Thai Reinsurance PCL (BKK:THRE-R) EV-to-EBITDA: 6.74 (As of Jul. 02, 2026) — 18% Below Median


BKK:THRE-R Thai Reinsurance PCL BKK:THRE-R
44 GF Score
Price ฿0.39
GF Value ฿0.47
! 3 Warning Signs
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What is Thai Reinsurance PCL EV-to-EBITDA?

Thai Reinsurance PCL BKK:THRE-R 44 EV-to-EBITDA is 6.74 as of Jul. 02, 2026, which is 18% below its 10-year median of 8.26. GuruFocus rates BKK:THRE-R with a GF Score™ of 44/100 and a GF Value™ of ฿0.47. The stock has 3 warning signs investors should review. Among 348 Insurance companies, Thai Reinsurance PCL ranks better than 59.48% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thai Reinsurance PCL's enterprise value is ฿1,386 Mil. Thai Reinsurance PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿206 Mil. Therefore, Thai Reinsurance PCL's EV-to-EBITDA for today is 6.74.

The historical rank and industry rank for Thai Reinsurance PCL's EV-to-EBITDA or its related term are showing as below:

BKK:THRE-R' s EV-to-EBITDA Range Over the Past 10 Years
Min: -250.43   Med: 8.26   Max: 186.79
Current: 6.74

During the past 13 years, the highest EV-to-EBITDA of Thai Reinsurance PCL was 186.79. The lowest was -250.43. And the median was 8.26.

BKK:THRE-R's EV-to-EBITDA is ranked better than
59.48% of 348 companies
in the Insurance industry
Industry Median: 8.225 vs BKK:THRE-R: 6.74

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-02), Thai Reinsurance PCL's stock price is ฿0.39. Thai Reinsurance PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿0.034. Therefore, Thai Reinsurance PCL's PE Ratio (TTM) for today is 11.47.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Thai Reinsurance PCL  (BKK:THRE-R) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Thai Reinsurance PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.39/0.034
=11.47

Thai Reinsurance PCL's share price for today is ฿0.39.
Thai Reinsurance PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.034.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Thai Reinsurance PCL EV-to-EBITDA Related Terms


Thai Reinsurance PCL EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thai Reinsurance PCL's EV-to-EBITDA 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.

Thai Reinsurance PCL EV-to-EBITDA Chart

Thai Reinsurance PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.38 -17.23 11.42 6.16 58.95

Thai Reinsurance PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.19 6.73 7.31 58.95 7.15

BKK:THRE-R vs RGA, EG, RNR: EV-to-EBITDA Comparison

For the Insurance - Reinsurance subindustry, Thai Reinsurance PCL's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Thai Reinsurance PCL EV-to-EBITDA vs Insurance Industry

For the Insurance industry and Financial Services sector, Thai Reinsurance PCL's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thai Reinsurance PCL's EV-to-EBITDA falls into.


BKK:THRE-R
44GF Score
Thai Reinsurance PCL BKK:THRE-R
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Reinsurance PCL EV-to-EBITDA Calculation

Thai Reinsurance PCL's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1386.058/205.679
=6.74

Thai Reinsurance PCL's current Enterprise Value is ฿1,386 Mil.
Thai Reinsurance PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿206 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 6.74 mean?
Thai Reinsurance PCL (BKK:THRE-R) has a EV-to-EBITDA of 6.74 as of Jul. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thai Reinsurance PCL. This is 18% below median its historical median of 8.26. According to the industry distribution chart, Thai Reinsurance PCL ranks #141 out of 348 companies in the Insurance industry, placing it in the top 40.5%.
Is Thai Reinsurance PCL's EV-to-EBITDA too high?
Thai Reinsurance PCL's current EV-to-EBITDA of 6.74 is 18% below median its 10-year median of 8.26. The Insurance industry median EV-to-EBITDA is 8.23. Thai Reinsurance PCL's value of 6.74 is 18.1% below this industry median. Based on the distribution chart, Thai Reinsurance PCL ranks #141 out of 348 companies in the Insurance industry, which is above the industry midpoint. Overall, Thai Reinsurance PCL has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Thai Reinsurance PCL's EV-to-EBITDA compare to RGA and EG?
According to the Insurance industry distribution chart, Thai Reinsurance PCL ranks #141 out of 348 companies for EV-to-EBITDA. This puts Thai Reinsurance PCL in the upper half of its industry. The industry median EV-to-EBITDA is 8.23. Thai Reinsurance PCL's value of 6.74 is 18.1% below this benchmark. While the company's 10-year median is 8.26 vs. the industry median of 8.23, Thai Reinsurance 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 EV-to-EBITDA for an Insurance company?
The median EV-to-EBITDA among Insurance companies is 8.23, based on 348 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Reinsurance PCL's current EV-to-EBITDA of 6.74 is 18.1% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thai Reinsurance PCL. For the Insurance industry, the median EV-to-EBITDA is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Reinsurance PCL's current EV-to-EBITDA is 6.74, which is 18% below median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Reinsurance PCL stock overvalued right now?
Thai Reinsurance PCL (BKK:THRE-R) has a current EV-to-EBITDA of 6.74. The stock's GF Value™ is ฿0.47, compared to a current price of ฿0.39 — trading 17% below its estimated fair value. The current EV-to-EBITDA is 6.74, which is 18% below median its 10-year median of 8.26 and 18.1% below the Insurance industry median of 8.23. Thai Reinsurance PCL's overall GF Score™ is 44/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Thai Reinsurance PCL (BKK:THRE-R), the current EV-to-EBITDA is 6.74 as of Jul. 02, 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 Thai Reinsurance PCL (BKK:THRE-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Reinsurance PCL stock appears to be undervalued. The current stock price of ฿0.39 is trading 17% below its estimated GF Value™ of ฿0.47.

Key valuation signals for BKK:THRE-R:

  • EV-to-EBITDA: 6.74 (18% below median its 10-year median of 8.26)
  • GF Value™: ฿0.47 vs. price of ฿0.39 (17% below fair value)
  • GF Score™: 44/100 with 3 warning signs
  • Industry Position: 18.1% below the Insurance median (#141 of 348)

No single metric tells the full story. See the BKK:THRE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Reinsurance PCL Business Description

Other Exchanges THRE:Thailand
Address North Sathorn Road, 100/3 - 4, Sathorn Nakorn Tower, 3rd - 4th Floor, Silom, Bangrak, Bangkok, THA, 10500
Thai Reinsurance PCL provides reinsurance for non-life businesses diversify risk, including but not limited to property, personal accident, engineering, and marine and cargo risk. The company provides two main types of reinsurance contracts: facultative reinsurance and treaty reinsurance. Its segments include Motor insurance and Non-motor insurance. The majority of the revenue is derived from Non-motor insurance segment. The group operates in Thailand only.
44GF Score

Get the complete analysis for BKK:THRE-R

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.39
Price
฿0.47
GF Value