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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 Banco BTG Pactual S.A.'s Debt-to-Equity or its related term are showing as below:
BSP:BPAC3'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 1 Max: 5.23
Current: 1
During the past 13 years, the highest Debt-to-Equity Ratio of Banco BTG Pactual S.A. was 5.23. The lowest was 0.46. And the median was 1.00.
BSP:BPAC3's Debt-to-Equity is ranked worse than 70.94% of 609
companies
in the Capital Markets industry
Industry Median: 0.31
vs BSP:BPAC3: 1.00
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.
Banco BTG Pactual S.A. Debt-to-Equity Related Terms
Banco BTG Pactual S.A. Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Banco BTG Pactual S.A.'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.
BSP:BPAC3 vs MS, GS, SCHW: Debt-to-Equity Comparison
For the Capital Markets subindustry, Banco BTG Pactual S.A.'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.
Banco BTG Pactual S.A. Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Banco BTG Pactual S.A.'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Banco BTG Pactual S.A.'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.
Banco BTG Pactual S.A. (BSP:BPAC3) has a Debt-to-Equity of 1.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Banco BTG Pactual S.A. and its competitors. This is near median its historical median of 1.00. Over the past decade, Banco BTG Pactual S.A.'s Debt-to-Equity has ranged from 0.46 to 5.23. According to the industry distribution chart, Banco BTG Pactual S.A. ranks #432 out of 609 companies in the Capital Markets industry, placing it in the top 70.9%.
Is Banco BTG Pactual S.A.'s Debt-to-Equity too high?
Banco BTG Pactual S.A.'s current Debt-to-Equity of 1.00 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 5.23. The Capital Markets industry median Debt-to-Equity is 0.31. Banco BTG Pactual S.A.'s value of 1.00 is 222.6% above this industry median. Based on the distribution chart, Banco BTG Pactual S.A. ranks #432 out of 609 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Banco BTG Pactual S.A. has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banco BTG Pactual S.A.'s Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Banco BTG Pactual S.A. ranks #432 out of 609 companies for Debt-to-Equity. This places Banco BTG Pactual S.A. in the lower half of its industry. The industry median Debt-to-Equity is 0.31. Banco BTG Pactual S.A.'s value of 1.00 is 222.6% above this benchmark. Historically, Banco BTG Pactual S.A.'s own Debt-to-Equity has ranged from 0.46 to 5.23 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.31, Banco BTG Pactual S.A. 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 609 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. Banco BTG Pactual S.A.'s current Debt-to-Equity of 1.00 is 222.6% 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 Banco BTG Pactual S.A. 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. Banco BTG Pactual S.A.'s current Debt-to-Equity is 1.00, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BTG Pactual S.A. stock overvalued right now?
Based on GuruFocus' analysis, Banco BTG Pactual S.A. (BSP:BPAC3) is currently considered Fairly Valued. The stock's GF Value™ is R$24.28, compared to a current price of R$22.20 — trading 8.6% below its estimated fair value. The current Debt-to-Equity is 1.00, which is near median its 10-year median of 1.00 and 222.6% above the Capital Markets industry median of 0.31. Banco BTG Pactual S.A.'s overall GF Score™ is 78/100 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 Banco BTG Pactual S.A. (BSP:BPAC3), the current Debt-to-Equity is 1.00 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 Banco BTG Pactual S.A. (BSP:BPAC3) Overvalued in 2026?
Based on GuruFocus' analysis, Banco BTG Pactual S.A. stock appears to be undervalued.
The current stock price of R$22.20 is trading 8.6% below its estimated GF Value™ of R$24.28.
GuruFocus considers Banco BTG Pactual S.A. to be Fairly Valued.
Key valuation signals for BSP:BPAC3:
Debt-to-Equity: 1.00 (near median its 10-year median of 1.00)
GF Value™: R$24.28 vs. price of R$22.20 (8.6% below fair value)
Industry Position: 222.6% above the Capital Markets median (#432 of 609)
No single metric tells the full story. See the BSP:BPAC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco BTG Pactual S.A. is a Brazil-based banking firm. It offers financial products and services regarding commercial, investments, credit, financing, capital leases, insurance, and foreign exchange portfolios, among others, in the country and several locations abroad.
78GF Score
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