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The historical rank and industry rank for Capital Engineering Network PCL's PB Ratio or its related term are showing as below:
BKK:CEN'
s PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.59 Max: 1.38
Current: 0.38
During the past 13 years, Capital Engineering Network PCL's highest PB Ratio was 1.38. The lowest was 0.15. And the median was 0.59.
BKK:CEN's PB Ratio is ranked better than 83.25% of 609
companies
in the Steel industry
Industry Median: 0.96
vs BKK:CEN: 0.38
During the past 12 months, Capital Engineering Network PCL's average Book Value Per Share Growth Rate was -16.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -6.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -6.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Capital Engineering Network PCL was 31.90% per year. The lowest was -13.50% per year. And the median was -1.80% per year.
Back to Basics: PB Ratio
Capital Engineering Network PCL (BKK:CEN) 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.
Capital Engineering Network PCL PB Ratio Related Terms
Capital Engineering Network 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 Steel subindustry, Capital Engineering Network 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.
Capital Engineering Network PCL PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Capital Engineering Network PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Capital Engineering Network PCL's PB Ratio falls into.
Capital Engineering Network 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.
Capital Engineering Network PCL (BKK:CEN) has a PB Ratio of 0.38 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Capital Engineering Network PCL and its competitors. This is 36% below median its historical median of 0.59. Over the past decade, Capital Engineering Network PCL's PB Ratio has ranged from 0.15 to 1.38. According to the industry distribution chart, Capital Engineering Network PCL ranks #102 out of 609 companies in the Steel industry, placing it in the top 16.7%.
Is Capital Engineering Network PCL's PB Ratio too high?
Capital Engineering Network PCL's current PB Ratio of 0.38 is 36% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 1.38. The Steel industry median PB Ratio is 0.96. Capital Engineering Network PCL's value of 0.38 is 60.4% below this industry median. Based on the distribution chart, Capital Engineering Network PCL ranks #102 out of 609 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Capital Engineering Network PCL has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capital Engineering Network PCL's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Capital Engineering Network PCL ranks #102 out of 609 companies for PB Ratio. This places Capital Engineering Network PCL in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. Capital Engineering Network PCL's value of 0.38 is 60.4% below this benchmark. Historically, Capital Engineering Network PCL's own PB Ratio has ranged from 0.15 to 1.38 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.96, Capital Engineering Network 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 609 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. Capital Engineering Network PCL's current PB Ratio of 0.38 is 60.4% 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 Capital Engineering Network PCL and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Engineering Network PCL's current PB Ratio is 0.38, which is 36% below median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Engineering Network PCL stock overvalued right now?
Based on GuruFocus' analysis, Capital Engineering Network PCL (BKK:CEN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.41, compared to a current price of ฿0.60 — trading 57.4% below its estimated fair value. The current PB Ratio is 0.38, which is 36% below median its 10-year median of 0.59 and 60.4% below the Steel industry median of 0.96. Capital Engineering Network PCL's overall GF Score™ is 37/100 with 4 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 Capital Engineering Network PCL (BKK:CEN), the current PB Ratio is 0.38 as of Jul. 14, 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 Capital Engineering Network PCL (BKK:CEN) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Engineering Network PCL stock appears to be undervalued.
The current stock price of ฿0.60 is trading 57.4% below its estimated GF Value™ of ฿1.41.
GuruFocus considers Capital Engineering Network PCL to be Possible Value Trap.
Key valuation signals for BKK:CEN:
PB Ratio: 0.38 (36% below median its 10-year median of 0.59)
GF Value™: ฿1.41 vs. price of ฿0.60 (57.4% below fair value)
Industry Position: 60.4% below the Steel median (#102 of 609)
No single metric tells the full story. See the BKK:CEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Engineering Network PCL Business Description
Capital Engineering Network PCL is engaged in the production and distribution of engineering construction material, transmission tower and renewable energy, and telecom implementation services. The operating segments of the group are investing in other companies segment, steel wire segment, production and distribution of high voltage transmission tower and telecommunication tower, electricity and thermal energy segment, distribution of goods segment, telecom implementation service segment and clinic service segment. It has a business presence in Thailand and the Philippines, of which a majority of revenue is derived from Thailand and Steel Wire Segment.
37GF Score
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