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Praram 9 Hospital PCLBKK:PR9 +0.56%86 Return-on-Tangible-Asset is 10.49% as of Mar. 2026, which is 3% above its 10-year median of 10.22. GuruFocus rates BKK:PR9 with a GF Score™ of 86/100 and a GF Value™ of ฿23.65 (Modestly Undervalued). Among 680 Healthcare Providers & Services companies, Praram 9 Hospital PCL ranks better than 85.59% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Praram 9 Hospital PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was ฿738 Mil. Praram 9 Hospital PCL's average total tangible assets for the quarter that ended in Mar. 2026 was ฿7,035 Mil. Therefore, Praram 9 Hospital PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.49%.
The historical rank and industry rank for Praram 9 Hospital PCL's Return-on-Tangible-Asset or its related term are showing as below:
BKK:PR9'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.33 Med: 10.22 Max: 12.52
Current: 11.86
During the past 12 years, Praram 9 Hospital PCL's highest Return-on-Tangible-Asset was 12.52%. The lowest was 4.33%. And the median was 10.22%.
BKK:PR9's Return-on-Tangible-Asset is ranked better than 85.59% of 680
companies
in the Healthcare Providers & Services industry
Industry Median: 2.465
vs BKK:PR9: 11.86
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Praram 9 Hospital PCL Return-on-Tangible-Asset Related Terms
Praram 9 Hospital PCL Return-on-Tangible-Asset Historical Data
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The historical data trend for Praram 9 Hospital PCL's Return-on-Tangible-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.
BKK:PR9 vs HCA, THC, DVA: Return-on-Tangible-Asset Comparison
For the Medical Care Facilities subindustry, Praram 9 Hospital PCL's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.
Praram 9 Hospital PCL Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Praram 9 Hospital PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Praram 9 Hospital PCL's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.49% mean?
Praram 9 Hospital PCL (BKK:PR9) has a Return-on-Tangible-Asset of 10.49% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Praram 9 Hospital PCL and its competitors. This is near median its historical median of 10.22. Over the past decade, Praram 9 Hospital PCL's Return-on-Tangible-Asset has ranged from 4.33 to 12.52. According to the industry distribution chart, Praram 9 Hospital PCL ranks #98 out of 680 companies in the Healthcare Providers & Services industry, placing it in the top 14.4%.
Is Praram 9 Hospital PCL's Return-on-Tangible-Asset too high?
Praram 9 Hospital PCL's current Return-on-Tangible-Asset of 10.49% is near median its 10-year median of 10.22. Over the past 10 years, this metric has ranged from a low of 4.33 to a high of 12.52. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.47. Praram 9 Hospital PCL's value of 10.49% is 325.6% above this industry median. Based on the distribution chart, Praram 9 Hospital PCL ranks #98 out of 680 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Praram 9 Hospital PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Praram 9 Hospital PCL's Return-on-Tangible-Asset compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Praram 9 Hospital PCL ranks #98 out of 680 companies for Return-on-Tangible-Asset. This places Praram 9 Hospital PCL in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.47. Praram 9 Hospital PCL's value of 10.49% is 325.6% above this benchmark. Historically, Praram 9 Hospital PCL's own Return-on-Tangible-Asset has ranged from 4.33 to 12.52 over the past decade. While the company's 10-year median is 10.22 vs. the industry median of 2.47, Praram 9 Hospital 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 Return-on-Tangible-Asset for a Healthcare Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.47, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Praram 9 Hospital PCL's current Return-on-Tangible-Asset of 10.49% is 325.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Praram 9 Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praram 9 Hospital PCL's current Return-on-Tangible-Asset is 10.49%, which is near median its own 10-year median of 10.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Praram 9 Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Praram 9 Hospital PCL (BKK:PR9) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿23.65, compared to a current price of ฿17.80 — trading 24.7% below its estimated fair value. The current Return-on-Tangible-Asset is 10.49%, which is near median its 10-year median of 10.22 and 325.6% above the Healthcare Providers & Services industry median of 2.47. Praram 9 Hospital PCL's overall GF Score™ is 86/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Praram 9 Hospital PCL (BKK:PR9), the current Return-on-Tangible-Asset is 10.49% 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 Praram 9 Hospital PCL (BKK:PR9) Overvalued in 2026?
Based on GuruFocus' analysis, Praram 9 Hospital PCL stock appears to be undervalued.
The current stock price of ฿17.80 is trading 24.7% below its estimated GF Value™ of ฿23.65.
GuruFocus considers Praram 9 Hospital PCL to be Modestly Undervalued.
Key valuation signals for BKK:PR9:
Return-on-Tangible-Asset: 10.49% (near median its 10-year median of 10.22)
GF Value™: ฿23.65 vs. price of ฿17.80 (24.7% below fair value)
Industry Position: 325.6% above the Healthcare Providers & Services median (#98 of 680)
No single metric tells the full story. See the BKK:PR9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Praram 9 Hospital PCL is engaged in hospital operations in Bangkok. The company operates an overnight general hospital under the name of Praram 9 Hospital. The revenue derived from hospital operations mainly consists of medical fees, hospital room sales, and medicine sales. Geographically, the company operates only in Thailand.
86GF Score
Get the complete analysis for BKK:PR9
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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