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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 (2026-09-09), the stock price of Rhythm Co is 円3800.00. Rhythm Co's graham number for the quarter that ended in Mar. 2026 was 円4,636.69. Therefore, Rhythm Co's Price to Graham Number ratio for today is 0.95.
The historical rank and industry rank for Rhythm Co's Graham Number or its related term are showing as below:
TSE:7769'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.46 Med: 1.11 Max: 2.02
Current: 0.95
During the past 13 years, the highest Price to Graham Number ratio of Rhythm Co was 2.02. The lowest was 0.46. And the median was 1.11.
TSE:7769's Price-to-Graham-Number is ranked better than 64.75% of 766
companies
in the Retail - Cyclical industry
Industry Median: 1.24
vs TSE:7769: 0.95
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
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.
Rhythm Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
3800.00
/
3,984.56
=
0.95
* 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.
Rhythm Co Graham Number Related Terms
Rhythm Co Graham Number Historical Data
* Premium members only.
The historical data trend for Rhythm 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.
For the Luxury Goods subindustry, Rhythm 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.
Rhythm Co Price-to-Graham-Number vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Rhythm Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Rhythm 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.
Rhythm Co (TSE:7769) has a Graham Number of 円4,636.69 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Rhythm Co and its competitors. According to the industry distribution chart, Rhythm Co ranks #270 out of 766 companies in the Retail - Cyclical industry, placing it in the top 35.2%.
Is Rhythm Co's Graham Number too high?
Rhythm Co's current Graham Number is 円4,636.69. Based on the distribution chart, Rhythm Co ranks #270 out of 766 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Rhythm Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rhythm Co's Graham Number compare to TPR?
According to the Retail - Cyclical industry distribution chart, Rhythm Co ranks #270 out of 766 companies for Graham Number. This puts Rhythm Co in the upper half of its industry. The industry median Graham Number is 1.24. 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 Retail - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.24, based on 766 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 Rhythm Co and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rhythm Co's current Graham Number is 円4,636.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rhythm Co stock overvalued right now?
Based on GuruFocus' analysis, Rhythm Co (TSE:7769) is currently considered Fairly Valued. The stock's GF Value™ is 円3,984.63, compared to a current price of 円3,800.00 — trading 4.6% below its estimated fair value. The current Graham Number is 円4,636.69. Rhythm Co's overall GF Score™ is 75/100 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 Rhythm Co (TSE:7769), the current Graham Number is 円4,636.69 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 Rhythm Co (TSE:7769) Overvalued in 2026?
Based on GuruFocus' analysis, Rhythm Co stock appears to be undervalued.
The current stock price of 円3,800.00 is trading 4.6% below its estimated GF Value™ of 円3,984.63.
GuruFocus considers Rhythm Co to be Fairly Valued.
Key valuation signals for TSE:7769:
Graham Number: 円4,636.69
GF Value™: 円3,984.63 vs. price of 円3,800.00 (4.6% below fair value)
No single metric tells the full story. See the TSE:7769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rhythm Co Ltd is a watch manufacturer. The company is mainly engaged in the manufacturing and sale of clocks, jewelry, watches, electronic parts and equipment. It operates its business in two divisions including Precision Parts and Household Goods Business. The Precision Parts Business manufactures and sells precision parts used in automobiles, industrial equipment, optical equipment, office/communication equipment, solar power generation, home appliances, difficult precision molds, electronic equipment, information, automotive-related equipment and other decorative products. The Household Goods Business manufactures and sells clocks such as wall clocks, table clocks, alarm clocks, digital clocks and equipment clocks, clock movements, disaster prevention administrative radios and others.
75GF Score
Get the complete analysis for TSE:7769
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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