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Sahamit Machinery PCLBKK:SMIT -1.09%68 PB Ratio is 0.71 as of Jul. 27, 2026, which is 28% below its 10-year median of 0.98. GuruFocus rates BKK:SMIT with a GF Score™ of 68/100 and a GF Value™ of ฿3.57 (Fairly Valued). The stock has 3 warning signs investors should review. Among 610 Steel companies, Sahamit Machinery PCL ranks better than 64.26% on this metric.
Sahamit Machinery PCL stock PB Ratio (=0.71) is close to 10-year low of 0.66.
The historical rank and industry rank for Sahamit Machinery PCL's PB Ratio or its related term are showing as below:
BKK:SMIT'
s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 0.98 Max: 1.64
Current: 0.71
During the past 13 years, Sahamit Machinery PCL's highest PB Ratio was 1.64. The lowest was 0.66. And the median was 0.98.
BKK:SMIT's PB Ratio is ranked better than 64.26% of 610
companies
in the Steel industry
Industry Median: 0.97
vs BKK:SMIT: 0.71
During the past 12 months, Sahamit Machinery 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 1.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sahamit Machinery PCL was 9.50% per year. The lowest was 0.80% per year. And the median was 3.50% per year.
Back to Basics: PB Ratio
Sahamit Machinery PCL (BKK:SMIT) 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, Sahamit Machinery 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.
Sahamit Machinery PCL PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Sahamit Machinery PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sahamit Machinery 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.
Sahamit Machinery PCL (BKK:SMIT) has a PB Ratio of 0.71 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sahamit Machinery PCL and its competitors. This is 28% below median its historical median of 0.98. Over the past decade, Sahamit Machinery PCL's PB Ratio has ranged from 0.66 to 1.64. According to the industry distribution chart, Sahamit Machinery PCL ranks #218 out of 610 companies in the Steel industry, placing it in the top 35.7%.
Is Sahamit Machinery PCL's PB Ratio too high?
Sahamit Machinery PCL's current PB Ratio of 0.71 is 28% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.64. The Steel industry median PB Ratio is 0.97. Sahamit Machinery PCL's value of 0.71 is 26.8% below this industry median. Based on the distribution chart, Sahamit Machinery PCL ranks #218 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Sahamit Machinery PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sahamit Machinery PCL's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Sahamit Machinery PCL ranks #218 out of 610 companies for PB Ratio. This puts Sahamit Machinery PCL in the upper half of its industry. The industry median PB Ratio is 0.97. Sahamit Machinery PCL's value of 0.71 is 26.8% below this benchmark. Historically, Sahamit Machinery PCL's own PB Ratio has ranged from 0.66 to 1.64 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.97, Sahamit Machinery 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. Sahamit Machinery PCL's current PB Ratio of 0.71 is 26.8% 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 Sahamit Machinery 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. Sahamit Machinery PCL's current PB Ratio is 0.71, which is 28% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahamit Machinery PCL stock overvalued right now?
Based on GuruFocus' analysis, Sahamit Machinery PCL (BKK:SMIT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.57, compared to a current price of ฿3.62 — trading 1.4% above its estimated fair value. The current PB Ratio is 0.71, which is 28% below median its 10-year median of 0.98 and 26.8% below the Steel industry median of 0.97. Sahamit Machinery PCL's overall GF Score™ is 68/100 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 Sahamit Machinery PCL (BKK:SMIT), the current PB Ratio is 0.71 as of Jul. 27, 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 Sahamit Machinery PCL (BKK:SMIT) Overvalued in 2026?
Based on GuruFocus' analysis, Sahamit Machinery PCL stock appears to be overvalued.
The current stock price of ฿3.62 is trading 1.4% above its estimated GF Value™ of ฿3.57.
GuruFocus considers Sahamit Machinery PCL to be Fairly Valued.
Key valuation signals for BKK:SMIT:
PB Ratio: 0.71 (28% below median its 10-year median of 0.98)
GF Value™: ฿3.57 vs. price of ฿3.62 (1.4% above fair value)
Industry Position: 26.8% below the Steel median (#218 of 610)
No single metric tells the full story. See the BKK:SMIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sahamit Machinery PCL is engaged in the distribution of industrial machinery and equipment. The business segments of the group are; Steel and Heat treatment, Machine tools and Tooling and Others consisting of Pulp & paper, Electrical engineering and Machineries and equipment for wood industry. The company mainly operates in Thailand, and derives main revenue from the Steel and Heat treatment segment.
68GF Score
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