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Thai Plaspac PCLBKK:TPAC +0.97%86 Equity-to-Asset is 0.39 as of Jun. 2026, which is 3% above its 10-year median of 0.38. GuruFocus rates BKK:TPAC with a GF Score™ of 86/100 and a GF Value™ of ฿9.44 (Fairly Valued). The stock has 5 warning signs investors should review. Among 410 Packaging & Containers companies, Thai Plaspac PCL ranks worse than 76.83% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thai Plaspac PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿3,130 Mil. Thai Plaspac PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿8,100 Mil.
Therefore, Thai Plaspac PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.39.
The historical rank and industry rank for Thai Plaspac PCL's Equity-to-Asset or its related term are showing as below:
BKK:TPAC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.38 Max: 0.86
Current: 0.39
During the past 13 years, the highest Equity to Asset Ratio of Thai Plaspac PCL was 0.86. The lowest was 0.22. And the median was 0.38.
BKK:TPAC's Equity-to-Asset is ranked worse than 76.83% of 410
companies
in the Packaging & Containers industry
Industry Median: 0.56
vs BKK:TPAC: 0.39
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 Plaspac PCL Equity-to-Asset Related Terms
Thai Plaspac PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Thai Plaspac 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:TPAC vs SW, PKG, IP: Equity-to-Asset Comparison
For the Packaging & Containers subindustry, Thai Plaspac 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 Plaspac PCL Equity-to-Asset vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Plaspac PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Thai Plaspac 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.
Thai Plaspac 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.
Thai Plaspac PCL (BKK:TPAC) 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 Thai Plaspac PCL and its competitors. This is near median its historical median of 0.38. Over the past decade, Thai Plaspac PCL's Equity-to-Asset has ranged from 0.22 to 0.86. According to the industry distribution chart, Thai Plaspac PCL ranks #315 out of 410 companies in the Packaging & Containers industry, placing it in the top 76.8%.
Is Thai Plaspac PCL's Equity-to-Asset too high?
Thai Plaspac PCL's current Equity-to-Asset of 0.39 is near median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.86. The Packaging & Containers industry median Equity-to-Asset is 0.56. Thai Plaspac PCL's value of 0.39 is 30.4% below this industry median. Based on the distribution chart, Thai Plaspac PCL ranks #315 out of 410 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Thai Plaspac PCL has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Plaspac PCL's Equity-to-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Plaspac PCL ranks #315 out of 410 companies for Equity-to-Asset. This places Thai Plaspac PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Thai Plaspac PCL's value of 0.39 is 30.4% below this benchmark. Historically, Thai Plaspac PCL's own Equity-to-Asset has ranged from 0.22 to 0.86 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.56, Thai Plaspac 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 Packaging & Containers company?
The median Equity-to-Asset among Packaging & Containers companies is 0.56, based on 410 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 Plaspac 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 Thai Plaspac PCL and its competitors. For the Packaging & Containers 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. Thai Plaspac PCL's current Equity-to-Asset is 0.39, which is near median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Plaspac PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Plaspac PCL (BKK:TPAC) is currently considered Fairly Valued. The stock's GF Value™ is ฿9.44, compared to a current price of ฿10.40 — trading 10.2% above its estimated fair value. The current Equity-to-Asset is 0.39, which is near median its 10-year median of 0.38 and 30.4% below the Packaging & Containers industry median of 0.56. Thai Plaspac PCL's overall GF Score™ is 86/100 with 5 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 Plaspac PCL (BKK:TPAC), 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 Thai Plaspac PCL (BKK:TPAC) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Plaspac PCL stock appears to be overvalued.
The current stock price of ฿10.40 is trading 10.2% above its estimated GF Value™ of ฿9.44.
GuruFocus considers Thai Plaspac PCL to be Fairly Valued.
Key valuation signals for BKK:TPAC:
Equity-to-Asset: 0.39 (near median its 10-year median of 0.38)
GF Value™: ฿9.44 vs. price of ฿10.40 (10.2% above fair value)
Industry Position: 30.4% below the Packaging & Containers median (#315 of 410)
No single metric tells the full story. See the BKK:TPAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Plaspac PCL is a Thailand-based company that operates in the plastic packaging business. The activity of the group includes the manufacturing and distribution of plastic packaging materials. It offers a wide range of manufacturing capabilities, ranging from packaging design, injection-molding, blow-molding, injection/blow molding in-line inspections, and quality assurance. It serves food, daily products, consumer-household, and other sectors. Geographically, the firm has a business presence in Thailand and Other overseas countries.
86GF Score
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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