JAS Asset PCL (BKK:J) PB Ratio: 0.49 (As of Jul. 20, 2026) — 42% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:J JAS Asset PCL BKK:J
56 GF Score
Price ฿0.99
GF Value ฿1.33
Valuation Modestly Undervalued
! 12 Warning Signs
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What is JAS Asset PCL PB Ratio?

JAS Asset PCL BKK:J +1.02% 56 PB Ratio is 0.49 as of Jul. 20, 2026, which is 42% below its 10-year median of 0.85. GuruFocus rates BKK:J with a GF Score™ of 56/100 and a GF Value™ of ฿1.33 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,716 Real Estate companies, JAS Asset PCL ranks better than 71.04% 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 (2026-07-20), JAS Asset PCL's share price is ฿0.99. JAS Asset PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿2.01. Hence, JAS Asset PCL's PB Ratio of today is 0.49.

Warning Sign:

JAS Asset PCL stock PB Ratio (=0.49) is close to 1-year high of 0.49.

The historical rank and industry rank for JAS Asset PCL's PB Ratio or its related term are showing as below:

BKK:J' s PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.85   Max: 2.77
Current: 0.5

During the past 12 years, JAS Asset PCL's highest PB Ratio was 2.77. The lowest was 0.23. And the median was 0.85.

BKK:J's PB Ratio is ranked better than
71.04% of 1716 companies
in the Real Estate industry
Industry Median: 0.82 vs BKK:J: 0.50

During the past 12 months, JAS Asset PCL's average Book Value Per Share Growth Rate was -21.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of JAS Asset PCL was 24.60% per year. The lowest was -5.20% per year. And the median was -0.20% per year.

Back to Basics: PB Ratio


JAS Asset PCL  (BKK:J) 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.


JAS Asset PCL PB Ratio Related Terms


JAS Asset PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for JAS Asset 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.

JAS Asset PCL PB Ratio Chart

JAS Asset PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 1.59 0.81 0.44 0.34

JAS Asset 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 0.38 0.28 0.34 0.34 0.31

BKK:J vs CBRE, BEKE, JLL: PB Ratio Comparison

For the Real Estate Services subindustry, JAS Asset 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.


JAS Asset PCL PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, JAS Asset PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where JAS Asset PCL's PB Ratio falls into.


BKK:J
56GF Score
JAS Asset PCL BKK:J
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JAS Asset 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.

JAS Asset PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.99/2.01
=0.49

* 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 0.49 mean?
JAS Asset PCL (BKK:J) has a PB Ratio of 0.49 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JAS Asset PCL and its competitors. This is 42% below median its historical median of 0.85. Over the past decade, JAS Asset PCL's PB Ratio has ranged from 0.23 to 2.77. According to the industry distribution chart, JAS Asset PCL ranks #497 out of 1716 companies in the Real Estate industry, placing it in the top 29%.
Is JAS Asset PCL's PB Ratio too high?
JAS Asset PCL's current PB Ratio of 0.49 is 42% below median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 2.77. The Real Estate industry median PB Ratio is 0.82. JAS Asset PCL's value of 0.49 is 40.2% below this industry median. Based on the distribution chart, JAS Asset PCL ranks #497 out of 1716 companies in the Real Estate industry, which is above the industry midpoint. Overall, JAS Asset PCL has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JAS Asset PCL's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, JAS Asset PCL ranks #497 out of 1716 companies for PB Ratio. This puts JAS Asset PCL in the upper half of its industry. The industry median PB Ratio is 0.82. JAS Asset PCL's value of 0.49 is 40.2% below this benchmark. Historically, JAS Asset PCL's own PB Ratio has ranged from 0.23 to 2.77 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.82, JAS Asset 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 0.82, based on 1,716 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. JAS Asset PCL's current PB Ratio of 0.49 is 40.2% 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 JAS Asset PCL and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JAS Asset PCL's current PB Ratio is 0.49, which is 42% below median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JAS Asset PCL stock overvalued right now?
Based on GuruFocus' analysis, JAS Asset PCL (BKK:J) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.33, compared to a current price of ฿0.99 — trading 25.6% below its estimated fair value. The current PB Ratio is 0.49, which is 42% below median its 10-year median of 0.85 and 40.2% below the Real Estate industry median of 0.82. JAS Asset PCL's overall GF Score™ is 56/100 with 12 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 JAS Asset PCL (BKK:J), the current PB Ratio is 0.49 as of Jul. 20, 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 JAS Asset PCL (BKK:J) Overvalued in 2026?

Based on GuruFocus' analysis, JAS Asset PCL stock appears to be undervalued. The current stock price of ฿0.99 is trading 25.6% below its estimated GF Value™ of ฿1.33. GuruFocus considers JAS Asset PCL to be Modestly Undervalued.

Key valuation signals for BKK:J:

  • PB Ratio: 0.49 (42% below median its 10-year median of 0.85)
  • GF Value™: ฿1.33 vs. price of ฿0.99 (25.6% below fair value)
  • GF Score™: 56/100 with 12 warning signs
  • Industry Position: 40.2% below the Real Estate median (#497 of 1716)

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


JAS Asset PCL Business Description

Address Ladplakhao Road, No.87, The Jas Ramintra Building, 3rd Floor, Room A315, Anusawari Sub-district, Bang Khen District, Bangkok, THA, 10220
JAS Asset PCL is engaged in providing rental and related services and runs the business of organizing the rented space in shopping centers with an emphasis on the mobile phone and IT product zones. Geographically, the company provides its services only to the Thailand market. The business of the company operates in segments that are; Rental and related services business, Real estate business and others. The company generates maximum revenue from rental and related services business segment.
56GF Score

Get the complete analysis for BKK:J

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

฿0.99
Price
฿1.33
GF Value