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The historical rank and industry rank for The Erawan Group PCL's Price-to-Tangible-Book or its related term are showing as below:
BKK:ERW-R'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.13 Med: 3.01 Max: 5.73
Current: 2
During the past 13 years, The Erawan Group PCL's highest Price to Tangible Book Ratio was 5.73. The lowest was 1.13. And the median was 3.01.
BKK:ERW-R's Price-to-Tangible-Book is ranked worse than 58.01% of 705
companies
in the Travel & Leisure industry
Industry Median: 1.68
vs BKK:ERW-R: 2.00
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.
The Erawan Group PCL Price-to-Tangible-Book Related Terms
The Erawan Group PCL Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for The Erawan Group 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:ERW-R vs MAR, HLT, H: Price-to-Tangible-Book Comparison
For the Lodging subindustry, The Erawan 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.
The Erawan Group PCL Price-to-Tangible-Book vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Erawan Group PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where The Erawan 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.
The Erawan Group PCL (BKK:ERW-R) has a Price-to-Tangible-Book of 2.02 as of Aug. 30, 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 The Erawan Group PCL and its competitors. According to the industry distribution chart, The Erawan Group PCL ranks #409 out of 705 companies in the Travel & Leisure industry, placing it in the top 58%.
Is The Erawan Group PCL's Price-to-Tangible-Book too high?
The Erawan Group PCL's current Price-to-Tangible-Book is 2.02. The Travel & Leisure industry median Price-to-Tangible-Book is 1.68. The Erawan Group PCL's value of 2.02 is 20.2% above this industry median. Based on the distribution chart, The Erawan Group PCL ranks #409 out of 705 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, The Erawan Group PCL has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Erawan Group PCL's Price-to-Tangible-Book compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Erawan Group PCL ranks #409 out of 705 companies for Price-to-Tangible-Book. This places The Erawan Group PCL in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.68. The Erawan Group PCL's value of 2.02 is 20.2% above 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. The Erawan Group PCL's current Price-to-Tangible-Book of 2.02 is 20.2% 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 The Erawan Group 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. The Erawan Group PCL's current Price-to-Tangible-Book is 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Erawan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, The Erawan Group PCL (BKK:ERW-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.53, compared to a current price of ฿3.75 — trading 6.3% above its estimated fair value. The current Price-to-Tangible-Book is 2.02 and 20.2% above the Travel & Leisure industry median of 1.68. The Erawan Group PCL's overall GF Score™ is 73/100 with 12 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 The Erawan Group PCL (BKK:ERW-R), the current Price-to-Tangible-Book is 2.02 as of Aug. 30, 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 The Erawan Group PCL (BKK:ERW-R) Overvalued in 2026?
Based on GuruFocus' analysis, The Erawan Group PCL stock appears to be overvalued.
The current stock price of ฿3.75 is trading 6.3% above its estimated GF Value™ of ฿3.53.
GuruFocus considers The Erawan Group PCL to be Significantly Overvalued.
Key valuation signals for BKK:ERW-R:
Price-to-Tangible-Book: 2.02
GF Value™: ฿3.53 vs. price of ฿3.75 (6.3% above fair value)
Industry Position: 20.2% above the Travel & Leisure median (#409 of 705)
No single metric tells the full story. See the BKK:ERW-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Erawan Group PCL is a company that focuses on investing in various companies, engaged in the hotel business and in building rental business. The company operates two business segments: Hotel business segment, which consists of Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, a Luxury Collection Resort and Spa, Phuket, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam and Ibis Hotels; and the Rental and management building business segment including Erawan Bangkok, which is a boutique mall to the center of Bangkok's business and commercial district and Ploenchit Center, which is an office building with retail shops and international restaurants. The majority of the revenue is generated from its Hotel business.
73GF Score
Get the complete analysis for BKK:ERW-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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