Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
TBN PCLBKK:TBN +0.58%72 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates BKK:TBN with a GF Score™ of 72/100 and a GF Value™ of ฿6.37 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 872 Software companies, TBN PCL ranks worse than 98.51% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. TBN PCL's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of TBN Corp PCL is 4.87, which seems too high.
The historical rank and industry rank for TBN PCL's Dividend Payout Ratio or its related term are showing as below:
BKK:TBN'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.72 Med: 0.89 Max: 4.87
Current: 4.87
During the past 7 years, the highest Dividend Payout Ratio of TBN PCL was 4.87. The lowest was 0.72. And the median was 0.89.
BKK:TBN's Dividend Payout Ratio is ranked worse than 98.51% of 872
companies
in the Software industry
Industry Median: 0.41
vs BKK:TBN: 4.87
During the past 12 months, TBN PCL's average Dividends Per Share Growth Rate was 35.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
TBN PCL (BKK:TBN) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
TBN PCL Dividend Payout Ratio Related Terms
TBN PCL Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for TBN PCL's Dividend Payout 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.
BKK:TBN vs UBER, SHOP, CRM: Dividend Payout Ratio Comparison
For the Software - Application subindustry, TBN PCL's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout 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.
TBN PCL Dividend Payout Ratio vs Software Industry
For the Software industry and Technology sector, TBN PCL's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where TBN PCL's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
TBN PCL's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
TBN PCL (BKK:TBN) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on TBN PCL and its competitors. Over the past decade, TBN PCL's Dividend Payout Ratio has ranged from 0.72 to 4.87. According to the industry distribution chart, TBN PCL ranks #859 out of 872 companies in the Software industry, placing it in the top 98.5%.
Is TBN PCL's Dividend Payout Ratio too high?
TBN PCL's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 4.87. Based on the distribution chart, TBN PCL ranks #859 out of 872 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, TBN PCL has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TBN PCL's Dividend Payout Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, TBN PCL ranks #859 out of 872 companies for Dividend Payout Ratio. This places TBN PCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Historically, TBN PCL's own Dividend Payout Ratio has ranged from 0.72 to 4.87 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Software company?
The median Dividend Payout Ratio among Software companies is 0.41, based on 872 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on TBN PCL and its competitors. For the Software industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBN PCL's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBN PCL stock overvalued right now?
Based on GuruFocus' analysis, TBN PCL (BKK:TBN) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿6.37, compared to a current price of ฿3.48 — trading 45.4% below its estimated fair value. The current Dividend Payout Ratio is 0.00. TBN PCL's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For TBN PCL (BKK:TBN), the current Dividend Payout Ratio is 0.00 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 TBN PCL (BKK:TBN) Overvalued in 2026?
Based on GuruFocus' analysis, TBN PCL stock appears to be undervalued.
The current stock price of ฿3.48 is trading 45.4% below its estimated GF Value™ of ฿6.37.
GuruFocus considers TBN PCL to be Significantly Undervalued.
Key valuation signals for BKK:TBN:
Dividend Payout Ratio: 0.00
GF Value™: ฿6.37 vs. price of ฿3.48 (45.4% below fair value)
No single metric tells the full story. See the BKK:TBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBN Corp PCL is Thailand's first low-code solutions provider. The company is engaged in the business of sales and development of software, including consultation on software development. The Company's segments include Digital solutions and technical consultancy services and technical maintenance, licensing, and cloud services, and Other. It offers a range of digital system design and development services, is a digital transformation consultant and solutions developer based on customer needs.
72GF Score
Get the complete analysis for BKK:TBN
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TBN has been successfully added to your 
