TBN PCLBKK:TBN +0.56%72 Pretax Margin % is -6.67% as of Mar. 2026. GuruFocus rates BKK:TBN with a GF Score™ of 72/100 and a GF Value™ of ฿6.37 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,815 Software companies, TBN PCL ranks worse than 54.07% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TBN PCL's Pre-Tax Income for the
three
months ended in Mar. 2026 was ฿-5.8 Mil. TBN PCL's Revenue for the
three
months ended in Mar. 2026 was ฿86.9 Mil. Therefore, TBN PCL's pretax margin for the quarter that ended in Mar. 2026 was -6.67%.
The historical rank and industry rank for TBN PCL's Pretax Margin % or its related term are showing as below:
BKK:TBN'
s Pretax Margin % Range Over the Past 10 Years
Min: 2.03 Med: 20.68 Max: 43.09
Current: 2.03
BKK:TBN's Pretax Margin % is ranked worse than 54.07% of 2815
companies
in the Software industry
Industry Median: 3.59
vs BKK:TBN: 2.03
TBN PCL (BKK:TBN) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
TBN PCL Pretax Margin % Related Terms
TBN PCL Pretax Margin % Historical Data
* Premium members only.
The historical data trend for TBN PCL's Pretax Margin % 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.
BKK:TBN vs UBER, SHOP, CRM: Pretax Margin % Comparison
For the Software - Application subindustry, TBN PCL's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
TBN PCL Pretax Margin % vs Software Industry
For the Software industry and Technology sector, TBN PCL's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TBN PCL's Pretax Margin % falls into.
* 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.
TBN PCL (BKK:TBN) has a Pretax Margin % of -6.67% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TBN PCL and its competitors. Over the past decade, TBN PCL's Pretax Margin % has ranged from 2.03 to 43.09. According to the industry distribution chart, TBN PCL ranks #1522 out of 2815 companies in the Software industry, placing it in the top 54.1%.
Is TBN PCL's Pretax Margin % too high?
TBN PCL's current Pretax Margin % is -6.67%. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 43.09. Based on the distribution chart, TBN PCL ranks #1522 out of 2815 companies in the Software industry, which is below the industry midpoint. Overall, TBN PCL has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TBN PCL's Pretax Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, TBN PCL ranks #1522 out of 2815 companies for Pretax Margin %. This places TBN PCL in the lower half of its industry. The industry median Pretax Margin % is 3.59. Historically, TBN PCL's own Pretax Margin % has ranged from 2.03 to 43.09 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Software company?
The median Pretax Margin % among Software companies is 3.59, based on 2,815 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TBN PCL and its competitors. For the Software industry, the median Pretax Margin % is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBN PCL's current Pretax Margin % is -6.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBN PCL stock overvalued right now?
Based on GuruFocus' analysis, TBN PCL (BKK:TBN) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿6.37, compared to a current price of ฿3.56 — trading 44.1% below its estimated fair value. The current Pretax Margin % is -6.67%. TBN PCL's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For TBN PCL (BKK:TBN), the current Pretax Margin % is -6.67% as of Mar. 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 TBN PCL (BKK:TBN) Overvalued in 2026?
Based on GuruFocus' analysis, TBN PCL stock appears to be undervalued.
The current stock price of ฿3.56 is trading 44.1% below its estimated GF Value™ of ฿6.37.
GuruFocus considers TBN PCL to be Significantly Undervalued.
Key valuation signals for BKK:TBN:
Pretax Margin %: -6.67%
GF Value™: ฿6.37 vs. price of ฿3.56 (44.1% below fair value)
No single metric tells the full story. See the BKK:TBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBN Corp PCL is Thailand's first low-code solutions provider. The company is engaged in the business of sales and development of software, including consultation on software development. The Company's segments include Digital solutions and technical consultancy services and technical maintenance, licensing, and cloud services, and Other. It offers a range of digital system design and development services, is a digital transformation consultant and solutions developer based on customer needs.
72GF Score
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