Central Pattana PCLCPPBY 90 Return-on-Tangible-Asset is 6.52% as of Mar. 2026, which is 8% above its 10-year median of 6.02. GuruFocus rates CPPBY with a GF Score™ of 90/100 and a GF Value™ of $23.14. The stock has 6 warning signs investors should review. Among 1,801 Real Estate companies, Central Pattana PCL ranks better than 84.73% 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. Central Pattana PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was $616 Mil. Central Pattana PCL's average total tangible assets for the quarter that ended in Mar. 2026 was $9,458 Mil. Therefore, Central Pattana PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.52%.
The historical rank and industry rank for Central Pattana PCL's Return-on-Tangible-Asset or its related term are showing as below:
CPPBY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.97 Med: 6.02 Max: 13.35
Current: 6.46
During the past 13 years, Central Pattana PCL's highest Return-on-Tangible-Asset was 13.35%. The lowest was 2.97%. And the median was 6.02%.
CPPBY's Return-on-Tangible-Asset is ranked better than 84.73% of 1801
companies
in the Real Estate industry
Industry Median: 1.74
vs CPPBY: 6.46
Central Pattana PCL (OTCPK:CPPBY) Return-on-Tangible-Asset Explanation
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.
Central Pattana PCL Return-on-Tangible-Asset Related Terms
Central Pattana PCL Return-on-Tangible-Asset Historical Data
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The historical data trend for Central Pattana 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.
Central Pattana PCL Return-on-Tangible-Asset Chart
Central Pattana PCL Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Diversified subindustry, Central Pattana 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.
Central Pattana PCL Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Central Pattana PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Central Pattana 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 6.52% mean?
Central Pattana PCL (CPPBY) has a Return-on-Tangible-Asset of 6.52% 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 Central Pattana PCL and its competitors. This is near median its historical median of 6.02. Over the past decade, Central Pattana PCL's Return-on-Tangible-Asset has ranged from 2.97 to 13.35. According to the industry distribution chart, Central Pattana PCL ranks #275 out of 1801 companies in the Real Estate industry, placing it in the top 15.3%.
Is Central Pattana PCL's Return-on-Tangible-Asset too high?
Central Pattana PCL's current Return-on-Tangible-Asset of 6.52% is near median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 13.35. The Real Estate industry median Return-on-Tangible-Asset is 1.74. Central Pattana PCL's value of 6.52% is 274.7% above this industry median. Based on the distribution chart, Central Pattana PCL ranks #275 out of 1801 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Central Pattana PCL has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Central Pattana PCL's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Central Pattana PCL ranks #275 out of 1801 companies for Return-on-Tangible-Asset. This places Central Pattana PCL in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.74. Central Pattana PCL's value of 6.52% is 274.7% above this benchmark. Historically, Central Pattana PCL's own Return-on-Tangible-Asset has ranged from 2.97 to 13.35 over the past decade. While the company's 10-year median is 6.02 vs. the industry median of 1.74, Central Pattana 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.74, based on 1,801 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. Central Pattana PCL's current Return-on-Tangible-Asset of 6.52% is 274.7% 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 Central Pattana PCL and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Pattana PCL's current Return-on-Tangible-Asset is 6.52%, which is near median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Pattana PCL stock overvalued right now?
Central Pattana PCL (CPPBY) has a current Return-on-Tangible-Asset of 6.52%. The stock's GF Value™ is $23.14, compared to a current price of $23.40 — trading 1.1% above its estimated fair value. The current Return-on-Tangible-Asset is 6.52%, which is near median its 10-year median of 6.02 and 274.7% above the Real Estate industry median of 1.74. Central Pattana PCL's overall GF Score™ is 90/100 with 6 warning signs to review. 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 Central Pattana PCL (CPPBY), the current Return-on-Tangible-Asset is 6.52% 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 Central Pattana PCL (CPPBY) Overvalued in 2026?
Based on GuruFocus' analysis, Central Pattana PCL stock appears to be overvalued.
The current stock price of $23.40 is trading 1.1% above its estimated GF Value™ of $23.14.
Key valuation signals for CPPBY:
Return-on-Tangible-Asset: 6.52% (near median its 10-year median of 6.02)
GF Value™: $23.14 vs. price of $23.40 (1.1% above fair value)
Industry Position: 274.7% above the Real Estate median (#275 of 1801)
No single metric tells the full story. See the CPPBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Central Pattana PCL is engaged in the development and management of properties, including the construction of office buildings and shopping centers for rent, the provision of utility services within shopping centers, the sale of food and beverages, and the delivery of property management consulting and corporate services. Its segments are the development of shopping center buildings, office buildings, and condominiums for rent, including food center services, utility services, and the operation of playlands and water theme parks, which generate the majority of the company's revenue; the hotel business; and the real estate business, which involves the sale of land, houses, and condominium units. The Group is mainly managed and operates principally in Thailand.
90GF Score
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