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Delta Electronics (Thailand) PCLBKK:DELTA-R 88 Price-to-Tangible-Book is 23.62 as of Aug. 19, 2026, which is 119% above its 10-year median of 10.80. GuruFocus rates BKK:DELTA-R with a GF Score™ of 88/100 and a GF Value™ of ฿136.85. Among 2,886 Industrial Products companies, Delta Electronics (Thailand) PCL ranks worse than 97.99% on this metric.
The historical rank and industry rank for Delta Electronics (Thailand) PCL's Price-to-Tangible-Book or its related term are showing as below:
BKK:DELTA-R'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.35 Med: 10.8 Max: 38.57
Current: 32.05
During the past 13 years, Delta Electronics (Thailand) PCL's highest Price to Tangible Book Ratio was 38.57. The lowest was 1.35. And the median was 10.80.
BKK:DELTA-R's Price-to-Tangible-Book is ranked worse than 97.99% of 2886
companies
in the Industrial Products industry
Industry Median: 2.47
vs BKK:DELTA-R: 32.05
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.
Delta Electronics (Thailand) PCL Price-to-Tangible-Book Related Terms
Delta Electronics (Thailand) 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.
BKK:DELTA-R vs VRT, BE: Price-to-Tangible-Book Comparison
For the Electrical Equipment & Parts subindustry, Delta Electronics (Thailand) 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.
Delta Electronics (Thailand) PCL Price-to-Tangible-Book vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Delta Electronics (Thailand) PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Delta Electronics (Thailand) 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.
Delta Electronics (Thailand) PCL (BKK:DELTA-R) has a Price-to-Tangible-Book of 23.62 as of Aug. 19, 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 Delta Electronics (Thailand) PCL and its competitors. This is 119% above median its historical median of 10.80. Over the past decade, Delta Electronics (Thailand) PCL's Price-to-Tangible-Book has ranged from 1.35 to 38.57. According to the industry distribution chart, Delta Electronics (Thailand) PCL ranks #2828 out of 2886 companies in the Industrial Products industry, placing it in the top 98%.
Is Delta Electronics (Thailand) PCL's Price-to-Tangible-Book too high?
Delta Electronics (Thailand) PCL's current Price-to-Tangible-Book of 23.62 is 119% above median its 10-year median of 10.80. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 38.57. The Industrial Products industry median Price-to-Tangible-Book is 2.47. Delta Electronics (Thailand) PCL's value of 23.62 is 856.3% above this industry median. Based on the distribution chart, Delta Electronics (Thailand) PCL ranks #2828 out of 2886 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Delta Electronics (Thailand) PCL has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Delta Electronics (Thailand) PCL's Price-to-Tangible-Book compare to VRT and BE?
According to the Industrial Products industry distribution chart, Delta Electronics (Thailand) PCL ranks #2828 out of 2886 companies for Price-to-Tangible-Book. This places Delta Electronics (Thailand) PCL in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.47. Delta Electronics (Thailand) PCL's value of 23.62 is 856.3% above this benchmark. Historically, Delta Electronics (Thailand) PCL's own Price-to-Tangible-Book has ranged from 1.35 to 38.57 over the past decade. While the company's 10-year median is 10.80 vs. the industry median of 2.47, Delta Electronics (Thailand) PCL has consistently been above 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 2.47, based on 2,886 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. Delta Electronics (Thailand) PCL's current Price-to-Tangible-Book of 23.62 is 856.3% 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 Delta Electronics (Thailand) PCL and its competitors. For the Industrial Products industry, the median Price-to-Tangible-Book is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Electronics (Thailand) PCL's current Price-to-Tangible-Book is 23.62, which is 119% above median its own 10-year median of 10.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Electronics (Thailand) PCL stock overvalued right now?
Delta Electronics (Thailand) PCL (BKK:DELTA-R) has a current Price-to-Tangible-Book of 23.62. The stock's GF Value™ is ฿136.85, compared to a current price of ฿199.00 — trading 45.4% above its estimated fair value. The current Price-to-Tangible-Book is 23.62, which is 119% above median its 10-year median of 10.80 and 856.3% above the Industrial Products industry median of 2.47. Delta Electronics (Thailand) PCL's overall GF Score™ is 88/100. 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 Delta Electronics (Thailand) PCL (BKK:DELTA-R), the current Price-to-Tangible-Book is 23.62 as of Aug. 19, 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 Delta Electronics (Thailand) PCL (BKK:DELTA-R) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Electronics (Thailand) PCL stock appears to be overvalued.
The current stock price of ฿199.00 is trading 45.4% above its estimated GF Value™ of ฿136.85.
Key valuation signals for BKK:DELTA-R:
Price-to-Tangible-Book: 23.62 (119% above median its 10-year median of 10.80)
GF Value™: ฿136.85 vs. price of ฿199.00 (45.4% above fair value)
Industry Position: 856.3% above the Industrial Products median (#2828 of 2886)
No single metric tells the full story. See the BKK:DELTA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Electronics (Thailand) PCL manufactures and distributes power supplies, electronic equipment, and components such as DC fans, EMI filters, solenoids, etc. The group's reportable segments are: Power electronics, Mobility, Infrastructure, Automation, and Others. The majority of its revenue is generated from the Power electronics segment, which designs, manufactures, and sells power supplies applied to computer, server, office automation equipment, and household electric appliances. The Mobility segment makes EV power systems, the Infrastructure segment builds ICT and energy systems, and the Automation segment offers industrial and building automation. Geographically, the group generates maximum revenue from the United States, followed by Singapore, Germany, Taiwan, and other markets.
88GF Score
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