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Siam Pan Group PCLBKK:SPG +1.69%70 Debt-to-Equity is 0.01 as of Jun. 2026, which is at its 10-year median of 0.01. GuruFocus rates BKK:SPG with a GF Score™ of 70/100 and a GF Value™ of ฿12.72 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,419 Chemicals companies, Siam Pan Group PCL ranks better than 99.93% 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 Siam Pan Group PCL's Debt-to-Equity or its related term are showing as below:
BKK:SPG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.02
Current: 0.01
During the past 13 years, the highest Debt-to-Equity Ratio of Siam Pan Group PCL was 0.02. The lowest was 0.01. And the median was 0.01.
BKK:SPG's Debt-to-Equity is ranked better than 99.93% of 1419
companies
in the Chemicals industry
Industry Median: 0.36
vs BKK:SPG: 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.
Siam Pan Group PCL Debt-to-Equity Related Terms
Siam Pan Group PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Siam Pan 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.
BKK:SPG vs LIN, SHW, ECL: Debt-to-Equity Comparison
For the Specialty Chemicals subindustry, Siam Pan 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.
Siam Pan Group PCL Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Siam Pan Group PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Siam Pan Group 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.
Siam Pan Group PCL (BKK:SPG) 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 Siam Pan Group PCL and its competitors. This is near median its historical median of 0.01. Over the past decade, Siam Pan Group PCL's Debt-to-Equity has ranged from 0.01 to 0.02. According to the industry distribution chart, Siam Pan Group PCL ranks #1 out of 1419 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is Siam Pan Group PCL's Debt-to-Equity too high?
Siam Pan Group 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 0.02. The Chemicals industry median Debt-to-Equity is 0.36. Siam Pan Group PCL's value of 0.01 is 97.2% below this industry median. Based on the distribution chart, Siam Pan Group PCL ranks #1 out of 1419 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Siam Pan Group PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siam Pan Group PCL's Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Siam Pan Group PCL ranks #1 out of 1419 companies for Debt-to-Equity. This places Siam Pan Group PCL in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.36. Siam Pan Group PCL's value of 0.01 is 97.2% below this benchmark. Historically, Siam Pan Group PCL's own Debt-to-Equity has ranged from 0.01 to 0.02 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.36, Siam Pan 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,419 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. Siam Pan Group PCL's current Debt-to-Equity of 0.01 is 97.2% 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 Siam Pan Group PCL and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Pan Group 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 Siam Pan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Pan Group PCL (BKK:SPG) is currently considered Fairly Valued. The stock's GF Value™ is ฿12.72, compared to a current price of ฿12.00 — trading 5.7% 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 97.2% below the Chemicals industry median of 0.36. Siam Pan Group PCL's overall GF Score™ is 70/100 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 Siam Pan Group PCL (BKK:SPG), 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 Siam Pan Group PCL (BKK:SPG) Overvalued in 2026?
Based on GuruFocus' analysis, Siam Pan Group PCL stock appears to be undervalued.
The current stock price of ฿12.00 is trading 5.7% below its estimated GF Value™ of ฿12.72.
GuruFocus considers Siam Pan Group PCL to be Fairly Valued.
Key valuation signals for BKK:SPG:
Debt-to-Equity: 0.01 (near median its 10-year median of 0.01)
GF Value™: ฿12.72 vs. price of ฿12.00 (5.7% below fair value)
Industry Position: 97.2% below the Chemicals median (#1 of 1419)
No single metric tells the full story. See the BKK:SPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siam Pan Group PCL is a Thailand-based company that is engaged in the manufacturing and distributing of lubricating oil, grease, and batteries. The company has the following crucial segments which include Grease, and Lubricating Oil. In terms of revenue, the Grease segment generates more revenue for the company. The organization has its branches present in Thailand, Myanmar and Other countries of which it generates maximum revenue from Thailand.
70GF Score
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