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Polynet PCLBKK:POLY 92 PB Ratio is 2.43 as of Jul. 23, 2026, which is 18% below its 10-year median of 2.97. GuruFocus rates BKK:POLY with a GF Score™ of 92/100 and a GF Value™ of ฿8.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,982 Industrial Products companies, Polynet PCL ranks worse than 56.04% 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 (2026-07-23), Polynet PCL's share price is ฿6.85. Polynet PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿2.81. Hence, Polynet PCL's PB Ratio of today is 2.43.
Good Sign:
Polynet PCL stock PB Ratio (=2.42) is close to 5-year low of 2.29.
The historical rank and industry rank for Polynet PCL's PB Ratio or its related term are showing as below:
BKK:POLY'
s PB Ratio Range Over the Past 10 Years
Min: 2.29 Med: 2.97 Max: 12.25
Current: 2.44
During the past 6 years, Polynet PCL's highest PB Ratio was 12.25. The lowest was 2.29. And the median was 2.97.
BKK:POLY's PB Ratio is ranked worse than 56.04% of 2982
companies
in the Industrial Products industry
Industry Median: 2.14
vs BKK:POLY: 2.44
During the past 12 months, Polynet PCL's average Book Value Per Share Growth Rate was 0.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Polynet PCL was 27.00% per year. The lowest was 3.40% per year. And the median was 17.40% per year.
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.
Polynet PCL PB Ratio Related Terms
Polynet PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for Polynet 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.
For the Metal Fabrication subindustry, Polynet 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.
Polynet PCL PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polynet PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Polynet 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.
Polynet PCL's PB Ratio for today is calculated as follows:
* 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.
Polynet PCL (BKK:POLY) has a PB Ratio of 2.43 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Polynet PCL and its competitors. This is 18% below median its historical median of 2.97. Over the past decade, Polynet PCL's PB Ratio has ranged from 2.29 to 12.25. According to the industry distribution chart, Polynet PCL ranks #1671 out of 2982 companies in the Industrial Products industry, placing it in the top 56%.
Is Polynet PCL's PB Ratio too high?
Polynet PCL's current PB Ratio of 2.43 is 18% below median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 12.25. The Industrial Products industry median PB Ratio is 2.14. Polynet PCL's value of 2.43 is 13.6% above this industry median. Based on the distribution chart, Polynet PCL ranks #1671 out of 2982 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Polynet PCL has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polynet PCL's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Polynet PCL ranks #1671 out of 2982 companies for PB Ratio. This places Polynet PCL in the lower half of its industry. The industry median PB Ratio is 2.14. Polynet PCL's value of 2.43 is 13.6% above this benchmark. Historically, Polynet PCL's own PB Ratio has ranged from 2.29 to 12.25 over the past decade. While the company's 10-year median is 2.97 vs. the industry median of 2.14, Polynet 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Polynet PCL's current PB Ratio of 2.43 is 13.6% 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 Polynet PCL and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polynet PCL's current PB Ratio is 2.43, which is 18% below median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polynet PCL stock overvalued right now?
Based on GuruFocus' analysis, Polynet PCL (BKK:POLY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿8.94, compared to a current price of ฿6.85 — trading 23.4% below its estimated fair value. The current PB Ratio is 2.43, which is 18% below median its 10-year median of 2.97 and 13.6% above the Industrial Products industry median of 2.14. Polynet PCL's overall GF Score™ is 92/100 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 Polynet PCL (BKK:POLY), the current PB Ratio is 2.43 as of Jul. 23, 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 Polynet PCL (BKK:POLY) Overvalued in 2026?
Based on GuruFocus' analysis, Polynet PCL stock appears to be undervalued.
The current stock price of ฿6.85 is trading 23.4% below its estimated GF Value™ of ฿8.94.
GuruFocus considers Polynet PCL to be Modestly Undervalued.
Key valuation signals for BKK:POLY:
PB Ratio: 2.43 (18% below median its 10-year median of 2.97)
GF Value™: ฿8.94 vs. price of ฿6.85 (23.4% below fair value)
Industry Position: 13.6% above the Industrial Products median (#1671 of 2982)
No single metric tells the full story. See the BKK:POLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polynet PCL is engaged in the forming, manufacturing and distributing of products related to rubber, plastic, silicone, and molds for the automotive industry, medical tools and equipment, and consumer products. The company generates majority of its revenue from automotive industry.
92GF Score
Get the complete analysis for BKK:POLY
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