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PetroChina CoFRA:PC6 -4.09%65 Debt-to-Equity is 0.27 as of Mar. 2026, which is 27% below its 10-year median of 0.37. GuruFocus rates FRA:PC6 with a GF Score™ of 65/100 and a GF Value™ of €0.85 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 796 Oil & Gas companies, PetroChina Co ranks better than 64.82% 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 PetroChina Co's Debt-to-Equity or its related term are showing as below:
FRA:PC6'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.37 Max: 0.54
Current: 0.27
During the past 13 years, the highest Debt-to-Equity Ratio of PetroChina Co was 0.54. The lowest was 0.22. And the median was 0.37.
FRA:PC6's Debt-to-Equity is ranked better than 64.82% of 796
companies
in the Oil & Gas industry
Industry Median: 0.465
vs FRA:PC6: 0.27
PetroChina Co (FRA:PC6) Debt-to-Equity Explanation
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.
PetroChina Co Debt-to-Equity Related Terms
PetroChina Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for PetroChina Co'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.
For the Oil & Gas Integrated subindustry, PetroChina Co'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.
PetroChina Co Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PetroChina Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where PetroChina Co'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.
PetroChina Co (FRA:PC6) has a Debt-to-Equity of 0.27 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PetroChina Co and its competitors. This is 27% below median its historical median of 0.37. Over the past decade, PetroChina Co's Debt-to-Equity has ranged from 0.22 to 0.54. According to the industry distribution chart, PetroChina Co ranks #280 out of 796 companies in the Oil & Gas industry, placing it in the top 35.2%.
Is PetroChina Co's Debt-to-Equity too high?
PetroChina Co's current Debt-to-Equity of 0.27 is 27% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.54. The Oil & Gas industry median Debt-to-Equity is 0.47. PetroChina Co's value of 0.27 is 41.9% below this industry median. Based on the distribution chart, PetroChina Co ranks #280 out of 796 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PetroChina Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PetroChina Co's Debt-to-Equity compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, PetroChina Co ranks #280 out of 796 companies for Debt-to-Equity. This puts PetroChina Co in the upper half of its industry. The industry median Debt-to-Equity is 0.47. PetroChina Co's value of 0.27 is 41.9% below this benchmark. Historically, PetroChina Co's own Debt-to-Equity has ranged from 0.22 to 0.54 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.47, PetroChina Co 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 an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 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. PetroChina Co's current Debt-to-Equity of 0.27 is 41.9% 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 PetroChina Co and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroChina Co's current Debt-to-Equity is 0.27, which is 27% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetroChina Co stock overvalued right now?
Based on GuruFocus' analysis, PetroChina Co (FRA:PC6) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.85, compared to a current price of €1.08 — trading 26.8% above its estimated fair value. The current Debt-to-Equity is 0.27, which is 27% below median its 10-year median of 0.37 and 41.9% below the Oil & Gas industry median of 0.47. PetroChina Co's overall GF Score™ is 65/100 with 2 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 PetroChina Co (FRA:PC6), the current Debt-to-Equity is 0.27 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 PetroChina Co (FRA:PC6) Overvalued in 2026?
Based on GuruFocus' analysis, PetroChina Co stock appears to be overvalued.
The current stock price of €1.08 is trading 26.8% above its estimated GF Value™ of €0.85.
GuruFocus considers PetroChina Co to be Modestly Overvalued.
Key valuation signals for FRA:PC6:
Debt-to-Equity: 0.27 (27% below median its 10-year median of 0.37)
GF Value™: €0.85 vs. price of €1.08 (26.8% above fair value)
Industry Position: 41.9% below the Oil & Gas median (#280 of 796)
No single metric tells the full story. See the FRA:PC6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2025, it produced more than 1.8 billion barrels of oil equivalent of oil and gas, and processed 1.4 billion barrels of crude oil. It also has more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 82%.
65GF Score
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