PRTR Group PCL (BKK:PRTR) Altman Z-Score: 6.35 (As of Jul. 02, 2026) — 12% Below Median


BKK:PRTR PRTR Group PCL BKK:PRTR
65 GF Score
Price ฿3.44
GF Value ฿4.75
Valuation Modestly Undervalued
! 1 Warning Sign
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What is PRTR Group PCL Altman Z-Score?

PRTR Group PCL BKK:PRTR -1.15% 65 Altman Z-Score is 6.35 as of Jul. 02, 2026, which is 12% below its 10-year median of 7.20. GuruFocus rates BKK:PRTR with a GF Score™ of 65/100 and a GF Value™ of ฿4.75 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,060 Business Services companies, PRTR Group PCL ranks better than 81.42% 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 6.32 is strong.

PRTR Group PCL has a Altman Z-Score of 6.35, 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 PRTR Group PCL's Altman Z-Score or its related term are showing as below:

BKK:PRTR' s Altman Z-Score Range Over the Past 10 Years
Min: 6.18   Med: 7.2   Max: 10.66
Current: 6.32

During the past 5 years, PRTR Group PCL's highest Altman Z-Score was 10.66. The lowest was 6.18. And the median was 7.20.


PRTR Group PCL  (BKK:PRTR) Altman Z-Score Explanation

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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


PRTR Group PCL Altman Z-Score Related Terms


PRTR Group PCL Altman Z-Score Historical Data

* Premium members only.

The historical data trend for PRTR Group 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.

PRTR Group PCL Altman Z-Score Chart

PRTR Group PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
0.00 0.00 8.13 6.79 6.18

PRTR Group PCL Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score 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 6.67 6.34 6.48 6.18 6.22

BKK:PRTR vs KFY, RHI, TNET: Altman Z-Score Comparison

For the Staffing & Employment Services subindustry, PRTR Group 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.


PRTR Group PCL Altman Z-Score vs Business Services Industry

For the Business Services industry and Industrials sector, PRTR Group PCL's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where PRTR Group PCL's Altman Z-Score falls into.


BKK:PRTR
65GF Score
PRTR Group PCL BKK:PRTR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PRTR Group PCL Altman Z-Score Calculation

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.

PRTR Group 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*0.6769+1.4*0.1869+3.3*0.107+0.6*3.0553+1.0*3.0887
=6.35

* 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.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ฿2,457 Mil.
Total Current Assets was ฿2,142 Mil.
Total Current Liabilities was ฿479 Mil.
Retained Earnings was ฿459 Mil.
Pre-Tax Income was 63.315 + 55.563 + 72.161 + 68.338 = ฿259 Mil.
Interest Expense was -0.24 + -1.078 + -1.094 + -1.09 = ฿-4 Mil.
Revenue was 1870.295 + 1906.37 + 1902.525 + 1910.048 = ฿7,589 Mil.
Market Cap (Today) was ฿2,064 Mil.
Total Liabilities was ฿676 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(2142.134 - 478.958)/2457.078
=0.6769

X2=Retained Earnings/Total Assets
=459.223/2457.078
=0.1869

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(259.377 - -3.502)/2457.078
=0.107

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=2064.000/675.537
=3.0553

X5=Revenue/Total Assets
=7589.238/2457.078
=3.0887

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

PRTR Group PCL has a Altman Z-Score of 6.35 indicating it is in Safe Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 6.35 mean?
PRTR Group PCL (BKK:PRTR) has a Altman Z-Score of 6.35 as of Jul. 02, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PRTR Group PCL and its competitors. This is 12% below median its historical median of 7.20. Over the past decade, PRTR Group PCL's Altman Z-Score has ranged from 6.18 to 10.66. According to the industry distribution chart, PRTR Group PCL ranks #197 out of 1060 companies in the Business Services industry, placing it in the top 18.6%.
Is PRTR Group PCL's Altman Z-Score too high?
PRTR Group PCL's current Altman Z-Score of 6.35 is 12% below median its 10-year median of 7.20. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 10.66. The Business Services industry median Altman Z-Score is 2.97. PRTR Group PCL's value of 6.35 is 114.2% above this industry median. Based on the distribution chart, PRTR Group PCL ranks #197 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, PRTR Group PCL has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PRTR Group PCL's Altman Z-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, PRTR Group PCL ranks #197 out of 1060 companies for Altman Z-Score. This places PRTR Group PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Altman Z-Score is 2.97. PRTR Group PCL's value of 6.35 is 114.2% above this benchmark. Historically, PRTR Group PCL's own Altman Z-Score has ranged from 6.18 to 10.66 over the past decade. While the company's 10-year median is 7.20 vs. the industry median of 2.97, PRTR Group 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 Business Services company?
The median Altman Z-Score among Business Services companies is 2.97, based on 1,060 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. PRTR Group PCL's current Altman Z-Score of 6.35 is 114.2% 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 PRTR Group PCL and its competitors. For the Business Services industry, the median Altman Z-Score is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PRTR Group PCL's current Altman Z-Score is 6.35, which is 12% below median its own 10-year median of 7.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PRTR Group PCL stock overvalued right now?
Based on GuruFocus' analysis, PRTR Group PCL (BKK:PRTR) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿4.75, compared to a current price of ฿3.44 — trading 27.6% below its estimated fair value. The current Altman Z-Score is 6.35, which is 12% below median its 10-year median of 7.20 and 114.2% above the Business Services industry median of 2.97. PRTR Group PCL's overall GF Score™ is 65/100 with 1 warning sign to review. 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 PRTR Group PCL (BKK:PRTR), the current Altman Z-Score is 6.35 as of Jul. 02, 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 PRTR Group PCL (BKK:PRTR) Overvalued in 2026?

Based on GuruFocus' analysis, PRTR Group PCL stock appears to be undervalued. The current stock price of ฿3.44 is trading 27.6% below its estimated GF Value™ of ฿4.75. GuruFocus considers PRTR Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:PRTR:

  • Altman Z-Score: 6.35 (12% below median its 10-year median of 7.20)
  • GF Value™: ฿4.75 vs. price of ฿3.44 (27.6% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 114.2% above the Business Services median (#197 of 1060)

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


PRTR Group PCL Business Description

Address New Petchburi Road, 2034/82 Ital-Thai Tower, 18th Floor, Bangkapi, Huaykwang, Bangkok, THA, 10310
PRTR Group PCL provides end-to-end human resource services such as HR outsourcing service for companies and organizations; recruitment service for all-level positions that cater to clients' demands; HR technology, online job platform NEXMOVE, and offline and online training service through BLACKSMITH mobile application and website. The company's reportable segments are Recruitment services, Training services, Human resources services and business process outsourcing, HR Platform, and Job Advertising. The majority of revenue is generated from the Human resources service and business process outsourcing segment.
65GF Score

Get the complete analysis for BKK:PRTR

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

฿3.44
Price
฿4.75
GF Value