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AJ Advance Technology PCLBKK:AJA 22 PB Ratio is 1.35 as of Aug. 14, 2026, which is 8% below its 10-year median of 1.46. GuruFocus rates BKK:AJA with a GF Score™ of 22/100 and a GF Value™ of ฿0.10 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,418 Hardware companies, AJ Advance Technology PCL ranks better than 70.64% on this metric.
AJ Advance Technology PCL stock PB Ratio (=1.35) is close to 1-year low of 1.25.
The historical rank and industry rank for AJ Advance Technology PCL's PB Ratio or its related term are showing as below:
BKK:AJA'
s PB Ratio Range Over the Past 10 Years
Min: 0.65 Med: 1.46 Max: 6.78
Current: 1.35
During the past 13 years, AJ Advance Technology PCL's highest PB Ratio was 6.78. The lowest was 0.65. And the median was 1.46.
BKK:AJA's PB Ratio is ranked better than 70.64% of 2418
companies
in the Hardware industry
Industry Median: 2.365
vs BKK:AJA: 1.35
During the past 12 months, AJ Advance Technology PCL's average Book Value Per Share Growth Rate was -23.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -11.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -11.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AJ Advance Technology PCL was 38.70% per year. The lowest was -20.60% per year. And the median was -7.80% per year.
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.
AJ Advance Technology PCL PB Ratio Related Terms
AJ Advance Technology PCL PB Ratio Historical Data
* 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.
For the Electronics & Computer Distribution subindustry, AJ Advance Technology 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.
AJ Advance Technology PCL PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, AJ Advance Technology PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where AJ Advance Technology PCL's PB Ratio falls into.
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.
* 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.
AJ Advance Technology PCL (BKK:AJA) has a PB Ratio of 1.35 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AJ Advance Technology PCL and its competitors. This is near median its historical median of 1.46. Over the past decade, AJ Advance Technology PCL's PB Ratio has ranged from 0.65 to 6.78. According to the industry distribution chart, AJ Advance Technology PCL ranks #710 out of 2418 companies in the Hardware industry, placing it in the top 29.4%.
Is AJ Advance Technology PCL's PB Ratio too high?
AJ Advance Technology PCL's current PB Ratio of 1.35 is near median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 6.78. The Hardware industry median PB Ratio is 2.37. AJ Advance Technology PCL's value of 1.35 is 42.9% below this industry median. Based on the distribution chart, AJ Advance Technology PCL ranks #710 out of 2418 companies in the Hardware industry, which is above the industry midpoint. Overall, AJ Advance Technology PCL has a GF Score™ of 22/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AJ Advance Technology PCL's PB Ratio compare to SNX and ARW?
According to the Hardware industry distribution chart, AJ Advance Technology PCL ranks #710 out of 2418 companies for PB Ratio. This puts AJ Advance Technology PCL in the upper half of its industry. The industry median PB Ratio is 2.37. AJ Advance Technology PCL's value of 1.35 is 42.9% below this benchmark. Historically, AJ Advance Technology PCL's own PB Ratio has ranged from 0.65 to 6.78 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 2.37, AJ Advance Technology PCL has consistently been below 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 Hardware company?
The median PB Ratio among Hardware companies is 2.37, based on 2,418 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. AJ Advance Technology PCL's current PB Ratio of 1.35 is 42.9% below 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 AJ Advance Technology PCL and its competitors. For the Hardware industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Advance Technology PCL's current PB Ratio is 1.35, which is near median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Advance Technology PCL stock overvalued right now?
Based on GuruFocus' analysis, AJ Advance Technology PCL (BKK:AJA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.10, compared to a current price of ฿0.12 — trading 20% above its estimated fair value. The current PB Ratio is 1.35, which is near median its 10-year median of 1.46 and 42.9% below the Hardware industry median of 2.37. AJ Advance Technology PCL's overall GF Score™ is 22/100 with 4 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 AJ Advance Technology PCL (BKK:AJA), the current PB Ratio is 1.35 as of Aug. 14, 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 AJ Advance Technology PCL (BKK:AJA) Overvalued in 2026?
Based on GuruFocus' analysis, AJ Advance Technology PCL stock appears to be overvalued.
The current stock price of ฿0.12 is trading 20% above its estimated GF Value™ of ฿0.10.
GuruFocus considers AJ Advance Technology PCL to be Modestly Overvalued.
Key valuation signals for BKK:AJA:
PB Ratio: 1.35 (near median its 10-year median of 1.46)
GF Value™: ฿0.10 vs. price of ฿0.12 (20% above fair value)
Industry Position: 42.9% below the Hardware median (#710 of 2418)
No single metric tells the full story. See the BKK:AJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AJ Advance Technology PCL is engaged in wholesaling and retailing of electric vehicle, provides service to member relating access of website of such company for purchase and sales of goods, logistic business and export business, distribution of sport shoes and invest in digital assets, mining, trading digital assets including investment or providing other services about cryptocurrency and digital token transactions. Its segments include Retailing and wholesaling of electric appliances, including parts; Retailing of shoe; Sale of electric motorcycle; Mining digital assets; Sale chemical organic fertilizer; and Others. It derives majority of the revenue from Retailing of shoe segment. The group is managed and operates principally in Thailand.
22GF Score
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