Murakami (TSE:7292) Graham Number: 円9,921.23 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7292 Murakami Corp TSE:7292
84 GF Score
Price 円6,860.00
GF Value 円6,020.62
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Murakami Graham Number?

Murakami TSE:7292 84 Graham Number is 円9,921.23 as of Mar. 2026. GuruFocus rates TSE:7292 with a GF Score™ of 84/100 and a GF Value™ of 円6,020.62 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 989 Vehicles & Parts companies, Murakami ranks better than 70.88% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-09-04), the stock price of Murakami is 円6860.00. Murakami's graham number for the quarter that ended in Mar. 2026 was 円9,921.23. Therefore, Murakami's Price to Graham Number ratio for today is 0.71.

The historical rank and industry rank for Murakami's Graham Number or its related term are showing as below:

TSE:7292' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.32   Med: 0.47   Max: 0.71
Current: 0.7

During the past 13 years, the highest Price to Graham Number ratio of Murakami was 0.71. The lowest was 0.32. And the median was 0.47.

TSE:7292's Price-to-Graham-Number is ranked better than
70.88% of 989 companies
in the Vehicles & Parts industry
Industry Median: 1.14 vs TSE:7292: 0.70

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Murakami  (TSE:7292) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Murakami's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=6860.00/9,713.01
=0.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Murakami Graham Number Related Terms


Murakami Graham Number Historical Data

* Premium members only.

The historical data trend for Murakami's Graham Number can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Murakami Graham Number Chart

Murakami Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,030.10 6,877.09 8,763.57 9,387.04 9,921.32

Murakami Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Graham Number Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,678.64 9,956.38 9,992.08 9,921.23 9,740.85

TSE:7292 vs ORLY, AZO, GPC: Graham Number Comparison

For the Auto Parts subindustry, Murakami's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Murakami Price-to-Graham-Number vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Murakami's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Murakami's Price-to-Graham-Number falls into.


TSE:7292
84GF Score
Murakami Corp TSE:7292
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Murakami Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Murakami's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*8075.011*541.768)
=9,921.32

Murakami's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*8075.011*519.257)
=9,713.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of 円9,921.23 mean?
Murakami (TSE:7292) has a Graham Number of 円9,921.23 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Murakami and its competitors. According to the industry distribution chart, Murakami ranks #288 out of 989 companies in the Vehicles & Parts industry, placing it in the top 29.1%.
Is Murakami's Graham Number too high?
Murakami's current Graham Number is 円9,921.23. Based on the distribution chart, Murakami ranks #288 out of 989 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Murakami has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Murakami's Graham Number compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Murakami ranks #288 out of 989 companies for Graham Number. This puts Murakami in the upper half of its industry. The industry median Graham Number is 1.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Vehicles & Parts company?
The median Graham Number among Vehicles & Parts companies is 1.14, based on 989 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Murakami and its competitors. For the Vehicles & Parts industry, the median Graham Number is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Murakami's current Graham Number is 円9,921.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Murakami stock overvalued right now?
Based on GuruFocus' analysis, Murakami (TSE:7292) is currently considered Modestly Overvalued. The stock's GF Value™ is 円6,020.62, compared to a current price of 円6,860.00 — trading 13.9% above its estimated fair value. The current Graham Number is 円9,921.23. Murakami's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Murakami (TSE:7292), the current Graham Number is 円9,921.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Murakami (TSE:7292) Overvalued in 2026?

Based on GuruFocus' analysis, Murakami stock appears to be overvalued. The current stock price of 円6,860.00 is trading 13.9% above its estimated GF Value™ of 円6,020.62. GuruFocus considers Murakami to be Modestly Overvalued.

Key valuation signals for TSE:7292:

  • Graham Number: 円9,921.23
  • GF Value™: 円6,020.62 vs. price of 円6,860.00 (13.9% above fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the TSE:7292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Murakami Business Description

Address 11-5 Tenma-cho, Aoi-ku, Shizuoka-city, Shizuoka, JPN, 420-8550
Murakami Corp manufactures and sells rear-view mirrors for automobiles and optical thin-film materials. The company offers rear-view mirror products, including hydrophilic clear mirrors, electro-chromic mirrors, aspheric mirrors, powerfold units, actuators, blind spot indicator mirrors, auto powerfold mirrors, exterior rear view mirrors with turn lamps and side cameras, projection lamps, and actuator units for electric vehicle inlet. It also provides opt-electronics solutions covering video equipment, such as dichronic mirrors and filters, UV cut and IR cut filters, bandpass filters, trimming filters, half mirrors for use in projectors, digital cameras. In addition, it offers various components, including projection mirror actuator units, navigation stands, and active spoiler controllers.
84GF Score

Get the complete analysis for TSE:7292

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円6,860.00
Price
円6,020.62
GF Value