VGI PCLBKK:VGI-R 62 Debt-to-Equity is 0.02 as of Mar. 2026, which is 83% below its 10-year median of 0.12. GuruFocus rates BKK:VGI-R with a GF Score™ of 62/100 and a GF Value™ of ฿1.01. The stock has 4 warning signs investors should review. Among 510 Conglomerates companies, VGI PCL ranks better than 97.06% 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 VGI PCL's Debt-to-Equity or its related term are showing as below:
BKK:VGI-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 1.59
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of VGI PCL was 1.59. The lowest was 0.01. And the median was 0.12.
BKK:VGI-R's Debt-to-Equity is ranked better than 97.06% of 510
companies
in the Conglomerates industry
Industry Median: 0.54
vs BKK:VGI-R: 0.02
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.
VGI PCL Debt-to-Equity Related Terms
VGI PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for VGI 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.
For the Conglomerates subindustry, VGI 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.
VGI PCL Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, VGI PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where VGI 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.
VGI PCL (BKK:VGI-R) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on VGI PCL and its competitors. This is 83% below median its historical median of 0.12. Over the past decade, VGI PCL's Debt-to-Equity has ranged from 0.01 to 1.59. According to the industry distribution chart, VGI PCL ranks #15 out of 510 companies in the Conglomerates industry, placing it in the top 2.9%.
Is VGI PCL's Debt-to-Equity too high?
VGI PCL's current Debt-to-Equity of 0.02 is 83% below median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.59. The Conglomerates industry median Debt-to-Equity is 0.54. VGI PCL's value of 0.02 is 96.3% below this industry median. Based on the distribution chart, VGI PCL ranks #15 out of 510 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, VGI PCL has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does VGI PCL's Debt-to-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, VGI PCL ranks #15 out of 510 companies for Debt-to-Equity. This places VGI PCL in the top 3% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.54. VGI PCL's value of 0.02 is 96.3% below this benchmark. Historically, VGI PCL's own Debt-to-Equity has ranged from 0.01 to 1.59 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.54, VGI 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.54, based on 510 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. VGI PCL's current Debt-to-Equity of 0.02 is 96.3% 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 VGI PCL and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VGI PCL's current Debt-to-Equity is 0.02, which is 83% below median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VGI PCL stock overvalued right now?
VGI PCL (BKK:VGI-R) has a current Debt-to-Equity of 0.02. The stock's GF Value™ is ฿1.01, compared to a current price of ฿0.83 — trading 17.8% below its estimated fair value. The current Debt-to-Equity is 0.02, which is 83% below median its 10-year median of 0.12 and 96.3% below the Conglomerates industry median of 0.54. VGI PCL's overall GF Score™ is 62/100 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 VGI PCL (BKK:VGI-R), the current Debt-to-Equity is 0.02 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 VGI PCL (BKK:VGI-R) Overvalued in 2026?
Based on GuruFocus' analysis, VGI PCL stock appears to be undervalued.
The current stock price of ฿0.83 is trading 17.8% below its estimated GF Value™ of ฿1.01.
Key valuation signals for BKK:VGI-R:
Debt-to-Equity: 0.02 (83% below median its 10-year median of 0.12)
GF Value™: ฿1.01 vs. price of ฿0.83 (17.8% below fair value)
Industry Position: 96.3% below the Conglomerates median (#15 of 510)
No single metric tells the full story. See the BKK:VGI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VGI PCL is principally engaged in the arrangement and provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, in office buildings, and other spaces and the rental at BTS stations.is organised into business units based on the services it provides, and there are four reportable segments as follows: the Transit segment, the Digital service segment, the Distribution segment, and the Other segment. The majority of the revenue is derived from the Transit segment, which provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, on BTS Column and the rental of retail space at BTS stations. Geographically, the company operates in Thailand.
62GF Score
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