The Erawan Group PCLBKK:ERW 85 Quick Ratio is 0.61 as of Mar. 2026, which is 2% above its 10-year median of 0.60. GuruFocus rates BKK:ERW with a GF Score™ of 85/100 and a GF Value™ of ฿4.04 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 858 Travel & Leisure companies, The Erawan Group PCL ranks worse than 76.34% on this metric.
The Erawan Group PCL has a quick ratio of 0.61. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for The Erawan Group PCL's Quick Ratio or its related term are showing as below:
BKK:ERW'
s Quick Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.6 Max: 1.76
Current: 0.61
During the past 13 years, The Erawan Group PCL's highest Quick Ratio was 1.76. The lowest was 0.32. And the median was 0.60.
BKK:ERW's Quick Ratio is ranked worse than 76.34% of 858
companies
in the Travel & Leisure industry
Industry Median: 1.145
vs BKK:ERW: 0.61
The Erawan Group PCL (BKK:ERW) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
The Erawan Group PCL Quick Ratio Related Terms
The Erawan Group PCL Quick Ratio Historical Data
* Premium members only.
The historical data trend for The Erawan Group PCL's Quick Ratio 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 Lodging subindustry, The Erawan Group PCL's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
The Erawan Group PCL Quick Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Erawan Group PCL's Quick Ratio distribution charts can be found below:
* The bar in red indicates where The Erawan Group PCL's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
The Erawan Group PCL's Quick Ratio for the fiscal year that ended in Dec. 2025 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.
The Erawan Group PCL (BKK:ERW) has a Quick Ratio of 0.61 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on The Erawan Group PCL and its competitors. This is near median its historical median of 0.60. Over the past decade, The Erawan Group PCL's Quick Ratio has ranged from 0.32 to 1.76. According to the industry distribution chart, The Erawan Group PCL ranks #655 out of 858 companies in the Travel & Leisure industry, placing it in the top 76.3%.
Is The Erawan Group PCL's Quick Ratio too high?
The Erawan Group PCL's current Quick Ratio of 0.61 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.76. The Travel & Leisure industry median Quick Ratio is 1.15. The Erawan Group PCL's value of 0.61 is 46.7% below this industry median. Based on the distribution chart, The Erawan Group PCL ranks #655 out of 858 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, The Erawan Group PCL has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Erawan Group PCL's Quick Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, The Erawan Group PCL ranks #655 out of 858 companies for Quick Ratio. This places The Erawan Group PCL in the lower half of its industry. The industry median Quick Ratio is 1.15. The Erawan Group PCL's value of 0.61 is 46.7% below this benchmark. Historically, The Erawan Group PCL's own Quick Ratio has ranged from 0.32 to 1.76 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 1.15, The Erawan Group 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 Quick Ratio for a Travel & Leisure company?
The median Quick Ratio among Travel & Leisure companies is 1.15, based on 858 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Erawan Group PCL's current Quick Ratio of 0.61 is 46.7% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on The Erawan Group PCL and its competitors. For the Travel & Leisure industry, the median Quick Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Erawan Group PCL's current Quick Ratio is 0.61, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Erawan Group PCL stock overvalued right now?
Based on GuruFocus' analysis, The Erawan Group PCL (BKK:ERW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.04, compared to a current price of ฿3.08 — trading 23.8% below its estimated fair value. The current Quick Ratio is 0.61, which is near median its 10-year median of 0.60 and 46.7% below the Travel & Leisure industry median of 1.15. The Erawan Group PCL's overall GF Score™ is 85/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For The Erawan Group PCL (BKK:ERW), the current Quick Ratio is 0.61 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 The Erawan Group PCL (BKK:ERW) Overvalued in 2026?
Based on GuruFocus' analysis, The Erawan Group PCL stock appears to be undervalued.
The current stock price of ฿3.08 is trading 23.8% below its estimated GF Value™ of ฿4.04.
GuruFocus considers The Erawan Group PCL to be Modestly Undervalued.
Key valuation signals for BKK:ERW:
Quick Ratio: 0.61 (near median its 10-year median of 0.60)
GF Value™: ฿4.04 vs. price of ฿3.08 (23.8% below fair value)
Industry Position: 46.7% below the Travel & Leisure median (#655 of 858)
No single metric tells the full story. See the BKK:ERW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Erawan Group PCL is a company that focuses on investing in various companies, engaged in the hotel business and in building rental business. The company operates two business segments: Hotel business segment, which consists of Grand Hyatt Erawan Bangkok, JW Marriott Bangkok, The Naka Island, a Luxury Collection Resort and Spa, Phuket, Renaissance Koh Samui Resort and Spa, Courtyard by Marriott Bangkok, Holiday Inn Pattaya, Mercure Bangkok Siam and Ibis Hotels; and the Rental and management building business segment including Erawan Bangkok, which is a boutique mall to the center of Bangkok's business and commercial district and Ploenchit Center, which is an office building with retail shops and international restaurants. The majority of the revenue is generated from its Hotel business.
85GF Score
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