Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Country Group Holdings PCLBKK:CGH 40 PB Ratio is 0.38 as of Jul. 26, 2026, which is 37% below its 10-year median of 0.60. GuruFocus rates BKK:CGH with a GF Score™ of 40/100 and a GF Value™ of ฿0.58 (Fairly Valued). The stock has 6 warning signs investors should review. Among 778 Capital Markets companies, Country Group Holdings PCL ranks better than 88.69% on this metric.
The historical rank and industry rank for Country Group Holdings PCL's PB Ratio or its related term are showing as below:
BKK:CGH'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.6 Max: 1.36
Current: 0.38
During the past 13 years, Country Group Holdings PCL's highest PB Ratio was 1.36. The lowest was 0.29. And the median was 0.60.
BKK:CGH's PB Ratio is ranked better than 88.69% of 778
companies
in the Capital Markets industry
Industry Median: 1.305
vs BKK:CGH: 0.38
During the past 12 months, Country Group Holdings PCL's average Book Value Per Share Growth Rate was -1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Country Group Holdings PCL was 26.00% per year. The lowest was -12.50% per year. And the median was 3.10% per year.
Back to Basics: PB Ratio
Country Group Holdings PCL (BKK:CGH) 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.
Country Group Holdings PCL PB Ratio Related Terms
Country Group Holdings 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 Capital Markets subindustry, Country Group Holdings 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.
Country Group Holdings PCL PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Country Group Holdings PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Country Group Holdings 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.
Country Group Holdings PCL (BKK:CGH) has a PB Ratio of 0.38 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Country Group Holdings PCL and its competitors. This is 37% below median its historical median of 0.60. Over the past decade, Country Group Holdings PCL's PB Ratio has ranged from 0.29 to 1.36. According to the industry distribution chart, Country Group Holdings PCL ranks #88 out of 778 companies in the Capital Markets industry, placing it in the top 11.3%.
Is Country Group Holdings PCL's PB Ratio too high?
Country Group Holdings PCL's current PB Ratio of 0.38 is 37% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.36. The Capital Markets industry median PB Ratio is 1.31. Country Group Holdings PCL's value of 0.38 is 70.9% below this industry median. Based on the distribution chart, Country Group Holdings PCL ranks #88 out of 778 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Country Group Holdings PCL has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Country Group Holdings PCL's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Country Group Holdings PCL ranks #88 out of 778 companies for PB Ratio. This places Country Group Holdings PCL in the top 11% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.31. Country Group Holdings PCL's value of 0.38 is 70.9% below this benchmark. Historically, Country Group Holdings PCL's own PB Ratio has ranged from 0.29 to 1.36 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.31, Country Group Holdings 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.31, 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. Country Group Holdings PCL's current PB Ratio of 0.38 is 70.9% 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 Country Group Holdings PCL and its competitors. For the Capital Markets industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Country Group Holdings PCL's current PB Ratio is 0.38, which is 37% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Country Group Holdings PCL (BKK:CGH) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.58, compared to a current price of ฿0.55 — trading 5.2% below its estimated fair value. The current PB Ratio is 0.38, which is 37% below median its 10-year median of 0.60 and 70.9% below the Capital Markets industry median of 1.31. Country Group Holdings PCL's overall GF Score™ is 40/100 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 Country Group Holdings PCL (BKK:CGH), the current PB Ratio is 0.38 as of Jul. 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 Country Group Holdings PCL (BKK:CGH) Overvalued in 2026?
Based on GuruFocus' analysis, Country Group Holdings PCL stock appears to be undervalued.
The current stock price of ฿0.55 is trading 5.2% below its estimated GF Value™ of ฿0.58.
GuruFocus considers Country Group Holdings PCL to be Fairly Valued.
Key valuation signals for BKK:CGH:
PB Ratio: 0.38 (37% below median its 10-year median of 0.60)
GF Value™: ฿0.58 vs. price of ฿0.55 (5.2% below fair value)
Industry Position: 70.9% below the Capital Markets median (#88 of 778)
No single metric tells the full story. See the BKK:CGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Country Group Holdings PCL is principally engaged in investment in potential securities. The company has four operating segments that are Securities and Derivatives brokerage which is the key revenue-generating segment; Investment Banking; and securities and derivatives trading segment, Investment banking segment, and Comprising the Group's digital assets trading. The company derives revenue through brokerage fees, service income, and Interest on margin loans. The company's operations are carried out in Thailand.
40GF Score
Get the complete analysis for BKK:CGH
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:CGH has been successfully added to your 
