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Permsin Steel Works PCLBKK:PERM +4.35%26 PB Ratio is 0.72 as of Jul. 19, 2026, which is 18% below its 10-year median of 0.88. GuruFocus rates BKK:PERM with a GF Score™ of 26/100 and a GF Value™ of ฿0.64 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 610 Steel companies, Permsin Steel Works PCL ranks better than 63.44% on this metric.
The historical rank and industry rank for Permsin Steel Works PCL's PB Ratio or its related term are showing as below:
BKK:PERM'
s PB Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.88 Max: 2.9
Current: 0.72
During the past 13 years, Permsin Steel Works PCL's highest PB Ratio was 2.90. The lowest was 0.39. And the median was 0.88.
BKK:PERM's PB Ratio is ranked better than 63.44% of 610
companies
in the Steel industry
Industry Median: 0.97
vs BKK:PERM: 0.72
During the past 12 months, Permsin Steel Works PCL's average Book Value Per Share Growth Rate was -33.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -36.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -27.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -9.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Permsin Steel Works PCL was 19.00% per year. The lowest was -75.60% per year. And the median was -2.50% per year.
Back to Basics: PB Ratio
Permsin Steel Works PCL (BKK:PERM) 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 Steel subindustry, Permsin Steel Works 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.
Permsin Steel Works PCL PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Permsin Steel Works 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.
Permsin Steel Works PCL (BKK:PERM) has a PB Ratio of 0.72 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 Permsin Steel Works PCL and its competitors. This is 18% below median its historical median of 0.88. Over the past decade, Permsin Steel Works PCL's PB Ratio has ranged from 0.39 to 2.90. According to the industry distribution chart, Permsin Steel Works PCL ranks #223 out of 610 companies in the Steel industry, placing it in the top 36.6%.
Is Permsin Steel Works PCL's PB Ratio too high?
Permsin Steel Works PCL's current PB Ratio of 0.72 is 18% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.90. The Steel industry median PB Ratio is 0.97. Permsin Steel Works PCL's value of 0.72 is 25.8% below this industry median. Based on the distribution chart, Permsin Steel Works PCL ranks #223 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Permsin Steel Works PCL has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Permsin Steel Works PCL's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Permsin Steel Works PCL ranks #223 out of 610 companies for PB Ratio. This puts Permsin Steel Works PCL in the upper half of its industry. The industry median PB Ratio is 0.97. Permsin Steel Works PCL's value of 0.72 is 25.8% below this benchmark. Historically, Permsin Steel Works PCL's own PB Ratio has ranged from 0.39 to 2.90 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.97, Permsin Steel Works 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 610 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. Permsin Steel Works PCL's current PB Ratio of 0.72 is 25.8% 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 Permsin Steel Works PCL and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permsin Steel Works PCL's current PB Ratio is 0.72, which is 18% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permsin Steel Works PCL stock overvalued right now?
Based on GuruFocus' analysis, Permsin Steel Works PCL (BKK:PERM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.64, compared to a current price of ฿0.24 — trading 62.5% below its estimated fair value. The current PB Ratio is 0.72, which is 18% below median its 10-year median of 0.88 and 25.8% below the Steel industry median of 0.97. Permsin Steel Works PCL's overall GF Score™ is 26/100 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 Permsin Steel Works PCL (BKK:PERM), the current PB Ratio is 0.72 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 Permsin Steel Works PCL (BKK:PERM) Overvalued in 2026?
Based on GuruFocus' analysis, Permsin Steel Works PCL stock appears to be undervalued.
The current stock price of ฿0.24 is trading 62.5% below its estimated GF Value™ of ฿0.64.
GuruFocus considers Permsin Steel Works PCL to be Possible Value Trap.
Key valuation signals for BKK:PERM:
PB Ratio: 0.72 (18% below median its 10-year median of 0.88)
GF Value™: ฿0.64 vs. price of ฿0.24 (62.5% below fair value)
Industry Position: 25.8% below the Steel median (#223 of 610)
No single metric tells the full story. See the BKK:PERM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Permsin Steel Works PCL is principally engaged in the manufacture and distribution of hot rolled steel and cold rolled steel, C-channel, galvanized high tensile strength, electro-galvanized steel, C-line, C-U, t-bar, and roll forming metal sheet. The Group has three reportable segments: the Distribution of rolled steel segment, the Manufacturing and distribution of metal sheet segment, and the Manufacturing and distribution of pre-painted steel coil segment. The majority of revenue is from the Manufacturing and distribution of metal sheet segment.
26GF Score
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