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Thai Reinsurance PCL
SET:THRE

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Thai Reinsurance PCL
SET:THRE
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Price: 0.39 THB
Market Cap: ฿1.6B

P/B

0.4
Current
39%
Cheaper
vs 3-y average of 0.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.4
=
Market Cap
฿1.7B
/
Total Equity
฿3.7B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
0.4
=
Market Cap
฿1.7B
/
Total Equity
฿3.7B

Valuation Scenarios

Thai Reinsurance PCL is trading below its 3-year average

If P/B returns to its 3-Year Average (0.7), the stock would be worth ฿0.64 (65% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+152%
Average Upside
111%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 0.4 ฿0.39
0%
3-Year Average 0.7 ฿0.64
+65%
5-Year Average 1.1 ฿0.98
+152%
Industry Average 0.9 ฿0.77
+98%
Country Average 1 ฿0.9
+129%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 87% of companies in Thailand
Percentile
13th
Based on 398 companies
13th percentile
0.4
Low
0.1 — 0.7
Typical Range
0.7 — 1.6
High
1.6 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 0.7
Median 1
70th Percentile 1.6
Max 30.3

Other Multiples

Thai Reinsurance PCL
Glance View

Market Cap
1.6B THB
Industry
Insurance

Thai Reinsurance Public Co., Ltd. engages in the provision insurance, and reinsurance services. The company is headquartered in Bangkok, Bangkok Metropolis. The firm operates two business segments, such as conventional and non-conventional products. The firm is engaged in the reinsure non-life reinsurance business and developing new insurance products with its insurance company partners. The company also provides full insurance-related services of insurance by its affiliated companies. The firm operates a reinsurance business to help non-life businesses diversify risk including but not limited to property, personal accident, engineering, and marine and cargo risk. The company also provides new insurance product development and revision of existing insurance products. The firm offers services, such as risk management consulting, technical assistance, marketing support, education, and information services.

THRE Intrinsic Value
0.87 THB
Undervaluation 55%
Intrinsic Value
Price ฿0.39
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