Nozaki Insatsu Shigyo Co (TSE:7919) Graham Number: 円388.71 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:7919 Nozaki Insatsu Shigyo Co Ltd TSE:7919
66 GF Score
Price 円226.00
GF Value 円176.01
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nozaki Insatsu Shigyo Co Graham Number?

Nozaki Insatsu Shigyo Co TSE:7919 +0.89% 66 Graham Number is 円388.71 as of Mar. 2026. GuruFocus rates TSE:7919 with a GF Score™ of 66/100 and a GF Value™ of 円176.01 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 704 Business Services companies, Nozaki Insatsu Shigyo Co ranks better than 88.64% 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 (2026-08-26), the stock price of Nozaki Insatsu Shigyo Co is 円226.00. Nozaki Insatsu Shigyo Co's graham number for the quarter that ended in Mar. 2026 was 円388.71. Therefore, Nozaki Insatsu Shigyo Co's Price to Graham Number ratio for today is 0.53.

The historical rank and industry rank for Nozaki Insatsu Shigyo Co's Graham Number or its related term are showing as below:

TSE:7919' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.38   Med: 0.73   Max: 2.78
Current: 0.52

During the past 13 years, the highest Price to Graham Number ratio of Nozaki Insatsu Shigyo Co was 2.78. The lowest was 0.38. And the median was 0.73.

TSE:7919's Price-to-Graham-Number is ranked better than
88.64% of 704 companies
in the Business Services industry
Industry Median: 1.175 vs TSE:7919: 0.52

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


Nozaki Insatsu Shigyo Co  (TSE:7919) 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.

Nozaki Insatsu Shigyo Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=226.00/427.24
=0.53

* 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.


Nozaki Insatsu Shigyo Co Graham Number Related Terms


Nozaki Insatsu Shigyo Co Graham Number Historical Data

* Premium members only.

The historical data trend for Nozaki Insatsu Shigyo 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.

Nozaki Insatsu Shigyo Co Graham Number Chart

Nozaki Insatsu Shigyo Co 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 135.94 268.40 426.84 439.02 388.70

Nozaki Insatsu Shigyo Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 329.11 286.48 318.88 388.71 434.15

TSE:7919 vs CTAS, CPRT, GPN: Graham Number Comparison

For the Specialty Business Services subindustry, Nozaki Insatsu Shigyo 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.


Nozaki Insatsu Shigyo Co Price-to-Graham-Number vs Business Services Industry

For the Business Services industry and Industrials sector, Nozaki Insatsu Shigyo Co's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Nozaki Insatsu Shigyo Co's Price-to-Graham-Number falls into.


TSE:7919
66GF Score
Nozaki Insatsu Shigyo Co Ltd TSE:7919
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nozaki Insatsu Shigyo Co Graham Number Calculation

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

Nozaki Insatsu Shigyo Co'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*284.583*23.596)
=388.70

Nozaki Insatsu Shigyo Co'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*284.583*28.507)
=427.24

* 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388.71 mean?
Nozaki Insatsu Shigyo Co (TSE:7919) has a Graham Number of 円388.71 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Nozaki Insatsu Shigyo Co and its competitors. According to the industry distribution chart, Nozaki Insatsu Shigyo Co ranks #80 out of 704 companies in the Business Services industry, placing it in the top 11.4%.
Is Nozaki Insatsu Shigyo Co's Graham Number too high?
Nozaki Insatsu Shigyo Co's current Graham Number is 円388.71. Based on the distribution chart, Nozaki Insatsu Shigyo Co ranks #80 out of 704 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Nozaki Insatsu Shigyo Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nozaki Insatsu Shigyo Co's Graham Number compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Nozaki Insatsu Shigyo Co ranks #80 out of 704 companies for Graham Number. This places Nozaki Insatsu Shigyo Co in the top 11% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.18. 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 Business Services company?
The median Graham Number among Business Services companies is 1.18, based on 704 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 Nozaki Insatsu Shigyo Co and its competitors. For the Business Services industry, the median Graham Number is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nozaki Insatsu Shigyo Co's current Graham Number is 円388.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nozaki Insatsu Shigyo Co stock overvalued right now?
Based on GuruFocus' analysis, Nozaki Insatsu Shigyo Co (TSE:7919) is currently considered Modestly Overvalued. The stock's GF Value™ is 円176.01, compared to a current price of 円226.00 — trading 28.4% above its estimated fair value. The current Graham Number is 円388.71. Nozaki Insatsu Shigyo Co's overall GF Score™ is 66/100 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 Nozaki Insatsu Shigyo Co (TSE:7919), the current Graham Number is 円388.71 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 Nozaki Insatsu Shigyo Co (TSE:7919) Overvalued in 2026?

Based on GuruFocus' analysis, Nozaki Insatsu Shigyo Co stock appears to be overvalued. The current stock price of 円226.00 is trading 28.4% above its estimated GF Value™ of 円176.01. GuruFocus considers Nozaki Insatsu Shigyo Co to be Modestly Overvalued.

Key valuation signals for TSE:7919:

  • Graham Number: 円388.71
  • GF Value™: 円176.01 vs. price of 円226.00 (28.4% above fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the TSE:7919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nozaki Insatsu Shigyo Co Business Description

Address 54-5 Shimofusacho, Kyoto, JPN
Nozaki Insatsu Shigyo Co Ltd is a comprehensive printing company. The company operates through its four business divisions. The Commercial Printing division is involved in the manufacture and sale of calendars, catalogues, pamphlets, direct mail, posters and fine art print. The Packaging Materials and Paper Products division is engaged in the manufacture and sale of packaging paper, paper containers, paper bags and business forms. The Information Equipment and Supplies division is engaged in the manufacture of barcode printers, full-colour card printers, tags, labels and seals. The Others division is engaged in the manufacture and sale of plastic bags and carry bags, among others.
66GF Score

Get the complete analysis for TSE:7919

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

円226.00
Price
円176.01
GF Value