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Pioneer Motor PCLBKK:PIMO 78 PB Ratio is 0.71 as of Jul. 18, 2026, which is 69% below its 10-year median of 2.32. GuruFocus rates BKK:PIMO with a GF Score™ of 78/100 and a GF Value™ of ฿1.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,982 Industrial Products companies, Pioneer Motor PCL ranks better than 86.49% on this metric.
Pioneer Motor PCL stock PB Ratio (=0.71) is close to 10-year low of 0.66.
The historical rank and industry rank for Pioneer Motor PCL's PB Ratio or its related term are showing as below:
BKK:PIMO'
s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 2.32 Max: 8.08
Current: 0.71
During the past 12 years, Pioneer Motor PCL's highest PB Ratio was 8.08. The lowest was 0.66. And the median was 2.32.
BKK:PIMO's PB Ratio is ranked better than 86.49% of 2982
companies
in the Industrial Products industry
Industry Median: 2.14
vs BKK:PIMO: 0.71
During the past 12 months, Pioneer Motor PCL's average Book Value Per Share Growth Rate was 3.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Pioneer Motor PCL was 21.20% per year. The lowest was 4.60% per year. And the median was 11.20% 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.
Pioneer Motor PCL PB Ratio Related Terms
Pioneer Motor PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for Pioneer Motor 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 Specialty Industrial Machinery subindustry, Pioneer Motor 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.
Pioneer Motor PCL PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pioneer Motor PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Pioneer Motor 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.
Pioneer Motor PCL (BKK:PIMO) has a PB Ratio of 0.71 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Pioneer Motor PCL and its competitors. This is 69% below median its historical median of 2.32. Over the past decade, Pioneer Motor PCL's PB Ratio has ranged from 0.66 to 8.08. According to the industry distribution chart, Pioneer Motor PCL ranks #403 out of 2982 companies in the Industrial Products industry, placing it in the top 13.5%.
Is Pioneer Motor PCL's PB Ratio too high?
Pioneer Motor PCL's current PB Ratio of 0.71 is 69% below median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 8.08. The Industrial Products industry median PB Ratio is 2.14. Pioneer Motor PCL's value of 0.71 is 66.8% below this industry median. Based on the distribution chart, Pioneer Motor PCL ranks #403 out of 2982 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pioneer Motor PCL has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Motor PCL's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pioneer Motor PCL ranks #403 out of 2982 companies for PB Ratio. This places Pioneer Motor PCL in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.14. Pioneer Motor PCL's value of 0.71 is 66.8% below this benchmark. Historically, Pioneer Motor PCL's own PB Ratio has ranged from 0.66 to 8.08 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 2.14, Pioneer Motor 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Pioneer Motor PCL's current PB Ratio of 0.71 is 66.8% 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 Pioneer Motor PCL and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Motor PCL's current PB Ratio is 0.71, which is 69% below median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Motor PCL stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Motor PCL (BKK:PIMO) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.30, compared to a current price of ฿1.10 — trading 15.4% below its estimated fair value. The current PB Ratio is 0.71, which is 69% below median its 10-year median of 2.32 and 66.8% below the Industrial Products industry median of 2.14. Pioneer Motor PCL's overall GF Score™ is 78/100 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 Pioneer Motor PCL (BKK:PIMO), the current PB Ratio is 0.71 as of Jul. 18, 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 Pioneer Motor PCL (BKK:PIMO) Overvalued in 2026?
Based on GuruFocus' analysis, Pioneer Motor PCL stock appears to be undervalued.
The current stock price of ฿1.10 is trading 15.4% below its estimated GF Value™ of ฿1.30.
GuruFocus considers Pioneer Motor PCL to be Modestly Undervalued.
Key valuation signals for BKK:PIMO:
PB Ratio: 0.71 (69% below median its 10-year median of 2.32)
GF Value™: ฿1.30 vs. price of ฿1.10 (15.4% below fair value)
Industry Position: 66.8% below the Industrial Products median (#403 of 2982)
No single metric tells the full story. See the BKK:PIMO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pioneer Motor PCL is engaged in manufacturing and supplying various motor products. The company's products include air conditioner electric motors, general-purpose industrial motors, single and three-phase induction motors, pool and spa pump motors, as well as submersible dewatering and submersible sewage pumps. It distributes its products according to orders by electric appliance manufacturers. It also exports and sells its products to international customers.
78GF Score
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