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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 (2026-08-25), the stock price of Gourmet Kineya Co is 円988.00. Gourmet Kineya Co's graham number for the quarter that ended in Mar. 2026 was 円436.89. Therefore, Gourmet Kineya Co's Price to Graham Number ratio for today is 2.88.
The historical rank and industry rank for Gourmet Kineya Co's Graham Number or its related term are showing as below:
TSE:9850'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.63 Med: 2.15 Max: 2.96
Current: 2.96
During the past 13 years, the highest Price to Graham Number ratio of Gourmet Kineya Co was 2.96. The lowest was 1.63. And the median was 2.15.
TSE:9850's Price-to-Graham-Number is ranked worse than 73.43% of 207
companies
in the Restaurants industry
Industry Median: 1.67
vs TSE:9850: 2.96
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Gourmet Kineya Co (TSE:9850) 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.
Gourmet Kineya Co's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
988.00
/
343.20
=
2.88
* 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.
Gourmet Kineya Co Graham Number Related Terms
Gourmet Kineya Co Graham Number Historical Data
* Premium members only.
The historical data trend for Gourmet Kineya 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:9850 vs MCD, SBUX, YUM: Graham Number Comparison
For the Restaurants subindustry, Gourmet Kineya 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.
Gourmet Kineya Co Price-to-Graham-Number vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Gourmet Kineya Co's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Gourmet Kineya 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.
Gourmet Kineya Co (TSE:9850) has a Graham Number of 円436.89 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Gourmet Kineya Co and its competitors. According to the industry distribution chart, Gourmet Kineya Co ranks #152 out of 207 companies in the Restaurants industry, placing it in the top 73.4%.
Is Gourmet Kineya Co's Graham Number too high?
Gourmet Kineya Co's current Graham Number is 円436.89. Based on the distribution chart, Gourmet Kineya Co ranks #152 out of 207 companies in the Restaurants industry, which is below the industry midpoint. Overall, Gourmet Kineya Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gourmet Kineya Co's Graham Number compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Gourmet Kineya Co ranks #152 out of 207 companies for Graham Number. This places Gourmet Kineya Co in the lower half of its industry. The industry median Graham Number is 1.67. 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 Restaurants company?
The median Graham Number among Restaurants companies is 1.67, based on 207 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 Gourmet Kineya Co and its competitors. For the Restaurants industry, the median Graham Number is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gourmet Kineya Co's current Graham Number is 円436.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gourmet Kineya Co stock overvalued right now?
Based on GuruFocus' analysis, Gourmet Kineya Co (TSE:9850) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,314.16, compared to a current price of 円988.00 — trading 24.8% below its estimated fair value. The current Graham Number is 円436.89. Gourmet Kineya Co's overall GF Score™ is 54/100 with 6 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 Gourmet Kineya Co (TSE:9850), the current Graham Number is 円436.89 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 Gourmet Kineya Co (TSE:9850) Overvalued in 2026?
Based on GuruFocus' analysis, Gourmet Kineya Co stock appears to be undervalued.
The current stock price of 円988.00 is trading 24.8% below its estimated GF Value™ of 円1,314.16.
GuruFocus considers Gourmet Kineya Co to be Modestly Undervalued.
Key valuation signals for TSE:9850:
Graham Number: 円436.89
GF Value™: 円1,314.16 vs. price of 円988.00 (24.8% below fair value)
No single metric tells the full story. See the TSE:9850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gourmet Kineya Co Ltd engages in the management of restaurants. The firm operates a chain of stores serving udon, soba, sushi, and western-style cuisine and ethnic-themed restaurants. It is also engaged in offering in-flight catering and food services. In addition, the company is involved in the production, processing, and sale of frozen food; general property leasing services; railway and passenger transportation services; the sale of Japanese rice and seafood products; and customs clearance and bonded storage business.
54GF Score
Get the complete analysis for TSE:9850
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