Thermon Group Holdings, Inc. (THR)

Electrical Industrial Apparatus

Latest Price

$61.14

TTM P/E

44.96

Normalized P/E

48.32

Div Yield

Book Value

16.44

P/B Ratio

3.72

Valuation metrics

EPS: $1.36

Book value / share: $16.39

Formula: √(22.5 × EPS × BVPS)

Graham Number

$22.40

63% downside

Norm. op. income: $55M (median of 7yr)

Tax rate: 30%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$9.69

84% downside

Base FCF: $48M (median of recent 5yr)

Growth: 1%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$16.85

72% downside

EPS: $1.36

Target P/E: 48×

Formula: EPS × P/E

P/E Fair Value

$65.28

+7% upside

0.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Nuveen, LLC	78.2K	$4.0M	0.24%	-350.0K	2026-06-30
IFP Advisors, Inc	6	--	0.00%	--	2026-06-30
HUNTINGTON NATIONAL BANK	1	--	0.00%	-143	2026-06-30