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ASN Broker PCLBKK:ASN-R 68 Price-to-Tangible-Book is 0.48 as of Aug. 16, 2026, which is 79% below its 10-year median of 2.31. GuruFocus rates BKK:ASN-R with a GF Score™ of 68/100 and a GF Value™ of ฿1.09. The stock has 8 warning signs investors should review. Among 474 Insurance companies, ASN Broker PCL ranks better than 83.12% on this metric.
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.
ASN Broker PCL Price-to-Tangible-Book Related Terms
ASN Broker PCL Price-to-Tangible-Book Historical Data
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The historical data trend for ASN Broker 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.
BKK:ASN-R vs MRSH, AON, AJG: Price-to-Tangible-Book Comparison
For the Insurance Brokers subindustry, ASN Broker 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.
ASN Broker PCL Price-to-Tangible-Book vs Insurance Industry
For the Insurance industry and Financial Services sector, ASN Broker PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ASN Broker PCL'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.
ASN Broker PCL (BKK:ASN-R) has a Price-to-Tangible-Book of 0.48 as of Aug. 16, 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 ASN Broker PCL and its competitors. This is 79% below median its historical median of 2.31. Over the past decade, ASN Broker PCL's Price-to-Tangible-Book has ranged from 0.52 to 4.17. According to the industry distribution chart, ASN Broker PCL ranks #80 out of 474 companies in the Insurance industry, placing it in the top 16.9%.
Is ASN Broker PCL's Price-to-Tangible-Book too high?
ASN Broker PCL's current Price-to-Tangible-Book of 0.48 is 79% below median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 4.17. The Insurance industry median Price-to-Tangible-Book is 1.50. ASN Broker PCL's value of 0.48 is 68% below this industry median. Based on the distribution chart, ASN Broker PCL ranks #80 out of 474 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, ASN Broker PCL has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does ASN Broker PCL's Price-to-Tangible-Book compare to MRSH and AON?
According to the Insurance industry distribution chart, ASN Broker PCL ranks #80 out of 474 companies for Price-to-Tangible-Book. This places ASN Broker PCL in the top 17% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.50. ASN Broker PCL's value of 0.48 is 68% below this benchmark. Historically, ASN Broker PCL's own Price-to-Tangible-Book has ranged from 0.52 to 4.17 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.50, ASN Broker 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 Price-to-Tangible-Book for an Insurance company?
The median Price-to-Tangible-Book among Insurance companies is 1.50, based on 474 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. ASN Broker PCL's current Price-to-Tangible-Book of 0.48 is 68% 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 ASN Broker PCL and its competitors. For the Insurance industry, the median Price-to-Tangible-Book is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASN Broker PCL's current Price-to-Tangible-Book is 0.48, which is 79% below median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASN Broker PCL stock overvalued right now?
ASN Broker PCL (BKK:ASN-R) has a current Price-to-Tangible-Book of 0.48. The stock's GF Value™ is ฿1.09, compared to a current price of ฿0.68 — trading 37.6% below its estimated fair value. The current Price-to-Tangible-Book is 0.48, which is 79% below median its 10-year median of 2.31 and 68% below the Insurance industry median of 1.50. ASN Broker PCL's overall GF Score™ is 68/100 with 8 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 ASN Broker PCL (BKK:ASN-R), the current Price-to-Tangible-Book is 0.48 as of Aug. 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 ASN Broker PCL (BKK:ASN-R) Overvalued in 2026?
Based on GuruFocus' analysis, ASN Broker PCL stock appears to be undervalued.
The current stock price of ฿0.68 is trading 37.6% below its estimated GF Value™ of ฿1.09.
Key valuation signals for BKK:ASN-R:
Price-to-Tangible-Book: 0.48 (79% below median its 10-year median of 2.31)
GF Value™: ฿1.09 vs. price of ฿0.68 (37.6% below fair value)
Industry Position: 68% below the Insurance median (#80 of 474)
No single metric tells the full story. See the BKK:ASN-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASN Broker PCL is a Thailand-based company operating as a direct non-life insurance broker, mainly focusing on selling automobile insurance products. It has also expanded into the personal loan, title loan, and hire purchase business under the name ASN Finance. The Group's reportable segments are: Insurance Broker, Peer-to-peer lending platform, and Loan. Maximum revenue is generated from the Insurance Broker segment, which includes non-life insurance brokers and life insurance broker services. The Loan segment includes lending services through title loans and hire purchase. The Group is managed and operates principally in Thailand.
68GF Score
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