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Thai Cane Paper Public Company Limited (BKK:TCP) PB Ratio : 1.30 (As of May. 16, 2024)


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What is Thai Cane Paper Public Company Limited PB Ratio?

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 (2024-05-16), Thai Cane Paper Public Company Limited's share price is ฿21.00. Thai Cane Paper Public Company Limited's Book Value per Share for the quarter that ended in Sep. 2013 was ฿16.22. Hence, Thai Cane Paper Public Company Limited's PB Ratio of today is 1.30.

The historical rank and industry rank for Thai Cane Paper Public Company Limited's PB Ratio or its related term are showing as below:

BKK:TCP's PB Ratio is not ranked *
in the Forest Products industry.
Industry Median: 0.97
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Thai Cane Paper Public Company Limited PB Ratio Historical Data

The historical data trend for Thai Cane Paper Public Company Limited'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.

* Premium members only.

Thai Cane Paper Public Company Limited PB Ratio Chart

Thai Cane Paper Public Company Limited Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.77 1.06 0.98 1.16

Thai Cane Paper Public Company Limited Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 1.12 1.16 1.18 1.27 1.23

Competitive Comparison of Thai Cane Paper Public Company Limited's PB Ratio

For the Paper & Paper Products subindustry, Thai Cane Paper Public Company Limited'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.


Thai Cane Paper Public Company Limited's PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Thai Cane Paper Public Company Limited's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thai Cane Paper Public Company Limited's PB Ratio falls into.



Thai Cane Paper Public Company Limited 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.

Thai Cane Paper Public Company Limited's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2013)
=21.00/16.216
=1.30

* 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.


Thai Cane Paper Public Company Limited  (BKK:TCP) 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.


Thai Cane Paper Public Company Limited PB Ratio Related Terms

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Thai Cane Paper Public Company Limited (BKK:TCP) Business Description

Traded in Other Exchanges
N/A
Address
Thai Cane Paper Public Company Limited manufactures and sells kraft paper used in the manufacture of packaging, such as corrugated box, paper cement bags, envelopes and core paper in Thailand. The Company's products are categorized into two groups i.e. kraft liner board which is used in making packaging surfaces and kraft paper which is used for making corrugated medium. The Company offers numerous grade of products to meet the diverse market demand.

Thai Cane Paper Public Company Limited (BKK:TCP) Headlines

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