NSL Foods PCL (BKK:NSL-R) PB Ratio: 2.82 (As of Sep. 20, 2026) — 36% Below Median

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BKK:NSL-R NSL Foods PCL BKK:NSL-R
80 GF Score
Price ฿22.09
GF Value ฿33.53
Valuation Significantly Undervalued
! 2 Warning Signs
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What is NSL Foods PCL PB Ratio?

NSL Foods PCL BKK:NSL-R +1.35% 80 PB Ratio is 2.82 as of Sep. 20, 2026, which is 36% below its 10-year median of 4.38. GuruFocus rates BKK:NSL-R with a GF Score™ of 80/100 and a GF Value™ of ฿33.53 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, NSL Foods PCL ranks worse than 77.88% 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 (2026-09-20), NSL Foods PCL's share price is ฿22.09467. NSL Foods PCL's Book Value per Share for the quarter that ended in Jun. 2026 was ฿7.83. Hence, NSL Foods PCL's PB Ratio of today is 2.82.

Good Sign:

NSL Foods PCL stock PB Ratio (=2.82) is close to 10-year low of 2.7.

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

BKK:NSL-R' s PB Ratio Range Over the Past 10 Years
Min: 2.7   Med: 4.38   Max: 8.75
Current: 2.84

During the past 10 years, NSL Foods PCL's highest PB Ratio was 8.75. The lowest was 2.70. And the median was 4.38.

BKK:NSL-R's PB Ratio is ranked worse than
77.88% of 1912 companies
in the Consumer Packaged Goods industry
Industry Median: 1.39 vs BKK:NSL-R: 2.84

During the past 12 months, NSL Foods PCL's average Book Value Per Share Growth Rate was 12.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 30.00% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of NSL Foods PCL was 50.80% per year. The lowest was 14.70% per year. And the median was 29.70% per year.

Back to Basics: PB Ratio


NSL Foods PCL  (BKK:NSL-R) 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.


NSL Foods PCL PB Ratio Related Terms


NSL Foods PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for NSL Foods 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.

NSL Foods PCL PB Ratio Chart

NSL Foods 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 4.48 4.83 4.72 5.03 3.60

NSL Foods PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.17 4.32 3.60 2.78 2.80

BKK:NSL-R vs KHC, GIS: PB Ratio Comparison

For the Packaged Foods subindustry, NSL Foods 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.


NSL Foods PCL PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NSL Foods PCL's PB Ratio distribution charts can be found below:

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


BKK:NSL-R
80GF Score
NSL Foods PCL BKK:NSL-R
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NSL Foods 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=22.09467/7.834
=2.82

* 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 2.82 mean?
NSL Foods PCL (BKK:NSL-R) has a PB Ratio of 2.82 as of Sep. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NSL Foods PCL and its competitors. This is 36% below median its historical median of 4.38. Over the past decade, NSL Foods PCL's PB Ratio has ranged from 2.70 to 8.75. According to the industry distribution chart, NSL Foods PCL ranks #1489 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 77.9%.
Is NSL Foods PCL's PB Ratio too high?
NSL Foods PCL's current PB Ratio of 2.82 is 36% below median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 8.75. The Consumer Packaged Goods industry median PB Ratio is 1.39. NSL Foods PCL's value of 2.82 is 102.9% above this industry median. Based on the distribution chart, NSL Foods PCL ranks #1489 out of 1912 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, NSL Foods PCL has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NSL Foods PCL's PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, NSL Foods PCL ranks #1489 out of 1912 companies for PB Ratio. This places NSL Foods PCL in the lower half of its industry. The industry median PB Ratio is 1.39. NSL Foods PCL's value of 2.82 is 102.9% above this benchmark. Historically, NSL Foods PCL's own PB Ratio has ranged from 2.70 to 8.75 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 1.39, NSL Foods 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.39, based on 1,912 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. NSL Foods PCL's current PB Ratio of 2.82 is 102.9% 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 NSL Foods PCL and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSL Foods PCL's current PB Ratio is 2.82, which is 36% below median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSL Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, NSL Foods PCL (BKK:NSL-R) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿33.53, compared to a current price of ฿22.09 — trading 34.1% below its estimated fair value. The current PB Ratio is 2.82, which is 36% below median its 10-year median of 4.38 and 102.9% above the Consumer Packaged Goods industry median of 1.39. NSL Foods PCL's overall GF Score™ is 80/100 with 2 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 NSL Foods PCL (BKK:NSL-R), the current PB Ratio is 2.82 as of Sep. 20, 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 NSL Foods PCL (BKK:NSL-R) Overvalued in 2026?

Based on GuruFocus' analysis, NSL Foods PCL stock appears to be undervalued. The current stock price of ฿22.09 is trading 34.1% below its estimated GF Value™ of ฿33.53. GuruFocus considers NSL Foods PCL to be Significantly Undervalued.

Key valuation signals for BKK:NSL-R:

  • PB Ratio: 2.82 (36% below median its 10-year median of 4.38)
  • GF Value™: ฿33.53 vs. price of ฿22.09 (34.1% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 102.9% above the Consumer Packaged Goods median (#1489 of 1912)

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


NSL Foods PCL Business Description

Other Exchanges NSL:Thailand
Address Bangbuathong-Nonthaburi bridge (345) Road, 55/22 Moo 3, Tambol Lam Pho, Ampher Bang Bua Thong, Nonthaburi, THA, 11110
NSL Foods PCL is engaged in the production and distribution of a wide range of food products, including bakery items, snacks, ready-to-eat meals, and beverages. The company also imports and distributes frozen seafood, imported beef, and a variety of other food items. Geographically, it operates in Thailand.
80GF Score

Get the complete analysis for BKK:NSL-R

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

฿22.09
Price
฿33.53
GF Value