Thai Plaspac PCLBKK:TPAC +0.56%89 ROE % is 18.86% as of Mar. 2026, which is 42% above its 10-year median of 13.24. GuruFocus rates BKK:TPAC with a GF Score™ of 89/100 and a GF Value™ of ฿10.39 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 388 Packaging & Containers companies, Thai Plaspac PCL ranks better than 89.43% on this metric.
The historical rank and industry rank for Thai Plaspac PCL's ROE % or its related term are showing as below:
BKK:TPAC'
s ROE % Range Over the Past 10 Years
Min: 3 Med: 13.24 Max: 21.09
Current: 17.05
During the past 13 years, Thai Plaspac PCL's highest ROE % was 21.09%. The lowest was 3.00%. And the median was 13.24%.
BKK:TPAC's ROE % is ranked better than 89.43% of 388
companies
in the Packaging & Containers industry
Industry Median: 5.375
vs BKK:TPAC: 17.05
Thai Plaspac PCL (BKK:TPAC) 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.
Thai Plaspac PCL ROE % Related Terms
Thai Plaspac PCL ROE % Historical Data
* Premium members only.
The historical data trend for Thai Plaspac 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.
For the Packaging & Containers subindustry, Thai Plaspac 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 Plaspac PCL ROE % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Plaspac PCL's ROE % distribution charts can be found below:
* The bar in red indicates where Thai Plaspac 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 Plaspac PCL (BKK:TPAC) has a ROE % of 18.86% 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 Plaspac PCL and its competitors. This is 42% above median its historical median of 13.24. Over the past decade, Thai Plaspac PCL's ROE % has ranged from 3.00 to 21.09. According to the industry distribution chart, Thai Plaspac PCL ranks #41 out of 388 companies in the Packaging & Containers industry, placing it in the top 10.6%.
Is Thai Plaspac PCL's ROE % too high?
Thai Plaspac PCL's current ROE % of 18.86% is 42% above median its 10-year median of 13.24. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 21.09. The Packaging & Containers industry median ROE % is 5.38. Thai Plaspac PCL's value of 18.86% is 250.9% above this industry median. Based on the distribution chart, Thai Plaspac PCL ranks #41 out of 388 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Plaspac PCL has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Plaspac PCL's ROE % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Plaspac PCL ranks #41 out of 388 companies for ROE %. This places Thai Plaspac PCL in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 5.38. Thai Plaspac PCL's value of 18.86% is 250.9% above this benchmark. Historically, Thai Plaspac PCL's own ROE % has ranged from 3.00 to 21.09 over the past decade. While the company's 10-year median is 13.24 vs. the industry median of 5.38, Thai Plaspac 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 Packaging & Containers company?
The median ROE % among Packaging & Containers companies is 5.38, based on 388 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 Plaspac PCL's current ROE % of 18.86% is 250.9% 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 Plaspac PCL and its competitors. For the Packaging & Containers industry, the median ROE % is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Plaspac PCL's current ROE % is 18.86%, which is 42% above median its own 10-year median of 13.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Plaspac PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Plaspac PCL (BKK:TPAC) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.39, compared to a current price of ฿8.95 — trading 13.9% below its estimated fair value. The current ROE % is 18.86%, which is 42% above median its 10-year median of 13.24 and 250.9% above the Packaging & Containers industry median of 5.38. Thai Plaspac PCL's overall GF Score™ is 89/100 with 2 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 Plaspac PCL (BKK:TPAC), the current ROE % is 18.86% 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 Plaspac PCL (BKK:TPAC) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Plaspac PCL stock appears to be undervalued.
The current stock price of ฿8.95 is trading 13.9% below its estimated GF Value™ of ฿10.39.
GuruFocus considers Thai Plaspac PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPAC:
ROE %: 18.86% (42% above median its 10-year median of 13.24)
GF Value™: ฿10.39 vs. price of ฿8.95 (13.9% below fair value)
Industry Position: 250.9% above the Packaging & Containers median (#41 of 388)
No single metric tells the full story. See the BKK:TPAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Plaspac PCL is a Thailand-based company that operates in the plastic packaging business. The activity of the group includes the manufacturing and distribution of plastic packaging materials. It offers a wide range of manufacturing capabilities, ranging from packaging design, injection-molding, blow-molding, injection/blow molding in-line inspections, and quality assurance. It serves food, daily products, consumer-household, and other sectors. Geographically, the firm has a business presence in Thailand and Other overseas countries.
89GF Score
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