VGI PCLBKK:VGI-R 63 Equity-to-Asset is 0.88 as of Mar. 2026, which is 14% above its 10-year median of 0.77. GuruFocus rates BKK:VGI-R with a GF Score™ of 63/100 and a GF Value™ of ฿1.00. The stock has 4 warning signs investors should review. Among 565 Conglomerates companies, VGI PCL ranks better than 94.51% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. VGI PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿35,100 Mil. VGI PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿39,862 Mil.
Therefore, VGI PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.88.
The historical rank and industry rank for VGI PCL's Equity-to-Asset or its related term are showing as below:
BKK:VGI-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.77 Max: 0.88
Current: 0.88
During the past 13 years, the highest Equity to Asset Ratio of VGI PCL was 0.88. The lowest was 0.23. And the median was 0.77.
BKK:VGI-R's Equity-to-Asset is ranked better than 94.51% of 565
companies
in the Conglomerates industry
Industry Median: 0.44
vs BKK:VGI-R: 0.88
VGI PCL (BKK:VGI-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%.
VGI PCL Equity-to-Asset Related Terms
VGI PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for VGI 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.
For the Conglomerates subindustry, VGI 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.
VGI PCL Equity-to-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, VGI PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where VGI 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.
VGI PCL's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
VGI PCL (BKK:VGI-R) has a Equity-to-Asset of 0.88 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on VGI PCL and its competitors. This is 14% above median its historical median of 0.77. Over the past decade, VGI PCL's Equity-to-Asset has ranged from 0.23 to 0.88. According to the industry distribution chart, VGI PCL ranks #31 out of 565 companies in the Conglomerates industry, placing it in the top 5.5%.
Is VGI PCL's Equity-to-Asset too high?
VGI PCL's current Equity-to-Asset of 0.88 is 14% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.88. The Conglomerates industry median Equity-to-Asset is 0.44. VGI PCL's value of 0.88 is 100% above this industry median. Based on the distribution chart, VGI PCL ranks #31 out of 565 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, VGI PCL has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does VGI PCL's Equity-to-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, VGI PCL ranks #31 out of 565 companies for Equity-to-Asset. This places VGI PCL in the top 6% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.44. VGI PCL's value of 0.88 is 100% above this benchmark. Historically, VGI PCL's own Equity-to-Asset has ranged from 0.23 to 0.88 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.44, VGI 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 a Conglomerates company?
The median Equity-to-Asset among Conglomerates companies is 0.44, based on 565 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. VGI PCL's current Equity-to-Asset of 0.88 is 100% 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 VGI PCL and its competitors. For the Conglomerates 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. VGI PCL's current Equity-to-Asset is 0.88, which is 14% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VGI PCL stock overvalued right now?
VGI PCL (BKK:VGI-R) has a current Equity-to-Asset of 0.88. The stock's GF Value™ is ฿1.00, compared to a current price of ฿0.83 — trading 17% below its estimated fair value. The current Equity-to-Asset is 0.88, which is 14% above median its 10-year median of 0.77 and 100% above the Conglomerates industry median of 0.44. VGI PCL's overall GF Score™ is 63/100 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 VGI PCL (BKK:VGI-R), the current Equity-to-Asset is 0.88 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 VGI PCL (BKK:VGI-R) Overvalued in 2026?
Based on GuruFocus' analysis, VGI PCL stock appears to be undervalued.
The current stock price of ฿0.83 is trading 17% below its estimated GF Value™ of ฿1.00.
Key valuation signals for BKK:VGI-R:
Equity-to-Asset: 0.88 (14% above median its 10-year median of 0.77)
GF Value™: ฿1.00 vs. price of ฿0.83 (17% below fair value)
Industry Position: 100% above the Conglomerates median (#31 of 565)
No single metric tells the full story. See the BKK:VGI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VGI PCL is principally engaged in the arrangement and provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, in office buildings, and other spaces and the rental at BTS stations.is organised into business units based on the services it provides, and there are four reportable segments as follows: the Transit segment, the Digital service segment, the Distribution segment, and the Other segment. The majority of the revenue is derived from the Transit segment, which provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, on BTS Column and the rental of retail space at BTS stations. Geographically, the company operates in Thailand.
63GF Score
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