TYGIF (Toyo Gosei Co) Graham Number: $31.54 (As of Mar. 2026) — 1744% Above Median

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TYGIF Toyo Gosei Co Ltd TYGIF
77 GF Score
Price $32.74
GF Value $20.11
! 5 Warning Signs
View Full Analysis

What is Toyo Gosei Co Graham Number?

Toyo Gosei Co TYGIF -31.79% 77 Graham Number is $31.54 as of Mar. 2026, which is 1744% above its 10-year median of 1.71. GuruFocus rates TYGIF with a GF Score™ of 77/100 and a GF Value™ of $20.11. The stock has 5 warning signs investors should review. Among 1,155 Chemicals companies, Toyo Gosei Co ranks worse than 73.77% 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 (2026-07-29), the stock price of Toyo Gosei Co is $32.74. Toyo Gosei Co's graham number for the quarter that ended in Mar. 2026 was $31.54. Therefore, Toyo Gosei Co's Price to Graham Number ratio for today is 1.04.

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

TYGIF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.67   Med: 1.71   Max: 4.35
Current: 3.09

During the past 13 years, the highest Price to Graham Number ratio of Toyo Gosei Co was 4.35. The lowest was 0.67. And the median was 1.71.

TYGIF's Price-to-Graham-Number is ranked worse than
73.77% of 1155 companies
in the Chemicals industry
Industry Median: 1.45 vs TYGIF: 3.09

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


Toyo Gosei Co  (OTCPK:TYGIF) 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 Gosei Co's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=32.74/31.54
=1.04

* 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 Gosei Co Graham Number Related Terms


Toyo Gosei Co Graham Number Historical Data

* Premium members only.

The historical data trend for Toyo Gosei 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.

Toyo Gosei Co Graham Number Chart

Toyo Gosei Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.18 38.41 28.05 34.74 31.20

Toyo Gosei Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 34.44 31.16 30.60 30.66 31.54

TYGIF vs DOW: Graham Number Comparison

For the Chemicals subindustry, Toyo Gosei 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.


Toyo Gosei Co Price-to-Graham-Number vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toyo Gosei Co's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Toyo Gosei Co's Price-to-Graham-Number falls into.


TYGIF
77GF Score
Toyo Gosei Co Ltd TYGIF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Gosei Co Graham Number Calculation

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

Toyo Gosei Co's Graham Number for the fiscal year that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*20.027*2.16)
=31.20

Toyo Gosei Co's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*20.027*2.208)
=31.54

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $31.54 mean?
Toyo Gosei Co (TYGIF) has a Graham Number of $31.54 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Toyo Gosei Co and its competitors. This is 1744% above median its historical median of 1.71. Over the past decade, Toyo Gosei Co's Graham Number has ranged from 0.67 to 4.35. According to the industry distribution chart, Toyo Gosei Co ranks #852 out of 1155 companies in the Chemicals industry, placing it in the top 73.8%.
Is Toyo Gosei Co's Graham Number too high?
Toyo Gosei Co's current Graham Number of $31.54 is 1744% above median its 10-year median of 1.71. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 4.35. The Chemicals industry median Graham Number is 1.45. Toyo Gosei Co's value of $31.54 is 2075.2% above this industry median. Based on the distribution chart, Toyo Gosei Co ranks #852 out of 1155 companies in the Chemicals industry, which is below the industry midpoint. Overall, Toyo Gosei Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Gosei Co's Graham Number compare to DOW?
According to the Chemicals industry distribution chart, Toyo Gosei Co ranks #852 out of 1155 companies for Graham Number. This places Toyo Gosei Co in the lower half of its industry. The industry median Graham Number is 1.45. Toyo Gosei Co's value of $31.54 is 2075.2% above this benchmark. Historically, Toyo Gosei Co's own Graham Number has ranged from 0.67 to 4.35 over the past decade. While the company's 10-year median is 1.71 vs. the industry median of 1.45, Toyo Gosei Co 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 Chemicals company?
The median Graham Number among Chemicals companies is 1.45, based on 1,155 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 Gosei Co's current Graham Number of $31.54 is 2075.2% 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 Gosei Co and its competitors. For the Chemicals industry, the median Graham Number is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Gosei Co's current Graham Number is $31.54, which is 1744% above median its own 10-year median of 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Gosei Co stock overvalued right now?
Toyo Gosei Co (TYGIF) has a current Graham Number of $31.54. The stock's GF Value™ is $20.11, compared to a current price of $32.74 — trading 62.8% above its estimated fair value. The current Graham Number is $31.54, which is 1744% above median its 10-year median of 1.71 and 2075.2% above the Chemicals industry median of 1.45. Toyo Gosei Co's overall GF Score™ is 77/100 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 Toyo Gosei Co (TYGIF), the current Graham Number is $31.54 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 Gosei Co (TYGIF) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Gosei Co stock appears to be overvalued. The current stock price of $32.74 is trading 62.8% above its estimated GF Value™ of $20.11.

Key valuation signals for TYGIF:

  • Graham Number: $31.54 (1744% above median its 10-year median of 1.71)
  • GF Value™: $20.11 vs. price of $32.74 (62.8% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 2075.2% above the Chemicals median (#852 of 1155)

No single metric tells the full story. See the TYGIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Gosei Co Business Description

Other Exchanges 4970:Japan
Address 1-22-16, Asakusabashi Taito-ku, Hulic Asakusabashi Building, 8th Floor, Tokyo, JPN, 111-0053
Toyo Gosei Co Ltd is divided into Photosensitive materials, Green chemical, Energy, Aroma Chemical, and Logistics. Photosensitive materials include manufacturing of photoresist-type materials vital to semiconductors, LCD displays, and plasma displays. Green chemical involves recycling, purification and separation of waste solvents, Energy includes manufacturing of ionic liquids and electrolytes for lithium ion secondary batteries and double layer capacitors. Aroma chemical comprises of manufacturing and sale of materials for the fragrance and flavoring industries and Logistics involves support from storage to transport of dangerous substance.
77GF Score

Get the complete analysis for TYGIF

Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.74
Price
$20.11
GF Value