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.
Navakij Insurance PCLBKK:NKI-R 58 Price-to-Tangible-Book is 0.30 as of Aug. 08, 2026, which is 64% below its 10-year median of 0.83. GuruFocus rates BKK:NKI-R with a GF Score™ of 58/100 and a GF Value™ of ฿17.01. The stock has 1 warning sign investors should review. Among 474 Insurance companies, Navakij Insurance PCL ranks better than 94.94% on this metric.
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.
Navakij Insurance PCL Price-to-Tangible-Book Related Terms
Navakij Insurance PCL Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Navakij 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:NKI-R vs CB, PGR, TRV: Price-to-Tangible-Book Comparison
For the Insurance - Property & Casualty subindustry, Navakij 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.
Navakij Insurance PCL Price-to-Tangible-Book vs Insurance Industry
For the Insurance industry and Financial Services sector, Navakij Insurance PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Navakij 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.
Navakij Insurance PCL (BKK:NKI-R) has a Price-to-Tangible-Book of 0.30 as of Aug. 08, 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 Navakij Insurance PCL and its competitors. This is 64% below median its historical median of 0.83. Over the past decade, Navakij Insurance PCL's Price-to-Tangible-Book has ranged from 0.29 to 1.03. According to the industry distribution chart, Navakij Insurance PCL ranks #24 out of 474 companies in the Insurance industry, placing it in the top 5.1%.
Is Navakij Insurance PCL's Price-to-Tangible-Book too high?
Navakij Insurance PCL's current Price-to-Tangible-Book of 0.30 is 64% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.03. The Insurance industry median Price-to-Tangible-Book is 1.54. Navakij Insurance PCL's value of 0.30 is 80.5% below this industry median. Based on the distribution chart, Navakij Insurance PCL ranks #24 out of 474 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Navakij Insurance PCL has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Navakij Insurance PCL's Price-to-Tangible-Book compare to CB and PGR?
According to the Insurance industry distribution chart, Navakij Insurance PCL ranks #24 out of 474 companies for Price-to-Tangible-Book. This places Navakij Insurance PCL in the top 5% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.54. Navakij Insurance PCL's value of 0.30 is 80.5% below this benchmark. Historically, Navakij Insurance PCL's own Price-to-Tangible-Book has ranged from 0.29 to 1.03 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.54, Navakij Insurance PCL has consistently been below the industry average. 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 1.54, based on 474 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. Navakij Insurance PCL's current Price-to-Tangible-Book of 0.30 is 80.5% 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 Navakij Insurance PCL and its competitors. For the Insurance industry, the median Price-to-Tangible-Book is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navakij Insurance PCL's current Price-to-Tangible-Book is 0.30, which is 64% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navakij Insurance PCL stock overvalued right now?
Navakij Insurance PCL (BKK:NKI-R) has a current Price-to-Tangible-Book of 0.30. The stock's GF Value™ is ฿17.01, compared to a current price of ฿13.00 — trading 23.6% below its estimated fair value. The current Price-to-Tangible-Book is 0.30, which is 64% below median its 10-year median of 0.83 and 80.5% below the Insurance industry median of 1.54. Navakij Insurance PCL's overall GF Score™ is 58/100 with 1 warning sign 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 Navakij Insurance PCL (BKK:NKI-R), the current Price-to-Tangible-Book is 0.30 as of Aug. 08, 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 Navakij Insurance PCL (BKK:NKI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Navakij Insurance PCL stock appears to be undervalued.
The current stock price of ฿13.00 is trading 23.6% below its estimated GF Value™ of ฿17.01.
Key valuation signals for BKK:NKI-R:
Price-to-Tangible-Book: 0.30 (64% below median its 10-year median of 0.83)
GF Value™: ฿17.01 vs. price of ฿13.00 (23.6% below fair value)
Industry Position: 80.5% below the Insurance median (#24 of 474)
No single metric tells the full story. See the BKK:NKI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navakij Insurance PCL is engaged in the provision of non-life insurance. The different kinds of insurance offered by the company include Motor Insurance, Fire Insurance, Marine and Transportation Insurance, and miscellaneous Insurance. The company operates its business in Thailand only.
58GF Score
Get the complete analysis for BKK:NKI-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:NKI-R has been successfully added to your 
