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The historical rank and industry rank for Muang Thai Insurance PCL's PB Ratio or its related term are showing as below:
BKK:MTI'
s PB Ratio Range Over the Past 10 Years
Min: 0.73 Med: 1.09 Max: 1.81
Current: 1.22
During the past 13 years, Muang Thai Insurance PCL's highest PB Ratio was 1.81. The lowest was 0.73. And the median was 1.09.
BKK:MTI's PB Ratio is ranked better than 58.75% of 497
companies
in the Insurance industry
Industry Median: 1.37
vs BKK:MTI: 1.22
During the past 12 months, Muang Thai Insurance PCL's average Book Value Per Share Growth Rate was 11.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Muang Thai Insurance PCL was 14.80% per year. The lowest was -7.40% per year. And the median was 4.70% per year.
Back to Basics: PB Ratio
Muang Thai Insurance PCL (BKK:MTI) PB Ratio Explanation
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.
* 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 Insurance - Property & Casualty subindustry, Muang Thai Insurance 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.
Muang Thai Insurance PCL PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Muang Thai Insurance PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Muang Thai Insurance 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.
Muang Thai Insurance PCL (BKK:MTI) has a PB Ratio of 1.22 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Muang Thai Insurance PCL and its competitors. This is 12% above median its historical median of 1.09. Over the past decade, Muang Thai Insurance PCL's PB Ratio has ranged from 0.73 to 1.81. According to the industry distribution chart, Muang Thai Insurance PCL ranks #205 out of 497 companies in the Insurance industry, placing it in the top 41.2%.
Is Muang Thai Insurance PCL's PB Ratio too high?
Muang Thai Insurance PCL's current PB Ratio of 1.22 is 12% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.81. The Insurance industry median PB Ratio is 1.37. Muang Thai Insurance PCL's value of 1.22 is 10.9% below this industry median. Based on the distribution chart, Muang Thai Insurance PCL ranks #205 out of 497 companies in the Insurance industry, which is above the industry midpoint. Overall, Muang Thai Insurance PCL has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Muang Thai Insurance PCL's PB Ratio compare to CB and PGR?
According to the Insurance industry distribution chart, Muang Thai Insurance PCL ranks #205 out of 497 companies for PB Ratio. This puts Muang Thai Insurance PCL in the upper half of its industry. The industry median PB Ratio is 1.37. Muang Thai Insurance PCL's value of 1.22 is 10.9% below this benchmark. Historically, Muang Thai Insurance PCL's own PB Ratio has ranged from 0.73 to 1.81 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.37, Muang Thai Insurance 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 an Insurance company?
The median PB Ratio among Insurance companies is 1.37, based on 497 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. Muang Thai Insurance PCL's current PB Ratio of 1.22 is 10.9% 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 Muang Thai Insurance PCL and its competitors. For the Insurance industry, the median PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muang Thai Insurance PCL's current PB Ratio is 1.22, which is 12% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muang Thai Insurance PCL stock overvalued right now?
Based on GuruFocus' analysis, Muang Thai Insurance PCL (BKK:MTI) is currently considered Fairly Valued. The stock's GF Value™ is ฿16.08, compared to a current price of ฿17.70 — trading 10.1% above its estimated fair value. The current PB Ratio is 1.22, which is 12% above median its 10-year median of 1.09 and 10.9% below the Insurance industry median of 1.37. Muang Thai Insurance PCL's overall GF Score™ is 69/100 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 Muang Thai Insurance PCL (BKK:MTI), the current PB Ratio is 1.22 as of Jul. 24, 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 Muang Thai Insurance PCL (BKK:MTI) Overvalued in 2026?
Based on GuruFocus' analysis, Muang Thai Insurance PCL stock appears to be overvalued.
The current stock price of ฿17.70 is trading 10.1% above its estimated GF Value™ of ฿16.08.
GuruFocus considers Muang Thai Insurance PCL to be Fairly Valued.
Key valuation signals for BKK:MTI:
PB Ratio: 1.22 (12% above median its 10-year median of 1.09)
GF Value™: ฿16.08 vs. price of ฿17.70 (10.1% above fair value)
Industry Position: 10.9% below the Insurance median (#205 of 497)
No single metric tells the full story. See the BKK:MTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Muang Thai Insurance PCL is an insurance company whose core business is non-life insurance. As such, the company provides services including motor, property, marine, transportation, engineering, personal accident, health, special products, liability, and miscellaneous insurance. The company organizes its operations into two segments: Motor and Non-Motor Products. Motor products include insure of compulsory and voluntary motor; Non-motor products include insure of property, marine and transportation, fire, engineering, personal accident and health, special products and liability and miscellaneous insurance. It generates its revenue from the premium income both direct premiums and reinsurance premiums, including the fees and commissions received.
69GF Score
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