Sanrio Co (TSE:8136) Graham Number: 円352.06 (As of Mar. 2026) — 8363% Above Median

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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:8136 Sanrio Co Ltd TSE:8136
91 GF Score
Price 円1,454.50
GF Value 円1,317.69
Valuation Fairly Valued
View Full Analysis

What is Sanrio Co Graham Number?

Sanrio Co TSE:8136 +4.12% 91 Graham Number is 円352.06 as of Mar. 2026, which is 100% below its 10-year median of 4.16. GuruFocus rates TSE:8136 with a GF Score™ of 91/100 and a GF Value™ of 円1,317.69 (Fairly Valued). Among 763 Retail - Cyclical companies, Sanrio Co ranks worse than 89.12% 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 (2026-08-11), the stock price of Sanrio Co is 円1454.50. Sanrio Co's graham number for the quarter that ended in Mar. 2026 was 円352.06. Therefore, Sanrio Co's Price to Graham Number ratio for today is 4.09.

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

TSE:8136' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.15   Med: 4.16   Max: 5.45
Current: 4.13

During the past 13 years, the highest Price to Graham Number ratio of Sanrio Co was 5.45. The lowest was 2.15. And the median was 4.16.

TSE:8136's Price-to-Graham-Number is ranked worse than
89.12% of 763 companies
in the Retail - Cyclical industry
Industry Median: 1.25 vs TSE:8136: 4.13

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


Sanrio Co  (TSE:8136) 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.

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

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=1454.50/355.86
=4.09

* 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.


Sanrio Co Graham Number Related Terms


Sanrio Co Graham Number Historical Data

* Premium members only.

The historical data trend for Sanrio 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.

Sanrio Co Graham Number Chart

Sanrio 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 37.44 84.62 128.78 251.94 352.05

Sanrio Co 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 269.05 317.96 317.63 352.06 362.66

TSE:8136 vs CASY, WSM, ULTA: Graham Number Comparison

For the Specialty Retail subindustry, Sanrio 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.


Sanrio Co Price-to-Graham-Number vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sanrio Co's Price-to-Graham-Number distribution charts can be found below:

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


TSE:8136
91GF Score
Sanrio Co Ltd TSE:8136
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanrio Co Graham Number Calculation

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

Sanrio 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*123.018*44.777)
=352.05

Sanrio 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*123.018*45.752)
=355.86

* 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352.06 mean?
Sanrio Co (TSE:8136) has a Graham Number of 円352.06 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Sanrio Co and its competitors. This is 8363% above median its historical median of 4.16. Over the past decade, Sanrio Co's Graham Number has ranged from 2.15 to 5.45. According to the industry distribution chart, Sanrio Co ranks #680 out of 763 companies in the Retail - Cyclical industry, placing it in the top 89.1%.
Is Sanrio Co's Graham Number too high?
Sanrio Co's current Graham Number of 円352.06 is 8363% above median its 10-year median of 4.16. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 5.45. Based on the distribution chart, Sanrio Co ranks #680 out of 763 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Sanrio Co has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sanrio Co's Graham Number compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Sanrio Co ranks #680 out of 763 companies for Graham Number. This places Sanrio Co in the lower half of its industry. The industry median Graham Number is 1.25. Historically, Sanrio Co's own Graham Number has ranged from 2.15 to 5.45 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 Retail - Cyclical company?
The median Graham Number among Retail - Cyclical companies is 1.25, based on 763 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 Sanrio Co and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanrio Co's current Graham Number is 円352.06, which is 8363% above median its own 10-year median of 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanrio Co stock overvalued right now?
Based on GuruFocus' analysis, Sanrio Co (TSE:8136) is currently considered Fairly Valued. The stock's GF Value™ is 円1,317.69, compared to a current price of 円1,454.50 — trading 10.4% above its estimated fair value. The current Graham Number is 円352.06, which is 8363% above median its 10-year median of 4.16. Sanrio Co's overall GF Score™ is 91/100. 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 Sanrio Co (TSE:8136), the current Graham Number is 円352.06 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 Sanrio Co (TSE:8136) Overvalued in 2026?

Based on GuruFocus' analysis, Sanrio Co stock appears to be overvalued. The current stock price of 円1,454.50 is trading 10.4% above its estimated GF Value™ of 円1,317.69. GuruFocus considers Sanrio Co to be Fairly Valued.

Key valuation signals for TSE:8136:

  • Graham Number: 円352.06 (8363% above median its 10-year median of 4.16)
  • GF Value™: 円1,317.69 vs. price of 円1,454.50 (10.4% above fair value)
  • GF Score™: 91/100

No single metric tells the full story. See the TSE:8136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sanrio Co Business Description

Address 1-11-1 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8603
Sanrio is a Japanese company best known for creating cute, character-driven brands, most famously Hello Kitty. Founded in 1960 by Shintaro Tsuji, Sanrio specializes in designing and licensing characters that appeal to a wide audience, especially children and young adults. Its portfolio includes beloved characters like My Melody, Cinnamoroll, Kuromi, and Pompompurin. Beyond merchandise, Sanrio's influence extends to animation, fashion, theme parks, and global pop culture, embodying the concept of kawaii (cuteness) as a cultural phenomenon.
91GF Score

Get the complete analysis for TSE:8136

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

円1,454.50
Price
円1,317.69
GF Value