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Carabao Group PCL
SET:CBG

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Carabao Group PCL
SET:CBG
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Price: 36.25 THB -0.68% Market Closed
Market Cap: ฿36.3B

P/B

2.6
Current
56%
Cheaper
vs 3-y average of 5.8

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
2.6
=
Market Cap
฿46B
/
Total Equity
฿14.1B

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
2.6
=
Market Cap
฿46B
/
Total Equity
฿14.1B

Valuation Scenarios

Carabao Group PCL is trading below its 3-year average

If P/B returns to its 3-Year Average (5.8), the stock would be worth ฿81.62 (125% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-61%
Maximum Upside
+179%
Average Upside
55%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.6 ฿36.25
0%
3-Year Average 5.8 ฿81.62
+125%
5-Year Average 7.2 ฿101.25
+179%
Industry Average 2 ฿28.14
-22%
Country Average 1 ฿14.26
-61%

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

Higher than 85% of companies in Thailand
Percentile
85th
Based on 398 companies
85th percentile
2.6
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

Carabao Group PCL
Glance View

Market Cap
36.3B THB
Industry
Beverages

In the bustling landscape of Thailand's beverage industry, Carabao Group PCL stands as a tenacious contender renowned for its iconic energy drink. Founded in 2001 and carrying the resilient spirit of its namesake, 'Carabao'—the water buffalo—this company blends practicality with innovation. The brainchild of entrepreneur Sathien Setthasit and folk singer Aed Carabao, the brand found its roots deeply entrenched in the lifestyle of the working class, promising vitality and endurance. Originally starting as a local brand, Carabao Group rapidly expanded beyond Thai borders, thanks to strategic marketing campaigns and international partnerships that bolstered its visibility on the global stage. Notably, the company diversified its offerings with various flavor profiles and even ventured into sponsorship deals in sports and music, amplifying its affiliation with stamina and tenacity. Carabao Group makes its financial mark primarily through robust sales of its energy beverages, dominating retail and convenience store shelves both domestically and internationally. With an extensive distribution network, the company's products are manufactured in state-of-the-art facilities designed to maintain high production standards and ensure cost-effectiveness. Beyond manufacturing, Carabao also boasts a substantial stake in logistics and packaging, illustrating strategic vertical integration that reduces operational costs and enhances profitability. Its synergies within and beyond the beverage sector illustrate a keen understanding of market demands and supply chain efficiency, carving its place as a formidable player in the competitive energy drink market. Through a calculated blend of traditional marketing and modern strategic alliances, Carabao Group consistently seeks new horizons to fuel its growth ambitions.

CBG Intrinsic Value
94.15 THB
Undervaluation 61%
Intrinsic Value
Price ฿36.25
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