Central Retail PCL (BKK:CRC) PB Ratio: 1.99 (As of Jul. 14, 2026) — 42% 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:CRC Central Retail Corp PCL BKK:CRC
75 GF Score
Price ฿23.10
GF Value ฿30.55
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Central Retail PCL PB Ratio?

Central Retail PCL BKK:CRC +0.43% 75 PB Ratio is 1.99 as of Jul. 14, 2026, which is 42% below its 10-year median of 3.45. GuruFocus rates BKK:CRC with a GF Score™ of 75/100 and a GF Value™ of ฿30.55 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,076 Retail - Cyclical companies, Central Retail PCL ranks worse than 62.27% 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), Central Retail PCL's share price is ฿23.10. Central Retail PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿11.59. Hence, Central Retail PCL's PB Ratio of today is 1.99.

Warning Sign:

Central Retail Corp PCL stock PB Ratio (=2) is close to 1-year high of 2.14.

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

BKK:CRC' s PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 3.45   Max: 10.03
Current: 1.99

During the past 10 years, Central Retail PCL's highest PB Ratio was 10.03. The lowest was 1.38. And the median was 3.45.

BKK:CRC's PB Ratio is ranked worse than
62.27% of 1076 companies
in the Retail - Cyclical industry
Industry Median: 1.465 vs BKK:CRC: 1.99

During the past 12 months, Central Retail PCL's average Book Value Per Share Growth Rate was -2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Central Retail PCL was 35.80% per year. The lowest was -19.10% per year. And the median was 1.80% per year.

Back to Basics: PB Ratio


Central Retail PCL  (BKK:CRC) 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.


Central Retail PCL PB Ratio Related Terms


Central Retail PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Central Retail 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.

Central Retail PCL PB Ratio Chart

Central Retail 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 3.42 4.49 3.69 2.97 1.66

Central Retail 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 2.11 1.59 1.96 1.66 1.61

BKK:CRC vs DDS, M: PB Ratio Comparison

For the Department Stores subindustry, Central Retail 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.


Central Retail PCL PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Central Retail PCL's PB Ratio distribution charts can be found below:

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


BKK:CRC
75GF Score
Central Retail Corp PCL BKK:CRC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central Retail 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=23.10/11.585
=1.99

* 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 1.99 mean?
Central Retail PCL (BKK:CRC) has a PB Ratio of 1.99 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 Central Retail PCL and its competitors. This is 42% below median its historical median of 3.45. Over the past decade, Central Retail PCL's PB Ratio has ranged from 1.38 to 10.03. According to the industry distribution chart, Central Retail PCL ranks #670 out of 1076 companies in the Retail - Cyclical industry, placing it in the top 62.3%.
Is Central Retail PCL's PB Ratio too high?
Central Retail PCL's current PB Ratio of 1.99 is 42% below median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 10.03. The Retail - Cyclical industry median PB Ratio is 1.47. Central Retail PCL's value of 1.99 is 35.8% above this industry median. Based on the distribution chart, Central Retail PCL ranks #670 out of 1076 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Central Retail PCL has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Retail PCL's PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Central Retail PCL ranks #670 out of 1076 companies for PB Ratio. This places Central Retail PCL in the lower half of its industry. The industry median PB Ratio is 1.47. Central Retail PCL's value of 1.99 is 35.8% above this benchmark. Historically, Central Retail PCL's own PB Ratio has ranged from 1.38 to 10.03 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 1.47, Central Retail PCL has consistently been above 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.47, based on 1,076 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. Central Retail PCL's current PB Ratio of 1.99 is 35.8% above 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 Central Retail PCL and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Retail PCL's current PB Ratio is 1.99, which is 42% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Retail PCL stock overvalued right now?
Based on GuruFocus' analysis, Central Retail PCL (BKK:CRC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿30.55, compared to a current price of ฿23.10 — trading 24.4% below its estimated fair value. The current PB Ratio is 1.99, which is 42% below median its 10-year median of 3.45 and 35.8% above the Retail - Cyclical industry median of 1.47. Central Retail PCL's overall GF Score™ is 75/100 with 9 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 Central Retail PCL (BKK:CRC), the current PB Ratio is 1.99 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 Central Retail PCL (BKK:CRC) Overvalued in 2026?

Based on GuruFocus' analysis, Central Retail PCL stock appears to be undervalued. The current stock price of ฿23.10 is trading 24.4% below its estimated GF Value™ of ฿30.55. GuruFocus considers Central Retail PCL to be Modestly Undervalued.

Key valuation signals for BKK:CRC:

  • PB Ratio: 1.99 (42% below median its 10-year median of 3.45)
  • GF Value™: ฿30.55 vs. price of ฿23.10 (24.4% below fair value)
  • GF Score™: 75/100 with 9 warning signs
  • Industry Position: 35.8% above the Retail - Cyclical median (#670 of 1076)

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


Central Retail PCL Business Description

Other Exchanges CRC-F:Thailand
Address Ploenchit Road, 22 Soi Somkid,, Kwang Lumpini, Khet Phathumvan, Bangkok, THA, 10330
Central Retail Corp PCL is a multi-format and multi-category retailing platform in Thailand. It is a pioneer in omnichannel retailing in Thailand, complementing its retail store network and merchandise offerings with positions among store-based retailers in online traffic. The company operates under a diverse slate of retail banners divided into three segments: Hardline, Food Products, and Fashion. The majority is generated from Food Products. Geographically, the majority of revenue is from Thailand, and also has its presence in Italy, Vietnam, and Others.
75GF Score

Get the complete analysis for BKK:CRC

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

฿23.10
Price
฿30.55
GF Value