Asset Five Group PCL (BKK:A5) PB Ratio: 1.28 (As of Aug. 02, 2026) — 58% Below Median

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Founder & CEO of GuruFocus
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.

BKK:A5 Asset Five Group PCL BKK:A5
75 GF Score
Price ฿1.82
GF Value ฿1.98
Valuation Fairly Valued
! 7 Warning Signs
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What is Asset Five Group PCL PB Ratio?

Asset Five Group PCL BKK:A5 +1.11% 75 PB Ratio is 1.28 as of Aug. 02, 2026, which is 58% below its 10-year median of 3.06. GuruFocus rates BKK:A5 with a GF Score™ of 75/100 and a GF Value™ of ฿1.98 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,711 Real Estate companies, Asset Five Group PCL ranks worse than 68.85% on this metric.

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 (2026-08-02), Asset Five Group PCL's share price is ฿1.82. Asset Five Group PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿1.42. Hence, Asset Five Group PCL's PB Ratio of today is 1.28.

Good Sign:

Asset Five Group PCL stock PB Ratio (=1.28) is close to 10-year low of 1.28.

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

BKK:A5' s PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 3.06   Max: 1242.42
Current: 1.28

During the past 13 years, Asset Five Group PCL's highest PB Ratio was 1242.42. The lowest was 1.27. And the median was 3.06.

BKK:A5's PB Ratio is ranked worse than
68.85% of 1711 companies
in the Real Estate industry
Industry Median: 0.81 vs BKK:A5: 1.28

During the past 12 months, Asset Five Group PCL's average Book Value Per Share Growth Rate was -3.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asset Five Group PCL was 161.20% per year. The lowest was -56.50% per year. And the median was 15.40% per year.

Back to Basics: PB Ratio


Asset Five Group PCL  (BKK:A5) 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.


Asset Five Group PCL PB Ratio Related Terms


Asset Five Group PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Asset Five 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.

Asset Five Group PCL PB Ratio Chart

Asset Five Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 5.32 2.86 1.96 1.30

Asset Five Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.57 1.38 1.33 1.30 1.30

Asset Five Group PCL PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Asset Five 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.


Asset Five Group PCL PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Asset Five Group PCL's PB Ratio distribution charts can be found below:

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


BKK:A5
75GF Score
Asset Five Group PCL BKK:A5
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asset Five 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.82/1.418
=1.28

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.28 mean?
Asset Five Group PCL (BKK:A5) has a PB Ratio of 1.28 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asset Five Group PCL and its competitors. This is 58% below median its historical median of 3.06. Over the past decade, Asset Five Group PCL's PB Ratio has ranged from 1.27 to 1,242.42. According to the industry distribution chart, Asset Five Group PCL ranks #1178 out of 1711 companies in the Real Estate industry, placing it in the top 68.8%.
Is Asset Five Group PCL's PB Ratio too high?
Asset Five Group PCL's current PB Ratio of 1.28 is 58% below median its 10-year median of 3.06. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 1,242.42. The Real Estate industry median PB Ratio is 0.81. Asset Five Group PCL's value of 1.28 is 58% above this industry median. Based on the distribution chart, Asset Five Group PCL ranks #1178 out of 1711 companies in the Real Estate industry, which is below the industry midpoint. Overall, Asset Five Group PCL has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asset Five Group PCL's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Asset Five Group PCL ranks #1178 out of 1711 companies for PB Ratio. This places Asset Five Group PCL in the lower half of its industry. The industry median PB Ratio is 0.81. Asset Five Group PCL's value of 1.28 is 58% above this benchmark. Historically, Asset Five Group PCL's own PB Ratio has ranged from 1.27 to 1,242.42 over the past decade. While the company's 10-year median is 3.06 vs. the industry median of 0.81, Asset Five Group PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,711 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asset Five Group PCL's current PB Ratio of 1.28 is 58% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asset Five Group PCL and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asset Five Group PCL's current PB Ratio is 1.28, which is 58% below median its own 10-year median of 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Five Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Asset Five Group PCL (BKK:A5) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.98, compared to a current price of ฿1.82 — trading 8.1% below its estimated fair value. The current PB Ratio is 1.28, which is 58% below median its 10-year median of 3.06 and 58% above the Real Estate industry median of 0.81. Asset Five Group PCL's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Asset Five Group PCL (BKK:A5), the current PB Ratio is 1.28 as of Aug. 02, 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 Asset Five Group PCL (BKK:A5) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Five Group PCL stock appears to be undervalued. The current stock price of ฿1.82 is trading 8.1% below its estimated GF Value™ of ฿1.98. GuruFocus considers Asset Five Group PCL to be Fairly Valued.

Key valuation signals for BKK:A5:

  • PB Ratio: 1.28 (58% below median its 10-year median of 3.06)
  • GF Value™: ฿1.98 vs. price of ฿1.82 (8.1% below fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 58% above the Real Estate median (#1178 of 1711)

No single metric tells the full story. See the BKK:A5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asset Five Group PCL Business Description

Address Vibhavadi-Rangsit Road, 199 S-OASIS Building, 12th Floor, Unit No. 1210, 1211, 1212, Chomphol, Chatuchak, Bangkok, THA, 10900
Asset Five Group PCL operates as a holding company. The firm is engaged in real estate development. It generates revenue from the sales of houses and sales of condominiums, of which key revenue is derived from the sales of houses. The Group is involved virtually in real estate development for sales business, and to provide services related to the real estate development business for sale in the form of interior, decoration, and renovation contracts. The group's operations are located in Thailand.
75GF Score

Get the complete analysis for BKK:A5

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

฿1.82
Price
฿1.98
GF Value