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Per Aarsleff Holding ASCHIX:PAALBC 92 Debt-to-Equity is 0.46 as of Mar. 2026, which is 70% above its 10-year median of 0.27. GuruFocus rates CHIX:PAALBC with a GF Score™ of 92/100 and a GF Value™ of kr600.38 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,614 Construction companies, Per Aarsleff Holding AS ranks worse than 53.41% 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 Per Aarsleff Holding AS's Debt-to-Equity or its related term are showing as below:
CHIX:PAALBc'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.27 Max: 0.61
Current: 0.46
During the past 13 years, the highest Debt-to-Equity Ratio of Per Aarsleff Holding AS was 0.61. The lowest was 0.16. And the median was 0.27.
CHIX:PAALBc's Debt-to-Equity is ranked worse than 53.41% of 1614
companies
in the Construction industry
Industry Median: 0.41
vs CHIX:PAALBc: 0.46
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.
Per Aarsleff Holding AS Debt-to-Equity Related Terms
Per Aarsleff Holding AS 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.
CHIX:PAALBC vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Per Aarsleff Holding AS'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.
Per Aarsleff Holding AS Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Per Aarsleff Holding AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Per Aarsleff Holding AS'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.
Per Aarsleff Holding AS (CHIX:PAALBC) has a Debt-to-Equity of 0.46 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Per Aarsleff Holding AS and its competitors. This is 70% above median its historical median of 0.27. Over the past decade, Per Aarsleff Holding AS's Debt-to-Equity has ranged from 0.16 to 0.61. According to the industry distribution chart, Per Aarsleff Holding AS ranks #862 out of 1614 companies in the Construction industry, placing it in the top 53.4%.
Is Per Aarsleff Holding AS's Debt-to-Equity too high?
Per Aarsleff Holding AS's current Debt-to-Equity of 0.46 is 70% above median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.61. The Construction industry median Debt-to-Equity is 0.41. Per Aarsleff Holding AS's value of 0.46 is 12.2% above this industry median. Based on the distribution chart, Per Aarsleff Holding AS ranks #862 out of 1614 companies in the Construction industry, which is below the industry midpoint. Overall, Per Aarsleff Holding AS has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Per Aarsleff Holding AS's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Per Aarsleff Holding AS ranks #862 out of 1614 companies for Debt-to-Equity. This places Per Aarsleff Holding AS in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Per Aarsleff Holding AS's value of 0.46 is 12.2% above this benchmark. Historically, Per Aarsleff Holding AS's own Debt-to-Equity has ranged from 0.16 to 0.61 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 0.41, Per Aarsleff Holding AS 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 0.41, based on 1,614 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. Per Aarsleff Holding AS's current Debt-to-Equity of 0.46 is 12.2% 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 Per Aarsleff Holding AS and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Per Aarsleff Holding AS's current Debt-to-Equity is 0.46, which is 70% above median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Per Aarsleff Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Per Aarsleff Holding AS (CHIX:PAALBC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr600.38, compared to a current price of kr696.50 — trading 16% above its estimated fair value. The current Debt-to-Equity is 0.46, which is 70% above median its 10-year median of 0.27 and 12.2% above the Construction industry median of 0.41. Per Aarsleff Holding AS's overall GF Score™ is 92/100 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 Per Aarsleff Holding AS (CHIX:PAALBC), the current Debt-to-Equity is 0.46 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 Per Aarsleff Holding AS (CHIX:PAALBC) Overvalued in 2026?
Based on GuruFocus' analysis, Per Aarsleff Holding AS stock appears to be overvalued.
The current stock price of kr696.50 is trading 16% above its estimated GF Value™ of kr600.38.
GuruFocus considers Per Aarsleff Holding AS to be Modestly Overvalued.
Key valuation signals for CHIX:PAALBC:
Debt-to-Equity: 0.46 (70% above median its 10-year median of 0.27)
GF Value™: kr600.38 vs. price of kr696.50 (16% above fair value)
Industry Position: 12.2% above the Construction median (#862 of 1614)
No single metric tells the full story. See the CHIX:PAALBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Per Aarsleff Holding AS is a Denmark-based holding company specializing in infrastructure and construction services. It has Construction, Pipe technologies, Technical Solutions, Rail, and Ground engineering segments. The construction segment consists of construction, shell structures, building construction and international projects. The pipe technologies segment covers utility companies, housing, industry, export, and manufacturing. The ground engineering segment comprises ground engineering, pile factories, and engineering. The rail segment comprises train station services, service center operations, and maintenance projects. It derives maximum revenue from the Construction segment. Geographically, the company has a business presence in Denmark and other countries.
92GF Score
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