Dusit Thani PCL (BKK:DUSIT) PB Ratio: 1.41 (As of Jul. 15, 2026) — 21% 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:DUSIT Dusit Thani PCL BKK:DUSIT
69 GF Score
Price ฿11.50
GF Value ฿14.78
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Dusit Thani PCL PB Ratio?

Dusit Thani PCL BKK:DUSIT 69 PB Ratio is 1.41 as of Jul. 15, 2026, which is 21% below its 10-year median of 1.78. GuruFocus rates BKK:DUSIT with a GF Score™ of 69/100 and a GF Value™ of ฿14.78 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 792 Travel & Leisure companies, Dusit Thani PCL ranks better than 52.27% 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 (2026-07-15), Dusit Thani PCL's share price is ฿11.50. Dusit Thani PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿8.17. Hence, Dusit Thani PCL's PB Ratio of today is 1.41.

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

BKK:DUSIT' s PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.78   Max: 3.91
Current: 1.41

During the past 13 years, Dusit Thani PCL's highest PB Ratio was 3.91. The lowest was 0.86. And the median was 1.78.

BKK:DUSIT's PB Ratio is ranked better than
52.27% of 792 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs BKK:DUSIT: 1.41

During the past 12 months, Dusit Thani PCL's average Book Value Per Share Growth Rate was -4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dusit Thani PCL was 29.90% per year. The lowest was -12.90% per year. And the median was 1.00% per year.

Back to Basics: PB Ratio


Dusit Thani PCL  (BKK:DUSIT) 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.


Dusit Thani PCL PB Ratio Related Terms


Dusit Thani PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Dusit Thani 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.

Dusit Thani PCL PB Ratio Chart

Dusit Thani 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 2.60 2.28 2.13 1.24 1.37

Dusit Thani 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 1.02 0.98 1.62 1.37 1.25

BKK:DUSIT vs MAR, HLT, H: PB Ratio Comparison

For the Lodging subindustry, Dusit Thani 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.


Dusit Thani PCL PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dusit Thani PCL's PB Ratio distribution charts can be found below:

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


BKK:DUSIT
69GF Score
Dusit Thani PCL BKK:DUSIT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dusit Thani 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=11.50/8.166
=1.41

* 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 1.41 mean?
Dusit Thani PCL (BKK:DUSIT) has a PB Ratio of 1.41 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dusit Thani PCL and its competitors. This is 21% below median its historical median of 1.78. Over the past decade, Dusit Thani PCL's PB Ratio has ranged from 0.86 to 3.91. According to the industry distribution chart, Dusit Thani PCL ranks #378 out of 792 companies in the Travel & Leisure industry, placing it in the top 47.7%.
Is Dusit Thani PCL's PB Ratio too high?
Dusit Thani PCL's current PB Ratio of 1.41 is 21% below median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 3.91. The Travel & Leisure industry median PB Ratio is 1.49. Dusit Thani PCL's value of 1.41 is 5.4% below this industry median. Based on the distribution chart, Dusit Thani PCL ranks #378 out of 792 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Dusit Thani PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dusit Thani PCL's PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Dusit Thani PCL ranks #378 out of 792 companies for PB Ratio. This puts Dusit Thani PCL in the upper half of its industry. The industry median PB Ratio is 1.49. Dusit Thani PCL's value of 1.41 is 5.4% below this benchmark. Historically, Dusit Thani PCL's own PB Ratio has ranged from 0.86 to 3.91 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.49, Dusit Thani 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 Travel & Leisure company?
The median PB Ratio among Travel & Leisure companies is 1.49, based on 792 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. Dusit Thani PCL's current PB Ratio of 1.41 is 5.4% 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 Dusit Thani PCL and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dusit Thani PCL's current PB Ratio is 1.41, which is 21% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dusit Thani PCL stock overvalued right now?
Based on GuruFocus' analysis, Dusit Thani PCL (BKK:DUSIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿14.78, compared to a current price of ฿11.50 — trading 22.2% below its estimated fair value. The current PB Ratio is 1.41, which is 21% below median its 10-year median of 1.78 and 5.4% below the Travel & Leisure industry median of 1.49. Dusit Thani PCL's overall GF Score™ is 69/100 with 7 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 Dusit Thani PCL (BKK:DUSIT), the current PB Ratio is 1.41 as of Jul. 15, 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 Dusit Thani PCL (BKK:DUSIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dusit Thani PCL stock appears to be undervalued. The current stock price of ฿11.50 is trading 22.2% below its estimated GF Value™ of ฿14.78. GuruFocus considers Dusit Thani PCL to be Modestly Undervalued.

Key valuation signals for BKK:DUSIT:

  • PB Ratio: 1.41 (21% below median its 10-year median of 1.78)
  • GF Value™: ฿14.78 vs. price of ฿11.50 (22.2% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 5.4% below the Travel & Leisure median (#378 of 792)

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


Dusit Thani PCL Business Description

Address Phayathai Roadvai, 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330
Dusit Thani PCL is engaged in the operation of hotel business, hotel management, education, food and real estate development. Its segments include Hotel and hotel management, Education, Foods, Real estate development, and Others. The majority of the revenue is derived from Hotel and hotel management segment. Geographically it operates in Thailand and Overseas.
69GF Score

Get the complete analysis for BKK:DUSIT

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

฿11.50
Price
฿14.78
GF Value