Ramkhamhaeng Hospital PCL (BKK:RAM) Return-on-Tangible-Equity: 6.45% (As of Mar. 2026) — 48% Below Median

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BKK:RAM Ramkhamhaeng Hospital PCL BKK:RAM
77 GF Score
Price ฿17.90
GF Value ฿45.41
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ramkhamhaeng Hospital PCL Return-on-Tangible-Equity?

Ramkhamhaeng Hospital PCL BKK:RAM -0.56% 77 Return-on-Tangible-Equity is 6.45% as of Mar. 2026, which is 48% below its 10-year median of 12.48. GuruFocus rates BKK:RAM with a GF Score™ of 77/100 and a GF Value™ of ฿45.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 581 Healthcare Providers & Services companies, Ramkhamhaeng Hospital PCL ranks better than 62.99% 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. Ramkhamhaeng Hospital PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿981 Mil. Ramkhamhaeng Hospital PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿15,211 Mil. Therefore, Ramkhamhaeng Hospital PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.45%.

The historical rank and industry rank for Ramkhamhaeng Hospital PCL's Return-on-Tangible-Equity or its related term are showing as below:

BKK:RAM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.06   Med: 12.48   Max: 28.14
Current: 16.77

During the past 13 years, Ramkhamhaeng Hospital PCL's highest Return-on-Tangible-Equity was 28.14%. The lowest was 4.06%. And the median was 12.48%.

BKK:RAM's Return-on-Tangible-Equity is ranked better than
62.99% of 581 companies
in the Healthcare Providers & Services industry
Industry Median: 10.13 vs BKK:RAM: 16.77

Ramkhamhaeng Hospital PCL  (BKK:RAM) 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.


Ramkhamhaeng Hospital PCL Return-on-Tangible-Equity Related Terms


Ramkhamhaeng Hospital PCL Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Ramkhamhaeng 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.

Ramkhamhaeng Hospital PCL Return-on-Tangible-Equity Chart

Ramkhamhaeng Hospital PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.14 12.06 8.45 4.06 17.00

Ramkhamhaeng Hospital PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.69 6.02 6.79 52.03 6.45

BKK:RAM vs HCA, THC, DVA: Return-on-Tangible-Equity Comparison

For the Medical Care Facilities subindustry, Ramkhamhaeng 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.


Ramkhamhaeng Hospital PCL Return-on-Tangible-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ramkhamhaeng Hospital PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ramkhamhaeng Hospital PCL's Return-on-Tangible-Equity falls into.


BKK:RAM
77GF Score
Ramkhamhaeng Hospital PCL BKK:RAM
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramkhamhaeng Hospital PCL Return-on-Tangible-Equity Calculation

Ramkhamhaeng Hospital PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2797.814/( (17909.077+15005.151 )/ 2 )
=2797.814/16457.114
=17.00 %

Ramkhamhaeng Hospital PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=980.792/( (15005.151+15416.293)/ 2 )
=980.792/15210.722
=6.45 %

* 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 6.45% mean?
Ramkhamhaeng Hospital PCL (BKK:RAM) has a Return-on-Tangible-Equity of 6.45% 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 Ramkhamhaeng Hospital PCL and its competitors. This is 48% below median its historical median of 12.48. Over the past decade, Ramkhamhaeng Hospital PCL's Return-on-Tangible-Equity has ranged from 4.06 to 28.14. According to the industry distribution chart, Ramkhamhaeng Hospital PCL ranks #215 out of 581 companies in the Healthcare Providers & Services industry, placing it in the top 37%.
Is Ramkhamhaeng Hospital PCL's Return-on-Tangible-Equity too high?
Ramkhamhaeng Hospital PCL's current Return-on-Tangible-Equity of 6.45% is 48% below median its 10-year median of 12.48. Over the past 10 years, this metric has ranged from a low of 4.06 to a high of 28.14. The Healthcare Providers & Services industry median Return-on-Tangible-Equity is 10.13. Ramkhamhaeng Hospital PCL's value of 6.45% is 36.3% below this industry median. Based on the distribution chart, Ramkhamhaeng Hospital PCL ranks #215 out of 581 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Ramkhamhaeng Hospital PCL has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ramkhamhaeng Hospital PCL's Return-on-Tangible-Equity compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Ramkhamhaeng Hospital PCL ranks #215 out of 581 companies for Return-on-Tangible-Equity. This puts Ramkhamhaeng Hospital PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.13. Ramkhamhaeng Hospital PCL's value of 6.45% is 36.3% below this benchmark. Historically, Ramkhamhaeng Hospital PCL's own Return-on-Tangible-Equity has ranged from 4.06 to 28.14 over the past decade. While the company's 10-year median is 12.48 vs. the industry median of 10.13, Ramkhamhaeng Hospital 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 Healthcare Providers & Services company?
The median Return-on-Tangible-Equity among Healthcare Providers & Services companies is 10.13, based on 581 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. Ramkhamhaeng Hospital PCL's current Return-on-Tangible-Equity of 6.45% is 36.3% 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 Ramkhamhaeng Hospital PCL and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Equity is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramkhamhaeng Hospital PCL's current Return-on-Tangible-Equity is 6.45%, which is 48% below median its own 10-year median of 12.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkhamhaeng Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Ramkhamhaeng Hospital PCL (BKK:RAM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿45.41, compared to a current price of ฿17.90 — trading 60.6% below its estimated fair value. The current Return-on-Tangible-Equity is 6.45%, which is 48% below median its 10-year median of 12.48 and 36.3% below the Healthcare Providers & Services industry median of 10.13. Ramkhamhaeng Hospital PCL's overall GF Score™ is 77/100 with 6 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 Ramkhamhaeng Hospital PCL (BKK:RAM), the current Return-on-Tangible-Equity is 6.45% 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 Ramkhamhaeng Hospital PCL (BKK:RAM) Overvalued in 2026?

Based on GuruFocus' analysis, Ramkhamhaeng Hospital PCL stock appears to be undervalued. The current stock price of ฿17.90 is trading 60.6% below its estimated GF Value™ of ฿45.41. GuruFocus considers Ramkhamhaeng Hospital PCL to be Possible Value Trap.

Key valuation signals for BKK:RAM:

  • Return-on-Tangible-Equity: 6.45% (48% below median its 10-year median of 12.48)
  • GF Value™: ฿45.41 vs. price of ฿17.90 (60.6% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 36.3% below the Healthcare Providers & Services median (#215 of 581)

No single metric tells the full story. See the BKK:RAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ramkhamhaeng Hospital PCL Business Description

Address 436 Ramkhamhaeng Road, Kwaeng Huamark, Khet Bangkapi, Bangkok, THA, 10240
Ramkhamhaeng Hospital PCL business activities are hospital and businesses that support medical care. The company provides medical treatment for all types of diseases by physicians and medical professionals in all specialties. Its medical services include the 24-hour Heart Center, RAM Pituitary Center for laparoscopic surgery for pituitary tumors, Neurology & Neurosurgery Center, and specialized medical centers such as Eye Clinic, Ear, Nose and Throat Clinic, Gastroenterology Clinic, Obstetrics and Gynecology Clinic, and Diabetes Clinic. The company operates through two segments: Hospital, which includes General Hospital and Hospital in Social Security and generates the maximum revenue; and Others, which includes sale of medical equipment and instruments. Its operations are in Thailand.
77GF Score

Get the complete analysis for BKK:RAM

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿17.90
Price
฿45.41
GF Value