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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 TQM Alpha PCL's Debt-to-Equity or its related term are showing as below:
BKK:TQM-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.3 Max: 0.72
Current: 0.64
During the past 12 years, the highest Debt-to-Equity Ratio of TQM Alpha PCL was 0.72. The lowest was 0.00. And the median was 0.30.
BKK:TQM-R's Debt-to-Equity is ranked worse than 85.04% of 401
companies
in the Insurance industry
Industry Median: 0.21
vs BKK:TQM-R: 0.64
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.
TQM Alpha PCL Debt-to-Equity Related Terms
TQM Alpha PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for TQM Alpha 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:TQM-R vs MRSH, AON, AJG: Debt-to-Equity Comparison
For the Insurance Brokers subindustry, TQM Alpha 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.
TQM Alpha PCL Debt-to-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, TQM Alpha PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where TQM Alpha 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.
TQM Alpha PCL (BKK:TQM-R) has a Debt-to-Equity of 0.64 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TQM Alpha PCL and its competitors. This is 113% above median its historical median of 0.30. According to the industry distribution chart, TQM Alpha PCL ranks #341 out of 401 companies in the Insurance industry, placing it in the top 85%.
Is TQM Alpha PCL's Debt-to-Equity too high?
TQM Alpha PCL's current Debt-to-Equity of 0.64 is 113% above median its 10-year median of 0.30. The Insurance industry median Debt-to-Equity is 0.21. TQM Alpha PCL's value of 0.64 is 204.8% above this industry median. Based on the distribution chart, TQM Alpha PCL ranks #341 out of 401 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, TQM Alpha PCL has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does TQM Alpha PCL's Debt-to-Equity compare to MRSH and AON?
According to the Insurance industry distribution chart, TQM Alpha PCL ranks #341 out of 401 companies for Debt-to-Equity. This places TQM Alpha PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.21. TQM Alpha PCL's value of 0.64 is 204.8% above this benchmark. While the company's 10-year median is 0.30 vs. the industry median of 0.21, TQM Alpha 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 Insurance company?
The median Debt-to-Equity among Insurance companies is 0.21, based on 401 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. TQM Alpha PCL's current Debt-to-Equity of 0.64 is 204.8% 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 TQM Alpha PCL and its competitors. For the Insurance industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TQM Alpha PCL's current Debt-to-Equity is 0.64, which is 113% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TQM Alpha PCL stock overvalued right now?
TQM Alpha PCL (BKK:TQM-R) has a current Debt-to-Equity of 0.64. The stock's GF Value™ is ฿16.86, compared to a current price of ฿16.90 — trading 0.2% above its estimated fair value. The current Debt-to-Equity is 0.64, which is 113% above median its 10-year median of 0.30 and 204.8% above the Insurance industry median of 0.21. TQM Alpha PCL's overall GF Score™ is 86/100 with 11 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 TQM Alpha PCL (BKK:TQM-R), the current Debt-to-Equity is 0.64 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 TQM Alpha PCL (BKK:TQM-R) Overvalued in 2026?
Based on GuruFocus' analysis, TQM Alpha PCL stock appears to be overvalued.
The current stock price of ฿16.90 is trading 0.2% above its estimated GF Value™ of ฿16.86.
Key valuation signals for BKK:TQM-R:
Debt-to-Equity: 0.64 (113% above median its 10-year median of 0.30)
GF Value™: ฿16.86 vs. price of ฿16.90 (0.2% above fair value)
Industry Position: 204.8% above the Insurance median (#341 of 401)
No single metric tells the full story. See the BKK:TQM-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TQM Alpha PCL is engaged in investment in companies that are focused on non-life insurance brokers, life insurance brokers, reinsurance brokers, personal loans, and the provision of services as a manager, caregiver, collect benefits, and property management for related parties. It also provides procurement and consulting services for computer software and hardware.
86GF Score
Get the complete analysis for BKK:TQM-R
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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