Techlead Next PCL (BKK:TL) PB Ratio: 2.63 (As of Jul. 19, 2026) — 92% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BKK:TL Techlead Next PCL BKK:TL
36 GF Score
Price ฿0.40
! 2 Warning Signs
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What is Techlead Next PCL PB Ratio?

Techlead Next PCL BKK:TL +2.56% 36 PB Ratio is 2.63 as of Jul. 19, 2026, which is 92% above its 10-year median of 1.37. GuruFocus rates BKK:TL with a GF Score™ of 36/100. The stock has 2 warning signs investors should review. Among 2,629 Software companies, Techlead Next PCL ranks worse than 53.78% 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 (2026-07-19), Techlead Next PCL's share price is ฿0.40. Techlead Next PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿0.15. Hence, Techlead Next PCL's PB Ratio of today is 2.63.

Good Sign:

Techlead Next PCL stock PB Ratio (=2.63) is close to 1-year low of 2.37.

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

BKK:TL' s PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.37   Max: 6.11
Current: 2.63

During the past 13 years, Techlead Next PCL's highest PB Ratio was 6.11. The lowest was 0.38. And the median was 1.37.

BKK:TL's PB Ratio is ranked worse than
53.78% of 2629 companies
in the Software industry
Industry Median: 2.39 vs BKK:TL: 2.63

During the past 12 months, Techlead Next PCL's average Book Value Per Share Growth Rate was 181.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -42.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -31.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -12.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Techlead Next PCL was 16.00% per year. The lowest was -61.60% per year. And the median was -2.00% per year.

Back to Basics: PB Ratio


Techlead Next PCL  (BKK:TL) 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.


Techlead Next PCL PB Ratio Related Terms


Techlead Next PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Techlead Next 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.

Techlead Next PCL PB Ratio Chart

Techlead Next PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 1.05 2.97 7.97 2.55

Techlead Next PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only 7.22 5.05 4.31 2.55 2.37

BKK:TL vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, Techlead Next 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.


Techlead Next PCL PB Ratio vs Software Industry

For the Software industry and Technology sector, Techlead Next PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Techlead Next PCL's PB Ratio falls into.


BKK:TL
36GF Score
Techlead Next PCL BKK:TL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Techlead Next 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.

Techlead Next PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.40/0.152
=2.63

* 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 2.63 mean?
Techlead Next PCL (BKK:TL) has a PB Ratio of 2.63 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Techlead Next PCL and its competitors. This is 92% above median its historical median of 1.37. Over the past decade, Techlead Next PCL's PB Ratio has ranged from 0.38 to 6.11. According to the industry distribution chart, Techlead Next PCL ranks #1414 out of 2629 companies in the Software industry, placing it in the top 53.8%.
Is Techlead Next PCL's PB Ratio too high?
Techlead Next PCL's current PB Ratio of 2.63 is 92% above median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 6.11. The Software industry median PB Ratio is 2.39. Techlead Next PCL's value of 2.63 is 10% above this industry median. Based on the distribution chart, Techlead Next PCL ranks #1414 out of 2629 companies in the Software industry, which is below the industry midpoint. Overall, Techlead Next PCL has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Techlead Next PCL's PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Techlead Next PCL ranks #1414 out of 2629 companies for PB Ratio. This places Techlead Next PCL in the lower half of its industry. The industry median PB Ratio is 2.39. Techlead Next PCL's value of 2.63 is 10% above this benchmark. Historically, Techlead Next PCL's own PB Ratio has ranged from 0.38 to 6.11 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 2.39, Techlead Next 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 Software company?
The median PB Ratio among Software companies is 2.39, based on 2,629 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. Techlead Next PCL's current PB Ratio of 2.63 is 10% 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 Techlead Next PCL and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techlead Next PCL's current PB Ratio is 2.63, which is 92% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techlead Next PCL stock overvalued right now?
Techlead Next PCL (BKK:TL) has a current PB Ratio of 2.63. The current PB Ratio is 2.63, which is 92% above median its 10-year median of 1.37 and 10% above the Software industry median of 2.39. Techlead Next PCL's overall GF Score™ is 36/100 with 2 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 Techlead Next PCL (BKK:TL), the current PB Ratio is 2.63 as of Jul. 19, 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.

Techlead Next PCL Business Description

Address Sukhumvit Road, 1319 A-PAC Tower, 26th Floor, Phra Khanong Nuea Subdistrict, Watthana District, Bangkok, THA, 10110
Techlead Next PCL operates as a provider of diverse technology solutions, offering a range of services including secure online payment systems (Payment Gateway) that connect buyers and sellers. It also offers digital media communication services for brand engagement and develops customized campaigns and software solutions tailored to different industry requirements.
36GF Score

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

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