Thrace Plastics Holding and Commercial (ATH:PLAT) Cyclically Adjusted Book per Share: €5.25 (As of Mar. 2026)


ATH:PLAT Thrace Plastics Holding and Commercial SA ATH:PLAT
74 GF Score
Price €4.60
GF Value €4.44
Valuation Fairly Valued
! 8 Warning Signs
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What is Thrace Plastics Holding and Commercial Cyclically Adjusted Book per Share?

Thrace Plastics Holding and Commercial ATH:PLAT -0.86% 74 Cyclically Adjusted Book per Share is €5.25 as of Mar. 2026. GuruFocus rates ATH:PLAT with a GF Score™ of 74/100 and a GF Value™ of €4.44 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Thrace Plastics Holding and Commercial's adjusted book value per share for the three months ended in Mar. 2026 was €6.482. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €5.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Thrace Plastics Holding and Commercial's average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Thrace Plastics Holding and Commercial was 13.00% per year. The lowest was 10.70% per year. And the median was 11.85% per year.

As of today (2026-06-28), Thrace Plastics Holding and Commercial's current stock price is €4.60. Thrace Plastics Holding and Commercial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €5.25. Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thrace Plastics Holding and Commercial was 2.41. The lowest was 0.70. And the median was 0.96.


Thrace Plastics Holding and Commercial  (ATH:PLAT) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.60/5.25
=0.88

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Thrace Plastics Holding and Commercial was 2.41. The lowest was 0.70. And the median was 0.96.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Thrace Plastics Holding and Commercial Cyclically Adjusted Book per Share Related Terms


Thrace Plastics Holding and Commercial Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Thrace Plastics Holding and Commercial's Cyclically Adjusted Book per Share 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.

Thrace Plastics Holding and Commercial Cyclically Adjusted Book per Share Chart

Thrace Plastics Holding and Commercial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 3.81 4.29 4.75 5.17

Thrace Plastics Holding and Commercial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 4.86 4.98 5.08 5.17 5.25

ATH:PLAT vs AIN: Cyclically Adjusted Book per Share Comparison

For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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.


Thrace Plastics Holding and Commercial Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio falls into.


ATH:PLAT
74GF Score
Thrace Plastics Holding and Commercial SA ATH:PLAT
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thrace Plastics Holding and Commercial Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Thrace Plastics Holding and Commercial's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.482/122.4494*122.4494
=6.482

Current CPI (Mar. 2026) = 122.4494.

Thrace Plastics Holding and Commercial Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.761 100.121 3.377
201609 2.719 99.878 3.333
201612 2.759 100.110 3.375
201703 2.881 100.770 3.501
201706 2.838 101.138 3.436
201709 3.020 100.882 3.666
201712 3.089 100.762 3.754
201803 3.192 100.534 3.888
201806 3.259 102.121 3.908
201809 3.343 101.982 4.014
201812 3.177 101.330 3.839
201903 3.133 101.482 3.780
201906 3.197 101.837 3.844
201909 3.185 101.906 3.827
201912 3.278 102.120 3.931
202003 3.384 101.479 4.083
202006 3.398 100.239 4.151
202009 3.701 99.886 4.537
202012 3.976 99.751 4.881
202103 4.758 99.817 5.837
202106 5.140 101.270 6.215
202109 5.652 102.095 6.779
202112 5.753 104.853 6.718
202203 5.978 108.651 6.737
202206 5.831 113.517 6.290
202209 6.055 114.371 6.483
202212 6.135 112.428 6.682
202303 6.367 113.620 6.862
202306 6.257 115.515 6.633
202309 6.417 116.234 6.760
202312 6.350 116.364 6.682
202403 6.433 117.285 6.716
202406 6.308 118.129 6.539
202409 6.418 119.650 6.568
202412 6.305 119.360 6.468
202503 6.316 120.133 6.438
202506 6.205 121.399 6.259
202509 6.291 121.946 6.317
202512 6.348 122.449 6.348
202603 6.482 122.449 6.482

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €5.25 mean?
Thrace Plastics Holding and Commercial (ATH:PLAT) has a Cyclically Adjusted Book per Share of €5.25 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Thrace Plastics Holding and Commercial and its competitors.
Is Thrace Plastics Holding and Commercial's Cyclically Adjusted Book per Share too high?
Thrace Plastics Holding and Commercial's current Cyclically Adjusted Book per Share is €5.25. Overall, Thrace Plastics Holding and Commercial has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thrace Plastics Holding and Commercial's Cyclically Adjusted Book per Share compare to AIN?
Thrace Plastics Holding and Commercial's Cyclically Adjusted Book per Share of €5.25 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted Book per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Thrace Plastics Holding and Commercial and its competitors. Thrace Plastics Holding and Commercial's current Cyclically Adjusted Book per Share is €5.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thrace Plastics Holding and Commercial stock overvalued right now?
Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial (ATH:PLAT) is currently considered Fairly Valued. The stock's GF Value™ is €4.44, compared to a current price of €4.60 — trading 3.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is €5.25. Thrace Plastics Holding and Commercial's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Thrace Plastics Holding and Commercial (ATH:PLAT), the current Cyclically Adjusted Book per Share is €5.25 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 Thrace Plastics Holding and Commercial (ATH:PLAT) Overvalued in 2026?

Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial stock appears to be overvalued. The current stock price of €4.60 is trading 3.6% above its estimated GF Value™ of €4.44. GuruFocus considers Thrace Plastics Holding and Commercial to be Fairly Valued.

Key valuation signals for ATH:PLAT:

  • Cyclically Adjusted Book per Share: €5.25
  • GF Value™: €4.44 vs. price of €4.60 (3.6% above fair value)
  • GF Score™: 74/100 with 8 warning signs

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


Thrace Plastics Holding and Commercial Business Description

Other Exchanges TP3:Germany
Address 20 Marinou Antypa Street, Alimos, Attica, Athens, GRC, 17455
Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Other, that includes agriculture sector. Geographically, the company generates majority of its revenue from European Union Countries.
74GF Score

Get the complete analysis for ATH:PLAT

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.60
Price
€4.44
GF Value