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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.
Index International Group PCL Price-to-Tangible-Book Related Terms
Index International 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.
Index International Group PCL Price-to-Tangible-Book Chart
BKK:IND-R vs PWR, FIX, EME: Price-to-Tangible-Book Comparison
For the Engineering & Construction subindustry, Index International 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.
Index International Group PCL Price-to-Tangible-Book vs Construction Industry
For the Construction industry and Industrials sector, Index International Group PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Index International 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.
Index International Group PCL (BKK:IND-R) has a Price-to-Tangible-Book of 0.57 as of Aug. 28, 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 Index International Group PCL and its competitors. According to the industry distribution chart, Index International Group PCL ranks #282 out of 1593 companies in the Construction industry, placing it in the top 17.7%.
Is Index International Group PCL's Price-to-Tangible-Book too high?
Index International Group PCL's current Price-to-Tangible-Book is 0.57. The Construction industry median Price-to-Tangible-Book is 1.47. Index International Group PCL's value of 0.57 is 61.2% below this industry median. Based on the distribution chart, Index International Group PCL ranks #282 out of 1593 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Index International Group PCL has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Index International Group PCL's Price-to-Tangible-Book compare to PWR and FIX?
According to the Construction industry distribution chart, Index International Group PCL ranks #282 out of 1593 companies for Price-to-Tangible-Book. This places Index International Group PCL in the top 18% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.47. Index International Group PCL's value of 0.57 is 61.2% 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 Construction company?
The median Price-to-Tangible-Book among Construction companies is 1.47, based on 1,593 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. Index International Group PCL's current Price-to-Tangible-Book of 0.57 is 61.2% 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 Index International Group PCL and its competitors. For the Construction industry, the median Price-to-Tangible-Book is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Index International Group PCL's current Price-to-Tangible-Book is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index International Group PCL stock overvalued right now?
Index International Group PCL (BKK:IND-R) has a current Price-to-Tangible-Book of 0.57. The stock's GF Value™ is ฿1.12, compared to a current price of ฿0.84 — trading 25% below its estimated fair value. The current Price-to-Tangible-Book is 0.57 and 61.2% below the Construction industry median of 1.47. Index International Group PCL's overall GF Score™ is 79/100 with 5 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 Index International Group PCL (BKK:IND-R), the current Price-to-Tangible-Book is 0.57 as of Aug. 28, 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 Index International Group PCL (BKK:IND-R) Overvalued in 2026?
Based on GuruFocus' analysis, Index International Group PCL stock appears to be undervalued.
The current stock price of ฿0.84 is trading 25% below its estimated GF Value™ of ฿1.12.
Key valuation signals for BKK:IND-R:
Price-to-Tangible-Book: 0.57
GF Value™: ฿1.12 vs. price of ฿0.84 (25% below fair value)
Industry Position: 61.2% below the Construction median (#282 of 1593)
No single metric tells the full story. See the BKK:IND-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Index International Group PCL is an engineering consultancy firm offering detailed design services, project management services, and detailed design construction. Its services include a wide range of services in specialized fields such as project planning, city, and district planning, architectural design involving landscaping and architecture, and engineering design involving structural, electrical, mechanical, transportation, sanitary, geotechnical, environmental, and water resources engineering. The group operates in Thailand.
79GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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