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Tata Steel Thailand PCLSTU:MVX 54 PB Ratio is 0.38 as of Jul. 16, 2026, which is 41% below its 10-year median of 0.64. GuruFocus rates STU:MVX with a GF Score™ of 54/100 and a GF Value™ of €0.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 609 Steel companies, Tata Steel Thailand PCL ranks better than 74.71% on this metric.
Tata Steel Thailand PCL stock PB Ratio (=0.51) is close to 2-year high of 0.55.
The historical rank and industry rank for Tata Steel Thailand PCL's PB Ratio or its related term are showing as below:
STU:MVX'
s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.64 Max: 1.86
Current: 0.51
During the past 13 years, Tata Steel Thailand PCL's highest PB Ratio was 1.86. The lowest was 0.20. And the median was 0.64.
STU:MVX's PB Ratio is ranked better than 74.71% of 609
companies
in the Steel industry
Industry Median: 0.98
vs STU:MVX: 0.51
During the past 12 months, Tata Steel Thailand PCL's average Book Value Per Share Growth Rate was 15.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tata Steel Thailand PCL was 47.40% per year. The lowest was -18.00% per year. And the median was 1.50% per year.
Back to Basics: PB Ratio
Tata Steel Thailand PCL (STU:MVX) PB Ratio Explanation
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.
* 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 Steel subindustry, Tata Steel Thailand 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.
Tata Steel Thailand PCL PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Tata Steel Thailand PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tata Steel Thailand 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.
Tata Steel Thailand PCL (STU:MVX) has a PB Ratio of 0.38 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 Tata Steel Thailand PCL and its competitors. This is 41% below median its historical median of 0.64. Over the past decade, Tata Steel Thailand PCL's PB Ratio has ranged from 0.20 to 1.86. According to the industry distribution chart, Tata Steel Thailand PCL ranks #154 out of 609 companies in the Steel industry, placing it in the top 25.3%.
Is Tata Steel Thailand PCL's PB Ratio too high?
Tata Steel Thailand PCL's current PB Ratio of 0.38 is 41% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.86. The Steel industry median PB Ratio is 0.98. Tata Steel Thailand PCL's value of 0.38 is 61.2% below this industry median. Based on the distribution chart, Tata Steel Thailand PCL ranks #154 out of 609 companies in the Steel industry, which is above the industry midpoint. Overall, Tata Steel Thailand PCL has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel Thailand PCL's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Tata Steel Thailand PCL ranks #154 out of 609 companies for PB Ratio. This puts Tata Steel Thailand PCL in the upper half of its industry. The industry median PB Ratio is 0.98. Tata Steel Thailand PCL's value of 0.38 is 61.2% below this benchmark. Historically, Tata Steel Thailand PCL's own PB Ratio has ranged from 0.20 to 1.86 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.98, Tata Steel Thailand 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 Steel company?
The median PB Ratio among Steel companies is 0.98, based on 609 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. Tata Steel Thailand PCL's current PB Ratio of 0.38 is 61.2% 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 Tata Steel Thailand PCL and its competitors. For the Steel industry, the median PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Steel Thailand PCL's current PB Ratio is 0.38, which is 41% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel Thailand PCL stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel Thailand PCL (STU:MVX) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 80% above its estimated fair value. The current PB Ratio is 0.38, which is 41% below median its 10-year median of 0.64 and 61.2% below the Steel industry median of 0.98. Tata Steel Thailand PCL's overall GF Score™ is 54/100 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 Tata Steel Thailand PCL (STU:MVX), the current PB Ratio is 0.38 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 Tata Steel Thailand PCL (STU:MVX) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Steel Thailand PCL stock appears to be overvalued.
The current stock price of €0.02 is trading 80% above its estimated GF Value™ of €0.01.
GuruFocus considers Tata Steel Thailand PCL to be Significantly Overvalued.
Key valuation signals for STU:MVX:
PB Ratio: 0.38 (41% below median its 10-year median of 0.64)
GF Value™: €0.01 vs. price of €0.02 (80% above fair value)
Industry Position: 61.2% below the Steel median (#154 of 609)
No single metric tells the full story. See the STU:MVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Steel Thailand PCL is a Thailand-based holding company that is engaged in investing in other companies and providing management services. The company is engaged in manufacturing, rendering manufacturing services, distributing, and trading of steel bars, wire rods, and small-section products through its subsidiaries. The company operates in a single segment, being the Manufacturing and distribution of long steel products. Its product line includes rebar, deformed bar, round bar, cut and bend bars, wire rods, including high carbon wire rods and low carbon, special wire rods, and others.
54GF Score
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