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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 (2026-07-18), the stock price of Grupa Azoty is €4.24. Grupa Azoty's graham number for the quarter that ended in Mar. 2026 was €N/A. Therefore, Grupa Azoty's Price to Graham Number ratio for today is N/A.
The historical rank and industry rank for Grupa Azoty's Graham Number or its related term are showing as below:
During the past 13 years, the highest Price to Graham Number ratio of Grupa Azoty was 1.12. The lowest was 0.18. And the median was 0.54.
FRA:5PL's Price-to-Graham-Number is not ranked *
in the Agriculture industry.
Industry Median: 1.1 * 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.
Grupa Azoty (FRA:5PL) 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.
Grupa Azoty's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
4.24
/
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.
Grupa Azoty Graham Number Related Terms
Grupa Azoty Graham Number Historical Data
* Premium members only.
The historical data trend for Grupa Azoty'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.
FRA:5PL vs CTVA, CF, MOS: Graham Number Comparison
For the Agricultural Inputs subindustry, Grupa Azoty'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.
Grupa Azoty Price-to-Graham-Number vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Grupa Azoty's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Grupa Azoty'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.
Grupa Azoty (FRA:5PL) has a Graham Number of €N/A as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Grupa Azoty and its competitors. Over the past decade, Grupa Azoty's Graham Number has ranged from 0.18 to 1.12. According to the industry distribution chart, Grupa Azoty ranks #999999 out of 191 companies in the Agriculture industry.
Is Grupa Azoty's Graham Number too high?
Grupa Azoty's current Graham Number is €N/A. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.12. Based on the distribution chart, Grupa Azoty ranks #999999 out of 191 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Grupa Azoty has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupa Azoty's Graham Number compare to CTVA and CF?
According to the Agriculture industry distribution chart, Grupa Azoty ranks #999999 out of 191 companies for Graham Number. This places Grupa Azoty in the lower half of its industry. The industry median Graham Number is 1.10. Historically, Grupa Azoty's own Graham Number has ranged from 0.18 to 1.12 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 Agriculture company?
The median Graham Number among Agriculture companies is 1.10, based on 191 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 Grupa Azoty and its competitors. For the Agriculture industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupa Azoty'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 Grupa Azoty stock overvalued right now?
Based on GuruFocus' analysis, Grupa Azoty (FRA:5PL) is currently considered Fairly Valued. The stock's GF Value™ is €4.42, compared to a current price of €4.24 — trading 4.1% below its estimated fair value. The current Graham Number is €N/A. Grupa Azoty's overall GF Score™ is 67/100 with 6 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 Grupa Azoty (FRA:5PL), the current Graham Number is €N/A 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 Grupa Azoty (FRA:5PL) Overvalued in 2026?
Based on GuruFocus' analysis, Grupa Azoty stock appears to be undervalued.
The current stock price of €4.24 is trading 4.1% below its estimated GF Value™ of €4.42.
GuruFocus considers Grupa Azoty to be Fairly Valued.
Key valuation signals for FRA:5PL:
Graham Number: €N/A
GF Value™: €4.42 vs. price of €4.24 (4.1% below fair value)
No single metric tells the full story. See the FRA:5PL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grupa Azoty SA is a holding company, which through its subsidiaries, produces and sells chemicals, plastics, fertilizers, titanium, and extracts sulfur products. The firm organizes itself into five segments based on the product type. The Agro fertilizer segment, which generates the majority of revenue, sells fertilizers and agrochemicals. The Plastics segment sells a variety of plastic products to the automotive, construction, food, and textile industries. The Energy segment produces and sells electricity. The Chemicals segment sells oxo alcohols and other chemicals and its other segment comprises activities such as laboratory services, property rental, and other activities.
67GF Score
Get the complete analysis for FRA:5PL
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