Thai Union Feedmill PCL (BKK:TFM) PB Ratio: 2.43 (As of Jul. 11, 2026) — 21% Above Median


BKK:TFM Thai Union Feedmill PCL BKK:TFM
80 GF Score
Price ฿6.55
GF Value ฿609.00
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Thai Union Feedmill PCL PB Ratio?

Thai Union Feedmill PCL BKK:TFM +1.55% 80 PB Ratio is 2.43 as of Jul. 11, 2026, which is 21% above its 10-year median of 2.01. GuruFocus rates BKK:TFM with a GF Score™ of 80/100 and a GF Value™ of ฿609.00 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,894 Consumer Packaged Goods companies, Thai Union Feedmill PCL ranks worse than 73.23% 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 (2026-07-11), Thai Union Feedmill PCL's share price is ฿6.55. Thai Union Feedmill PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿2.69. Hence, Thai Union Feedmill PCL's PB Ratio of today is 2.43.

Warning Sign:

Thai Union Feedmill PCL stock PB Ratio (=2.45) is close to 3-year high of 2.64.

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

BKK:TFM' s PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.01   Max: 3.32
Current: 2.43

During the past 9 years, Thai Union Feedmill PCL's highest PB Ratio was 3.32. The lowest was 1.34. And the median was 2.01.

BKK:TFM's PB Ratio is ranked worse than
73.23% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs BKK:TFM: 2.43

During the past 12 months, Thai Union Feedmill PCL's average Book Value Per Share Growth Rate was 1.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Thai Union Feedmill PCL was 27.70% per year. The lowest was -7.70% per year. And the median was 11.80% per year.

Back to Basics: PB Ratio


Thai Union Feedmill PCL  (BKK:TFM) 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.


Thai Union Feedmill PCL PB Ratio Related Terms


Thai Union Feedmill PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for Thai Union Feedmill 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.

Thai Union Feedmill PCL PB Ratio Chart

Thai Union Feedmill PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 3.11 2.26 1.41 1.53 2.35

Thai Union Feedmill 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 1.69 1.93 2.53 2.35 2.47

BKK:TFM vs ADM, BG, TSN: PB Ratio Comparison

For the Farm Products subindustry, Thai Union Feedmill 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.


Thai Union Feedmill PCL PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Feedmill PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thai Union Feedmill PCL's PB Ratio falls into.


BKK:TFM
80GF Score
Thai Union Feedmill PCL BKK:TFM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Union Feedmill 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.

Thai Union Feedmill PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.55/2.693
=2.43

* 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 2.43 mean?
Thai Union Feedmill PCL (BKK:TFM) has a PB Ratio of 2.43 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Thai Union Feedmill PCL and its competitors. This is 21% above median its historical median of 2.01. Over the past decade, Thai Union Feedmill PCL's PB Ratio has ranged from 1.34 to 3.32. According to the industry distribution chart, Thai Union Feedmill PCL ranks #1387 out of 1894 companies in the Consumer Packaged Goods industry, placing it in the top 73.2%.
Is Thai Union Feedmill PCL's PB Ratio too high?
Thai Union Feedmill PCL's current PB Ratio of 2.43 is 21% above median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 3.32. The Consumer Packaged Goods industry median PB Ratio is 1.36. Thai Union Feedmill PCL's value of 2.43 is 78.7% above this industry median. Based on the distribution chart, Thai Union Feedmill PCL ranks #1387 out of 1894 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Union Feedmill PCL has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Union Feedmill PCL's PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Thai Union Feedmill PCL ranks #1387 out of 1894 companies for PB Ratio. This places Thai Union Feedmill PCL in the lower half of its industry. The industry median PB Ratio is 1.36. Thai Union Feedmill PCL's value of 2.43 is 78.7% above this benchmark. Historically, Thai Union Feedmill PCL's own PB Ratio has ranged from 1.34 to 3.32 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 1.36, Thai Union Feedmill 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.36, based on 1,894 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. Thai Union Feedmill PCL's current PB Ratio of 2.43 is 78.7% 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 Thai Union Feedmill PCL and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Union Feedmill PCL's current PB Ratio is 2.43, which is 21% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Union Feedmill PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Union Feedmill PCL (BKK:TFM) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿609.00, compared to a current price of ฿6.55 — trading 98.9% below its estimated fair value. The current PB Ratio is 2.43, which is 21% above median its 10-year median of 2.01 and 78.7% above the Consumer Packaged Goods industry median of 1.36. Thai Union Feedmill PCL's overall GF Score™ is 80/100 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 Thai Union Feedmill PCL (BKK:TFM), the current PB Ratio is 2.43 as of Jul. 11, 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 Thai Union Feedmill PCL (BKK:TFM) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Union Feedmill PCL stock appears to be undervalued. The current stock price of ฿6.55 is trading 98.9% below its estimated GF Value™ of ฿609.00. GuruFocus considers Thai Union Feedmill PCL to be Significantly Undervalued.

Key valuation signals for BKK:TFM:

  • PB Ratio: 2.43 (21% above median its 10-year median of 2.01)
  • GF Value™: ฿609.00 vs. price of ฿6.55 (98.9% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 78.7% above the Consumer Packaged Goods median (#1387 of 1894)

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


Thai Union Feedmill PCL Business Description

Address 89/1 Moo 2, Rama 2 Road, Kalong Subdistrict, Mueang District, Samut Sakhon Province, Samut Sakhon, THA, 74000
Thai Union Feedmill PCL is a manufacturer and distributor of aquatic feed in Thailand. Business is organised into four reportable segments; Shrimp feed products; Fish feed products; Livestock feed products and Others. The firm generates the majority of its revenue from Shrimp feed products. Geographically the company generates revenue from Thailand, Sri Lanka, Pakistan, Indonesia, and others, with the majority of revenue generated from Thailand.
80GF Score

Get the complete analysis for BKK:TFM

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

฿6.55
Price
฿609.00
GF Value