Thansettakij reveals 10 ‘best value’ stocks on SET100 Index
Thansettakij business newspaper identified 10 stocks on the SET100 Index whose price was lower than the book value on Tuesday.
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:
