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Indorama Ventures PCLINDOY 56 Debt-to-Equity is 2.20 as of Mar. 2026, which is 58% above its 10-year median of 1.39. GuruFocus rates INDOY with a GF Score™ of 56/100 and a GF Value™ of $5.71. The stock has 9 warning signs investors should review. Among 1,421 Chemicals companies, Indorama Ventures PCL ranks worse than 95.78% 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 Indorama Ventures PCL's Debt-to-Equity or its related term are showing as below:
INDOY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.72 Med: 1.39 Max: 2.25
Current: 2.2
During the past 13 years, the highest Debt-to-Equity Ratio of Indorama Ventures PCL was 2.25. The lowest was 0.72. And the median was 1.39.
INDOY's Debt-to-Equity is ranked worse than 95.78% of 1421
companies
in the Chemicals industry
Industry Median: 0.36
vs INDOY: 2.20
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.
Indorama Ventures PCL Debt-to-Equity Related Terms
Indorama Ventures PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Indorama Ventures 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.
For the Chemicals subindustry, Indorama Ventures 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.
Indorama Ventures PCL Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Indorama Ventures 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.
Indorama Ventures PCL (INDOY) has a Debt-to-Equity of 2.20 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Indorama Ventures PCL and its competitors. This is 58% above median its historical median of 1.39. Over the past decade, Indorama Ventures PCL's Debt-to-Equity has ranged from 0.72 to 2.25. According to the industry distribution chart, Indorama Ventures PCL ranks #1361 out of 1421 companies in the Chemicals industry, placing it in the top 95.8%.
Is Indorama Ventures PCL's Debt-to-Equity too high?
Indorama Ventures PCL's current Debt-to-Equity of 2.20 is 58% above median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.25. The Chemicals industry median Debt-to-Equity is 0.36. Indorama Ventures PCL's value of 2.20 is 511.1% above this industry median. Based on the distribution chart, Indorama Ventures PCL ranks #1361 out of 1421 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Indorama Ventures PCL has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Indorama Ventures PCL's Debt-to-Equity compare to DOW?
According to the Chemicals industry distribution chart, Indorama Ventures PCL ranks #1361 out of 1421 companies for Debt-to-Equity. This places Indorama Ventures PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Indorama Ventures PCL's value of 2.20 is 511.1% above this benchmark. Historically, Indorama Ventures PCL's own Debt-to-Equity has ranged from 0.72 to 2.25 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 0.36, Indorama Ventures 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 a Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,421 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. Indorama Ventures PCL's current Debt-to-Equity of 2.20 is 511.1% 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 Indorama Ventures PCL and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indorama Ventures PCL's current Debt-to-Equity is 2.20, which is 58% above median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indorama Ventures PCL stock overvalued right now?
Indorama Ventures PCL (INDOY) has a current Debt-to-Equity of 2.20. The stock's GF Value™ is $5.71, compared to a current price of $7.03 — trading 23.1% above its estimated fair value. The current Debt-to-Equity is 2.20, which is 58% above median its 10-year median of 1.39 and 511.1% above the Chemicals industry median of 0.36. Indorama Ventures PCL's overall GF Score™ is 56/100 with 9 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 Indorama Ventures PCL (INDOY), the current Debt-to-Equity is 2.20 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 Indorama Ventures PCL (INDOY) Overvalued in 2026?
Based on GuruFocus' analysis, Indorama Ventures PCL stock appears to be overvalued.
The current stock price of $7.03 is trading 23.1% above its estimated GF Value™ of $5.71.
Key valuation signals for INDOY:
Debt-to-Equity: 2.20 (58% above median its 10-year median of 1.39)
GF Value™: $5.71 vs. price of $7.03 (23.1% above fair value)
Industry Position: 511.1% above the Chemicals median (#1361 of 1421)
No single metric tells the full story. See the INDOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives and Fibers. The maximum revenue is derived from the Combined PET segment.
56GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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