TQR PCL (BKK:TQR-R) Equity-to-Asset: 0.83 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BKK:TQR-R TQR PCL BKK:TQR-R
87 GF Score
Price ฿6.45
GF Value ฿6.05
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is TQR PCL Equity-to-Asset?

TQR PCL BKK:TQR-R +0.78% 87 Equity-to-Asset is 0.83 as of Jun. 2026, which is at its 10-year median of 0.83. GuruFocus rates BKK:TQR-R with a GF Score™ of 87/100 and a GF Value™ of ฿6.05 (Fairly Valued). The stock has 4 warning signs investors should review. Among 502 Insurance companies, TQR PCL ranks better than 98.01% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TQR PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿538.1 Mil. TQR PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿651.3 Mil. Therefore, TQR PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.83.

The historical rank and industry rank for TQR PCL's Equity-to-Asset or its related term are showing as below:

BKK:TQR-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.83   Max: 0.86
Current: 0.83

During the past 8 years, the highest Equity to Asset Ratio of TQR PCL was 0.86. The lowest was 0.15. And the median was 0.83.

BKK:TQR-R's Equity-to-Asset is ranked better than
98.01% of 502 companies
in the Insurance industry
Industry Median: 0.26 vs BKK:TQR-R: 0.83

TQR PCL  (BKK:TQR-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%.


TQR PCL Equity-to-Asset Related Terms


TQR PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for TQR 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.

TQR PCL Equity-to-Asset Chart

TQR PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.84 0.83 0.84 0.85 0.83

TQR PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.84 0.83 0.86 0.83

BKK:TQR-R vs RGA, EG, RNR: Equity-to-Asset Comparison

For the Insurance - Reinsurance subindustry, TQR 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.


TQR PCL Equity-to-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, TQR PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TQR PCL's Equity-to-Asset falls into.


BKK:TQR-R
87GF Score
TQR PCL BKK:TQR-R
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TQR 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.

TQR PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=523.281/632.296
=0.83

TQR PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=538.126/651.309
=0.83

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.83 mean?
TQR PCL (BKK:TQR-R) has a Equity-to-Asset of 0.83 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TQR PCL and its competitors. This is near median its historical median of 0.83. Over the past decade, TQR PCL's Equity-to-Asset has ranged from 0.15 to 0.86. According to the industry distribution chart, TQR PCL ranks #10 out of 502 companies in the Insurance industry, placing it in the top 2%.
Is TQR PCL's Equity-to-Asset too high?
TQR PCL's current Equity-to-Asset of 0.83 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.86. The Insurance industry median Equity-to-Asset is 0.26. TQR PCL's value of 0.83 is 219.2% above this industry median. Based on the distribution chart, TQR PCL ranks #10 out of 502 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, TQR PCL has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TQR PCL's Equity-to-Asset compare to RGA and EG?
According to the Insurance industry distribution chart, TQR PCL ranks #10 out of 502 companies for Equity-to-Asset. This places TQR PCL in the top 2% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.26. TQR PCL's value of 0.83 is 219.2% above this benchmark. Historically, TQR PCL's own Equity-to-Asset has ranged from 0.15 to 0.86 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.26, TQR 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 Insurance company?
The median Equity-to-Asset among Insurance companies is 0.26, based on 502 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. TQR PCL's current Equity-to-Asset of 0.83 is 219.2% 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 TQR PCL and its competitors. For the Insurance industry, the median Equity-to-Asset is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TQR PCL's current Equity-to-Asset is 0.83, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TQR PCL stock overvalued right now?
Based on GuruFocus' analysis, TQR PCL (BKK:TQR-R) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.05, compared to a current price of ฿6.45 — trading 6.6% above its estimated fair value. The current Equity-to-Asset is 0.83, which is near median its 10-year median of 0.83 and 219.2% above the Insurance industry median of 0.26. TQR PCL's overall GF Score™ is 87/100 with 4 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 TQR PCL (BKK:TQR-R), the current Equity-to-Asset is 0.83 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 TQR PCL (BKK:TQR-R) Overvalued in 2026?

Based on GuruFocus' analysis, TQR PCL stock appears to be overvalued. The current stock price of ฿6.45 is trading 6.6% above its estimated GF Value™ of ฿6.05. GuruFocus considers TQR PCL to be Fairly Valued.

Key valuation signals for BKK:TQR-R:

  • Equity-to-Asset: 0.83 (near median its 10-year median of 0.83)
  • GF Value™: ฿6.05 vs. price of ฿6.45 (6.6% above fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 219.2% above the Insurance median (#10 of 502)

No single metric tells the full story. See the BKK:TQR-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TQR PCL Business Description

Other Exchanges TQR:Thailand
Address Ratchadapisek Road, 46/7 Rungrojthanakul Building, (Building A) 8th floor, Huaykwang, Bangkok, THA, 10310
TQR PCL is a Thailand-based company engaged in the reinsurance brokerage business. The company operates through three segments: Traditional Business, which provides general reinsurance brokerage services; Alternatives Business, which offers reinsurance consulting services and develops new distribution channels and products; and Other Business, which includes related supporting activities. It generates the majority of its revenue from the Alternatives Business segment.
87GF Score

Get the complete analysis for BKK:TQR-R

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿6.45
Price
฿6.05
GF Value