Wattana Karnpaet PCL (BKK:NEW) Graham Number: ฿69.66 (As of Mar. 2026) — 4771% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BKK:NEW Wattana Karnpaet PCL BKK:NEW
77 GF Score
Price ฿95.00
GF Value ฿96.68
Valuation Fairly Valued
! 1 Warning Sign
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What is Wattana Karnpaet PCL Graham Number?

Wattana Karnpaet PCL BKK:NEW 77 Graham Number is ฿69.66 as of Mar. 2026, which is 100% below its 10-year median of 1.43. GuruFocus rates BKK:NEW with a GF Score™ of 77/100 and a GF Value™ of ฿96.68 (Fairly Valued). The stock has 1 warning sign investors should review. Among 371 Healthcare Providers & Services companies, Wattana Karnpaet PCL ranks better than 61.73% 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 (2026-08-10), the stock price of Wattana Karnpaet PCL is ฿95.00. Wattana Karnpaet PCL's graham number for the quarter that ended in Mar. 2026 was ฿69.66. Therefore, Wattana Karnpaet PCL's Price to Graham Number ratio for today is 1.36.

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

BKK:NEW' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.63   Med: 1.43   Max: 5.3
Current: 1.36

During the past 13 years, the highest Price to Graham Number ratio of Wattana Karnpaet PCL was 5.30. The lowest was 0.63. And the median was 1.43.

BKK:NEW's Price-to-Graham-Number is ranked better than
61.73% of 371 companies
in the Healthcare Providers & Services industry
Industry Median: 1.64 vs BKK:NEW: 1.36

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


Wattana Karnpaet PCL  (BKK:NEW) 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.

Wattana Karnpaet PCL's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=95.00/69.66
=1.36

* 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.


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.


Wattana Karnpaet PCL Graham Number Related Terms


Wattana Karnpaet PCL Graham Number Historical Data

* Premium members only.

The historical data trend for Wattana Karnpaet 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.

Wattana Karnpaet PCL Graham Number Chart

Wattana Karnpaet 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 26.89 102.18 77.95 70.26 67.73

Wattana Karnpaet 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 67.29 68.46 71.55 67.73 69.66

BKK:NEW vs HCA, THC, DVA: Graham Number Comparison

For the Medical Care Facilities subindustry, Wattana Karnpaet 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.


Wattana Karnpaet PCL Price-to-Graham-Number vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Wattana Karnpaet PCL's Price-to-Graham-Number distribution charts can be found below:

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


BKK:NEW
77GF Score
Wattana Karnpaet PCL BKK:NEW
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wattana Karnpaet PCL Graham Number Calculation

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

Wattana Karnpaet 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*52.27*3.9)
=67.73

Wattana Karnpaet 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*52.986*4.07)
=69.66

* 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 ฿69.66 mean?
Wattana Karnpaet PCL (BKK:NEW) has a Graham Number of ฿69.66 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Wattana Karnpaet PCL and its competitors. This is 4771% above median its historical median of 1.43. Over the past decade, Wattana Karnpaet PCL's Graham Number has ranged from 0.63 to 5.30. According to the industry distribution chart, Wattana Karnpaet PCL ranks #142 out of 371 companies in the Healthcare Providers & Services industry, placing it in the top 38.3%.
Is Wattana Karnpaet PCL's Graham Number too high?
Wattana Karnpaet PCL's current Graham Number of ฿69.66 is 4771% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 5.30. Based on the distribution chart, Wattana Karnpaet PCL ranks #142 out of 371 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Wattana Karnpaet PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wattana Karnpaet PCL's Graham Number compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Wattana Karnpaet PCL ranks #142 out of 371 companies for Graham Number. This puts Wattana Karnpaet PCL in the upper half of its industry. The industry median Graham Number is 1.64. Historically, Wattana Karnpaet PCL's own Graham Number has ranged from 0.63 to 5.30 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 Healthcare Providers & Services company?
The median Graham Number among Healthcare Providers & Services companies is 1.64, based on 371 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 Wattana Karnpaet PCL and its competitors. For the Healthcare Providers & Services industry, the median Graham Number is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wattana Karnpaet PCL's current Graham Number is ฿69.66, which is 4771% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wattana Karnpaet PCL stock overvalued right now?
Based on GuruFocus' analysis, Wattana Karnpaet PCL (BKK:NEW) is currently considered Fairly Valued. The stock's GF Value™ is ฿96.68, compared to a current price of ฿95.00 — trading 1.7% below its estimated fair value. The current Graham Number is ฿69.66, which is 4771% above median its 10-year median of 1.43. Wattana Karnpaet PCL's overall GF Score™ is 77/100 with 1 warning sign 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 Wattana Karnpaet PCL (BKK:NEW), the current Graham Number is ฿69.66 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 Wattana Karnpaet PCL (BKK:NEW) Overvalued in 2026?

Based on GuruFocus' analysis, Wattana Karnpaet PCL stock appears to be undervalued. The current stock price of ฿95.00 is trading 1.7% below its estimated GF Value™ of ฿96.68. GuruFocus considers Wattana Karnpaet PCL to be Fairly Valued.

Key valuation signals for BKK:NEW:

  • Graham Number: ฿69.66 (4771% above median its 10-year median of 1.43)
  • GF Value™: ฿96.68 vs. price of ฿95.00 (1.7% below fair value)
  • GF Score™: 77/100 with 1 warning sign

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


Wattana Karnpaet PCL Business Description

Address 70/7-8 Suphakitjanya Road, Mhakkang sub-district, Muang Udonthanee district, Udonthanee, THA, 41000
Wattana Karnpaet PCL is engaged in the operation of a hospital under the name North Eastern Wattana Hospital. It has a single segment of operation, namely the hospital and medical trading business. The company earns revenue from hospital, revenue from sales of medicines, and revenue from hospital rooms, which are derived from the provision of services to various types and a large number of customers. Geographically, the company's operations are carried out in Thailand.
77GF Score

Get the complete analysis for BKK:NEW

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

฿95.00
Price
฿96.68
GF Value