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Vanachai Group PCL (BKK:VNG) PB Ratio : 0.81 (As of May. 06, 2024)


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What is Vanachai Group 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 (2024-05-06), Vanachai Group PCL's share price is ฿3.40. Vanachai Group PCL's Book Value per Share for the quarter that ended in Dec. 2023 was ฿4.18. Hence, Vanachai Group PCL's PB Ratio of today is 0.81.

Good Sign:

Vanachai Group PCL stock PB Ratio (=0.81) is close to 3-year low of 0.81

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

BKK:VNG' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.51   Max: 3.65
Current: 0.81

During the past 13 years, Vanachai Group PCL's highest PB Ratio was 3.65. The lowest was 0.51. And the median was 1.51.

BKK:VNG's PB Ratio is ranked better than
58.66% of 283 companies
in the Forest Products industry
Industry Median: 0.97 vs BKK:VNG: 0.81

During the past 12 months, Vanachai Group PCL's average Book Value Per Share Growth Rate was -2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vanachai Group PCL was 11.40% per year. The lowest was -13.20% per year. And the median was 3.70% per year.

Back to Basics: PB Ratio


Vanachai Group PCL PB Ratio Historical Data

The historical data trend for Vanachai Group 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.

Vanachai Group PCL PB Ratio Chart

Vanachai Group PCL 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 0.97 0.92 1.84 1.34 0.89

Vanachai Group PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.34 1.20 0.98 0.90 0.89

Competitive Comparison of Vanachai Group PCL's PB Ratio

For the Lumber & Wood Production subindustry, Vanachai Group 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.


Vanachai Group PCL's PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vanachai Group PCL's PB Ratio falls into.



Vanachai Group 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.

Vanachai Group PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.40/4.177
=0.81

* 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.


Vanachai Group PCL  (BKK:VNG) 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.


Vanachai Group PCL PB Ratio Related Terms

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


Vanachai Group PCL (BKK:VNG) Business Description

Traded in Other Exchanges
N/A
Address
2/1 Wongsawang Road, Wongsawang, Bangsue, Bangkok, THA, 10800
Vanachai Group PCL is a building materials company that manufactures and distributes wood-based products. The company's primary products include board panels, particle boards, and wood substitutes. The company creates wood-based goods such as particleboards, medium density fiberboards (MDF boards), Doorskin and melamine laminated particleboards, which are distributed to both domestic and international markets. Vanachai also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.

Vanachai Group PCL (BKK:VNG) Headlines