Thaire Life Assurance PCL (BKK:THREL-R) Goodwill-to-Asset: 0.00 (As of Jun. 2026)

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:THREL-R Thaire Life Assurance PCL BKK:THREL-R
33 GF Score
Price ฿1.43
GF Value ฿0.83
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thaire Life Assurance PCL Goodwill-to-Asset?

Thaire Life Assurance PCL BKK:THREL-R +22.29% 33 Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates BKK:THREL-R with a GF Score™ of 33/100 and a GF Value™ of ฿0.83 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Thaire Life Assurance PCL's Goodwill for the quarter that ended in Jun. 2026 was ฿0 Mil. Thaire Life Assurance PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿2,482 Mil. Therefore, Thaire Life Assurance PCL's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.


Thaire Life Assurance PCL  (BKK:THREL-R) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Thaire Life Assurance PCL Goodwill-to-Asset Related Terms


Thaire Life Assurance PCL Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Thaire Life Assurance PCL's Goodwill-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.

Thaire Life Assurance PCL Goodwill-to-Asset Chart

Thaire Life Assurance PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Thaire Life Assurance PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Goodwill-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 0.00 0.00 0.00 0.00 0.00

BKK:THREL-R vs RGA, EG, RNR: Goodwill-to-Asset Comparison

For the Insurance - Reinsurance subindustry, Thaire Life Assurance PCL's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-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.


Thaire Life Assurance PCL Goodwill-to-Asset vs Insurance Industry

For the Insurance industry and Financial Services sector, Thaire Life Assurance PCL's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Thaire Life Assurance PCL's Goodwill-to-Asset falls into.


BKK:THREL-R
33GF Score
Thaire Life Assurance PCL BKK:THREL-R
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thaire Life Assurance PCL Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Thaire Life Assurance PCL's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0/2371.562
=0.00

Thaire Life Assurance PCL's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=0/2482.427
=0.00

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Thaire Life Assurance PCL (BKK:THREL-R) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Thaire Life Assurance PCL and its competitors.
Is Thaire Life Assurance PCL's Goodwill-to-Asset too high?
Thaire Life Assurance PCL's current Goodwill-to-Asset is 0.00. Overall, Thaire Life Assurance PCL has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thaire Life Assurance PCL's Goodwill-to-Asset compare to RGA and EG?
Thaire Life Assurance PCL's Goodwill-to-Asset of 0.00 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for an Insurance company?
A good Goodwill-to-Asset depends on the Insurance industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Thaire Life Assurance PCL and its competitors. Thaire Life Assurance PCL's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaire Life Assurance PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaire Life Assurance PCL (BKK:THREL-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.83, compared to a current price of ฿1.43 — trading 72.4% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Thaire Life Assurance PCL's overall GF Score™ is 33/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Thaire Life Assurance PCL (BKK:THREL-R), the current Goodwill-to-Asset is 0.00 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 Thaire Life Assurance PCL (BKK:THREL-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thaire Life Assurance PCL stock appears to be overvalued. The current stock price of ฿1.43 is trading 72.4% above its estimated GF Value™ of ฿0.83. GuruFocus considers Thaire Life Assurance PCL to be Significantly Overvalued.

Key valuation signals for BKK:THREL-R:

  • Goodwill-to-Asset: 0.00
  • GF Value™: ฿0.83 vs. price of ฿1.43 (72.4% above fair value)
  • GF Score™: 33/100 with 4 warning signs

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


Thaire Life Assurance PCL Business Description

Other Exchanges THREL:Thailand
Address North Sathorn Road, No. 92/7 Sathorn Thani 2 Building, 6th Floor, Silom Sub-district, Bang Rak District, Bangkok, THA, 10500
Thaire Life Assurance PCL is a local reinsurer in Thailand. The company is engaged in the provision of life reinsurance services such as ordinary life, group life, credit life and personal accident and health. It operates through the Conventional and Non-Conventional product segments. The conventional product line includes products that are already available in the market. The non-conventional products refers to new types of products, which are introduced by the group in cooperation with other life insurance companies. Geographically the activities are functioned through Thailand.
33GF Score

Get the complete analysis for BKK:THREL-R

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

฿1.43
Price
฿0.83
GF Value