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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.
WAR:KPD's Price-to-Graham-Number is not ranked *
in the Forest Products industry.
Industry Median: 0.9 * 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.
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego (WAR:KPD) 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.
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
17.80
/
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.
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Graham Number Related Terms
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Graham Number Historical Data
* 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.
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Graham Number Chart
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Annual Data
WAR:KPD vs SSD, UFPI, BCC: Graham Number Comparison
For the Lumber & Wood Production subindustry, Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego'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.
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Price-to-Graham-Number vs Forest Products Industry
* 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.
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego (WAR:KPD) has a Graham Number of złN/A as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego and its competitors. Over the past decade, Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego's Graham Number has ranged from 0.24 to 0.65. According to the industry distribution chart, Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego ranks #999999 out of 171 companies in the Forest Products industry.
Is Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego's Graham Number too high?
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego's current Graham Number is złN/A. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.65. Based on the distribution chart, Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego ranks #999999 out of 171 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego's Graham Number compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego ranks #999999 out of 171 companies for Graham Number. This places Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego in the lower half of its industry. The industry median Graham Number is 0.90. Historically, Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego's own Graham Number has ranged from 0.24 to 0.65 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 Forest Products company?
The median Graham Number among Forest Products companies is 0.90, based on 171 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 Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego and its competitors. For the Forest Products industry, the median Graham Number is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego's current Graham Number is złN/A. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego stock overvalued right now?
Based on GuruFocus' analysis, Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego (WAR:KPD) is currently considered Possible Value Trap. The stock's GF Value™ is zł41.35, compared to a current price of zł17.80 — trading 57% below its estimated fair value. The current Graham Number is złN/A. Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego's overall GF Score™ is 46/100 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 Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego (WAR:KPD), the current Graham Number is złN/A as of Dec. 2025. 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 Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego (WAR:KPD) Overvalued in 2026?
Based on GuruFocus' analysis, Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego stock appears to be undervalued.
The current stock price of zł17.80 is trading 57% below its estimated GF Value™ of zł41.35.
GuruFocus considers Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego to be Possible Value Trap.
Key valuation signals for WAR:KPD:
Graham Number: złN/A
GF Value™: zł41.35 vs. price of zł17.80 (57% below fair value)
No single metric tells the full story. See the WAR:KPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego Business Description
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego SA is Poland based company active in the wood processing sector. Its products portfolio includes softwood and hardwood timber, construction timber, covering and terrace boards, sleepers, and wooden garden products.
46GF Score
Get the complete analysis for WAR:KPD
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