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Dhipaya Group Holdings PCLBKK:TIPH-R +0.11%82 Return-on-Tangible-Equity is 12.26% as of Jun. 2026, which is 39% below its 10-year median of 20.10. GuruFocus rates BKK:TIPH-R with a GF Score™ of 82/100 and a GF Value™ of ฿22.84 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 491 Insurance companies, Dhipaya Group Holdings PCL ranks worse than 55.19% 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. Dhipaya Group Holdings PCL's annualized net income for the quarter that ended in Jun. 2026 was ฿1,171 Mil. Dhipaya Group Holdings PCL's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ฿9,553 Mil. Therefore, Dhipaya Group Holdings PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 12.26%.
The historical rank and industry rank for Dhipaya Group Holdings PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:TIPH-R'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.05 Med: 20.1 Max: 24.63
Current: 12.65
During the past 6 years, Dhipaya Group Holdings PCL's highest Return-on-Tangible-Equity was 24.63%. The lowest was 12.05%. And the median was 20.10%.
BKK:TIPH-R's Return-on-Tangible-Equity is ranked worse than 55.19% of 491
companies
in the Insurance industry
Industry Median: 13.87
vs BKK:TIPH-R: 12.65
Dhipaya Group Holdings PCL (BKK:TIPH-R) 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.
Dhipaya Group Holdings PCL Return-on-Tangible-Equity Related Terms
Dhipaya Group Holdings 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.
Dhipaya Group Holdings PCL Return-on-Tangible-Equity Chart
BKK:TIPH-R vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison
For the Insurance - Diversified subindustry, Dhipaya Group Holdings 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.
Dhipaya Group Holdings PCL Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Dhipaya Group Holdings PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dhipaya Group Holdings 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 12.26% mean?
Dhipaya Group Holdings PCL (BKK:TIPH-R) has a Return-on-Tangible-Equity of 12.26% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dhipaya Group Holdings PCL and its competitors. This is 39% below median its historical median of 20.10. Over the past decade, Dhipaya Group Holdings PCL's Return-on-Tangible-Equity has ranged from 12.05 to 24.63. According to the industry distribution chart, Dhipaya Group Holdings PCL ranks #271 out of 491 companies in the Insurance industry, placing it in the top 55.2%.
Is Dhipaya Group Holdings PCL's Return-on-Tangible-Equity too high?
Dhipaya Group Holdings PCL's current Return-on-Tangible-Equity of 12.26% is 39% below median its 10-year median of 20.10. Over the past 10 years, this metric has ranged from a low of 12.05 to a high of 24.63. The Insurance industry median Return-on-Tangible-Equity is 13.87. Dhipaya Group Holdings PCL's value of 12.26% is 11.6% below this industry median. Based on the distribution chart, Dhipaya Group Holdings PCL ranks #271 out of 491 companies in the Insurance industry, which is below the industry midpoint. Overall, Dhipaya Group Holdings PCL has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dhipaya Group Holdings PCL's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Dhipaya Group Holdings PCL ranks #271 out of 491 companies for Return-on-Tangible-Equity. This places Dhipaya Group Holdings PCL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.87. Dhipaya Group Holdings PCL's value of 12.26% is 11.6% below this benchmark. Historically, Dhipaya Group Holdings PCL's own Return-on-Tangible-Equity has ranged from 12.05 to 24.63 over the past decade. While the company's 10-year median is 20.10 vs. the industry median of 13.87, Dhipaya Group Holdings 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.87, based on 491 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. Dhipaya Group Holdings PCL's current Return-on-Tangible-Equity of 12.26% is 11.6% 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 Dhipaya Group Holdings PCL and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhipaya Group Holdings PCL's current Return-on-Tangible-Equity is 12.26%, which is 39% below median its own 10-year median of 20.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhipaya Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Dhipaya Group Holdings PCL (BKK:TIPH-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿22.84, compared to a current price of ฿25.74 — trading 12.7% above its estimated fair value. The current Return-on-Tangible-Equity is 12.26%, which is 39% below median its 10-year median of 20.10 and 11.6% below the Insurance industry median of 13.87. Dhipaya Group Holdings PCL's overall GF Score™ is 82/100 with 8 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 Dhipaya Group Holdings PCL (BKK:TIPH-R), the current Return-on-Tangible-Equity is 12.26% as of Jun. 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 Dhipaya Group Holdings PCL (BKK:TIPH-R) Overvalued in 2026?
Based on GuruFocus' analysis, Dhipaya Group Holdings PCL stock appears to be overvalued.
The current stock price of ฿25.74 is trading 12.7% above its estimated GF Value™ of ฿22.84.
GuruFocus considers Dhipaya Group Holdings PCL to be Modestly Overvalued.
Key valuation signals for BKK:TIPH-R:
Return-on-Tangible-Equity: 12.26% (39% below median its 10-year median of 20.10)
GF Value™: ฿22.84 vs. price of ฿25.74 (12.7% above fair value)
Industry Position: 11.6% below the Insurance median (#271 of 491)
No single metric tells the full story. See the BKK:TIPH-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dhipaya Group Holdings PCL engaged in the business of holding investments in other companies. The company's operations are organized into three business segments: non-life insurance, investment, and insurance-supported business. It generates the majority of its revenue from the non-life insurance segment.
82GF Score
Get the complete analysis for BKK:TIPH-R
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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