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Fine Metal Technologies PCLBKK:FMT -5.34%55 PB Ratio is 0.66 as of Jul. 23, 2026, which is 23% below its 10-year median of 0.86. GuruFocus rates BKK:FMT with a GF Score™ of 55/100 and a GF Value™ of ฿27.67 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,982 Industrial Products companies, Fine Metal Technologies PCL ranks better than 87.66% on this metric.
The historical rank and industry rank for Fine Metal Technologies PCL's PB Ratio or its related term are showing as below:
BKK:FMT'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 0.86 Max: 1.43
Current: 0.66
During the past 13 years, Fine Metal Technologies PCL's highest PB Ratio was 1.43. The lowest was 0.57. And the median was 0.86.
BKK:FMT's PB Ratio is ranked better than 87.66% of 2982
companies
in the Industrial Products industry
Industry Median: 2.14
vs BKK:FMT: 0.66
During the past 12 months, Fine Metal Technologies PCL's average Book Value Per Share Growth Rate was -6.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -6.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fine Metal Technologies PCL was 7.00% per year. The lowest was -6.90% per year. And the median was 1.60% per year.
Back to Basics: PB Ratio
Fine Metal Technologies PCL (BKK:FMT) PB Ratio Explanation
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.
Fine Metal Technologies PCL PB Ratio Related Terms
Fine Metal Technologies 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 Metal Fabrication subindustry, Fine Metal Technologies 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.
Fine Metal Technologies PCL PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fine Metal Technologies PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fine Metal Technologies 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.
Fine Metal Technologies PCL (BKK:FMT) has a PB Ratio of 0.66 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fine Metal Technologies PCL and its competitors. This is 23% below median its historical median of 0.86. Over the past decade, Fine Metal Technologies PCL's PB Ratio has ranged from 0.57 to 1.43. According to the industry distribution chart, Fine Metal Technologies PCL ranks #368 out of 2982 companies in the Industrial Products industry, placing it in the top 12.3%.
Is Fine Metal Technologies PCL's PB Ratio too high?
Fine Metal Technologies PCL's current PB Ratio of 0.66 is 23% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.43. The Industrial Products industry median PB Ratio is 2.14. Fine Metal Technologies PCL's value of 0.66 is 69.2% below this industry median. Based on the distribution chart, Fine Metal Technologies PCL ranks #368 out of 2982 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fine Metal Technologies PCL has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fine Metal Technologies PCL's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Fine Metal Technologies PCL ranks #368 out of 2982 companies for PB Ratio. This places Fine Metal Technologies PCL in the top 12% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.14. Fine Metal Technologies PCL's value of 0.66 is 69.2% below this benchmark. Historically, Fine Metal Technologies PCL's own PB Ratio has ranged from 0.57 to 1.43 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 2.14, Fine Metal Technologies 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Fine Metal Technologies PCL's current PB Ratio of 0.66 is 69.2% 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 Fine Metal Technologies PCL and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine Metal Technologies PCL's current PB Ratio is 0.66, which is 23% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Metal Technologies PCL stock overvalued right now?
Based on GuruFocus' analysis, Fine Metal Technologies PCL (BKK:FMT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿27.67, compared to a current price of ฿19.50 — trading 29.5% below its estimated fair value. The current PB Ratio is 0.66, which is 23% below median its 10-year median of 0.86 and 69.2% below the Industrial Products industry median of 2.14. Fine Metal Technologies PCL's overall GF Score™ is 55/100 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 Fine Metal Technologies PCL (BKK:FMT), the current PB Ratio is 0.66 as of Jul. 23, 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 Fine Metal Technologies PCL (BKK:FMT) Overvalued in 2026?
Based on GuruFocus' analysis, Fine Metal Technologies PCL stock appears to be undervalued.
The current stock price of ฿19.50 is trading 29.5% below its estimated GF Value™ of ฿27.67.
GuruFocus considers Fine Metal Technologies PCL to be Possible Value Trap.
Key valuation signals for BKK:FMT:
PB Ratio: 0.66 (23% below median its 10-year median of 0.86)
GF Value™: ฿27.67 vs. price of ฿19.50 (29.5% below fair value)
Industry Position: 69.2% below the Industrial Products median (#368 of 2982)
No single metric tells the full story. See the BKK:FMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fine Metal Technologies PCL is engaged in the manufacturing and distribution of a seamless copper tube, which is an important component for air-conditioners and refrigerator equipment. Its products include Smooth Tube, Multi Groove Tube, Accumulator Tube, and Capillary Tube. Geographically, the company operates in Thailand, Malaysia, Japan, and Other countries.
55GF Score
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