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.
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.
Atlanta PolandWAR:ATP 79 Graham Number is zł36.86 as of Mar. 2026, which is 100% below its 10-year median of 0.46. GuruFocus rates WAR:ATP with a GF Score™ of 79/100 and a GF Value™ of zł20.90 (Fairly Valued). The stock has 1 warning sign investors should review. Among 237 Retail - Defensive companies, Atlanta Poland ranks better than 89.45% 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 (2026-07-30), the stock price of Atlanta Poland is zł20.00. Atlanta Poland's graham number for the quarter that ended in Mar. 2026 was zł36.86. Therefore, Atlanta Poland's Price to Graham Number ratio for today is 0.54.
The historical rank and industry rank for Atlanta Poland's Graham Number or its related term are showing as below:
WAR:ATP'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.19 Med: 0.46 Max: 1.33
Current: 0.54
During the past 13 years, the highest Price to Graham Number ratio of Atlanta Poland was 1.33. The lowest was 0.19. And the median was 0.46.
WAR:ATP's Price-to-Graham-Number is ranked better than 89.45% of 237
companies
in the Retail - Defensive industry
Industry Median: 1.27
vs WAR:ATP: 0.54
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Atlanta Poland (WAR:ATP) 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.
Atlanta Poland's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Mar. 2026 )
=
20.00
/
36.86
=
0.54
* 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.
Atlanta Poland Graham Number Related Terms
Atlanta Poland Graham Number Historical Data
* Premium members only.
The historical data trend for Atlanta Poland'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.
WAR:ATP vs SYY, USFD, PFGC: Graham Number Comparison
For the Food Distribution subindustry, Atlanta Poland'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.
Atlanta Poland Price-to-Graham-Number vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Atlanta Poland's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Atlanta Poland'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.
Atlanta Poland (WAR:ATP) has a Graham Number of zł36.86 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Atlanta Poland and its competitors. This is 7913% above median its historical median of 0.46. Over the past decade, Atlanta Poland's Graham Number has ranged from 0.19 to 1.33. According to the industry distribution chart, Atlanta Poland ranks #25 out of 237 companies in the Retail - Defensive industry, placing it in the top 10.5%.
Is Atlanta Poland's Graham Number too high?
Atlanta Poland's current Graham Number of zł36.86 is 7913% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.33. Based on the distribution chart, Atlanta Poland ranks #25 out of 237 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Atlanta Poland has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atlanta Poland's Graham Number compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Atlanta Poland ranks #25 out of 237 companies for Graham Number. This places Atlanta Poland in the top 11% of its industry — outperforming the majority of peers. The industry median Graham Number is 1.27. Historically, Atlanta Poland's own Graham Number has ranged from 0.19 to 1.33 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 Retail - Defensive company?
The median Graham Number among Retail - Defensive companies is 1.27, based on 237 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 Atlanta Poland and its competitors. For the Retail - Defensive industry, the median Graham Number is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlanta Poland's current Graham Number is zł36.86, which is 7913% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlanta Poland stock overvalued right now?
Based on GuruFocus' analysis, Atlanta Poland (WAR:ATP) is currently considered Fairly Valued. The stock's GF Value™ is zł20.90, compared to a current price of zł20.00 — trading 4.3% below its estimated fair value. The current Graham Number is zł36.86, which is 7913% above median its 10-year median of 0.46. Atlanta Poland's overall GF Score™ is 79/100 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 Atlanta Poland (WAR:ATP), the current Graham Number is zł36.86 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 Atlanta Poland (WAR:ATP) Overvalued in 2026?
Based on GuruFocus' analysis, Atlanta Poland stock appears to be undervalued.
The current stock price of zł20.00 is trading 4.3% below its estimated GF Value™ of zł20.90.
GuruFocus considers Atlanta Poland to be Fairly Valued.
Key valuation signals for WAR:ATP:
Graham Number: zł36.86 (7913% above median its 10-year median of 0.46)
GF Value™: zł20.90 vs. price of zł20.00 (4.3% below fair value)
No single metric tells the full story. See the WAR:ATP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlanta Poland SA is an importer and wholesaler of nuts and dried fruit. It is used by confectionery and bakery industries. The company products include nuts, dried fruits, and grains and seeds. Its brands include Bakal, Bakal Sport and others.
79GF Score
Get the complete analysis for WAR:ATP
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:ATP has been successfully added to your 
