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TMT Steel PCLBKK:TMT +7.30%71 PB Ratio is 1.01 as of Aug. 07, 2026, which is 47% below its 10-year median of 1.92. GuruFocus rates BKK:TMT with a GF Score™ of 71/100 and a GF Value™ of ฿3.56 (Fairly Valued). The stock has 5 warning signs investors should review. Among 610 Steel companies, TMT Steel PCL ranks better than 53.11% 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 (2026-08-07), TMT Steel PCL's share price is ฿3.82. TMT Steel PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿3.78. Hence, TMT Steel PCL's PB Ratio of today is 1.01.
The historical rank and industry rank for TMT Steel PCL's PB Ratio or its related term are showing as below:
BKK:TMT'
s PB Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.92 Max: 3.07
Current: 1
During the past 13 years, TMT Steel PCL's highest PB Ratio was 3.07. The lowest was 0.74. And the median was 1.92.
BKK:TMT's PB Ratio is ranked better than 53.11% of 610
companies
in the Steel industry
Industry Median: 0.97
vs BKK:TMT: 1.00
During the past 12 months, TMT Steel PCL's average Book Value Per Share Growth Rate was 4.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TMT Steel PCL was 26.70% per year. The lowest was -6.10% per year. And the median was 6.50% 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.
TMT Steel PCL PB Ratio Related Terms
TMT Steel PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for TMT Steel 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 Steel subindustry, TMT Steel 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.
TMT Steel PCL PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, TMT Steel PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where TMT Steel 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.
TMT Steel 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.
TMT Steel PCL (BKK:TMT) has a PB Ratio of 1.01 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TMT Steel PCL and its competitors. This is 47% below median its historical median of 1.92. Over the past decade, TMT Steel PCL's PB Ratio has ranged from 0.74 to 3.07. According to the industry distribution chart, TMT Steel PCL ranks #286 out of 610 companies in the Steel industry, placing it in the top 46.9%.
Is TMT Steel PCL's PB Ratio too high?
TMT Steel PCL's current PB Ratio of 1.01 is 47% below median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 3.07. The Steel industry median PB Ratio is 0.97. TMT Steel PCL's value of 1.01 is 4.1% above this industry median. Based on the distribution chart, TMT Steel PCL ranks #286 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, TMT Steel PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TMT Steel PCL's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, TMT Steel PCL ranks #286 out of 610 companies for PB Ratio. This puts TMT Steel PCL in the upper half of its industry. The industry median PB Ratio is 0.97. TMT Steel PCL's value of 1.01 is 4.1% above this benchmark. Historically, TMT Steel PCL's own PB Ratio has ranged from 0.74 to 3.07 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 0.97, TMT Steel 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 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. TMT Steel PCL's current PB Ratio of 1.01 is 4.1% 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 TMT Steel 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. TMT Steel PCL's current PB Ratio is 1.01, which is 47% below median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMT Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, TMT Steel PCL (BKK:TMT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.56, compared to a current price of ฿3.82 — trading 7.3% above its estimated fair value. The current PB Ratio is 1.01, which is 47% below median its 10-year median of 1.92 and 4.1% above the Steel industry median of 0.97. TMT Steel PCL's overall GF Score™ is 71/100 with 5 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 TMT Steel PCL (BKK:TMT), the current PB Ratio is 1.01 as of Aug. 07, 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 TMT Steel PCL (BKK:TMT) Overvalued in 2026?
Based on GuruFocus' analysis, TMT Steel PCL stock appears to be overvalued.
The current stock price of ฿3.82 is trading 7.3% above its estimated GF Value™ of ฿3.56.
GuruFocus considers TMT Steel PCL to be Fairly Valued.
Key valuation signals for BKK:TMT:
PB Ratio: 1.01 (47% below median its 10-year median of 1.92)
GF Value™: ฿3.56 vs. price of ฿3.82 (7.3% above fair value)
Industry Position: 4.1% above the Steel median (#286 of 610)
No single metric tells the full story. See the BKK:TMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically the business activity functions through the region of Thailand.
71GF Score
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