The Platinum Group PCL (BKK:PLAT) Debt-to-Equity: 0.52 (As of Mar. 2026) — 68% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:PLAT The Platinum Group PCL BKK:PLAT
70 GF Score
Price ฿1.39
GF Value ฿2.72
Valuation Possible Value Trap
! 10 Warning Signs
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What is The Platinum Group PCL Debt-to-Equity?

The Platinum Group PCL BKK:PLAT 70 Debt-to-Equity is 0.52 as of Mar. 2026, which is 68% above its 10-year median of 0.31. GuruFocus rates BKK:PLAT with a GF Score™ of 70/100 and a GF Value™ of ฿2.72 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,544 Real Estate companies, The Platinum Group PCL ranks better than 59.91% on this metric.

The Platinum Group PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿198 Mil. The Platinum Group PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ฿4,269 Mil. The Platinum Group PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿8,628 Mil. The Platinum Group PCL's debt to equity for the quarter that ended in Mar. 2026 was 0.52.

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 The Platinum Group PCL's Debt-to-Equity or its related term are showing as below:

BKK:PLAT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.31   Max: 0.53
Current: 0.52

During the past 12 years, the highest Debt-to-Equity Ratio of The Platinum Group PCL was 0.53. The lowest was 0.00. And the median was 0.31.

BKK:PLAT's Debt-to-Equity is ranked better than
59.91% of 1544 companies
in the Real Estate industry
Industry Median: 0.73 vs BKK:PLAT: 0.52

The Platinum Group PCL  (BKK:PLAT) 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.


The Platinum Group PCL Debt-to-Equity Related Terms


The Platinum Group PCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for The Platinum Group 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.

The Platinum Group PCL Debt-to-Equity Chart

The Platinum Group 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 0.35 0.40 0.36 0.35 0.53

The Platinum Group 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 0.34 0.51 0.51 0.53 0.52

BKK:PLAT vs CBRE, BEKE, JLL: Debt-to-Equity Comparison

For the Real Estate - Development subindustry, The Platinum Group 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.


The Platinum Group PCL Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, The Platinum Group PCL's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The Platinum Group PCL's Debt-to-Equity falls into.


BKK:PLAT
70GF Score
The Platinum Group PCL BKK:PLAT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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The Platinum Group PCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Platinum Group PCL's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

The Platinum Group 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 0.52 mean?
The Platinum Group PCL (BKK:PLAT) has a Debt-to-Equity of 0.52 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on The Platinum Group PCL and its competitors. This is 68% above median its historical median of 0.31. According to the industry distribution chart, The Platinum Group PCL ranks #619 out of 1544 companies in the Real Estate industry, placing it in the top 40.1%.
Is The Platinum Group PCL's Debt-to-Equity too high?
The Platinum Group PCL's current Debt-to-Equity of 0.52 is 68% above median its 10-year median of 0.31. The Real Estate industry median Debt-to-Equity is 0.73. The Platinum Group PCL's value of 0.52 is 28.8% below this industry median. Based on the distribution chart, The Platinum Group PCL ranks #619 out of 1544 companies in the Real Estate industry, which is above the industry midpoint. Overall, The Platinum Group PCL has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Platinum Group PCL's Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, The Platinum Group PCL ranks #619 out of 1544 companies for Debt-to-Equity. This puts The Platinum Group PCL in the upper half of its industry. The industry median Debt-to-Equity is 0.73. The Platinum Group PCL's value of 0.52 is 28.8% below this benchmark. While the company's 10-year median is 0.31 vs. the industry median of 0.73, The Platinum Group 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,544 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. The Platinum Group PCL's current Debt-to-Equity of 0.52 is 28.8% 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 The Platinum Group PCL and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Platinum Group PCL's current Debt-to-Equity is 0.52, which is 68% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Platinum Group PCL stock overvalued right now?
Based on GuruFocus' analysis, The Platinum Group PCL (BKK:PLAT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.72, compared to a current price of ฿1.39 — trading 48.9% below its estimated fair value. The current Debt-to-Equity is 0.52, which is 68% above median its 10-year median of 0.31 and 28.8% below the Real Estate industry median of 0.73. The Platinum Group PCL's overall GF Score™ is 70/100 with 10 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 The Platinum Group PCL (BKK:PLAT), the current Debt-to-Equity is 0.52 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 The Platinum Group PCL (BKK:PLAT) Overvalued in 2026?

Based on GuruFocus' analysis, The Platinum Group PCL stock appears to be undervalued. The current stock price of ฿1.39 is trading 48.9% below its estimated GF Value™ of ฿2.72. GuruFocus considers The Platinum Group PCL to be Possible Value Trap.

Key valuation signals for BKK:PLAT:

  • Debt-to-Equity: 0.52 (68% above median its 10-year median of 0.31)
  • GF Value™: ฿2.72 vs. price of ฿1.39 (48.9% below fair value)
  • GF Score™: 70/100 with 10 warning signs
  • Industry Position: 28.8% below the Real Estate median (#619 of 1544)

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


The Platinum Group PCL Business Description

Address Ratchadamri Road, 21st Floor, 111 Pier 111 (M2) Building, Lumphini, Pathumwan, Bangkok, THA, 10330
The Platinum Group PCL is engaged in the provision of property rental, hotel, and food center operations in Thailand. Its business includes the Platinum Fashion Mall, The Market Bangkok, PIER 111, Novotel Bangkok Platinum Pratunam, Moxy Bangkok Ratchaprasong, and Holiday Inn Resort Samui Bophut Beach. The company and its subsidiaries are organized into business units based on its products and services and have three reportable segments, which are the Development and rental of retail space in shopping center and office spaces segment; Hotel operations segment; and Food and beverages centers segment. The company generates the majority of its revenue from the Hotel operations segment.
70GF Score

Get the complete analysis for BKK:PLAT

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

฿1.39
Price
฿2.72
GF Value