Praram 9 Hospital PCLBKK:PR9 +0.57%89 Return-on-Tangible-Equity is 12.62% as of Mar. 2026, which is 4% above its 10-year median of 12.19. GuruFocus rates BKK:PR9 with a GF Score™ of 89/100 and a GF Value™ of ฿23.61 (Modestly Undervalued). Among 580 Healthcare Providers & Services companies, Praram 9 Hospital PCL ranks better than 59.14% 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. Praram 9 Hospital PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿738 Mil. Praram 9 Hospital PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿5,849 Mil. Therefore, Praram 9 Hospital PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 12.62%.
The historical rank and industry rank for Praram 9 Hospital PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:PR9'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.07 Med: 12.19 Max: 15.48
Current: 14.16
During the past 12 years, Praram 9 Hospital PCL's highest Return-on-Tangible-Equity was 15.48%. The lowest was 5.07%. And the median was 12.19%.
BKK:PR9's Return-on-Tangible-Equity is ranked better than 59.14% of 580
companies
in the Healthcare Providers & Services industry
Industry Median: 10.065
vs BKK:PR9: 14.16
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.
Praram 9 Hospital PCL Return-on-Tangible-Equity Related Terms
Praram 9 Hospital PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Praram 9 Hospital 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:PR9 vs HCA, THC, DVA: Return-on-Tangible-Equity Comparison
For the Medical Care Facilities subindustry, Praram 9 Hospital 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.
Praram 9 Hospital PCL Return-on-Tangible-Equity vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Praram 9 Hospital PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Praram 9 Hospital 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 12.62% mean?
Praram 9 Hospital PCL (BKK:PR9) has a Return-on-Tangible-Equity of 12.62% 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 Praram 9 Hospital PCL and its competitors. This is near median its historical median of 12.19. Over the past decade, Praram 9 Hospital PCL's Return-on-Tangible-Equity has ranged from 5.07 to 15.48. According to the industry distribution chart, Praram 9 Hospital PCL ranks #237 out of 580 companies in the Healthcare Providers & Services industry, placing it in the top 40.9%.
Is Praram 9 Hospital PCL's Return-on-Tangible-Equity too high?
Praram 9 Hospital PCL's current Return-on-Tangible-Equity of 12.62% is near median its 10-year median of 12.19. Over the past 10 years, this metric has ranged from a low of 5.07 to a high of 15.48. The Healthcare Providers & Services industry median Return-on-Tangible-Equity is 10.07. Praram 9 Hospital PCL's value of 12.62% is 25.4% above this industry median. Based on the distribution chart, Praram 9 Hospital PCL ranks #237 out of 580 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Praram 9 Hospital PCL has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Praram 9 Hospital PCL's Return-on-Tangible-Equity compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Praram 9 Hospital PCL ranks #237 out of 580 companies for Return-on-Tangible-Equity. This puts Praram 9 Hospital PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.07. Praram 9 Hospital PCL's value of 12.62% is 25.4% above this benchmark. Historically, Praram 9 Hospital PCL's own Return-on-Tangible-Equity has ranged from 5.07 to 15.48 over the past decade. While the company's 10-year median is 12.19 vs. the industry median of 10.07, Praram 9 Hospital 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Equity among Healthcare Providers & Services companies is 10.07, based on 580 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. Praram 9 Hospital PCL's current Return-on-Tangible-Equity of 12.62% is 25.4% 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 Praram 9 Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Equity is 10.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praram 9 Hospital PCL's current Return-on-Tangible-Equity is 12.62%, which is near median its own 10-year median of 12.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Praram 9 Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Praram 9 Hospital PCL (BKK:PR9) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿23.61, compared to a current price of ฿17.60 — trading 25.5% below its estimated fair value. The current Return-on-Tangible-Equity is 12.62%, which is near median its 10-year median of 12.19 and 25.4% above the Healthcare Providers & Services industry median of 10.07. Praram 9 Hospital PCL's overall GF Score™ is 89/100. 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 Praram 9 Hospital PCL (BKK:PR9), the current Return-on-Tangible-Equity is 12.62% 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 Praram 9 Hospital PCL (BKK:PR9) Overvalued in 2026?
Based on GuruFocus' analysis, Praram 9 Hospital PCL stock appears to be undervalued.
The current stock price of ฿17.60 is trading 25.5% below its estimated GF Value™ of ฿23.61.
GuruFocus considers Praram 9 Hospital PCL to be Modestly Undervalued.
Key valuation signals for BKK:PR9:
Return-on-Tangible-Equity: 12.62% (near median its 10-year median of 12.19)
GF Value™: ฿23.61 vs. price of ฿17.60 (25.5% below fair value)
Industry Position: 25.4% above the Healthcare Providers & Services median (#237 of 580)
No single metric tells the full story. See the BKK:PR9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Praram 9 Hospital PCL is engaged in hospital operations in Bangkok. The company operates an overnight general hospital under the name of Praram 9 Hospital. The revenue derived from hospital operations mainly consists of medical fees, hospital room sales, and medicine sales. Geographically, the company operates only in Thailand.
89GF Score
Get the complete analysis for BKK:PR9
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:PR9 has been successfully added to your 
