Chememan PCL (BKK:CMAN) PB Ratio: 0.94 (As of Jul. 22, 2026) — Near Median

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BKK:CMAN Chememan PCL BKK:CMAN
71 GF Score
Price ฿2.84
GF Value ฿2.18
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Chememan PCL PB Ratio?

Chememan PCL BKK:CMAN +1.43% 71 PB Ratio is 0.94 as of Jul. 22, 2026, which is 7% above its 10-year median of 0.88. GuruFocus rates BKK:CMAN with a GF Score™ of 71/100 and a GF Value™ of ฿2.18 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,575 Chemicals companies, Chememan PCL ranks better than 73.78% 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 (2026-07-22), Chememan PCL's share price is ฿2.84. Chememan PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿3.01. Hence, Chememan PCL's PB Ratio of today is 0.94.

Warning Sign:

Chememan PCL stock PB Ratio (=0.94) is close to 3-year high of 0.97.

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

BKK:CMAN' s PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.88   Max: 3.6
Current: 0.94

During the past 11 years, Chememan PCL's highest PB Ratio was 3.60. The lowest was 0.43. And the median was 0.88.

BKK:CMAN's PB Ratio is ranked better than
73.78% of 1575 companies
in the Chemicals industry
Industry Median: 1.63 vs BKK:CMAN: 0.94

During the past 12 months, Chememan PCL's average Book Value Per Share Growth Rate was 9.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.40% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Chememan PCL was 34.60% per year. The lowest was -0.40% per year. And the median was 5.85% per year.

Back to Basics: PB Ratio


Chememan PCL  (BKK:CMAN) 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.


Chememan PCL PB Ratio Related Terms


Chememan PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Chememan 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.

Chememan PCL PB Ratio Chart

Chememan 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 0.96 0.84 0.84 0.86 0.84

Chememan 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 0.84 0.80 0.92 0.84 0.86

BKK:CMAN vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Chememan 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.


Chememan PCL PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chememan PCL's PB Ratio distribution charts can be found below:

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


BKK:CMAN
71GF Score
Chememan PCL BKK:CMAN
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chememan 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.84/3.014
=0.94

* 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 0.94 mean?
Chememan PCL (BKK:CMAN) has a PB Ratio of 0.94 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chememan PCL and its competitors. This is near median its historical median of 0.88. Over the past decade, Chememan PCL's PB Ratio has ranged from 0.43 to 3.60. According to the industry distribution chart, Chememan PCL ranks #413 out of 1575 companies in the Chemicals industry, placing it in the top 26.2%.
Is Chememan PCL's PB Ratio too high?
Chememan PCL's current PB Ratio of 0.94 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 3.60. The Chemicals industry median PB Ratio is 1.63. Chememan PCL's value of 0.94 is 42.3% below this industry median. Based on the distribution chart, Chememan PCL ranks #413 out of 1575 companies in the Chemicals industry, which is above the industry midpoint. Overall, Chememan PCL has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chememan PCL's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Chememan PCL ranks #413 out of 1575 companies for PB Ratio. This puts Chememan PCL in the upper half of its industry. The industry median PB Ratio is 1.63. Chememan PCL's value of 0.94 is 42.3% below this benchmark. Historically, Chememan PCL's own PB Ratio has ranged from 0.43 to 3.60 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.63, Chememan 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.63, based on 1,575 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. Chememan PCL's current PB Ratio of 0.94 is 42.3% 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 Chememan PCL and its competitors. For the Chemicals industry, the median PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chememan PCL's current PB Ratio is 0.94, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chememan PCL stock overvalued right now?
Based on GuruFocus' analysis, Chememan PCL (BKK:CMAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.18, compared to a current price of ฿2.84 — trading 30.3% above its estimated fair value. The current PB Ratio is 0.94, which is near median its 10-year median of 0.88 and 42.3% below the Chemicals industry median of 1.63. Chememan PCL's overall GF Score™ is 71/100 with 5 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 Chememan PCL (BKK:CMAN), the current PB Ratio is 0.94 as of Jul. 22, 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 Chememan PCL (BKK:CMAN) Overvalued in 2026?

Based on GuruFocus' analysis, Chememan PCL stock appears to be overvalued. The current stock price of ฿2.84 is trading 30.3% above its estimated GF Value™ of ฿2.18. GuruFocus considers Chememan PCL to be Modestly Overvalued.

Key valuation signals for BKK:CMAN:

  • PB Ratio: 0.94 (near median its 10-year median of 0.88)
  • GF Value™: ฿2.18 vs. price of ฿2.84 (30.3% above fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 42.3% below the Chemicals median (#413 of 1575)

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


Chememan PCL Business Description

Address Rajadapisek Road, 195/11-12 Lake Rajada Office Complex 2, 10th-11th Floor, Klongtoey, Bangkok, THA, 10110
Chememan PCL is engaged in the manufacture and distribution of mineral lime products. The company transforms natural resources into basic and specialty chemicals and synthetic products. Its product offerings include quicklime (Calcium Oxide, CaO), hydrated lime (Calcium Hydroxide, Ca(OH)2), as well as chemical grade and construction limestone (Calcium Carbonate, CaCO3). The group's business operations involve two geographic segments: the company, which is incorporated in Thailand, manufactures and distributes minerals and chemicals; and the subsidiaries, which are incorporated overseas, manufacture and distribute minerals and chemicals. The majority of the group's revenue is derived from its business in Thailand, and the rest from overseas markets.
71GF Score

Get the complete analysis for BKK:CMAN

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

฿2.84
Price
฿2.18
GF Value