WICE Logistics PCL (BKK:WICE) PB Ratio: 1.62 (As of Aug. 13, 2026) — 50% Below Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:WICE WICE Logistics PCL BKK:WICE
78 GF Score
Price ฿3.54
GF Value ฿6.83
Valuation Possible Value Trap
! 10 Warning Signs
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What is WICE Logistics PCL PB Ratio?

WICE Logistics PCL BKK:WICE -1.12% 78 PB Ratio is 1.62 as of Aug. 13, 2026, which is 50% below its 10-year median of 3.22. GuruFocus rates BKK:WICE with a GF Score™ of 78/100 and a GF Value™ of ฿6.83 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 962 Transportation companies, WICE Logistics PCL ranks worse than 61.54% 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 (2026-08-13), WICE Logistics PCL's share price is ฿3.54. WICE Logistics PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿2.19. Hence, WICE Logistics PCL's PB Ratio of today is 1.62.

Warning Sign:

WICE Logistics PCL stock PB Ratio (=1.66) is close to 1-year high of 1.66.

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

BKK:WICE' s PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 3.22   Max: 11.7
Current: 1.61

During the past 12 years, WICE Logistics PCL's highest PB Ratio was 11.70. The lowest was 1.06. And the median was 3.22.

BKK:WICE's PB Ratio is ranked worse than
61.54% of 962 companies
in the Transportation industry
Industry Median: 1.27 vs BKK:WICE: 1.61

During the past 12 months, WICE Logistics PCL's average Book Value Per Share Growth Rate was 0.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.20% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of WICE Logistics PCL was 39.10% per year. The lowest was -5.40% per year. And the median was 8.10% per year.

Back to Basics: PB Ratio


WICE Logistics PCL  (BKK:WICE) 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.


WICE Logistics PCL PB Ratio Related Terms


WICE Logistics PCL PB Ratio Historical Data

* Premium members only.

The historical data trend for WICE Logistics 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.

WICE Logistics PCL PB Ratio Chart

WICE Logistics PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.64 4.10 2.75 1.81 1.07

WICE Logistics 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 1.23 1.32 1.40 1.07 1.08

BKK:WICE vs UPS, FDX, JBHT: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, WICE Logistics 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.


WICE Logistics PCL PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, WICE Logistics PCL's PB Ratio distribution charts can be found below:

* The bar in red indicates where WICE Logistics PCL's PB Ratio falls into.


BKK:WICE
78GF Score
WICE Logistics PCL BKK:WICE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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WICE Logistics 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.

WICE Logistics PCL's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.54/2.188
=1.62

* 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 1.62 mean?
WICE Logistics PCL (BKK:WICE) has a PB Ratio of 1.62 as of Aug. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on WICE Logistics PCL and its competitors. This is 50% below median its historical median of 3.22. Over the past decade, WICE Logistics PCL's PB Ratio has ranged from 1.06 to 11.70. According to the industry distribution chart, WICE Logistics PCL ranks #592 out of 962 companies in the Transportation industry, placing it in the top 61.5%.
Is WICE Logistics PCL's PB Ratio too high?
WICE Logistics PCL's current PB Ratio of 1.62 is 50% below median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 11.70. The Transportation industry median PB Ratio is 1.27. WICE Logistics PCL's value of 1.62 is 27.6% above this industry median. Based on the distribution chart, WICE Logistics PCL ranks #592 out of 962 companies in the Transportation industry, which is below the industry midpoint. Overall, WICE Logistics PCL has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WICE Logistics PCL's PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, WICE Logistics PCL ranks #592 out of 962 companies for PB Ratio. This places WICE Logistics PCL in the lower half of its industry. The industry median PB Ratio is 1.27. WICE Logistics PCL's value of 1.62 is 27.6% above this benchmark. Historically, WICE Logistics PCL's own PB Ratio has ranged from 1.06 to 11.70 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.27, WICE Logistics 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 Transportation company?
The median PB Ratio among Transportation companies is 1.27, based on 962 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. WICE Logistics PCL's current PB Ratio of 1.62 is 27.6% 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 WICE Logistics PCL and its competitors. For the Transportation industry, the median PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WICE Logistics PCL's current PB Ratio is 1.62, which is 50% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WICE Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, WICE Logistics PCL (BKK:WICE) is currently considered Possible Value Trap. The stock's GF Value™ is ฿6.83, compared to a current price of ฿3.54 — trading 48.2% below its estimated fair value. The current PB Ratio is 1.62, which is 50% below median its 10-year median of 3.22 and 27.6% above the Transportation industry median of 1.27. WICE Logistics PCL's overall GF Score™ is 78/100 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 WICE Logistics PCL (BKK:WICE), the current PB Ratio is 1.62 as of Aug. 13, 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 WICE Logistics PCL (BKK:WICE) Overvalued in 2026?

Based on GuruFocus' analysis, WICE Logistics PCL stock appears to be undervalued. The current stock price of ฿3.54 is trading 48.2% below its estimated GF Value™ of ฿6.83. GuruFocus considers WICE Logistics PCL to be Possible Value Trap.

Key valuation signals for BKK:WICE:

  • PB Ratio: 1.62 (50% below median its 10-year median of 3.22)
  • GF Value™: ฿6.83 vs. price of ฿3.54 (48.2% below fair value)
  • GF Score™: 78/100 with 10 warning signs
  • Industry Position: 27.6% above the Transportation median (#592 of 962)

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


WICE Logistics PCL Business Description

Address 88/8 Nonsee Road, Chong-Nonsee, Yannawa, Bangkok, THA, 10120
WICE Logistics PCL is a Thailand-based company. The company is engaged in international air and sea freight forwarding, customs broker, inland transportation, cross-border transport, multimodal transport operator, warehousing service and all freight-related services for imports and exports. The company has four reportable segments were sea freight, air freight, cross-border transport services and supply chain solution. The company derives maximum profit from cross-border transport services.
78GF Score

Get the complete analysis for BKK:WICE

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

฿3.54
Price
฿6.83
GF Value