THCH (TH International) PB Ratio: (As of Jun. 25, 2026)


THCH TH International Ltd THCH
52 GF Score
Price $1.45
GF Value $2.93
Valuation Possible Value Trap
! 4 Warning Signs
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What is TH International PB Ratio?

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 (2026-06-25), TH International's share price is $1.45. TH International's Book Value per Share for the quarter that ended in Mar. 2026 was $-6.04. Hence, TH International's PB Ratio of today is .

The historical rank and industry rank for TH International's PB Ratio or its related term are showing as below:

During the past 7 years, TH International's highest PB Ratio was 176.14. The lowest was 9.55. And the median was 36.33.

THCH's PB Ratio is not ranked *
in the Restaurants industry.
Industry Median: 2.3
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


TH International  (NAS:THCH) 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.


TH International PB Ratio Related Terms


TH International PB Ratio Historical Data

* Premium members only.

The historical data trend for TH International'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.

TH International PB Ratio Chart

TH International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.00 26.58 0.00 0.00 0.00

TH International 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 0.00 0.00 0.00 0.00 0.00

THCH vs BDL, STKS, NDLS: PB Ratio Comparison

For the Restaurants subindustry, TH International'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.


TH International PB Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TH International's PB Ratio distribution charts can be found below:

* The bar in red indicates where TH International's PB Ratio falls into.


THCH
52GF Score
TH International Ltd THCH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TH International 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.

TH International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.45/-6.037
=

* 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.

Is TH International (THCH) Overvalued in 2026?

Based on GuruFocus' analysis, TH International stock appears to be undervalued. The current stock price of $1.45 is trading 50.5% below its estimated GF Value™ of $2.93. GuruFocus considers TH International to be Possible Value Trap.

Key valuation signals for THCH:

  • PB Ratio:
  • GF Value™: $2.93 vs. price of $1.45 (50.5% below fair value)
  • GF Score™: 52/100 with 4 warning signs

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


TH International Business Description

Address 227 Huangpi North Road, 2501 Central Plaza, Shanghai, CHN, 200003
TH International Ltd is the exclusive master franchisee in China for Tim Hortons, a world-wide coffee and bakery shop brand. Through the Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company operated under a single reportable segment, Tim Hortons. The company's revenue is derived from sales of food, beverages, and packaged products by company-owned and operated stores, franchise fees, and revenue from other franchise support activities. Its geographic revenue is derived from operations in the PRC.
52GF Score

Get the complete analysis for THCH

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

$1.45
Price
$2.93
GF Value