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Siamgas And Petrochemicals PCLBKK:SGP -1.85%62 Return-on-Tangible-Equity is 44.55% as of Mar. 2026, which is 273% above its 10-year median of 11.95. GuruFocus rates BKK:SGP with a GF Score™ of 62/100 and a GF Value™ of ฿6.32 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 942 Oil & Gas companies, Siamgas And Petrochemicals PCL ranks better than 60.51% 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. Siamgas And Petrochemicals PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿6,122 Mil. Siamgas And Petrochemicals PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿13,743 Mil. Therefore, Siamgas And Petrochemicals PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 44.55%.
The historical rank and industry rank for Siamgas And Petrochemicals PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:SGP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.06 Med: 11.95 Max: 32.72
Current: 10.66
During the past 13 years, Siamgas And Petrochemicals PCL's highest Return-on-Tangible-Equity was 32.72%. The lowest was 0.06%. And the median was 11.95%.
BKK:SGP's Return-on-Tangible-Equity is ranked better than 60.51% of 942
companies
in the Oil & Gas industry
Industry Median: 6.77
vs BKK:SGP: 10.66
Siamgas And Petrochemicals PCL (BKK:SGP) 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.
Siamgas And Petrochemicals PCL Return-on-Tangible-Equity Related Terms
Siamgas And Petrochemicals 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.
Siamgas And Petrochemicals PCL Return-on-Tangible-Equity Chart
BKK:SGP vs VLO, MPC, PSX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Siamgas And Petrochemicals 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.
Siamgas And Petrochemicals PCL Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Siamgas And Petrochemicals PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Siamgas And Petrochemicals 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 44.55% mean?
Siamgas And Petrochemicals PCL (BKK:SGP) has a Return-on-Tangible-Equity of 44.55% 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 Siamgas And Petrochemicals PCL and its competitors. This is 273% above median its historical median of 11.95. Over the past decade, Siamgas And Petrochemicals PCL's Return-on-Tangible-Equity has ranged from 0.06 to 32.72. According to the industry distribution chart, Siamgas And Petrochemicals PCL ranks #372 out of 942 companies in the Oil & Gas industry, placing it in the top 39.5%.
Is Siamgas And Petrochemicals PCL's Return-on-Tangible-Equity too high?
Siamgas And Petrochemicals PCL's current Return-on-Tangible-Equity of 44.55% is 273% above median its 10-year median of 11.95. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 32.72. The Oil & Gas industry median Return-on-Tangible-Equity is 6.77. Siamgas And Petrochemicals PCL's value of 44.55% is 558.1% above this industry median. Based on the distribution chart, Siamgas And Petrochemicals PCL ranks #372 out of 942 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Siamgas And Petrochemicals PCL has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siamgas And Petrochemicals PCL's Return-on-Tangible-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Siamgas And Petrochemicals PCL ranks #372 out of 942 companies for Return-on-Tangible-Equity. This puts Siamgas And Petrochemicals PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.77. Siamgas And Petrochemicals PCL's value of 44.55% is 558.1% above this benchmark. Historically, Siamgas And Petrochemicals PCL's own Return-on-Tangible-Equity has ranged from 0.06 to 32.72 over the past decade. While the company's 10-year median is 11.95 vs. the industry median of 6.77, Siamgas And Petrochemicals 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.77, based on 942 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. Siamgas And Petrochemicals PCL's current Return-on-Tangible-Equity of 44.55% is 558.1% 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 Siamgas And Petrochemicals PCL and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamgas And Petrochemicals PCL's current Return-on-Tangible-Equity is 44.55%, which is 273% above median its own 10-year median of 11.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamgas And Petrochemicals PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamgas And Petrochemicals PCL (BKK:SGP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.32, compared to a current price of ฿7.95 — trading 25.8% above its estimated fair value. The current Return-on-Tangible-Equity is 44.55%, which is 273% above median its 10-year median of 11.95 and 558.1% above the Oil & Gas industry median of 6.77. Siamgas And Petrochemicals PCL's overall GF Score™ is 62/100 with 7 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 Siamgas And Petrochemicals PCL (BKK:SGP), the current Return-on-Tangible-Equity is 44.55% 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 Siamgas And Petrochemicals PCL (BKK:SGP) Overvalued in 2026?
Based on GuruFocus' analysis, Siamgas And Petrochemicals PCL stock appears to be overvalued.
The current stock price of ฿7.95 is trading 25.8% above its estimated GF Value™ of ฿6.32.
GuruFocus considers Siamgas And Petrochemicals PCL to be Modestly Overvalued.
Key valuation signals for BKK:SGP:
Return-on-Tangible-Equity: 44.55% (273% above median its 10-year median of 11.95)
GF Value™: ฿6.32 vs. price of ฿7.95 (25.8% above fair value)
Industry Position: 558.1% above the Oil & Gas median (#372 of 942)
No single metric tells the full story. See the BKK:SGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siamgas And Petrochemicals PCL Business Description
Siamgas And Petrochemicals PCL is engaged in trading petroleum and petrochemicals, transportation services by land and ship and oil depots, and port services. Its segments include Petroleum & petrochemical products, which is engaged in trading of petroleum for household cooking, industry & transportation businesses, and petrochemical trading; Transportation services, which provides transportation services by land & ship; and Others segment, which is into Cylinder manufacturing, holding business and oil depots & port services. Its operations are carried out in Thailand, and Overseas. The company generates the majority of its revenue from the overseas market.
62GF Score
Get the complete analysis for BKK:SGP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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