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The historical rank and industry rank for Chai Watana Tannery Group PCL's Price-to-Tangible-Book or its related term are showing as below:
BKK:CWT-R'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 1.02 Max: 2.43
Current: 0.42
During the past 13 years, Chai Watana Tannery Group PCL's highest Price to Tangible Book Ratio was 2.43. The lowest was 0.27. And the median was 1.02.
BKK:CWT-R's Price-to-Tangible-Book is ranked better than 84.97% of 499
companies
in the Conglomerates industry
Industry Median: 1.14
vs BKK:CWT-R: 0.42
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.
Chai Watana Tannery Group PCL Price-to-Tangible-Book Related Terms
Chai Watana Tannery Group PCL Price-to-Tangible-Book Historical Data
* 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.
Chai Watana Tannery Group PCL Price-to-Tangible-Book Chart
BKK:CWT-R vs MMM, HON: Price-to-Tangible-Book Comparison
For the Conglomerates subindustry, Chai Watana Tannery Group 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.
Chai Watana Tannery Group PCL Price-to-Tangible-Book vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Chai Watana Tannery Group PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Chai Watana Tannery Group 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.
Chai Watana Tannery Group PCL (BKK:CWT-R) has a Price-to-Tangible-Book of 0.41 as of Aug. 27, 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 Chai Watana Tannery Group PCL and its competitors. According to the industry distribution chart, Chai Watana Tannery Group PCL ranks #75 out of 499 companies in the Conglomerates industry, placing it in the top 15%.
Is Chai Watana Tannery Group PCL's Price-to-Tangible-Book too high?
Chai Watana Tannery Group PCL's current Price-to-Tangible-Book is 0.41. The Conglomerates industry median Price-to-Tangible-Book is 1.14. Chai Watana Tannery Group PCL's value of 0.41 is 64% below this industry median. Based on the distribution chart, Chai Watana Tannery Group PCL ranks #75 out of 499 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Chai Watana Tannery Group PCL has a GF Score™ of 33/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chai Watana Tannery Group PCL's Price-to-Tangible-Book compare to MMM and HON?
According to the Conglomerates industry distribution chart, Chai Watana Tannery Group PCL ranks #75 out of 499 companies for Price-to-Tangible-Book. This places Chai Watana Tannery Group PCL in the top 15% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.14. Chai Watana Tannery Group PCL's value of 0.41 is 64% 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 Conglomerates company?
The median Price-to-Tangible-Book among Conglomerates companies is 1.14, based on 499 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. Chai Watana Tannery Group PCL's current Price-to-Tangible-Book of 0.41 is 64% 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 Chai Watana Tannery Group PCL and its competitors. For the Conglomerates industry, the median Price-to-Tangible-Book is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chai Watana Tannery Group PCL's current Price-to-Tangible-Book is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chai Watana Tannery Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Chai Watana Tannery Group PCL (BKK:CWT-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.82, compared to a current price of ฿0.91 — trading 11% above its estimated fair value. The current Price-to-Tangible-Book is 0.41 and 64% below the Conglomerates industry median of 1.14. Chai Watana Tannery Group PCL's overall GF Score™ is 33/100 with 6 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 Chai Watana Tannery Group PCL (BKK:CWT-R), the current Price-to-Tangible-Book is 0.41 as of Aug. 27, 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 Chai Watana Tannery Group PCL (BKK:CWT-R) Overvalued in 2026?
Based on GuruFocus' analysis, Chai Watana Tannery Group PCL stock appears to be overvalued.
The current stock price of ฿0.91 is trading 11% above its estimated GF Value™ of ฿0.82.
GuruFocus considers Chai Watana Tannery Group PCL to be Modestly Overvalued.
Key valuation signals for BKK:CWT-R:
Price-to-Tangible-Book: 0.41
GF Value™: ฿0.82 vs. price of ฿0.91 (11% above fair value)
Industry Position: 64% below the Conglomerates median (#75 of 499)
No single metric tells the full story. See the BKK:CWT-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chai Watana Tannery Group PCL is a Thailand-based company engaged in diversified operations. The group operates through six reportable segments: Tannery Hide, Automotive Leather Cutting, Dog Chewable Toys, Furniture, Renewable Energy, and Design and Distribution of Aluminum Boats and Mini Buses. It generates the majority of its revenue from the Automotive Leather Cutting segment.
33GF Score
Get the complete analysis for BKK:CWT-R
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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