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Siamese Asset PCLBKK:SA-R 51 Price-to-Tangible-Book is 1.51 as of Sep. 09, 2026. GuruFocus rates BKK:SA-R with a GF Score™ of 51/100 and a GF Value™ of ฿6.08 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,684 Real Estate companies, Siamese Asset PCL ranks worse than 72.98% 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.
Siamese Asset PCL Price-to-Tangible-Book Related Terms
Siamese Asset PCL Price-to-Tangible-Book Historical Data
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The historical data trend for Siamese Asset 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.
For the Real Estate - Development subindustry, Siamese Asset 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.
Siamese Asset PCL Price-to-Tangible-Book vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Siamese Asset PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Siamese Asset 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.
Siamese Asset PCL (BKK:SA-R) has a Price-to-Tangible-Book of 1.51 as of Sep. 09, 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 Siamese Asset PCL and its competitors. According to the industry distribution chart, Siamese Asset PCL ranks #1229 out of 1684 companies in the Real Estate industry, placing it in the top 73%.
Is Siamese Asset PCL's Price-to-Tangible-Book too high?
Siamese Asset PCL's current Price-to-Tangible-Book is 1.51. The Real Estate industry median Price-to-Tangible-Book is 0.84. Siamese Asset PCL's value of 1.51 is 79.8% above this industry median. Based on the distribution chart, Siamese Asset PCL ranks #1229 out of 1684 companies in the Real Estate industry, which is below the industry midpoint. Overall, Siamese Asset PCL has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siamese Asset PCL's Price-to-Tangible-Book compare to competitors?
According to the Real Estate industry distribution chart, Siamese Asset PCL ranks #1229 out of 1684 companies for Price-to-Tangible-Book. This places Siamese Asset PCL in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.84. Siamese Asset PCL's value of 1.51 is 79.8% above 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 Real Estate company?
The median Price-to-Tangible-Book among Real Estate companies is 0.84, based on 1,684 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. Siamese Asset PCL's current Price-to-Tangible-Book of 1.51 is 79.8% above 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 Siamese Asset PCL and its competitors. For the Real Estate industry, the median Price-to-Tangible-Book is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamese Asset PCL's current Price-to-Tangible-Book is 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamese Asset PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamese Asset PCL (BKK:SA-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.08, compared to a current price of ฿7.05 — trading 16% above its estimated fair value. The current Price-to-Tangible-Book is 1.51 and 79.8% above the Real Estate industry median of 0.84. Siamese Asset PCL's overall GF Score™ is 51/100 with 9 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 Siamese Asset PCL (BKK:SA-R), the current Price-to-Tangible-Book is 1.51 as of Sep. 09, 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 Siamese Asset PCL (BKK:SA-R) Overvalued in 2026?
Based on GuruFocus' analysis, Siamese Asset PCL stock appears to be overvalued.
The current stock price of ฿7.05 is trading 16% above its estimated GF Value™ of ฿6.08.
GuruFocus considers Siamese Asset PCL to be Modestly Overvalued.
Key valuation signals for BKK:SA-R:
Price-to-Tangible-Book: 1.51
GF Value™: ฿6.08 vs. price of ฿7.05 (16% above fair value)
Industry Position: 79.8% above the Real Estate median (#1229 of 1684)
No single metric tells the full story. See the BKK:SA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siamese Asset PCL is involved in the real estate business. The operations of the Company are property development for sale and management of real estate development projects and providing consulting and management services to the Group. The company's operating segment includes the Real estate development segment, Service segment, Hotel segment, and Rental segment. The company generates the majority of its revenue from the Real estate development segment, which is engaged in the real estate development business, which includes single houses, townhouses, and condominiums.
51GF Score
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