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Qualipoly ChemicalTPE:4722 -0.23%63 Graham Number is NT$33.48 as of Mar. 2026, which is 100% below its 10-year median of 0.81. GuruFocus rates TPE:4722 with a GF Score™ of 63/100 and a GF Value™ of NT$45.87 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,167 Chemicals companies, Qualipoly Chemical ranks worse than 92.97% 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 (2026-08-12), the stock price of Qualipoly Chemical is NT$210.00. Qualipoly Chemical's graham number for the quarter that ended in Mar. 2026 was NT$33.48. Therefore, Qualipoly Chemical's Price to Graham Number ratio for today is 6.27.
The historical rank and industry rank for Qualipoly Chemical's Graham Number or its related term are showing as below:
TPE:4722'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.66 Med: 0.81 Max: 6.93
Current: 6.42
During the past 13 years, the highest Price to Graham Number ratio of Qualipoly Chemical was 6.93. The lowest was 0.66. And the median was 0.81.
TPE:4722's Price-to-Graham-Number is ranked worse than 92.97% of 1167
companies
in the Chemicals industry
Industry Median: 1.5
vs TPE:4722: 6.42
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Qualipoly Chemical (TPE:4722) 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.
Qualipoly Chemical's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
210.00
/
33.48
=
6.27
* 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.
Qualipoly Chemical Graham Number Related Terms
Qualipoly Chemical Graham Number Historical Data
* Premium members only.
The historical data trend for Qualipoly Chemical'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.
TPE:4722 vs LIN, SHW, ECL: Graham Number Comparison
For the Specialty Chemicals subindustry, Qualipoly Chemical'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.
Qualipoly Chemical Price-to-Graham-Number vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Qualipoly Chemical's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Qualipoly Chemical'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.
Qualipoly Chemical (TPE:4722) has a Graham Number of NT$33.48 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Qualipoly Chemical and its competitors. This is 4033% above median its historical median of 0.81. Over the past decade, Qualipoly Chemical's Graham Number has ranged from 0.66 to 6.93. According to the industry distribution chart, Qualipoly Chemical ranks #1085 out of 1167 companies in the Chemicals industry, placing it in the top 93%.
Is Qualipoly Chemical's Graham Number too high?
Qualipoly Chemical's current Graham Number of NT$33.48 is 4033% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 6.93. Based on the distribution chart, Qualipoly Chemical ranks #1085 out of 1167 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Qualipoly Chemical has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualipoly Chemical's Graham Number compare to LIN and SHW?
According to the Chemicals industry distribution chart, Qualipoly Chemical ranks #1085 out of 1167 companies for Graham Number. This places Qualipoly Chemical in the lower half of its industry. The industry median Graham Number is 1.50. Historically, Qualipoly Chemical's own Graham Number has ranged from 0.66 to 6.93 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 1.50, based on 1,167 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 Qualipoly Chemical and its competitors. For the Chemicals industry, the median Graham Number is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualipoly Chemical's current Graham Number is NT$33.48, which is 4033% 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 Qualipoly Chemical stock overvalued right now?
Based on GuruFocus' analysis, Qualipoly Chemical (TPE:4722) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$45.87, compared to a current price of NT$210.00 — trading 357.8% above its estimated fair value. The current Graham Number is NT$33.48, which is 4033% above median its 10-year median of 0.81. Qualipoly Chemical's overall GF Score™ is 63/100 with 10 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 Qualipoly Chemical (TPE:4722), the current Graham Number is NT$33.48 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 Qualipoly Chemical (TPE:4722) Overvalued in 2026?
Based on GuruFocus' analysis, Qualipoly Chemical stock appears to be overvalued.
The current stock price of NT$210.00 is trading 357.8% above its estimated GF Value™ of NT$45.87.
GuruFocus considers Qualipoly Chemical to be Significantly Overvalued.
Key valuation signals for TPE:4722:
Graham Number: NT$33.48 (4033% above median its 10-year median of 0.81)
GF Value™: NT$45.87 vs. price of NT$210.00 (357.8% above fair value)
No single metric tells the full story. See the TPE:4722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qualipoly Chemical Corp is a manufacturer of composite resin products. The company manufactures and sells UV curable materials, unsaturated polyester resins (UP resins), and synthetic resins with various usages, etc. The company products include UV curable material, which is the fine chemical, which are broadly adopted in high-tech industries or new applications in traditional industries, offering a comprehensive product line for UV curing products, including monomers, oligomers, additives, varnishes; The UP resins are fundamental industrial products to manufacture FRP, Gelcoat, Casting products such as yachts, tanks, artificial marble, etc; Coating Resins are mainly used to protect surfaces while adding an aesthetic impression and Others are Foundry Resins, Insulating Varnish, and others.
63GF Score
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