Techno Medical PCLBKK:TM +1.08%74 PB Ratio is 0.69 as of Jun. 24, 2026, which is 60% below its 10-year median of 1.73. GuruFocus rates BKK:TM with a GF Score™ of 74/100 and a GF Value™ of ฿1.20 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 112 Medical Distribution companies, Techno Medical PCL ranks better than 80.36% on this metric.
The historical rank and industry rank for Techno Medical PCL's PB Ratio or its related term are showing as below:
BKK:TM'
s PB Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.73 Max: 3.42
Current: 0.68
During the past 11 years, Techno Medical PCL's highest PB Ratio was 3.42. The lowest was 0.45. And the median was 1.73.
BKK:TM's PB Ratio is ranked better than 80.36% of 112
companies
in the Medical Distribution industry
Industry Median: 1.075
vs BKK:TM: 0.68
During the past 12 months, Techno Medical PCL's average Book Value Per Share Growth Rate was 7.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 4.90% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Techno Medical PCL was 37.20% per year. The lowest was -5.30% per year. And the median was 0.75% 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.
Techno Medical PCL PB Ratio Related Terms
Techno Medical PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for Techno Medical 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 Medical Distribution subindustry, Techno Medical 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.
Techno Medical PCL PB Ratio vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Techno Medical PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Techno Medical 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.
Techno Medical PCL (BKK:TM) has a PB Ratio of 0.69 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 Techno Medical PCL and its competitors. This is 60% below median its historical median of 1.73. Over the past decade, Techno Medical PCL's PB Ratio has ranged from 0.45 to 3.42. According to the industry distribution chart, Techno Medical PCL ranks #22 out of 112 companies in the Medical Distribution industry, placing it in the top 19.6%.
Is Techno Medical PCL's PB Ratio too high?
Techno Medical PCL's current PB Ratio of 0.69 is 60% below median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 3.42. The Medical Distribution industry median PB Ratio is 1.08. Techno Medical PCL's value of 0.69 is 35.8% below this industry median. Based on the distribution chart, Techno Medical PCL ranks #22 out of 112 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Techno Medical PCL has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techno Medical PCL's PB Ratio compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Techno Medical PCL ranks #22 out of 112 companies for PB Ratio. This places Techno Medical PCL in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.08. Techno Medical PCL's value of 0.69 is 35.8% below this benchmark. Historically, Techno Medical PCL's own PB Ratio has ranged from 0.45 to 3.42 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.08, Techno Medical 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 a Medical Distribution company?
The median PB Ratio among Medical Distribution companies is 1.08, based on 112 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. Techno Medical PCL's current PB Ratio of 0.69 is 35.8% 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 Techno Medical PCL and its competitors. For the Medical Distribution industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Medical PCL's current PB Ratio is 0.69, which is 60% below median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Medical PCL stock overvalued right now?
Based on GuruFocus' analysis, Techno Medical PCL (BKK:TM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.20, compared to a current price of ฿0.94 — trading 21.7% below its estimated fair value. The current PB Ratio is 0.69, which is 60% below median its 10-year median of 1.73 and 35.8% below the Medical Distribution industry median of 1.08. Techno Medical PCL's overall GF Score™ is 74/100 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 Techno Medical PCL (BKK:TM), the current PB Ratio is 0.69 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 Techno Medical PCL (BKK:TM) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Medical PCL stock appears to be undervalued.
The current stock price of ฿0.94 is trading 21.7% below its estimated GF Value™ of ฿1.20.
GuruFocus considers Techno Medical PCL to be Modestly Undervalued.
Key valuation signals for BKK:TM:
PB Ratio: 0.69 (60% below median its 10-year median of 1.73)
GF Value™: ฿1.20 vs. price of ฿0.94 (21.7% below fair value)
Industry Position: 35.8% below the Medical Distribution median (#22 of 112)
No single metric tells the full story. See the BKK:TM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Medical PCL is a Thailand-based company engaged in the trading business of medical supplies, tools, and equipment. The business activity of the group is import and distribution of operating instruments and disposable supplies, central sterile supply department products, instrument and supply used in laboratory and blood bank, and equipment and tools for heart surgery. Its segments consist of Disposable Equipment and Supplies, Sales of Medical Equipment and Instruments and Services related to Nursing Care. Maximum of revenue is Sales of Disposable Equipment and Supplies.
74GF Score
Get the complete analysis for BKK:TM
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TM has been successfully added to your 
