City Steel PCLBKK:CITY-R 50 Price-to-Tangible-Book is 0.33 as of Jul. 13, 2026, which is 35% below its 10-year median of 0.51. GuruFocus rates BKK:CITY-R with a GF Score™ of 50/100 and a GF Value™ of ฿1.72. The stock has 2 warning signs investors should review. Among 2,883 Industrial Products companies, City Steel PCL ranks better than 98.58% on this metric.
The historical rank and industry rank for City Steel PCL's Price-to-Tangible-Book or its related term are showing as below:
BKK:CITY-R'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29 Med: 0.51 Max: 0.79
Current: 0.29
During the past 13 years, City Steel PCL's highest Price to Tangible Book Ratio was 0.79. The lowest was 0.29. And the median was 0.51.
BKK:CITY-R's Price-to-Tangible-Book is ranked better than 98.58% of 2883
companies
in the Industrial Products industry
Industry Median: 2.43
vs BKK:CITY-R: 0.29
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.
City Steel PCL Price-to-Tangible-Book Related Terms
City Steel PCL Price-to-Tangible-Book Historical Data
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The historical data trend for City Steel 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:CITY-R vs CRS, ATI, MLI: Price-to-Tangible-Book Comparison
For the Metal Fabrication subindustry, City Steel 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.
City Steel PCL Price-to-Tangible-Book vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, City Steel PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where City Steel 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.
City Steel PCL (BKK:CITY-R) has a Price-to-Tangible-Book of 0.33 as of Jul. 13, 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 City Steel PCL and its competitors. This is 35% below median its historical median of 0.51. Over the past decade, City Steel PCL's Price-to-Tangible-Book has ranged from 0.29 to 0.79. According to the industry distribution chart, City Steel PCL ranks #41 out of 2883 companies in the Industrial Products industry, placing it in the top 1.4%.
Is City Steel PCL's Price-to-Tangible-Book too high?
City Steel PCL's current Price-to-Tangible-Book of 0.33 is 35% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.79. The Industrial Products industry median Price-to-Tangible-Book is 2.43. City Steel PCL's value of 0.33 is 86.4% below this industry median. Based on the distribution chart, City Steel PCL ranks #41 out of 2883 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, City Steel PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does City Steel PCL's Price-to-Tangible-Book compare to CRS and ATI?
According to the Industrial Products industry distribution chart, City Steel PCL ranks #41 out of 2883 companies for Price-to-Tangible-Book. This places City Steel PCL in the top 1% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.43. City Steel PCL's value of 0.33 is 86.4% below this benchmark. Historically, City Steel PCL's own Price-to-Tangible-Book has ranged from 0.29 to 0.79 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 2.43, City Steel 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 Industrial Products company?
The median Price-to-Tangible-Book among Industrial Products companies is 2.43, based on 2,883 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. City Steel PCL's current Price-to-Tangible-Book of 0.33 is 86.4% 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 City Steel PCL and its competitors. For the Industrial Products industry, the median Price-to-Tangible-Book is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Steel PCL's current Price-to-Tangible-Book is 0.33, which is 35% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Steel PCL stock overvalued right now?
City Steel PCL (BKK:CITY-R) has a current Price-to-Tangible-Book of 0.33. The stock's GF Value™ is ฿1.72, compared to a current price of ฿1.36 — trading 20.9% below its estimated fair value. The current Price-to-Tangible-Book is 0.33, which is 35% below median its 10-year median of 0.51 and 86.4% below the Industrial Products industry median of 2.43. City Steel PCL's overall GF Score™ is 50/100 with 2 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 City Steel PCL (BKK:CITY-R), the current Price-to-Tangible-Book is 0.33 as of Jul. 13, 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 City Steel PCL (BKK:CITY-R) Overvalued in 2026?
Based on GuruFocus' analysis, City Steel PCL stock appears to be undervalued.
The current stock price of ฿1.36 is trading 20.9% below its estimated GF Value™ of ฿1.72.
Key valuation signals for BKK:CITY-R:
Price-to-Tangible-Book: 0.33 (35% below median its 10-year median of 0.51)
GF Value™: ฿1.72 vs. price of ฿1.36 (20.9% below fair value)
Industry Position: 86.4% below the Industrial Products median (#41 of 2883)
No single metric tells the full story. See the BKK:CITY-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
City Steel PCL is principally engaged in the manufacturing and sale of metal structures, storage systems, and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, the company operates only in Thailand.
50GF Score
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