Grand Prix International PCL (BKK:GPI-R) Graham Number: ฿2.36 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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
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:GPI-R Grand Prix International PCL BKK:GPI-R
76 GF Score
Price ฿2.36
GF Value ฿1.54
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Grand Prix International PCL Graham Number?

Grand Prix International PCL BKK:GPI-R 76 Graham Number is ฿2.36 as of Jun. 2026. GuruFocus rates BKK:GPI-R with a GF Score™ of 76/100 and a GF Value™ of ฿1.54 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 490 Media - Diversified companies, Grand Prix International PCL ranks better than 72.45% 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 (2026-08-28), the stock price of Grand Prix International PCL is ฿2.36. Grand Prix International PCL's graham number for the quarter that ended in Jun. 2026 was ฿2.36. Therefore, Grand Prix International PCL's Price to Graham Number ratio for today is 1.00.

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

BKK:GPI-R' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.6   Med: 0.86   Max: 1.7
Current: 0.75

During the past 12 years, the highest Price to Graham Number ratio of Grand Prix International PCL was 1.70. The lowest was 0.60. And the median was 0.86.

BKK:GPI-R's Price-to-Graham-Number is ranked better than
72.45% of 490 companies
in the Media - Diversified industry
Industry Median: 1.135 vs BKK:GPI-R: 0.75

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


Grand Prix International PCL  (BKK:GPI-R) 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.

Grand Prix International PCL's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Jun. 2026 )
=2.36/2.36
=1.00

* 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.


Grand Prix International PCL Graham Number Related Terms


Grand Prix International PCL Graham Number Historical Data

* Premium members only.

The historical data trend for Grand Prix International 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.

Grand Prix International PCL Graham Number Chart

Grand Prix International 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 1.16 1.26 1.88 2.23 1.94

Grand Prix International PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.66 2.29 1.97 2.34 2.36

BKK:GPI-R vs APP, OMC, TTD: Graham Number Comparison

For the Advertising Agencies subindustry, Grand Prix International 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.


Grand Prix International PCL Price-to-Graham-Number vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Grand Prix International PCL's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Grand Prix International PCL's Price-to-Graham-Number falls into.


BKK:GPI-R
76GF Score
Grand Prix International PCL BKK:GPI-R
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Prix International PCL Graham Number Calculation

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

Grand Prix International 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*1.193*0.14)
=1.94

Grand Prix International PCL's Graham Number for the quarter that ended in Jun. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*1.497*0.165)
=2.36

* 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 ฿2.36 mean?
Grand Prix International PCL (BKK:GPI-R) has a Graham Number of ฿2.36 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Grand Prix International PCL and its competitors. According to the industry distribution chart, Grand Prix International PCL ranks #135 out of 490 companies in the Media - Diversified industry, placing it in the top 27.6%.
Is Grand Prix International PCL's Graham Number too high?
Grand Prix International PCL's current Graham Number is ฿2.36. Based on the distribution chart, Grand Prix International PCL ranks #135 out of 490 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Grand Prix International PCL has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Prix International PCL's Graham Number compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Grand Prix International PCL ranks #135 out of 490 companies for Graham Number. This puts Grand Prix International PCL in the upper half of its industry. The industry median Graham Number is 1.14. 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 Media - Diversified company?
The median Graham Number among Media - Diversified companies is 1.14, based on 490 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 Grand Prix International PCL and its competitors. For the Media - Diversified industry, the median Graham Number is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Prix International PCL's current Graham Number is ฿2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Prix International PCL stock overvalued right now?
Based on GuruFocus' analysis, Grand Prix International PCL (BKK:GPI-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.54, compared to a current price of ฿2.36 — trading 53.2% above its estimated fair value. The current Graham Number is ฿2.36. Grand Prix International PCL's overall GF Score™ is 76/100 with 2 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 Grand Prix International PCL (BKK:GPI-R), the current Graham Number is ฿2.36 as of Jun. 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 Grand Prix International PCL (BKK:GPI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Prix International PCL stock appears to be overvalued. The current stock price of ฿2.36 is trading 53.2% above its estimated GF Value™ of ฿1.54. GuruFocus considers Grand Prix International PCL to be Significantly Overvalued.

Key valuation signals for BKK:GPI-R:

  • Graham Number: ฿2.36
  • GF Value™: ฿1.54 vs. price of ฿2.36 (53.2% above fair value)
  • GF Score™: 76/100 with 2 warning signs

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


Grand Prix International PCL Business Description

Other Exchanges GPI:Thailand
Address Ladplaklao Road, No. 4/299, Moo 5, Soi Ladplaklao 66, Kwang Anusaovaree, Khet Bangkhen, Bangkok, THA, 10220
Grand Prix International PCL is engaged in providing space for motor shows, exhibitions, and automotive-related products and marketing promotion services, Advertising media in printing, television, and website, Production and distribution of books, Printing services, and Others. The business operation of the company is divided into segments, namely Activities Services, Media & Publishing, Printing Services, and the Other segment. The company derives a majority of its revenue from the Activities Services segment.
76GF Score

Get the complete analysis for BKK:GPI-R

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

฿2.36
Price
฿1.54
GF Value