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AIRA Capital PCLBKK:AIRA -1.96%45 PB Ratio is 2.05 as of Jul. 15, 2026, which is 37% below its 10-year median of 3.26. GuruFocus rates BKK:AIRA with a GF Score™ of 45/100 and a GF Value™ of ฿1.37 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 778 Capital Markets companies, AIRA Capital PCL ranks worse than 64.52% 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 (2026-07-15), AIRA Capital PCL's share price is ฿1.01. AIRA Capital PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿0.49. Hence, AIRA Capital PCL's PB Ratio of today is 2.05.
The historical rank and industry rank for AIRA Capital PCL's PB Ratio or its related term are showing as below:
BKK:AIRA'
s PB Ratio Range Over the Past 10 Years
Min: 1.32 Med: 3.26 Max: 4.83
Current: 2.03
During the past 13 years, AIRA Capital PCL's highest PB Ratio was 4.83. The lowest was 1.32. And the median was 3.26.
BKK:AIRA's PB Ratio is ranked worse than 64.52% of 778
companies
in the Capital Markets industry
Industry Median: 1.34
vs BKK:AIRA: 2.03
During the past 12 months, AIRA Capital 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 -5.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of AIRA Capital PCL was 38.70% per year. The lowest was -5.10% per year. And the median was -1.25% 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.
AIRA Capital PCL PB Ratio Related Terms
AIRA Capital PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for AIRA Capital 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 Capital Markets subindustry, AIRA Capital 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.
AIRA Capital PCL PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, AIRA Capital PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where AIRA Capital 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.
AIRA Capital PCL (BKK:AIRA) has a PB Ratio of 2.05 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AIRA Capital PCL and its competitors. This is 37% below median its historical median of 3.26. Over the past decade, AIRA Capital PCL's PB Ratio has ranged from 1.32 to 4.83. According to the industry distribution chart, AIRA Capital PCL ranks #502 out of 778 companies in the Capital Markets industry, placing it in the top 64.5%.
Is AIRA Capital PCL's PB Ratio too high?
AIRA Capital PCL's current PB Ratio of 2.05 is 37% below median its 10-year median of 3.26. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 4.83. The Capital Markets industry median PB Ratio is 1.34. AIRA Capital PCL's value of 2.05 is 53% above this industry median. Based on the distribution chart, AIRA Capital PCL ranks #502 out of 778 companies in the Capital Markets industry, which is below the industry midpoint. Overall, AIRA Capital PCL has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AIRA Capital PCL's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, AIRA Capital PCL ranks #502 out of 778 companies for PB Ratio. This places AIRA Capital PCL in the lower half of its industry. The industry median PB Ratio is 1.34. AIRA Capital PCL's value of 2.05 is 53% above this benchmark. Historically, AIRA Capital PCL's own PB Ratio has ranged from 1.32 to 4.83 over the past decade. While the company's 10-year median is 3.26 vs. the industry median of 1.34, AIRA Capital 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.34, based on 778 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. AIRA Capital PCL's current PB Ratio of 2.05 is 53% 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 AIRA Capital PCL and its competitors. For the Capital Markets industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIRA Capital PCL's current PB Ratio is 2.05, which is 37% below median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIRA Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, AIRA Capital PCL (BKK:AIRA) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.37, compared to a current price of ฿1.01 — trading 26.3% below its estimated fair value. The current PB Ratio is 2.05, which is 37% below median its 10-year median of 3.26 and 53% above the Capital Markets industry median of 1.34. AIRA Capital PCL's overall GF Score™ is 45/100 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 AIRA Capital PCL (BKK:AIRA), the current PB Ratio is 2.05 as of Jul. 15, 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 AIRA Capital PCL (BKK:AIRA) Overvalued in 2026?
Based on GuruFocus' analysis, AIRA Capital PCL stock appears to be undervalued.
The current stock price of ฿1.01 is trading 26.3% below its estimated GF Value™ of ฿1.37.
GuruFocus considers AIRA Capital PCL to be Modestly Undervalued.
Key valuation signals for BKK:AIRA:
PB Ratio: 2.05 (37% below median its 10-year median of 3.26)
GF Value™: ฿1.37 vs. price of ฿1.01 (26.3% below fair value)
Industry Position: 53% above the Capital Markets median (#502 of 778)
No single metric tells the full story. See the BKK:AIRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AIRA Capital PCL is an investment firm investing in other companies. The company operates business segments namely Securities and investment business segment, which services a securities and derivatives brokerage, securities trading and investment; Advisory and investment banking segment, which services an investment and financial advisory, underwriting and private fund management; Factoring segment, which purchases account receivables; Rental and service business segment, which engages in finance lease, hire purchase and operating lease for industrial equipment and machines and Property development segment which involves the development of properties. It derives the majority of its income from brokerage fees, management fees, and interest and dividends on investments.
45GF Score
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