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Property Perfect PCLBKK:PF Altman Z-Score is 138.49 as of Jul. 27, 2026, which is 13889% above its 10-year median of 0.99. The stock has 3 warning signs investors should review. Among 1,729 Real Estate companies, Property Perfect PCL ranks better than 99.65% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Good Sign:
Altman Z-score of 138.49 is strong.
Property Perfect PCL has a Altman Z-Score of 138.49, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Property Perfect PCL's Altman Z-Score or its related term are showing as below:
BKK:PF'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.36 Med: 0.99 Max: 138.49
Current: 138.49
During the past 13 years, Property Perfect PCL's highest Altman Z-Score was 138.49. The lowest was 0.36. And the median was 0.99.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
Altman Z-Score does not apply to financial companies.
Property Perfect PCL Altman Z-Score Related Terms
Property Perfect PCL Altman Z-Score Historical Data
* Premium members only.
The historical data trend for Property Perfect PCL's Altman Z-Score 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 Real Estate - Development subindustry, Property Perfect PCL's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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.
Property Perfect PCL Altman Z-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Property Perfect PCL's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Property Perfect PCL's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
Property Perfect PCL's Altman Z-Score for today is calculated with this formula:
Z
=
1.2
*
X1
+
1.4
*
X2
+
3.3
*
X3
+
0.6
*
X4
+
1.0
*
X5
=
1.2
*
-0.0465
+
1.4
*
-0.0665
+
3.3
*
41.9806
+
0.6
*
0.0148
+
1.0
*
0.0979
=
138.49
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Property Perfect PCL (BKK:PF) has a Altman Z-Score of 138.49 as of Jul. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Property Perfect PCL and its competitors. This is 13889% above median its historical median of 0.99. Over the past decade, Property Perfect PCL's Altman Z-Score has ranged from 0.36 to 138.49. According to the industry distribution chart, Property Perfect PCL ranks #6 out of 1729 companies in the Real Estate industry, placing it in the top 0.3%.
Is Property Perfect PCL's Altman Z-Score too high?
Property Perfect PCL's current Altman Z-Score of 138.49 is 13889% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 138.49. The Real Estate industry median Altman Z-Score is 1.30. Property Perfect PCL's value of 138.49 is 10553.1% above this industry median. Based on the distribution chart, Property Perfect PCL ranks #6 out of 1729 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers.
How does Property Perfect PCL's Altman Z-Score compare to competitors?
According to the Real Estate industry distribution chart, Property Perfect PCL ranks #6 out of 1729 companies for Altman Z-Score. This places Property Perfect PCL in the top 0% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 1.30. Property Perfect PCL's value of 138.49 is 10553.1% above this benchmark. Historically, Property Perfect PCL's own Altman Z-Score has ranged from 0.36 to 138.49 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.30, Property Perfect 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 Altman Z-Score for a Real Estate company?
The median Altman Z-Score among Real Estate companies is 1.30, based on 1,729 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Property Perfect PCL's current Altman Z-Score of 138.49 is 10553.1% 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Property Perfect PCL and its competitors. For the Real Estate industry, the median Altman Z-Score is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Property Perfect PCL's current Altman Z-Score is 138.49, which is 13889% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property Perfect PCL stock overvalued right now?
Based on GuruFocus' analysis, Property Perfect PCL (BKK:PF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.06, compared to a current price of ฿0.05 — trading 16.7% below its estimated fair value. The current Altman Z-Score is 138.49, which is 13889% above median its 10-year median of 0.99 and 10553.1% above the Real Estate industry median of 1.30. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Property Perfect PCL (BKK:PF), the current Altman Z-Score is 138.49 as of Jul. 27, 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.
Property Perfect PCL operates in the real estate sector, focusing on developing properties. Its property development portfolio predominantly comprises single detached houses, duplex house, townhouses and condominiums. Additionally, the Group is focused on the development of commercial properties for renting; and hotels with four-five stars, in key locations across Thailand, which are managed by professional and international hotel chains. Its reportable segments are: Property development costs for sale, which generates the maximum revenue, Hotel, and Other. Geographically, the Group operates mainly in Thailand.
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