Siam Pan Group PCL (BKK:SPG) Current Ratio: 15.19 (As of Mar. 2026) — 38% Above Median


BKK:SPG Siam Pan Group PCL BKK:SPG
71 GF Score
Price ฿11.00
GF Value ฿13.85
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Siam Pan Group PCL Current Ratio?

Siam Pan Group PCL BKK:SPG 71 Current Ratio is 15.19 as of Mar. 2026, which is 38% above its 10-year median of 11.04. GuruFocus rates BKK:SPG with a GF Score™ of 71/100 and a GF Value™ of ฿13.85 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,604 Chemicals companies, Siam Pan Group PCL ranks better than 98.19% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Siam Pan Group PCL's current ratio for the quarter that ended in Mar. 2026 was 15.19.

Siam Pan Group PCL has a current ratio of 15.19. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Siam Pan Group PCL's Current Ratio or its related term are showing as below:

BKK:SPG' s Current Ratio Range Over the Past 10 Years
Min: 6.63   Med: 11.04   Max: 18.66
Current: 15.19

During the past 13 years, Siam Pan Group PCL's highest Current Ratio was 18.66. The lowest was 6.63. And the median was 11.04.

BKK:SPG's Current Ratio is ranked better than
98.19% of 1604 companies
in the Chemicals industry
Industry Median: 1.89 vs BKK:SPG: 15.19

Siam Pan Group PCL  (BKK:SPG) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Siam Pan Group PCL Current Ratio Related Terms


Siam Pan Group PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for Siam Pan Group PCL's Current Ratio 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.

Siam Pan Group PCL Current Ratio Chart

Siam Pan Group PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 13.23 16.70 18.66 14.84

Siam Pan Group PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio 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 13.65 16.59 14.52 14.84 15.19

BKK:SPG vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Siam Pan Group PCL's Current Ratio, along with its competitors' market caps and Current Ratio 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.


Siam Pan Group PCL Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Siam Pan Group PCL's Current Ratio distribution charts can be found below:

* The bar in red indicates where Siam Pan Group PCL's Current Ratio falls into.


BKK:SPG
71GF Score
Siam Pan Group PCL BKK:SPG
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Pan Group PCL Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Siam Pan Group PCL's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=4816.989/324.676
=14.84

Siam Pan Group PCL's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=4945.169/325.477
=15.19

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 15.19 mean?
Siam Pan Group PCL (BKK:SPG) has a Current Ratio of 15.19 as of Mar. 2026. This is 38% above median its historical median of 11.04. Over the past decade, Siam Pan Group PCL's Current Ratio has ranged from 6.63 to 18.66. According to the industry distribution chart, Siam Pan Group PCL ranks #29 out of 1604 companies in the Chemicals industry, placing it in the top 1.8%.
Is Siam Pan Group PCL's Current Ratio too high?
Siam Pan Group PCL's current Current Ratio of 15.19 is 38% above median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 18.66. The Chemicals industry median Current Ratio is 1.89. Siam Pan Group PCL's value of 15.19 is 703.7% above this industry median. Based on the distribution chart, Siam Pan Group PCL ranks #29 out of 1604 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Siam Pan Group PCL has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Pan Group PCL's Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Siam Pan Group PCL ranks #29 out of 1604 companies for Current Ratio. This places Siam Pan Group PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Siam Pan Group PCL's value of 15.19 is 703.7% above this benchmark. Historically, Siam Pan Group PCL's own Current Ratio has ranged from 6.63 to 18.66 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 1.89, Siam Pan Group PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,604 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Siam Pan Group PCL's current Current Ratio of 15.19 is 703.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Pan Group PCL's current Current Ratio is 15.19, which is 38% above median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Pan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Pan Group PCL (BKK:SPG) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿13.85, compared to a current price of ฿11.00 — trading 20.6% below its estimated fair value. The current Current Ratio is 15.19, which is 38% above median its 10-year median of 11.04 and 703.7% above the Chemicals industry median of 1.89. Siam Pan Group PCL's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Siam Pan Group PCL (BKK:SPG), the current Current Ratio is 15.19 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 Siam Pan Group PCL (BKK:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Pan Group PCL stock appears to be undervalued. The current stock price of ฿11.00 is trading 20.6% below its estimated GF Value™ of ฿13.85. GuruFocus considers Siam Pan Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:SPG:

  • Current Ratio: 15.19 (38% above median its 10-year median of 11.04)
  • GF Value™: ฿13.85 vs. price of ฿11.00 (20.6% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 703.7% above the Chemicals median (#29 of 1604)

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


Siam Pan Group PCL Business Description

Address No. 488, Nakhon Sawan Road, Mahanak Junction, Dusit District, Bangkok, THA, 10300
Siam Pan Group PCL is a Thailand-based company that is engaged in the manufacturing and distributing of lubricating oil, grease, and batteries. The company has the following crucial segments which include Grease, and Lubricating Oil. In terms of revenue, the Grease segment generates more revenue for the company. The organization has its branches present in Thailand, Myanmar and Other countries of which it generates maximum revenue from Thailand.
71GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿11.00
Price
฿13.85
GF Value