STP&I PCLBKK:STPI-R 57 Debt-to-Equity is 0.39 as of Mar. 2026, which is 70% above its 10-year median of 0.23. GuruFocus rates BKK:STPI-R with a GF Score™ of 57/100. The stock has 4 warning signs investors should review. Among 2,681 Industrial Products companies, STP&I PCL ranks worse than 59.72% 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 STP&I PCL's Debt-to-Equity or its related term are showing as below:
BKK:STPI-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.23 Max: 0.54
Current: 0.39
During the past 13 years, the highest Debt-to-Equity Ratio of STP&I PCL was 0.54. The lowest was 0.00. And the median was 0.23.
BKK:STPI-R's Debt-to-Equity is ranked worse than 59.72% of 2681
companies
in the Industrial Products industry
Industry Median: 0.28
vs BKK:STPI-R: 0.39
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.
STP&I PCL Debt-to-Equity Related Terms
STP&I PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for STP&I 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:STPI-R vs CRS, ATI, MLI: Debt-to-Equity Comparison
For the Metal Fabrication subindustry, STP&I 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.
STP&I PCL Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, STP&I PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where STP&I 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.
STP&I PCL (BKK:STPI-R) has a Debt-to-Equity of 0.39 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on STP&I PCL and its competitors. This is 70% above median its historical median of 0.23. According to the industry distribution chart, STP&I PCL ranks #1601 out of 2681 companies in the Industrial Products industry, placing it in the top 59.7%.
Is STP&I PCL's Debt-to-Equity too high?
STP&I PCL's current Debt-to-Equity of 0.39 is 70% above median its 10-year median of 0.23. The Industrial Products industry median Debt-to-Equity is 0.28. STP&I PCL's value of 0.39 is 39.3% above this industry median. Based on the distribution chart, STP&I PCL ranks #1601 out of 2681 companies in the Industrial Products industry, which is below the industry midpoint. Overall, STP&I PCL has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does STP&I PCL's Debt-to-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, STP&I PCL ranks #1601 out of 2681 companies for Debt-to-Equity. This places STP&I PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.28. STP&I PCL's value of 0.39 is 39.3% above this benchmark. While the company's 10-year median is 0.23 vs. the industry median of 0.28, STP&I 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,681 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. STP&I PCL's current Debt-to-Equity of 0.39 is 39.3% 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 STP&I PCL and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STP&I PCL's current Debt-to-Equity is 0.39, which is 70% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STP&I PCL stock overvalued right now?
STP&I PCL (BKK:STPI-R) has a current Debt-to-Equity of 0.39. The current Debt-to-Equity is 0.39, which is 70% above median its 10-year median of 0.23 and 39.3% above the Industrial Products industry median of 0.28. STP&I PCL's overall GF Score™ is 57/100 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 STP&I PCL (BKK:STPI-R), the current Debt-to-Equity is 0.39 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.
STP&I PCL is engaged in steel fabrication work, and the manufacture of boilers and pressure vessels. Its products include Steel structure, Piping, Module providing services to engineering, fabrication and construction sectors. The company operates in five reportable segments namely, The fabrication work for construction and industrial purpose, Sale of electricity and servicing of electricity, Rental of property, and production and Distribution of hemp products. It has a business presence in Thailand, Spain, Japan, England, Sri Lanka and other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:STPI-R has been successfully added to your 