We investigate gravitational effects on the so-called multiple point criticality principle (MPCP) at the Planck scale. The MPCP requires two degenerate vacua, whose necessary conditions are expressed by vanishing Higgs quartic coupling $��(M_{\rm Pl})=0$ and vanishing its $��$ function $��_��(M_{\rm Pl})=0$. We discuss a case that a specific form of gravitational corrections are assumed to contribute to $��$ functions of coupling constants although it is accepted that gravitational corrections do not alter the running of the standard model (SM) couplings. To satisfy the above two boundary conditions at the Planck scale, we find that the top pole mass and the Higgs mass should be $170.8\,{\rm GeV} \lesssim M_t\lesssim 171.7\,{\rm GeV}$ and $M_h=125.7\pm0.4\,{\rm GeV}$, respectively, as well as include suitable magnitude of gravitational effects (a coefficient of gravitational contribution as $|a_��| > 2$). In this case, however, since the Higgs quartic coupling $��$ becomes negative below the Planck scale, two vacua are not degenerate. We find that $M_h \gtrsim 131.5\,{\rm GeV}$ with $M_t \gtrsim 174\,{\rm GeV}$ is required by the realization of the MPCP. Therefore, the MPCP at the Planck scale cannot be realized in the SM and also the SM with gravity since $M_h \gtrsim 131.5\,{\rm GeV}$ is experimentally ruled out.

12 pages, 4 figures, version accepted for publication in PRD: typo corrected, references added