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Techno Medical PCLBKK:TM-R 77 Price-to-Tangible-Book is 1.70 as of Jul. 16, 2026, which is 2% below its 10-year median of 1.73. GuruFocus rates BKK:TM-R with a GF Score™ of 77/100 and a GF Value™ of ฿3.03. The stock has 6 warning signs investors should review. Among 98 Medical Distribution companies, Techno Medical PCL ranks better than 87.76% on this metric.
The historical rank and industry rank for Techno Medical PCL's Price-to-Tangible-Book or its related term are showing as below:
BKK:TM-R'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46 Med: 1.73 Max: 3.22
Current: 0.68
During the past 11 years, Techno Medical PCL's highest Price to Tangible Book Ratio was 3.22. The lowest was 0.46. And the median was 1.73.
BKK:TM-R's Price-to-Tangible-Book is ranked better than 87.76% of 98
companies
in the Medical Distribution industry
Industry Median: 1.15
vs BKK:TM-R: 0.68
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.
Techno Medical PCL Price-to-Tangible-Book Related Terms
Techno Medical PCL Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Techno Medical 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:TM-R vs MCK, CAH, COR: Price-to-Tangible-Book Comparison
For the Medical Distribution subindustry, Techno Medical 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.
Techno Medical PCL Price-to-Tangible-Book vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Techno Medical PCL's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Techno Medical 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.
Techno Medical PCL (BKK:TM-R) has a Price-to-Tangible-Book of 1.70 as of Jul. 16, 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 Techno Medical PCL and its competitors. This is near median its historical median of 1.73. Over the past decade, Techno Medical PCL's Price-to-Tangible-Book has ranged from 0.46 to 3.22. According to the industry distribution chart, Techno Medical PCL ranks #12 out of 98 companies in the Medical Distribution industry, placing it in the top 12.2%.
Is Techno Medical PCL's Price-to-Tangible-Book too high?
Techno Medical PCL's current Price-to-Tangible-Book of 1.70 is near median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 3.22. The Medical Distribution industry median Price-to-Tangible-Book is 1.15. Techno Medical PCL's value of 1.70 is 47.8% above this industry median. Based on the distribution chart, Techno Medical PCL ranks #12 out of 98 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Techno Medical PCL has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Techno Medical PCL's Price-to-Tangible-Book compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Techno Medical PCL ranks #12 out of 98 companies for Price-to-Tangible-Book. This places Techno Medical PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.15. Techno Medical PCL's value of 1.70 is 47.8% above this benchmark. Historically, Techno Medical PCL's own Price-to-Tangible-Book has ranged from 0.46 to 3.22 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.15, Techno Medical PCL has consistently been above 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 a Medical Distribution company?
The median Price-to-Tangible-Book among Medical Distribution companies is 1.15, based on 98 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. Techno Medical PCL's current Price-to-Tangible-Book of 1.70 is 47.8% 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 Techno Medical PCL and its competitors. For the Medical Distribution industry, the median Price-to-Tangible-Book is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Medical PCL's current Price-to-Tangible-Book is 1.70, which is near median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Medical PCL stock overvalued right now?
Techno Medical PCL (BKK:TM-R) has a current Price-to-Tangible-Book of 1.70. The stock's GF Value™ is ฿3.03, compared to a current price of ฿2.32 — trading 23.4% below its estimated fair value. The current Price-to-Tangible-Book is 1.70, which is near median its 10-year median of 1.73 and 47.8% above the Medical Distribution industry median of 1.15. Techno Medical PCL's overall GF Score™ is 77/100 with 6 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 Techno Medical PCL (BKK:TM-R), the current Price-to-Tangible-Book is 1.70 as of Jul. 16, 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 Techno Medical PCL (BKK:TM-R) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Medical PCL stock appears to be undervalued.
The current stock price of ฿2.32 is trading 23.4% below its estimated GF Value™ of ฿3.03.
Key valuation signals for BKK:TM-R:
Price-to-Tangible-Book: 1.70 (near median its 10-year median of 1.73)
GF Value™: ฿3.03 vs. price of ฿2.32 (23.4% below fair value)
Industry Position: 47.8% above the Medical Distribution median (#12 of 98)
No single metric tells the full story. See the BKK:TM-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Medical PCL is a Thailand-based company engaged in the trading business of medical supplies, tools, and equipment. The business activity of the group is import and distribution of operating instruments and disposable supplies, central sterile supply department products, instrument and supply used in laboratory and blood bank, and equipment and tools for heart surgery. Its segments consist of Disposable Equipment and Supplies, Sales of Medical Equipment and Instruments and Services related to Nursing Care. Maximum of revenue is Sales of Disposable Equipment and Supplies.
77GF Score
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