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Glory Forever PCLBKK:GLORY -3.53%87 Debt-to-Equity is 0.01 as of Jun. 2026, which is at its 10-year median of 0.01. GuruFocus rates BKK:GLORY with a GF Score™ of 87/100 and a GF Value™ of ฿1.07 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 504 Conglomerates companies, Glory Forever PCL ranks better than 99.8% 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 Glory Forever PCL's Debt-to-Equity or its related term are showing as below:
BKK:GLORY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01
During the past 7 years, the highest Debt-to-Equity Ratio of Glory Forever PCL was 0.01. The lowest was 0.01. And the median was 0.01.
BKK:GLORY's Debt-to-Equity is ranked better than 99.8% of 504
companies
in the Conglomerates industry
Industry Median: 0.52
vs BKK:GLORY: 0.01
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.
Glory Forever PCL Debt-to-Equity Related Terms
Glory Forever PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Glory Forever 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 Conglomerates subindustry, Glory Forever 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.
Glory Forever PCL Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Glory Forever PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Glory Forever 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.
Glory Forever PCL (BKK:GLORY) has a Debt-to-Equity of 0.01 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Glory Forever PCL and its competitors. This is near median its historical median of 0.01. Over the past decade, Glory Forever PCL's Debt-to-Equity has ranged from 0.01 to 0.01. According to the industry distribution chart, Glory Forever PCL ranks #1 out of 504 companies in the Conglomerates industry, placing it in the top 0.2%.
Is Glory Forever PCL's Debt-to-Equity too high?
Glory Forever PCL's current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.01. The Conglomerates industry median Debt-to-Equity is 0.52. Glory Forever PCL's value of 0.01 is 98.1% below this industry median. Based on the distribution chart, Glory Forever PCL ranks #1 out of 504 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Glory Forever 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 Glory Forever PCL's Debt-to-Equity compare to MMM and HON?
According to the Conglomerates industry distribution chart, Glory Forever PCL ranks #1 out of 504 companies for Debt-to-Equity. This places Glory Forever PCL in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.52. Glory Forever PCL's value of 0.01 is 98.1% below this benchmark. Historically, Glory Forever PCL's own Debt-to-Equity has ranged from 0.01 to 0.01 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.52, Glory Forever PCL has consistently been below 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.52, based on 504 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. Glory Forever PCL's current Debt-to-Equity of 0.01 is 98.1% below 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 Glory Forever PCL and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glory Forever PCL's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glory Forever PCL stock overvalued right now?
Based on GuruFocus' analysis, Glory Forever PCL (BKK:GLORY) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.07, compared to a current price of ฿0.82 — trading 23.4% below its estimated fair value. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 98.1% below the Conglomerates industry median of 0.52. Glory Forever PCL's overall GF Score™ is 87/100 with 4 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 Glory Forever PCL (BKK:GLORY), the current Debt-to-Equity is 0.01 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 Glory Forever PCL (BKK:GLORY) Overvalued in 2026?
Based on GuruFocus' analysis, Glory Forever PCL stock appears to be undervalued.
The current stock price of ฿0.82 is trading 23.4% below its estimated GF Value™ of ฿1.07.
GuruFocus considers Glory Forever PCL to be Modestly Undervalued.
Key valuation signals for BKK:GLORY:
Debt-to-Equity: 0.01 (near median its 10-year median of 0.01)
GF Value™: ฿1.07 vs. price of ฿0.82 (23.4% below fair value)
Industry Position: 98.1% below the Conglomerates median (#1 of 504)
No single metric tells the full story. See the BKK:GLORY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Glory Forever PCL is engaged in e-commerce, i.e., trading of products and services conducted over the internet, and providing services related to residential projects. The Group is organized into business units based on its products and services and has three reportable segments, namely the E-commerce segment, Residential segment, and Other segment. Maximum revenue is generated from the E-commerce segment, which includes sales and services via electronic media through the internet network, consisting of services relating to the online novel platform, Alisa, and Vtuber. The Residential segment offers residential services consisting of management services for residential projects, as well as contracting works. Geographically, the Group operates in Thailand only.
87GF Score
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