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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.
Star Petroleum Refining PCL Price-to-Tangible-Book Related Terms
Star Petroleum Refining PCL Price-to-Tangible-Book Historical Data
* 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.
Star Petroleum Refining PCL Price-to-Tangible-Book Chart
BKK:SPRC-R vs MPC, VLO, PSX: Price-to-Tangible-Book Comparison
For the Oil & Gas Refining & Marketing subindustry, Star Petroleum Refining 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.
Star Petroleum Refining PCL Price-to-Tangible-Book vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Star Petroleum Refining PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Star Petroleum Refining 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.
Star Petroleum Refining PCL (BKK:SPRC-R) has a Price-to-Tangible-Book of 1.05 as of Aug. 30, 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 Star Petroleum Refining PCL and its competitors. According to the industry distribution chart, Star Petroleum Refining PCL ranks #265 out of 888 companies in the Oil & Gas industry, placing it in the top 29.8%.
Is Star Petroleum Refining PCL's Price-to-Tangible-Book too high?
Star Petroleum Refining PCL's current Price-to-Tangible-Book is 1.05. The Oil & Gas industry median Price-to-Tangible-Book is 1.58. Star Petroleum Refining PCL's value of 1.05 is 33.5% below this industry median. Based on the distribution chart, Star Petroleum Refining PCL ranks #265 out of 888 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Star Petroleum Refining PCL has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Petroleum Refining PCL's Price-to-Tangible-Book compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Star Petroleum Refining PCL ranks #265 out of 888 companies for Price-to-Tangible-Book. This puts Star Petroleum Refining PCL in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.58. Star Petroleum Refining PCL's value of 1.05 is 33.5% 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 Oil & Gas company?
The median Price-to-Tangible-Book among Oil & Gas companies is 1.58, based on 888 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. Star Petroleum Refining PCL's current Price-to-Tangible-Book of 1.05 is 33.5% 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 Star Petroleum Refining PCL and its competitors. For the Oil & Gas industry, the median Price-to-Tangible-Book is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Petroleum Refining PCL's current Price-to-Tangible-Book is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Petroleum Refining PCL stock overvalued right now?
Based on GuruFocus' analysis, Star Petroleum Refining PCL (BKK:SPRC-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿6.40, compared to a current price of ฿12.80 — trading 100% above its estimated fair value. The current Price-to-Tangible-Book is 1.05 and 33.5% below the Oil & Gas industry median of 1.58. Star Petroleum Refining PCL's overall GF Score™ is 66/100 with 5 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 Star Petroleum Refining PCL (BKK:SPRC-R), the current Price-to-Tangible-Book is 1.05 as of Aug. 30, 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 Star Petroleum Refining PCL (BKK:SPRC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Star Petroleum Refining PCL stock appears to be overvalued.
The current stock price of ฿12.80 is trading 100% above its estimated GF Value™ of ฿6.40.
GuruFocus considers Star Petroleum Refining PCL to be Significantly Overvalued.
Key valuation signals for BKK:SPRC-R:
Price-to-Tangible-Book: 1.05
GF Value™: ฿6.40 vs. price of ฿12.80 (100% above fair value)
Industry Position: 33.5% below the Oil & Gas median (#265 of 888)
No single metric tells the full story. See the BKK:SPRC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Petroleum Refining PCL operates petroleum refinery in Thailand. The company produces multiple petroleum products such as Liquefied Petroleum Gas, gasoline, jet fuel, diesel, fuel oil, asphalt, and others. Geographically the majority of its sales are conducted in Thailand. However, the company also produces petroleum products for international markets.
66GF Score
Get the complete analysis for BKK:SPRC-R
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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