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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 (2026-08-26), the stock price of NISHIKAWA KEISOKU Co is 円9680.00. NISHIKAWA KEISOKU Co's graham number for the quarter that ended in Mar. 2026 was 円11,647.83. Therefore, NISHIKAWA KEISOKU Co's Price to Graham Number ratio for today is 0.78.
The historical rank and industry rank for NISHIKAWA KEISOKU Co's Graham Number or its related term are showing as below:
TSE:7500'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.55 Med: 0.82 Max: 1.12
Current: 0.76
During the past 13 years, the highest Price to Graham Number ratio of NISHIKAWA KEISOKU Co was 1.12. The lowest was 0.55. And the median was 0.82.
TSE:7500's Price-to-Graham-Number is ranked better than 82.21% of 1647
companies
in the Hardware industry
Industry Median: 1.76
vs TSE:7500: 0.76
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
NISHIKAWA KEISOKU Co (TSE:7500) 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.
NISHIKAWA KEISOKU Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
9680.00
/
12,412.99
=
0.78
* 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.
NISHIKAWA KEISOKU Co Graham Number Related Terms
NISHIKAWA KEISOKU Co Graham Number Historical Data
* Premium members only.
The historical data trend for NISHIKAWA KEISOKU Co'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.
TSE:7500 vs COHR, KEYS, GRMN: Graham Number Comparison
For the Scientific & Technical Instruments subindustry, NISHIKAWA KEISOKU Co'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.
NISHIKAWA KEISOKU Co Price-to-Graham-Number vs Hardware Industry
For the Hardware industry and Technology sector, NISHIKAWA KEISOKU Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where NISHIKAWA KEISOKU Co's Price-to-Graham-Number falls into.
* 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.
NISHIKAWA KEISOKU Co (TSE:7500) has a Graham Number of 円11,647.83 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on NISHIKAWA KEISOKU Co and its competitors. According to the industry distribution chart, NISHIKAWA KEISOKU Co ranks #293 out of 1647 companies in the Hardware industry, placing it in the top 17.8%.
Is NISHIKAWA KEISOKU Co's Graham Number too high?
NISHIKAWA KEISOKU Co's current Graham Number is 円11,647.83. Based on the distribution chart, NISHIKAWA KEISOKU Co ranks #293 out of 1647 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, NISHIKAWA KEISOKU Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NISHIKAWA KEISOKU Co's Graham Number compare to COHR and KEYS?
According to the Hardware industry distribution chart, NISHIKAWA KEISOKU Co ranks #293 out of 1647 companies for Graham Number. This places NISHIKAWA KEISOKU Co in the top 18% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.76. 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 Hardware company?
The median Graham Number among Hardware companies is 1.76, based on 1,647 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 NISHIKAWA KEISOKU Co and its competitors. For the Hardware industry, the median Graham Number is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NISHIKAWA KEISOKU Co's current Graham Number is 円11,647.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NISHIKAWA KEISOKU Co stock overvalued right now?
Based on GuruFocus' analysis, NISHIKAWA KEISOKU Co (TSE:7500) is currently considered Fairly Valued. The stock's GF Value™ is 円10,222.04, compared to a current price of 円9,680.00 — trading 5.3% below its estimated fair value. The current Graham Number is 円11,647.83. NISHIKAWA KEISOKU Co's overall GF Score™ is 84/100 with 1 warning sign 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 NISHIKAWA KEISOKU Co (TSE:7500), the current Graham Number is 円11,647.83 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 NISHIKAWA KEISOKU Co (TSE:7500) Overvalued in 2026?
Based on GuruFocus' analysis, NISHIKAWA KEISOKU Co stock appears to be undervalued.
The current stock price of 円9,680.00 is trading 5.3% below its estimated GF Value™ of 円10,222.04.
GuruFocus considers NISHIKAWA KEISOKU Co to be Fairly Valued.
Key valuation signals for TSE:7500:
Graham Number: 円11,647.83
GF Value™: 円10,222.04 vs. price of 円9,680.00 (5.3% below fair value)
No single metric tells the full story. See the TSE:7500 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NISHIKAWA KEISOKU Co Ltd sells measuring instruments, control equipment, and information systems. The company also designs and sells scientific and chemical equipment, industrial equipment and also provides engineering, software production, instrumentation work and maintenance services associated with the sales of these products.
84GF Score
Get the complete analysis for TSE:7500
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