True PCL (FRA:TAF0) ROE % Adjusted to Book Value: 6.40% (As of Mar. 2026)

True PCL FRA:TAF0 +2.00% 48 ROE % Adjusted to Book Value is 6.40% as of Mar. 2026. GuruFocus rates FRA:TAF0 with a GF Score™ of 48/100 and a GF Value™ of €0.25. The stock has 5 warning signs investors should review.

True PCL's ROE % for the quarter that ended in Mar. 2026 was 33.23%. True PCL's PB Ratio for the quarter that ended in Mar. 2026 was 5.19. True PCL's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 6.40%.

True PCL ROE % Adjusted to Book Value Related Terms

True PCL ROE % Adjusted to Book Value Historical Data

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The historical data trend for True 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.

True PCL ROE % Adjusted to Book Value Chart

True PCL Annual Data

Trend

Dec16

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Dec25

ROE % Adjusted to Book Value

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-0.90

-10.37

0.00

-3.04

2.74

True 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															1.86	2.45	2.03	4.73	6.40

FRA:TAF0 vs TMUS, VZ, T: ROE % Adjusted to Book Value Comparison

For the Telecom Services subindustry, True 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.

True PCL ROE % Adjusted to Book Value vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, True PCL's ROE % Adjusted to Book Value distribution charts can be found below:

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

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48GF Score

True Corp PCL FRA:TAF0

ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.

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True PCL ROE % Adjusted to Book Value Calculation

True 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
	=	12.17%	/	4.44
	=	2.74%

True 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
	=	33.23%	/	5.19
	=	6.40%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of 6.40% mean?

True PCL (FRA:TAF0) has a ROE % Adjusted to Book Value of 6.40% 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 True PCL and its competitors.

Is True PCL's ROE % Adjusted to Book Value too high?

True PCL's current ROE % Adjusted to Book Value is 6.40%. Overall, True PCL has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.

How does True PCL's ROE % Adjusted to Book Value compare to TMUS and VZ?

True PCL's ROE % Adjusted to Book Value of 6.40% can be compared against companies in the Telecommunication Services 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 a Telecommunication Services company?

A good ROE % Adjusted to Book Value depends on the Telecommunication Services 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 True PCL and its competitors. True PCL's current ROE % Adjusted to Book Value is 6.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is True PCL stock overvalued right now?

True PCL (FRA:TAF0) has a current ROE % Adjusted to Book Value of 6.40%. The stock's GF Value™ is €0.25, compared to a current price of €0.31 — trading 22.4% above its estimated fair value. The current ROE % Adjusted to Book Value is 6.40%. True PCL's overall GF Score™ is 48/100 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 True PCL (FRA:TAF0), the current ROE % Adjusted to Book Value is 6.40% 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 True PCL (FRA:TAF0) Overvalued in 2026?

Based on GuruFocus' analysis, True PCL stock appears to be overvalued. The current stock price of €0.31 is trading 22.4% above its estimated GF Value™ of €0.25.

Key valuation signals for FRA:TAF0:

ROE % Adjusted to Book Value: 6.40%
GF Value™: €0.25 vs. price of €0.31 (22.4% above fair value)
GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the FRA:TAF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

True PCL Business Description

Industry Communication Services Telecommunication Services

Comparable Companies BKK:JTS BKK:THCOM BKK:JAS BKK:FSMART BKK:ITEL BKK:SYMC BKK:SAMTEL BKK:ICN BKK:PROEN BKK:ADVANC TSE:9984 SHSE:600941 TMUS VZ T XTER:DTE NSE:BHARTIARTL CMCSA MEX:AMXB TSE:9432

Other Exchanges TCPFF:USA TRUE-F:Thailand TRUE:Thailand TAF1:Germany

Address 18 True Tower, Ratchadaphisek Road, Huai Khwang, Bangkok, THA, 10310

Website https://www.true.th

True Corp PCL is a triple-play telecommunications company. It operates through three business segments: Mobile, Pay TV, Broadband internet and others. The majority of revenue is derived from Mobile segment, the company's mobile services product offering. The majority of the company's customer base in its mobile services division is considered prepaid. Broadband internet and other generated revenue internet services are recognized when rendering the service to subscribers. Pay TV generates revenues from monthly subscription fees recognized in the month in which the service is provided, commencing from the completion of installation. It operates in a single geographical area, which is Thailand.

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€0.31

Price

€0.25

GF Value

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