Millcon Steel PCL (BKK:MILL-R) Graham Number: ฿N/A (As of Sep. 2025)


What is Millcon Steel PCL Graham Number?

Millcon Steel PCL BKK:MILL-R Graham Number is ฿N/A as of Sep. 2025. The stock has 8 warning signs investors should review. Among 422 Steel companies, Millcon Steel PCL ranks worse than 236966.59% 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 (2026-07-01), the stock price of Millcon Steel PCL is ฿0.06. Millcon Steel PCL's graham number for the quarter that ended in Sep. 2025 was ฿N/A. Therefore, Millcon Steel PCL's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Millcon Steel 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 Millcon Steel PCL was 5.56. The lowest was 0.76. And the median was 1.22.

BKK:MILL-R's Price-to-Graham-Number is not ranked *
in the Steel industry.
Industry Median: 0.95
* 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.


Millcon Steel PCL  (BKK:MILL-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.

Millcon Steel PCL's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Sep. 2025 )
=0.06/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.


Millcon Steel PCL Graham Number Related Terms


Millcon Steel PCL Graham Number Historical Data

* Premium members only.

The historical data trend for Millcon Steel 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.

Millcon Steel PCL Graham Number Chart

Millcon Steel PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.00 0.00 0.00

Millcon Steel PCL Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25
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:MILL-R vs NUE, STLD, RS: Graham Number Comparison

For the Steel subindustry, Millcon Steel 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.


Millcon Steel PCL Price-to-Graham-Number vs Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's Price-to-Graham-Number distribution charts can be found below:

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



Millcon Steel PCL Graham Number Calculation

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

Millcon Steel PCL's Graham Number for the fiscal year that ended in Dec. 2023 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*0.989*-0.144)
=N/A

Millcon Steel PCL's Graham Number for the quarter that ended in Sep. 2025 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-0.032*-0.072)
=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?
Millcon Steel PCL (BKK:MILL-R) has a Graham Number of ฿N/A as of Sep. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Millcon Steel PCL and its competitors. Over the past decade, Millcon Steel PCL's Graham Number has ranged from 0.76 to 5.56. According to the industry distribution chart, Millcon Steel PCL ranks #999999 out of 422 companies in the Steel industry.
Is Millcon Steel PCL's Graham Number too high?
Millcon Steel PCL's current Graham Number is ฿N/A. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 5.56. Based on the distribution chart, Millcon Steel PCL ranks #999999 out of 422 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Millcon Steel PCL's Graham Number compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #999999 out of 422 companies for Graham Number. This places Millcon Steel PCL in the lower half of its industry. The industry median Graham Number is 0.95. Historically, Millcon Steel PCL's own Graham Number has ranged from 0.76 to 5.56 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 Steel company?
The median Graham Number among Steel companies is 0.95, based on 422 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 Millcon Steel PCL and its competitors. For the Steel industry, the median Graham Number is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millcon Steel 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 Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Graham Number of ฿N/A. The current Graham Number is ฿N/A. 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 Millcon Steel PCL (BKK:MILL-R), the current Graham Number is ฿N/A as of Sep. 2025. 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.

Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.