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Thanasiri Group PCLBKK:THANA-R 55 Equity-to-Asset is 0.40 as of Jun. 2026, which is 11% below its 10-year median of 0.45. GuruFocus rates BKK:THANA-R with a GF Score™ of 55/100 and a GF Value™ of ฿1.07. The stock has 9 warning signs investors should review. Among 1,801 Real Estate companies, Thanasiri Group PCL ranks worse than 56.8% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thanasiri Group PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿538.6 Mil. Thanasiri Group PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿1,354.4 Mil.
Therefore, Thanasiri Group PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.40.
The historical rank and industry rank for Thanasiri Group PCL's Equity-to-Asset or its related term are showing as below:
BKK:THANA-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.45 Max: 0.57
Current: 0.4
During the past 13 years, the highest Equity to Asset Ratio of Thanasiri Group PCL was 0.57. The lowest was 0.29. And the median was 0.45.
BKK:THANA-R's Equity-to-Asset is ranked worse than 56.8% of 1801
companies
in the Real Estate industry
Industry Median: 0.44
vs BKK:THANA-R: 0.40
Thanasiri Group PCL (BKK:THANA-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%.
Thanasiri Group PCL Equity-to-Asset Related Terms
Thanasiri Group PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Thanasiri 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.
Thanasiri Group PCL Equity-to-Asset Competitor Comparison
For the Real Estate - Development subindustry, Thanasiri 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.
Thanasiri Group PCL Equity-to-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Thanasiri Group PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Thanasiri 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.
Thanasiri 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.
Thanasiri Group PCL (BKK:THANA-R) has a Equity-to-Asset of 0.40 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thanasiri Group PCL and its competitors. This is 11% below median its historical median of 0.45. Over the past decade, Thanasiri Group PCL's Equity-to-Asset has ranged from 0.29 to 0.57. According to the industry distribution chart, Thanasiri Group PCL ranks #1023 out of 1801 companies in the Real Estate industry, placing it in the top 56.8%.
Is Thanasiri Group PCL's Equity-to-Asset too high?
Thanasiri Group PCL's current Equity-to-Asset of 0.40 is 11% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.57. The Real Estate industry median Equity-to-Asset is 0.44. Thanasiri Group PCL's value of 0.40 is 9.1% below this industry median. Based on the distribution chart, Thanasiri Group PCL ranks #1023 out of 1801 companies in the Real Estate industry, which is below the industry midpoint. Overall, Thanasiri Group PCL has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Thanasiri Group PCL's Equity-to-Asset compare to competitors?
According to the Real Estate industry distribution chart, Thanasiri Group PCL ranks #1023 out of 1801 companies for Equity-to-Asset. This places Thanasiri Group PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.44. Thanasiri Group PCL's value of 0.40 is 9.1% below this benchmark. Historically, Thanasiri Group PCL's own Equity-to-Asset has ranged from 0.29 to 0.57 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.44, Thanasiri Group 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 1,801 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. Thanasiri Group PCL's current Equity-to-Asset of 0.40 is 9.1% 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 Thanasiri Group 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. Thanasiri Group PCL's current Equity-to-Asset is 0.40, which is 11% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanasiri Group PCL stock overvalued right now?
Thanasiri Group PCL (BKK:THANA-R) has a current Equity-to-Asset of 0.40. The stock's GF Value™ is ฿1.07, compared to a current price of ฿1.58 — trading 47.7% above its estimated fair value. The current Equity-to-Asset is 0.40, which is 11% below median its 10-year median of 0.45 and 9.1% below the Real Estate industry median of 0.44. Thanasiri Group PCL's overall GF Score™ is 55/100 with 9 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 Thanasiri Group PCL (BKK:THANA-R), the current Equity-to-Asset is 0.40 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 Thanasiri Group PCL (BKK:THANA-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thanasiri Group PCL stock appears to be overvalued.
The current stock price of ฿1.58 is trading 47.7% above its estimated GF Value™ of ฿1.07.
Key valuation signals for BKK:THANA-R:
Equity-to-Asset: 0.40 (11% below median its 10-year median of 0.45)
GF Value™: ฿1.07 vs. price of ฿1.58 (47.7% above fair value)
Industry Position: 9.1% below the Real Estate median (#1023 of 1801)
No single metric tells the full story. See the BKK:THANA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thanasiri Group PCL is a Thailand-based company. It is engaged in the business of Property development for sale. The operations of the company are located in Thailand. The projects of the company include Thana Hibbati Pinklao - Sirindhorn, Thanasiri Ratchaphruek - Tha Nam Non, Thana Village Rama 5 - Bangyai, Thanasio Rattanathibet, and Thana Cluster Ratchapruek, among others. Its operating segments include Real estate business - horizontal, Service business, and Sell products business.
55GF Score
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