City Steel PCLBKK:CITY -0.84%50 PB Ratio is 0.29 as of Jun. 24, 2026, which is 43% below its 10-year median of 0.51. GuruFocus rates BKK:CITY with a GF Score™ of 50/100 and a GF Value™ of ฿1.50 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,986 Industrial Products companies, City Steel PCL ranks better than 98.09% 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 (2026-06-24), City Steel PCL's share price is ฿1.18. City Steel PCL's Book Value per Share for the quarter that ended in Oct. 2025 was ฿4.10. Hence, City Steel PCL's PB Ratio of today is 0.29.
Good Sign:
City Steel PCL stock PB Ratio (=0.29) is close to 10-year low of 0.27.
The historical rank and industry rank for City Steel PCL's PB Ratio or its related term are showing as below:
BKK:CITY'
s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.51 Max: 0.82
Current: 0.29
During the past 13 years, City Steel PCL's highest PB Ratio was 0.82. The lowest was 0.27. And the median was 0.51.
BKK:CITY's PB Ratio is ranked better than 98.09% of 2986
companies
in the Industrial Products industry
Industry Median: 2.32
vs BKK:CITY: 0.29
During the past 12 months, City Steel PCL's average Book Value Per Share Growth Rate was -3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of City Steel PCL was 9.70% per year. The lowest was -2.90% per year. And the median was 1.60% 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.
City Steel PCL PB Ratio Related Terms
City Steel PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for City Steel 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 Metal Fabrication subindustry, City Steel 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.
City Steel PCL PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, City Steel PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where City Steel 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.
City Steel PCL's PB Ratio for today is calculated as follows:
* 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.
City Steel PCL (BKK:CITY) has a PB Ratio of 0.29 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on City Steel PCL and its competitors. This is 43% below median its historical median of 0.51. Over the past decade, City Steel PCL's PB Ratio has ranged from 0.27 to 0.82. According to the industry distribution chart, City Steel PCL ranks #57 out of 2986 companies in the Industrial Products industry, placing it in the top 1.9%.
Is City Steel PCL's PB Ratio too high?
City Steel PCL's current PB Ratio of 0.29 is 43% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.82. The Industrial Products industry median PB Ratio is 2.32. City Steel PCL's value of 0.29 is 87.5% below this industry median. Based on the distribution chart, City Steel PCL ranks #57 out of 2986 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, City Steel PCL has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does City Steel PCL's PB Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, City Steel PCL ranks #57 out of 2986 companies for PB Ratio. This places City Steel PCL in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.32. City Steel PCL's value of 0.29 is 87.5% below this benchmark. Historically, City Steel PCL's own PB Ratio has ranged from 0.27 to 0.82 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 2.32, City Steel 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.32, based on 2,986 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. City Steel PCL's current PB Ratio of 0.29 is 87.5% 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 City Steel PCL and its competitors. For the Industrial Products industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Steel PCL's current PB Ratio is 0.29, which is 43% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, City Steel PCL (BKK:CITY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.50, compared to a current price of ฿1.18 — trading 21.3% below its estimated fair value. The current PB Ratio is 0.29, which is 43% below median its 10-year median of 0.51 and 87.5% below the Industrial Products industry median of 2.32. City Steel PCL's overall GF Score™ is 50/100 with 2 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 City Steel PCL (BKK:CITY), the current PB Ratio is 0.29 as of Jun. 24, 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 City Steel PCL (BKK:CITY) Overvalued in 2026?
Based on GuruFocus' analysis, City Steel PCL stock appears to be undervalued.
The current stock price of ฿1.18 is trading 21.3% below its estimated GF Value™ of ฿1.50.
GuruFocus considers City Steel PCL to be Modestly Undervalued.
Key valuation signals for BKK:CITY:
PB Ratio: 0.29 (43% below median its 10-year median of 0.51)
GF Value™: ฿1.50 vs. price of ฿1.18 (21.3% below fair value)
Industry Position: 87.5% below the Industrial Products median (#57 of 2986)
No single metric tells the full story. See the BKK:CITY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
City Steel PCL is principally engaged in the manufacturing and sale of metal structures, storage systems, and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, the company operates only in Thailand.
50GF Score
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