Thrace Plastics Holding and Commercial (ATH:PLAT) Cyclically Adjusted PB Ratio: 0.95 (As of Jul. 11, 2026) — Near Median


ATH:PLAT Thrace Plastics Holding and Commercial SA ATH:PLAT
77 GF Score
Price €5.06
GF Value €4.46
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Thrace Plastics Holding and Commercial Cyclically Adjusted PB Ratio?

Thrace Plastics Holding and Commercial ATH:PLAT +2.33% 77 Cyclically Adjusted PB Ratio is 0.95 as of Jul. 11, 2026, which is 1% below its 10-year median of 0.96. GuruFocus rates ATH:PLAT with a GF Score™ of 77/100 and a GF Value™ of €4.46 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 877 Manufacturing - Apparel & Accessories companies, Thrace Plastics Holding and Commercial ranks better than 55.87% on this metric.

As of today (2026-07-11), Thrace Plastics Holding and Commercial's current share price is €5.06. Thrace Plastics Holding and Commercial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €5.35. Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio for today is 0.95.

The historical rank and industry rank for Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio or its related term are showing as below:

ATH:PLAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 0.96   Max: 2.41
Current: 0.87

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

ATH:PLAT's Cyclically Adjusted PB Ratio is ranked better than
55.87% of 877 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.01 vs ATH:PLAT: 0.87

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 adjusted book value per share data 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 €5.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thrace Plastics Holding and Commercial  (ATH:PLAT) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Thrace Plastics Holding and Commercial Cyclically Adjusted PB Ratio Related Terms


Thrace Plastics Holding and Commercial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

Thrace Plastics Holding and Commercial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.09 1.04 0.98 0.83 0.78

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 PB Ratio 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 0.83 0.76 0.78 0.78 0.69

ATH:PLAT vs AIN: Cyclically Adjusted PB Ratio 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
77GF Score
Thrace Plastics Holding and Commercial SA ATH:PLAT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thrace Plastics Holding and Commercial Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.06/5.35
=0.95

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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)
=6.482/124.8200*124.8200
=6.482

Current CPI (Mar. 2026) = 124.8200.

Thrace Plastics Holding and Commercial Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.761 100.121 3.442
201609 2.719 99.878 3.398
201612 2.759 100.110 3.440
201703 2.881 100.770 3.569
201706 2.838 101.138 3.503
201709 3.020 100.882 3.737
201712 3.089 100.762 3.827
201803 3.192 100.534 3.963
201806 3.259 102.121 3.983
201809 3.343 101.982 4.092
201812 3.177 101.330 3.913
201903 3.133 101.482 3.853
201906 3.197 101.837 3.919
201909 3.185 101.906 3.901
201912 3.278 102.120 4.007
202003 3.384 101.479 4.162
202006 3.398 100.239 4.231
202009 3.701 99.886 4.625
202012 3.976 99.751 4.975
202103 4.758 99.817 5.950
202106 5.140 101.270 6.335
202109 5.652 102.095 6.910
202112 5.753 104.853 6.849
202203 5.978 108.651 6.868
202206 5.831 113.517 6.412
202209 6.055 114.371 6.608
202212 6.135 112.428 6.811
202303 6.367 113.620 6.995
202306 6.257 115.515 6.761
202309 6.417 116.234 6.891
202312 6.350 116.364 6.811
202403 6.433 117.285 6.846
202406 6.308 118.129 6.665
202409 6.418 119.650 6.695
202412 6.305 119.360 6.593
202503 6.316 120.133 6.562
202506 6.205 121.399 6.380
202509 6.291 121.950 6.439
202512 6.348 122.450 6.471
202603 6.482 124.820 6.482

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

What does a Cyclically Adjusted PB Ratio of 0.95 mean?
Thrace Plastics Holding and Commercial (ATH:PLAT) has a Cyclically Adjusted PB Ratio of 0.95 as of Jul. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a 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. This is near median its historical median of 0.96. Over the past decade, Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio has ranged from 0.70 to 2.41. According to the industry distribution chart, Thrace Plastics Holding and Commercial ranks #387 out of 877 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.1%.
Is Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio too high?
Thrace Plastics Holding and Commercial's current Cyclically Adjusted PB Ratio of 0.95 is near median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.41. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 1.01. Thrace Plastics Holding and Commercial's value of 0.95 is 5.9% below this industry median. Based on the distribution chart, Thrace Plastics Holding and Commercial ranks #387 out of 877 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Thrace Plastics Holding and Commercial has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thrace Plastics Holding and Commercial's Cyclically Adjusted PB Ratio compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thrace Plastics Holding and Commercial ranks #387 out of 877 companies for Cyclically Adjusted PB Ratio. This puts Thrace Plastics Holding and Commercial in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.01. Thrace Plastics Holding and Commercial's value of 0.95 is 5.9% below this benchmark. Historically, Thrace Plastics Holding and Commercial's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 2.41 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 1.01, Thrace Plastics Holding and Commercial has consistently been below 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 Cyclically Adjusted PB Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 1.01, based on 877 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thrace Plastics Holding and Commercial's current Cyclically Adjusted PB Ratio of 0.95 is 5.9% below 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a 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. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thrace Plastics Holding and Commercial's current Cyclically Adjusted PB Ratio is 0.95, which is near median its own 10-year median of 0.96. 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 Modestly Overvalued. The stock's GF Value™ is €4.46, compared to a current price of €5.06 — trading 13.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is near median its 10-year median of 0.96 and 5.9% below the Manufacturing - Apparel & Accessories industry median of 1.01. Thrace Plastics Holding and Commercial's overall GF Score™ is 77/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Thrace Plastics Holding and Commercial (ATH:PLAT), the current Cyclically Adjusted PB Ratio is 0.95 as of Jul. 11, 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 €5.06 is trading 13.5% above its estimated GF Value™ of €4.46. GuruFocus considers Thrace Plastics Holding and Commercial to be Modestly Overvalued.

Key valuation signals for ATH:PLAT:

  • Cyclically Adjusted PB Ratio: 0.95 (near median its 10-year median of 0.96)
  • GF Value™: €4.46 vs. price of €5.06 (13.5% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 5.9% below the Manufacturing - Apparel & Accessories median (#387 of 877)

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.
77GF Score

Get the complete analysis for ATH:PLAT

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

€5.06
Price
€4.46
GF Value