CPL Group PCL (BKK:CPL) Graham Number: ฿N/A (As of Mar. 2026)

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Vera Yuan
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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.
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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.

BKK:CPL CPL Group PCL BKK:CPL
51 GF Score
Price ฿0.68
GF Value ฿1.14
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is CPL Group PCL Graham Number?

CPL Group PCL BKK:CPL 51 Graham Number is ฿N/A as of Mar. 2026. GuruFocus rates BKK:CPL with a GF Score™ of 51/100 and a GF Value™ of ฿1.14 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 712 Manufacturing - Apparel & Accessories companies, CPL Group PCL ranks worse than 140449.3% 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 (2026-07-27), the stock price of CPL Group PCL is ฿0.68. CPL Group PCL's graham number for the quarter that ended in Mar. 2026 was ฿N/A. Therefore, CPL Group PCL's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for CPL Group PCL's Graham Number or its related term are showing as below:

During the past 13 years, the highest Price to Graham Number ratio of CPL Group PCL was 1.97. The lowest was 0.61. And the median was 0.94.

BKK:CPL's Price-to-Graham-Number is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.01
* Ranked among companies with meaningful Price-to-Graham-Number only.

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


CPL Group PCL  (BKK:CPL) 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.

CPL Group PCL's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=0.68/N/A
=N/A

* 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.


CPL Group PCL Graham Number Related Terms


CPL Group PCL Graham Number Historical Data

* Premium members only.

The historical data trend for CPL Group PCL'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.

CPL Group PCL Graham Number Chart

CPL Group PCL 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 3.39 1.51 0.00 0.00 0.00

CPL Group PCL 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 0.00 0.00 0.00 0.00 0.00

BKK:CPL vs NKE, DECK, ONON: Graham Number Comparison

For the Footwear & Accessories subindustry, CPL Group PCL'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.


CPL Group PCL Price-to-Graham-Number vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CPL Group PCL's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where CPL Group PCL's Price-to-Graham-Number falls into.


BKK:CPL
51GF Score
CPL Group PCL BKK:CPL
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CPL Group PCL Graham Number Calculation

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

CPL Group PCL'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*1.329*-0.255)
=N/A

CPL Group PCL'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*1.347*-0.234)
=N/A

* 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 ฿N/A mean?
CPL Group PCL (BKK:CPL) has a Graham Number of ฿N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on CPL Group PCL and its competitors. Over the past decade, CPL Group PCL's Graham Number has ranged from 0.61 to 1.97. According to the industry distribution chart, CPL Group PCL ranks #999999 out of 712 companies in the Manufacturing - Apparel & Accessories industry.
Is CPL Group PCL's Graham Number too high?
CPL Group PCL's current Graham Number is ฿N/A. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.97. Based on the distribution chart, CPL Group PCL ranks #999999 out of 712 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, CPL Group PCL has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CPL Group PCL's Graham Number compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, CPL Group PCL ranks #999999 out of 712 companies for Graham Number. This places CPL Group PCL in the lower half of its industry. The industry median Graham Number is 1.01. Historically, CPL Group PCL's own Graham Number has ranged from 0.61 to 1.97 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 1.01, based on 712 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 CPL Group PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Graham Number is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CPL Group PCL's current Graham Number is ฿N/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CPL Group PCL stock overvalued right now?
Based on GuruFocus' analysis, CPL Group PCL (BKK:CPL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.14, compared to a current price of ฿0.68 — trading 40.4% below its estimated fair value. The current Graham Number is ฿N/A. CPL Group PCL's overall GF Score™ is 51/100 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 CPL Group PCL (BKK:CPL), the current Graham Number is ฿N/A 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 CPL Group PCL (BKK:CPL) Overvalued in 2026?

Based on GuruFocus' analysis, CPL Group PCL stock appears to be undervalued. The current stock price of ฿0.68 is trading 40.4% below its estimated GF Value™ of ฿1.14. GuruFocus considers CPL Group PCL to be Possible Value Trap.

Key valuation signals for BKK:CPL:

  • Graham Number: ฿N/A
  • GF Value™: ฿1.14 vs. price of ฿0.68 (40.4% below fair value)
  • GF Score™: 51/100 with 4 warning signs

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


CPL Group PCL Business Description

Address 700 Moo 6 Sukhumvit Road, Bangpoo-Mai, Mueang Samutprakan, Samutprakarn, THA, 10280
CPL Group PCL engages in the businesses of manufacturing and distribution of leather products, rendering of tanning service and manufacturing and distribution of personal protective equipment. Its product ranges from aniline leather, pigmented leather, oiled leather, waterproof leather, thru to split suede and finished splits. The company's segments include Tannery industry segment which has revenue from sales of finished leather products and rendering service of tanning and the Personal protective equipment segment, which has revenue from sales of personal protective equipment products. It derives revenue from Finished leather segment.
51GF Score

Get the complete analysis for BKK:CPL

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

฿0.68
Price
฿1.14
GF Value