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Thai Nippon Rubber Industry PCLBKK:TNR-R 74 Equity-to-Asset is 0.51 as of Jun. 2026, which is 11% below its 10-year median of 0.57. GuruFocus rates BKK:TNR-R with a GF Score™ of 74/100 and a GF Value™ of ฿6.29 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,004 Consumer Packaged Goods companies, Thai Nippon Rubber Industry PCL ranks worse than 54.39% on this metric.
The historical rank and industry rank for Thai Nippon Rubber Industry PCL's Equity-to-Asset or its related term are showing as below:
BKK:TNR-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.57 Max: 0.8
Current: 0.51
During the past 13 years, the highest Equity to Asset Ratio of Thai Nippon Rubber Industry PCL was 0.80. The lowest was 0.29. And the median was 0.57.
BKK:TNR-R's Equity-to-Asset is ranked worse than 54.39% of 2004
companies
in the Consumer Packaged Goods industry
Industry Median: 0.54
vs BKK:TNR-R: 0.51
Thai Nippon Rubber Industry PCL (BKK:TNR-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%.
Thai Nippon Rubber Industry PCL Equity-to-Asset Related Terms
Thai Nippon Rubber Industry PCL Equity-to-Asset Historical Data
* 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.
Thai Nippon Rubber Industry PCL Equity-to-Asset Chart
BKK:TNR-R vs PG, CL, EL: Equity-to-Asset Comparison
For the Household & Personal Products subindustry, Thai Nippon Rubber Industry 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.
Thai Nippon Rubber Industry PCL Equity-to-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Nippon Rubber Industry PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Thai Nippon Rubber Industry PCL's Equity-to-Asset falls into.
Thai Nippon Rubber Industry 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.
* 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.
Thai Nippon Rubber Industry PCL (BKK:TNR-R) has a Equity-to-Asset of 0.51 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thai Nippon Rubber Industry PCL and its competitors. This is 11% below median its historical median of 0.57. Over the past decade, Thai Nippon Rubber Industry PCL's Equity-to-Asset has ranged from 0.29 to 0.80. According to the industry distribution chart, Thai Nippon Rubber Industry PCL ranks #1090 out of 2004 companies in the Consumer Packaged Goods industry, placing it in the top 54.4%.
Is Thai Nippon Rubber Industry PCL's Equity-to-Asset too high?
Thai Nippon Rubber Industry PCL's current Equity-to-Asset of 0.51 is 11% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.80. The Consumer Packaged Goods industry median Equity-to-Asset is 0.54. Thai Nippon Rubber Industry PCL's value of 0.51 is 5.6% below this industry median. Based on the distribution chart, Thai Nippon Rubber Industry PCL ranks #1090 out of 2004 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Nippon Rubber Industry PCL has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Nippon Rubber Industry PCL's Equity-to-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Thai Nippon Rubber Industry PCL ranks #1090 out of 2004 companies for Equity-to-Asset. This places Thai Nippon Rubber Industry PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.54. Thai Nippon Rubber Industry PCL's value of 0.51 is 5.6% below this benchmark. Historically, Thai Nippon Rubber Industry PCL's own Equity-to-Asset has ranged from 0.29 to 0.80 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.54, Thai Nippon Rubber Industry 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 Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.54, based on 2,004 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. Thai Nippon Rubber Industry PCL's current Equity-to-Asset of 0.51 is 5.6% 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 Thai Nippon Rubber Industry PCL and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Nippon Rubber Industry PCL's current Equity-to-Asset is 0.51, which is 11% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Nippon Rubber Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Nippon Rubber Industry PCL (BKK:TNR-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.29, compared to a current price of ฿6.25 — trading 0.6% below its estimated fair value. The current Equity-to-Asset is 0.51, which is 11% below median its 10-year median of 0.57 and 5.6% below the Consumer Packaged Goods industry median of 0.54. Thai Nippon Rubber Industry PCL's overall GF Score™ is 74/100 with 7 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 Thai Nippon Rubber Industry PCL (BKK:TNR-R), the current Equity-to-Asset is 0.51 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 Thai Nippon Rubber Industry PCL (BKK:TNR-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Nippon Rubber Industry PCL stock appears to be undervalued.
The current stock price of ฿6.25 is trading 0.6% below its estimated GF Value™ of ฿6.29.
GuruFocus considers Thai Nippon Rubber Industry PCL to be Fairly Valued.
Key valuation signals for BKK:TNR-R:
Equity-to-Asset: 0.51 (11% below median its 10-year median of 0.57)
GF Value™: ฿6.29 vs. price of ฿6.25 (0.6% below fair value)
Industry Position: 5.6% below the Consumer Packaged Goods median (#1090 of 2004)
No single metric tells the full story. See the BKK:TNR-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Nippon Rubber Industry PCL along with its subsidiary engaged in manufacturing and distributing condom and lubricating gel, manufacturing paper packaging products and other printing, including manufacturing of herbal extraction products and providing analytical services, research, and tests to find important substances in all types of medicinal plants and agricultural crops and also provide personal care products. The company's operating segments are Condoms and lubricating gels and Paper boxes and other printing. It generates maximum revenue from Condoms and lubricating gels.
74GF Score
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