Wavelock Holdings Co (TSE:7940) Graham Number: 円1,434.21 (As of Mar. 2026) — 333437% Above Median

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TSE:7940 Wavelock Holdings Co Ltd TSE:7940
42 GF Score
Price 円1,057.00
GF Value 円697.99
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Wavelock Holdings Co Graham Number?

Wavelock Holdings Co TSE:7940 42 Graham Number is 円1,434.21 as of Mar. 2026, which is 100% below its 10-year median of 0.43. GuruFocus rates TSE:7940 with a GF Score™ of 42/100 and a GF Value™ of 円697.99 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,172 Chemicals companies, Wavelock Holdings Co ranks better than 80.55% 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 (2026-08-18), the stock price of Wavelock Holdings Co is 円1057.00. Wavelock Holdings Co's graham number for the quarter that ended in Mar. 2026 was 円1,434.21. Therefore, Wavelock Holdings Co's Price to Graham Number ratio for today is 0.74.

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

TSE:7940' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.29   Med: 0.43   Max: 0.97
Current: 0.74

During the past 12 years, the highest Price to Graham Number ratio of Wavelock Holdings Co was 0.97. The lowest was 0.29. And the median was 0.43.

TSE:7940's Price-to-Graham-Number is ranked better than
80.55% of 1172 companies
in the Chemicals industry
Industry Median: 1.51 vs TSE:7940: 0.74

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


Wavelock Holdings Co  (TSE:7940) 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.

Wavelock Holdings Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=1057.00/1,434.21
=0.74

* 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.


Wavelock Holdings Co Graham Number Related Terms


Wavelock Holdings Co Graham Number Historical Data

* Premium members only.

The historical data trend for Wavelock Holdings 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.

Wavelock Holdings Co Graham Number Chart

Wavelock Holdings 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 1,594.79 1,618.21 1,510.07 1,639.40 1,433.03

Wavelock Holdings Co Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1,510.07 1,486.34 1,639.58 1,568.04 1,434.21

TSE:7940 vs LIN, SHW, ECL: Graham Number Comparison

For the Specialty Chemicals subindustry, Wavelock Holdings 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.


Wavelock Holdings Co Price-to-Graham-Number vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wavelock Holdings Co's Price-to-Graham-Number distribution charts can be found below:

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


TSE:7940
42GF Score
Wavelock Holdings Co Ltd TSE:7940
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wavelock Holdings Co Graham Number Calculation

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

Wavelock Holdings 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*1929.12*47.312)
=1,433.03

Wavelock Holdings 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*1929.12*47.39)
=1,434.21

* 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1,434.21 mean?
Wavelock Holdings Co (TSE:7940) has a Graham Number of 円1,434.21 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Wavelock Holdings Co and its competitors. This is 333437% above median its historical median of 0.43. Over the past decade, Wavelock Holdings Co's Graham Number has ranged from 0.29 to 0.97. According to the industry distribution chart, Wavelock Holdings Co ranks #228 out of 1172 companies in the Chemicals industry, placing it in the top 19.5%.
Is Wavelock Holdings Co's Graham Number too high?
Wavelock Holdings Co's current Graham Number of 円1,434.21 is 333437% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.97. Based on the distribution chart, Wavelock Holdings Co ranks #228 out of 1172 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Wavelock Holdings Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wavelock Holdings Co's Graham Number compare to LIN and SHW?
According to the Chemicals industry distribution chart, Wavelock Holdings Co ranks #228 out of 1172 companies for Graham Number. This places Wavelock Holdings Co in the top 20% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.51. Historically, Wavelock Holdings Co's own Graham Number has ranged from 0.29 to 0.97 over the past decade. 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 Chemicals company?
The median Graham Number among Chemicals companies is 1.51, based on 1,172 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 Wavelock Holdings Co and its competitors. For the Chemicals industry, the median Graham Number is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wavelock Holdings Co's current Graham Number is 円1,434.21, which is 333437% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavelock Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wavelock Holdings Co (TSE:7940) is currently considered Significantly Overvalued. The stock's GF Value™ is 円697.99, compared to a current price of 円1,057.00 — trading 51.4% above its estimated fair value. The current Graham Number is 円1,434.21, which is 333437% above median its 10-year median of 0.43. Wavelock Holdings Co's overall GF Score™ is 42/100 with 8 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 Wavelock Holdings Co (TSE:7940), the current Graham Number is 円1,434.21 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 Wavelock Holdings Co (TSE:7940) Overvalued in 2026?

Based on GuruFocus' analysis, Wavelock Holdings Co stock appears to be overvalued. The current stock price of 円1,057.00 is trading 51.4% above its estimated GF Value™ of 円697.99. GuruFocus considers Wavelock Holdings Co to be Significantly Overvalued.

Key valuation signals for TSE:7940:

  • Graham Number: 円1,434.21 (333437% above median its 10-year median of 0.43)
  • GF Value™: 円697.99 vs. price of 円1,057.00 (51.4% above fair value)
  • GF Score™: 42/100 with 8 warning signs

No single metric tells the full story. See the TSE:7940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wavelock Holdings Co Business Description

Address No. 8, No. 1 Akashi-cho, St. Road Tower, 13th Floor, Chuo-ku, Tokyo, JPN, 104-0044
Wavelock Holdings Co Ltd manufactures and sells household goods related products in Japan. The company offers construction/ civil engineering related materials, wallpapers; smoke-free walls; door screens, insect repellent nets, gardening nets and plastic sheets, tear tapes, metal decorating films, Packaging related materials, Agriculture related materials, Automotive/ weak electric materials and processed products. It also processes and sells and provides consulting services to synthetic resins and various materials.
42GF Score

Get the complete analysis for TSE:7940

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

円1,057.00
Price
円697.99
GF Value