People's Garment PCLBKK:PG 57 Gross Margin % is 21.07% as of Mar. 2026, which is 11% above its 10-year median of 18.92. GuruFocus rates BKK:PG with a GF Score™ of 57/100 and a GF Value™ of ฿6.95 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, People's Garment PCL ranks worse than 62.02% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
People's Garment PCL had a gross margin of 21.07% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
People's Garment PCL Gross Margin % Related Terms
People's Garment PCL Gross Margin % Historical Data
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The historical data trend for People's Garment PCL's Gross Margin % 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:PG vs RL, LEVI, VFC: Gross Margin % Comparison
For the Apparel Manufacturing subindustry, People's Garment PCL's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.
People's Garment PCL Gross Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, People's Garment PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where People's Garment PCL's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
People's Garment PCL (BKK:PG) has a Gross Margin % of 21.07% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on People's Garment PCL and its competitors. This is 11% above median its historical median of 18.92. Over the past decade, People's Garment PCL's Gross Margin % has ranged from 12.01 to 23.56. According to the industry distribution chart, People's Garment PCL ranks #632 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 62%.
Is People's Garment PCL's Gross Margin % too high?
People's Garment PCL's current Gross Margin % of 21.07% is 11% above median its 10-year median of 18.92. Over the past 10 years, this metric has ranged from a low of 12.01 to a high of 23.56. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.49. People's Garment PCL's value of 21.07% is 26% below this industry median. Based on the distribution chart, People's Garment PCL ranks #632 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, People's Garment PCL has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does People's Garment PCL's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, People's Garment PCL ranks #632 out of 1019 companies for Gross Margin %. This places People's Garment PCL in the lower half of its industry. The industry median Gross Margin % is 28.49. People's Garment PCL's value of 21.07% is 26% below this benchmark. Historically, People's Garment PCL's own Gross Margin % has ranged from 12.01 to 23.56 over the past decade. While the company's 10-year median is 18.92 vs. the industry median of 28.49, People's Garment 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 Gross Margin % for a Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.49, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. People's Garment PCL's current Gross Margin % of 21.07% is 26% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on People's Garment PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. People's Garment PCL's current Gross Margin % is 21.07%, which is 11% above median its own 10-year median of 18.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is People's Garment PCL stock overvalued right now?
Based on GuruFocus' analysis, People's Garment PCL (BKK:PG) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.95, compared to a current price of ฿6.65 — trading 4.3% below its estimated fair value. The current Gross Margin % is 21.07%, which is 11% above median its 10-year median of 18.92 and 26% below the Manufacturing - Apparel & Accessories industry median of 28.49. People's Garment PCL's overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For People's Garment PCL (BKK:PG), the current Gross Margin % is 21.07% 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 People's Garment PCL (BKK:PG) Overvalued in 2026?
Based on GuruFocus' analysis, People's Garment PCL stock appears to be undervalued.
The current stock price of ฿6.65 is trading 4.3% below its estimated GF Value™ of ฿6.95.
GuruFocus considers People's Garment PCL to be Fairly Valued.
Key valuation signals for BKK:PG:
Gross Margin %: 21.07% (11% above median its 10-year median of 18.92)
GF Value™: ฿6.95 vs. price of ฿6.65 (4.3% below fair value)
Industry Position: 26% below the Manufacturing - Apparel & Accessories median (#632 of 1019)
No single metric tells the full story. See the BKK:PG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
People's Garment PCL manufactures and markets readymade garments. It offers men's wear, children's wear, women wear, shirts, swimwear, jackets and slacks among others. The products are distributed both domestically and internationally under trademarks, such as ARROW, ELLE, Arena, BSC, and others. Geographically it operates in Thailand, United States, Vietnam, Cambodia and Others, key revenue is generated from Thailand.
57GF Score
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