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Pioneer Motor PCLBKK:PIMO-R 71 Price-to-Tangible-Book is 0.90 as of Sep. 01, 2026. GuruFocus rates BKK:PIMO-R with a GF Score™ of 71/100 and a GF Value™ of ฿1.06 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,891 Industrial Products companies, Pioneer Motor PCL ranks better than 82.98% on this metric.
The historical rank and industry rank for Pioneer Motor PCL's Price-to-Tangible-Book or its related term are showing as below:
BKK:PIMO-R'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 2.29 Max: 7.97
Current: 0.91
During the past 12 years, Pioneer Motor PCL's highest Price to Tangible Book Ratio was 7.97. The lowest was 0.65. And the median was 2.29.
BKK:PIMO-R's Price-to-Tangible-Book is ranked better than 82.98% of 2891
companies
in the Industrial Products industry
Industry Median: 2.51
vs BKK:PIMO-R: 0.91
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.
Pioneer Motor PCL Price-to-Tangible-Book Related Terms
Pioneer Motor PCL Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Pioneer Motor 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:PIMO-R vs GEV, ETN, PH: Price-to-Tangible-Book Comparison
For the Specialty Industrial Machinery subindustry, Pioneer Motor 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.
Pioneer Motor PCL Price-to-Tangible-Book vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pioneer Motor PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Pioneer Motor 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.
Pioneer Motor PCL (BKK:PIMO-R) has a Price-to-Tangible-Book of 0.90 as of Sep. 01, 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 Pioneer Motor PCL and its competitors. According to the industry distribution chart, Pioneer Motor PCL ranks #492 out of 2891 companies in the Industrial Products industry, placing it in the top 17%.
Is Pioneer Motor PCL's Price-to-Tangible-Book too high?
Pioneer Motor PCL's current Price-to-Tangible-Book is 0.90. The Industrial Products industry median Price-to-Tangible-Book is 2.51. Pioneer Motor PCL's value of 0.90 is 64.1% below this industry median. Based on the distribution chart, Pioneer Motor PCL ranks #492 out of 2891 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pioneer Motor PCL has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Motor PCL's Price-to-Tangible-Book compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Pioneer Motor PCL ranks #492 out of 2891 companies for Price-to-Tangible-Book. This places Pioneer Motor PCL in the top 17% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 2.51. Pioneer Motor PCL's value of 0.90 is 64.1% 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 Industrial Products company?
The median Price-to-Tangible-Book among Industrial Products companies is 2.51, based on 2,891 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. Pioneer Motor PCL's current Price-to-Tangible-Book of 0.90 is 64.1% 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 Pioneer Motor PCL and its competitors. For the Industrial Products industry, the median Price-to-Tangible-Book is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Motor PCL's current Price-to-Tangible-Book is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Motor PCL stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Motor PCL (BKK:PIMO-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.06, compared to a current price of ฿1.40 — trading 32% above its estimated fair value. The current Price-to-Tangible-Book is 0.90 and 64.1% below the Industrial Products industry median of 2.51. Pioneer Motor PCL's overall GF Score™ is 71/100 with 8 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 Pioneer Motor PCL (BKK:PIMO-R), the current Price-to-Tangible-Book is 0.90 as of Sep. 01, 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 Pioneer Motor PCL (BKK:PIMO-R) Overvalued in 2026?
Based on GuruFocus' analysis, Pioneer Motor PCL stock appears to be overvalued.
The current stock price of ฿1.40 is trading 32% above its estimated GF Value™ of ฿1.06.
GuruFocus considers Pioneer Motor PCL to be Significantly Overvalued.
Key valuation signals for BKK:PIMO-R:
Price-to-Tangible-Book: 0.90
GF Value™: ฿1.06 vs. price of ฿1.40 (32% above fair value)
Industry Position: 64.1% below the Industrial Products median (#492 of 2891)
No single metric tells the full story. See the BKK:PIMO-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pioneer Motor PCL is engaged in manufacturing and supplying various motor products. The company's products include air conditioner electric motors, general-purpose industrial motors, single and three-phase induction motors, pool and spa pump motors, as well as submersible dewatering and submersible sewage pumps. It distributes its products according to orders by electric appliance manufacturers. It also exports and sells its products to international customers.
71GF Score
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