BKK:BAFS's PB Ratio is ranked better than 56.64% of 971
companies
in the Transportation industry
Industry Median: 1.25
vs BKK:BAFS: 1.11
During the past 12 months, Bangkok Aviation Fuel Services PCL's average Book Value Per Share Growth Rate was -0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bangkok Aviation Fuel Services PCL was 11.00% per year. The lowest was -51.30% per year. And the median was 5.40% per year.
Back to Basics: PB Ratio
Bangkok Aviation Fuel Services PCL (BKK:BAFS) 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.
Bangkok Aviation Fuel Services PCL PB Ratio Related Terms
Bangkok Aviation Fuel Services PCL PB Ratio Historical Data
* 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 Airports & Air Services subindustry, Bangkok Aviation Fuel Services 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 Aviation Fuel Services PCL PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Bangkok Aviation Fuel Services PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bangkok Aviation Fuel Services PCL's PB Ratio falls into.
Bangkok Aviation Fuel Services 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.
* 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 Aviation Fuel Services PCL (BKK:BAFS) has a PB Ratio of 1.11 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 Aviation Fuel Services PCL and its competitors. This is 66% below median its historical median of 3.31. Over the past decade, Bangkok Aviation Fuel Services PCL's PB Ratio has ranged from 0.82 to 5.24. According to the industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #421 out of 971 companies in the Transportation industry, placing it in the top 43.4%.
Is Bangkok Aviation Fuel Services PCL's PB Ratio too high?
Bangkok Aviation Fuel Services PCL's current PB Ratio of 1.11 is 66% below median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 5.24. The Transportation industry median PB Ratio is 1.25. Bangkok Aviation Fuel Services PCL's value of 1.11 is 11.2% below this industry median. Based on the distribution chart, Bangkok Aviation Fuel Services PCL ranks #421 out of 971 companies in the Transportation industry, which is above the industry midpoint. Overall, Bangkok Aviation Fuel Services PCL has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Aviation Fuel Services PCL's PB Ratio compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Bangkok Aviation Fuel Services PCL ranks #421 out of 971 companies for PB Ratio. This puts Bangkok Aviation Fuel Services PCL in the upper half of its industry. The industry median PB Ratio is 1.25. Bangkok Aviation Fuel Services PCL's value of 1.11 is 11.2% below this benchmark. Historically, Bangkok Aviation Fuel Services PCL's own PB Ratio has ranged from 0.82 to 5.24 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 1.25, Bangkok Aviation Fuel Services PCL has consistently been below 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 971 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 Aviation Fuel Services PCL's current PB Ratio of 1.11 is 11.2% below 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 Aviation Fuel Services 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 Aviation Fuel Services PCL's current PB Ratio is 1.11, which is 66% below median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Aviation Fuel Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL (BKK:BAFS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿15.58, compared to a current price of ฿9.50 — trading 39% below its estimated fair value. The current PB Ratio is 1.11, which is 66% below median its 10-year median of 3.31 and 11.2% below the Transportation industry median of 1.25. Bangkok Aviation Fuel Services PCL's overall GF Score™ is 69/100 with 9 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 Aviation Fuel Services PCL (BKK:BAFS), the current PB Ratio is 1.11 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 Aviation Fuel Services PCL (BKK:BAFS) Overvalued in 2026?
Based on GuruFocus' analysis, Bangkok Aviation Fuel Services PCL stock appears to be undervalued.
The current stock price of ฿9.50 is trading 39% below its estimated GF Value™ of ฿15.58.
GuruFocus considers Bangkok Aviation Fuel Services PCL to be Possible Value Trap.
Key valuation signals for BKK:BAFS:
PB Ratio: 1.11 (66% below median its 10-year median of 3.31)
GF Value™: ฿15.58 vs. price of ฿9.50 (39% below fair value)
Industry Position: 11.2% below the Transportation median (#421 of 971)
No single metric tells the full story. See the BKK:BAFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangkok Aviation Fuel Services PCL Business Description
Bangkok Aviation Fuel Services PCL provides fuel services and storage for multiple airports in Thailand. The company has three operating segments: The aviation segment, the Utility and Power segment, and the business solution segment. The aviation segment provides in-plane service, manufacture, and assembly of hydrant dispensers. The utilities and power segment provides fuel pipeline transportation services, as well as the generation and distribution of electricity from solar power to the government. The business solution segment involves the development, design, manufacture, and sales of innovation and digital products, including the provision of other services. The majority of its revenue is generated from the Aviation segment.
69GF Score
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