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Millennium Group (ASIA) PCLBKK:MGC +0.52%62 PB Ratio is 2.01 as of Jul. 18, 2026, which is 76% above its 10-year median of 1.14. GuruFocus rates BKK:MGC with a GF Score™ of 62/100 and a GF Value™ of ฿5.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Millennium Group (ASIA) PCL ranks worse than 64.53% on this metric.
Millennium Group Corp (ASIA) PCL stock PB Ratio (=2.01) is close to 2-year high of 2.01.
The historical rank and industry rank for Millennium Group (ASIA) PCL's PB Ratio or its related term are showing as below:
BKK:MGC'
s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.14 Max: 8.26
Current: 2.01
During the past 7 years, Millennium Group (ASIA) PCL's highest PB Ratio was 8.26. The lowest was 0.72. And the median was 1.14.
BKK:MGC's PB Ratio is ranked worse than 64.53% of 1294
companies
in the Vehicles & Parts industry
Industry Median: 1.37
vs BKK:MGC: 2.01
During the past 12 months, Millennium Group (ASIA) PCL's average Book Value Per Share Growth Rate was 31.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 59.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 56.00% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Millennium Group (ASIA) PCL was 76.70% per year. The lowest was 22.70% per year. And the median was 60.35% per year.
Back to Basics: PB Ratio
Millennium Group (ASIA) PCL (BKK:MGC) PB Ratio Explanation
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.
Millennium Group (ASIA) PCL PB Ratio Related Terms
Millennium Group (ASIA) PCL PB Ratio Historical Data
* 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 Auto & Truck Dealerships subindustry, Millennium Group (ASIA) 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.
Millennium Group (ASIA) PCL PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Millennium Group (ASIA) PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Millennium Group (ASIA) 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.
Millennium Group (ASIA) PCL (BKK:MGC) has a PB Ratio of 2.01 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Millennium Group (ASIA) PCL and its competitors. This is 76% above median its historical median of 1.14. Over the past decade, Millennium Group (ASIA) PCL's PB Ratio has ranged from 0.72 to 8.26. According to the industry distribution chart, Millennium Group (ASIA) PCL ranks #835 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 64.5%.
Is Millennium Group (ASIA) PCL's PB Ratio too high?
Millennium Group (ASIA) PCL's current PB Ratio of 2.01 is 76% above median its 10-year median of 1.14. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 8.26. The Vehicles & Parts industry median PB Ratio is 1.37. Millennium Group (ASIA) PCL's value of 2.01 is 46.7% above this industry median. Based on the distribution chart, Millennium Group (ASIA) PCL ranks #835 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Millennium Group (ASIA) PCL has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group (ASIA) PCL's PB Ratio compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Millennium Group (ASIA) PCL ranks #835 out of 1294 companies for PB Ratio. This places Millennium Group (ASIA) PCL in the lower half of its industry. The industry median PB Ratio is 1.37. Millennium Group (ASIA) PCL's value of 2.01 is 46.7% above this benchmark. Historically, Millennium Group (ASIA) PCL's own PB Ratio has ranged from 0.72 to 8.26 over the past decade. While the company's 10-year median is 1.14 vs. the industry median of 1.37, Millennium Group (ASIA) 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.37, based on 1,294 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. Millennium Group (ASIA) PCL's current PB Ratio of 2.01 is 46.7% 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 Millennium Group (ASIA) PCL and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Group (ASIA) PCL's current PB Ratio is 2.01, which is 76% above median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group (ASIA) PCL stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL (BKK:MGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿5.05, compared to a current price of ฿9.65 — trading 91.1% above its estimated fair value. The current PB Ratio is 2.01, which is 76% above median its 10-year median of 1.14 and 46.7% above the Vehicles & Parts industry median of 1.37. Millennium Group (ASIA) PCL's overall GF Score™ is 62/100 with 5 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 Millennium Group (ASIA) PCL (BKK:MGC), the current PB Ratio is 2.01 as of Jul. 18, 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 Millennium Group (ASIA) PCL (BKK:MGC) Overvalued in 2026?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL stock appears to be overvalued.
The current stock price of ฿9.65 is trading 91.1% above its estimated GF Value™ of ฿5.05.
GuruFocus considers Millennium Group (ASIA) PCL to be Significantly Overvalued.
Key valuation signals for BKK:MGC:
PB Ratio: 2.01 (76% above median its 10-year median of 1.14)
GF Value™: ฿5.05 vs. price of ฿9.65 (91.1% above fair value)
Industry Position: 46.7% above the Vehicles & Parts median (#835 of 1294)
No single metric tells the full story. See the BKK:MGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millennium Group Corp (ASIA) PCL is engaged in providing management consulting services and activities aimed at maximising benefits. Its principal business includes the sale of automobiles, yachts, and spare parts, car maintenance and other services, car rental and chauffeur services, telephone systems, computer programs, human resource development, training services, marketing management services, insurance brokerage, vehicle leasing, and customer acquisition for private jet charter services rental. Its reportable segments include the sale of automobiles, accessories, decorations, and related apparel, after-sales services, automotive parts and maintenance services for independent cars, car and driver rental services, and other businesses. The Group operates principally in Thailand.
62GF Score
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