Thalassa HoldingsLSE:THAL 33 PB Ratio is 0.44 as of Jun. 24, 2026, which is 2% above its 10-year median of 0.43. GuruFocus rates LSE:THAL with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 923 Oil & Gas companies, Thalassa Holdings ranks better than 91.12% on this metric.
Thalassa Holdings Ltd stock PB Ratio (=0.44) is close to 5-year high of 0.48.
The historical rank and industry rank for Thalassa Holdings's PB Ratio or its related term are showing as below:
LSE:THAL'
s PB Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.43 Max: 1.04
Current: 0.44
During the past 13 years, Thalassa Holdings's highest PB Ratio was 1.04. The lowest was 0.17. And the median was 0.43.
LSE:THAL's PB Ratio is ranked better than 91.12% of 923
companies
in the Oil & Gas industry
Industry Median: 1.44
vs LSE:THAL: 0.44
During the past 12 months, Thalassa Holdings's average Book Value Per Share Growth Rate was -15.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -25.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -19.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Thalassa Holdings was 24.30% per year. The lowest was -25.80% per year. And the median was 1.40% 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.
Thalassa Holdings PB Ratio Related Terms
Thalassa Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Thalassa Holdings'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 Oil & Gas Equipment & Services subindustry, Thalassa Holdings'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.
Thalassa Holdings PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Thalassa Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Thalassa Holdings'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.
Thalassa Holdings (LSE:THAL) has a PB Ratio of 0.44 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 Thalassa Holdings and its competitors. This is near median its historical median of 0.43. Over the past decade, Thalassa Holdings' PB Ratio has ranged from 0.17 to 1.04. According to the industry distribution chart, Thalassa Holdings ranks #82 out of 923 companies in the Oil & Gas industry, placing it in the top 8.9%.
Is Thalassa Holdings' PB Ratio too high?
Thalassa Holdings' current PB Ratio of 0.44 is near median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.04. The Oil & Gas industry median PB Ratio is 1.44. Thalassa Holdings' value of 0.44 is 69.4% below this industry median. Based on the distribution chart, Thalassa Holdings ranks #82 out of 923 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Thalassa Holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Thalassa Holdings' PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Thalassa Holdings ranks #82 out of 923 companies for PB Ratio. This places Thalassa Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.44. Thalassa Holdings' value of 0.44 is 69.4% below this benchmark. Historically, Thalassa Holdings' own PB Ratio has ranged from 0.17 to 1.04 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 1.44, Thalassa Holdings 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.44, based on 923 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. Thalassa Holdings's current PB Ratio of 0.44 is 69.4% 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 Thalassa Holdings and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thalassa Holdings's current PB Ratio is 0.44, which is near median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thalassa Holdings stock overvalued right now?
Thalassa Holdings (LSE:THAL) has a current PB Ratio of 0.44. The current PB Ratio is 0.44, which is near median its 10-year median of 0.43 and 69.4% below the Oil & Gas industry median of 1.44. Thalassa Holdings' overall GF Score™ is 33/100 with 3 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 Thalassa Holdings (LSE:THAL), the current PB Ratio is 0.44 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.
Thalassa Holdings Ltd is an international business company. It is a holding company with interests in property, and marine seismic/defense R&D. The company has two operating segments comprised of rental income through the Aperion Group and Product Development through the rest of the Group.
33GF Score
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