Asia Hotel PCL (BKK:ASIA-R) Price-to-Tangible-Book: 0.30 (As of Aug. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ASIA-R Asia Hotel PCL BKK:ASIA-R
66 GF Score
Price ฿5.41
GF Value ฿6.47
! 5 Warning Signs
View Full Analysis

What is Asia Hotel PCL Price-to-Tangible-Book?

Asia Hotel PCL BKK:ASIA-R 66 Price-to-Tangible-Book is 0.30 as of Aug. 29, 2026. GuruFocus rates BKK:ASIA-R with a GF Score™ of 66/100 and a GF Value™ of ฿6.47. The stock has 5 warning signs investors should review. Among 705 Travel & Leisure companies, Asia Hotel PCL ranks better than 91.91% on this metric.

As of today (2026-08-29), Asia Hotel PCL's share price is ฿5.40833. Asia Hotel PCL's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was ฿17.84. Hence, Asia Hotel PCL's Price to Tangible Book Ratio of today is 0.30.

The historical rank and industry rank for Asia Hotel PCL's Price-to-Tangible-Book or its related term are showing as below:

BKK:ASIA-R' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23   Med: 0.38   Max: 0.47
Current: 0.3

During the past 13 years, Asia Hotel PCL's highest Price to Tangible Book Ratio was 0.47. The lowest was 0.23. And the median was 0.38.

BKK:ASIA-R's Price-to-Tangible-Book is ranked better than
91.91% of 705 companies
in the Travel & Leisure industry
Industry Median: 1.68 vs BKK:ASIA-R: 0.30

A closely related ratio is called PB Ratio. As of today, Asia Hotel PCL's share price is ฿5.40833. Asia Hotel PCL's Book Value per Sharefor the quarter that ended in Jun. 2026 was ฿17.99. Hence, Asia Hotel PCL's P/B Ratio of today is 0.30.


Be Aware

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.


Asia Hotel PCL Price-to-Tangible-Book Related Terms


Asia Hotel PCL Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Asia Hotel PCL'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.

Asia Hotel PCL Price-to-Tangible-Book Chart

Asia Hotel PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.39 0.42 0.36 0.28

Asia Hotel PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 0.29 0.30 0.28 0.34 0.34

BKK:ASIA-R vs MAR, HLT, H: Price-to-Tangible-Book Comparison

For the Lodging subindustry, Asia Hotel PCL'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.


Asia Hotel PCL Price-to-Tangible-Book vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asia Hotel PCL's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Asia Hotel PCL's Price-to-Tangible-Book falls into.


BKK:ASIA-R
66GF Score
Asia Hotel PCL BKK:ASIA-R
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Hotel PCL Price-to-Tangible-Book Calculation

Asia Hotel PCL's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=5.40833/17.844
=0.30

* 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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 0.30 mean?
Asia Hotel PCL (BKK:ASIA-R) has a Price-to-Tangible-Book of 0.30 as of Aug. 29, 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 Asia Hotel PCL and its competitors. According to the industry distribution chart, Asia Hotel PCL ranks #57 out of 705 companies in the Travel & Leisure industry, placing it in the top 8.1%.
Is Asia Hotel PCL's Price-to-Tangible-Book too high?
Asia Hotel PCL's current Price-to-Tangible-Book is 0.30. The Travel & Leisure industry median Price-to-Tangible-Book is 1.68. Asia Hotel PCL's value of 0.30 is 82.1% below this industry median. Based on the distribution chart, Asia Hotel PCL ranks #57 out of 705 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Asia Hotel PCL has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Asia Hotel PCL's Price-to-Tangible-Book compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Asia Hotel PCL ranks #57 out of 705 companies for Price-to-Tangible-Book. This places Asia Hotel PCL in the top 8% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.68. Asia Hotel PCL's value of 0.30 is 82.1% below 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 Travel & Leisure company?
The median Price-to-Tangible-Book among Travel & Leisure companies is 1.68, based on 705 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. Asia Hotel PCL's current Price-to-Tangible-Book of 0.30 is 82.1% 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 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 Asia Hotel PCL and its competitors. For the Travel & Leisure industry, the median Price-to-Tangible-Book is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Hotel PCL's current Price-to-Tangible-Book is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Hotel PCL stock overvalued right now?
Asia Hotel PCL (BKK:ASIA-R) has a current Price-to-Tangible-Book of 0.30. The stock's GF Value™ is ฿6.47, compared to a current price of ฿5.41 — trading 16.4% below its estimated fair value. The current Price-to-Tangible-Book is 0.30 and 82.1% below the Travel & Leisure industry median of 1.68. Asia Hotel PCL's overall GF Score™ is 66/100 with 5 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 Asia Hotel PCL (BKK:ASIA-R), the current Price-to-Tangible-Book is 0.30 as of Aug. 29, 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 Asia Hotel PCL (BKK:ASIA-R) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Hotel PCL stock appears to be undervalued. The current stock price of ฿5.41 is trading 16.4% below its estimated GF Value™ of ฿6.47.

Key valuation signals for BKK:ASIA-R:

  • Price-to-Tangible-Book: 0.30
  • GF Value™: ฿6.47 vs. price of ฿5.41 (16.4% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 82.1% below the Travel & Leisure median (#57 of 705)

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


Asia Hotel PCL Business Description

Other Exchanges ASIA:Thailand
Address 296 Phayathai Road, Phaya Thai, Rajathevee, Bangkok, THA, 10400
Asia Hotel PCL is a Thailand-based company engaged in hotel and restaurant operations. The company operates business segments namely; The room segment, the Food And Beverages segment, and the Rental And Services segment. The Company and its subsidiaries, Asia Pattaya Hotel Co., Ltd., and Asia Airport Hotel Co., Ltd, are involved in the hotel business, with their principal activities consisting of room service and operating restaurants. It generates a majority of its revenue from the Rooms segment.
66GF Score

Get the complete analysis for BKK:ASIA-R

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿5.41
Price
฿6.47
GF Value