PCC Rokita (FRA:229) Graham Number: €14.04 (As of Mar. 2026) — 1633% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

FRA:229 PCC Rokita SA FRA:229
81 GF Score
Price €15.66
GF Value €15.16
Valuation Fairly Valued
! 8 Warning Signs
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What is PCC Rokita Graham Number?

PCC Rokita FRA:229 +2.35% 81 Graham Number is €14.04 as of Mar. 2026, which is 100% below its 10-year median of 0.81. GuruFocus rates FRA:229 with a GF Score™ of 81/100 and a GF Value™ of €15.16 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,159 Chemicals companies, PCC Rokita ranks better than 62.38% 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 (2026-08-05), the stock price of PCC Rokita is €15.66. PCC Rokita's graham number for the quarter that ended in Mar. 2026 was €14.04. Therefore, PCC Rokita's Price to Graham Number ratio for today is 1.12.

The historical rank and industry rank for PCC Rokita's Graham Number or its related term are showing as below:

FRA:229' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.39   Med: 0.81   Max: 1.18
Current: 1.14

During the past 13 years, the highest Price to Graham Number ratio of PCC Rokita was 1.18. The lowest was 0.39. And the median was 0.81.

FRA:229's Price-to-Graham-Number is ranked better than
62.38% of 1159 companies
in the Chemicals industry
Industry Median: 1.48 vs FRA:229: 1.14

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


PCC Rokita  (FRA:229) 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.

PCC Rokita's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=15.66/14.04
=1.12

* 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.


PCC Rokita Graham Number Related Terms


PCC Rokita Graham Number Historical Data

* Premium members only.

The historical data trend for PCC Rokita'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.

PCC Rokita Graham Number Chart

PCC Rokita 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 35.32 53.11 31.53 23.22 15.23

PCC Rokita 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 22.16 19.13 23.15 15.23 14.04

FRA:229 vs DOW: Graham Number Comparison

For the Chemicals subindustry, PCC Rokita'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.


PCC Rokita Price-to-Graham-Number vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PCC Rokita's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where PCC Rokita's Price-to-Graham-Number falls into.


FRA:229
81GF Score
PCC Rokita SA FRA:229
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PCC Rokita Graham Number Calculation

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

PCC Rokita'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*14.219*0.725)
=15.23

PCC Rokita'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*13.8*0.635)
=14.04

* 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 €14.04 mean?
PCC Rokita (FRA:229) has a Graham Number of €14.04 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on PCC Rokita and its competitors. This is 1633% above median its historical median of 0.81. Over the past decade, PCC Rokita's Graham Number has ranged from 0.39 to 1.18. According to the industry distribution chart, PCC Rokita ranks #436 out of 1159 companies in the Chemicals industry, placing it in the top 37.6%.
Is PCC Rokita's Graham Number too high?
PCC Rokita's current Graham Number of €14.04 is 1633% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.18. Based on the distribution chart, PCC Rokita ranks #436 out of 1159 companies in the Chemicals industry, which is above the industry midpoint. Overall, PCC Rokita has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PCC Rokita's Graham Number compare to DOW?
According to the Chemicals industry distribution chart, PCC Rokita ranks #436 out of 1159 companies for Graham Number. This puts PCC Rokita in the upper half of its industry. The industry median Graham Number is 1.48. Historically, PCC Rokita's own Graham Number has ranged from 0.39 to 1.18 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 Chemicals company?
The median Graham Number among Chemicals companies is 1.48, based on 1,159 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 PCC Rokita and its competitors. For the Chemicals industry, the median Graham Number is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PCC Rokita's current Graham Number is €14.04, which is 1633% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCC Rokita stock overvalued right now?
Based on GuruFocus' analysis, PCC Rokita (FRA:229) is currently considered Fairly Valued. The stock's GF Value™ is €15.16, compared to a current price of €15.66 — trading 3.3% above its estimated fair value. The current Graham Number is €14.04, which is 1633% above median its 10-year median of 0.81. PCC Rokita's overall GF Score™ is 81/100 with 8 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 PCC Rokita (FRA:229), the current Graham Number is €14.04 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 PCC Rokita (FRA:229) Overvalued in 2026?

Based on GuruFocus' analysis, PCC Rokita stock appears to be overvalued. The current stock price of €15.66 is trading 3.3% above its estimated GF Value™ of €15.16. GuruFocus considers PCC Rokita to be Fairly Valued.

Key valuation signals for FRA:229:

  • Graham Number: €14.04 (1633% above median its 10-year median of 0.81)
  • GF Value™: €15.16 vs. price of €15.66 (3.3% above fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the FRA:229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PCC Rokita Business Description

Other Exchanges PCR:Poland
Address ul. Sienkiewicza 4, Brzeg Dolny, POL, 56-120
PCC Rokita SA is engaged in manufacturing chemicals. Its products include Polyols, Chloralkali, Chlorobenzene, Phosphorus derivatives, and Naphthalene derivatives. It serves adhesives, agrochemicals, building and construction, case, detergents, fire prevention, food and fuel industry, furniture, I&I cleaning, lubricants and functional fluids, metallurgical, mining and drilling, oilfield, paints and coatings, personal care, pharmaceuticals, plastics, power, printing ink, pulp and paper, raw materials and intermediates, refrigeration and household appliances, sports and recreation, tanning and textile, transportation, and water and wastewater treatment industries.
81GF Score

Get the complete analysis for FRA:229

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

€15.66
Price
€15.16
GF Value