Thaire Life Assurance PCL (BKK:THREL-R) Net Cash per Share: ฿-0.23 (As of Jun. 2026)

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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 Net Cash per Share?

Thaire Life Assurance PCL BKK:THREL-R +22.29% 33 Net Cash per Share is ฿-0.23 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. Among 45 Insurance companies, Thaire Life Assurance PCL ranks worse than 2222220% on this metric.

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Thaire Life Assurance PCL's Net Cash per Share for the quarter that ended in Jun. 2026 was ฿-0.23.

The historical rank and industry rank for Thaire Life Assurance PCL's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of Thaire Life Assurance PCL was 551.61. The lowest was 7.90. And the median was 33.04.

BKK:THREL-R's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 6.28
* Ranked among companies with meaningful Price-to-Net-Cash only.

Thaire Life Assurance PCL  (BKK:THREL-R) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Thaire Life Assurance PCL Net Cash per Share Related Terms


Thaire Life Assurance PCL Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Thaire Life Assurance PCL's Net Cash per Share 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 Net Cash per Share Chart

Thaire Life Assurance PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -0.84 -2.02 -3.03 -2.65

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
Net Cash per Share 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 -2.85 -2.78 -2.65 -0.21 -0.23

BKK:THREL-R vs RGA, EG, RNR: Net Cash per Share Comparison

For the Insurance - Reinsurance subindustry, Thaire Life Assurance PCL's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Insurance Industry

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

* The bar in red indicates where Thaire Life Assurance PCL's Price-to-Net-Cash falls into.


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

Thaire Life Assurance PCL Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Thaire Life Assurance PCL's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(30.83+195.586-1870.933-0)/620.000
=-2.65

Thaire Life Assurance PCL's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(32.677+1808.191-1983.261-0)/620.000
=-0.23

* 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 Net Cash per Share →
What does a Net Cash per Share of ฿-0.23 mean?
Thaire Life Assurance PCL (BKK:THREL-R) has a Net Cash per Share of ฿-0.23 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Thaire Life Assurance PCL and its competitors. According to the industry distribution chart, Thaire Life Assurance PCL ranks #999999 out of 45 companies in the Insurance industry.
Is Thaire Life Assurance PCL's Net Cash per Share too high?
Thaire Life Assurance PCL's current Net Cash per Share is ฿-0.23. Based on the distribution chart, Thaire Life Assurance PCL ranks #999999 out of 45 companies in the Insurance industry, which is in the bottom quartile relative to peers. 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 Net Cash per Share compare to RGA and EG?
According to the Insurance industry distribution chart, Thaire Life Assurance PCL ranks #999999 out of 45 companies for Net Cash per Share. This places Thaire Life Assurance PCL in the lower half of its industry. The industry median Net Cash per Share is 6.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Insurance company?
The median Net Cash per Share among Insurance companies is 6.28, based on 45 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Thaire Life Assurance PCL and its competitors. For the Insurance industry, the median Net Cash per Share is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaire Life Assurance PCL's current Net Cash per Share is ฿-0.23. 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 Net Cash per Share is ฿-0.23. 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 Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Thaire Life Assurance PCL (BKK:THREL-R), the current Net Cash per Share is ฿-0.23 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:

  • Net Cash per Share: ฿-0.23
  • 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

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.43
Price
฿0.83
GF Value