M.C.S. Steel PCLBKK:MCS 68 PB Ratio is 0.87 as of Jun. 26, 2026, which is 33% below its 10-year median of 1.29. GuruFocus rates BKK:MCS with a GF Score™ of 68/100 and a GF Value™ of ฿6.51 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 612 Steel companies, M.C.S. Steel PCL ranks better than 54.74% 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 (2026-06-26), M.C.S. Steel PCL's share price is ฿7.65. M.C.S. Steel PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿8.77. Hence, M.C.S. Steel PCL's PB Ratio of today is 0.87.
Good Sign:
M.C.S. Steel PCL stock PB Ratio (=0.87) is close to 1-year low of 0.84.
The historical rank and industry rank for M.C.S. Steel PCL's PB Ratio or its related term are showing as below:
BKK:MCS'
s PB Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.29 Max: 3.4
Current: 0.87
During the past 13 years, M.C.S. Steel PCL's highest PB Ratio was 3.40. The lowest was 0.78. And the median was 1.29.
BKK:MCS's PB Ratio is ranked better than 54.74% of 612
companies
in the Steel industry
Industry Median: 0.965
vs BKK:MCS: 0.87
During the past 12 months, M.C.S. Steel PCL's average Book Value Per Share Growth Rate was 3.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of M.C.S. Steel PCL was 29.70% per year. The lowest was -6.80% per year. And the median was 8.10% 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.
M.C.S. Steel PCL PB Ratio Related Terms
M.C.S. Steel PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for M.C.S. Steel 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 Steel subindustry, M.C.S. Steel 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.
M.C.S. Steel PCL PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, M.C.S. Steel PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where M.C.S. Steel 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.
M.C.S. Steel PCL (BKK:MCS) has a PB Ratio of 0.87 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on M.C.S. Steel PCL and its competitors. This is 33% below median its historical median of 1.29. Over the past decade, M.C.S. Steel PCL's PB Ratio has ranged from 0.78 to 3.40. According to the industry distribution chart, M.C.S. Steel PCL ranks #277 out of 612 companies in the Steel industry, placing it in the top 45.3%.
Is M.C.S. Steel PCL's PB Ratio too high?
M.C.S. Steel PCL's current PB Ratio of 0.87 is 33% below median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 3.40. The Steel industry median PB Ratio is 0.97. M.C.S. Steel PCL's value of 0.87 is 9.8% below this industry median. Based on the distribution chart, M.C.S. Steel PCL ranks #277 out of 612 companies in the Steel industry, which is above the industry midpoint. Overall, M.C.S. Steel PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M.C.S. Steel PCL's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, M.C.S. Steel PCL ranks #277 out of 612 companies for PB Ratio. This puts M.C.S. Steel PCL in the upper half of its industry. The industry median PB Ratio is 0.97. M.C.S. Steel PCL's value of 0.87 is 9.8% below this benchmark. Historically, M.C.S. Steel PCL's own PB Ratio has ranged from 0.78 to 3.40 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 0.97, M.C.S. Steel 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 612 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. M.C.S. Steel PCL's current PB Ratio of 0.87 is 9.8% 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 M.C.S. Steel PCL and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M.C.S. Steel PCL's current PB Ratio is 0.87, which is 33% below median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.C.S. Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, M.C.S. Steel PCL (BKK:MCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.51, compared to a current price of ฿7.65 — trading 17.5% above its estimated fair value. The current PB Ratio is 0.87, which is 33% below median its 10-year median of 1.29 and 9.8% below the Steel industry median of 0.97. M.C.S. Steel PCL's overall GF Score™ is 68/100 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 M.C.S. Steel PCL (BKK:MCS), the current PB Ratio is 0.87 as of Jun. 26, 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 M.C.S. Steel PCL (BKK:MCS) Overvalued in 2026?
Based on GuruFocus' analysis, M.C.S. Steel PCL stock appears to be overvalued.
The current stock price of ฿7.65 is trading 17.5% above its estimated GF Value™ of ฿6.51.
GuruFocus considers M.C.S. Steel PCL to be Modestly Overvalued.
Key valuation signals for BKK:MCS:
PB Ratio: 0.87 (33% below median its 10-year median of 1.29)
GF Value™: ฿6.51 vs. price of ฿7.65 (17.5% above fair value)
Industry Position: 9.8% below the Steel median (#277 of 612)
No single metric tells the full story. See the BKK:MCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M.C.S. Steel PCL is engaged in the production and distribution of structural steel products for building construction and residential development projects for sale. It provides and exports steel structure works for various projects. The company's services include engineering design, parts, and quality control. The company's product and services portfolio includes Fabrication and sale of structural steel of which substantial income is earned, Fabrication including installation of structural steel, and Rendering of services. The business operates in three geographical segments: Thailand, Japan, and China. Key revenue is earned from domestic sales.
68GF Score
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