MBK PCL (BKK:MBK) PB Ratio: 1.06 (As of Jul. 17, 2026) — Near 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:MBK MBK PCL BKK:MBK
76 GF Score
Price ฿21.70
GF Value ฿18.96
Valuation Modestly Overvalued
! 10 Warning Signs
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What is MBK PCL PB Ratio?

MBK PCL BKK:MBK -0.91% 76 PB Ratio is 1.06 as of Jul. 17, 2026, which is 2% above its 10-year median of 1.04. GuruFocus rates BKK:MBK with a GF Score™ of 76/100 and a GF Value™ of ฿18.96 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 549 Conglomerates companies, MBK PCL ranks better than 50.09% 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 (2026-07-17), MBK PCL's share price is ฿21.70. MBK PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿20.55. Hence, MBK PCL's PB Ratio of today is 1.06.

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

BKK:MBK' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.04   Max: 1.63
Current: 1.05

During the past 13 years, MBK PCL's highest PB Ratio was 1.63. The lowest was 0.71. And the median was 1.04.

BKK:MBK's PB Ratio is ranked better than
50.09% of 549 companies
in the Conglomerates industry
Industry Median: 1.05 vs BKK:MBK: 1.05

During the past 12 months, MBK PCL's average Book Value Per Share Growth Rate was 17.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MBK PCL was 29.40% per year. The lowest was -5.00% per year. And the median was 8.75% per year.

Back to Basics: PB Ratio


MBK PCL  (BKK:MBK) 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.


MBK PCL PB Ratio Related Terms


MBK PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for MBK 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.

MBK PCL PB Ratio Chart

MBK 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 0.82 1.13 1.01 1.22 0.89

MBK 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 0.97 0.94 0.93 0.89 0.84

BKK:MBK vs HON, MMM: PB Ratio Comparison

For the Conglomerates subindustry, MBK 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.


MBK PCL PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, MBK PCL's PB Ratio distribution charts can be found below:

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


BKK:MBK
76GF Score
MBK PCL BKK:MBK
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MBK 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=21.70/20.547
=1.06

* 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 1.06 mean?
MBK PCL (BKK:MBK) has a PB Ratio of 1.06 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MBK PCL and its competitors. This is near median its historical median of 1.04. Over the past decade, MBK PCL's PB Ratio has ranged from 0.71 to 1.63. According to the industry distribution chart, MBK PCL ranks #274 out of 549 companies in the Conglomerates industry, placing it in the top 49.9%.
Is MBK PCL's PB Ratio too high?
MBK PCL's current PB Ratio of 1.06 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 1.63. The Conglomerates industry median PB Ratio is 1.05. MBK PCL's value of 1.06 is 1% above this industry median. Based on the distribution chart, MBK PCL ranks #274 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, MBK PCL has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MBK PCL's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, MBK PCL ranks #274 out of 549 companies for PB Ratio. This puts MBK PCL in the upper half of its industry. The industry median PB Ratio is 1.05. MBK PCL's value of 1.06 is 1% above this benchmark. Historically, MBK PCL's own PB Ratio has ranged from 0.71 to 1.63 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.05, MBK 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 549 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. MBK PCL's current PB Ratio of 1.06 is 1% 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 MBK 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. MBK PCL's current PB Ratio is 1.06, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK PCL stock overvalued right now?
Based on GuruFocus' analysis, MBK PCL (BKK:MBK) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿18.96, compared to a current price of ฿21.70 — trading 14.5% above its estimated fair value. The current PB Ratio is 1.06, which is near median its 10-year median of 1.04 and 1% above the Conglomerates industry median of 1.05. MBK PCL's overall GF Score™ is 76/100 with 10 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 MBK PCL (BKK:MBK), the current PB Ratio is 1.06 as of Jul. 17, 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 MBK PCL (BKK:MBK) Overvalued in 2026?

Based on GuruFocus' analysis, MBK PCL stock appears to be overvalued. The current stock price of ฿21.70 is trading 14.5% above its estimated GF Value™ of ฿18.96. GuruFocus considers MBK PCL to be Modestly Overvalued.

Key valuation signals for BKK:MBK:

  • PB Ratio: 1.06 (near median its 10-year median of 1.04)
  • GF Value™: ฿18.96 vs. price of ฿21.70 (14.5% above fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 1% above the Conglomerates median (#274 of 549)

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


MBK PCL Business Description

Address 444 Phayathai Road, 8th Floor, MBK Center Building, Pathumwan, Bangkok, THA, 10330
MBK PCL is engaged in multiple businesses. Its businesses includes Shopping center business, Hotel and tourism business, Golf business, Real estate business, Food solutions business, Financial business, Auction business, Corporate supporting center and other business. Shopping center business engages in the business of rental space to retail tenants in the shopping centers and the business of office space for rent. The hotel and tourism business engages in providing for lodging, food and drink, and other facilities and services related for accommodation and travel. Golf business engages in golf services. Real estate business engages in residential for sale, property management and asset appraisal. Auction business engages in the business of car and motorcycle auction.
76GF Score

Get the complete analysis for BKK:MBK

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

฿21.70
Price
฿18.96
GF Value