Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
PraemiumASX:PPS -2.82%66 Debt-to-Equity is 0.03 as of Dec. 2025, which is at its 10-year median of 0.03. GuruFocus rates ASX:PPS with a GF Score™ of 66/100 and a GF Value™ of A$0.89 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 611 Capital Markets companies, Praemium ranks better than 87.56% 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 Praemium's Debt-to-Equity or its related term are showing as below:
ASX:PPS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.25
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Praemium was 0.25. The lowest was 0.00. And the median was 0.03.
ASX:PPS's Debt-to-Equity is ranked better than 87.56% of 611
companies
in the Capital Markets industry
Industry Median: 0.31
vs ASX:PPS: 0.03
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.
Praemium Debt-to-Equity Related Terms
Praemium Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Praemium's Debt-to-Equity 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.
ASX:PPS vs MS, GS, SCHW: Debt-to-Equity Comparison
For the Capital Markets subindustry, Praemium'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.
Praemium Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Praemium's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Praemium'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.
Praemium (ASX:PPS) has a Debt-to-Equity of 0.03 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Praemium and its competitors. This is near median its historical median of 0.03. According to the industry distribution chart, Praemium ranks #76 out of 611 companies in the Capital Markets industry, placing it in the top 12.4%.
Is Praemium's Debt-to-Equity too high?
Praemium's current Debt-to-Equity of 0.03 is near median its 10-year median of 0.03. The Capital Markets industry median Debt-to-Equity is 0.31. Praemium's value of 0.03 is 90.3% below this industry median. Based on the distribution chart, Praemium ranks #76 out of 611 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Praemium has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Praemium's Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Praemium ranks #76 out of 611 companies for Debt-to-Equity. This places Praemium in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.31. Praemium's value of 0.03 is 90.3% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.31, Praemium 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 a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 611 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. Praemium's current Debt-to-Equity of 0.03 is 90.3% 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 Praemium and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praemium's current Debt-to-Equity is 0.03, which is near 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 Praemium stock overvalued right now?
Based on GuruFocus' analysis, Praemium (ASX:PPS) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.89, compared to a current price of A$0.69 — trading 22.5% below its estimated fair value. The current Debt-to-Equity is 0.03, which is near median its 10-year median of 0.03 and 90.3% below the Capital Markets industry median of 0.31. Praemium's overall GF Score™ is 66/100 with 1 warning sign 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 Praemium (ASX:PPS), the current Debt-to-Equity is 0.03 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 Praemium (ASX:PPS) Overvalued in 2026?
Based on GuruFocus' analysis, Praemium stock appears to be undervalued.
The current stock price of A$0.69 is trading 22.5% below its estimated GF Value™ of A$0.89.
GuruFocus considers Praemium to be Modestly Undervalued.
Key valuation signals for ASX:PPS:
Debt-to-Equity: 0.03 (near median its 10-year median of 0.03)
GF Value™: A$0.89 vs. price of A$0.69 (22.5% below fair value)
Industry Position: 90.3% below the Capital Markets median (#76 of 611)
No single metric tells the full story. See the ASX:PPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Praemium Ltd is a provider of portfolio administration, investment platforms, and financial planning tools to the wealth management industry. Its clients are predominantly firms that provide financial advice to investors, namely financial advisers, brokers, accountants, investment managers, banks, and other financial providers such as superannuation administrators.
66GF Score
Get the complete analysis for ASX:PPS
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:PPS has been successfully added to your 
