The Platinum Group PCL (BKK:PLAT) PB Ratio : 0.93 (As of May. 16, 2024)

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What is The Platinum Group PCL PB Ratio?

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 (2024-05-16), The Platinum Group PCL's share price is ฿2.54. The Platinum Group PCL's Book Value per Share for the quarter that ended in Dec. 2023 was ฿2.73. Hence, The Platinum Group PCL's PB Ratio of today is 0.93.

Good Sign:

The Platinum Group PCL stock PB Ratio (=0.91) is close to 3-year low of 0.9

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

BKK:PLAT' s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.68 Max: 6.22
Current: 0.93

During the past 10 years, The Platinum Group PCL's highest PB Ratio was 6.22. The lowest was 0.63. And the median was 1.68.

BKK:PLAT's PB Ratio is ranked worse than
56.46% of 1757 companies
in the Real Estate industry
Industry Median: 0.81 vs BKK:PLAT: 0.93

During the past 12 months, The Platinum Group PCL's average Book Value Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of The Platinum Group PCL was 49.10% per year. The lowest was -6.50% per year. And the median was -1.70% per year.

Back to Basics: PB Ratio

The Platinum Group PCL PB Ratio Historical Data

The historical data trend for The Platinum Group 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.

* Premium members only.

The Platinum Group PCL PB Ratio Chart

The Platinum Group PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.25

0.83

1.07

1.37

1.09

The Platinum Group PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.37	1.39	1.24	1.10	1.09

Competitive Comparison of The Platinum Group PCL's PB Ratio

For the Real Estate Services subindustry, The Platinum Group 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.

The Platinum Group PCL's PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where The Platinum Group PCL's PB Ratio falls into.

The Platinum Group 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.

The Platinum Group PCL's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.54	/	2.726
	=	0.93

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

The Platinum Group PCL (BKK:PLAT) 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.

The Platinum Group PCL PB Ratio Related Terms

Thank you for viewing the detailed overview of The Platinum Group PCL's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

The Platinum Group PCL (BKK:PLAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The Platinum Group PCL (BKK:PLAT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phetchaburi Road, 222/1398, 11th Floor, The Platinum Fashion Mall Building, Ratchathewi District, Petchaburi Road Sub-District, Bangkok, THA, 10400

Website

http://www.theplatinumgroup.co.th

The Platinum Group PCL is engaged in the provision of property rental, hotel, and food center operations in the country of Thailand. Its projects include the Platinum Fashion Mall, War Samui, Holiday Inn Express Samui Hotel, Novotel Bangkok Platinum, and the Platinum Food Center, and others. The company and its subsidiaries are organized into business units based on its products and services and have three reportable segments which are Development and rental of retail space in shopping centers and related services; Hotel operations; and Food and beverages centers. The vast majority of its revenue is generated from its retail space development and rental segment.