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Saikaya Department Store Co (TSE:8254) Graham Number : 円209.00 (As of Aug. 2024)


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What is Saikaya Department Store Co Graham Number?

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 (2024-12-11), the stock price of Saikaya Department Store Co is 円405.00. Saikaya Department Store Co's graham number for the quarter that ended in Aug. 2024 was 円209.00. Therefore, Saikaya Department Store Co's Price to Graham Number ratio for today is 1.94.

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

TSE:8254' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.16   Med: 0.34   Max: 7.48
Current: 1.94

During the past 13 years, the highest Price to Graham Number ratio of Saikaya Department Store Co was 7.48. The lowest was 0.16. And the median was 0.34.

TSE:8254's Price-to-Graham-Number is ranked worse than
65.37% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.4 vs TSE:8254: 1.94

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


Saikaya Department Store Co Graham Number Historical Data

The historical data trend for Saikaya Department Store 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.

* Premium members only.

Saikaya Department Store Co Graham Number Chart

Saikaya Department Store Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Aug23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 200.63

Saikaya Department Store Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 49.21 175.33 278.89 297.43 209.00

Competitive Comparison of Saikaya Department Store Co's Graham Number

For the Department Stores subindustry, Saikaya Department Store 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.


Saikaya Department Store Co's Price-to-Graham-Number Distribution in the Retail - Cyclical Industry

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

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



Saikaya Department Store Co Graham Number Calculation

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

Saikaya Department Store Co's Graham Number for the fiscal year that ended in Aug. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*113.427*15.772)
=200.63

Saikaya Department Store Co's Graham Number for the quarter that ended in Aug. 2024 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*116.594*16.651)
=209.00

* 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.


Saikaya Department Store Co  (TSE:8254) 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.

Saikaya Department Store Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Aug. 2024 )
=405.00/209.00
=1.94

* 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.


Saikaya Department Store Co Graham Number Related Terms

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Saikaya Department Store Co Business Description

Traded in Other Exchanges
N/A
Address
1 Nisshin-cho, Kawasaki Ward, Kanagawa, JPN, 210-0023
Saikaya Department Store Co Ltd formerly, Saikaya Co Ltd operates in the department stores industry. The company is engaged in the operation of department store chains in Kanagawa prefecture. It also operates a supermarket chain and real estate business.

Saikaya Department Store Co Headlines

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