President Bakery PCL (BKK:PB) ROE %: 9.10% (As of Mar. 2026) — 50% Below Median


BKK:PB President Bakery PCL BKK:PB
73 GF Score
Price ฿48.00
GF Value ฿55.53
Valuation Modestly Undervalued
! 5 Warning Signs
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What is President Bakery PCL ROE %?

President Bakery PCL BKK:PB -0.52% 73 ROE % is 9.10% as of Mar. 2026, which is 50% below its 10-year median of 18.23. GuruFocus rates BKK:PB with a GF Score™ of 73/100 and a GF Value™ of ฿55.53 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, President Bakery PCL ranks better than 60.75% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. President Bakery PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿1,183 Mil. President Bakery PCL's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ฿13,010 Mil. Therefore, President Bakery PCL's annualized ROE % for the quarter that ended in Mar. 2026 was 9.10%.

The historical rank and industry rank for President Bakery PCL's ROE % or its related term are showing as below:

BKK:PB' s ROE % Range Over the Past 10 Years
Min: 9.47   Med: 18.23   Max: 25.63
Current: 9.47

During the past 13 years, President Bakery PCL's highest ROE % was 25.63%. The lowest was 9.47%. And the median was 18.23%.

BKK:PB's ROE % is ranked better than
60.75% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs BKK:PB: 9.47

President Bakery PCL  (BKK:PB) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1183.46/13009.678
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1183.46 / 6787.784)*(6787.784 / 14176.5295)*(14176.5295 / 13009.678)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.44 %*0.4788*1.0897
=ROA %*Equity Multiplier
=8.35 %*1.0897
=9.10 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1183.46/13009.678
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1183.46 / 1351.604) * (1351.604 / 1254.012) * (1254.012 / 6787.784) * (6787.784 / 14176.5295) * (14176.5295 / 13009.678)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8756 * 1.0778 * 18.47 % * 0.4788 * 1.0897
=9.10 %

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.


President Bakery PCL ROE % Related Terms


President Bakery PCL ROE % Historical Data

* Premium members only.

The historical data trend for President Bakery PCL's ROE % 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.

President Bakery PCL ROE % Chart

President Bakery PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.41 16.20 15.06 13.15 9.94

President Bakery PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 10.84 9.06 9.84 10.04 9.10

BKK:PB vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, President Bakery 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.


President Bakery PCL ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, President Bakery PCL's ROE % distribution charts can be found below:

* The bar in red indicates where President Bakery PCL's ROE % falls into.


BKK:PB
73GF Score
President Bakery PCL BKK:PB
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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President Bakery PCL ROE % Calculation

President Bakery PCL's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1257.695/( (12443.327+12860.017)/ 2 )
=1257.695/12651.672
=9.94 %

President Bakery PCL's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1183.46/( (12860.017+13159.339)/ 2 )
=1183.46/13009.678
=9.10 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.10% mean?
President Bakery PCL (BKK:PB) has a ROE % of 9.10% 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 President Bakery PCL and its competitors. This is 50% below median its historical median of 18.23. Over the past decade, President Bakery PCL's ROE % has ranged from 9.47 to 25.63. According to the industry distribution chart, President Bakery PCL ranks #752 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 39.2%.
Is President Bakery PCL's ROE % too high?
President Bakery PCL's current ROE % of 9.10% is 50% below median its 10-year median of 18.23. Over the past 10 years, this metric has ranged from a low of 9.47 to a high of 25.63. The Consumer Packaged Goods industry median ROE % is 6.72. President Bakery PCL's value of 9.10% is 35.4% above this industry median. Based on the distribution chart, President Bakery PCL ranks #752 out of 1916 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, President Bakery PCL has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does President Bakery PCL's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, President Bakery PCL ranks #752 out of 1916 companies for ROE %. This puts President Bakery PCL in the upper half of its industry. The industry median ROE % is 6.72. President Bakery PCL's value of 9.10% is 35.4% above this benchmark. Historically, President Bakery PCL's own ROE % has ranged from 9.47 to 25.63 over the past decade. While the company's 10-year median is 18.23 vs. the industry median of 6.72, President Bakery 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 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. President Bakery PCL's current ROE % of 9.10% is 35.4% 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 President Bakery PCL and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. President Bakery PCL's current ROE % is 9.10%, which is 50% below median its own 10-year median of 18.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Bakery PCL stock overvalued right now?
Based on GuruFocus' analysis, President Bakery PCL (BKK:PB) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿55.53, compared to a current price of ฿48.00 — trading 13.6% below its estimated fair value. The current ROE % is 9.10%, which is 50% below median its 10-year median of 18.23 and 35.4% above the Consumer Packaged Goods industry median of 6.72. President Bakery PCL's overall GF Score™ is 73/100 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 President Bakery PCL (BKK:PB), the current ROE % is 9.10% 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 President Bakery PCL (BKK:PB) Overvalued in 2026?

Based on GuruFocus' analysis, President Bakery PCL stock appears to be undervalued. The current stock price of ฿48.00 is trading 13.6% below its estimated GF Value™ of ฿55.53. GuruFocus considers President Bakery PCL to be Modestly Undervalued.

Key valuation signals for BKK:PB:

  • ROE %: 9.10% (50% below median its 10-year median of 18.23)
  • GF Value™: ฿55.53 vs. price of ฿48.00 (13.6% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 35.4% above the Consumer Packaged Goods median (#752 of 1916)

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


President Bakery PCL Business Description

Address Ratchadapisek Road, Number 121/84 - 85, RS Tower Building, 29th Floor, Dindaeng, Bangkok, THA, 10400
President Bakery PCL is engaged in the manufacture and sales of bakery products. Its products include Cookies, Pies, Breads, Dorayaki, Buns, Toasts, Cakes etc. The company markets its products under the brand name of Farmhouse. The reportable operating segment of the company is manufacture and sales of bakery products and the single geographical area of its operations is Thailand.
73GF Score

Get the complete analysis for BKK:PB

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

฿48.00
Price
฿55.53
GF Value