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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Airports Of Thailand Price-to-Tangible-Book Related Terms
Airports Of Thailand Price-to-Tangible-Book Historical Data
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The historical data trend for Airports Of Thailand's Price-to-Tangible-Book 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.
APTPF vs JOBY, CAAP: Price-to-Tangible-Book Comparison
For the Airports & Air Services subindustry, Airports Of Thailand's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Airports Of Thailand Price-to-Tangible-Book vs Transportation Industry
For the Transportation industry and Industrials sector, Airports Of Thailand's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Airports Of Thailand's Price-to-Tangible-Book 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Airports Of Thailand (APTPF) has a Price-to-Tangible-Book of 6.10 as of Sep. 05, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Airports Of Thailand and its competitors. According to the industry distribution chart, Airports Of Thailand ranks #844 out of 926 companies in the Transportation industry, placing it in the top 91.1%.
Is Airports Of Thailand's Price-to-Tangible-Book too high?
Airports Of Thailand's current Price-to-Tangible-Book is 6.10. The Transportation industry median Price-to-Tangible-Book is 1.40. Airports Of Thailand's value of 6.10 is 337.3% above this industry median. Based on the distribution chart, Airports Of Thailand ranks #844 out of 926 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Airports Of Thailand has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Airports Of Thailand's Price-to-Tangible-Book compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports Of Thailand ranks #844 out of 926 companies for Price-to-Tangible-Book. This places Airports Of Thailand in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.40. Airports Of Thailand's value of 6.10 is 337.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Transportation company?
The median Price-to-Tangible-Book among Transportation companies is 1.40, based on 926 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airports Of Thailand's current Price-to-Tangible-Book of 6.10 is 337.3% above 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Airports Of Thailand and its competitors. For the Transportation industry, the median Price-to-Tangible-Book is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports Of Thailand's current Price-to-Tangible-Book is 6.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports Of Thailand stock overvalued right now?
Airports Of Thailand (APTPF) has a current Price-to-Tangible-Book of 6.10. The stock's GF Value™ is $1.64, compared to a current price of $1.73 — trading 5.2% above its estimated fair value. The current Price-to-Tangible-Book is 6.10 and 337.3% above the Transportation industry median of 1.40. Airports Of Thailand's overall GF Score™ is 91/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Airports Of Thailand (APTPF), the current Price-to-Tangible-Book is 6.10 as of Sep. 05, 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 Airports Of Thailand (APTPF) Overvalued in 2026?
Based on GuruFocus' analysis, Airports Of Thailand stock appears to be overvalued.
The current stock price of $1.73 is trading 5.2% above its estimated GF Value™ of $1.64.
Key valuation signals for APTPF:
Price-to-Tangible-Book: 6.10
GF Value™: $1.64 vs. price of $1.73 (5.2% above fair value)
Industry Position: 337.3% above the Transportation median (#844 of 926)
No single metric tells the full story. See the APTPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.
91GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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