Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
LH Financial Group Price-to-Tangible-Book Related Terms
LH Financial Group Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for LH Financial Group'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:LHFG-R vs PNC, USB: Price-to-Tangible-Book Comparison
For the Banks - Regional subindustry, LH Financial Group'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.
LH Financial Group Price-to-Tangible-Book vs Banks Industry
For the Banks industry and Financial Services sector, LH Financial Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where LH Financial Group'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.
LH Financial Group (BKK:LHFG-R) has a Price-to-Tangible-Book of 0.64 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 LH Financial Group and its competitors. According to the industry distribution chart, LH Financial Group ranks #231 out of 1498 companies in the Banks industry, placing it in the top 15.4%.
Is LH Financial Group's Price-to-Tangible-Book too high?
LH Financial Group's current Price-to-Tangible-Book is 0.64. The Banks industry median Price-to-Tangible-Book is 1.20. LH Financial Group's value of 0.64 is 46.4% below this industry median. Based on the distribution chart, LH Financial Group ranks #231 out of 1498 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, LH Financial Group has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LH Financial Group's Price-to-Tangible-Book compare to PNC and USB?
According to the Banks industry distribution chart, LH Financial Group ranks #231 out of 1498 companies for Price-to-Tangible-Book. This places LH Financial Group in the top 15% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.20. LH Financial Group's value of 0.64 is 46.4% 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 Banks company?
The median Price-to-Tangible-Book among Banks companies is 1.20, based on 1,498 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. LH Financial Group's current Price-to-Tangible-Book of 0.64 is 46.4% 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 LH Financial Group and its competitors. For the Banks industry, the median Price-to-Tangible-Book is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LH Financial Group's current Price-to-Tangible-Book is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LH Financial Group stock overvalued right now?
Based on GuruFocus' analysis, LH Financial Group (BKK:LHFG-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.11, compared to a current price of ฿1.25 — trading 12.7% above its estimated fair value. The current Price-to-Tangible-Book is 0.64 and 46.4% below the Banks industry median of 1.20. LH Financial Group's overall GF Score™ is 57/100 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 LH Financial Group (BKK:LHFG-R), the current Price-to-Tangible-Book is 0.64 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 LH Financial Group (BKK:LHFG-R) Overvalued in 2026?
Based on GuruFocus' analysis, LH Financial Group stock appears to be overvalued.
The current stock price of ฿1.25 is trading 12.7% above its estimated GF Value™ of ฿1.11.
GuruFocus considers LH Financial Group to be Modestly Overvalued.
Key valuation signals for BKK:LHFG-R:
Price-to-Tangible-Book: 0.64
GF Value™: ฿1.11 vs. price of ฿1.25 (12.7% above fair value)
Industry Position: 46.4% below the Banks median (#231 of 1498)
No single metric tells the full story. See the BKK:LHFG-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LH Financial Group PLC is a non-operating holding company, established under the Bank of Thailand's notification requiring all financial institutions to restructure their shareholding structures in accordance with the guidelines on consolidated supervision. The group has four principal operating segments: investment holding, banking, fund management, and securities, and operates its businesses in Thailand. The group recognizes interest income on an accrual basis using the effective interest method.
57GF Score
Get the complete analysis for BKK:LHFG-R
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:LHFG-R has been successfully added to your 
