Ratch Group PCLBKK:RATCH +2.11%59 Equity-to-Asset is 0.42 as of Mar. 2026, which is 22% below its 10-year median of 0.54. GuruFocus rates BKK:RATCH with a GF Score™ of 59/100 and a GF Value™ of ฿27.15 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 509 Utilities - Regulated companies, Ratch Group PCL ranks better than 63.46% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ratch Group PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿99,272 Mil. Ratch Group PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿239,183 Mil.
Therefore, Ratch Group PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.42.
The historical rank and industry rank for Ratch Group PCL's Equity-to-Asset or its related term are showing as below:
BKK:RATCH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39 Med: 0.54 Max: 0.66
Current: 0.42
During the past 13 years, the highest Equity to Asset Ratio of Ratch Group PCL was 0.66. The lowest was 0.39. And the median was 0.54.
BKK:RATCH's Equity-to-Asset is ranked better than 63.46% of 509
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs BKK:RATCH: 0.42
Ratch Group PCL (BKK:RATCH) 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%.
Ratch Group PCL Equity-to-Asset Related Terms
Ratch Group PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Ratch Group 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:RATCH vs NEE, SO, DUK: Equity-to-Asset Comparison
For the Utilities - Regulated Electric subindustry, Ratch Group 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.
Ratch Group PCL Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ratch Group 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.
Ratch Group 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.
Ratch Group PCL (BKK:RATCH) has a Equity-to-Asset of 0.42 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ratch Group PCL and its competitors. This is 22% below median its historical median of 0.54. Over the past decade, Ratch Group PCL's Equity-to-Asset has ranged from 0.39 to 0.66. According to the industry distribution chart, Ratch Group PCL ranks #186 out of 509 companies in the Utilities - Regulated industry, placing it in the top 36.5%.
Is Ratch Group PCL's Equity-to-Asset too high?
Ratch Group PCL's current Equity-to-Asset of 0.42 is 22% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.66. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Ratch Group PCL's value of 0.42 is 16.7% above this industry median. Based on the distribution chart, Ratch Group PCL ranks #186 out of 509 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Ratch Group PCL has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratch Group PCL's Equity-to-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ratch Group PCL ranks #186 out of 509 companies for Equity-to-Asset. This puts Ratch Group PCL in the upper half of its industry. The industry median Equity-to-Asset is 0.36. Ratch Group PCL's value of 0.42 is 16.7% above this benchmark. Historically, Ratch Group PCL's own Equity-to-Asset has ranged from 0.39 to 0.66 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.36, Ratch Group 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 an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 509 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. Ratch Group PCL's current Equity-to-Asset of 0.42 is 16.7% 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 Ratch Group PCL and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratch Group PCL's current Equity-to-Asset is 0.42, which is 22% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratch Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Ratch Group PCL (BKK:RATCH) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿27.15, compared to a current price of ฿36.25 — trading 33.5% above its estimated fair value. The current Equity-to-Asset is 0.42, which is 22% below median its 10-year median of 0.54 and 16.7% above the Utilities - Regulated industry median of 0.36. Ratch Group PCL's overall GF Score™ is 59/100 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 Ratch Group PCL (BKK:RATCH), the current Equity-to-Asset is 0.42 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 Ratch Group PCL (BKK:RATCH) Overvalued in 2026?
Based on GuruFocus' analysis, Ratch Group PCL stock appears to be overvalued.
The current stock price of ฿36.25 is trading 33.5% above its estimated GF Value™ of ฿27.15.
GuruFocus considers Ratch Group PCL to be Significantly Overvalued.
Key valuation signals for BKK:RATCH:
Equity-to-Asset: 0.42 (22% below median its 10-year median of 0.54)
GF Value™: ฿27.15 vs. price of ฿36.25 (33.5% above fair value)
Industry Position: 16.7% above the Utilities - Regulated median (#186 of 509)
No single metric tells the full story. See the BKK:RATCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments: Domestic Electricity Generating, Domestic Renewable Energy, International Power Projects, and Domestic Related Business & Infrastructure. The majority of revenue is from the domestic electricity-generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.
59GF Score
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