TQM Alpha PCL (BKK:TQM) ROE % Adjusted to Book Value: 10.48% (As of Mar. 2026)

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BKK:TQM TQM Alpha PCL BKK:TQM
90 GF Score
Price ฿16.60
GF Value ฿24.36
Valuation Significantly Undervalued
! 11 Warning Signs
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What is TQM Alpha PCL ROE % Adjusted to Book Value?

TQM Alpha PCL BKK:TQM -1.78% 90 ROE % Adjusted to Book Value is 10.48% as of Mar. 2026. GuruFocus rates BKK:TQM with a GF Score™ of 90/100 and a GF Value™ of ฿24.36 (Significantly Undervalued). The stock has 11 warning signs investors should review.

TQM Alpha PCL's ROE % for the quarter that ended in Mar. 2026 was 24.84%. TQM Alpha PCL's PB Ratio for the quarter that ended in Mar. 2026 was 2.37. TQM Alpha PCL's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 10.48%.


TQM Alpha PCL ROE % Adjusted to Book Value Related Terms


TQM Alpha PCL ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for TQM Alpha PCL's ROE % Adjusted to Book Value 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.

TQM Alpha PCL ROE % Adjusted to Book Value Chart

TQM Alpha PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.23 3.39 4.86 5.46 10.83

TQM Alpha PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 10.48 7.26 7.79 11.09 10.48

BKK:TQM vs MRSH, AON, AJG: ROE % Adjusted to Book Value Comparison

For the Insurance Brokers subindustry, TQM Alpha PCL's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


TQM Alpha PCL ROE % Adjusted to Book Value vs Insurance Industry

For the Insurance industry and Financial Services sector, TQM Alpha PCL's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where TQM Alpha PCL's ROE % Adjusted to Book Value falls into.


BKK:TQM
90GF Score
TQM Alpha PCL BKK:TQM
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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TQM Alpha PCL ROE % Adjusted to Book Value Calculation

TQM Alpha PCL's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=25.45% / 2.35
=10.83%

TQM Alpha PCL's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=24.84% / 2.37
=10.48%

* 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.

What does a ROE % Adjusted to Book Value of 10.48% mean?
TQM Alpha PCL (BKK:TQM) has a ROE % Adjusted to Book Value of 10.48% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on TQM Alpha PCL and its competitors.
Is TQM Alpha PCL's ROE % Adjusted to Book Value too high?
TQM Alpha PCL's current ROE % Adjusted to Book Value is 10.48%. Overall, TQM Alpha PCL has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TQM Alpha PCL's ROE % Adjusted to Book Value compare to MRSH and AON?
TQM Alpha PCL's ROE % Adjusted to Book Value of 10.48% can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Insurance company?
A good ROE % Adjusted to Book Value depends on the Insurance industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on TQM Alpha PCL and its competitors. TQM Alpha PCL's current ROE % Adjusted to Book Value is 10.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TQM Alpha PCL stock overvalued right now?
Based on GuruFocus' analysis, TQM Alpha PCL (BKK:TQM) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿24.36, compared to a current price of ฿16.60 — trading 31.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 10.48%. TQM Alpha PCL's overall GF Score™ is 90/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For TQM Alpha PCL (BKK:TQM), the current ROE % Adjusted to Book Value is 10.48% 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 TQM Alpha PCL (BKK:TQM) Overvalued in 2026?

Based on GuruFocus' analysis, TQM Alpha PCL stock appears to be undervalued. The current stock price of ฿16.60 is trading 31.9% below its estimated GF Value™ of ฿24.36. GuruFocus considers TQM Alpha PCL to be Significantly Undervalued.

Key valuation signals for BKK:TQM:

  • ROE % Adjusted to Book Value: 10.48%
  • GF Value™: ฿24.36 vs. price of ฿16.60 (31.9% below fair value)
  • GF Score™: 90/100 with 11 warning signs

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


TQM Alpha PCL Business Description

Address No. 123, Ladplakao Road, Chorakhe Bua, Lat Phrao District, Bangkok, THA, 10230
TQM Alpha PCL is engaged in investment in companies that are focused on non-life insurance brokers, life insurance brokers, reinsurance brokers, personal loans, and the provision of services as a manager, caregiver, collect benefits, and property management for related parties. It also provides procurement and consulting services for computer software and hardware.
90GF Score

Get the complete analysis for BKK:TQM

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿16.60
Price
฿24.36
GF Value