Ichitan Group PCLBKK:ICHI-R 94 PB Ratio is 2.32 as of Jun. 26, 2026, which is 1% below its 10-year median of 2.34. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.86. The stock has 2 warning signs investors should review. Among 112 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks worse than 62.5% on this metric.
The historical rank and industry rank for Ichitan Group PCL's PB Ratio or its related term are showing as below:
BKK:ICHI-R'
s PB Ratio Range Over the Past 10 Years
Min: 0.65 Med: 2.34 Max: 4.14
Current: 2.91
During the past 13 years, Ichitan Group PCL's highest PB Ratio was 4.14. The lowest was 0.65. And the median was 2.34.
BKK:ICHI-R's PB Ratio is ranked worse than 62.5% of 112
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.13
vs BKK:ICHI-R: 2.91
During the past 12 months, Ichitan Group PCL's average Book Value Per Share Growth Rate was -0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ichitan Group PCL was 77.80% per year. The lowest was -2.90% per year. And the median was -0.30% per year.
Back to Basics: PB Ratio
Ichitan Group PCL (BKK:ICHI-R) 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.
Ichitan Group PCL PB Ratio Related Terms
Ichitan Group PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for Ichitan Group 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 Beverages - Non-Alcoholic subindustry, Ichitan Group 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.
Ichitan Group PCL PB Ratio vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ichitan Group 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.
Ichitan Group PCL (BKK:ICHI-R) has a PB Ratio of 2.32 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ichitan Group PCL and its competitors. This is near median its historical median of 2.34. Over the past decade, Ichitan Group PCL's PB Ratio has ranged from 0.65 to 4.14. According to the industry distribution chart, Ichitan Group PCL ranks #70 out of 112 companies in the Beverages - Non-Alcoholic industry, placing it in the top 62.5%.
Is Ichitan Group PCL's PB Ratio too high?
Ichitan Group PCL's current PB Ratio of 2.32 is near median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 4.14. The Beverages - Non-Alcoholic industry median PB Ratio is 2.13. Ichitan Group PCL's value of 2.32 is 8.9% above this industry median. Based on the distribution chart, Ichitan Group PCL ranks #70 out of 112 companies in the Beverages - Non-Alcoholic industry, which is below the industry midpoint. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's PB Ratio compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #70 out of 112 companies for PB Ratio. This places Ichitan Group PCL in the lower half of its industry. The industry median PB Ratio is 2.13. Ichitan Group PCL's value of 2.32 is 8.9% above this benchmark. Historically, Ichitan Group PCL's own PB Ratio has ranged from 0.65 to 4.14 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 2.13, Ichitan Group 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 Beverages - Non-Alcoholic company?
The median PB Ratio among Beverages - Non-Alcoholic companies is 2.13, based on 112 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. Ichitan Group PCL's current PB Ratio of 2.32 is 8.9% 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 Ichitan Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median PB Ratio is 2.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current PB Ratio is 2.32, which is near median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current PB Ratio of 2.32. The stock's GF Value™ is ฿11.86, compared to a current price of ฿10.60 — trading 10.6% below its estimated fair value. The current PB Ratio is 2.32, which is near median its 10-year median of 2.34 and 8.9% above the Beverages - Non-Alcoholic industry median of 2.13. Ichitan Group PCL's overall GF Score™ is 94/100 with 2 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 Ichitan Group PCL (BKK:ICHI-R), the current PB Ratio is 2.32 as of Jun. 26, 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued.
The current stock price of ฿10.60 is trading 10.6% below its estimated GF Value™ of ฿11.86.
Key valuation signals for BKK:ICHI-R:
PB Ratio: 2.32 (near median its 10-year median of 2.34)
GF Value™: ฿11.86 vs. price of ฿10.60 (10.6% below fair value)
Industry Position: 8.9% above the Beverages - Non-Alcoholic median (#70 of 112)
No single metric tells the full story. See the BKK:ICHI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score
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