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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pengana Private Equity TrustASX:PE1 -1.42%66 Debt-to-Equity is 0.01 as of Dec. 2025, which is 67% below its 10-year median of 0.03. GuruFocus rates ASX:PE1 with a GF Score™ of 66/100 and a GF Value™ of A$1.07 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 955 Asset Management companies, Pengana Private Equity Trust ranks better than 99.9% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Pengana Private Equity Trust's Debt-to-Equity or its related term are showing as below:
ASX:PE1'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.07
Current: 0.01
During the past 6 years, the highest Debt-to-Equity Ratio of Pengana Private Equity Trust was 0.07. The lowest was 0.01. And the median was 0.03.
ASX:PE1's Debt-to-Equity is ranked better than 99.9% of 955
companies
in the Asset Management industry
Industry Median: 0.21
vs ASX:PE1: 0.01
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Pengana Private Equity Trust Debt-to-Equity Related Terms
Pengana Private Equity Trust Debt-to-Equity Historical Data
* 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.
ASX:PE1 vs BLK, BX, KKR: Debt-to-Equity Comparison
For the Asset Management subindustry, Pengana Private Equity Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Pengana Private Equity Trust Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pengana Private Equity Trust's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pengana Private Equity Trust's Debt-to-Equity 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.
Pengana Private Equity Trust (ASX:PE1) has a Debt-to-Equity of 0.01 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pengana Private Equity Trust and its competitors. This is 67% below median its historical median of 0.03. Over the past decade, Pengana Private Equity Trust's Debt-to-Equity has ranged from 0.01 to 0.07. According to the industry distribution chart, Pengana Private Equity Trust ranks #1 out of 955 companies in the Asset Management industry, placing it in the top 0.099999999999994%.
Is Pengana Private Equity Trust's Debt-to-Equity too high?
Pengana Private Equity Trust's current Debt-to-Equity of 0.01 is 67% below median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.07. The Asset Management industry median Debt-to-Equity is 0.21. Pengana Private Equity Trust's value of 0.01 is 95.2% below this industry median. Based on the distribution chart, Pengana Private Equity Trust ranks #1 out of 955 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Pengana Private Equity Trust has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pengana Private Equity Trust's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Pengana Private Equity Trust ranks #1 out of 955 companies for Debt-to-Equity. This places Pengana Private Equity Trust in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.21. Pengana Private Equity Trust's value of 0.01 is 95.2% below this benchmark. Historically, Pengana Private Equity Trust's own Debt-to-Equity has ranged from 0.01 to 0.07 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.21, Pengana Private Equity Trust has consistently been below 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-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pengana Private Equity Trust's current Debt-to-Equity of 0.01 is 95.2% below 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pengana Private Equity Trust and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pengana Private Equity Trust's current Debt-to-Equity is 0.01, which is 67% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pengana Private Equity Trust stock overvalued right now?
Based on GuruFocus' analysis, Pengana Private Equity Trust (ASX:PE1) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.07, compared to a current price of A$1.39 — trading 29.4% above its estimated fair value. The current Debt-to-Equity is 0.01, which is 67% below median its 10-year median of 0.03 and 95.2% below the Asset Management industry median of 0.21. Pengana Private Equity Trust's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Pengana Private Equity Trust (ASX:PE1), the current Debt-to-Equity is 0.01 as of Dec. 2025. 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 Pengana Private Equity Trust (ASX:PE1) Overvalued in 2026?
Based on GuruFocus' analysis, Pengana Private Equity Trust stock appears to be overvalued.
The current stock price of A$1.39 is trading 29.4% above its estimated GF Value™ of A$1.07.
GuruFocus considers Pengana Private Equity Trust to be Modestly Overvalued.
Key valuation signals for ASX:PE1:
Debt-to-Equity: 0.01 (67% below median its 10-year median of 0.03)
GF Value™: A$1.07 vs. price of A$1.39 (29.4% above fair value)
Industry Position: 95.2% below the Asset Management median (#1 of 955)
No single metric tells the full story. See the ASX:PE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pengana Private Equity Trust is an Australia-based company engaged in providing a diversified portfolio of private market investments via a listed investment trust structure. The Trust's investment objective is to generate, over an investment horizon of at least 10 years, returns and capital growth through a selective and diversified approach to private markets.
66GF Score
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