B.Grimm Power PCL (BKK:BGRIM) PB Ratio: 1.34 (As of Aug. 10, 2026) — 60% Below Median

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BKK:BGRIM B.Grimm Power PCL BKK:BGRIM
85 GF Score
Price ฿17.80
GF Value ฿20.74
Valuation Modestly Undervalued
! 8 Warning Signs
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What is B.Grimm Power PCL PB Ratio?

B.Grimm Power PCL BKK:BGRIM +0.56% 85 PB Ratio is 1.34 as of Aug. 10, 2026, which is 60% below its 10-year median of 3.36. GuruFocus rates BKK:BGRIM with a GF Score™ of 85/100 and a GF Value™ of ฿20.74 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, B.Grimm Power PCL ranks worse than 50.92% 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 (2026-08-10), B.Grimm Power PCL's share price is ฿17.80. B.Grimm Power PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿13.32. Hence, B.Grimm Power PCL's PB Ratio of today is 1.34.

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

BKK:BGRIM' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 3.36   Max: 7.08
Current: 1.34

During the past 13 years, B.Grimm Power PCL's highest PB Ratio was 7.08. The lowest was 0.66. And the median was 3.36.

BKK:BGRIM's PB Ratio is ranked worse than
50.92% of 434 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.31 vs BKK:BGRIM: 1.34

During the past 12 months, B.Grimm Power PCL's average Book Value Per Share Growth Rate was -4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 19.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of B.Grimm Power PCL was 72.00% per year. The lowest was 1.80% per year. And the median was 14.50% per year.

Back to Basics: PB Ratio


B.Grimm Power PCL  (BKK:BGRIM) 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.


B.Grimm Power PCL PB Ratio Related Terms


B.Grimm Power PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for B.Grimm Power 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.

B.Grimm Power PCL PB Ratio Chart

B.Grimm Power 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 3.58 3.49 1.86 1.41 1.10

B.Grimm Power 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 0.74 0.78 1.05 1.10 0.89

BKK:BGRIM vs CEG, VST, NRG: PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, B.Grimm Power 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.


B.Grimm Power PCL PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, B.Grimm Power PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where B.Grimm Power PCL's PB Ratio falls into.


BKK:BGRIM
85GF Score
B.Grimm Power PCL BKK:BGRIM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B.Grimm Power 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.

B.Grimm Power PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=17.80/13.322
=1.34

* 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 1.34 mean?
B.Grimm Power PCL (BKK:BGRIM) has a PB Ratio of 1.34 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on B.Grimm Power PCL and its competitors. This is 60% below median its historical median of 3.36. Over the past decade, B.Grimm Power PCL's PB Ratio has ranged from 0.66 to 7.08. According to the industry distribution chart, B.Grimm Power PCL ranks #221 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 50.9%.
Is B.Grimm Power PCL's PB Ratio too high?
B.Grimm Power PCL's current PB Ratio of 1.34 is 60% below median its 10-year median of 3.36. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 7.08. The Utilities - Independent Power Producers industry median PB Ratio is 1.31. B.Grimm Power PCL's value of 1.34 is 2.3% above this industry median. Based on the distribution chart, B.Grimm Power PCL ranks #221 out of 434 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, B.Grimm Power PCL has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B.Grimm Power PCL's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, B.Grimm Power PCL ranks #221 out of 434 companies for PB Ratio. This places B.Grimm Power PCL in the lower half of its industry. The industry median PB Ratio is 1.31. B.Grimm Power PCL's value of 1.34 is 2.3% above this benchmark. Historically, B.Grimm Power PCL's own PB Ratio has ranged from 0.66 to 7.08 over the past decade. While the company's 10-year median is 3.36 vs. the industry median of 1.31, B.Grimm Power 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.31, based on 434 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. B.Grimm Power PCL's current PB Ratio of 1.34 is 2.3% 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 B.Grimm Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B.Grimm Power PCL's current PB Ratio is 1.34, which is 60% below median its own 10-year median of 3.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B.Grimm Power PCL stock overvalued right now?
Based on GuruFocus' analysis, B.Grimm Power PCL (BKK:BGRIM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿20.74, compared to a current price of ฿17.80 — trading 14.2% below its estimated fair value. The current PB Ratio is 1.34, which is 60% below median its 10-year median of 3.36 and 2.3% above the Utilities - Independent Power Producers industry median of 1.31. B.Grimm Power PCL's overall GF Score™ is 85/100 with 8 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 B.Grimm Power PCL (BKK:BGRIM), the current PB Ratio is 1.34 as of Aug. 10, 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 B.Grimm Power PCL (BKK:BGRIM) Overvalued in 2026?

Based on GuruFocus' analysis, B.Grimm Power PCL stock appears to be undervalued. The current stock price of ฿17.80 is trading 14.2% below its estimated GF Value™ of ฿20.74. GuruFocus considers B.Grimm Power PCL to be Modestly Undervalued.

Key valuation signals for BKK:BGRIM:

  • PB Ratio: 1.34 (60% below median its 10-year median of 3.36)
  • GF Value™: ฿20.74 vs. price of ฿17.80 (14.2% below fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 2.3% above the Utilities - Independent Power Producers median (#221 of 434)

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


B.Grimm Power PCL Business Description

Other Exchanges BGRIM-F:Thailand
Address 5, Krungthepkreetha Road, Dr. Gerhard Link Building, Huamark, Bangkapi, Bangkok, THA, 10240
B.Grimm Power PCL, along with its subsidiaries, is engaged in the generation and distribution of electricity for the government sectors and Industrial Users, both in Thailand and overseas. The company operates through two reportable segments: 1) Electricity generating: This segment is the generation and distribution of electricity for the government sectors and industrial users both in Thailand and overseas and procure and wholesale liquefied natural gas to the entities in the Group. 2) Other businesses: This segment is the business of investment holding, maintenance, and operating services forpower plants. The majority of the company's revenue comes from Electricity generating segment. Geographically, it derives the maximum revenue from Thailand.
85GF Score

Get the complete analysis for BKK:BGRIM

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

฿17.80
Price
฿20.74
GF Value