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Mida Assets PCLBKK:MIDA-R 27 Price-to-Tangible-Book is 0.39 as of Aug. 26, 2026. GuruFocus rates BKK:MIDA-R with a GF Score™ of 27/100 and a GF Value™ of ฿0.41 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 515 Credit Services companies, Mida Assets PCL ranks better than 87.77% on this metric.
The historical rank and industry rank for Mida Assets PCL's Price-to-Tangible-Book or its related term are showing as below:
BKK:MIDA-R'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.16 Med: 0.35 Max: 0.55
Current: 0.4
During the past 13 years, Mida Assets PCL's highest Price to Tangible Book Ratio was 0.55. The lowest was 0.16. And the median was 0.35.
BKK:MIDA-R's Price-to-Tangible-Book is ranked better than 87.77% of 515
companies
in the Credit Services industry
Industry Median: 1.12
vs BKK:MIDA-R: 0.40
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.
Mida Assets PCL Price-to-Tangible-Book Related Terms
Mida Assets PCL Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Mida Assets 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:MIDA-R vs V, MA, AXP: Price-to-Tangible-Book Comparison
For the Credit Services subindustry, Mida Assets 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.
Mida Assets PCL Price-to-Tangible-Book vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Mida Assets PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Mida Assets 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.
Mida Assets PCL (BKK:MIDA-R) has a Price-to-Tangible-Book of 0.39 as of Aug. 26, 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 Mida Assets PCL and its competitors. According to the industry distribution chart, Mida Assets PCL ranks #63 out of 515 companies in the Credit Services industry, placing it in the top 12.2%.
Is Mida Assets PCL's Price-to-Tangible-Book too high?
Mida Assets PCL's current Price-to-Tangible-Book is 0.39. The Credit Services industry median Price-to-Tangible-Book is 1.12. Mida Assets PCL's value of 0.39 is 65.2% below this industry median. Based on the distribution chart, Mida Assets PCL ranks #63 out of 515 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Mida Assets PCL has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mida Assets PCL's Price-to-Tangible-Book compare to V and MA?
According to the Credit Services industry distribution chart, Mida Assets PCL ranks #63 out of 515 companies for Price-to-Tangible-Book. This places Mida Assets PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.12. Mida Assets PCL's value of 0.39 is 65.2% 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 Credit Services company?
The median Price-to-Tangible-Book among Credit Services companies is 1.12, based on 515 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. Mida Assets PCL's current Price-to-Tangible-Book of 0.39 is 65.2% 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 Mida Assets PCL and its competitors. For the Credit Services industry, the median Price-to-Tangible-Book is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mida Assets PCL's current Price-to-Tangible-Book is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mida Assets PCL stock overvalued right now?
Based on GuruFocus' analysis, Mida Assets PCL (BKK:MIDA-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.41, compared to a current price of ฿0.48 — trading 16.9% above its estimated fair value. The current Price-to-Tangible-Book is 0.39 and 65.2% below the Credit Services industry median of 1.12. Mida Assets PCL's overall GF Score™ is 27/100 with 7 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 Mida Assets PCL (BKK:MIDA-R), the current Price-to-Tangible-Book is 0.39 as of Aug. 26, 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 Mida Assets PCL (BKK:MIDA-R) Overvalued in 2026?
Based on GuruFocus' analysis, Mida Assets PCL stock appears to be overvalued.
The current stock price of ฿0.48 is trading 16.9% above its estimated GF Value™ of ฿0.41.
GuruFocus considers Mida Assets PCL to be Modestly Overvalued.
Key valuation signals for BKK:MIDA-R:
Price-to-Tangible-Book: 0.39
GF Value™: ฿0.41 vs. price of ฿0.48 (16.9% above fair value)
Industry Position: 65.2% below the Credit Services median (#63 of 515)
No single metric tells the full story. See the BKK:MIDA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandises and hire-purchase financing for electrical home appliance, providing financial services for cars, motorcycles, and used cars, hotel business, condominium for rental and hotel operations services and management, real estate development for sales, golf course rental, agency for sale of real estate, advertising, public relation, providing financial services, management of non-performing assets, pawnshop services, herbal supplement, security guard services, organizing event, manufacturing beer and Others. Its segments include the Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relations, and events services and Others.
27GF Score
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