Permsin Steel Works PCL (BKK:PERM) Debt-to-Equity: 13.09 (As of Jun. 2026) — 422% Above Median

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BKK:PERM Permsin Steel Works PCL BKK:PERM
25 GF Score
Price ฿0.27
GF Value ฿0.38
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Permsin Steel Works PCL Debt-to-Equity?

Permsin Steel Works PCL BKK:PERM 25 Debt-to-Equity is 13.09 as of Jun. 2026, which is 422% above its 10-year median of 2.51. GuruFocus rates BKK:PERM with a GF Score™ of 25/100 and a GF Value™ of ฿0.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 548 Steel companies, Permsin Steel Works PCL ranks worse than 99.27% on this metric.

Permsin Steel Works PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿2,884 Mil. Permsin Steel Works PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ฿218 Mil. Permsin Steel Works PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿237 Mil. Permsin Steel Works PCL's debt to equity for the quarter that ended in Jun. 2026 was 13.09.

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 Permsin Steel Works PCL's Debt-to-Equity or its related term are showing as below:

BKK:PERM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76   Med: 2.51   Max: 13.09
Current: 13.09

During the past 13 years, the highest Debt-to-Equity Ratio of Permsin Steel Works PCL was 13.09. The lowest was 0.76. And the median was 2.51.

BKK:PERM's Debt-to-Equity is ranked worse than
99.27% of 548 companies
in the Steel industry
Industry Median: 0.41 vs BKK:PERM: 13.09

Permsin Steel Works PCL  (BKK:PERM) 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.


Permsin Steel Works PCL Debt-to-Equity Related Terms


Permsin Steel Works PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Permsin Steel Works 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.

Permsin Steel Works PCL Debt-to-Equity Chart

Permsin Steel Works 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 1.56 2.48 4.12 7.51 11.32

Permsin Steel Works PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.39 9.04 11.32 11.31 13.09

BKK:PERM vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, Permsin Steel Works 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.


Permsin Steel Works PCL Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Permsin Steel Works PCL's Debt-to-Equity falls into.


BKK:PERM
25GF Score
Permsin Steel Works PCL BKK:PERM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Permsin Steel Works PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Permsin Steel Works PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Permsin Steel Works PCL's Debt to Equity Ratio for the quarter that ended in Jun. 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 13.09 mean?
Permsin Steel Works PCL (BKK:PERM) has a Debt-to-Equity of 13.09 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Permsin Steel Works PCL and its competitors. This is 422% above median its historical median of 2.51. Over the past decade, Permsin Steel Works PCL's Debt-to-Equity has ranged from 0.76 to 13.09. According to the industry distribution chart, Permsin Steel Works PCL ranks #544 out of 548 companies in the Steel industry, placing it in the top 99.3%.
Is Permsin Steel Works PCL's Debt-to-Equity too high?
Permsin Steel Works PCL's current Debt-to-Equity of 13.09 is 422% above median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 13.09. The Steel industry median Debt-to-Equity is 0.41. Permsin Steel Works PCL's value of 13.09 is 3092.7% above this industry median. Based on the distribution chart, Permsin Steel Works PCL ranks #544 out of 548 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Permsin Steel Works PCL has a GF Score™ of 25/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Permsin Steel Works PCL's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Permsin Steel Works PCL ranks #544 out of 548 companies for Debt-to-Equity. This places Permsin Steel Works PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Permsin Steel Works PCL's value of 13.09 is 3092.7% above this benchmark. Historically, Permsin Steel Works PCL's own Debt-to-Equity has ranged from 0.76 to 13.09 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 0.41, Permsin Steel Works 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 548 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. Permsin Steel Works PCL's current Debt-to-Equity of 13.09 is 3092.7% 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 Permsin Steel Works PCL and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permsin Steel Works PCL's current Debt-to-Equity is 13.09, which is 422% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permsin Steel Works PCL stock overvalued right now?
Based on GuruFocus' analysis, Permsin Steel Works PCL (BKK:PERM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.38, compared to a current price of ฿0.27 — trading 28.9% below its estimated fair value. The current Debt-to-Equity is 13.09, which is 422% above median its 10-year median of 2.51 and 3092.7% above the Steel industry median of 0.41. Permsin Steel Works PCL's overall GF Score™ is 25/100 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 Permsin Steel Works PCL (BKK:PERM), the current Debt-to-Equity is 13.09 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 Permsin Steel Works PCL (BKK:PERM) Overvalued in 2026?

Based on GuruFocus' analysis, Permsin Steel Works PCL stock appears to be undervalued. The current stock price of ฿0.27 is trading 28.9% below its estimated GF Value™ of ฿0.38. GuruFocus considers Permsin Steel Works PCL to be Modestly Undervalued.

Key valuation signals for BKK:PERM:

  • Debt-to-Equity: 13.09 (422% above median its 10-year median of 2.51)
  • GF Value™: ฿0.38 vs. price of ฿0.27 (28.9% below fair value)
  • GF Score™: 25/100 with 4 warning signs
  • Industry Position: 3092.7% above the Steel median (#544 of 548)

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


Permsin Steel Works PCL Business Description

Address 4, 95-96 Moo 6, Rama 2 Road, Koak-Kam Sub-district, Muang Samutsakorn, Samutsakorn, THA, 74000
Permsin Steel Works PCL is principally engaged in the manufacture and distribution of hot rolled steel and cold rolled steel, C-channel, galvanized high tensile strength, electro-galvanized steel, C-line, C-U, t-bar, and roll forming metal sheet. The Group has three reportable segments: the Distribution of rolled steel segment, the Manufacturing and distribution of metal sheet segment, and the Manufacturing and distribution of pre-painted steel coil segment. The majority of revenue is from the Manufacturing and distribution of metal sheet segment.
25GF Score

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

฿0.27
Price
฿0.38
GF Value