Thai Solar Energy PCL (BKK:TSE) ROE % Adjusted to Book Value: 14.06% (As of Mar. 2026)


BKK:TSE Thai Solar Energy PCL BKK:TSE
42 GF Score
Price ฿0.79
GF Value ฿0.89
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Thai Solar Energy PCL ROE % Adjusted to Book Value?

Thai Solar Energy PCL BKK:TSE -1.25% 42 ROE % Adjusted to Book Value is 14.06% as of Mar. 2026. GuruFocus rates BKK:TSE with a GF Score™ of 42/100 and a GF Value™ of ฿0.89 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Thai Solar Energy PCL's ROE % for the quarter that ended in Mar. 2026 was 7.03%. Thai Solar Energy PCL's PB Ratio for the quarter that ended in Mar. 2026 was 0.50. Thai Solar Energy PCL's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 14.06%.


Thai Solar Energy PCL ROE % Adjusted to Book Value Related Terms


Thai Solar Energy PCL ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Thai Solar Energy 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.

Thai Solar Energy PCL ROE % Adjusted to Book Value Chart

Thai Solar Energy 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 9.23 14.70 -59.84 -23.70 4.70

Thai Solar Energy 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 35.17 7.08 8.25 -21.33 14.06

Thai Solar Energy PCL ROE % Adjusted to Book Value Competitor Comparison

For the Utilities - Renewable subindustry, Thai Solar Energy 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.


Thai Solar Energy PCL ROE % Adjusted to Book Value vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thai Solar Energy PCL's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Thai Solar Energy PCL's ROE % Adjusted to Book Value falls into.


BKK:TSE
42GF Score
Thai Solar Energy PCL BKK:TSE
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Solar Energy PCL ROE % Adjusted to Book Value Calculation

Thai Solar Energy 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
=1.55% / 0.33
=4.70%

Thai Solar Energy 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
=7.03% / 0.50
=14.06%

* 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 14.06% mean?
Thai Solar Energy PCL (BKK:TSE) has a ROE % Adjusted to Book Value of 14.06% 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 Thai Solar Energy PCL and its competitors.
Is Thai Solar Energy PCL's ROE % Adjusted to Book Value too high?
Thai Solar Energy PCL's current ROE % Adjusted to Book Value is 14.06%. Overall, Thai Solar Energy PCL has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Solar Energy PCL's ROE % Adjusted to Book Value compare to competitors?
Thai Solar Energy PCL's ROE % Adjusted to Book Value of 14.06% can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good ROE % Adjusted to Book Value depends on the Utilities - Independent Power Producers 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 Thai Solar Energy PCL and its competitors. Thai Solar Energy PCL's current ROE % Adjusted to Book Value is 14.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Solar Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Solar Energy PCL (BKK:TSE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.89, compared to a current price of ฿0.79 — trading 11.2% below its estimated fair value. The current ROE % Adjusted to Book Value is 14.06%. Thai Solar Energy PCL's overall GF Score™ is 42/100 with 5 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 Thai Solar Energy PCL (BKK:TSE), the current ROE % Adjusted to Book Value is 14.06% 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 Thai Solar Energy PCL (BKK:TSE) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Solar Energy PCL stock appears to be undervalued. The current stock price of ฿0.79 is trading 11.2% below its estimated GF Value™ of ฿0.89. GuruFocus considers Thai Solar Energy PCL to be Modestly Undervalued.

Key valuation signals for BKK:TSE:

  • ROE % Adjusted to Book Value: 14.06%
  • GF Value™: ฿0.89 vs. price of ฿0.79 (11.2% below fair value)
  • GF Score™: 42/100 with 5 warning signs

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


Thai Solar Energy PCL Business Description

Address Sukhumvit Road, 19th Floor, 725 S-Metro Building, Klongton Nua, Wattana, Bangkok, THA, 10110
Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.
42GF Score

Get the complete analysis for BKK:TSE

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

฿0.79
Price
฿0.89
GF Value