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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.
Muang Thai Insurance PCL Price-to-Tangible-Book Related Terms
Muang Thai Insurance PCL Price-to-Tangible-Book Historical Data
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The historical data trend for Muang Thai Insurance 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:MTI-R vs CB, PGR, TRV: Price-to-Tangible-Book Comparison
For the Insurance - Property & Casualty subindustry, Muang Thai Insurance 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.
Muang Thai Insurance PCL Price-to-Tangible-Book vs Insurance Industry
For the Insurance industry and Financial Services sector, Muang Thai Insurance PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Muang Thai Insurance 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.
Muang Thai Insurance PCL (BKK:MTI-R) has a Price-to-Tangible-Book of 1.33 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 Muang Thai Insurance PCL and its competitors. According to the industry distribution chart, Muang Thai Insurance PCL ranks #198 out of 471 companies in the Insurance industry, placing it in the top 42%.
Is Muang Thai Insurance PCL's Price-to-Tangible-Book too high?
Muang Thai Insurance PCL's current Price-to-Tangible-Book is 1.33. The Insurance industry median Price-to-Tangible-Book is 1.53. Muang Thai Insurance PCL's value of 1.33 is 13.1% below this industry median. Based on the distribution chart, Muang Thai Insurance PCL ranks #198 out of 471 companies in the Insurance industry, which is above the industry midpoint. Overall, Muang Thai Insurance PCL has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Muang Thai Insurance PCL's Price-to-Tangible-Book compare to CB and PGR?
According to the Insurance industry distribution chart, Muang Thai Insurance PCL ranks #198 out of 471 companies for Price-to-Tangible-Book. This puts Muang Thai Insurance PCL in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.53. Muang Thai Insurance PCL's value of 1.33 is 13.1% 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 an Insurance company?
The median Price-to-Tangible-Book among Insurance companies is 1.53, based on 471 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. Muang Thai Insurance PCL's current Price-to-Tangible-Book of 1.33 is 13.1% 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 Muang Thai Insurance PCL and its competitors. For the Insurance industry, the median Price-to-Tangible-Book is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Muang Thai Insurance PCL's current Price-to-Tangible-Book is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Muang Thai Insurance PCL stock overvalued right now?
Based on GuruFocus' analysis, Muang Thai Insurance PCL (BKK:MTI-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿18.41, compared to a current price of ฿17.80 — trading 3.3% below its estimated fair value. The current Price-to-Tangible-Book is 1.33 and 13.1% below the Insurance industry median of 1.53. Muang Thai Insurance PCL's overall GF Score™ is 82/100 with 4 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 Muang Thai Insurance PCL (BKK:MTI-R), the current Price-to-Tangible-Book is 1.33 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 Muang Thai Insurance PCL (BKK:MTI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Muang Thai Insurance PCL stock appears to be undervalued.
The current stock price of ฿17.80 is trading 3.3% below its estimated GF Value™ of ฿18.41.
GuruFocus considers Muang Thai Insurance PCL to be Fairly Valued.
Key valuation signals for BKK:MTI-R:
Price-to-Tangible-Book: 1.33
GF Value™: ฿18.41 vs. price of ฿17.80 (3.3% below fair value)
Industry Position: 13.1% below the Insurance median (#198 of 471)
No single metric tells the full story. See the BKK:MTI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Muang Thai Insurance PCL is an insurance company whose core business is non-life insurance. As such, the company provides services including motor, property, marine, transportation, engineering, personal accident, health, special products, liability, and miscellaneous insurance. The company organizes its operations into two segments: Motor and Non-Motor Products. Motor products include insure of compulsory and voluntary motor; Non-motor products include insure of property, marine and transportation, fire, engineering, personal accident and health, special products and liability and miscellaneous insurance. It generates its revenue from the premium income both direct premiums and reinsurance premiums, including the fees and commissions received.
82GF 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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