Banpu Power PCL (BKK:BPP-R) PB Ratio: 0.55 (As of Jun. 27, 2026) — 51% Below Median


BKK:BPP-R Banpu Power PCL BKK:BPP-R
82 GF Score
Price ฿10.10
GF Value ฿10.29
! 6 Warning Signs
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What is Banpu Power PCL PB Ratio?

Banpu Power PCL BKK:BPP-R 82 PB Ratio is 0.55 as of Jun. 27, 2026, which is 51% below its 10-year median of 1.12. GuruFocus rates BKK:BPP-R with a GF Score™ of 82/100 and a GF Value™ of ฿10.29. The stock has 6 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, Banpu Power PCL ranks better than 81.4% 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 (2026-06-27), Banpu Power PCL's share price is ฿10.10. Banpu Power PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿18.44. Hence, Banpu Power PCL's PB Ratio of today is 0.55.

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

BKK:BPP-R' s PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.12   Max: 2.35
Current: 0.61

During the past 13 years, Banpu Power PCL's highest PB Ratio was 2.35. The lowest was 0.39. And the median was 1.12.

BKK:BPP-R's PB Ratio is ranked better than
81.4% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.355 vs BKK:BPP-R: 0.61

During the past 12 months, Banpu Power PCL's average Book Value Per Share Growth Rate was 11.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Banpu Power PCL was 92.10% per year. The lowest was -0.10% per year. And the median was 5.55% per year.

Back to Basics: PB Ratio


Banpu Power PCL  (BKK:BPP-R) 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.


Banpu Power PCL PB Ratio Related Terms


Banpu Power PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Banpu Power 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.

Banpu Power PCL PB Ratio Chart

Banpu Power 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 1.13 0.98 0.87 0.75 0.64

Banpu Power 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 0.74 0.75 0.50 0.64 0.55

BKK:BPP-R vs CEG, VST, NRG: PB Ratio Comparison

For the Utilities - Independent Power Producers subindustry, Banpu Power 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.


Banpu Power PCL PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Banpu Power PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Banpu Power PCL's PB Ratio falls into.


BKK:BPP-R
82GF Score
Banpu Power PCL BKK:BPP-R
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banpu Power 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.

Banpu Power PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=10.10/18.44
=0.55

* 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 0.55 mean?
Banpu Power PCL (BKK:BPP-R) has a PB Ratio of 0.55 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Banpu Power PCL and its competitors. This is 51% below median its historical median of 1.12. Over the past decade, Banpu Power PCL's PB Ratio has ranged from 0.39 to 2.35. According to the industry distribution chart, Banpu Power PCL ranks #80 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.6%.
Is Banpu Power PCL's PB Ratio too high?
Banpu Power PCL's current PB Ratio of 0.55 is 51% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 2.35. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. Banpu Power PCL's value of 0.55 is 59.4% below this industry median. Based on the distribution chart, Banpu Power PCL ranks #80 out of 430 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Banpu Power PCL has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Banpu Power PCL's PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Banpu Power PCL ranks #80 out of 430 companies for PB Ratio. This places Banpu Power PCL in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.36. Banpu Power PCL's value of 0.55 is 59.4% below this benchmark. Historically, Banpu Power PCL's own PB Ratio has ranged from 0.39 to 2.35 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.36, Banpu Power 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.36, based on 430 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. Banpu Power PCL's current PB Ratio of 0.55 is 59.4% 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 Banpu Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banpu Power PCL's current PB Ratio is 0.55, which is 51% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banpu Power PCL stock overvalued right now?
Banpu Power PCL (BKK:BPP-R) has a current PB Ratio of 0.55. The stock's GF Value™ is ฿10.29, compared to a current price of ฿10.10 — trading 1.8% below its estimated fair value. The current PB Ratio is 0.55, which is 51% below median its 10-year median of 1.12 and 59.4% below the Utilities - Independent Power Producers industry median of 1.36. Banpu Power PCL's overall GF Score™ is 82/100 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 Banpu Power PCL (BKK:BPP-R), the current PB Ratio is 0.55 as of Jun. 27, 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 Banpu Power PCL (BKK:BPP-R) Overvalued in 2026?

Based on GuruFocus' analysis, Banpu Power PCL stock appears to be undervalued. The current stock price of ฿10.10 is trading 1.8% below its estimated GF Value™ of ฿10.29.

Key valuation signals for BKK:BPP-R:

  • PB Ratio: 0.55 (51% below median its 10-year median of 1.12)
  • GF Value™: ฿10.29 vs. price of ฿10.10 (1.8% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 59.4% below the Utilities - Independent Power Producers median (#80 of 430)

No single metric tells the full story. See the BKK:BPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banpu Power PCL Business Description

Other Exchanges BPP:Thailand
Address 1550 New Petchburi Road, 26th Floor, Thanapoom Tower, Makkasan, Ratchathewi, Bangkok, THA, 10400
Banpu Power PCL is engaged in investments in power businesses in Thailand and overseas. The business activities of the group include the generation and sale of electricity and other related business. The company's business segments include Power+: Power generation from thermal and renewable energy sources, both domestically and internationally. Second segment being Future Tech: Battery energy storage systems, solar rooftop and floating solar systems, battery production, energy trading, e-mobility, and energy efficiency businesses. Geographically, the company has its presence in the United States which is the key revenue driver, China, and other regions.
82GF Score

Get the complete analysis for BKK:BPP-R

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

฿10.10
Price
฿10.29
GF Value