Bangkok Airways PCLBKK:BA +3.95%67 PB Ratio is 2.52 as of Jun. 26, 2026, which is 70% above its 10-year median of 1.48. GuruFocus rates BKK:BA with a GF Score™ of 67/100 and a GF Value™ of ฿19.49 (Fairly Valued). The stock has 8 warning signs investors should review. Among 970 Transportation companies, Bangkok Airways PCL ranks worse than 77.94% on this metric.
The historical rank and industry rank for Bangkok Airways PCL's PB Ratio or its related term are showing as below:
BKK:BA'
s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 1.48 Max: 2.93
Current: 2.52
During the past 13 years, Bangkok Airways PCL's highest PB Ratio was 2.93. The lowest was 0.28. And the median was 1.48.
BKK:BA's PB Ratio is ranked worse than 77.94% of 970
companies
in the Transportation industry
Industry Median: 1.25
vs BKK:BA: 2.52
During the past 12 months, Bangkok Airways PCL's average Book Value Per Share Growth Rate was -3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -9.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bangkok Airways PCL was 70.30% per year. The lowest was -24.40% per year. And the median was -0.65% 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.
Bangkok Airways PCL PB Ratio Related Terms
Bangkok Airways PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for Bangkok Airways 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 Airlines subindustry, Bangkok Airways 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.
Bangkok Airways PCL PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Bangkok Airways PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bangkok Airways 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.
Bangkok Airways PCL (BKK:BA) has a PB Ratio of 2.52 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 Bangkok Airways PCL and its competitors. This is 70% above median its historical median of 1.48. Over the past decade, Bangkok Airways PCL's PB Ratio has ranged from 0.28 to 2.93. According to the industry distribution chart, Bangkok Airways PCL ranks #756 out of 970 companies in the Transportation industry, placing it in the top 77.9%.
Is Bangkok Airways PCL's PB Ratio too high?
Bangkok Airways PCL's current PB Ratio of 2.52 is 70% above median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 2.93. The Transportation industry median PB Ratio is 1.25. Bangkok Airways PCL's value of 2.52 is 101.6% above this industry median. Based on the distribution chart, Bangkok Airways PCL ranks #756 out of 970 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Bangkok Airways PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Airways PCL's PB Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Bangkok Airways PCL ranks #756 out of 970 companies for PB Ratio. This places Bangkok Airways PCL in the lower half of its industry. The industry median PB Ratio is 1.25. Bangkok Airways PCL's value of 2.52 is 101.6% above this benchmark. Historically, Bangkok Airways PCL's own PB Ratio has ranged from 0.28 to 2.93 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.25, Bangkok Airways 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 Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 970 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. Bangkok Airways PCL's current PB Ratio of 2.52 is 101.6% 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 Bangkok Airways PCL and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Airways PCL's current PB Ratio is 2.52, which is 70% above median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Airways PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Airways PCL (BKK:BA) is currently considered Fairly Valued. The stock's GF Value™ is ฿19.49, compared to a current price of ฿18.40 — trading 5.6% below its estimated fair value. The current PB Ratio is 2.52, which is 70% above median its 10-year median of 1.48 and 101.6% above the Transportation industry median of 1.25. Bangkok Airways PCL's overall GF Score™ is 67/100 with 8 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 Bangkok Airways PCL (BKK:BA), the current PB Ratio is 2.52 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 Bangkok Airways PCL (BKK:BA) Overvalued in 2026?
Based on GuruFocus' analysis, Bangkok Airways PCL stock appears to be undervalued.
The current stock price of ฿18.40 is trading 5.6% below its estimated GF Value™ of ฿19.49.
GuruFocus considers Bangkok Airways PCL to be Fairly Valued.
Key valuation signals for BKK:BA:
PB Ratio: 2.52 (70% above median its 10-year median of 1.48)
GF Value™: ฿19.49 vs. price of ฿18.40 (5.6% below fair value)
Industry Position: 101.6% above the Transportation median (#756 of 970)
No single metric tells the full story. See the BKK:BA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangkok Airways PCL is principally engaged in the provision of air transportation and airport services. It operates in three segments; The airline segment sells tickets and provides services to passengers, the airport segment provides location services for passengers and airlines, and the supporting airline business segment, which provides ground handling, cargo, and catering services for airlines and customers. The majority of its revenue is from the Airline segment. It mainly operates in Thailand.
67GF Score
Get the complete analysis for BKK:BA
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:BA has been successfully added to your 
