Assetwise PCL (BKK:ASW) PB Ratio: 0.75 (As of Jul. 14, 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:ASW Assetwise PCL BKK:ASW
86 GF Score
Price ฿7.65
GF Value ฿9.17
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is Assetwise PCL PB Ratio?

Assetwise PCL BKK:ASW +0.66% 86 PB Ratio is 0.75 as of Jul. 14, 2026, which is 35% below its 10-year median of 1.15. GuruFocus rates BKK:ASW with a GF Score™ of 86/100 and a GF Value™ of ฿9.17 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,715 Real Estate companies, Assetwise PCL ranks better than 54.23% 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 (2026-07-14), Assetwise PCL's share price is ฿7.65. Assetwise PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿10.19. Hence, Assetwise PCL's PB Ratio of today is 0.75.

Warning Sign:

Assetwise PCL stock PB Ratio (=0.73) is close to 1-year high of 0.77.

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

BKK:ASW' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.15   Max: 1.68
Current: 0.75

During the past 7 years, Assetwise PCL's highest PB Ratio was 1.68. The lowest was 0.56. And the median was 1.15.

BKK:ASW's PB Ratio is ranked better than
54.23% of 1715 companies
in the Real Estate industry
Industry Median: 0.81 vs BKK:ASW: 0.75

During the past 12 months, Assetwise PCL's average Book Value Per Share Growth Rate was 14.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 25.20% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Assetwise PCL was 47.80% per year. The lowest was 14.80% per year. And the median was 27.25% per year.

Back to Basics: PB Ratio


Assetwise PCL  (BKK:ASW) 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.


Assetwise PCL PB Ratio Related Terms


Assetwise PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Assetwise 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.

Assetwise PCL PB Ratio Chart

Assetwise PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 1.43 1.26 1.15 0.91 0.60

Assetwise 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 0.71 0.71 0.58 0.60 0.70

Assetwise PCL PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Assetwise 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.


Assetwise PCL PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Assetwise PCL's PB Ratio falls into.


BKK:ASW
86GF Score
Assetwise PCL BKK:ASW
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Assetwise 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.

Assetwise PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=7.65/10.192
=0.75

* 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 0.75 mean?
Assetwise PCL (BKK:ASW) has a PB Ratio of 0.75 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Assetwise PCL and its competitors. This is 35% below median its historical median of 1.15. Over the past decade, Assetwise PCL's PB Ratio has ranged from 0.56 to 1.68. According to the industry distribution chart, Assetwise PCL ranks #785 out of 1715 companies in the Real Estate industry, placing it in the top 45.8%.
Is Assetwise PCL's PB Ratio too high?
Assetwise PCL's current PB Ratio of 0.75 is 35% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.68. The Real Estate industry median PB Ratio is 0.81. Assetwise PCL's value of 0.75 is 7.4% below this industry median. Based on the distribution chart, Assetwise PCL ranks #785 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Assetwise PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Assetwise PCL's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Assetwise PCL ranks #785 out of 1715 companies for PB Ratio. This puts Assetwise PCL in the upper half of its industry. The industry median PB Ratio is 0.81. Assetwise PCL's value of 0.75 is 7.4% below this benchmark. Historically, Assetwise PCL's own PB Ratio has ranged from 0.56 to 1.68 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.81, Assetwise 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,715 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. Assetwise PCL's current PB Ratio of 0.75 is 7.4% 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 Assetwise 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. Assetwise PCL's current PB Ratio is 0.75, which is 35% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assetwise PCL stock overvalued right now?
Based on GuruFocus' analysis, Assetwise PCL (BKK:ASW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.17, compared to a current price of ฿7.65 — trading 16.6% below its estimated fair value. The current PB Ratio is 0.75, which is 35% below median its 10-year median of 1.15 and 7.4% below the Real Estate industry median of 0.81. Assetwise PCL's overall GF Score™ is 86/100 with 12 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 Assetwise PCL (BKK:ASW), the current PB Ratio is 0.75 as of Jul. 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 Assetwise PCL (BKK:ASW) Overvalued in 2026?

Based on GuruFocus' analysis, Assetwise PCL stock appears to be undervalued. The current stock price of ฿7.65 is trading 16.6% below its estimated GF Value™ of ฿9.17. GuruFocus considers Assetwise PCL to be Modestly Undervalued.

Key valuation signals for BKK:ASW:

  • PB Ratio: 0.75 (35% below median its 10-year median of 1.15)
  • GF Value™: ฿9.17 vs. price of ฿7.65 (16.6% below fair value)
  • GF Score™: 86/100 with 12 warning signs
  • Industry Position: 7.4% below the Real Estate median (#785 of 1715)

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


Assetwise PCL Business Description

Address 9 Soi Ramintra 5 Junction 23, Anusawari Subdistrict, BangKhen District, Bangkok, THA, 10220
Assetwise PCL operates in the business of real estate development for sale and real estate development for lease, the business of real estate agents, intermediary services for international payments, and research and investment in digital assets, lifestyle business, and technology. Its real estate portfolio includes both condominiums and horizontal residential property, namely, single houses, townhomes, and home offices. The company generates revenue via rental and services, the sale of real estate, and dividend income.
86GF Score

Get the complete analysis for BKK:ASW

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

฿7.65
Price
฿9.17
GF Value