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. Project Planning Service PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿-6.1 Mil. Project Planning Service PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿290.2 Mil. Therefore, Project Planning Service PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -2.11%.
The historical rank and industry rank for Project Planning Service PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:PPS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.05 Med: 2.36 Max: 20.4
Current: -1.14
During the past 13 years, Project Planning Service PCL's highest Return-on-Tangible-Equity was 20.40%. The lowest was -9.05%. And the median was 2.36%.
BKK:PPS's Return-on-Tangible-Equity is ranked worse than 78.99% of 1709
companies
in the Construction industry
Industry Median: 8.21
vs BKK:PPS: -1.14
Project Planning Service PCL (BKK:PPS) 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.
Project Planning Service PCL Return-on-Tangible-Equity Related Terms
Project Planning Service 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.
Project Planning Service PCL Return-on-Tangible-Equity Chart
BKK:PPS vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Project Planning Service 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.
Project Planning Service PCL Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Project Planning Service PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Project Planning Service 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 -2.11% mean?
Project Planning Service PCL (BKK:PPS) has a Return-on-Tangible-Equity of -2.11% 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 Project Planning Service PCL and its competitors. According to the industry distribution chart, Project Planning Service PCL ranks #1350 out of 1709 companies in the Construction industry, placing it in the top 79%.
Is Project Planning Service PCL's Return-on-Tangible-Equity too high?
Project Planning Service PCL's current Return-on-Tangible-Equity is -2.11%. Based on the distribution chart, Project Planning Service PCL ranks #1350 out of 1709 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Project Planning Service PCL has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Project Planning Service PCL's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Project Planning Service PCL ranks #1350 out of 1709 companies for Return-on-Tangible-Equity. This places Project Planning Service PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.21. 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 8.21, based on 1,709 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. 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 Project Planning Service PCL and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Project Planning Service PCL's current Return-on-Tangible-Equity is -2.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Project Planning Service PCL stock overvalued right now?
Based on GuruFocus' analysis, Project Planning Service PCL (BKK:PPS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.25, compared to a current price of ฿0.18 — trading 28% below its estimated fair value. The current Return-on-Tangible-Equity is -2.11%. Project Planning Service PCL's overall GF Score™ is 42/100 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 Project Planning Service PCL (BKK:PPS), the current Return-on-Tangible-Equity is -2.11% 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 Project Planning Service PCL (BKK:PPS) Overvalued in 2026?
Based on GuruFocus' analysis, Project Planning Service PCL stock appears to be undervalued.
The current stock price of ฿0.18 is trading 28% below its estimated GF Value™ of ฿0.25.
GuruFocus considers Project Planning Service PCL to be Modestly Undervalued.
Key valuation signals for BKK:PPS:
Return-on-Tangible-Equity: -2.11%
GF Value™: ฿0.25 vs. price of ฿0.18 (28% below fair value)
No single metric tells the full story. See the BKK:PPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Project Planning Service PCL is engaged in the business of engineering consultation services, construction project consultation and management, and utility system construction projects. It offers services such as design management, engineering design, project feasibility study, construction management, architectural design, project planning, and engineering procurement and construction services, among others. The group also engaged in operations involving virtually in the business of engineering advisory and project design. The group operates in Thailand and overseas, of which the majority of revenue is in Thailand.
42GF Score
Get the complete analysis for BKK:PPS
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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