Power Line Engineering PCLBKK:PLE Return-on-Tangible-Equity is 0.38% as of Mar. 2026, which is 91% below its 10-year median of 4.13. The stock has 7 warning signs investors should review. Among 1,703 Construction companies, Power Line Engineering PCL ranks worse than 75.28% 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. Power Line Engineering PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿6 Mil. Power Line Engineering PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿1,644 Mil. Therefore, Power Line Engineering PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.38%.
The historical rank and industry rank for Power Line Engineering PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:PLE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -47.79 Med: 4.13 Max: 102.72
Current: 0.69
During the past 13 years, Power Line Engineering PCL's highest Return-on-Tangible-Equity was 102.72%. The lowest was -47.79%. And the median was 4.13%.
BKK:PLE's Return-on-Tangible-Equity is ranked worse than 75.28% of 1703
companies
in the Construction industry
Industry Median: 8.23
vs BKK:PLE: 0.69
Power Line Engineering PCL (BKK:PLE) 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.
Power Line Engineering PCL Return-on-Tangible-Equity Related Terms
Power Line Engineering 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.
Power Line Engineering PCL Return-on-Tangible-Equity Chart
BKK:PLE vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Power Line Engineering 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.
Power Line Engineering PCL Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Power Line Engineering PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Power Line Engineering 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 0.38% mean?
Power Line Engineering PCL (BKK:PLE) has a Return-on-Tangible-Equity of 0.38% 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 Power Line Engineering PCL and its competitors. This is 91% below median its historical median of 4.13. According to the industry distribution chart, Power Line Engineering PCL ranks #1282 out of 1703 companies in the Construction industry, placing it in the top 75.3%.
Is Power Line Engineering PCL's Return-on-Tangible-Equity too high?
Power Line Engineering PCL's current Return-on-Tangible-Equity of 0.38% is 91% below median its 10-year median of 4.13. The Construction industry median Return-on-Tangible-Equity is 8.23. Power Line Engineering PCL's value of 0.38% is 95.4% below this industry median. Based on the distribution chart, Power Line Engineering PCL ranks #1282 out of 1703 companies in the Construction industry, which is in the bottom quartile relative to peers.
How does Power Line Engineering PCL's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Power Line Engineering PCL ranks #1282 out of 1703 companies for Return-on-Tangible-Equity. This places Power Line Engineering PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.23. Power Line Engineering PCL's value of 0.38% is 95.4% below this benchmark. While the company's 10-year median is 4.13 vs. the industry median of 8.23, Power Line Engineering PCL has consistently been below 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.23, based on 1,703 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. Power Line Engineering PCL's current Return-on-Tangible-Equity of 0.38% is 95.4% below 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 Power Line Engineering PCL and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Line Engineering PCL's current Return-on-Tangible-Equity is 0.38%, which is 91% below median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Line Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Power Line Engineering PCL (BKK:PLE) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.09 — trading 35.7% below its estimated fair value. The current Return-on-Tangible-Equity is 0.38%, which is 91% below median its 10-year median of 4.13 and 95.4% below the Construction industry median of 8.23. 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 Power Line Engineering PCL (BKK:PLE), the current Return-on-Tangible-Equity is 0.38% 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.
Power Line Engineering PCL is a Thailand-based company engaged in the business of system installation of electrical, air condition, sanitary and fire protection, civil construction, and real estate. The operations of the company principally involve construction contracting and property development, and are mostly carried out in a single geographic area of Thailand.
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