STP&I PCL (BKK:STPI) PB Ratio: 1.07 (As of Jun. 24, 2026) — 14% Above Median


BKK:STPI STP&I PCL BKK:STPI
60 GF Score
Price ฿5.20
GF Value ฿2.83
Valuation Significantly Overvalued
! 4 Warning Signs
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What is STP&I PCL PB Ratio?

STP&I PCL BKK:STPI 60 PB Ratio is 1.07 as of Jun. 24, 2026, which is 14% above its 10-year median of 0.94. GuruFocus rates BKK:STPI with a GF Score™ of 60/100 and a GF Value™ of ฿2.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,986 Industrial Products companies, STP&I PCL ranks better than 76.99% 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 (2026-06-24), STP&I PCL's share price is ฿5.20. STP&I PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿4.88. Hence, STP&I PCL's PB Ratio of today is 1.07.

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

BKK:STPI' s PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.94   Max: 2.01
Current: 1.07

During the past 13 years, STP&I PCL's highest PB Ratio was 2.01. The lowest was 0.47. And the median was 0.94.

BKK:STPI's PB Ratio is ranked better than
76.99% of 2986 companies
in the Industrial Products industry
Industry Median: 2.32 vs BKK:STPI: 1.07

During the past 12 months, STP&I PCL's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of STP&I PCL was 43.30% per year. The lowest was -11.30% per year. And the median was 8.60% per year.

Back to Basics: PB Ratio


STP&I PCL  (BKK:STPI) 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.


STP&I PCL PB Ratio Related Terms


STP&I PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for STP&I 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.

STP&I PCL PB Ratio Chart

STP&I 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 1.33 0.88 0.67 0.68 0.94

STP&I 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 0.53 0.79 0.97 0.94 0.85

BKK:STPI vs ATI, CRS, MLI: PB Ratio Comparison

For the Metal Fabrication subindustry, STP&I 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.


STP&I PCL PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, STP&I PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where STP&I PCL's PB Ratio falls into.


BKK:STPI
60GF Score
STP&I PCL BKK:STPI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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STP&I 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.

STP&I PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5.20/4.882
=1.07

* 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 1.07 mean?
STP&I PCL (BKK:STPI) has a PB Ratio of 1.07 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on STP&I PCL and its competitors. This is 14% above median its historical median of 0.94. Over the past decade, STP&I PCL's PB Ratio has ranged from 0.47 to 2.01. According to the industry distribution chart, STP&I PCL ranks #687 out of 2986 companies in the Industrial Products industry, placing it in the top 23%.
Is STP&I PCL's PB Ratio too high?
STP&I PCL's current PB Ratio of 1.07 is 14% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.01. The Industrial Products industry median PB Ratio is 2.32. STP&I PCL's value of 1.07 is 53.9% below this industry median. Based on the distribution chart, STP&I PCL ranks #687 out of 2986 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, STP&I PCL has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does STP&I PCL's PB Ratio compare to ATI and CRS?
According to the Industrial Products industry distribution chart, STP&I PCL ranks #687 out of 2986 companies for PB Ratio. This places STP&I PCL in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.32. STP&I PCL's value of 1.07 is 53.9% below this benchmark. Historically, STP&I PCL's own PB Ratio has ranged from 0.47 to 2.01 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 2.32, STP&I 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 2.32, based on 2,986 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. STP&I PCL's current PB Ratio of 1.07 is 53.9% 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 STP&I PCL and its competitors. For the Industrial Products industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STP&I PCL's current PB Ratio is 1.07, which is 14% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STP&I PCL stock overvalued right now?
Based on GuruFocus' analysis, STP&I PCL (BKK:STPI) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿2.83, compared to a current price of ฿5.20 — trading 83.7% above its estimated fair value. The current PB Ratio is 1.07, which is 14% above median its 10-year median of 0.94 and 53.9% below the Industrial Products industry median of 2.32. STP&I PCL's overall GF Score™ is 60/100 with 4 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 STP&I PCL (BKK:STPI), the current PB Ratio is 1.07 as of Jun. 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 STP&I PCL (BKK:STPI) Overvalued in 2026?

Based on GuruFocus' analysis, STP&I PCL stock appears to be overvalued. The current stock price of ฿5.20 is trading 83.7% above its estimated GF Value™ of ฿2.83. GuruFocus considers STP&I PCL to be Significantly Overvalued.

Key valuation signals for BKK:STPI:

  • PB Ratio: 1.07 (14% above median its 10-year median of 0.94)
  • GF Value™: ฿2.83 vs. price of ฿5.20 (83.7% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 53.9% below the Industrial Products median (#687 of 2986)

No single metric tells the full story. See the BKK:STPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


STP&I PCL Business Description

Address Sukhumvit 21 Road (Asoke), 32/24, 3rd Floor, Sino-Thai Tower, Kwaeng Klongtoey Nua, Khet Wattana, Bangkok, THA, 10110
STP&I PCL is engaged in steel fabrication work, and the manufacture of boilers and pressure vessels. Its products include Steel structure, Piping, Module providing services to engineering, fabrication and construction sectors. The company operates in five reportable segments namely, The fabrication work for construction and industrial purpose, Sale of electricity and servicing of electricity, Rental of property, and production and Distribution of hemp products. It has a business presence in Thailand, Spain, Japan, England, Sri Lanka and other countries.
60GF Score

Get the complete analysis for BKK:STPI

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿5.20
Price
฿2.83
GF Value