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Filter Vision PCLBKK:FVC -3.03%41 Graham Number is ฿0.47 as of Mar. 2026, which is 100% below its 10-year median of 1.52. GuruFocus rates BKK:FVC with a GF Score™ of 41/100 and a GF Value™ of ฿0.47 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,199 Industrial Products companies, Filter Vision PCL ranks better than 87.86% 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 (2026-07-16), the stock price of Filter Vision PCL is ฿0.32. Filter Vision PCL's graham number for the quarter that ended in Mar. 2026 was ฿0.47. Therefore, Filter Vision PCL's Price to Graham Number ratio for today is 0.69.
The historical rank and industry rank for Filter Vision PCL's Graham Number or its related term are showing as below:
BKK:FVC'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.39 Med: 1.52 Max: 5.79
Current: 0.68
During the past 13 years, the highest Price to Graham Number ratio of Filter Vision PCL was 5.79. The lowest was 0.39. And the median was 1.52.
BKK:FVC's Price-to-Graham-Number is ranked better than 87.86% of 2199
companies
in the Industrial Products industry
Industry Median: 1.76
vs BKK:FVC: 0.68
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Filter Vision PCL (BKK:FVC) 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.
Filter Vision PCL's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
0.32
/
0.47
=
0.69
* 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.
Filter Vision PCL Graham Number Related Terms
Filter Vision PCL Graham Number Historical Data
* Premium members only.
The historical data trend for Filter Vision 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.
BKK:FVC vs VLTO, ZWS, CECO: Graham Number Comparison
For the Pollution & Treatment Controls subindustry, Filter Vision 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.
Filter Vision PCL Price-to-Graham-Number vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Filter Vision PCL's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Filter Vision PCL's Price-to-Graham-Number falls into.
* 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.
Filter Vision PCL (BKK:FVC) has a Graham Number of ฿0.47 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Filter Vision PCL and its competitors. This is 69% below median its historical median of 1.52. Over the past decade, Filter Vision PCL's Graham Number has ranged from 0.39 to 5.79. According to the industry distribution chart, Filter Vision PCL ranks #267 out of 2199 companies in the Industrial Products industry, placing it in the top 12.1%.
Is Filter Vision PCL's Graham Number too high?
Filter Vision PCL's current Graham Number of ฿0.47 is 69% below median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 5.79. Based on the distribution chart, Filter Vision PCL ranks #267 out of 2199 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Filter Vision PCL has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Filter Vision PCL's Graham Number compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Filter Vision PCL ranks #267 out of 2199 companies for Graham Number. This places Filter Vision PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.76. Historically, Filter Vision PCL's own Graham Number has ranged from 0.39 to 5.79 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 an Industrial Products company?
The median Graham Number among Industrial Products companies is 1.76, based on 2,199 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 Filter Vision PCL and its competitors. For the Industrial Products industry, the median Graham Number is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Filter Vision PCL's current Graham Number is ฿0.47, which is 69% below median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filter Vision PCL stock overvalued right now?
Based on GuruFocus' analysis, Filter Vision PCL (BKK:FVC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.47, compared to a current price of ฿0.32 — trading 31.9% below its estimated fair value. The current Graham Number is ฿0.47, which is 69% below median its 10-year median of 1.52. Filter Vision PCL's overall GF Score™ is 41/100 with 7 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 Filter Vision PCL (BKK:FVC), the current Graham Number is ฿0.47 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 Filter Vision PCL (BKK:FVC) Overvalued in 2026?
Based on GuruFocus' analysis, Filter Vision PCL stock appears to be undervalued.
The current stock price of ฿0.32 is trading 31.9% below its estimated GF Value™ of ฿0.47.
GuruFocus considers Filter Vision PCL to be Possible Value Trap.
Key valuation signals for BKK:FVC:
Graham Number: ฿0.47 (69% below median its 10-year median of 1.52)
GF Value™: ฿0.47 vs. price of ฿0.32 (31.9% below fair value)
No single metric tells the full story. See the BKK:FVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Filter Vision PCL is engaged in the pure water treatment business. It operates in Thailand and is involved in the distribution, design, assembly, and installation of the pure water treatment system and service preventive maintenance of the pure water treatment system. The group's reportable segments are Sales and services for pure water treatment system to industrial and original equipment manufacturing water system segment; Sales and services for pure water treatment system to commercial and residential segment; Industrial estate development and integrated infrastructure & utility services; and Sales and services for medical service segment. It derives maximum revenue from Sales and services for medical service segment.
41GF Score
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