MDX PCL (BKK:MDX) PB Ratio: 0.40 (As of Jul. 27, 2026) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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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:MDX MDX PCL BKK:MDX
71 GF Score
Price ฿3.60
GF Value ฿3.91
Valuation Fairly Valued
! 6 Warning Signs
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What is MDX PCL PB Ratio?

MDX PCL BKK:MDX -2.17% 71 PB Ratio is 0.40 as of Jul. 27, 2026, which is 31% below its 10-year median of 0.58. GuruFocus rates BKK:MDX with a GF Score™ of 71/100 and a GF Value™ of ฿3.91 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,713 Real Estate companies, MDX PCL ranks better than 78.23% 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 (2026-07-27), MDX PCL's share price is ฿3.60. MDX PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿9.09. Hence, MDX PCL's PB Ratio of today is 0.40.

Warning Sign:

MDX PCL stock PB Ratio (=0.4) is close to 1-year high of 0.41.

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

BKK:MDX' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.58   Max: 1.46
Current: 0.4

During the past 13 years, MDX PCL's highest PB Ratio was 1.46. The lowest was 0.22. And the median was 0.58.

BKK:MDX's PB Ratio is ranked better than
78.23% of 1713 companies
in the Real Estate industry
Industry Median: 0.81 vs BKK:MDX: 0.40

During the past 12 months, MDX PCL's average Book Value Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MDX PCL was 24.60% per year. The lowest was 4.10% per year. And the median was 10.60% per year.

Back to Basics: PB Ratio


MDX PCL  (BKK:MDX) 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.


MDX PCL PB Ratio Related Terms


MDX PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for MDX 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.

MDX PCL PB Ratio Chart

MDX 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 0.95 0.57 0.36 0.39 0.28

MDX 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 0.32 0.27 0.29 0.28 0.25

MDX PCL PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, MDX 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.


MDX PCL PB Ratio vs Real Estate Industry

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

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


BKK:MDX
71GF Score
MDX PCL BKK:MDX
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MDX 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.60/9.087
=0.40

* 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 0.40 mean?
MDX PCL (BKK:MDX) has a PB Ratio of 0.40 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MDX PCL and its competitors. This is 31% below median its historical median of 0.58. Over the past decade, MDX PCL's PB Ratio has ranged from 0.22 to 1.46. According to the industry distribution chart, MDX PCL ranks #373 out of 1713 companies in the Real Estate industry, placing it in the top 21.8%.
Is MDX PCL's PB Ratio too high?
MDX PCL's current PB Ratio of 0.40 is 31% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.46. The Real Estate industry median PB Ratio is 0.81. MDX PCL's value of 0.40 is 50.6% below this industry median. Based on the distribution chart, MDX PCL ranks #373 out of 1713 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, MDX PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MDX PCL's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, MDX PCL ranks #373 out of 1713 companies for PB Ratio. This places MDX PCL in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. MDX PCL's value of 0.40 is 50.6% below this benchmark. Historically, MDX PCL's own PB Ratio has ranged from 0.22 to 1.46 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.81, MDX 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. MDX PCL's current PB Ratio of 0.40 is 50.6% 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 MDX 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. MDX PCL's current PB Ratio is 0.40, which is 31% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDX PCL stock overvalued right now?
Based on GuruFocus' analysis, MDX PCL (BKK:MDX) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.91, compared to a current price of ฿3.60 — trading 7.9% below its estimated fair value. The current PB Ratio is 0.40, which is 31% below median its 10-year median of 0.58 and 50.6% below the Real Estate industry median of 0.81. MDX PCL's overall GF Score™ is 71/100 with 6 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 MDX PCL (BKK:MDX), the current PB Ratio is 0.40 as of Jul. 27, 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 MDX PCL (BKK:MDX) Overvalued in 2026?

Based on GuruFocus' analysis, MDX PCL stock appears to be undervalued. The current stock price of ฿3.60 is trading 7.9% below its estimated GF Value™ of ฿3.91. GuruFocus considers MDX PCL to be Fairly Valued.

Key valuation signals for BKK:MDX:

  • PB Ratio: 0.40 (31% below median its 10-year median of 0.58)
  • GF Value™: ฿3.91 vs. price of ฿3.60 (7.9% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 50.6% below the Real Estate median (#373 of 1713)

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


MDX PCL Business Description

Address 199 Ratchadapisek Road, 12A Floor, Column Tower Building, Klongtoey, Bangkok, THA, 10110
MDX PCL is engaged in the investment and development of real estate and basic infrastructure projects. Through its subsidiaries, the company is also involved in investing in power plant projects and the distribution of electrical power. It operates in three business segments: the real estate segment, which generates maximum revenue, electricity generation, and others. Further, the real estate segment has two parts: sale of land and rental and utility services.
71GF Score

Get the complete analysis for BKK:MDX

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

฿3.60
Price
฿3.91
GF Value