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Panjawattana Plastic PCLBKK:PJW +0.96%78 Return-on-Tangible-Equity is 8.71% as of Mar. 2026, which is 14% below its 10-year median of 10.17. GuruFocus rates BKK:PJW with a GF Score™ of 78/100 and a GF Value™ of ฿2.96 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 389 Packaging & Containers companies, Panjawattana Plastic PCL ranks better than 69.41% 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. Panjawattana Plastic PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿122 Mil. Panjawattana Plastic PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,398 Mil. Therefore, Panjawattana Plastic PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.71%.
The historical rank and industry rank for Panjawattana Plastic PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:PJW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.15 Med: 10.17 Max: 14.88
Current: 10.35
During the past 13 years, Panjawattana Plastic PCL's highest Return-on-Tangible-Equity was 14.88%. The lowest was -1.15%. And the median was 10.17%.
BKK:PJW's Return-on-Tangible-Equity is ranked better than 69.41% of 389
companies
in the Packaging & Containers industry
Industry Median: 5.8
vs BKK:PJW: 10.35
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.
Panjawattana Plastic PCL Return-on-Tangible-Equity Related Terms
Panjawattana Plastic PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Panjawattana Plastic PCL's Return-on-Tangible-Equity 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:PJW vs SW, PKG, IP: Return-on-Tangible-Equity Comparison
For the Packaging & Containers subindustry, Panjawattana Plastic 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.
Panjawattana Plastic PCL Return-on-Tangible-Equity vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Panjawattana Plastic PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Panjawattana Plastic 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 8.71% mean?
Panjawattana Plastic PCL (BKK:PJW) has a Return-on-Tangible-Equity of 8.71% 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 Panjawattana Plastic PCL and its competitors. This is 14% below median its historical median of 10.17. According to the industry distribution chart, Panjawattana Plastic PCL ranks #119 out of 389 companies in the Packaging & Containers industry, placing it in the top 30.6%.
Is Panjawattana Plastic PCL's Return-on-Tangible-Equity too high?
Panjawattana Plastic PCL's current Return-on-Tangible-Equity of 8.71% is 14% below median its 10-year median of 10.17. The Packaging & Containers industry median Return-on-Tangible-Equity is 5.80. Panjawattana Plastic PCL's value of 8.71% is 50.2% above this industry median. Based on the distribution chart, Panjawattana Plastic PCL ranks #119 out of 389 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Panjawattana Plastic PCL has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Panjawattana Plastic PCL's Return-on-Tangible-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Panjawattana Plastic PCL ranks #119 out of 389 companies for Return-on-Tangible-Equity. This puts Panjawattana Plastic PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.80. Panjawattana Plastic PCL's value of 8.71% is 50.2% above this benchmark. While the company's 10-year median is 10.17 vs. the industry median of 5.80, Panjawattana Plastic 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 Packaging & Containers company?
The median Return-on-Tangible-Equity among Packaging & Containers companies is 5.80, based on 389 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. Panjawattana Plastic PCL's current Return-on-Tangible-Equity of 8.71% is 50.2% 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 Panjawattana Plastic PCL and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Equity is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panjawattana Plastic PCL's current Return-on-Tangible-Equity is 8.71%, which is 14% below median its own 10-year median of 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panjawattana Plastic PCL stock overvalued right now?
Based on GuruFocus' analysis, Panjawattana Plastic PCL (BKK:PJW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.96, compared to a current price of ฿2.10 — trading 29.1% below its estimated fair value. The current Return-on-Tangible-Equity is 8.71%, which is 14% below median its 10-year median of 10.17 and 50.2% above the Packaging & Containers industry median of 5.80. Panjawattana Plastic PCL's overall GF Score™ is 78/100 with 4 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 Panjawattana Plastic PCL (BKK:PJW), the current Return-on-Tangible-Equity is 8.71% 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 Panjawattana Plastic PCL (BKK:PJW) Overvalued in 2026?
Based on GuruFocus' analysis, Panjawattana Plastic PCL stock appears to be undervalued.
The current stock price of ฿2.10 is trading 29.1% below its estimated GF Value™ of ฿2.96.
GuruFocus considers Panjawattana Plastic PCL to be Modestly Undervalued.
Key valuation signals for BKK:PJW:
Return-on-Tangible-Equity: 8.71% (14% below median its 10-year median of 10.17)
GF Value™: ฿2.96 vs. price of ฿2.10 (29.1% below fair value)
Industry Position: 50.2% above the Packaging & Containers median (#119 of 389)
No single metric tells the full story. See the BKK:PJW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panjawattana Plastic PCL is manufacturer and distributor of packaging for consumer product, Agro chemical, automotive parts and materials from plastic imitation. The company operates its business through the following segments, Samuthsakhon Plant, Chonburi Plant, Bangkok Plant, Jiangsu Plant, Tianjin Plant, Service, and the Business trading segment. It produces and supplies plastic containers and closures such as lubricant packaging, milk and yoghurt packaging, consumer goods packaging and chemicals liquid packaging, and plastic automotive parts of high quality and with custom designs according to clients' requirements for each of their specific brands.
78GF Score
Get the complete analysis for BKK:PJW
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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