CH. Karnchang PCL (BKK:CK) PB Ratio: 1.09 (As of Jul. 14, 2026) — 22% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:CK CH. Karnchang PCL BKK:CK
86 GF Score
Price ฿18.60
GF Value ฿22.51
Valuation Modestly Undervalued
! 11 Warning Signs
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What is CH. Karnchang PCL PB Ratio?

CH. Karnchang PCL BKK:CK -4.12% 86 PB Ratio is 1.09 as of Jul. 14, 2026, which is 22% below its 10-year median of 1.39. GuruFocus rates BKK:CK with a GF Score™ of 86/100 and a GF Value™ of ฿22.51 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,719 Construction companies, CH. Karnchang PCL ranks better than 55.9% 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 (2026-07-14), CH. Karnchang PCL's share price is ฿18.60. CH. Karnchang PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿17.11. Hence, CH. Karnchang PCL's PB Ratio of today is 1.09.

Warning Sign:

CH. Karnchang PCL stock PB Ratio (=1.16) is close to 1-year high of 1.18.

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

BKK:CK' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.39   Max: 2.67
Current: 1.09

During the past 13 years, CH. Karnchang PCL's highest PB Ratio was 2.67. The lowest was 0.70. And the median was 1.39.

BKK:CK's PB Ratio is ranked better than
55.9% of 1719 companies
in the Construction industry
Industry Median: 1.32 vs BKK:CK: 1.09

During the past 12 months, CH. Karnchang PCL's average Book Value Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.90% 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 2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CH. Karnchang PCL was 44.20% per year. The lowest was -6.50% per year. And the median was 3.55% per year.

Back to Basics: PB Ratio


CH. Karnchang PCL  (BKK:CK) 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.


CH. Karnchang PCL PB Ratio Related Terms


CH. Karnchang PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for CH. Karnchang 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.

CH. Karnchang PCL PB Ratio Chart

CH. Karnchang 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 1.48 1.68 1.38 1.25 0.71

CH. Karnchang 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 0.90 0.72 0.92 0.71 0.91

BKK:CK vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, CH. Karnchang 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.


CH. Karnchang PCL PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, CH. Karnchang PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where CH. Karnchang PCL's PB Ratio falls into.


BKK:CK
86GF Score
CH. Karnchang PCL BKK:CK
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CH. Karnchang 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.

CH. Karnchang PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=18.60/17.114
=1.09

* 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 1.09 mean?
CH. Karnchang PCL (BKK:CK) has a PB Ratio of 1.09 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 CH. Karnchang PCL and its competitors. This is 22% below median its historical median of 1.39. Over the past decade, CH. Karnchang PCL's PB Ratio has ranged from 0.70 to 2.67. According to the industry distribution chart, CH. Karnchang PCL ranks #758 out of 1719 companies in the Construction industry, placing it in the top 44.1%.
Is CH. Karnchang PCL's PB Ratio too high?
CH. Karnchang PCL's current PB Ratio of 1.09 is 22% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.67. The Construction industry median PB Ratio is 1.32. CH. Karnchang PCL's value of 1.09 is 17.4% below this industry median. Based on the distribution chart, CH. Karnchang PCL ranks #758 out of 1719 companies in the Construction industry, which is above the industry midpoint. Overall, CH. Karnchang PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CH. Karnchang PCL's PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, CH. Karnchang PCL ranks #758 out of 1719 companies for PB Ratio. This puts CH. Karnchang PCL in the upper half of its industry. The industry median PB Ratio is 1.32. CH. Karnchang PCL's value of 1.09 is 17.4% below this benchmark. Historically, CH. Karnchang PCL's own PB Ratio has ranged from 0.70 to 2.67 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 1.32, CH. Karnchang 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,719 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. CH. Karnchang PCL's current PB Ratio of 1.09 is 17.4% 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 CH. Karnchang PCL and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CH. Karnchang PCL's current PB Ratio is 1.09, which is 22% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CH. Karnchang PCL stock overvalued right now?
Based on GuruFocus' analysis, CH. Karnchang PCL (BKK:CK) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿22.51, compared to a current price of ฿18.60 — trading 17.4% below its estimated fair value. The current PB Ratio is 1.09, which is 22% below median its 10-year median of 1.39 and 17.4% below the Construction industry median of 1.32. CH. Karnchang PCL's overall GF Score™ is 86/100 with 11 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 CH. Karnchang PCL (BKK:CK), the current PB Ratio is 1.09 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 CH. Karnchang PCL (BKK:CK) Overvalued in 2026?

Based on GuruFocus' analysis, CH. Karnchang PCL stock appears to be undervalued. The current stock price of ฿18.60 is trading 17.4% below its estimated GF Value™ of ฿22.51. GuruFocus considers CH. Karnchang PCL to be Modestly Undervalued.

Key valuation signals for BKK:CK:

  • PB Ratio: 1.09 (22% below median its 10-year median of 1.39)
  • GF Value™: ฿22.51 vs. price of ฿18.60 (17.4% below fair value)
  • GF Score™: 86/100 with 11 warning signs
  • Industry Position: 17.4% below the Construction median (#758 of 1719)

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


CH. Karnchang PCL Business Description

Other Exchanges NYVC:Germany
Address 587 Suthisarn Winitchai Road, Khwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CH. Karnchang PCL is engaged in the provision of construction services. Its construction services include public transport systems, airports, roads, expressways, bridges, energy, water, port systems, and buildings. The Group is principally engaged in construction and provision of related services and investment in infrastructure, and the two geographic areas in which these activities are carried on are Thailand and the Lao People's Democratic Republic.
86GF Score

Get the complete analysis for BKK:CK

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

฿18.60
Price
฿22.51
GF Value