Thai Airways International PCL (BKK:THAI-R) Book Value per Share: ฿3.13 (As of Mar. 2026)


BKK:THAI-R Thai Airways International PCL BKK:THAI-R
37 GF Score
Price ฿6.00
GF Value ฿0.33
! 4 Warning Signs
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What is Thai Airways International PCL Book Value per Share?

Thai Airways International PCL BKK:THAI-R 37 Book Value per Share is ฿3.13 as of Mar. 2026. GuruFocus rates BKK:THAI-R with a GF Score™ of 37/100 and a GF Value™ of ฿0.33. The stock has 4 warning signs investors should review.

Thai Airways International PCL's book value per share for the quarter that ended in Mar. 2026 was ฿3.13.

During the past 12 months, Thai Airways International PCL's average Book Value Per Share Growth Rate was 59.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Thai Airways International PCL was 30.50% per year. The lowest was -29.70% per year. And the median was -8.20% per year.

Thai Airways International PCL's current price is ฿6.00. Its book value per share for the quarter that ended in Mar. 2026 was ฿3.13. Hence, today's PB Ratio of Thai Airways International PCL is 1.92.

During the past 13 years, the highest P/B Ratio of Thai Airways International PCL was 6.92. The lowest was 0.58. And the median was 1.33.


Thai Airways International PCL  (BKK:THAI-R) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Thai Airways International PCL Book Value per Share Related Terms


Thai Airways International PCL Book Value per Share Historical Data

* Premium members only.

The historical data trend for Thai Airways International PCL's Book Value per Share 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.

Thai Airways International PCL Book Value per Share Chart

Thai Airways International PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.68 -32.57 -19.80 1.61 2.68

Thai Airways International PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 1.96 2.39 2.54 2.68 3.13

BKK:THAI-R vs DAL, UAL, LUV: Book Value per Share Comparison

For the Airlines subindustry, Thai Airways International 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 Airways International PCL PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Thai Airways International PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thai Airways International PCL's PB Ratio falls into.


BKK:THAI-R
37GF Score
Thai Airways International PCL BKK:THAI-R
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Airways International PCL Book Value per Share Calculation

Thai Airways International PCL's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(75,834-0)/28,303
=2.68

Thai Airways International PCL's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(88,529-0)/28,303
=3.13

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of ฿3.13 mean?
Thai Airways International PCL (BKK:THAI-R) has a Book Value per Share of ฿3.13 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Thai Airways International PCL and its competitors.
Is Thai Airways International PCL's Book Value per Share too high?
Thai Airways International PCL's current Book Value per Share is ฿3.13. Overall, Thai Airways International PCL has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Thai Airways International PCL's Book Value per Share compare to DAL and UAL?
Thai Airways International PCL's Book Value per Share of ฿3.13 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Transportation company?
A good Book Value per Share depends on the Transportation industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Thai Airways International PCL and its competitors. Thai Airways International PCL's current Book Value per Share is ฿3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Airways International PCL stock overvalued right now?
Thai Airways International PCL (BKK:THAI-R) has a current Book Value per Share of ฿3.13. The stock's GF Value™ is ฿0.33, compared to a current price of ฿6.00 — trading 1718.2% above its estimated fair value. The current Book Value per Share is ฿3.13. Thai Airways International PCL's overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Thai Airways International PCL (BKK:THAI-R), the current Book Value per Share is ฿3.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thai Airways International PCL (BKK:THAI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Airways International PCL stock appears to be overvalued. The current stock price of ฿6.00 is trading 1718.2% above its estimated GF Value™ of ฿0.33.

Key valuation signals for BKK:THAI-R:

  • Book Value per Share: ฿3.13
  • GF Value™: ฿0.33 vs. price of ฿6.00 (1718.2% above fair value)
  • GF Score™: 37/100 with 4 warning signs

No single metric tells the full story. See the BKK:THAI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Airways International PCL Business Description

Address 89 Vibhavadi Rangsit Road, Chom Phon, Chatuchak District, Bangkok, THA, 10900
Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company segments are Air Transport, Business Units, and Others. The air transport business focuses on the transportation of passengers, cargo, and mail, and utilizes scheduled and chartered flights to domestic and international destinations. The business units segment ensures all flights reach their destination on time and at the correct location, and offers support with cargo terminal handling, group equipment services, and catering services. The other segments include the sale of duty-free goods, the sale of souvenir products from the maintenance division, and the operation of subsidiaries. The majority of revenue originates from Asia from Air Transport.
37GF Score

Get the complete analysis for BKK:THAI-R

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿6.00
Price
฿0.33
GF Value