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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 (2026-09-01), the stock price of Olympic Group is 円952.00. Olympic Group's graham number for the quarter that ended in Feb. 2026 was 円N/A. Therefore, Olympic Group's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Olympic Group's Graham Number or its related term are showing as below:
During the past 13 years, the highest Price to Graham Number ratio of Olympic Group was 1.88. The lowest was 0.48. And the median was 1.00.
TSE:8289's Price-to-Graham-Number is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.21 * Ranked among companies with meaningful Price-to-Graham-Number only.
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Olympic Group (TSE:8289) 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.
Olympic Group's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Feb. 2026 )
=
952.00
/
N/A
=
N/A
* 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.
Olympic Group Graham Number Related Terms
Olympic Group Graham Number Historical Data
* Premium members only.
The historical data trend for Olympic Group'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.
TSE:8289 vs CASY, WSM, DKS: Graham Number Comparison
For the Specialty Retail subindustry, Olympic Group'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.
Olympic Group Price-to-Graham-Number vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Olympic Group's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Olympic Group'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.
Olympic Group (TSE:8289) has a Graham Number of 円N/A as of Feb. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Olympic Group and its competitors. According to the industry distribution chart, Olympic Group ranks #999999 out of 764 companies in the Retail - Cyclical industry.
Is Olympic Group's Graham Number too high?
Olympic Group's current Graham Number is 円N/A. Based on the distribution chart, Olympic Group ranks #999999 out of 764 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Olympic Group has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Olympic Group's Graham Number compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Olympic Group ranks #999999 out of 764 companies for Graham Number. This places Olympic Group in the lower half of its industry. The industry median Graham Number is 1.21. 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 1.21, based on 764 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 Olympic Group and its competitors. For the Retail - Cyclical industry, the median Graham Number is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olympic Group's current Graham Number is 円N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympic Group stock overvalued right now?
Olympic Group (TSE:8289) has a current Graham Number of 円N/A. The stock's GF Value™ is 円538.51, compared to a current price of 円952.00 — trading 76.8% above its estimated fair value. The current Graham Number is 円N/A. Olympic Group's overall GF Score™ is 21/100 with 5 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 Olympic Group (TSE:8289), the current Graham Number is 円N/A as of Feb. 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 Olympic Group (TSE:8289) Overvalued in 2026?
Based on GuruFocus' analysis, Olympic Group stock appears to be overvalued.
The current stock price of 円952.00 is trading 76.8% above its estimated GF Value™ of 円538.51.
Key valuation signals for TSE:8289:
Graham Number: 円N/A
GF Value™: 円538.51 vs. price of 円952.00 (76.8% above fair value)
No single metric tells the full story. See the TSE:8289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olympic Group Corp is a Japan-based company, engages in the retail business. The company offers food, daily necessities, sports and leisure goods, pet supplies, shoes, clothing, DIY and gardening supplies; pet trimming and related products; footwear and related products; golf equipment; and car supplies. It also develops retail businesses such as specialty stores, discount stores, supermarkets, store development, and facility management businesses, as well as the production and wholesale of prepared foods.
21GF Score
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