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Toyo Suisan KaishaTSUKF +1.88%82 Graham Number is $59.71 as of Mar. 2026, which is 4960% above its 10-year median of 1.18. GuruFocus rates TSUKF with a GF Score™ of 82/100 and a GF Value™ of $74.84 (Modestly Undervalued). Among 1,385 Consumer Packaged Goods companies, Toyo Suisan Kaisha ranks worse than 54.66% 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 (2026-07-31), the stock price of Toyo Suisan Kaisha is $65.32. Toyo Suisan Kaisha's graham number for the quarter that ended in Mar. 2026 was $59.71. Therefore, Toyo Suisan Kaisha's Price to Graham Number ratio for today is 1.08.
The historical rank and industry rank for Toyo Suisan Kaisha's Graham Number or its related term are showing as below:
TSUKF'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.02 Med: 1.18 Max: 1.36
Current: 1.15
During the past 13 years, the highest Price to Graham Number ratio of Toyo Suisan Kaisha was 1.36. The lowest was 1.02. And the median was 1.18.
TSUKF's Price-to-Graham-Number is ranked worse than 54.66% of 1385
companies
in the Consumer Packaged Goods industry
Industry Median: 1.1
vs TSUKF: 1.15
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Toyo Suisan Kaisha (OTCPK:TSUKF) 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.
Toyo Suisan Kaisha's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
65.32
/
60.37
=
1.08
* 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.
Toyo Suisan Kaisha Graham Number Related Terms
Toyo Suisan Kaisha Graham Number Historical Data
* Premium members only.
The historical data trend for Toyo Suisan Kaisha'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.
For the Packaged Foods subindustry, Toyo Suisan Kaisha'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.
Toyo Suisan Kaisha Price-to-Graham-Number vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Toyo Suisan Kaisha's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Toyo Suisan Kaisha'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.
Toyo Suisan Kaisha (TSUKF) has a Graham Number of $59.71 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Toyo Suisan Kaisha and its competitors. This is 4960% above median its historical median of 1.18. Over the past decade, Toyo Suisan Kaisha's Graham Number has ranged from 1.02 to 1.36. According to the industry distribution chart, Toyo Suisan Kaisha ranks #757 out of 1385 companies in the Consumer Packaged Goods industry, placing it in the top 54.7%.
Is Toyo Suisan Kaisha's Graham Number too high?
Toyo Suisan Kaisha's current Graham Number of $59.71 is 4960% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 1.36. The Consumer Packaged Goods industry median Graham Number is 1.10. Toyo Suisan Kaisha's value of $59.71 is 5328.2% above this industry median. Based on the distribution chart, Toyo Suisan Kaisha ranks #757 out of 1385 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Toyo Suisan Kaisha has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Suisan Kaisha's Graham Number compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Toyo Suisan Kaisha ranks #757 out of 1385 companies for Graham Number. This places Toyo Suisan Kaisha in the lower half of its industry. The industry median Graham Number is 1.10. Toyo Suisan Kaisha's value of $59.71 is 5328.2% above this benchmark. Historically, Toyo Suisan Kaisha's own Graham Number has ranged from 1.02 to 1.36 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.10, Toyo Suisan Kaisha has consistently been above the industry average. 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 Consumer Packaged Goods company?
The median Graham Number among Consumer Packaged Goods companies is 1.10, based on 1,385 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. Toyo Suisan Kaisha's current Graham Number of $59.71 is 5328.2% above the industry median. 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 Toyo Suisan Kaisha and its competitors. For the Consumer Packaged Goods industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Suisan Kaisha's current Graham Number is $59.71, which is 4960% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Suisan Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Toyo Suisan Kaisha (TSUKF) is currently considered Modestly Undervalued. The stock's GF Value™ is $74.84, compared to a current price of $65.32 — trading 12.7% below its estimated fair value. The current Graham Number is $59.71, which is 4960% above median its 10-year median of 1.18 and 5328.2% above the Consumer Packaged Goods industry median of 1.10. Toyo Suisan Kaisha's overall GF Score™ is 82/100. 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 Toyo Suisan Kaisha (TSUKF), the current Graham Number is $59.71 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 Toyo Suisan Kaisha (TSUKF) Overvalued in 2026?
Based on GuruFocus' analysis, Toyo Suisan Kaisha stock appears to be undervalued.
The current stock price of $65.32 is trading 12.7% below its estimated GF Value™ of $74.84.
GuruFocus considers Toyo Suisan Kaisha to be Modestly Undervalued.
Key valuation signals for TSUKF:
Graham Number: $59.71 (4960% above median its 10-year median of 1.18)
GF Value™: $74.84 vs. price of $65.32 (12.7% below fair value)
Industry Position: 5328.2% above the Consumer Packaged Goods median (#757 of 1385)
No single metric tells the full story. See the TSUKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toyo Suisan is one of Japan's leading packaged food companies, best known for its Maruchan brand instant noodles. The company also produces and sells fresh and frozen foods, particularly seafood, with sales of its packaged and processed foods channeled to both commercial and retail customers. As of September 2025, around 55% of revenue originates in Japan. Sales in the US and Mexico are significant drivers of its ex-Japan revenue.
82GF Score
Get the complete analysis for TSUKF
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