Tipco Asphalt PCL (BKK:TASCO-R) PB Ratio: 1.48 (As of Jun. 25, 2026) — 23% Below Median


BKK:TASCO-R Tipco Asphalt PCL BKK:TASCO-R
83 GF Score
Price ฿13.09
GF Value ฿13.22
! 6 Warning Signs
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What is Tipco Asphalt PCL PB Ratio?

Tipco Asphalt PCL BKK:TASCO-R 83 PB Ratio is 1.48 as of Jun. 25, 2026, which is 23% below its 10-year median of 1.93. GuruFocus rates BKK:TASCO-R with a GF Score™ of 83/100 and a GF Value™ of ฿13.22. The stock has 6 warning signs investors should review. Among 399 Building Materials companies, Tipco Asphalt PCL ranks worse than 62.41% 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 (2026-06-25), Tipco Asphalt PCL's share price is ฿13.0883. Tipco Asphalt PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿8.86. Hence, Tipco Asphalt PCL's PB Ratio of today is 1.48.

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

BKK:TASCO-R' s PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 1.93   Max: 3.72
Current: 1.53

During the past 13 years, Tipco Asphalt PCL's highest PB Ratio was 3.72. The lowest was 1.31. And the median was 1.93.

BKK:TASCO-R's PB Ratio is ranked worse than
62.41% of 399 companies
in the Building Materials industry
Industry Median: 1.18 vs BKK:TASCO-R: 1.53

During the past 12 months, Tipco Asphalt PCL's average Book Value Per Share Growth Rate was -14.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.50% 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 3.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tipco Asphalt PCL was 36.90% per year. The lowest was -18.90% per year. And the median was 7.40% per year.

Back to Basics: PB Ratio


Tipco Asphalt PCL  (BKK:TASCO-R) 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.


Tipco Asphalt PCL PB Ratio Related Terms


Tipco Asphalt PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL PB Ratio Chart

Tipco Asphalt 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 1.87 1.63 1.74 1.85 1.61

Tipco Asphalt 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 1.42 1.55 1.53 1.61 1.48

BKK:TASCO-R vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Tipco Asphalt 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.


Tipco Asphalt PCL PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tipco Asphalt PCL's PB Ratio falls into.


BKK:TASCO-R
83GF Score
Tipco Asphalt PCL BKK:TASCO-R
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tipco Asphalt 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.

Tipco Asphalt PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=13.0883/8.864
=1.48

* 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 1.48 mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a PB Ratio of 1.48 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tipco Asphalt PCL and its competitors. This is 23% below median its historical median of 1.93. Over the past decade, Tipco Asphalt PCL's PB Ratio has ranged from 1.31 to 3.72. According to the industry distribution chart, Tipco Asphalt PCL ranks #249 out of 399 companies in the Building Materials industry, placing it in the top 62.4%.
Is Tipco Asphalt PCL's PB Ratio too high?
Tipco Asphalt PCL's current PB Ratio of 1.48 is 23% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 3.72. The Building Materials industry median PB Ratio is 1.18. Tipco Asphalt PCL's value of 1.48 is 25.4% above this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #249 out of 399 companies in the Building Materials industry, which is below the industry midpoint. Overall, Tipco Asphalt PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #249 out of 399 companies for PB Ratio. This places Tipco Asphalt PCL in the lower half of its industry. The industry median PB Ratio is 1.18. Tipco Asphalt PCL's value of 1.48 is 25.4% above this benchmark. Historically, Tipco Asphalt PCL's own PB Ratio has ranged from 1.31 to 3.72 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.18, Tipco Asphalt PCL has consistently been above 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.18, based on 399 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. Tipco Asphalt PCL's current PB Ratio of 1.48 is 25.4% above 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current PB Ratio is 1.48, which is 23% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current PB Ratio of 1.48. The stock's GF Value™ is ฿13.22, compared to a current price of ฿13.09 — trading 1% below its estimated fair value. The current PB Ratio is 1.48, which is 23% below median its 10-year median of 1.93 and 25.4% above the Building Materials industry median of 1.18. Tipco Asphalt PCL's overall GF Score™ is 83/100 with 6 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 Tipco Asphalt PCL (BKK:TASCO-R), the current PB Ratio is 1.48 as of Jun. 25, 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be undervalued. The current stock price of ฿13.09 is trading 1% below its estimated GF Value™ of ฿13.22.

Key valuation signals for BKK:TASCO-R:

  • PB Ratio: 1.48 (23% below median its 10-year median of 1.93)
  • GF Value™: ฿13.22 vs. price of ฿13.09 (1% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 25.4% above the Building Materials median (#249 of 399)

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


Tipco Asphalt PCL Business Description

Other Exchanges TASCO:ThailandNVP5:Germany
Address 118/1 Rama 6 Road, Tipco Tower 1, Phayathai Sub District, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
83GF Score

Get the complete analysis for BKK:TASCO-R

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

฿13.09
Price
฿13.22
GF Value