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Thai Industrial Fund 1BKK:TIF1 -1.25%79 PB Ratio is 0.75 as of Jul. 21, 2026, which is 5% below its 10-year median of 0.79. GuruFocus rates BKK:TIF1 with a GF Score™ of 79/100 and a GF Value™ of ฿8.50 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,601 Asset Management companies, Thai Industrial Fund 1 ranks better than 76.33% on this metric.
Thai Industrial Fund 1 stock PB Ratio (=0.75) is close to 3-year high of 0.82.
The historical rank and industry rank for Thai Industrial Fund 1's PB Ratio or its related term are showing as below:
BKK:TIF1'
s PB Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.79 Max: 0.89
Current: 0.74
During the past 13 years, Thai Industrial Fund 1's highest PB Ratio was 0.89. The lowest was 0.10. And the median was 0.79.
BKK:TIF1's PB Ratio is ranked better than 76.33% of 1601
companies
in the Asset Management industry
Industry Median: 0.95
vs BKK:TIF1: 0.74
During the past 12 months, Thai Industrial Fund 1's average Book Value Per Share Growth Rate was 2.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Thai Industrial Fund 1 was 122.90% per year. The lowest was -1.50% per year. And the median was 0.85% per year.
Back to Basics: PB Ratio
Thai Industrial Fund 1 (BKK:TIF1) 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 Asset Management subindustry, Thai Industrial Fund 1'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 Industrial Fund 1 PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Thai Industrial Fund 1's PB Ratio distribution charts can be found below:
* The bar in red indicates where Thai Industrial Fund 1'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.
Thai Industrial Fund 1 (BKK:TIF1) has a PB Ratio of 0.75 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Thai Industrial Fund 1 and its competitors. This is near median its historical median of 0.79. Over the past decade, Thai Industrial Fund 1's PB Ratio has ranged from 0.10 to 0.89. According to the industry distribution chart, Thai Industrial Fund 1 ranks #379 out of 1601 companies in the Asset Management industry, placing it in the top 23.7%.
Is Thai Industrial Fund 1's PB Ratio too high?
Thai Industrial Fund 1's current PB Ratio of 0.75 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.89. The Asset Management industry median PB Ratio is 0.95. Thai Industrial Fund 1's value of 0.75 is 21.1% below this industry median. Based on the distribution chart, Thai Industrial Fund 1 ranks #379 out of 1601 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Industrial Fund 1 has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Industrial Fund 1's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Thai Industrial Fund 1 ranks #379 out of 1601 companies for PB Ratio. This places Thai Industrial Fund 1 in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.95. Thai Industrial Fund 1's value of 0.75 is 21.1% below this benchmark. Historically, Thai Industrial Fund 1's own PB Ratio has ranged from 0.10 to 0.89 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.95, Thai Industrial Fund 1 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 Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,601 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 Industrial Fund 1's current PB Ratio of 0.75 is 21.1% 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 Thai Industrial Fund 1 and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Industrial Fund 1's current PB Ratio is 0.75, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Industrial Fund 1 stock overvalued right now?
Based on GuruFocus' analysis, Thai Industrial Fund 1 (BKK:TIF1) is currently considered Fairly Valued. The stock's GF Value™ is ฿8.50, compared to a current price of ฿7.95 — trading 6.5% below its estimated fair value. The current PB Ratio is 0.75, which is near median its 10-year median of 0.79 and 21.1% below the Asset Management industry median of 0.95. Thai Industrial Fund 1's overall GF Score™ is 79/100 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 Thai Industrial Fund 1 (BKK:TIF1), the current PB Ratio is 0.75 as of Jul. 21, 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 Industrial Fund 1 (BKK:TIF1) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Industrial Fund 1 stock appears to be undervalued.
The current stock price of ฿7.95 is trading 6.5% below its estimated GF Value™ of ฿8.50.
GuruFocus considers Thai Industrial Fund 1 to be Fairly Valued.
Key valuation signals for BKK:TIF1:
PB Ratio: 0.75 (near median its 10-year median of 0.79)
GF Value™: ฿8.50 vs. price of ฿7.95 (6.5% below fair value)
Industry Position: 21.1% below the Asset Management median (#379 of 1601)
No single metric tells the full story. See the BKK:TIF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Industrial Fund 1 is an asset management company. The objective of the fund is to raise funds from general investors and to use the proceeds from such fundraising for the purchase and/or lease of immovable properties or property lease rights. It invests in land and factory buildings, industrial parks, and industrial promotion zone in Thailand. The one reportable operating segment of the Fund is to provide the rental on property in which the Fund has invested and the single geographical area of its operations is Thailand.
79GF Score
Get the complete analysis for BKK:TIF1
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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