Union Pioneer PCLBKK:UPF 60 PB Ratio is 0.48 as of Jul. 06, 2026, which is 58% below its 10-year median of 1.15. GuruFocus rates BKK:UPF with a GF Score™ of 60/100 and a GF Value™ of ฿29.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 997 Manufacturing - Apparel & Accessories companies, Union Pioneer PCL ranks better than 82.95% on this metric.
During the past 12 months, Union Pioneer PCL's average Book Value Per Share Growth Rate was -7.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Union Pioneer PCL was 9.10% per year. The lowest was -4.60% per year. And the median was 0.40% 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.
Union Pioneer PCL PB Ratio Related Terms
Union Pioneer PCL PB Ratio Historical Data
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The historical data trend for Union Pioneer 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 Textile Manufacturing subindustry, Union Pioneer 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.
Union Pioneer PCL PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Union Pioneer PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Union Pioneer 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.
Union Pioneer PCL (BKK:UPF) has a PB Ratio of 0.48 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Union Pioneer PCL and its competitors. This is 58% below median its historical median of 1.15. Over the past decade, Union Pioneer PCL's PB Ratio has ranged from 0.46 to 1.73. According to the industry distribution chart, Union Pioneer PCL ranks #170 out of 997 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.1%.
Is Union Pioneer PCL's PB Ratio too high?
Union Pioneer PCL's current PB Ratio of 0.48 is 58% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.73. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Union Pioneer PCL's value of 0.48 is 55.6% below this industry median. Based on the distribution chart, Union Pioneer PCL ranks #170 out of 997 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Union Pioneer PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Union Pioneer PCL's PB Ratio compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Union Pioneer PCL ranks #170 out of 997 companies for PB Ratio. This places Union Pioneer PCL in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.08. Union Pioneer PCL's value of 0.48 is 55.6% below this benchmark. Historically, Union Pioneer PCL's own PB Ratio has ranged from 0.46 to 1.73 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.08, Union Pioneer 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 997 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. Union Pioneer PCL's current PB Ratio of 0.48 is 55.6% 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 Union Pioneer PCL and its competitors. For the Manufacturing - Apparel & Accessories 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. Union Pioneer PCL's current PB Ratio is 0.48, which is 58% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Pioneer PCL stock overvalued right now?
Based on GuruFocus' analysis, Union Pioneer PCL (BKK:UPF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿29.54, compared to a current price of ฿21.00 — trading 28.9% below its estimated fair value. The current PB Ratio is 0.48, which is 58% below median its 10-year median of 1.15 and 55.6% below the Manufacturing - Apparel & Accessories industry median of 1.08. Union Pioneer PCL's overall GF Score™ is 60/100 with 4 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 Union Pioneer PCL (BKK:UPF), the current PB Ratio is 0.48 as of Jul. 06, 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 Union Pioneer PCL (BKK:UPF) Overvalued in 2026?
Based on GuruFocus' analysis, Union Pioneer PCL stock appears to be undervalued.
The current stock price of ฿21.00 is trading 28.9% below its estimated GF Value™ of ฿29.54.
GuruFocus considers Union Pioneer PCL to be Modestly Undervalued.
Key valuation signals for BKK:UPF:
PB Ratio: 0.48 (58% below median its 10-year median of 1.15)
GF Value™: ฿29.54 vs. price of ฿21.00 (28.9% below fair value)
Industry Position: 55.6% below the Manufacturing - Apparel & Accessories median (#170 of 997)
No single metric tells the full story. See the BKK:UPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Pioneer PCL is principally engaged in the manufacture and distribution of finished elastic products. It offers products such as Rubber thread and tape, Elastic braid, Elastic webbing and crochet, and covering yarn, among other products. The majority of the company's products are the raw materials for other products, such as the baby-adult diaper industry, garment industry, or other uses, depending on the nature of the business of the customers. Geographically, the company derives revenue from Thailand, the United States, and other countries.
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