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Bangkok Land PCL (BKK:BLAND) PB Ratio : 0.20 (As of Jun. 06, 2024)


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What is Bangkok Land PCL PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-06), Bangkok Land PCL's share price is ฿0.57. Bangkok Land PCL's Book Value per Share for the quarter that ended in Mar. 2024 was ฿2.78. Hence, Bangkok Land PCL's PB Ratio of today is 0.20.

Good Sign:

Bangkok Land PCL stock PB Ratio (=0.23) is close to 10-year low of 0.23

The historical rank and industry rank for Bangkok Land PCL's PB Ratio or its related term are showing as below:

BKK:BLAND' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.6   Max: 1.99
Current: 0.2

During the past 13 years, Bangkok Land PCL's highest PB Ratio was 1.99. The lowest was 0.20. And the median was 0.60.

BKK:BLAND's PB Ratio is ranked better than
90.65% of 1744 companies
in the Real Estate industry
Industry Median: 0.79 vs BKK:BLAND: 0.20

During the past 12 months, Bangkok Land PCL's average Book Value Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bangkok Land PCL was 16.70% per year. The lowest was -1.50% per year. And the median was 3.90% per year.

Back to Basics: PB Ratio


Bangkok Land PCL PB Ratio Historical Data

The historical data trend for Bangkok Land PCL's PB Ratio 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.

* Premium members only.

Bangkok Land PCL PB Ratio Chart

Bangkok Land PCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.46 0.40 0.38 0.25

Bangkok Land PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.31 0.30 0.27 0.25

Competitive Comparison of Bangkok Land PCL's PB Ratio

For the Real Estate - Diversified subindustry, Bangkok Land PCL's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Bangkok Land PCL's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bangkok Land PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Land PCL's PB Ratio falls into.



Bangkok Land PCL PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Bangkok Land PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=0.57/2.784
=0.20

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Bangkok Land PCL  (BKK:BLAND) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Bangkok Land PCL PB Ratio Related Terms

Thank you for viewing the detailed overview of Bangkok Land PCL's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bangkok Land PCL (BKK:BLAND) Business Description

Traded in Other Exchanges
N/A
Address
Popular 3 Road, Tambol Bannmai, Amphur Pakkred, 10th Floor, New Geneva Industry Condominium, 47/569 - 576 Moo 3, Nonthaburi, THA
Bangkok Land is a Thailand-based property holding company. The principal business of the Company and its subsidiaries comprise real estate development, exhibition and convention, food and beverage, investment in hotels, and education. The real estate, which is involved in developing residential and commercial properties for sale and rental; exhibition center, which provides a broad range of facilities and services for customers to hold activities and functions.

Bangkok Land PCL (BKK:BLAND) Headlines

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