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POSCO-Thainox PCLBKK:INOX +0.97%63 PB Ratio is 0.35 as of Aug. 04, 2026, which is 50% below its 10-year median of 0.70. GuruFocus rates BKK:INOX with a GF Score™ of 63/100 and a GF Value™ of ฿4.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 611 Steel companies, POSCO-Thainox PCL ranks better than 86.09% on this metric.
The historical rank and industry rank for POSCO-Thainox PCL's PB Ratio or its related term are showing as below:
BKK:INOX'
s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.7 Max: 2.19
Current: 0.35
During the past 13 years, POSCO-Thainox PCL's highest PB Ratio was 2.19. The lowest was 0.30. And the median was 0.70.
BKK:INOX's PB Ratio is ranked better than 86.09% of 611
companies
in the Steel industry
Industry Median: 0.96
vs BKK:INOX: 0.35
During the past 12 months, POSCO-Thainox PCL's average Book Value Per Share Growth Rate was -0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of POSCO-Thainox PCL was 3.10% per year. The lowest was -10.60% per year. And the median was -0.60% 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.
POSCO-Thainox PCL PB Ratio Related Terms
POSCO-Thainox PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for POSCO-Thainox 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 Steel subindustry, POSCO-Thainox 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.
POSCO-Thainox PCL PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, POSCO-Thainox PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where POSCO-Thainox 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.
POSCO-Thainox PCL (BKK:INOX) has a PB Ratio of 0.35 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on POSCO-Thainox PCL and its competitors. This is 50% below median its historical median of 0.70. Over the past decade, POSCO-Thainox PCL's PB Ratio has ranged from 0.30 to 2.19. According to the industry distribution chart, POSCO-Thainox PCL ranks #85 out of 611 companies in the Steel industry, placing it in the top 13.9%.
Is POSCO-Thainox PCL's PB Ratio too high?
POSCO-Thainox PCL's current PB Ratio of 0.35 is 50% below median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.19. The Steel industry median PB Ratio is 0.96. POSCO-Thainox PCL's value of 0.35 is 63.5% below this industry median. Based on the distribution chart, POSCO-Thainox PCL ranks #85 out of 611 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, POSCO-Thainox PCL has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does POSCO-Thainox PCL's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, POSCO-Thainox PCL ranks #85 out of 611 companies for PB Ratio. This places POSCO-Thainox PCL in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. POSCO-Thainox PCL's value of 0.35 is 63.5% below this benchmark. Historically, POSCO-Thainox PCL's own PB Ratio has ranged from 0.30 to 2.19 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.96, POSCO-Thainox 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 611 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. POSCO-Thainox PCL's current PB Ratio of 0.35 is 63.5% 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 POSCO-Thainox PCL and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. POSCO-Thainox PCL's current PB Ratio is 0.35, which is 50% below median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is POSCO-Thainox PCL stock overvalued right now?
Based on GuruFocus' analysis, POSCO-Thainox PCL (BKK:INOX) is currently considered Fairly Valued. The stock's GF Value™ is ฿4.08, compared to a current price of ฿4.16 — trading 2% above its estimated fair value. The current PB Ratio is 0.35, which is 50% below median its 10-year median of 0.70 and 63.5% below the Steel industry median of 0.96. POSCO-Thainox PCL's overall GF Score™ is 63/100 with 4 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 POSCO-Thainox PCL (BKK:INOX), the current PB Ratio is 0.35 as of Aug. 04, 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 POSCO-Thainox PCL (BKK:INOX) Overvalued in 2026?
Based on GuruFocus' analysis, POSCO-Thainox PCL stock appears to be overvalued.
The current stock price of ฿4.16 is trading 2% above its estimated GF Value™ of ฿4.08.
GuruFocus considers POSCO-Thainox PCL to be Fairly Valued.
Key valuation signals for BKK:INOX:
PB Ratio: 0.35 (50% below median its 10-year median of 0.70)
GF Value™: ฿4.08 vs. price of ฿4.16 (2% above fair value)
Industry Position: 63.5% below the Steel median (#85 of 611)
No single metric tells the full story. See the BKK:INOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
POSCO-Thainox PCL is engaged in production and sales of cold-rolled stainless steel as raw material in the production of household appliances such as kitchenette, sinks, washing machines etc. including other industries. Its products portfolio includes Austenitic Stainless Steel and Ferritic Stainless Steel. The company's products are used in Automotive and Transportation Parts, Electrical Home Appliances, Kitchenware, Food Processing and Medical Equipment, Heavy Industry, Energy and Environment, and Architecture, Building and Construction industries.
63GF Score
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