Netbay PCL (BKK:NETBAY) ROE % Adjusted to Book Value: 3.84% (As of Mar. 2026)


BKK:NETBAY Netbay PCL BKK:NETBAY
78 GF Score
Price ฿9.85
GF Value ฿21.55
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Netbay PCL ROE % Adjusted to Book Value?

Netbay PCL BKK:NETBAY +1.03% 78 ROE % Adjusted to Book Value is 3.84% as of Mar. 2026. GuruFocus rates BKK:NETBAY with a GF Score™ of 78/100 and a GF Value™ of ฿21.55 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Netbay PCL's ROE % for the quarter that ended in Mar. 2026 was 25.84%. Netbay PCL's PB Ratio for the quarter that ended in Mar. 2026 was 6.73. Netbay PCL's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 3.84%.


Netbay PCL ROE % Adjusted to Book Value Related Terms


Netbay PCL ROE % Adjusted to Book Value Historical Data

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The historical data trend for Netbay PCL's ROE % Adjusted to Book Value 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.

Netbay PCL ROE % Adjusted to Book Value Chart

Netbay PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 3.46 3.70 6.56 5.94

Netbay PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.07 6.65 5.52 5.42 3.84

BKK:NETBAY vs CRM, SHOP, UBER: ROE % Adjusted to Book Value Comparison

For the Software - Application subindustry, Netbay PCL's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Netbay PCL ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, Netbay PCL's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Netbay PCL's ROE % Adjusted to Book Value falls into.


BKK:NETBAY
78GF Score
Netbay PCL BKK:NETBAY
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Netbay PCL ROE % Adjusted to Book Value Calculation

Netbay PCL's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=50.20% / 8.45
=5.94%

Netbay PCL's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=25.84% / 6.73
=3.84%

* 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.

What does a ROE % Adjusted to Book Value of 3.84% mean?
Netbay PCL (BKK:NETBAY) has a ROE % Adjusted to Book Value of 3.84% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Netbay PCL and its competitors.
Is Netbay PCL's ROE % Adjusted to Book Value too high?
Netbay PCL's current ROE % Adjusted to Book Value is 3.84%. Overall, Netbay PCL has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netbay PCL's ROE % Adjusted to Book Value compare to CRM and SHOP?
Netbay PCL's ROE % Adjusted to Book Value of 3.84% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Software company?
A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Netbay PCL and its competitors. Netbay PCL's current ROE % Adjusted to Book Value is 3.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netbay PCL stock overvalued right now?
Based on GuruFocus' analysis, Netbay PCL (BKK:NETBAY) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿21.55, compared to a current price of ฿9.85 — trading 54.3% below its estimated fair value. The current ROE % Adjusted to Book Value is 3.84%. Netbay PCL's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Netbay PCL (BKK:NETBAY), the current ROE % Adjusted to Book Value is 3.84% as of Mar. 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 Netbay PCL (BKK:NETBAY) Overvalued in 2026?

Based on GuruFocus' analysis, Netbay PCL stock appears to be undervalued. The current stock price of ฿9.85 is trading 54.3% below its estimated GF Value™ of ฿21.55. GuruFocus considers Netbay PCL to be Significantly Undervalued.

Key valuation signals for BKK:NETBAY:

  • ROE % Adjusted to Book Value: 3.84%
  • GF Value™: ฿21.55 vs. price of ฿9.85 (54.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the BKK:NETBAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Netbay PCL Business Description

Address No. 719/5, 8-9, Rama 6 Road, Wang Mai Sub-district, Pathumwan District, Bangkok, THA, 10330
Netbay PCL is a Thailand-based company engaged in the provision and development of computer software used in the transmission of information electronically. The company creates, designs, and develops a digital business technology platform and omnichannel connectivity gateway. It operates in two segments: The e-Business segment, which develops an e-Business product in the form of services (SaaS: Software As A Service), and the e-Service segment, which rendered an e-Business service for the Business segment to Government (B2G) transaction, and Business segment to Business segment (B2B) transaction. The company operates only in Thailand and generates the majority of its revenue from the e-Business segment.
78GF Score

Get the complete analysis for BKK:NETBAY

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿9.85
Price
฿21.55
GF Value