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Assetwise PCLBKK:ASW -0.62%87 Debt-to-Equity is 1.92 as of Mar. 2026, which is 11% above its 10-year median of 1.73. GuruFocus rates BKK:ASW with a GF Score™ of 87/100 and a GF Value™ of ฿9.45 (Modestly Undervalued). The stock has 13 warning signs investors should review. Among 1,543 Real Estate companies, Assetwise PCL ranks worse than 81.85% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Assetwise PCL's Debt-to-Equity or its related term are showing as below:
BKK:ASW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.86 Med: 1.73 Max: 2.2
Current: 1.92
During the past 7 years, the highest Debt-to-Equity Ratio of Assetwise PCL was 2.20. The lowest was 0.86. And the median was 1.73.
BKK:ASW's Debt-to-Equity is ranked worse than 81.85% of 1543
companies
in the Real Estate industry
Industry Median: 0.75
vs BKK:ASW: 1.92
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Assetwise PCL Debt-to-Equity Related Terms
Assetwise PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Assetwise PCL's Debt-to-Equity 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.
For the Real Estate - Development subindustry, Assetwise PCL's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Assetwise PCL Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Assetwise PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Assetwise PCL's Debt-to-Equity falls into.
* 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.
Assetwise PCL (BKK:ASW) has a Debt-to-Equity of 1.92 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Assetwise PCL and its competitors. This is 11% above median its historical median of 1.73. Over the past decade, Assetwise PCL's Debt-to-Equity has ranged from 0.86 to 2.20. According to the industry distribution chart, Assetwise PCL ranks #1263 out of 1543 companies in the Real Estate industry, placing it in the top 81.9%.
Is Assetwise PCL's Debt-to-Equity too high?
Assetwise PCL's current Debt-to-Equity of 1.92 is 11% above median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 2.20. The Real Estate industry median Debt-to-Equity is 0.75. Assetwise PCL's value of 1.92 is 156% above this industry median. Based on the distribution chart, Assetwise PCL ranks #1263 out of 1543 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Assetwise PCL has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Assetwise PCL's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Assetwise PCL ranks #1263 out of 1543 companies for Debt-to-Equity. This places Assetwise PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.75. Assetwise PCL's value of 1.92 is 156% above this benchmark. Historically, Assetwise PCL's own Debt-to-Equity has ranged from 0.86 to 2.20 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 0.75, Assetwise 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 Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,543 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Assetwise PCL's current Debt-to-Equity of 1.92 is 156% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Assetwise PCL and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assetwise PCL's current Debt-to-Equity is 1.92, which is 11% above median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assetwise PCL stock overvalued right now?
Based on GuruFocus' analysis, Assetwise PCL (BKK:ASW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.45, compared to a current price of ฿8.00 — trading 15.3% below its estimated fair value. The current Debt-to-Equity is 1.92, which is 11% above median its 10-year median of 1.73 and 156% above the Real Estate industry median of 0.75. Assetwise PCL's overall GF Score™ is 87/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Assetwise PCL (BKK:ASW), the current Debt-to-Equity is 1.92 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 Assetwise PCL (BKK:ASW) Overvalued in 2026?
Based on GuruFocus' analysis, Assetwise PCL stock appears to be undervalued.
The current stock price of ฿8.00 is trading 15.3% below its estimated GF Value™ of ฿9.45.
GuruFocus considers Assetwise PCL to be Modestly Undervalued.
Key valuation signals for BKK:ASW:
Debt-to-Equity: 1.92 (11% above median its 10-year median of 1.73)
GF Value™: ฿9.45 vs. price of ฿8.00 (15.3% below fair value)
Industry Position: 156% above the Real Estate median (#1263 of 1543)
No single metric tells the full story. See the BKK:ASW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Assetwise PCL operates in the business of real estate development for sale and real estate development for lease, the business of real estate agents, intermediary services for international payments, and research and investment in digital assets, lifestyle business, and technology. Its real estate portfolio includes both condominiums and horizontal residential property, namely, single houses, townhomes, and home offices. The company generates revenue via rental and services, the sale of real estate, and dividend income.
87GF Score
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