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TBN PCLBKK:TBN +0.56%76 PB Ratio is 0.71 as of Aug. 03, 2026, which is 43% below its 10-year median of 1.24. GuruFocus rates BKK:TBN with a GF Score™ of 76/100 and a GF Value™ of ฿6.37 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,635 Software companies, TBN PCL ranks better than 89.34% 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 (2026-08-03), TBN PCL's share price is ฿3.56. TBN PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿5.03. Hence, TBN PCL's PB Ratio of today is 0.71.
Good Sign:
TBN Corp PCL stock PB Ratio (=0.7) is close to 5-year low of 0.69.
The historical rank and industry rank for TBN PCL's PB Ratio or its related term are showing as below:
BKK:TBN'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.24 Max: 17.46
Current: 0.7
During the past 7 years, TBN PCL's highest PB Ratio was 17.46. The lowest was 0.69. And the median was 1.24.
BKK:TBN's PB Ratio is ranked better than 89.34% of 2635
companies
in the Software industry
Industry Median: 2.42
vs BKK:TBN: 0.70
During the past 12 months, TBN PCL's average Book Value Per Share Growth Rate was -3.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 90.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 72.70% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of TBN PCL was 118.70% per year. The lowest was 9.90% per year. And the median was 93.30% 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.
TBN PCL PB Ratio Related Terms
TBN PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for TBN 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 Software - Application subindustry, TBN 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.
TBN PCL PB Ratio vs Software Industry
For the Software industry and Technology sector, TBN PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where TBN 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.
TBN 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.
TBN PCL (BKK:TBN) has a PB Ratio of 0.71 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TBN PCL and its competitors. This is 43% below median its historical median of 1.24. Over the past decade, TBN PCL's PB Ratio has ranged from 0.69 to 17.46. According to the industry distribution chart, TBN PCL ranks #281 out of 2635 companies in the Software industry, placing it in the top 10.7%.
Is TBN PCL's PB Ratio too high?
TBN PCL's current PB Ratio of 0.71 is 43% below median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 17.46. The Software industry median PB Ratio is 2.42. TBN PCL's value of 0.71 is 70.7% below this industry median. Based on the distribution chart, TBN PCL ranks #281 out of 2635 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, TBN PCL has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TBN PCL's PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, TBN PCL ranks #281 out of 2635 companies for PB Ratio. This places TBN PCL in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.42. TBN PCL's value of 0.71 is 70.7% below this benchmark. Historically, TBN PCL's own PB Ratio has ranged from 0.69 to 17.46 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 2.42, TBN 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 Software company?
The median PB Ratio among Software companies is 2.42, based on 2,635 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. TBN PCL's current PB Ratio of 0.71 is 70.7% 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 TBN PCL and its competitors. For the Software industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBN PCL's current PB Ratio is 0.71, which is 43% below median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBN PCL stock overvalued right now?
Based on GuruFocus' analysis, TBN PCL (BKK:TBN) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿6.37, compared to a current price of ฿3.56 — trading 44.1% below its estimated fair value. The current PB Ratio is 0.71, which is 43% below median its 10-year median of 1.24 and 70.7% below the Software industry median of 2.42. TBN PCL's overall GF Score™ is 76/100 with 6 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 TBN PCL (BKK:TBN), the current PB Ratio is 0.71 as of Aug. 03, 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 TBN PCL (BKK:TBN) Overvalued in 2026?
Based on GuruFocus' analysis, TBN PCL stock appears to be undervalued.
The current stock price of ฿3.56 is trading 44.1% below its estimated GF Value™ of ฿6.37.
GuruFocus considers TBN PCL to be Significantly Undervalued.
Key valuation signals for BKK:TBN:
PB Ratio: 0.71 (43% below median its 10-year median of 1.24)
GF Value™: ฿6.37 vs. price of ฿3.56 (44.1% below fair value)
Industry Position: 70.7% below the Software median (#281 of 2635)
No single metric tells the full story. See the BKK:TBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBN Corp PCL is Thailand's first low-code solutions provider. The company is engaged in the business of sales and development of software, including consultation on software development. The Company's segments include Digital solutions and technical consultancy services and technical maintenance, licensing, and cloud services, and Other. It offers a range of digital system design and development services, is a digital transformation consultant and solutions developer based on customer needs.
76GF Score
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