Frasers Property (Thailand) PCL (BKK:FPT) PB Ratio: 0.43 (As of Jul. 15, 2026) — 56% Below Median

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BKK:FPT Frasers Property (Thailand) PCL BKK:FPT
65 GF Score
Price ฿6.95
GF Value ฿11.24
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Frasers Property (Thailand) PCL PB Ratio?

Frasers Property (Thailand) PCL BKK:FPT +0.72% 65 PB Ratio is 0.43 as of Jul. 15, 2026, which is 56% below its 10-year median of 0.97. GuruFocus rates BKK:FPT with a GF Score™ of 65/100 and a GF Value™ of ฿11.24 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,713 Real Estate companies, Frasers Property (Thailand) PCL ranks better than 76.47% 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), Frasers Property (Thailand) PCL's share price is ฿6.95. Frasers Property (Thailand) PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿16.14. Hence, Frasers Property (Thailand) PCL's PB Ratio of today is 0.43.

The historical rank and industry rank for Frasers Property (Thailand) PCL's PB Ratio or its related term are showing as below:

BKK:FPT' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.97   Max: 1.65
Current: 0.43

During the past 13 years, Frasers Property (Thailand) PCL's highest PB Ratio was 1.65. The lowest was 0.37. And the median was 0.97.

BKK:FPT's PB Ratio is ranked better than
76.47% of 1713 companies
in the Real Estate industry
Industry Median: 0.81 vs BKK:FPT: 0.43

During the past 12 months, Frasers Property (Thailand) PCL's average Book Value Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.30% 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 5.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Frasers Property (Thailand) PCL was 36.20% per year. The lowest was -0.10% per year. And the median was 5.85% per year.

Back to Basics: PB Ratio


Frasers Property (Thailand) PCL  (BKK:FPT) 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.


Frasers Property (Thailand) PCL PB Ratio Related Terms


Frasers Property (Thailand) PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Frasers Property (Thailand) 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.

Frasers Property (Thailand) PCL PB Ratio Chart

Frasers Property (Thailand) PCL Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.98 0.97 0.82 0.43

Frasers Property (Thailand) 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 0.41 0.40 0.43 0.38 0.37

Frasers Property (Thailand) PCL PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Frasers Property (Thailand) 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.


Frasers Property (Thailand) PCL PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Frasers Property (Thailand) PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Frasers Property (Thailand) PCL's PB Ratio falls into.


BKK:FPT
65GF Score
Frasers Property (Thailand) PCL BKK:FPT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frasers Property (Thailand) 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.

Frasers Property (Thailand) PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.95/16.135
=0.43

* 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 0.43 mean?
Frasers Property (Thailand) PCL (BKK:FPT) has a PB Ratio of 0.43 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 Frasers Property (Thailand) PCL and its competitors. This is 56% below median its historical median of 0.97. Over the past decade, Frasers Property (Thailand) PCL's PB Ratio has ranged from 0.37 to 1.65. According to the industry distribution chart, Frasers Property (Thailand) PCL ranks #403 out of 1713 companies in the Real Estate industry, placing it in the top 23.5%.
Is Frasers Property (Thailand) PCL's PB Ratio too high?
Frasers Property (Thailand) PCL's current PB Ratio of 0.43 is 56% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.65. The Real Estate industry median PB Ratio is 0.81. Frasers Property (Thailand) PCL's value of 0.43 is 46.9% below this industry median. Based on the distribution chart, Frasers Property (Thailand) PCL ranks #403 out of 1713 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Frasers Property (Thailand) PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frasers Property (Thailand) PCL's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Frasers Property (Thailand) PCL ranks #403 out of 1713 companies for PB Ratio. This places Frasers Property (Thailand) PCL in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. Frasers Property (Thailand) PCL's value of 0.43 is 46.9% below this benchmark. Historically, Frasers Property (Thailand) PCL's own PB Ratio has ranged from 0.37 to 1.65 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.81, Frasers Property (Thailand) 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. Frasers Property (Thailand) PCL's current PB Ratio of 0.43 is 46.9% 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 Frasers Property (Thailand) 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. Frasers Property (Thailand) PCL's current PB Ratio is 0.43, which is 56% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property (Thailand) PCL (BKK:FPT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿11.24, compared to a current price of ฿6.95 — trading 38.2% below its estimated fair value. The current PB Ratio is 0.43, which is 56% below median its 10-year median of 0.97 and 46.9% below the Real Estate industry median of 0.81. Frasers Property (Thailand) PCL's overall GF Score™ is 65/100 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 Frasers Property (Thailand) PCL (BKK:FPT), the current PB Ratio is 0.43 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 Frasers Property (Thailand) PCL (BKK:FPT) Overvalued in 2026?

Based on GuruFocus' analysis, Frasers Property (Thailand) PCL stock appears to be undervalued. The current stock price of ฿6.95 is trading 38.2% below its estimated GF Value™ of ฿11.24. GuruFocus considers Frasers Property (Thailand) PCL to be Possible Value Trap.

Key valuation signals for BKK:FPT:

  • PB Ratio: 0.43 (56% below median its 10-year median of 0.97)
  • GF Value™: ฿11.24 vs. price of ฿6.95 (38.2% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 46.9% below the Real Estate median (#403 of 1713)

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


Frasers Property (Thailand) PCL Business Description

Address Rama 4 Road, No. 944 Mitrtown Office Tower, 22nd - 23rd Floor, Wangmai Subdistrict, Pathumwan District, Bangkok, THA, 10330
Frasers Property (Thailand) PCL is an industrial real estate developer operating in Thailand. The company and its subsidiaries are principally engaged industrial real estate development business, which comprises the development of factories and warehouses, mainly for rent and occasionally for sale, residential real-estate development, including rental and related service of commercial buildings and hotel business. Its segments include Real estate business, Investment properties for industrial business, Rental and commercial building business and Hotel business, where majority revenue is derived from Real estate business segment.
65GF Score

Get the complete analysis for BKK:FPT

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

฿6.95
Price
฿11.24
GF Value