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First Juken CoTSE:8917 +0.36%63 Graham Number is 円2,679.73 as of Apr. 2026, which is 100% below its 10-year median of 0.41. GuruFocus rates TSE:8917 with a GF Score™ of 63/100 and a GF Value™ of 円1,103.16 (Fairly Valued). The stock has 3 warning signs investors should review. Among 72 Homebuilding & Construction companies, First Juken Co ranks better than 84.72% 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 (2026-07-22), the stock price of First Juken Co is 円1122.00. First Juken Co's graham number for the quarter that ended in Apr. 2026 was 円2,679.73. Therefore, First Juken Co's Price to Graham Number ratio for today is 0.42.
The historical rank and industry rank for First Juken Co's Graham Number or its related term are showing as below:
TSE:8917'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.35 Med: 0.41 Max: 0.55
Current: 0.42
During the past 13 years, the highest Price to Graham Number ratio of First Juken Co was 0.55. The lowest was 0.35. And the median was 0.41.
TSE:8917's Price-to-Graham-Number is ranked better than 84.72% of 72
companies
in the Homebuilding & Construction industry
Industry Median: 0.745
vs TSE:8917: 0.42
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
First Juken Co (TSE:8917) 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.
First Juken Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Apr. 2026 )
=
1122.00
/
2,679.73
=
0.42
* 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.
First Juken Co Graham Number Related Terms
First Juken Co Graham Number Historical Data
* Premium members only.
The historical data trend for First Juken 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.
TSE:8917 vs DHI, PHM, LEN: Graham Number Comparison
For the Residential Construction subindustry, First Juken 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.
First Juken Co Price-to-Graham-Number vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, First Juken Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where First Juken Co'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.
First Juken Co (TSE:8917) has a Graham Number of 円2,679.73 as of Apr. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on First Juken Co and its competitors. This is 653493% above median its historical median of 0.41. Over the past decade, First Juken Co's Graham Number has ranged from 0.35 to 0.55. According to the industry distribution chart, First Juken Co ranks #11 out of 72 companies in the Homebuilding & Construction industry, placing it in the top 15.3%.
Is First Juken Co's Graham Number too high?
First Juken Co's current Graham Number of 円2,679.73 is 653493% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.55. Based on the distribution chart, First Juken Co ranks #11 out of 72 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, First Juken Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Juken Co's Graham Number compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, First Juken Co ranks #11 out of 72 companies for Graham Number. This places First Juken Co in the top 15% of its industry — outperforming the majority of peers. The industry median Graham Number is 0.75. Historically, First Juken Co's own Graham Number has ranged from 0.35 to 0.55 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 Homebuilding & Construction company?
The median Graham Number among Homebuilding & Construction companies is 0.75, based on 72 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 First Juken Co and its competitors. For the Homebuilding & Construction industry, the median Graham Number is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Juken Co's current Graham Number is 円2,679.73, which is 653493% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Juken Co stock overvalued right now?
Based on GuruFocus' analysis, First Juken Co (TSE:8917) is currently considered Fairly Valued. The stock's GF Value™ is 円1,103.16, compared to a current price of 円1,122.00 — trading 1.7% above its estimated fair value. The current Graham Number is 円2,679.73, which is 653493% above median its 10-year median of 0.41. First Juken Co's overall GF Score™ is 63/100 with 3 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 First Juken Co (TSE:8917), the current Graham Number is 円2,679.73 as of Apr. 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 First Juken Co (TSE:8917) Overvalued in 2026?
Based on GuruFocus' analysis, First Juken Co stock appears to be overvalued.
The current stock price of 円1,122.00 is trading 1.7% above its estimated GF Value™ of 円1,103.16.
GuruFocus considers First Juken Co to be Fairly Valued.
Key valuation signals for TSE:8917:
Graham Number: 円2,679.73 (653493% above median its 10-year median of 0.41)
GF Value™: 円1,103.16 vs. price of 円1,122.00 (1.7% above fair value)
No single metric tells the full story. See the TSE:8917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Juken Co Ltd is a Japanese based company engaged in the development of residential housing and condominium buildings. Its detached housing business offers the wooden house with a traditional conventional construction method. Its residential condominium business offers house on sale and rental. It is also engaged insurance business that offers fire insurance and life insurance. The Group is mainly engaged in the Detached house business, Condominium business and Special construction business.
63GF Score
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