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Charoong Thai Wire & Cable PCLBKK:CTW +4.62%45 Debt-to-Equity is 0.34 as of Jun. 2026, which is 21% above its 10-year median of 0.28. GuruFocus rates BKK:CTW with a GF Score™ of 45/100 and a GF Value™ of ฿4.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,685 Industrial Products companies, Charoong Thai Wire & Cable PCL ranks worse than 54.86% 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 Charoong Thai Wire & Cable PCL's Debt-to-Equity or its related term are showing as below:
BKK:CTW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.28 Max: 0.5
Current: 0.34
During the past 13 years, the highest Debt-to-Equity Ratio of Charoong Thai Wire & Cable PCL was 0.50. The lowest was 0.03. And the median was 0.28.
BKK:CTW's Debt-to-Equity is ranked worse than 54.86% of 2685
companies
in the Industrial Products industry
Industry Median: 0.29
vs BKK:CTW: 0.34
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.
Charoong Thai Wire & Cable PCL Debt-to-Equity Related Terms
Charoong Thai Wire & Cable PCL Debt-to-Equity Historical Data
* 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 Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.
Charoong Thai Wire & Cable PCL Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Charoong Thai Wire & Cable 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.
Charoong Thai Wire & Cable PCL (BKK:CTW) has a Debt-to-Equity of 0.34 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Charoong Thai Wire & Cable PCL and its competitors. This is 21% above median its historical median of 0.28. Over the past decade, Charoong Thai Wire & Cable PCL's Debt-to-Equity has ranged from 0.03 to 0.50. According to the industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1473 out of 2685 companies in the Industrial Products industry, placing it in the top 54.9%.
Is Charoong Thai Wire & Cable PCL's Debt-to-Equity too high?
Charoong Thai Wire & Cable PCL's current Debt-to-Equity of 0.34 is 21% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.50. The Industrial Products industry median Debt-to-Equity is 0.29. Charoong Thai Wire & Cable PCL's value of 0.34 is 17.2% above this industry median. Based on the distribution chart, Charoong Thai Wire & Cable PCL ranks #1473 out of 2685 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Charoong Thai Wire & Cable PCL ranks #1473 out of 2685 companies for Debt-to-Equity. This places Charoong Thai Wire & Cable PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.29. Charoong Thai Wire & Cable PCL's value of 0.34 is 17.2% above this benchmark. Historically, Charoong Thai Wire & Cable PCL's own Debt-to-Equity has ranged from 0.03 to 0.50 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.29, Charoong Thai Wire & Cable 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,685 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. Charoong Thai Wire & Cable PCL's current Debt-to-Equity of 0.34 is 17.2% 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 Charoong Thai Wire & Cable PCL and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoong Thai Wire & Cable PCL's current Debt-to-Equity is 0.34, which is 21% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.10, compared to a current price of ฿6.80 — trading 65.9% above its estimated fair value. The current Debt-to-Equity is 0.34, which is 21% above median its 10-year median of 0.28 and 17.2% above the Industrial Products industry median of 0.29. Charoong Thai Wire & Cable PCL's overall GF Score™ is 45/100 with 5 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current Debt-to-Equity is 0.34 as of Jun. 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued.
The current stock price of ฿6.80 is trading 65.9% above its estimated GF Value™ of ฿4.10.
GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.
Key valuation signals for BKK:CTW:
Debt-to-Equity: 0.34 (21% above median its 10-year median of 0.28)
GF Value™: ฿4.10 vs. price of ฿6.80 (65.9% above fair value)
Industry Position: 17.2% above the Industrial Products median (#1473 of 2685)
No single metric tells the full story. See the BKK:CTW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
45GF Score
Get the complete analysis for BKK:CTW
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