Grand Prix International PCL (BKK:GPI) Debt-to-Equity: 0.02 (As of Mar. 2026) — 100% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:GPI Grand Prix International PCL BKK:GPI
96 GF Score
Price ฿1.82
GF Value ฿2.02
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Grand Prix International PCL Debt-to-Equity?

Grand Prix International PCL BKK:GPI 96 Debt-to-Equity is 0.02 as of Mar. 2026, which is 100% above its 10-year median of 0.01. GuruFocus rates BKK:GPI with a GF Score™ of 96/100 and a GF Value™ of ฿2.02 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 834 Media - Diversified companies, Grand Prix International PCL ranks better than 91.49% on this metric.

Grand Prix International PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿7.2 Mil. Grand Prix International PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿7.3 Mil. Grand Prix International PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿898.3 Mil. Grand Prix International PCL's debt to equity for the quarter that ended in Mar. 2026 was 0.02.

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 Grand Prix International PCL's Debt-to-Equity or its related term are showing as below:

BKK:GPI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.12
Current: 0.02

During the past 12 years, the highest Debt-to-Equity Ratio of Grand Prix International PCL was 0.12. The lowest was 0.00. And the median was 0.01.

BKK:GPI's Debt-to-Equity is ranked better than
91.49% of 834 companies
in the Media - Diversified industry
Industry Median: 0.25 vs BKK:GPI: 0.02

Grand Prix International PCL  (BKK:GPI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Grand Prix International PCL Debt-to-Equity Related Terms


Grand Prix International PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Grand Prix International 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.

Grand Prix International PCL Debt-to-Equity Chart

Grand Prix International PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.02 0.03 0.02

Grand Prix International PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.01 0.01 0.02 0.02 0.02

BKK:GPI vs APP, OMC, TTD: Debt-to-Equity Comparison

For the Advertising Agencies subindustry, Grand Prix International 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.


Grand Prix International PCL Debt-to-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Grand Prix International PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Grand Prix International PCL's Debt-to-Equity falls into.


BKK:GPI
96GF Score
Grand Prix International PCL BKK:GPI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Grand Prix International PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Grand Prix International PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Grand Prix International PCL's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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 Debt-to-Equity →
What does a Debt-to-Equity of 0.02 mean?
Grand Prix International PCL (BKK:GPI) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Grand Prix International PCL and its competitors. This is 100% above median its historical median of 0.01. According to the industry distribution chart, Grand Prix International PCL ranks #71 out of 834 companies in the Media - Diversified industry, placing it in the top 8.5%.
Is Grand Prix International PCL's Debt-to-Equity too high?
Grand Prix International PCL's current Debt-to-Equity of 0.02 is 100% above median its 10-year median of 0.01. The Media - Diversified industry median Debt-to-Equity is 0.25. Grand Prix International PCL's value of 0.02 is 92% below this industry median. Based on the distribution chart, Grand Prix International PCL ranks #71 out of 834 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Prix International PCL has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Prix International PCL's Debt-to-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Grand Prix International PCL ranks #71 out of 834 companies for Debt-to-Equity. This places Grand Prix International PCL in the top 9% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.25. Grand Prix International PCL's value of 0.02 is 92% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.25, Grand Prix International 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 Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.25, based on 834 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. Grand Prix International PCL's current Debt-to-Equity of 0.02 is 92% 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 Grand Prix International PCL and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Prix International PCL's current Debt-to-Equity is 0.02, which is 100% above 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 Grand Prix International PCL stock overvalued right now?
Based on GuruFocus' analysis, Grand Prix International PCL (BKK:GPI) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.02, compared to a current price of ฿1.82 — trading 9.9% below its estimated fair value. The current Debt-to-Equity is 0.02, which is 100% above median its 10-year median of 0.01 and 92% below the Media - Diversified industry median of 0.25. Grand Prix International PCL's overall GF Score™ is 96/100 with 2 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 Grand Prix International PCL (BKK:GPI), the current Debt-to-Equity is 0.02 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 Grand Prix International PCL (BKK:GPI) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Prix International PCL stock appears to be undervalued. The current stock price of ฿1.82 is trading 9.9% below its estimated GF Value™ of ฿2.02. GuruFocus considers Grand Prix International PCL to be Modestly Undervalued.

Key valuation signals for BKK:GPI:

  • Debt-to-Equity: 0.02 (100% above median its 10-year median of 0.01)
  • GF Value™: ฿2.02 vs. price of ฿1.82 (9.9% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 92% below the Media - Diversified median (#71 of 834)

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


Grand Prix International PCL Business Description

Address Ladplaklao Road, No. 4/299, Moo 5, Soi Ladplaklao 66, Kwang Anusaovaree, Khet Bangkhen, Bangkok, THA, 10220
Grand Prix International PCL is engaged in providing space for motor shows, exhibitions, and automotive-related products and marketing promotion services, Advertising media in printing, television, and website, Production and distribution of books, Printing services, and Others. The business operation of the company is divided into segments, namely Activities Services, Media & Publishing, Printing Services, and the Other segment. The company derives a majority of its revenue from the Activities Services segment.
96GF Score

Get the complete analysis for BKK:GPI

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

฿1.82
Price
฿2.02
GF Value