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Thanasiri Group PCLBKK:THANA-R 55 Debt-to-Equity is 1.03 as of Jun. 2026, which is 10% above its 10-year median of 0.94. GuruFocus rates BKK:THANA-R with a GF Score™ of 55/100 and a GF Value™ of ฿1.07. The stock has 9 warning signs investors should review. Among 1,543 Real Estate companies, Thanasiri Group PCL ranks worse than 61.7% 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 Thanasiri Group PCL's Debt-to-Equity or its related term are showing as below:
BKK:THANA-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 0.94 Max: 2.03
Current: 1.03
During the past 13 years, the highest Debt-to-Equity Ratio of Thanasiri Group PCL was 2.03. The lowest was 0.47. And the median was 0.94.
BKK:THANA-R's Debt-to-Equity is ranked worse than 61.7% of 1543
companies
in the Real Estate industry
Industry Median: 0.75
vs BKK:THANA-R: 1.03
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.
Thanasiri Group PCL Debt-to-Equity Related Terms
Thanasiri Group PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Thanasiri 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.
Thanasiri Group PCL Debt-to-Equity Competitor Comparison
For the Real Estate - Development subindustry, Thanasiri 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.
Thanasiri Group PCL Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Thanasiri Group PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Thanasiri 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.
Thanasiri Group PCL (BKK:THANA-R) has a Debt-to-Equity of 1.03 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thanasiri Group PCL and its competitors. This is 10% above median its historical median of 0.94. Over the past decade, Thanasiri Group PCL's Debt-to-Equity has ranged from 0.47 to 2.03. According to the industry distribution chart, Thanasiri Group PCL ranks #952 out of 1543 companies in the Real Estate industry, placing it in the top 61.7%.
Is Thanasiri Group PCL's Debt-to-Equity too high?
Thanasiri Group PCL's current Debt-to-Equity of 1.03 is 10% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 2.03. The Real Estate industry median Debt-to-Equity is 0.75. Thanasiri Group PCL's value of 1.03 is 37.3% above this industry median. Based on the distribution chart, Thanasiri Group PCL ranks #952 out of 1543 companies in the Real Estate industry, which is below the industry midpoint. Overall, Thanasiri Group PCL has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Thanasiri Group PCL's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Thanasiri Group PCL ranks #952 out of 1543 companies for Debt-to-Equity. This places Thanasiri Group PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.75. Thanasiri Group PCL's value of 1.03 is 37.3% above this benchmark. Historically, Thanasiri Group PCL's own Debt-to-Equity has ranged from 0.47 to 2.03 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.75, Thanasiri Group 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,543 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. Thanasiri Group PCL's current Debt-to-Equity of 1.03 is 37.3% 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 Thanasiri Group PCL and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thanasiri Group PCL's current Debt-to-Equity is 1.03, which is 10% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanasiri Group PCL stock overvalued right now?
Thanasiri Group PCL (BKK:THANA-R) has a current Debt-to-Equity of 1.03. The stock's GF Value™ is ฿1.07, compared to a current price of ฿1.58 — trading 47.7% above its estimated fair value. The current Debt-to-Equity is 1.03, which is 10% above median its 10-year median of 0.94 and 37.3% above the Real Estate industry median of 0.75. Thanasiri Group PCL's overall GF Score™ is 55/100 with 9 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 Thanasiri Group PCL (BKK:THANA-R), the current Debt-to-Equity is 1.03 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 Thanasiri Group PCL (BKK:THANA-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thanasiri Group PCL stock appears to be overvalued.
The current stock price of ฿1.58 is trading 47.7% above its estimated GF Value™ of ฿1.07.
Key valuation signals for BKK:THANA-R:
Debt-to-Equity: 1.03 (10% above median its 10-year median of 0.94)
GF Value™: ฿1.07 vs. price of ฿1.58 (47.7% above fair value)
Industry Position: 37.3% above the Real Estate median (#952 of 1543)
No single metric tells the full story. See the BKK:THANA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thanasiri Group PCL is a Thailand-based company. It is engaged in the business of Property development for sale. The operations of the company are located in Thailand. The projects of the company include Thana Hibbati Pinklao - Sirindhorn, Thanasiri Ratchaphruek - Tha Nam Non, Thana Village Rama 5 - Bangyai, Thanasio Rattanathibet, and Thana Cluster Ratchapruek, among others. Its operating segments include Real estate business - horizontal, Service business, and Sell products business.
55GF Score
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