TMBThanachart Bank PCLTMBBY 52 Return-on-Tangible-Asset is 1.23% as of Mar. 2026, which is 21% above its 10-year median of 1.02. GuruFocus rates TMBBY with a GF Score™ of 52/100 and a GF Value™ of $6.12. The stock has 8 warning signs investors should review. Among 1,527 Banks companies, TMBThanachart Bank PCL ranks better than 66.01% 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. TMBThanachart Bank PCL's annualizedNet Income for the quarter that ended in Mar. 2026 was $641 Mil. TMBThanachart Bank PCL's average total tangible assets for the quarter that ended in Mar. 2026 was $52,230 Mil. Therefore, TMBThanachart Bank PCL's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.23%.
The historical rank and industry rank for TMBThanachart Bank PCL's Return-on-Tangible-Asset or its related term are showing as below:
TMBBY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.53 Med: 1.02 Max: 1.34
Current: 1.24
During the past 13 years, TMBThanachart Bank PCL's highest Return-on-Tangible-Asset was 1.34%. The lowest was 0.53%. And the median was 1.02%.
TMBBY's Return-on-Tangible-Asset is ranked better than 66.01% of 1527
companies
in the Banks industry
Industry Median: 0.99
vs TMBBY: 1.24
TMBThanachart Bank PCL (OTCPK:TMBBY) 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.
TMBThanachart Bank PCL Return-on-Tangible-Asset Related Terms
TMBThanachart Bank PCL Return-on-Tangible-Asset Historical Data
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The historical data trend for TMBThanachart Bank 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.
TMBThanachart Bank PCL Return-on-Tangible-Asset Chart
TMBThanachart Bank PCL Return-on-Tangible-Asset Competitor Comparison
For the Banks - Regional subindustry, TMBThanachart Bank 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.
TMBThanachart Bank PCL Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, TMBThanachart Bank PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TMBThanachart Bank 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 1.23% mean?
TMBThanachart Bank PCL (TMBBY) has a Return-on-Tangible-Asset of 1.23% 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 TMBThanachart Bank PCL and its competitors. This is 21% above median its historical median of 1.02. Over the past decade, TMBThanachart Bank PCL's Return-on-Tangible-Asset has ranged from 0.53 to 1.34. According to the industry distribution chart, TMBThanachart Bank PCL ranks #519 out of 1527 companies in the Banks industry, placing it in the top 34%.
Is TMBThanachart Bank PCL's Return-on-Tangible-Asset too high?
TMBThanachart Bank PCL's current Return-on-Tangible-Asset of 1.23% is 21% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.34. The Banks industry median Return-on-Tangible-Asset is 0.99. TMBThanachart Bank PCL's value of 1.23% is 24.2% above this industry median. Based on the distribution chart, TMBThanachart Bank PCL ranks #519 out of 1527 companies in the Banks industry, which is above the industry midpoint. Overall, TMBThanachart Bank PCL has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does TMBThanachart Bank PCL's Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, TMBThanachart Bank PCL ranks #519 out of 1527 companies for Return-on-Tangible-Asset. This puts TMBThanachart Bank PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.99. TMBThanachart Bank PCL's value of 1.23% is 24.2% above this benchmark. Historically, TMBThanachart Bank PCL's own Return-on-Tangible-Asset has ranged from 0.53 to 1.34 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 0.99, TMBThanachart Bank 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,527 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. TMBThanachart Bank PCL's current Return-on-Tangible-Asset of 1.23% is 24.2% 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 TMBThanachart Bank PCL and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMBThanachart Bank PCL's current Return-on-Tangible-Asset is 1.23%, which is 21% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMBThanachart Bank PCL stock overvalued right now?
TMBThanachart Bank PCL (TMBBY) has a current Return-on-Tangible-Asset of 1.23%. The stock's GF Value™ is $6.12, compared to a current price of $9.05 — trading 47.9% above its estimated fair value. The current Return-on-Tangible-Asset is 1.23%, which is 21% above median its 10-year median of 1.02 and 24.2% above the Banks industry median of 0.99. TMBThanachart Bank PCL's overall GF Score™ is 52/100 with 8 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 TMBThanachart Bank PCL (TMBBY), the current Return-on-Tangible-Asset is 1.23% 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 TMBThanachart Bank PCL (TMBBY) Overvalued in 2026?
Based on GuruFocus' analysis, TMBThanachart Bank PCL stock appears to be overvalued.
The current stock price of $9.05 is trading 47.9% above its estimated GF Value™ of $6.12.
Key valuation signals for TMBBY:
Return-on-Tangible-Asset: 1.23% (21% above median its 10-year median of 1.02)
GF Value™: $6.12 vs. price of $9.05 (47.9% above fair value)
Industry Position: 24.2% above the Banks median (#519 of 1527)
No single metric tells the full story. See the TMBBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TMBThanachart Bank PCL is a Thailand-based company that is principally engaged in banking. The company operates in two reportable segments retail and commercial banking. Retail banking provides customers with services such as deposits, loans, and credit cards. Commercial banking provides lending, deposit, and management services to wholesale, small, and midsize businesses. The company has maximum revenue from Retail Banking. The company's business operations are concentrated in Thailand.
52GF Score
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