Samart Aviation Solutions PCL (BKK:SAV) PB Ratio: 4.48 (As of Jul. 20, 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:SAV Samart Aviation Solutions PCL BKK:SAV
40 GF Score
Price ฿11.10
GF Value ฿19.73
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Samart Aviation Solutions PCL PB Ratio?

Samart Aviation Solutions PCL BKK:SAV -4.31% 40 PB Ratio is 4.48 as of Jul. 20, 2026, which is 28% below its 10-year median of 6.21. GuruFocus rates BKK:SAV with a GF Score™ of 40/100 and a GF Value™ of ฿19.73 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 966 Transportation companies, Samart Aviation Solutions PCL ranks worse than 90.58% 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 (2026-07-20), Samart Aviation Solutions PCL's share price is ฿11.10. Samart Aviation Solutions PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿2.48. Hence, Samart Aviation Solutions PCL's PB Ratio of today is 4.48.

Good Sign:

Samart Aviation Solutions PCL stock PB Ratio (=4.48) is close to 1-year low of 4.28.

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

BKK:SAV' s PB Ratio Range Over the Past 10 Years
Min: 3.92   Med: 6.21   Max: 23.56
Current: 4.48

During the past 5 years, Samart Aviation Solutions PCL's highest PB Ratio was 23.56. The lowest was 3.92. And the median was 6.21.

BKK:SAV's PB Ratio is ranked worse than
90.58% of 966 companies
in the Transportation industry
Industry Median: 1.235 vs BKK:SAV: 4.48

During the past 12 months, Samart Aviation Solutions PCL's average Book Value Per Share Growth Rate was -4.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 59.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Samart Aviation Solutions PCL was 120.30% per year. The lowest was 59.70% per year. And the median was 90.00% per year.

Back to Basics: PB Ratio


Samart Aviation Solutions PCL  (BKK:SAV) 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.


Samart Aviation Solutions PCL PB Ratio Related Terms


Samart Aviation Solutions PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Samart Aviation Solutions 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.

Samart Aviation Solutions PCL PB Ratio Chart

Samart Aviation Solutions PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 8.07 8.05 5.42

Samart Aviation Solutions PCL Quarterly Data
Dec21 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 5.65 4.75 6.17 5.42 4.44

BKK:SAV vs JOBY, CAAP: PB Ratio Comparison

For the Airports & Air Services subindustry, Samart Aviation Solutions 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.


Samart Aviation Solutions PCL PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Samart Aviation Solutions PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Samart Aviation Solutions PCL's PB Ratio falls into.


BKK:SAV
40GF Score
Samart Aviation Solutions PCL BKK:SAV
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Samart Aviation Solutions 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.

Samart Aviation Solutions PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=11.10/2.475
=4.48

* 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 4.48 mean?
Samart Aviation Solutions PCL (BKK:SAV) has a PB Ratio of 4.48 as of Jul. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Samart Aviation Solutions PCL and its competitors. This is 28% below median its historical median of 6.21. Over the past decade, Samart Aviation Solutions PCL's PB Ratio has ranged from 3.92 to 23.56. According to the industry distribution chart, Samart Aviation Solutions PCL ranks #875 out of 966 companies in the Transportation industry, placing it in the top 90.6%.
Is Samart Aviation Solutions PCL's PB Ratio too high?
Samart Aviation Solutions PCL's current PB Ratio of 4.48 is 28% below median its 10-year median of 6.21. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 23.56. The Transportation industry median PB Ratio is 1.24. Samart Aviation Solutions PCL's value of 4.48 is 262.8% above this industry median. Based on the distribution chart, Samart Aviation Solutions PCL ranks #875 out of 966 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Samart Aviation Solutions PCL has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Samart Aviation Solutions PCL's PB Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Samart Aviation Solutions PCL ranks #875 out of 966 companies for PB Ratio. This places Samart Aviation Solutions PCL in the lower half of its industry. The industry median PB Ratio is 1.24. Samart Aviation Solutions PCL's value of 4.48 is 262.8% above this benchmark. Historically, Samart Aviation Solutions PCL's own PB Ratio has ranged from 3.92 to 23.56 over the past decade. While the company's 10-year median is 6.21 vs. the industry median of 1.24, Samart Aviation Solutions 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 a Transportation company?
The median PB Ratio among Transportation companies is 1.24, based on 966 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. Samart Aviation Solutions PCL's current PB Ratio of 4.48 is 262.8% 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 Samart Aviation Solutions PCL and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samart Aviation Solutions PCL's current PB Ratio is 4.48, which is 28% below median its own 10-year median of 6.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samart Aviation Solutions PCL stock overvalued right now?
Based on GuruFocus' analysis, Samart Aviation Solutions PCL (BKK:SAV) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿19.73, compared to a current price of ฿11.10 — trading 43.7% below its estimated fair value. The current PB Ratio is 4.48, which is 28% below median its 10-year median of 6.21 and 262.8% above the Transportation industry median of 1.24. Samart Aviation Solutions PCL's overall GF Score™ is 40/100 with 1 warning sign 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 Samart Aviation Solutions PCL (BKK:SAV), the current PB Ratio is 4.48 as of Jul. 20, 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 Samart Aviation Solutions PCL (BKK:SAV) Overvalued in 2026?

Based on GuruFocus' analysis, Samart Aviation Solutions PCL stock appears to be undervalued. The current stock price of ฿11.10 is trading 43.7% below its estimated GF Value™ of ฿19.73. GuruFocus considers Samart Aviation Solutions PCL to be Significantly Undervalued.

Key valuation signals for BKK:SAV:

  • PB Ratio: 4.48 (28% below median its 10-year median of 6.21)
  • GF Value™: ฿19.73 vs. price of ฿11.10 (43.7% below fair value)
  • GF Score™: 40/100 with 1 warning sign
  • Industry Position: 262.8% above the Transportation median (#875 of 966)

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


Samart Aviation Solutions PCL Business Description

Address Chaengwattana Road, 99/11 Village No. 4, Software Park Building, 25th Floor, Khlong Kluea Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Samart Aviation Solutions PCL is a holding company. It is engaged in providing air traffic control services in Cambodia. The group is principally engaged in Utilities and Transportation. The single geographical area of operations is Cambodia.
40GF Score

Get the complete analysis for BKK:SAV

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

฿11.10
Price
฿19.73
GF Value