Origin Property PCL (BKK:ORI) PB Ratio: 0.23 (As of Jul. 19, 2026) — 86% 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:ORI Origin Property PCL BKK:ORI
70 GF Score
Price ฿1.96
GF Value ฿2.81
Valuation Possible Value Trap
! 9 Warning Signs
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What is Origin Property PCL PB Ratio?

Origin Property PCL BKK:ORI -2.97% 70 PB Ratio is 0.23 as of Jul. 19, 2026, which is 86% below its 10-year median of 1.66. GuruFocus rates BKK:ORI with a GF Score™ of 70/100 and a GF Value™ of ฿2.81 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,716 Real Estate companies, Origin Property PCL ranks better than 88.99% 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 (2026-07-19), Origin Property PCL's share price is ฿1.96. Origin Property PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿8.34. Hence, Origin Property PCL's PB Ratio of today is 0.23.

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

BKK:ORI' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.66   Max: 11.46
Current: 0.23

During the past 12 years, Origin Property PCL's highest PB Ratio was 11.46. The lowest was 0.20. And the median was 1.66.

BKK:ORI's PB Ratio is ranked better than
88.99% of 1716 companies
in the Real Estate industry
Industry Median: 0.815 vs BKK:ORI: 0.23

During the past 12 months, Origin Property PCL's average Book Value Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 27.30% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Origin Property PCL was 156.80% per year. The lowest was 4.00% per year. And the median was 26.10% per year.

Back to Basics: PB Ratio


Origin Property PCL  (BKK:ORI) 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.


Origin Property PCL PB Ratio Related Terms


Origin Property PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Origin Property 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.

Origin Property PCL PB Ratio Chart

Origin Property 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 1.86 1.64 1.09 0.46 0.22

Origin Property 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 0.26 0.20 0.33 0.22 0.22

Origin Property PCL PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Origin Property 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.


Origin Property PCL PB Ratio vs Real Estate Industry

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

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


BKK:ORI
70GF Score
Origin Property PCL BKK:ORI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Origin Property 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.96/8.341
=0.23

* 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 0.23 mean?
Origin Property PCL (BKK:ORI) has a PB Ratio of 0.23 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Origin Property PCL and its competitors. This is 86% below median its historical median of 1.66. Over the past decade, Origin Property PCL's PB Ratio has ranged from 0.20 to 11.46. According to the industry distribution chart, Origin Property PCL ranks #189 out of 1716 companies in the Real Estate industry, placing it in the top 11%.
Is Origin Property PCL's PB Ratio too high?
Origin Property PCL's current PB Ratio of 0.23 is 86% below median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 11.46. The Real Estate industry median PB Ratio is 0.82. Origin Property PCL's value of 0.23 is 71.8% below this industry median. Based on the distribution chart, Origin Property PCL ranks #189 out of 1716 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Origin Property PCL has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Origin Property PCL's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Origin Property PCL ranks #189 out of 1716 companies for PB Ratio. This places Origin Property PCL in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. Origin Property PCL's value of 0.23 is 71.8% below this benchmark. Historically, Origin Property PCL's own PB Ratio has ranged from 0.20 to 11.46 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 0.82, Origin Property 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 0.82, based on 1,716 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. Origin Property PCL's current PB Ratio of 0.23 is 71.8% 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 Origin Property PCL and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Origin Property PCL's current PB Ratio is 0.23, which is 86% below median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Origin Property PCL stock overvalued right now?
Based on GuruFocus' analysis, Origin Property PCL (BKK:ORI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.81, compared to a current price of ฿1.96 — trading 30.2% below its estimated fair value. The current PB Ratio is 0.23, which is 86% below median its 10-year median of 1.66 and 71.8% below the Real Estate industry median of 0.82. Origin Property PCL's overall GF Score™ is 70/100 with 9 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 Origin Property PCL (BKK:ORI), the current PB Ratio is 0.23 as of Jul. 19, 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 Origin Property PCL (BKK:ORI) Overvalued in 2026?

Based on GuruFocus' analysis, Origin Property PCL stock appears to be undervalued. The current stock price of ฿1.96 is trading 30.2% below its estimated GF Value™ of ฿2.81. GuruFocus considers Origin Property PCL to be Possible Value Trap.

Key valuation signals for BKK:ORI:

  • PB Ratio: 0.23 (86% below median its 10-year median of 1.66)
  • GF Value™: ฿2.81 vs. price of ฿1.96 (30.2% below fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 71.8% below the Real Estate median (#189 of 1716)

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


Origin Property PCL Business Description

Address 496 Moo 9, Tambon Samrong Nuea, Amphoe Mueang Samut Prakan, Samut Prakan, THA, 10270
Origin Property PCL is engaged in property development and investing in other companies. The majority of its revenue comes from the sale of real estate, which includes land, houses, and residential condominium units. It also provides project management services. The Group has four reportable segments: Condominium projects, Housing estate projects, Hotels and buildings for rent, and Others, which is services relating to real estate business. Geographically, it operates only in Thailand.
70GF Score

Get the complete analysis for BKK:ORI

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

฿1.96
Price
฿2.81
GF Value