Thai Rung Union Car PCL (BKK:TRU) PB Ratio : 0.59 (As of May. 21, 2024)

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What is Thai Rung Union Car 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 (2024-05-21), Thai Rung Union Car PCL's share price is ฿3.28. Thai Rung Union Car PCL's Book Value per Share for the quarter that ended in Mar. 2024 was ฿5.54. Hence, Thai Rung Union Car PCL's PB Ratio of today is 0.59.

Good Sign:

Thai Rung Union Car PCL stock PB Ratio (=0.59) is close to 10-year low of 0.59

The historical rank and industry rank for Thai Rung Union Car PCL's PB Ratio or its related term are showing as below:

BKK:TRU' s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 0.85 Max: 1.96
Current: 0.59

During the past 13 years, Thai Rung Union Car PCL's highest PB Ratio was 1.96. The lowest was 0.59. And the median was 0.85.

BKK:TRU's PB Ratio is ranked better than
81.65% of 1248 companies
in the Vehicles & Parts industry
Industry Median: 1.485 vs BKK:TRU: 0.59

During the past 12 months, Thai Rung Union Car PCL's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% 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 Thai Rung Union Car PCL was 10.40% per year. The lowest was -4.60% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio

Thai Rung Union Car PCL PB Ratio Historical Data

The historical data trend for Thai Rung Union Car 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.

Thai Rung Union Car PCL PB Ratio Chart

Thai Rung Union Car PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.73

0.69

0.88

1.06

0.62

Thai Rung Union Car PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.06	1.01	0.68	0.62	0.62

Competitive Comparison of Thai Rung Union Car PCL's PB Ratio

For the Auto Parts subindustry, Thai Rung Union Car 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.

Thai Rung Union Car PCL's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Rung Union Car PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thai Rung Union Car PCL's PB Ratio falls into.

Thai Rung Union Car 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.

Thai Rung Union Car PCL's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	3.28	/	5.535
	=	0.59

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Thai Rung Union Car PCL (BKK:TRU) 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.

Thai Rung Union Car PCL PB Ratio Related Terms

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Thai Rung Union Car PCL (BKK:TRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thai Rung Union Car PCL (BKK:TRU) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

304, Marcharoen Road, Khwaeng Nongkangploo, Khet Nongkaem, Bangkok, THA, 10160

Website

http://www.thairung.co.th

Thai Rung Union Car PCL is engaged in car assembly and modification, and the manufacture and distribution of parts and molds. It operates in the segments of Car assembly and other related car services; Manufacture of equipment for the production of car accessories (comprising the manufacture of molds and jigs and manufacture and sales of car accessories and spare parts), which is the key revenue generating segment; and Sales of cars, and a car service centre business.