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Zen Group PCLBKK:ZEN 87 PB Ratio is 1.24 as of Jul. 16, 2026, which is 52% below its 10-year median of 2.59. GuruFocus rates BKK:ZEN with a GF Score™ of 87/100 and a GF Value™ of ฿6.68 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 326 Restaurants companies, Zen Group PCL ranks better than 73.31% 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 (2026-07-16), Zen Group PCL's share price is ฿5.65. Zen Group PCL's Book Value per Share for the quarter that ended in Mar. 2026 was ฿4.57. Hence, Zen Group PCL's PB Ratio of today is 1.24.
Good Sign:
Zen Corp Group PCL stock PB Ratio (=1.2) is close to 10-year low of 1.09.
The historical rank and industry rank for Zen Group PCL's PB Ratio or its related term are showing as below:
BKK:ZEN'
s PB Ratio Range Over the Past 10 Years
Min: 1.09 Med: 2.59 Max: 7.39
Current: 1.23
During the past 11 years, Zen Group PCL's highest PB Ratio was 7.39. The lowest was 1.09. And the median was 2.59.
BKK:ZEN's PB Ratio is ranked better than 73.31% of 326
companies
in the Restaurants industry
Industry Median: 2.42
vs BKK:ZEN: 1.23
During the past 12 months, Zen Group PCL's average Book Value Per Share Growth Rate was -0.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.90% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Zen Group PCL was 58.70% per year. The lowest was -3.70% per year. And the median was 6.10% 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.
Zen Group PCL PB Ratio Related Terms
Zen Group PCL PB Ratio Historical Data
* Premium members only.
The historical data trend for Zen Group 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 Restaurants subindustry, Zen Group 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.
Zen Group PCL PB Ratio vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Zen Group PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Zen Group 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.
Zen Group 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.
Zen Group PCL (BKK:ZEN) has a PB Ratio of 1.24 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Zen Group PCL and its competitors. This is 52% below median its historical median of 2.59. Over the past decade, Zen Group PCL's PB Ratio has ranged from 1.09 to 7.39. According to the industry distribution chart, Zen Group PCL ranks #87 out of 326 companies in the Restaurants industry, placing it in the top 26.7%.
Is Zen Group PCL's PB Ratio too high?
Zen Group PCL's current PB Ratio of 1.24 is 52% below median its 10-year median of 2.59. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 7.39. The Restaurants industry median PB Ratio is 2.42. Zen Group PCL's value of 1.24 is 48.8% below this industry median. Based on the distribution chart, Zen Group PCL ranks #87 out of 326 companies in the Restaurants industry, which is above the industry midpoint. Overall, Zen Group PCL has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zen Group PCL's PB Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Zen Group PCL ranks #87 out of 326 companies for PB Ratio. This puts Zen Group PCL in the upper half of its industry. The industry median PB Ratio is 2.42. Zen Group PCL's value of 1.24 is 48.8% below this benchmark. Historically, Zen Group PCL's own PB Ratio has ranged from 1.09 to 7.39 over the past decade. While the company's 10-year median is 2.59 vs. the industry median of 2.42, Zen Group 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 Restaurants company?
The median PB Ratio among Restaurants companies is 2.42, based on 326 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. Zen Group PCL's current PB Ratio of 1.24 is 48.8% 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 Zen Group PCL and its competitors. For the Restaurants industry, the median PB Ratio is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zen Group PCL's current PB Ratio is 1.24, which is 52% below median its own 10-year median of 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zen Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Zen Group PCL (BKK:ZEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿6.68, compared to a current price of ฿5.65 — trading 15.4% below its estimated fair value. The current PB Ratio is 1.24, which is 52% below median its 10-year median of 2.59 and 48.8% below the Restaurants industry median of 2.42. Zen Group PCL's overall GF Score™ is 87/100 with 5 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 Zen Group PCL (BKK:ZEN), the current PB Ratio is 1.24 as of Jul. 16, 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 Zen Group PCL (BKK:ZEN) Overvalued in 2026?
Based on GuruFocus' analysis, Zen Group PCL stock appears to be undervalued.
The current stock price of ฿5.65 is trading 15.4% below its estimated GF Value™ of ฿6.68.
GuruFocus considers Zen Group PCL to be Modestly Undervalued.
Key valuation signals for BKK:ZEN:
PB Ratio: 1.24 (52% below median its 10-year median of 2.59)
GF Value™: ฿6.68 vs. price of ฿5.65 (15.4% below fair value)
Industry Position: 48.8% below the Restaurants median (#87 of 326)
No single metric tells the full story. See the BKK:ZEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zen Corp Group PCL is engaged in providing management services to its subsidiaries and restaurants. It offers Japanese food, ranging from premium sushi and Yakiniku restaurants to contemporary Japanese cafes. The company operates ZEN Japanese Restaurant, Musha, AKA, On the Table, and Sushi Cyu. The company operates in only one segment which is the Food business. The majority of the revenue is generated from the sales of food and beverages in Thailand.
87GF Score
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