Ratchthani Leasing PCLBKK:THANI-R 60 PB Ratio is 1.27 as of Jun. 26, 2026, which is 39% below its 10-year median of 2.09. GuruFocus rates BKK:THANI-R with a GF Score™ of 60/100 and a GF Value™ of ฿2.83. The stock has 6 warning signs investors should review. Among 523 Credit Services companies, Ratchthani Leasing PCL ranks better than 65.77% on this metric.
Ratchthani Leasing PCL stock PB Ratio (=0.73) is close to 1-year low of 0.66.
The historical rank and industry rank for Ratchthani Leasing PCL's PB Ratio or its related term are showing as below:
BKK:THANI-R'
s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 2.09 Max: 4.91
Current: 0.73
During the past 13 years, Ratchthani Leasing PCL's highest PB Ratio was 4.91. The lowest was 0.55. And the median was 2.09.
BKK:THANI-R's PB Ratio is ranked better than 65.77% of 523
companies
in the Credit Services industry
Industry Median: 1.07
vs BKK:THANI-R: 0.73
During the past 12 months, Ratchthani Leasing PCL's average Book Value Per Share Growth Rate was 5.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ratchthani Leasing PCL was 22.10% per year. The lowest was -14.30% per year. And the median was 12.90% per year.
Back to Basics: PB Ratio
Ratchthani Leasing PCL (BKK:THANI-R) 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 Credit Services subindustry, Ratchthani Leasing 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.
Ratchthani Leasing PCL PB Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Ratchthani Leasing PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ratchthani Leasing 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.
Ratchthani Leasing PCL (BKK:THANI-R) has a PB Ratio of 1.27 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ratchthani Leasing PCL and its competitors. This is 39% below median its historical median of 2.09. Over the past decade, Ratchthani Leasing PCL's PB Ratio has ranged from 0.55 to 4.91. According to the industry distribution chart, Ratchthani Leasing PCL ranks #179 out of 523 companies in the Credit Services industry, placing it in the top 34.2%.
Is Ratchthani Leasing PCL's PB Ratio too high?
Ratchthani Leasing PCL's current PB Ratio of 1.27 is 39% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 4.91. The Credit Services industry median PB Ratio is 1.07. Ratchthani Leasing PCL's value of 1.27 is 18.7% above this industry median. Based on the distribution chart, Ratchthani Leasing PCL ranks #179 out of 523 companies in the Credit Services industry, which is above the industry midpoint. Overall, Ratchthani Leasing PCL has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Ratchthani Leasing PCL's PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Ratchthani Leasing PCL ranks #179 out of 523 companies for PB Ratio. This puts Ratchthani Leasing PCL in the upper half of its industry. The industry median PB Ratio is 1.07. Ratchthani Leasing PCL's value of 1.27 is 18.7% above this benchmark. Historically, Ratchthani Leasing PCL's own PB Ratio has ranged from 0.55 to 4.91 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.07, Ratchthani Leasing 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 Credit Services company?
The median PB Ratio among Credit Services companies is 1.07, based on 523 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. Ratchthani Leasing PCL's current PB Ratio of 1.27 is 18.7% 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 Ratchthani Leasing PCL and its competitors. For the Credit Services industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratchthani Leasing PCL's current PB Ratio is 1.27, which is 39% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratchthani Leasing PCL stock overvalued right now?
Ratchthani Leasing PCL (BKK:THANI-R) has a current PB Ratio of 1.27. The stock's GF Value™ is ฿2.83, compared to a current price of ฿2.94 — trading 3.9% above its estimated fair value. The current PB Ratio is 1.27, which is 39% below median its 10-year median of 2.09 and 18.7% above the Credit Services industry median of 1.07. Ratchthani Leasing PCL's overall GF Score™ is 60/100 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 Ratchthani Leasing PCL (BKK:THANI-R), the current PB Ratio is 1.27 as of Jun. 26, 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 Ratchthani Leasing PCL (BKK:THANI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ratchthani Leasing PCL stock appears to be overvalued.
The current stock price of ฿2.94 is trading 3.9% above its estimated GF Value™ of ฿2.83.
Key valuation signals for BKK:THANI-R:
PB Ratio: 1.27 (39% below median its 10-year median of 2.09)
GF Value™: ฿2.83 vs. price of ฿2.94 (3.9% above fair value)
Industry Position: 18.7% above the Credit Services median (#179 of 523)
No single metric tells the full story. See the BKK:THANI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratchthani Leasing PCL is engaged in providing financial services specifically hire-purchase and leasing. It conducts business by providing hire-purchase credit services and financial leasing services for commercial cars, vehicles, and other assets, including one-stop relevant services. The company's business consists of primary activities, including inbound logistics management, operations, outbound logistics, marketing and sales, and customer services.
60GF Score
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