Navakij Insurance PCLBKK:NKI-R 59 PB Ratio is 0.29 as of Jun. 27, 2026, which is 62% below its 10-year median of 0.77. GuruFocus rates BKK:NKI-R with a GF Score™ of 59/100 and a GF Value™ of ฿17.38. The stock has 1 warning sign investors should review. Among 497 Insurance companies, Navakij Insurance PCL ranks better than 96.38% on this metric.
The historical rank and industry rank for Navakij Insurance PCL's PB Ratio or its related term are showing as below:
BKK:NKI-R'
s PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.77 Max: 1.1
Current: 0.33
During the past 13 years, Navakij Insurance PCL's highest PB Ratio was 1.10. The lowest was 0.26. And the median was 0.77.
BKK:NKI-R's PB Ratio is ranked better than 96.38% of 497
companies
in the Insurance industry
Industry Median: 1.38
vs BKK:NKI-R: 0.33
During the past 12 months, Navakij Insurance PCL's average Book Value Per Share Growth Rate was -9.00% 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 -3.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Navakij Insurance PCL was 7.40% per year. The lowest was -7.80% per year. And the median was 0.20% per year.
Back to Basics: PB Ratio
Navakij Insurance PCL (BKK:NKI-R) 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.
* 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 Insurance - Property & Casualty subindustry, Navakij Insurance 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.
Navakij Insurance PCL PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Navakij Insurance PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Navakij Insurance 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.
Navakij Insurance PCL (BKK:NKI-R) has a PB Ratio of 0.29 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Navakij Insurance PCL and its competitors. This is 62% below median its historical median of 0.77. Over the past decade, Navakij Insurance PCL's PB Ratio has ranged from 0.26 to 1.10. According to the industry distribution chart, Navakij Insurance PCL ranks #18 out of 497 companies in the Insurance industry, placing it in the top 3.6%.
Is Navakij Insurance PCL's PB Ratio too high?
Navakij Insurance PCL's current PB Ratio of 0.29 is 62% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.10. The Insurance industry median PB Ratio is 1.38. Navakij Insurance PCL's value of 0.29 is 79% below this industry median. Based on the distribution chart, Navakij Insurance PCL ranks #18 out of 497 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Navakij Insurance PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Navakij Insurance PCL's PB Ratio compare to CB and PGR?
According to the Insurance industry distribution chart, Navakij Insurance PCL ranks #18 out of 497 companies for PB Ratio. This places Navakij Insurance PCL in the top 4% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.38. Navakij Insurance PCL's value of 0.29 is 79% below this benchmark. Historically, Navakij Insurance PCL's own PB Ratio has ranged from 0.26 to 1.10 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.38, Navakij Insurance 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 an Insurance company?
The median PB Ratio among Insurance companies is 1.38, based on 497 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. Navakij Insurance PCL's current PB Ratio of 0.29 is 79% 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 Navakij Insurance PCL and its competitors. For the Insurance industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navakij Insurance PCL's current PB Ratio is 0.29, which is 62% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navakij Insurance PCL stock overvalued right now?
Navakij Insurance PCL (BKK:NKI-R) has a current PB Ratio of 0.29. The stock's GF Value™ is ฿17.38, compared to a current price of ฿13.00 — trading 25.2% below its estimated fair value. The current PB Ratio is 0.29, which is 62% below median its 10-year median of 0.77 and 79% below the Insurance industry median of 1.38. Navakij Insurance PCL's overall GF Score™ is 59/100 with 1 warning sign 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 Navakij Insurance PCL (BKK:NKI-R), the current PB Ratio is 0.29 as of Jun. 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 Navakij Insurance PCL (BKK:NKI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Navakij Insurance PCL stock appears to be undervalued.
The current stock price of ฿13.00 is trading 25.2% below its estimated GF Value™ of ฿17.38.
Key valuation signals for BKK:NKI-R:
PB Ratio: 0.29 (62% below median its 10-year median of 0.77)
GF Value™: ฿17.38 vs. price of ฿13.00 (25.2% below fair value)
Industry Position: 79% below the Insurance median (#18 of 497)
No single metric tells the full story. See the BKK:NKI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navakij Insurance PCL is engaged in the provision of non-life insurance. The different kinds of insurance offered by the company include Motor Insurance, Fire Insurance, Marine and Transportation Insurance, and miscellaneous Insurance. The company operates its business in Thailand only.
59GF Score
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