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General Engineering PCLBKK:GEL-R +33.33% Debt-to-Equity is 1.92 as of Jun. 2026, which is 357% above its 10-year median of 0.42. The stock has 5 warning signs investors should review. Among 375 Building Materials companies, General Engineering PCL ranks worse than 94.4% 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 General Engineering PCL's Debt-to-Equity or its related term are showing as below:
BKK:GEL-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.42 Max: 1.92
Current: 1.92
During the past 13 years, the highest Debt-to-Equity Ratio of General Engineering PCL was 1.92. The lowest was 0.08. And the median was 0.42.
BKK:GEL-R's Debt-to-Equity is ranked worse than 94.4% of 375
companies
in the Building Materials industry
Industry Median: 0.35
vs BKK:GEL-R: 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.
General Engineering PCL Debt-to-Equity Related Terms
General Engineering 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.
BKK:GEL-R vs CRH, VMC, MLM: Debt-to-Equity Comparison
For the Building Materials subindustry, General Engineering 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.
General Engineering PCL Debt-to-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, General Engineering PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where General Engineering 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.
General Engineering PCL (BKK:GEL-R) has a Debt-to-Equity of 1.92 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on General Engineering PCL and its competitors. This is 357% above median its historical median of 0.42. Over the past decade, General Engineering PCL's Debt-to-Equity has ranged from 0.08 to 1.92. According to the industry distribution chart, General Engineering PCL ranks #354 out of 375 companies in the Building Materials industry, placing it in the top 94.4%.
Is General Engineering PCL's Debt-to-Equity too high?
General Engineering PCL's current Debt-to-Equity of 1.92 is 357% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.92. The Building Materials industry median Debt-to-Equity is 0.35. General Engineering PCL's value of 1.92 is 448.6% above this industry median. Based on the distribution chart, General Engineering PCL ranks #354 out of 375 companies in the Building Materials industry, which is in the bottom quartile relative to peers.
How does General Engineering PCL's Debt-to-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, General Engineering PCL ranks #354 out of 375 companies for Debt-to-Equity. This places General Engineering PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.35. General Engineering PCL's value of 1.92 is 448.6% above this benchmark. Historically, General Engineering PCL's own Debt-to-Equity has ranged from 0.08 to 1.92 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.35, General Engineering 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 Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.35, based on 375 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. General Engineering PCL's current Debt-to-Equity of 1.92 is 448.6% 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 General Engineering PCL and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Engineering PCL's current Debt-to-Equity is 1.92, which is 357% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Engineering PCL stock overvalued right now?
General Engineering PCL (BKK:GEL-R) has a current Debt-to-Equity of 1.92. The stock's GF Value™ is ฿0.03, compared to a current price of ฿0.04 — trading 33.3% above its estimated fair value. The current Debt-to-Equity is 1.92, which is 357% above median its 10-year median of 0.42 and 448.6% above the Building Materials industry median of 0.35. 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 General Engineering PCL (BKK:GEL-R), the current Debt-to-Equity is 1.92 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.
General Engineering PCL is engaged in the manufacturing and selling of construction material, prestressed concrete piles, precast concrete, glass fiber reinforced concrete, cementation products and post-tensioned slab, prestressed spun concrete piles, the special qualified PC wire and PC Strand and providing the construction and installation services for such products. Its operating segments are Manufacturing and distribution of concrete products, which is the key revenue-generating segment; Construction services; and Manufacturing and distribution of PC wire and PC strand. The company and its subsidiaries operate in Thailand only.
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