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.
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 Devoted Construction's Debt-to-Equity or its related term are showing as below:
BOM:542002'
s Debt-to-Equity Range Over the Past 10 Years
Min: 13.84 Med: 14.11 Max: 15.18
Current: 15.18
During the past 10 years, the highest Debt-to-Equity Ratio of Devoted Construction was 15.18. The lowest was 13.84. And the median was 14.11.
BOM:542002's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.4
vs BOM:542002: 15.18
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.
Devoted Construction Debt-to-Equity Related Terms
Devoted Construction Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Devoted Construction'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.
BOM:542002 vs JCI, J, PWR: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Devoted Construction'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.
Devoted Construction Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Devoted Construction's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Devoted Construction'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.
Devoted Construction (BOM:542002) has a Debt-to-Equity of 15.18 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Devoted Construction and its competitors. This is near median its historical median of 14.11. Over the past decade, Devoted Construction's Debt-to-Equity has ranged from 13.84 to 15.18.
Is Devoted Construction's Debt-to-Equity too high?
Devoted Construction's current Debt-to-Equity of 15.18 is near median its 10-year median of 14.11. Over the past 10 years, this metric has ranged from a low of 13.84 to a high of 15.18. The Construction industry median Debt-to-Equity is 0.40. Devoted Construction's value of 15.18 is 3695% above this industry median. Overall, Devoted Construction has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Devoted Construction's Debt-to-Equity compare to JCI and J?
Devoted Construction's Debt-to-Equity of 15.18 can be compared against companies in the Construction industry. The industry median Debt-to-Equity is 0.40. Devoted Construction's value of 15.18 is 3695% above this benchmark. Historically, Devoted Construction's own Debt-to-Equity has ranged from 13.84 to 15.18 over the past decade. While the company's 10-year median is 14.11 vs. the industry median of 0.40, Devoted Construction 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 a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,618 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. Devoted Construction's current Debt-to-Equity of 15.18 is 3695% 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 Devoted Construction and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devoted Construction's current Debt-to-Equity is 15.18, which is near median its own 10-year median of 14.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devoted Construction stock overvalued right now?
Devoted Construction (BOM:542002) has a current Debt-to-Equity of 15.18. The current Debt-to-Equity is 15.18, which is near median its 10-year median of 14.11 and 3695% above the Construction industry median of 0.40. Devoted Construction's overall GF Score™ is 32/100 with 8 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 Devoted Construction (BOM:542002), the current Debt-to-Equity is 15.18 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.
Devoted Construction Ltd is engaged in construction activities. It mainly executes various housing projects. Projects undertaken by the company include Brahma Apartments CGHS and Palm Green CGHS.
32GF Score
Get the complete analysis for BOM:542002
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
BOM:542002 has been successfully added to your 
