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Mandarin Hotel PCLBKK:MANRIN 62 PB Ratio is 1.16 as of Aug. 14, 2026, which is 33% below its 10-year median of 1.72. GuruFocus rates BKK:MANRIN with a GF Score™ of 62/100 and a GF Value™ of ฿32.61 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 794 Travel & Leisure companies, Mandarin Hotel PCL ranks better than 61.34% on this metric.
Mandarin Hotel PCL stock PB Ratio (=1.16) is close to 10-year low of 1.05.
The historical rank and industry rank for Mandarin Hotel PCL's PB Ratio or its related term are showing as below:
BKK:MANRIN'
s PB Ratio Range Over the Past 10 Years
Min: 1.05 Med: 1.72 Max: 2.4
Current: 1.16
During the past 13 years, Mandarin Hotel PCL's highest PB Ratio was 2.40. The lowest was 1.05. And the median was 1.72.
BKK:MANRIN's PB Ratio is ranked better than 61.34% of 794
companies
in the Travel & Leisure industry
Industry Median: 1.51
vs BKK:MANRIN: 1.16
During the past 12 months, Mandarin Hotel PCL's average Book Value Per Share Growth Rate was 8.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mandarin Hotel PCL was 10.50% per year. The lowest was -12.40% per year. And the median was -3.50% per year.
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.
Mandarin Hotel PCL PB Ratio Related Terms
Mandarin Hotel PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for Mandarin Hotel 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.
For the Lodging subindustry, Mandarin Hotel 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.
Mandarin Hotel PCL PB Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Mandarin Hotel PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mandarin Hotel PCL's PB Ratio falls into.
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.
* 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.
Mandarin Hotel PCL (BKK:MANRIN) has a PB Ratio of 1.16 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mandarin Hotel PCL and its competitors. This is 33% below median its historical median of 1.72. Over the past decade, Mandarin Hotel PCL's PB Ratio has ranged from 1.05 to 2.40. According to the industry distribution chart, Mandarin Hotel PCL ranks #307 out of 794 companies in the Travel & Leisure industry, placing it in the top 38.7%.
Is Mandarin Hotel PCL's PB Ratio too high?
Mandarin Hotel PCL's current PB Ratio of 1.16 is 33% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.40. The Travel & Leisure industry median PB Ratio is 1.51. Mandarin Hotel PCL's value of 1.16 is 23.2% below this industry median. Based on the distribution chart, Mandarin Hotel PCL ranks #307 out of 794 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Mandarin Hotel PCL has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mandarin Hotel PCL's PB Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Mandarin Hotel PCL ranks #307 out of 794 companies for PB Ratio. This puts Mandarin Hotel PCL in the upper half of its industry. The industry median PB Ratio is 1.51. Mandarin Hotel PCL's value of 1.16 is 23.2% below this benchmark. Historically, Mandarin Hotel PCL's own PB Ratio has ranged from 1.05 to 2.40 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 1.51, Mandarin Hotel 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 1.51, based on 794 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. Mandarin Hotel PCL's current PB Ratio of 1.16 is 23.2% 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 Mandarin Hotel PCL and its competitors. For the Travel & Leisure industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mandarin Hotel PCL's current PB Ratio is 1.16, which is 33% below median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandarin Hotel PCL stock overvalued right now?
Based on GuruFocus' analysis, Mandarin Hotel PCL (BKK:MANRIN) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿32.61, compared to a current price of ฿21.10 — trading 35.3% below its estimated fair value. The current PB Ratio is 1.16, which is 33% below median its 10-year median of 1.72 and 23.2% below the Travel & Leisure industry median of 1.51. Mandarin Hotel PCL's overall GF Score™ is 62/100 with 2 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 Mandarin Hotel PCL (BKK:MANRIN), the current PB Ratio is 1.16 as of Aug. 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 Mandarin Hotel PCL (BKK:MANRIN) Overvalued in 2026?
Based on GuruFocus' analysis, Mandarin Hotel PCL stock appears to be undervalued.
The current stock price of ฿21.10 is trading 35.3% below its estimated GF Value™ of ฿32.61.
GuruFocus considers Mandarin Hotel PCL to be Significantly Undervalued.
Key valuation signals for BKK:MANRIN:
PB Ratio: 1.16 (33% below median its 10-year median of 1.72)
GF Value™: ฿32.61 vs. price of ฿21.10 (35.3% below fair value)
Industry Position: 23.2% below the Travel & Leisure median (#307 of 794)
No single metric tells the full story. See the BKK:MANRIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mandarin Hotel PCL is engaged in the hotel and resort business. The firm through its hotels and resorts provides accommodation, food and drink, a spa, a swimming pool, a fitness center, catering, and other related services. Its core business segment information involves virtually two geographical segments in the hotel business and hotel for lease which operates only in Thailand. A majority of the company's revenue is generated from the hotel business.
62GF Score
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