Forth PCLBKK:FORTH-R 84 PB Ratio is 2.05 as of Jun. 25, 2026, which is 52% below its 10-year median of 4.29. GuruFocus rates BKK:FORTH-R with a GF Score™ of 84/100 and a GF Value™ of ฿6.11. The stock has 6 warning signs investors should review. Among 544 Conglomerates companies, Forth PCL ranks worse than 89.89% 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 (2026-06-25), Forth PCL's share price is ฿6.4372. Forth PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿3.14. Hence, Forth PCL's PB Ratio of today is 2.05.
The historical rank and industry rank for Forth PCL's PB Ratio or its related term are showing as below:
BKK:FORTH-R'
s PB Ratio Range Over the Past 10 Years
Min: 1.89 Med: 4.29 Max: 30.9
Current: 4.62
During the past 13 years, Forth PCL's highest PB Ratio was 30.90. The lowest was 1.89. And the median was 4.29.
BKK:FORTH-R's PB Ratio is ranked worse than 89.89% of 544
companies
in the Conglomerates industry
Industry Median: 1.045
vs BKK:FORTH-R: 4.62
During the past 12 months, Forth PCL's average Book Value Per Share Growth Rate was 46.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Forth PCL was 17.30% per year. The lowest was -11.20% per year. And the median was 5.60% 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.
Forth PCL PB Ratio Related Terms
Forth PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for Forth 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 Conglomerates subindustry, Forth 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.
Forth PCL PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Forth PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Forth 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.
Forth PCL's PB Ratio for today is calculated as follows:
* 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.
Forth PCL (BKK:FORTH-R) has a PB Ratio of 2.05 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Forth PCL and its competitors. This is 52% below median its historical median of 4.29. Over the past decade, Forth PCL's PB Ratio has ranged from 1.89 to 30.90. According to the industry distribution chart, Forth PCL ranks #489 out of 544 companies in the Conglomerates industry, placing it in the top 89.9%.
Is Forth PCL's PB Ratio too high?
Forth PCL's current PB Ratio of 2.05 is 52% below median its 10-year median of 4.29. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 30.90. The Conglomerates industry median PB Ratio is 1.05. Forth PCL's value of 2.05 is 96.2% above this industry median. Based on the distribution chart, Forth PCL ranks #489 out of 544 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Forth PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Forth PCL's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #489 out of 544 companies for PB Ratio. This places Forth PCL in the lower half of its industry. The industry median PB Ratio is 1.05. Forth PCL's value of 2.05 is 96.2% above this benchmark. Historically, Forth PCL's own PB Ratio has ranged from 1.89 to 30.90 over the past decade. While the company's 10-year median is 4.29 vs. the industry median of 1.05, Forth 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 a Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.05, based on 544 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. Forth PCL's current PB Ratio of 2.05 is 96.2% 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 Forth PCL and its competitors. For the Conglomerates industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current PB Ratio is 2.05, which is 52% below median its own 10-year median of 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forth PCL stock overvalued right now?
Forth PCL (BKK:FORTH-R) has a current PB Ratio of 2.05. The stock's GF Value™ is ฿6.11, compared to a current price of ฿6.44 — trading 5.4% above its estimated fair value. The current PB Ratio is 2.05, which is 52% below median its 10-year median of 4.29 and 96.2% above the Conglomerates industry median of 1.05. Forth PCL's overall GF Score™ is 84/100 with 6 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 Forth PCL (BKK:FORTH-R), the current PB Ratio is 2.05 as of Jun. 25, 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 Forth PCL (BKK:FORTH-R) Overvalued in 2026?
Based on GuruFocus' analysis, Forth PCL stock appears to be overvalued.
The current stock price of ฿6.44 is trading 5.4% above its estimated GF Value™ of ฿6.11.
Key valuation signals for BKK:FORTH-R:
PB Ratio: 2.05 (52% below median its 10-year median of 4.29)
GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
Industry Position: 96.2% above the Conglomerates median (#489 of 544)
No single metric tells the full story. See the BKK:FORTH-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forth Corp PCL manufactures and distributes electronic equipment and project work relating to design and install telecommunication equipment. The company's segments include Electronics manufacturing service business sources, manufactures and distributes electronics parts, both work manufactured order and general equipment; Enterprise solutions business bids for project work, sources, subcontracts and install various systems for the government and private sectors; Smart service business provides online financial transaction service and sells products and service through vending machines and provides lending services. The Enterprise solutions business derives the majority of the revenue. Geographically it operates in Thailand, Netherlands, United States of America, and Others.
84GF Score
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