Meb PCL (BKK:MEB) PB Ratio: 2.42 (As of Jul. 17, 2026) — 65% 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:MEB Meb Corp PCL BKK:MEB
73 GF Score
Price ฿12.90
GF Value ฿28.63
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Meb PCL PB Ratio?

Meb PCL BKK:MEB 73 PB Ratio is 2.42 as of Jul. 17, 2026, which is 65% below its 10-year median of 6.83. GuruFocus rates BKK:MEB with a GF Score™ of 73/100 and a GF Value™ of ฿28.63 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,629 Software companies, Meb PCL ranks worse than 50.59% 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), Meb PCL's share price is ฿12.90. Meb PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿5.33. Hence, Meb PCL's PB Ratio of today is 2.42.

Good Sign:

Meb Corp PCL stock PB Ratio (=2.38) is close to 5-year low of 2.18.

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

BKK:MEB' s PB Ratio Range Over the Past 10 Years
Min: 2.18   Med: 6.83   Max: 66.01
Current: 2.42

During the past 8 years, Meb PCL's highest PB Ratio was 66.01. The lowest was 2.18. And the median was 6.83.

BKK:MEB's PB Ratio is ranked worse than
50.59% of 2629 companies
in the Software industry
Industry Median: 2.39 vs BKK:MEB: 2.42

During the past 12 months, Meb PCL's average Book Value Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 96.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 43.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Meb PCL was 96.40% per year. The lowest was -6.80% per year. And the median was 48.35% per year.

Back to Basics: PB Ratio


Meb PCL  (BKK:MEB) 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.


Meb PCL PB Ratio Related Terms


Meb PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Meb 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.

Meb PCL PB Ratio Chart

Meb PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 8.31 5.43 3.31

Meb PCL Quarterly Data
Dec20 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 4.31 4.40 3.43 3.31 2.57

BKK:MEB vs UBER, SHOP, CRM: PB Ratio Comparison

For the Software - Application subindustry, Meb 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.


Meb PCL PB Ratio vs Software Industry

For the Software industry and Technology sector, Meb PCL's PB Ratio distribution charts can be found below:

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


BKK:MEB
73GF Score
Meb Corp PCL BKK:MEB
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meb 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.90/5.331
=2.42

* 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 2.42 mean?
Meb PCL (BKK:MEB) has a PB Ratio of 2.42 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 Meb PCL and its competitors. This is 65% below median its historical median of 6.83. Over the past decade, Meb PCL's PB Ratio has ranged from 2.18 to 66.01. According to the industry distribution chart, Meb PCL ranks #1330 out of 2629 companies in the Software industry, placing it in the top 50.6%.
Is Meb PCL's PB Ratio too high?
Meb PCL's current PB Ratio of 2.42 is 65% below median its 10-year median of 6.83. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 66.01. The Software industry median PB Ratio is 2.39. Meb PCL's value of 2.42 is 1.3% above this industry median. Based on the distribution chart, Meb PCL ranks #1330 out of 2629 companies in the Software industry, which is below the industry midpoint. Overall, Meb PCL has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meb PCL's PB Ratio compare to UBER and SHOP?
According to the Software industry distribution chart, Meb PCL ranks #1330 out of 2629 companies for PB Ratio. This places Meb PCL in the lower half of its industry. The industry median PB Ratio is 2.39. Meb PCL's value of 2.42 is 1.3% above this benchmark. Historically, Meb PCL's own PB Ratio has ranged from 2.18 to 66.01 over the past decade. While the company's 10-year median is 6.83 vs. the industry median of 2.39, Meb 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 Software company?
The median PB Ratio among Software companies is 2.39, based on 2,629 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. Meb PCL's current PB Ratio of 2.42 is 1.3% 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 Meb PCL and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meb PCL's current PB Ratio is 2.42, which is 65% below median its own 10-year median of 6.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meb PCL stock overvalued right now?
Based on GuruFocus' analysis, Meb PCL (BKK:MEB) is currently considered Possible Value Trap. The stock's GF Value™ is ฿28.63, compared to a current price of ฿12.90 — trading 54.9% below its estimated fair value. The current PB Ratio is 2.42, which is 65% below median its 10-year median of 6.83 and 1.3% above the Software industry median of 2.39. Meb PCL's overall GF Score™ is 73/100 with 3 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 Meb PCL (BKK:MEB), the current PB Ratio is 2.42 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 Meb PCL (BKK:MEB) Overvalued in 2026?

Based on GuruFocus' analysis, Meb PCL stock appears to be undervalued. The current stock price of ฿12.90 is trading 54.9% below its estimated GF Value™ of ฿28.63. GuruFocus considers Meb PCL to be Possible Value Trap.

Key valuation signals for BKK:MEB:

  • PB Ratio: 2.42 (65% below median its 10-year median of 6.83)
  • GF Value™: ฿28.63 vs. price of ฿12.90 (54.9% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 1.3% above the Software median (#1330 of 2629)

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


Meb PCL Business Description

Address Chaeng Watthana Road, 99/27 Moo 4, Software Park Building, 8th Floor, Khlong Kluea Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Meb Corp PCL is engaged in the distribution and servicing of e-books, as well as providing consultation on the development of e-book systems. The company also distributes electronic reader devices, conducts computer system inspections, offers consulting and advice on IT-related issues, and provides knowledge on information technology security. The company operates in a single segment: electronic literature services, and is managed and operates in Thailand.
73GF Score

Get the complete analysis for BKK:MEB

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

฿12.90
Price
฿28.63
GF Value