Generally, shares with a price-to-book value (P/BV ratio) of less than 1 are considered good value by investors.
The P/BV ratio of the 10 stocks listed by Thansettakij was between 0.49 and 0.99.
Mostly commercial bank stocks, they could offer annual dividends of at least 2-3 per cent, reported Thansettakij. Of these, Thanachart Capital (TCAP) offered dividends of up to 8 per cent:
Published : March 23, 2021
By : The Nation