Power Line Engineering PCLBKK:PLE Piotroski F-Score is 7 as of Jul. 01, 2026, which is 75% above its 10-year median of 4.00. The stock has 7 warning signs investors should review. Among 1,730 Construction companies, Power Line Engineering PCL ranks better than 89.36% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Power Line Engineering PCL has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Power Line Engineering PCL's Piotroski F-Score or its related term are showing as below:
BKK:PLE'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 4 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of Power Line Engineering PCL was 8. The lowest was 1. And the median was 4.
Power Line Engineering PCL (BKK:PLE) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Power Line Engineering PCL Piotroski F-Score Related Terms
Power Line Engineering PCL Piotroski F-Score 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.
Power Line Engineering PCL Piotroski F-Score Chart
BKK:PLE vs PWR, FIX, EME: Piotroski F-Score Comparison
For the Engineering & Construction subindustry, Power Line Engineering PCL's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Power Line Engineering PCL Piotroski F-Score vs Construction Industry
For the Construction industry and Industrials sector, Power Line Engineering PCL's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Power Line Engineering PCL's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Power Line Engineering PCL's current Net Income (TTM) was 11.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Power Line Engineering PCL's current Cash Flow from Operations (TTM) was 95.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Power Line Engineering PCL's return on assets of this year was 0.0007556. Power Line Engineering PCL's return on assets of last year was -0.04096239.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Power Line Engineering PCL's gearing of this year was 0.00763724. Power Line Engineering PCL's gearing of last year was 0.02971034.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Power Line Engineering PCL's current ratio of this year was 0.96658395. Power Line Engineering PCL's current ratio of last year was 0.9495159.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Power Line Engineering PCL's number of shares in issue this year was 1815.757. Power Line Engineering PCL's number of shares in issue last year was 1361.818.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Power Line Engineering PCL's gross margin of this year was 0.16452019. Power Line Engineering PCL's gross margin of last year was 0.00586746.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Power Line Engineering PCL's asset turnover of this year was 0.30154669. Power Line Engineering PCL's asset turnover of last year was 0.48313344.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Power Line Engineering PCL has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Power Line Engineering PCL (BKK:PLE) has a Piotroski F-Score of 7 as of Jul. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Power Line Engineering PCL and its competitors. This is 75% above median its historical median of 4.00. Over the past decade, Power Line Engineering PCL's Piotroski F-Score has ranged from 1.00 to 8.00. According to the industry distribution chart, Power Line Engineering PCL ranks #184 out of 1730 companies in the Construction industry, placing it in the top 10.6%.
Is Power Line Engineering PCL's Piotroski F-Score too high?
Power Line Engineering PCL's current Piotroski F-Score of 7 is 75% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 8.00. The Construction industry median Piotroski F-Score is 5.00. Power Line Engineering PCL's value of 7 is 40% above this industry median. Based on the distribution chart, Power Line Engineering PCL ranks #184 out of 1730 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Power Line Engineering PCL's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Power Line Engineering PCL ranks #184 out of 1730 companies for Piotroski F-Score. This places Power Line Engineering PCL in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Power Line Engineering PCL's value of 7 is 40% above this benchmark. Historically, Power Line Engineering PCL's own Piotroski F-Score has ranged from 1.00 to 8.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Power Line Engineering 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 Piotroski F-Score for a Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,730 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Power Line Engineering PCL's current Piotroski F-Score of 7 is 40% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Power Line Engineering PCL and its competitors. For the Construction industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Line Engineering PCL's current Piotroski F-Score is 7, which is 75% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Line Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Power Line Engineering PCL (BKK:PLE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.10 — trading 28.6% below its estimated fair value. The current Piotroski F-Score is 7, which is 75% above median its 10-year median of 4.00 and 40% above the Construction industry median of 5.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Power Line Engineering PCL (BKK:PLE), the current Piotroski F-Score is 7 as of Jul. 01, 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.
Power Line Engineering PCL is a Thailand-based company engaged in the business of system installation of electrical, air condition, sanitary and fire protection, civil construction, and real estate. The operations of the company principally involve construction contracting and property development, and are mostly carried out in a single geographic area of Thailand.
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