Rayong Wire Industries PCLBKK:RWI 33 PB Ratio is 0.18 as of Jul. 13, 2026, which is 80% below its 10-year median of 0.89. GuruFocus rates BKK:RWI with a GF Score™ of 33/100 and a GF Value™ of ฿0.32 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 609 Steel companies, Rayong Wire Industries PCL ranks better than 96.88% on this metric.
Rayong Wire Industries PCL stock PB Ratio (=0.18) is close to 10-year low of 0.17.
The historical rank and industry rank for Rayong Wire Industries PCL's PB Ratio or its related term are showing as below:
BKK:RWI'
s PB Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.89 Max: 1.8
Current: 0.18
During the past 13 years, Rayong Wire Industries PCL's highest PB Ratio was 1.80. The lowest was 0.17. And the median was 0.89.
BKK:RWI's PB Ratio is ranked better than 96.88% of 609
companies
in the Steel industry
Industry Median: 0.97
vs BKK:RWI: 0.18
During the past 12 months, Rayong Wire Industries PCL's average Book Value Per Share Growth Rate was -12.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -9.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -4.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Rayong Wire Industries PCL was 11.60% per year. The lowest was -20.10% per year. And the median was -2.60% per year.
Back to Basics: PB Ratio
Rayong Wire Industries PCL (BKK:RWI) 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.
Rayong Wire Industries PCL PB Ratio Related Terms
Rayong Wire Industries PCL PB Ratio Historical Data
* 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, Rayong Wire Industries 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.
Rayong Wire Industries PCL PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Rayong Wire Industries PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Rayong Wire Industries 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.
Rayong Wire Industries PCL (BKK:RWI) has a PB Ratio of 0.18 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Rayong Wire Industries PCL and its competitors. This is 80% below median its historical median of 0.89. Over the past decade, Rayong Wire Industries PCL's PB Ratio has ranged from 0.17 to 1.80. According to the industry distribution chart, Rayong Wire Industries PCL ranks #19 out of 609 companies in the Steel industry, placing it in the top 3.1%.
Is Rayong Wire Industries PCL's PB Ratio too high?
Rayong Wire Industries PCL's current PB Ratio of 0.18 is 80% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.80. The Steel industry median PB Ratio is 0.97. Rayong Wire Industries PCL's value of 0.18 is 81.4% below this industry median. Based on the distribution chart, Rayong Wire Industries PCL ranks #19 out of 609 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Rayong Wire Industries PCL has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rayong Wire Industries PCL's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Rayong Wire Industries PCL ranks #19 out of 609 companies for PB Ratio. This places Rayong Wire Industries PCL in the top 3% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.97. Rayong Wire Industries PCL's value of 0.18 is 81.4% below this benchmark. Historically, Rayong Wire Industries PCL's own PB Ratio has ranged from 0.17 to 1.80 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.97, Rayong Wire Industries 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 609 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. Rayong Wire Industries PCL's current PB Ratio of 0.18 is 81.4% 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 Rayong Wire Industries 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. Rayong Wire Industries PCL's current PB Ratio is 0.18, which is 80% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rayong Wire Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, Rayong Wire Industries PCL (BKK:RWI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.32, compared to a current price of ฿0.17 — trading 46.9% below its estimated fair value. The current PB Ratio is 0.18, which is 80% below median its 10-year median of 0.89 and 81.4% below the Steel industry median of 0.97. Rayong Wire Industries PCL's overall GF Score™ is 33/100 with 3 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 Rayong Wire Industries PCL (BKK:RWI), the current PB Ratio is 0.18 as of Jul. 13, 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 Rayong Wire Industries PCL (BKK:RWI) Overvalued in 2026?
Based on GuruFocus' analysis, Rayong Wire Industries PCL stock appears to be undervalued.
The current stock price of ฿0.17 is trading 46.9% below its estimated GF Value™ of ฿0.32.
GuruFocus considers Rayong Wire Industries PCL to be Possible Value Trap.
Key valuation signals for BKK:RWI:
PB Ratio: 0.18 (80% below median its 10-year median of 0.89)
GF Value™: ฿0.32 vs. price of ฿0.17 (46.9% below fair value)
Industry Position: 81.4% below the Steel median (#19 of 609)
No single metric tells the full story. See the BKK:RWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rayong Wire Industries PCL is a manufacturer of steel wire and mesh. The company manufactures and distributes prestressed wire, prestressed concrete strand wire and welding wire. It operates in Thailand.
33GF Score
Get the complete analysis for BKK:RWI
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