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.
PSP Specialties PCLBKK:PSP 70 Equity-to-Asset is 0.46 as of Jun. 2026, which is 6% below its 10-year median of 0.49. GuruFocus rates BKK:PSP with a GF Score™ of 70/100 and a GF Value™ of ฿4.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,624 Chemicals companies, PSP Specialties PCL ranks worse than 69.15% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PSP Specialties PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿4,717 Mil. PSP Specialties PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿10,229 Mil.
Therefore, PSP Specialties PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.46.
The historical rank and industry rank for PSP Specialties PCL's Equity-to-Asset or its related term are showing as below:
BKK:PSP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06 Med: 0.49 Max: 0.76
Current: 0.46
During the past 9 years, the highest Equity to Asset Ratio of PSP Specialties PCL was 0.76. The lowest was 0.06. And the median was 0.49.
BKK:PSP's Equity-to-Asset is ranked worse than 69.15% of 1624
companies
in the Chemicals industry
Industry Median: 0.6
vs BKK:PSP: 0.46
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%.
PSP Specialties PCL Equity-to-Asset Related Terms
PSP Specialties PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for PSP Specialties 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:PSP vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, PSP Specialties 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.
PSP Specialties PCL Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, PSP Specialties PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where PSP Specialties 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.
PSP Specialties 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.
PSP Specialties PCL (BKK:PSP) has a Equity-to-Asset of 0.46 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PSP Specialties PCL and its competitors. This is near median its historical median of 0.49. Over the past decade, PSP Specialties PCL's Equity-to-Asset has ranged from 0.06 to 0.76. According to the industry distribution chart, PSP Specialties PCL ranks #1123 out of 1624 companies in the Chemicals industry, placing it in the top 69.2%.
Is PSP Specialties PCL's Equity-to-Asset too high?
PSP Specialties PCL's current Equity-to-Asset of 0.46 is near median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.76. The Chemicals industry median Equity-to-Asset is 0.60. PSP Specialties PCL's value of 0.46 is 23.3% below this industry median. Based on the distribution chart, PSP Specialties PCL ranks #1123 out of 1624 companies in the Chemicals industry, which is below the industry midpoint. Overall, PSP Specialties PCL has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PSP Specialties PCL's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, PSP Specialties PCL ranks #1123 out of 1624 companies for Equity-to-Asset. This places PSP Specialties PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.60. PSP Specialties PCL's value of 0.46 is 23.3% below this benchmark. Historically, PSP Specialties PCL's own Equity-to-Asset has ranged from 0.06 to 0.76 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.60, PSP Specialties 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,624 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. PSP Specialties PCL's current Equity-to-Asset of 0.46 is 23.3% 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 PSP Specialties PCL and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSP Specialties PCL's current Equity-to-Asset is 0.46, 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 PSP Specialties PCL stock overvalued right now?
Based on GuruFocus' analysis, PSP Specialties PCL (BKK:PSP) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.62, compared to a current price of ฿7.85 — trading 69.9% above its estimated fair value. The current Equity-to-Asset is 0.46, which is near median its 10-year median of 0.49 and 23.3% below the Chemicals industry median of 0.60. PSP Specialties PCL's overall GF Score™ is 70/100 with 6 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 PSP Specialties PCL (BKK:PSP), the current Equity-to-Asset is 0.46 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 PSP Specialties PCL (BKK:PSP) Overvalued in 2026?
Based on GuruFocus' analysis, PSP Specialties PCL stock appears to be overvalued.
The current stock price of ฿7.85 is trading 69.9% above its estimated GF Value™ of ฿4.62.
GuruFocus considers PSP Specialties PCL to be Significantly Overvalued.
Key valuation signals for BKK:PSP:
Equity-to-Asset: 0.46 (near median its 10-year median of 0.49)
GF Value™: ฿4.62 vs. price of ฿7.85 (69.9% above fair value)
Industry Position: 23.3% below the Chemicals median (#1123 of 1624)
No single metric tells the full story. See the BKK:PSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PSP Specialties PCL is producing and selling lubricant oil and grease oil, providing storage, warehouse services, transportation services, selling and providing chemical recycling services, selling safety equipment and providing safety training service, and invests in other companies. It operates in two segments, namely sales segment, and the services segment. The majority of the revenue is derived from the Sales segment.
70GF Score
Get the complete analysis for BKK:PSP
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:PSP has been successfully added to your 
