General Engineering PCL (BKK:GEL) PB Ratio: 0.11 (As of Jul. 21, 2026) — 71% Below Median

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What is General Engineering PCL PB Ratio?

General Engineering PCL BKK:GEL -25.00% PB Ratio is 0.11 as of Jul. 21, 2026, which is 71% below its 10-year median of 0.38. The stock has 6 warning signs investors should review. Among 398 Building Materials companies, General Engineering PCL ranks better than 97.99% 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 (2026-07-21), General Engineering PCL's share price is ฿0.03. General Engineering PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿0.26. Hence, General Engineering PCL's PB Ratio of today is 0.11.

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

BKK:GEL' s PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.38   Max: 0.71
Current: 0.11

During the past 13 years, General Engineering PCL's highest PB Ratio was 0.71. The lowest was 0.07. And the median was 0.38.

BKK:GEL's PB Ratio is ranked better than
97.99% of 398 companies
in the Building Materials industry
Industry Median: 1.14 vs BKK:GEL: 0.11

During the past 12 months, General Engineering PCL's average Book Value Per Share Growth Rate was -17.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -20.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -18.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of General Engineering PCL was 18.00% per year. The lowest was -50.20% per year. And the median was -7.90% per year.

Back to Basics: PB Ratio


General Engineering PCL  (BKK:GEL) 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.


General Engineering PCL PB Ratio Related Terms


General Engineering PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for General Engineering 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.

General Engineering PCL PB Ratio Chart

General Engineering 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 0.53 0.47 0.47 0.24 0.07

General Engineering 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 0.16 0.13 0.14 0.07 0.15

BKK:GEL vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, General Engineering 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.


General Engineering PCL PB Ratio vs Building Materials Industry

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

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



General Engineering 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.03/0.263
=0.11

* 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 0.11 mean?
General Engineering PCL (BKK:GEL) has a PB Ratio of 0.11 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on General Engineering PCL and its competitors. This is 71% below median its historical median of 0.38. Over the past decade, General Engineering PCL's PB Ratio has ranged from 0.07 to 0.71. According to the industry distribution chart, General Engineering PCL ranks #8 out of 398 companies in the Building Materials industry, placing it in the top 2%.
Is General Engineering PCL's PB Ratio too high?
General Engineering PCL's current PB Ratio of 0.11 is 71% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.71. The Building Materials industry median PB Ratio is 1.14. General Engineering PCL's value of 0.11 is 90.4% below this industry median. Based on the distribution chart, General Engineering PCL ranks #8 out of 398 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers.
How does General Engineering PCL's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, General Engineering PCL ranks #8 out of 398 companies for PB Ratio. This places General Engineering PCL in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.14. General Engineering PCL's value of 0.11 is 90.4% below this benchmark. Historically, General Engineering PCL's own PB Ratio has ranged from 0.07 to 0.71 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 1.14, General Engineering 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.14, based on 398 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. General Engineering PCL's current PB Ratio of 0.11 is 90.4% 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 General Engineering PCL and its competitors. For the Building Materials industry, the median PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Engineering PCL's current PB Ratio is 0.11, which is 71% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, General Engineering PCL (BKK:GEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.03 — trading 25% below its estimated fair value. The current PB Ratio is 0.11, which is 71% below median its 10-year median of 0.38 and 90.4% below the Building Materials industry median of 1.14. 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 General Engineering PCL (BKK:GEL), the current PB Ratio is 0.11 as of Jul. 21, 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.

General Engineering PCL Business Description

Address 44/2 Moo 2 Tivanont Road, Bangkadi, Muang Pathumthani, Pathumthani, Pathumthani, THA, 12000
General Engineering PCL is engaged in the manufacturing and selling of construction material, prestressed concrete piles, precast concrete, glass fiber reinforced concrete, cementation products and post-tensioned slab, prestressed spun concrete piles, the special qualified PC wire and PC Strand and providing the construction and installation services for such products. Its operating segments are Manufacturing and distribution of concrete products, which is the key revenue-generating segment; Construction services; and Manufacturing and distribution of PC wire and PC strand. The company and its subsidiaries operate in Thailand only.