Tpi Polene PCLBKK:TPIPL 70 PB Ratio is 0.26 as of Jun. 26, 2026, which is 60% below its 10-year median of 0.65. GuruFocus rates BKK:TPIPL with a GF Score™ of 70/100 and a GF Value™ of ฿1.11 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 398 Building Materials companies, Tpi Polene PCL ranks better than 94.22% 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 (2026-06-26), Tpi Polene PCL's share price is ฿0.79. Tpi Polene PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿3.00. Hence, Tpi Polene PCL's PB Ratio of today is 0.26.
The historical rank and industry rank for Tpi Polene PCL's PB Ratio or its related term are showing as below:
BKK:TPIPL'
s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.65 Max: 1.49
Current: 0.27
During the past 13 years, Tpi Polene PCL's highest PB Ratio was 1.49. The lowest was 0.23. And the median was 0.65.
BKK:TPIPL's PB Ratio is ranked better than 94.22% of 398
companies
in the Building Materials industry
Industry Median: 1.185
vs BKK:TPIPL: 0.27
During the past 12 months, Tpi Polene PCL's average Book Value Per Share Growth Rate was 2.70% 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 4.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tpi Polene PCL was 8.00% per year. The lowest was -18.10% per year. And the median was 2.85% 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.
Tpi Polene PCL PB Ratio Related Terms
Tpi Polene PCL PB Ratio Historical Data
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The historical data trend for Tpi Polene 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 Building Materials subindustry, Tpi Polene 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.
Tpi Polene PCL PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tpi Polene 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.
Tpi Polene PCL's PB Ratio for today is calculated as follows:
* 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.
Tpi Polene PCL (BKK:TPIPL) has a PB Ratio of 0.26 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tpi Polene PCL and its competitors. This is 60% below median its historical median of 0.65. Over the past decade, Tpi Polene PCL's PB Ratio has ranged from 0.23 to 1.49. According to the industry distribution chart, Tpi Polene PCL ranks #23 out of 398 companies in the Building Materials industry, placing it in the top 5.8%.
Is Tpi Polene PCL's PB Ratio too high?
Tpi Polene PCL's current PB Ratio of 0.26 is 60% below median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.49. The Building Materials industry median PB Ratio is 1.19. Tpi Polene PCL's value of 0.26 is 78.1% below this industry median. Based on the distribution chart, Tpi Polene PCL ranks #23 out of 398 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Tpi Polene PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tpi Polene PCL ranks #23 out of 398 companies for PB Ratio. This places Tpi Polene PCL in the top 6% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.19. Tpi Polene PCL's value of 0.26 is 78.1% below this benchmark. Historically, Tpi Polene PCL's own PB Ratio has ranged from 0.23 to 1.49 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.19, Tpi Polene 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.19, based on 398 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. Tpi Polene PCL's current PB Ratio of 0.26 is 78.1% 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 Tpi Polene PCL and its competitors. For the Building Materials industry, the median PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tpi Polene PCL's current PB Ratio is 0.26, which is 60% below median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.11, compared to a current price of ฿0.79 — trading 28.8% below its estimated fair value. The current PB Ratio is 0.26, which is 60% below median its 10-year median of 0.65 and 78.1% below the Building Materials industry median of 1.19. Tpi Polene PCL's overall GF Score™ is 70/100 with 10 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 Tpi Polene PCL (BKK:TPIPL), the current PB Ratio is 0.26 as of Jun. 26, 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued.
The current stock price of ฿0.79 is trading 28.8% below its estimated GF Value™ of ฿1.11.
GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPL:
PB Ratio: 0.26 (60% below median its 10-year median of 0.65)
GF Value™: ฿1.11 vs. price of ฿0.79 (28.8% below fair value)
Industry Position: 78.1% below the Building Materials median (#23 of 398)
No single metric tells the full story. See the BKK:TPIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
70GF Score
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