L.P.N. Development PCLBKK:LPN-R 72 Equity-to-Asset is 0.50 as of Mar. 2026, which is 2% above its 10-year median of 0.49. GuruFocus rates BKK:LPN-R with a GF Score™ of 72/100 and a GF Value™ of ฿7.14. The stock has 10 warning signs investors should review. Among 1,798 Real Estate companies, L.P.N. Development PCL ranks better than 58.12% on this metric.
The historical rank and industry rank for L.P.N. Development PCL's Equity-to-Asset or its related term are showing as below:
BKK:LPN-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.49 Max: 0.69
Current: 0.5
During the past 13 years, the highest Equity to Asset Ratio of L.P.N. Development PCL was 0.69. The lowest was 0.44. And the median was 0.49.
BKK:LPN-R's Equity-to-Asset is ranked better than 58.12% of 1798
companies
in the Real Estate industry
Industry Median: 0.45
vs BKK:LPN-R: 0.50
L.P.N. Development PCL (BKK:LPN-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%.
L.P.N. Development PCL Equity-to-Asset Related Terms
L.P.N. Development PCL Equity-to-Asset Historical Data
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The historical data trend for L.P.N. 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.
L.P.N. Development PCL Equity-to-Asset Competitor Comparison
For the Real Estate - Development subindustry, L.P.N. 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.
L.P.N. Development PCL Equity-to-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, L.P.N. Development PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where L.P.N. Development PCL's Equity-to-Asset falls into.
L.P.N. 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.
L.P.N. Development 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.
L.P.N. Development PCL (BKK:LPN-R) has a Equity-to-Asset of 0.50 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on L.P.N. Development PCL and its competitors. This is near median its historical median of 0.49. Over the past decade, L.P.N. Development PCL's Equity-to-Asset has ranged from 0.44 to 0.69. According to the industry distribution chart, L.P.N. Development PCL ranks #753 out of 1798 companies in the Real Estate industry, placing it in the top 41.9%.
Is L.P.N. Development PCL's Equity-to-Asset too high?
L.P.N. Development PCL's current Equity-to-Asset of 0.50 is near median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.69. The Real Estate industry median Equity-to-Asset is 0.45. L.P.N. Development PCL's value of 0.50 is 11.1% above this industry median. Based on the distribution chart, L.P.N. Development PCL ranks #753 out of 1798 companies in the Real Estate industry, which is above the industry midpoint. Overall, L.P.N. Development PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does L.P.N. Development PCL's Equity-to-Asset compare to competitors?
According to the Real Estate industry distribution chart, L.P.N. Development PCL ranks #753 out of 1798 companies for Equity-to-Asset. This puts L.P.N. Development PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.45. L.P.N. Development PCL's value of 0.50 is 11.1% above this benchmark. Historically, L.P.N. Development PCL's own Equity-to-Asset has ranged from 0.44 to 0.69 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.45, L.P.N. Development 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 Real Estate company?
The median Equity-to-Asset among Real Estate companies is 0.45, based on 1,798 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. L.P.N. Development PCL's current Equity-to-Asset of 0.50 is 11.1% 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 L.P.N. Development PCL and its competitors. For the Real Estate industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L.P.N. Development PCL's current Equity-to-Asset is 0.50, which is near median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L.P.N. Development PCL stock overvalued right now?
L.P.N. Development PCL (BKK:LPN-R) has a current Equity-to-Asset of 0.50. The stock's GF Value™ is ฿7.14, compared to a current price of ฿4.15 — trading 41.9% below its estimated fair value. The current Equity-to-Asset is 0.50, which is near median its 10-year median of 0.49 and 11.1% above the Real Estate industry median of 0.45. L.P.N. Development PCL's overall GF Score™ is 72/100 with 10 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 L.P.N. Development PCL (BKK:LPN-R), the current Equity-to-Asset is 0.50 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 L.P.N. Development PCL (BKK:LPN-R) Overvalued in 2026?
Based on GuruFocus' analysis, L.P.N. Development PCL stock appears to be undervalued.
The current stock price of ฿4.15 is trading 41.9% below its estimated GF Value™ of ฿7.14.
Key valuation signals for BKK:LPN-R:
Equity-to-Asset: 0.50 (near median its 10-year median of 0.49)
GF Value™: ฿7.14 vs. price of ฿4.15 (41.9% below fair value)
Industry Position: 11.1% above the Real Estate median (#753 of 1798)
No single metric tells the full story. See the BKK:LPN-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
L.P.N. Development PCL is a Thailand-based company that offers real estate development and management services. It sells and rents developed projects such as offices and residential condominiums. The company operates through the following business segments: Real Estate, Rent and Service, Service and Management, and Others. A majority of its revenue is generated from the Real Estate segment.
72GF Score
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