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Bangkok Land PCLBKK:BLAND 54 PB Ratio is 0.16 as of Jul. 15, 2026, which is 61% below its 10-year median of 0.41. GuruFocus rates BKK:BLAND with a GF Score™ of 54/100 and a GF Value™ of ฿0.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,713 Real Estate companies, Bangkok Land PCL ranks better than 93.75% 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 (2026-07-15), Bangkok Land PCL's share price is ฿0.46. Bangkok Land PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿2.85. Hence, Bangkok Land PCL's PB Ratio of today is 0.16.
The historical rank and industry rank for Bangkok Land PCL's PB Ratio or its related term are showing as below:
BKK:BLAND'
s PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.41 Max: 0.76
Current: 0.16
During the past 13 years, Bangkok Land PCL's highest PB Ratio was 0.76. The lowest was 0.14. And the median was 0.41.
BKK:BLAND's PB Ratio is ranked better than 93.75% of 1713
companies
in the Real Estate industry
Industry Median: 0.81
vs BKK:BLAND: 0.16
During the past 12 months, Bangkok Land PCL's average Book Value Per Share Growth Rate was 1.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bangkok Land PCL was 16.70% per year. The lowest was -1.50% per year. And the median was 3.50% 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.
Bangkok Land PCL PB Ratio Related Terms
Bangkok Land PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for Bangkok Land 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.
For the Real Estate Services subindustry, Bangkok Land 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.
Bangkok Land PCL PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Bangkok Land PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bangkok Land 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.
Bangkok Land PCL (BKK:BLAND) has a PB Ratio of 0.16 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bangkok Land PCL and its competitors. This is 61% below median its historical median of 0.41. Over the past decade, Bangkok Land PCL's PB Ratio has ranged from 0.14 to 0.76. According to the industry distribution chart, Bangkok Land PCL ranks #107 out of 1713 companies in the Real Estate industry, placing it in the top 6.2%.
Is Bangkok Land PCL's PB Ratio too high?
Bangkok Land PCL's current PB Ratio of 0.16 is 61% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.76. The Real Estate industry median PB Ratio is 0.81. Bangkok Land PCL's value of 0.16 is 80.2% below this industry median. Based on the distribution chart, Bangkok Land PCL ranks #107 out of 1713 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Bangkok Land PCL has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Land PCL's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Bangkok Land PCL ranks #107 out of 1713 companies for PB Ratio. This places Bangkok Land PCL in the top 6% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. Bangkok Land PCL's value of 0.16 is 80.2% below this benchmark. Historically, Bangkok Land PCL's own PB Ratio has ranged from 0.14 to 0.76 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.81, Bangkok Land 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 1,713 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. Bangkok Land PCL's current PB Ratio of 0.16 is 80.2% 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 Bangkok Land 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. Bangkok Land PCL's current PB Ratio is 0.16, which is 61% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Land PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Land PCL (BKK:BLAND) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.61, compared to a current price of ฿0.46 — trading 24.6% below its estimated fair value. The current PB Ratio is 0.16, which is 61% below median its 10-year median of 0.41 and 80.2% below the Real Estate industry median of 0.81. Bangkok Land PCL's overall GF Score™ is 54/100 with 3 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 Bangkok Land PCL (BKK:BLAND), the current PB Ratio is 0.16 as of Jul. 15, 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 Bangkok Land PCL (BKK:BLAND) Overvalued in 2026?
Based on GuruFocus' analysis, Bangkok Land PCL stock appears to be undervalued.
The current stock price of ฿0.46 is trading 24.6% below its estimated GF Value™ of ฿0.61.
GuruFocus considers Bangkok Land PCL to be Modestly Undervalued.
Key valuation signals for BKK:BLAND:
PB Ratio: 0.16 (61% below median its 10-year median of 0.41)
GF Value™: ฿0.61 vs. price of ฿0.46 (24.6% below fair value)
Industry Position: 80.2% below the Real Estate median (#107 of 1713)
No single metric tells the full story. See the BKK:BLAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangkok Land PCL is engaged in real estate development, exhibition and convention, food and beverage, and investments in hotels and education. The Company is committed to developing large-scale urban community projects into modern, all-in-one hubs. It offers a comprehensive range of services, including the Impact Exhibition and Convention Center, hotels, residential projects, commercial buildings, and retail spaces. The area is equipped with complete infrastructure and amenities and is served by the extended Pink Line mass transit system. The Company operates through four segments: Real Estate Business, Retail Business, Exhibition Center Business, and Other Services. The Exhibition Center Business generates the majority of revenue. The Company operates in Thailand.
54GF Score
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