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Bangkok Commercial Property Fund (BKK:BKKCP) PB Ratio : 0.66 (As of May. 26, 2024)


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What is Bangkok Commercial Property Fund 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 (2024-05-26), Bangkok Commercial Property Fund's share price is ฿9.20. Bangkok Commercial Property Fund's Book Value per Share for the quarter that ended in Mar. 2024 was ฿13.84. Hence, Bangkok Commercial Property Fund's PB Ratio of today is 0.66.

Good Sign:

Bangkok Commercial Property Fund stock PB Ratio (=0.66) is close to 10-year low of 0.65

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

BKK:BKKCP' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.82   Max: 1.04
Current: 0.66

During the past 13 years, Bangkok Commercial Property Fund's highest PB Ratio was 1.04. The lowest was 0.65. And the median was 0.82.

BKK:BKKCP's PB Ratio is ranked better than
70.08% of 849 companies
in the REITs industry
Industry Median: 0.83 vs BKK:BKKCP: 0.66

During the past 12 months, Bangkok Commercial Property Fund's average Book Value Per Share Growth Rate was -0.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bangkok Commercial Property Fund was 3.60% per year. The lowest was -0.20% per year. And the median was 0.65% per year.

Back to Basics: PB Ratio


Bangkok Commercial Property Fund PB Ratio Historical Data

The historical data trend for Bangkok Commercial Property Fund'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 Commercial Property Fund PB Ratio Chart

Bangkok Commercial Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.85 0.78 0.74 0.69

Bangkok Commercial Property Fund 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 0.75 0.75 0.72 0.69 0.65

Competitive Comparison of Bangkok Commercial Property Fund's PB Ratio

For the REIT - Office subindustry, Bangkok Commercial Property Fund'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 Commercial Property Fund's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Bangkok Commercial Property Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bangkok Commercial Property Fund's PB Ratio falls into.



Bangkok Commercial Property Fund 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 Commercial Property Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=9.20/13.839
=0.66

* 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 Commercial Property Fund  (BKK:BKKCP) 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 Commercial Property Fund PB Ratio Related Terms

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


Bangkok Commercial Property Fund (BKK:BKKCP) Business Description

Traded in Other Exchanges
N/A
Address
9 Rama 1 Road, 989 Siam Piwat Tower, 24th Floor, Patumwan, Bangkok, THA, 10330
Bangkok Commercial Property Fund is a closed-end fund investing in property and property lease rights. The primary objective of the fund is to maintain an appropriate capital structure in order to provide returns for unitholders in accordance with the fund's establishment objective. The company invests in properties such as office suites and commercial apartments in Charn Issara Tower and Charn Issara Tower II. Geographically it operates through the region of Thailand.

Bangkok Commercial Property Fund (BKK:BKKCP) Headlines

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