Planet Communications Asia PCL (BKK:PLANET-R) Equity-to-Asset: 0.39 (As of Jun. 2026) — 24% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:PLANET-R Planet Communications Asia PCL BKK:PLANET-R
27 GF Score
Price ฿0.53
GF Value ฿0.27
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Planet Communications Asia PCL Equity-to-Asset?

Planet Communications Asia PCL BKK:PLANET-R 27 Equity-to-Asset is 0.39 as of Jun. 2026, which is 24% below its 10-year median of 0.51. GuruFocus rates BKK:PLANET-R with a GF Score™ of 27/100 and a GF Value™ of ฿0.27 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,492 Hardware companies, Planet Communications Asia PCL ranks worse than 73.6% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Planet Communications Asia PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿486.9 Mil. Planet Communications Asia PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿1,258.6 Mil. Therefore, Planet Communications Asia PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.39.

The historical rank and industry rank for Planet Communications Asia PCL's Equity-to-Asset or its related term are showing as below:

BKK:PLANET-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.51   Max: 0.77
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Planet Communications Asia PCL was 0.77. The lowest was 0.35. And the median was 0.51.

BKK:PLANET-R's Equity-to-Asset is ranked worse than
73.6% of 2492 companies
in the Hardware industry
Industry Median: 0.56 vs BKK:PLANET-R: 0.39

Planet Communications Asia PCL  (BKK:PLANET-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%.


Planet Communications Asia PCL Equity-to-Asset Related Terms


Planet Communications Asia PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Planet Communications Asia 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.

Planet Communications Asia PCL Equity-to-Asset Chart

Planet Communications Asia 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 0.77 0.65 0.38 0.37 0.41

Planet Communications Asia 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 0.44 0.44 0.41 0.41 0.39

BKK:PLANET-R vs CSCO, MSI, LITE: Equity-to-Asset Comparison

For the Communication Equipment subindustry, Planet Communications Asia 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.


Planet Communications Asia PCL Equity-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Planet Communications Asia PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Planet Communications Asia PCL's Equity-to-Asset falls into.


BKK:PLANET-R
27GF Score
Planet Communications Asia PCL BKK:PLANET-R
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Planet Communications Asia 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.

Planet Communications Asia 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
=559.228/1375.829
=0.41

Planet Communications Asia 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
=486.873/1258.559
=0.39

* 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 0.39 mean?
Planet Communications Asia PCL (BKK:PLANET-R) has a Equity-to-Asset of 0.39 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Planet Communications Asia PCL and its competitors. This is 24% below median its historical median of 0.51. Over the past decade, Planet Communications Asia PCL's Equity-to-Asset has ranged from 0.35 to 0.77. According to the industry distribution chart, Planet Communications Asia PCL ranks #1834 out of 2492 companies in the Hardware industry, placing it in the top 73.6%.
Is Planet Communications Asia PCL's Equity-to-Asset too high?
Planet Communications Asia PCL's current Equity-to-Asset of 0.39 is 24% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.77. The Hardware industry median Equity-to-Asset is 0.56. Planet Communications Asia PCL's value of 0.39 is 30.4% below this industry median. Based on the distribution chart, Planet Communications Asia PCL ranks #1834 out of 2492 companies in the Hardware industry, which is below the industry midpoint. Overall, Planet Communications Asia PCL has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Communications Asia PCL's Equity-to-Asset compare to CSCO and MSI?
According to the Hardware industry distribution chart, Planet Communications Asia PCL ranks #1834 out of 2492 companies for Equity-to-Asset. This places Planet Communications Asia PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Planet Communications Asia PCL's value of 0.39 is 30.4% below this benchmark. Historically, Planet Communications Asia PCL's own Equity-to-Asset has ranged from 0.35 to 0.77 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.56, Planet Communications Asia 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 Hardware company?
The median Equity-to-Asset among Hardware companies is 0.56, based on 2,492 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. Planet Communications Asia PCL's current Equity-to-Asset of 0.39 is 30.4% 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 Planet Communications Asia PCL and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Communications Asia PCL's current Equity-to-Asset is 0.39, which is 24% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Communications Asia PCL stock overvalued right now?
Based on GuruFocus' analysis, Planet Communications Asia PCL (BKK:PLANET-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.27, compared to a current price of ฿0.53 — trading 96.3% above its estimated fair value. The current Equity-to-Asset is 0.39, which is 24% below median its 10-year median of 0.51 and 30.4% below the Hardware industry median of 0.56. Planet Communications Asia PCL's overall GF Score™ is 27/100 with 4 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 Planet Communications Asia PCL (BKK:PLANET-R), the current Equity-to-Asset is 0.39 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 Planet Communications Asia PCL (BKK:PLANET-R) Overvalued in 2026?

Based on GuruFocus' analysis, Planet Communications Asia PCL stock appears to be overvalued. The current stock price of ฿0.53 is trading 96.3% above its estimated GF Value™ of ฿0.27. GuruFocus considers Planet Communications Asia PCL to be Significantly Overvalued.

Key valuation signals for BKK:PLANET-R:

  • Equity-to-Asset: 0.39 (24% below median its 10-year median of 0.51)
  • GF Value™: ฿0.27 vs. price of ฿0.53 (96.3% above fair value)
  • GF Score™: 27/100 with 4 warning signs
  • Industry Position: 30.4% below the Hardware median (#1834 of 2492)

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


Planet Communications Asia PCL Business Description

Other Exchanges PLANET:Thailand
Address 157 Soi Ramindra 34, Ramindra Road, Tarang Subdistrict, Bangkhen District, Bangkok, THA, 10230
Planet Communications Asia PCL is engaged in the distribution, service, installation and maintenance of telecommunication equipment and providing high-speed internet and other related services on fiber optic networks, utility management service, distribution and service of cyber security systems, distribution and providing full-service related to electric vehicles, and providing services via the cloud and data center. The Group has three reportable segments: the Sale of products and solution segment, the Services segment, and the Service providers segment. The majority of revenue is from Sale of products and the solution segment, which sells by being a reseller that sells projects as a system integrator and manufacturer. The company generates revenue from Thailand and other countries.
27GF Score

Get the complete analysis for BKK:PLANET-R

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

฿0.53
Price
฿0.27
GF Value