Country Group Development PCL (BKK:CGD-R) Equity-to-Asset: 0.19 (As of Jun. 2026) — 17% Below Median

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What is Country Group Development PCL Equity-to-Asset?

Country Group Development PCL BKK:CGD-R Equity-to-Asset is 0.19 as of Jun. 2026, which is 17% below its 10-year median of 0.23. The stock has 4 warning signs investors should review. Among 1,800 Real Estate companies, Country Group Development PCL ranks worse than 85.17% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Country Group Development PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿3,066.3 Mil. Country Group Development PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿16,157.3 Mil. Therefore, Country Group Development PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.19.

The historical rank and industry rank for Country Group Development PCL's Equity-to-Asset or its related term are showing as below:

BKK:CGD-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.23   Max: 0.5
Current: 0.19

During the past 13 years, the highest Equity to Asset Ratio of Country Group Development PCL was 0.50. The lowest was 0.12. And the median was 0.23.

BKK:CGD-R's Equity-to-Asset is ranked worse than
85.17% of 1800 companies
in the Real Estate industry
Industry Median: 0.44 vs BKK:CGD-R: 0.19

Country Group Development PCL  (BKK:CGD-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%.


Country Group Development PCL Equity-to-Asset Related Terms


Country Group Development PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Country Group Development 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.

Country Group Development PCL Equity-to-Asset Chart

Country Group Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.23 0.25 0.24 0.21

Country Group Development PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.23 0.22 0.21 0.20 0.19

Country Group Development PCL Equity-to-Asset Competitor Comparison

For the Real Estate - Development subindustry, Country Group Development 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.


Country Group Development PCL Equity-to-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Country Group Development PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Country Group Development PCL's Equity-to-Asset falls into.



Country Group Development PCL Equity-to-Asset Calculation

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.

Country Group Development PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=3389.637/15936.994
=0.21

Country Group Development PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=3066.297/16157.255
=0.19

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.19 mean?
Country Group Development PCL (BKK:CGD-R) has a Equity-to-Asset of 0.19 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Country Group Development PCL and its competitors. This is 17% below median its historical median of 0.23. Over the past decade, Country Group Development PCL's Equity-to-Asset has ranged from 0.12 to 0.50. According to the industry distribution chart, Country Group Development PCL ranks #1533 out of 1800 companies in the Real Estate industry, placing it in the top 85.2%.
Is Country Group Development PCL's Equity-to-Asset too high?
Country Group Development PCL's current Equity-to-Asset of 0.19 is 17% below median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.50. The Real Estate industry median Equity-to-Asset is 0.44. Country Group Development PCL's value of 0.19 is 56.8% below this industry median. Based on the distribution chart, Country Group Development PCL ranks #1533 out of 1800 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Country Group Development PCL's Equity-to-Asset compare to competitors?
According to the Real Estate industry distribution chart, Country Group Development PCL ranks #1533 out of 1800 companies for Equity-to-Asset. This places Country Group Development PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.44. Country Group Development PCL's value of 0.19 is 56.8% below this benchmark. Historically, Country Group Development PCL's own Equity-to-Asset has ranged from 0.12 to 0.50 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.44, Country Group Development 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 Equity-to-Asset for a Real Estate company?
The median Equity-to-Asset among Real Estate companies is 0.44, based on 1,800 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. Country Group Development PCL's current Equity-to-Asset of 0.19 is 56.8% 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 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 Country Group Development PCL and its competitors. For the Real Estate industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Country Group Development PCL's current Equity-to-Asset is 0.19, which is 17% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Group Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Country Group Development PCL (BKK:CGD-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.10 — trading 150% above its estimated fair value. The current Equity-to-Asset is 0.19, which is 17% below median its 10-year median of 0.23 and 56.8% below the Real Estate industry median of 0.44. 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 Country Group Development PCL (BKK:CGD-R), the current Equity-to-Asset is 0.19 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.

Country Group Development PCL Business Description

Other Exchanges CGD:Thailand
Address Ploenchit Road, Lumpini, 898 Ploenchit Tower, 20th floor, PathumWan, Bangkok, THA, 10330
Country Group Development PCL is a holding company investing in real estate. It operates in the business segments of Real estate development and investment property. The company's project includes Elements Srinakarin, Four Seasons private residences, Four Seasons Hotel, Capella, Anchorage Point, Rama III Residence, Chao Phraya Estate Project, and others. The firm derives its revenue from the Real estate development segment.