UUICF (United Urban Investment) Graham Number: $946.30 (As of May. 2026) — 78107% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

UUICF United Urban Investment Corp UUICF
66 GF Score
Price $1,177.83
GF Value $1,247.86
! 4 Warning Signs
View Full Analysis

What is United Urban Investment Graham Number?

United Urban Investment UUICF +17.95% 66 Graham Number is $946.30 as of May. 2026, which is 78107% above its 10-year median of 1.21. GuruFocus rates UUICF with a GF Score™ of 66/100 and a GF Value™ of $1,247.86. The stock has 4 warning signs investors should review. Among 731 REITs companies, United Urban Investment ranks worse than 73.19% 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 (2026-07-25), the stock price of United Urban Investment is $1177.8304. United Urban Investment's graham number for the quarter that ended in May. 2026 was $946.30. Therefore, United Urban Investment's Price to Graham Number ratio for today is 1.24.

The historical rank and industry rank for United Urban Investment's Graham Number or its related term are showing as below:

UUICF' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.88   Med: 1.21   Max: 1.54
Current: 1.08

During the past 13 years, the highest Price to Graham Number ratio of United Urban Investment was 1.54. The lowest was 0.88. And the median was 1.21.

UUICF's Price-to-Graham-Number is ranked worse than
73.19% of 731 companies
in the REITs industry
Industry Median: 0.74 vs UUICF: 1.08

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


United Urban Investment  (OTCPK:UUICF) 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.

United Urban Investment's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: May. 2026 )
=1177.8304/946.30
=1.24

* 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.


United Urban Investment Graham Number Related Terms


United Urban Investment Graham Number Historical Data

* Premium members only.

The historical data trend for United Urban Investment'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.

United Urban Investment Graham Number Chart

United Urban Investment Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,039.45 880.82 863.56 911.41 907.02

United Urban Investment Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
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 862.91 908.44 968.96 922.94 946.30

UUICF vs VICI, WPC: Graham Number Comparison

For the REIT - Diversified subindustry, United Urban Investment'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.


United Urban Investment Price-to-Graham-Number vs REITs Industry

For the REITs industry and Real Estate sector, United Urban Investment's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where United Urban Investment's Price-to-Graham-Number falls into.


UUICF
66GF Score
United Urban Investment Corp UUICF
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Urban Investment Graham Number Calculation

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

United Urban Investment's Graham Number for the fiscal year that ended in Nov. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*734.362*49.79)
=907.02

United Urban Investment's Graham Number for the quarter that ended in May. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*739.922*53.789)
=946.30

* 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 $946.30 mean?
United Urban Investment (UUICF) has a Graham Number of $946.30 as of May. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on United Urban Investment and its competitors. This is 78107% above median its historical median of 1.21. Over the past decade, United Urban Investment's Graham Number has ranged from 0.88 to 1.54. According to the industry distribution chart, United Urban Investment ranks #535 out of 731 companies in the REITs industry, placing it in the top 73.2%.
Is United Urban Investment's Graham Number too high?
United Urban Investment's current Graham Number of $946.30 is 78107% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 1.54. The REITs industry median Graham Number is 0.74. United Urban Investment's value of $946.30 is 127778.4% above this industry median. Based on the distribution chart, United Urban Investment ranks #535 out of 731 companies in the REITs industry, which is below the industry midpoint. Overall, United Urban Investment has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does United Urban Investment's Graham Number compare to VICI and WPC?
According to the REITs industry distribution chart, United Urban Investment ranks #535 out of 731 companies for Graham Number. This places United Urban Investment in the lower half of its industry. The industry median Graham Number is 0.74. United Urban Investment's value of $946.30 is 127778.4% above this benchmark. Historically, United Urban Investment's own Graham Number has ranged from 0.88 to 1.54 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 0.74, United Urban Investment 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 REITs company?
The median Graham Number among REITs companies is 0.74, based on 731 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. United Urban Investment's current Graham Number of $946.30 is 127778.4% 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 United Urban Investment and its competitors. For the REITs industry, the median Graham Number is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Urban Investment's current Graham Number is $946.30, which is 78107% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Urban Investment stock overvalued right now?
United Urban Investment (UUICF) has a current Graham Number of $946.30. The stock's GF Value™ is $1,247.86, compared to a current price of $1,177.83 — trading 5.6% below its estimated fair value. The current Graham Number is $946.30, which is 78107% above median its 10-year median of 1.21 and 127778.4% above the REITs industry median of 0.74. United Urban Investment's overall GF Score™ is 66/100 with 4 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 United Urban Investment (UUICF), the current Graham Number is $946.30 as of May. 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 United Urban Investment (UUICF) Overvalued in 2026?

Based on GuruFocus' analysis, United Urban Investment stock appears to be undervalued. The current stock price of $1,177.83 is trading 5.6% below its estimated GF Value™ of $1,247.86.

Key valuation signals for UUICF:

  • Graham Number: $946.30 (78107% above median its 10-year median of 1.21)
  • GF Value™: $1,247.86 vs. price of $1,177.83 (5.6% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 127778.4% above the REITs median (#535 of 731)

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


United Urban Investment Business Description

Industry Real EstateREITs
Other Exchanges 8960:Japan
Address 4-3-1 Toranomon, Shiroyama Trust Tower 18Floor, Minato-ku, Tokyo, JPN, 105-6018
United Urban Investment Corp is a real estate investment trust. The company invests in real estates such as retail properties, office buildings, hotels, residential properties and others. The company's primary objective is to secure steady earnings over the medium to long term through investment in varied both in types of use and geographical location. The company invests in real estates located in the Tokyo metropolitan area and other cities in Japan including government-designated cities, and surrounding areas thereof.
66GF Score

Get the complete analysis for UUICF

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

$1,177.83
Price
$1,247.86
GF Value