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Thai Credit Bank PCLBKK:CREDIT-F 2 ROE % is 17.33% as of Mar. 2026, which is 6% below its 10-year median of 18.49. GuruFocus rates BKK:CREDIT-F with a GF Score™ of 2/100. The stock has 5 warning signs investors should review. Among 1,524 Banks companies, Thai Credit Bank PCL ranks better than 86.35% on this metric.
Thai Credit Bank PCL (BKK:CREDIT-F) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
* 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.
For the Banks - Regional subindustry, Thai Credit Bank PCL's ROE %, along with its competitors' market caps and ROE % 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 Credit Bank PCL ROE % vs Banks Industry
For the Banks industry and Financial Services sector, Thai Credit Bank PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Thai Credit Bank PCL's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Thai Credit Bank PCL (BKK:CREDIT-F) has a ROE % of 17.33% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Thai Credit Bank PCL and its competitors. This is near median its historical median of 18.49. Over the past decade, Thai Credit Bank PCL's ROE % has ranged from 16.28 to 22.31. According to the industry distribution chart, Thai Credit Bank PCL ranks #208 out of 1524 companies in the Banks industry, placing it in the top 13.6%.
Is Thai Credit Bank PCL's ROE % too high?
Thai Credit Bank PCL's current ROE % of 17.33% is near median its 10-year median of 18.49. Over the past 10 years, this metric has ranged from a low of 16.28 to a high of 22.31. The Banks industry median ROE % is 10.32. Thai Credit Bank PCL's value of 17.33% is 67.9% above this industry median. Based on the distribution chart, Thai Credit Bank PCL ranks #208 out of 1524 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Credit Bank PCL has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Thai Credit Bank PCL's ROE % compare to PNC and USB?
According to the Banks industry distribution chart, Thai Credit Bank PCL ranks #208 out of 1524 companies for ROE %. This places Thai Credit Bank PCL in the top 14% of its industry — outperforming the majority of peers. The industry median ROE % is 10.32. Thai Credit Bank PCL's value of 17.33% is 67.9% above this benchmark. Historically, Thai Credit Bank PCL's own ROE % has ranged from 16.28 to 22.31 over the past decade. While the company's 10-year median is 18.49 vs. the industry median of 10.32, Thai Credit Bank 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 ROE % for a Banks company?
The median ROE % among Banks companies is 10.32, based on 1,524 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thai Credit Bank PCL's current ROE % of 17.33% is 67.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Thai Credit Bank PCL and its competitors. For the Banks industry, the median ROE % is 10.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Credit Bank PCL's current ROE % is 17.33%, which is near median its own 10-year median of 18.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Credit Bank PCL stock overvalued right now?
Thai Credit Bank PCL (BKK:CREDIT-F) has a current ROE % of 17.33%. The current ROE % is 17.33%, which is near median its 10-year median of 18.49 and 67.9% above the Banks industry median of 10.32. Thai Credit Bank PCL's overall GF Score™ is 2/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Thai Credit Bank PCL (BKK:CREDIT-F), the current ROE % is 17.33% 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.
Thai Credit Bank PCL is a commercial bank in Thailand. It provides comprehensive financial and investment services and focuses on providing micro SME business loans (MSME) and Nano and Micro Finance to small business entrepreneurs. The Group has 2 operating segments: e-wallet business, which is operated by its subsidiary; and banking business which comprises of business loans - SMEs and Microfinance, retail loans secured by residential property - Housing loans and Home for Cash, and other segments, e.g., personal loans, gold loans, and treasury activities. The company generates the majority of its revenue from the banking business.
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