Thai Life Insurance PCL Ratios and Metrics

Market cap in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	115,645	113,928	128,240	104,768	170,605	-
Market Cap Growth	-15.83%	-11.16%	22.40%	-38.59%	-	-
Enterprise Value	107,778	108,375	122,145	101,286	164,945	-
PE Ratio	9.73	9.59	9.59	10.79	18.41	-
PS Ratio	2.97	2.93	3.39	0.97	1.59	-
PB Ratio	0.75	0.74	1.02	1.00	1.74	-
P/FCF Ratio	40.70	40.10	14.20	29.02	-	-
P/OCF Ratio	38.28	37.72	13.92	27.02	-	-
EV/Sales Ratio	2.77	2.79	3.23	0.94	1.53	-
EV/EBITDA Ratio	7.23	7.28	7.25	8.25	14.08	-
EV/EBIT Ratio	7.37	7.42	7.37	8.44	14.44	-
EV/FCF Ratio	37.93	38.14	13.53	28.06	-	-
Net Debt / Equity Ratio	-0.05	-0.05	-0.09	-0.07	-0.08	-0.08
Net Debt / EBITDA Ratio	-0.53	-0.53	-0.65	-0.63	-0.66	-0.66
Net Debt / FCF Ratio	-2.77	-2.77	-1.21	-2.13	0.73	16.45
Quick Ratio	0.69	0.69	2.05	0.98	0.88	0.76
Current Ratio	1.17	1.17	2.49	1.65	1.45	1.09
Asset Turnover	0.06	0.06	0.07	0.19	0.20	0.21
Return on Equity (ROE)	8.49%	8.49%	11.63%	9.58%	10.04%	10.22%
Return on Assets (ROA)	1.46%	1.46%	1.77%	1.33%	1.31%	1.31%
Return on Invested Capital (ROIC)	7.48%	8.43%	11.55%	9.58%	10.04%	10.22%
Earnings Yield	10.27%	10.43%	10.42%	9.26%	5.43%	-
FCF Yield	2.46%	2.49%	7.04%	3.45%	-6.16%	-
Dividend Yield	5.94%	6.03%	4.66%	4.10%	2.28%	-
Payout Ratio	48.18%	48.18%	42.81%	35.39%	28.60%	26.90%
Buyback Yield / Dilution	-	-	-	-4.26%	-3.60%	-
Total Shareholder Return	5.77%	6.03%	4.66%	-0.16%	-1.33%	-

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.