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Pilatus Marine PCLBKK:PLT 32 Debt-to-Equity is 0.59 as of Mar. 2026, which is 6% below its 10-year median of 0.63. GuruFocus rates BKK:PLT with a GF Score™ of 32/100 and a GF Value™ of ฿0.92 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 809 Oil & Gas companies, Pilatus Marine PCL ranks worse than 57.35% 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 Pilatus Marine PCL's Debt-to-Equity or its related term are showing as below:
BKK:PLT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.63 Max: 0.82
Current: 0.59
During the past 5 years, the highest Debt-to-Equity Ratio of Pilatus Marine PCL was 0.82. The lowest was 0.23. And the median was 0.63.
BKK:PLT's Debt-to-Equity is ranked worse than 57.35% of 809
companies
in the Oil & Gas industry
Industry Median: 0.45
vs BKK:PLT: 0.59
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.
Pilatus Marine PCL Debt-to-Equity Related Terms
Pilatus Marine PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Pilatus Marine PCL'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.
BKK:PLT vs WMB, EPD, KMI: Debt-to-Equity Comparison
For the Oil & Gas Midstream subindustry, Pilatus Marine PCL'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.
Pilatus Marine PCL Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Pilatus Marine PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pilatus Marine PCL'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.
Pilatus Marine PCL (BKK:PLT) has a Debt-to-Equity of 0.59 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pilatus Marine PCL and its competitors. This is near median its historical median of 0.63. Over the past decade, Pilatus Marine PCL's Debt-to-Equity has ranged from 0.23 to 0.82. According to the industry distribution chart, Pilatus Marine PCL ranks #464 out of 809 companies in the Oil & Gas industry, placing it in the top 57.4%.
Is Pilatus Marine PCL's Debt-to-Equity too high?
Pilatus Marine PCL's current Debt-to-Equity of 0.59 is near median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.82. The Oil & Gas industry median Debt-to-Equity is 0.45. Pilatus Marine PCL's value of 0.59 is 31.1% above this industry median. Based on the distribution chart, Pilatus Marine PCL ranks #464 out of 809 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Pilatus Marine PCL has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pilatus Marine PCL's Debt-to-Equity compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Pilatus Marine PCL ranks #464 out of 809 companies for Debt-to-Equity. This places Pilatus Marine PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.45. Pilatus Marine PCL's value of 0.59 is 31.1% above this benchmark. Historically, Pilatus Marine PCL's own Debt-to-Equity has ranged from 0.23 to 0.82 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.45, Pilatus Marine 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 Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 809 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. Pilatus Marine PCL's current Debt-to-Equity of 0.59 is 31.1% 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-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 Pilatus Marine PCL and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pilatus Marine PCL's current Debt-to-Equity is 0.59, which is near median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilatus Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Pilatus Marine PCL (BKK:PLT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.92, compared to a current price of ฿0.53 — trading 42.4% below its estimated fair value. The current Debt-to-Equity is 0.59, which is near median its 10-year median of 0.63 and 31.1% above the Oil & Gas industry median of 0.45. Pilatus Marine PCL's overall GF Score™ is 32/100 with 3 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 Pilatus Marine PCL (BKK:PLT), the current Debt-to-Equity is 0.59 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 Pilatus Marine PCL (BKK:PLT) Overvalued in 2026?
Based on GuruFocus' analysis, Pilatus Marine PCL stock appears to be undervalued.
The current stock price of ฿0.53 is trading 42.4% below its estimated GF Value™ of ฿0.92.
GuruFocus considers Pilatus Marine PCL to be Possible Value Trap.
Key valuation signals for BKK:PLT:
Debt-to-Equity: 0.59 (near median its 10-year median of 0.63)
GF Value™: ฿0.92 vs. price of ฿0.53 (42.4% below fair value)
Industry Position: 31.1% above the Oil & Gas median (#464 of 809)
No single metric tells the full story. See the BKK:PLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pilatus Marine PCL is Thailand's operator of liquefied petroleum gas (LPG) carriers both marine and land transport, with decades of operating experience in LPG transport. The Company engaged business of motor and water transportation services for liquid products both in domestic and Asia Pacific region. The company has two reportable segments which are Marine petrochemical cargo transportation services which rendered in Thailand and Abroad, LPG Logistic services segment virtually in Thailand.
32GF Score
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