PBG (BSP:PTBL3) Debt-to-EBITDA : 7.44 (As of Mar. 2026) — 53% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BSP:PTBL3 PBG SA BSP:PTBL3
57 GF Score
Price R$1.44
GF Value R$5.01
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is PBG Debt-to-EBITDA?

PBG BSP:PTBL3 -4.00% 57 Debt-to-EBITDA is 7.44 as of Mar. 2026, which is 53% above its 10-year median of 4.85. GuruFocus rates BSP:PTBL3 with a GF Score™ of 57/100 and a GF Value™ of R$5.01 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 1,413 Construction companies, PBG ranks worse than 89.24% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

PBG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$292 Mil. PBG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$1,907 Mil. PBG's annualized EBITDA for the quarter that ended in Mar. 2026 was R$296 Mil. PBG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 7.44.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for PBG's Debt-to-EBITDA or its related term are showing as below:

BSP:PTBL3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.07   Med: 4.85   Max: 9.76
Current: 9.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of PBG was 9.76. The lowest was 2.07. And the median was 4.85.

BSP:PTBL3's Debt-to-EBITDA is ranked worse than
89.24% of 1413 companies
in the Construction industry
Industry Median: 2.1 vs BSP:PTBL3: 9.76

PBG  (BSP:PTBL3) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


PBG Debt-to-EBITDA Related Terms


PBG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PBG's Debt-to-EBITDA 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.

PBG Debt-to-EBITDA Chart

PBG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 2.28 6.87 6.82 9.52

PBG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 8.03 6.69 5.75 -77.23 7.44

BSP:PTBL3 vs TT, JCI, CARR: Debt-to-EBITDA Comparison

For the Building Products & Equipment subindustry, PBG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


PBG Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, PBG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PBG's Debt-to-EBITDA falls into.


BSP:PTBL3
57GF Score
PBG SA BSP:PTBL3
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PBG Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

PBG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(266.029 + 1753.383) / 212.115
=9.52

PBG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(292.168 + 1906.747) / 295.528
=7.44

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 7.44 mean?
PBG (BSP:PTBL3) has a Debt-to-EBITDA of 7.44 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PBG. This is 53% above median its historical median of 4.85. Over the past decade, PBG's Debt-to-EBITDA has ranged from 2.07 to 9.76. According to the industry distribution chart, PBG ranks #1261 out of 1413 companies in the Construction industry, placing it in the top 89.2%.
Is PBG's Debt-to-EBITDA too high?
PBG's current Debt-to-EBITDA of 7.44 is 53% above median its 10-year median of 4.85. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 9.76. The Construction industry median Debt-to-EBITDA is 2.10. PBG's value of 7.44 is 254.3% above this industry median. Based on the distribution chart, PBG ranks #1261 out of 1413 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, PBG has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PBG's Debt-to-EBITDA compare to TT and JCI?
According to the Construction industry distribution chart, PBG ranks #1261 out of 1413 companies for Debt-to-EBITDA. This places PBG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.10. PBG's value of 7.44 is 254.3% above this benchmark. Historically, PBG's own Debt-to-EBITDA has ranged from 2.07 to 9.76 over the past decade. While the company's 10-year median is 4.85 vs. the industry median of 2.10, PBG 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 Debt-to-EBITDA for a Construction company?
The median Debt-to-EBITDA among Construction companies is 2.10, based on 1,413 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PBG's current Debt-to-EBITDA of 7.44 is 254.3% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PBG. For the Construction industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBG's current Debt-to-EBITDA is 7.44, which is 53% above median its own 10-year median of 4.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBG stock overvalued right now?
Based on GuruFocus' analysis, PBG (BSP:PTBL3) is currently considered Possible Value Trap. The stock's GF Value™ is R$5.01, compared to a current price of R$1.44 — trading 71.3% below its estimated fair value. The current Debt-to-EBITDA is 7.44, which is 53% above median its 10-year median of 4.85 and 254.3% above the Construction industry median of 2.10. PBG's overall GF Score™ is 57/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For PBG (BSP:PTBL3), the current Debt-to-EBITDA is 7.44 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 PBG (BSP:PTBL3) Overvalued in 2026?

Based on GuruFocus' analysis, PBG stock appears to be undervalued. The current stock price of R$1.44 is trading 71.3% below its estimated GF Value™ of R$5.01. GuruFocus considers PBG to be Possible Value Trap.

Key valuation signals for BSP:PTBL3:

  • Debt-to-EBITDA: 7.44 (53% above median its 10-year median of 4.85)
  • GF Value™: R$5.01 vs. price of R$1.44 (71.3% below fair value)
  • GF Score™: 57/100 with 10 warning signs
  • Industry Position: 254.3% above the Construction median (#1261 of 1413)

No single metric tells the full story. See the BSP:PTBL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PBG Business Description

Address Rodovia BR 101, KM 163, Tijucas, SC, BRA, 88200-000
PBG SA is engaged in the manufacturing and sale of ceramic and porcelain products. It offers products such as floor tiles, technical porcelain, enameled tiles, decorated and special pieces, mosaic tiles, and products for indoor walls and outdoor facades, as well as supplementary services in the sector of civil construction materials. The company sells its product to the Brazilian market through its network of Portobello Shops, home centers, real estate developers, and construction firms. Portobello derives revenue through the sale of ceramic and porcelain products. Geographically it operates in Brazil. The Company is structured in four strategic segments formed by the business units Portobello, Portobello Shop, Pointer and Portobello America.
57GF Score

Get the complete analysis for BSP:PTBL3

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

R$1.44
Price
R$5.01
GF Value