Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Business Online PCLBKK:BOL-R +2.82%85 Equity-to-Asset is 0.72 as of Jun. 2026, which is 1% above its 10-year median of 0.71. GuruFocus rates BKK:BOL-R with a GF Score™ of 85/100 and a GF Value™ of ฿6.63 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,095 Business Services companies, Business Online PCL ranks better than 77.99% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Business Online PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿1,118.0 Mil. Business Online PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿1,560.7 Mil.
Therefore, Business Online PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.72.
The historical rank and industry rank for Business Online PCL's Equity-to-Asset or its related term are showing as below:
BKK:BOL-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.71 Max: 0.74
Current: 0.72
During the past 13 years, the highest Equity to Asset Ratio of Business Online PCL was 0.74. The lowest was 0.59. And the median was 0.71.
BKK:BOL-R's Equity-to-Asset is ranked better than 77.99% of 1095
companies
in the Business Services industry
Industry Median: 0.52
vs BKK:BOL-R: 0.72
Business Online PCL (BKK:BOL-R) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Business Online PCL Equity-to-Asset Related Terms
Business Online PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Business Online PCL's Equity-to-Asset 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:BOL-R vs VRSK, EFX, BAH: Equity-to-Asset Comparison
For the Consulting Services subindustry, Business Online PCL's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Business Online PCL Equity-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Business Online PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Business Online PCL's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Business Online PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Business Online PCL (BKK:BOL-R) has a Equity-to-Asset of 0.72 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Business Online PCL and its competitors. This is near median its historical median of 0.71. Over the past decade, Business Online PCL's Equity-to-Asset has ranged from 0.59 to 0.74. According to the industry distribution chart, Business Online PCL ranks #241 out of 1095 companies in the Business Services industry, placing it in the top 22%.
Is Business Online PCL's Equity-to-Asset too high?
Business Online PCL's current Equity-to-Asset of 0.72 is near median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.74. The Business Services industry median Equity-to-Asset is 0.52. Business Online PCL's value of 0.72 is 38.5% above this industry median. Based on the distribution chart, Business Online PCL ranks #241 out of 1095 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Business Online PCL has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Business Online PCL's Equity-to-Asset compare to VRSK and EFX?
According to the Business Services industry distribution chart, Business Online PCL ranks #241 out of 1095 companies for Equity-to-Asset. This places Business Online PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.52. Business Online PCL's value of 0.72 is 38.5% above this benchmark. Historically, Business Online PCL's own Equity-to-Asset has ranged from 0.59 to 0.74 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.52, Business Online 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 Equity-to-Asset for a Business Services company?
The median Equity-to-Asset among Business Services companies is 0.52, based on 1,095 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Business Online PCL's current Equity-to-Asset of 0.72 is 38.5% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Business Online PCL and its competitors. For the Business Services industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business Online PCL's current Equity-to-Asset is 0.72, which is near median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business Online PCL stock overvalued right now?
Based on GuruFocus' analysis, Business Online PCL (BKK:BOL-R) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿6.63, compared to a current price of ฿5.10 — trading 23.1% below its estimated fair value. The current Equity-to-Asset is 0.72, which is near median its 10-year median of 0.71 and 38.5% above the Business Services industry median of 0.52. Business Online PCL's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Business Online PCL (BKK:BOL-R), the current Equity-to-Asset is 0.72 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 Business Online PCL (BKK:BOL-R) Overvalued in 2026?
Based on GuruFocus' analysis, Business Online PCL stock appears to be undervalued.
The current stock price of ฿5.10 is trading 23.1% below its estimated GF Value™ of ฿6.63.
GuruFocus considers Business Online PCL to be Modestly Undervalued.
Key valuation signals for BKK:BOL-R:
Equity-to-Asset: 0.72 (near median its 10-year median of 0.71)
GF Value™: ฿6.63 vs. price of ฿5.10 (23.1% below fair value)
Industry Position: 38.5% above the Business Services median (#241 of 1095)
No single metric tells the full story. See the BKK:BOL-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Business Online PCL is a service provider and developer of local and world-wide financial information systems. It also has an online and offline business information service provider as well as consulting service and database management. The company solution includes Corpus X, Xignal, Matchlink, Dun and Bradstreet, and Debtline.
85GF Score
Get the complete analysis for BKK:BOL-R
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:BOL-R has been successfully added to your 
