Grand Prix International PCLBKK:GPI 93 Return-on-Tangible-Equity is 84.42% as of Mar. 2026, which is 587% above its 10-year median of 12.28. GuruFocus rates BKK:GPI with a GF Score™ of 93/100 and a GF Value™ of ฿1.99 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 863 Media - Diversified companies, Grand Prix International PCL ranks better than 65.7% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Grand Prix International PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿676.4 Mil. Grand Prix International PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿801.2 Mil. Therefore, Grand Prix International PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 84.42%.
The historical rank and industry rank for Grand Prix International PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:GPI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.27 Med: 12.28 Max: 35.45
Current: 11.75
During the past 12 years, Grand Prix International PCL's highest Return-on-Tangible-Equity was 35.45%. The lowest was 4.27%. And the median was 12.28%.
BKK:GPI's Return-on-Tangible-Equity is ranked better than 65.7% of 863
companies
in the Media - Diversified industry
Industry Median: 5.46
vs BKK:GPI: 11.75
Grand Prix International PCL (BKK:GPI) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Grand Prix International PCL Return-on-Tangible-Equity Related Terms
Grand Prix International PCL Return-on-Tangible-Equity Historical Data
* 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.
Grand Prix International PCL Return-on-Tangible-Equity Chart
BKK:GPI vs APP, OMC, TTD: Return-on-Tangible-Equity Comparison
For the Advertising Agencies subindustry, Grand Prix International PCL's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Grand Prix International PCL Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Grand Prix International PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grand Prix International PCL's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 84.42% mean?
Grand Prix International PCL (BKK:GPI) has a Return-on-Tangible-Equity of 84.42% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Grand Prix International PCL and its competitors. This is 587% above median its historical median of 12.28. Over the past decade, Grand Prix International PCL's Return-on-Tangible-Equity has ranged from 4.27 to 35.45. According to the industry distribution chart, Grand Prix International PCL ranks #296 out of 863 companies in the Media - Diversified industry, placing it in the top 34.3%.
Is Grand Prix International PCL's Return-on-Tangible-Equity too high?
Grand Prix International PCL's current Return-on-Tangible-Equity of 84.42% is 587% above median its 10-year median of 12.28. Over the past 10 years, this metric has ranged from a low of 4.27 to a high of 35.45. The Media - Diversified industry median Return-on-Tangible-Equity is 5.46. Grand Prix International PCL's value of 84.42% is 1446.2% above this industry median. Based on the distribution chart, Grand Prix International PCL ranks #296 out of 863 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Grand Prix International PCL has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grand Prix International PCL's Return-on-Tangible-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Grand Prix International PCL ranks #296 out of 863 companies for Return-on-Tangible-Equity. This puts Grand Prix International PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.46. Grand Prix International PCL's value of 84.42% is 1446.2% above this benchmark. Historically, Grand Prix International PCL's own Return-on-Tangible-Equity has ranged from 4.27 to 35.45 over the past decade. While the company's 10-year median is 12.28 vs. the industry median of 5.46, Grand Prix International 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-Equity for a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.46, based on 863 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grand Prix International PCL's current Return-on-Tangible-Equity of 84.42% is 1446.2% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Grand Prix International PCL and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Prix International PCL's current Return-on-Tangible-Equity is 84.42%, which is 587% above median its own 10-year median of 12.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Prix International PCL stock overvalued right now?
Based on GuruFocus' analysis, Grand Prix International PCL (BKK:GPI) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.99, compared to a current price of ฿1.77 — trading 11.1% below its estimated fair value. The current Return-on-Tangible-Equity is 84.42%, which is 587% above median its 10-year median of 12.28 and 1446.2% above the Media - Diversified industry median of 5.46. Grand Prix International PCL's overall GF Score™ is 93/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Grand Prix International PCL (BKK:GPI), the current Return-on-Tangible-Equity is 84.42% 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 Grand Prix International PCL (BKK:GPI) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Prix International PCL stock appears to be undervalued.
The current stock price of ฿1.77 is trading 11.1% below its estimated GF Value™ of ฿1.99.
GuruFocus considers Grand Prix International PCL to be Modestly Undervalued.
Key valuation signals for BKK:GPI:
Return-on-Tangible-Equity: 84.42% (587% above median its 10-year median of 12.28)
GF Value™: ฿1.99 vs. price of ฿1.77 (11.1% below fair value)
Industry Position: 1446.2% above the Media - Diversified median (#296 of 863)
No single metric tells the full story. See the BKK:GPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Prix International PCL is engaged in providing space for motor shows, exhibitions, and automotive-related products and marketing promotion services, Advertising media in printing, television, and website, Production and distribution of books, Printing services, and Others. The business operation of the company is divided into segments, namely Activities Services, Media & Publishing, Printing Services, and the Other segment. The company derives a majority of its revenue from the Activities Services segment.
93GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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