Thrace Plastics Holding and Commercial (ATH:PLAT) Graham Number: €8.61 (As of Mar. 2026) — 1494% Above Median


ATH:PLAT Thrace Plastics Holding and Commercial SA ATH:PLAT
76 GF Score
Price €5.06
GF Value €4.46
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Thrace Plastics Holding and Commercial Graham Number?

Thrace Plastics Holding and Commercial ATH:PLAT +2.33% 76 Graham Number is €8.61 as of Mar. 2026, which is 100% below its 10-year median of 0.54. GuruFocus rates ATH:PLAT with a GF Score™ of 76/100 and a GF Value™ of €4.46 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 709 Manufacturing - Apparel & Accessories companies, Thrace Plastics Holding and Commercial ranks better than 74.75% 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 (2026-07-12), the stock price of Thrace Plastics Holding and Commercial is €5.06. Thrace Plastics Holding and Commercial's graham number for the quarter that ended in Mar. 2026 was €8.61. Therefore, Thrace Plastics Holding and Commercial's Price to Graham Number ratio for today is 0.59.

The historical rank and industry rank for Thrace Plastics Holding and Commercial's Graham Number or its related term are showing as below:

ATH:PLAT' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.35   Med: 0.54   Max: 0.81
Current: 0.59

During the past 13 years, the highest Price to Graham Number ratio of Thrace Plastics Holding and Commercial was 0.81. The lowest was 0.35. And the median was 0.54.

ATH:PLAT's Price-to-Graham-Number is ranked better than
74.75% of 709 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.02 vs ATH:PLAT: 0.59

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


Thrace Plastics Holding and Commercial  (ATH:PLAT) 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.

Thrace Plastics Holding and Commercial's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=5.06/8.61
=0.59

* 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.


Thrace Plastics Holding and Commercial Graham Number Related Terms


Thrace Plastics Holding and Commercial Graham Number Historical Data

* Premium members only.

The historical data trend for Thrace Plastics Holding and Commercial'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.

Thrace Plastics Holding and Commercial Graham Number Chart

Thrace Plastics Holding and Commercial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.83 8.99 7.53 5.75 7.73

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
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 4.96 5.88 6.23 7.77 8.61

ATH:PLAT vs AIN: Graham Number Comparison

For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial'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.


Thrace Plastics Holding and Commercial Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Thrace Plastics Holding and Commercial's Price-to-Graham-Number falls into.


ATH:PLAT
76GF Score
Thrace Plastics Holding and Commercial SA ATH:PLAT
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thrace Plastics Holding and Commercial Graham Number Calculation

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

Thrace Plastics Holding and Commercial's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*6.078*0.437)
=7.73

Thrace Plastics Holding and Commercial'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*6.037*0.546)
=8.61

* 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 €8.61 mean?
Thrace Plastics Holding and Commercial (ATH:PLAT) has a Graham Number of €8.61 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Thrace Plastics Holding and Commercial and its competitors. This is 1494% above median its historical median of 0.54. Over the past decade, Thrace Plastics Holding and Commercial's Graham Number has ranged from 0.35 to 0.81. According to the industry distribution chart, Thrace Plastics Holding and Commercial ranks #179 out of 709 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.2%.
Is Thrace Plastics Holding and Commercial's Graham Number too high?
Thrace Plastics Holding and Commercial's current Graham Number of €8.61 is 1494% above median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.81. Based on the distribution chart, Thrace Plastics Holding and Commercial ranks #179 out of 709 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Thrace Plastics Holding and Commercial has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thrace Plastics Holding and Commercial's Graham Number compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thrace Plastics Holding and Commercial ranks #179 out of 709 companies for Graham Number. This puts Thrace Plastics Holding and Commercial in the upper half of its industry. The industry median Graham Number is 1.02. Historically, Thrace Plastics Holding and Commercial's own Graham Number has ranged from 0.35 to 0.81 over the past decade. 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 Manufacturing - Apparel & Accessories company?
The median Graham Number among Manufacturing - Apparel & Accessories companies is 1.02, based on 709 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. 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 Thrace Plastics Holding and Commercial and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thrace Plastics Holding and Commercial's current Graham Number is €8.61, which is 1494% above median its own 10-year median of 0.54. 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 Graham Number is €8.61, which is 1494% above median its 10-year median of 0.54. Thrace Plastics Holding and Commercial's overall GF Score™ is 76/100 with 12 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 Thrace Plastics Holding and Commercial (ATH:PLAT), the current Graham Number is €8.61 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 €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:

  • Graham Number: €8.61 (1494% above median its 10-year median of 0.54)
  • GF Value™: €4.46 vs. price of €5.06 (13.5% above fair value)
  • GF Score™: 76/100 with 12 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.
76GF Score

Get the complete analysis for ATH:PLAT

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

€5.06
Price
€4.46
GF Value