PT Pelangi Indah Canindo Tbk (ISX:PICO) Debt-to-Equity: 0.51 (As of Mar. 2026) — 56% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

ISX:PICO PT Pelangi Indah Canindo Tbk ISX:PICO
65 GF Score
Price Rp127.00
GF Value Rp163.53
Valuation Modestly Undervalued
! 3 Warning Signs
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What is PT Pelangi Indah Canindo Tbk Debt-to-Equity?

PT Pelangi Indah Canindo Tbk ISX:PICO +0.79% 65 Debt-to-Equity is 0.51 as of Mar. 2026, which is 56% below its 10-year median of 1.15. GuruFocus rates ISX:PICO with a GF Score™ of 65/100 and a GF Value™ of Rp163.53 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 363 Packaging & Containers companies, PT Pelangi Indah Canindo Tbk ranks worse than 55.37% on this metric.

PT Pelangi Indah Canindo Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp73,948 Mil. PT Pelangi Indah Canindo Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp33,291 Mil. PT Pelangi Indah Canindo Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2026 was Rp211,235 Mil. PT Pelangi Indah Canindo Tbk's debt to equity for the quarter that ended in Mar. 2026 was 0.51.

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 PT Pelangi Indah Canindo Tbk's Debt-to-Equity or its related term are showing as below:

ISX:PICO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44   Med: 1.15   Max: 2.78
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of PT Pelangi Indah Canindo Tbk was 2.78. The lowest was 0.44. And the median was 1.15.

ISX:PICO's Debt-to-Equity is ranked worse than
55.37% of 363 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs ISX:PICO: 0.51

PT Pelangi Indah Canindo Tbk  (ISX:PICO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


PT Pelangi Indah Canindo Tbk Debt-to-Equity Related Terms


PT Pelangi Indah Canindo Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Pelangi Indah Canindo Tbk'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.

PT Pelangi Indah Canindo Tbk Debt-to-Equity Chart

PT Pelangi Indah Canindo Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 0.59 0.56 0.63 0.51

PT Pelangi Indah Canindo Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.51 0.51 0.51 0.51

ISX:PICO vs SW, PKG, IP: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, PT Pelangi Indah Canindo Tbk'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.


PT Pelangi Indah Canindo Tbk Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Pelangi Indah Canindo Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Pelangi Indah Canindo Tbk's Debt-to-Equity falls into.


ISX:PICO
65GF Score
PT Pelangi Indah Canindo Tbk ISX:PICO
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Pelangi Indah Canindo Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Pelangi Indah Canindo Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

PT Pelangi Indah Canindo Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.51 mean?
PT Pelangi Indah Canindo Tbk (ISX:PICO) has a Debt-to-Equity of 0.51 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Pelangi Indah Canindo Tbk and its competitors. This is 56% below median its historical median of 1.15. Over the past decade, PT Pelangi Indah Canindo Tbk's Debt-to-Equity has ranged from 0.44 to 2.78. According to the industry distribution chart, PT Pelangi Indah Canindo Tbk ranks #201 out of 363 companies in the Packaging & Containers industry, placing it in the top 55.4%.
Is PT Pelangi Indah Canindo Tbk's Debt-to-Equity too high?
PT Pelangi Indah Canindo Tbk's current Debt-to-Equity of 0.51 is 56% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 2.78. The Packaging & Containers industry median Debt-to-Equity is 0.43. PT Pelangi Indah Canindo Tbk's value of 0.51 is 18.6% above this industry median. Based on the distribution chart, PT Pelangi Indah Canindo Tbk ranks #201 out of 363 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, PT Pelangi Indah Canindo Tbk has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pelangi Indah Canindo Tbk's Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PT Pelangi Indah Canindo Tbk ranks #201 out of 363 companies for Debt-to-Equity. This places PT Pelangi Indah Canindo Tbk in the lower half of its industry. The industry median Debt-to-Equity is 0.43. PT Pelangi Indah Canindo Tbk's value of 0.51 is 18.6% above this benchmark. Historically, PT Pelangi Indah Canindo Tbk's own Debt-to-Equity has ranged from 0.44 to 2.78 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 0.43, PT Pelangi Indah Canindo Tbk 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 Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 363 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. PT Pelangi Indah Canindo Tbk's current Debt-to-Equity of 0.51 is 18.6% 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 PT Pelangi Indah Canindo Tbk and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Pelangi Indah Canindo Tbk's current Debt-to-Equity is 0.51, which is 56% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pelangi Indah Canindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk (ISX:PICO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp163.53, compared to a current price of Rp127.00 — trading 22.3% below its estimated fair value. The current Debt-to-Equity is 0.51, which is 56% below median its 10-year median of 1.15 and 18.6% above the Packaging & Containers industry median of 0.43. PT Pelangi Indah Canindo Tbk's overall GF Score™ is 65/100 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 PT Pelangi Indah Canindo Tbk (ISX:PICO), the current Debt-to-Equity is 0.51 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 PT Pelangi Indah Canindo Tbk (ISX:PICO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Pelangi Indah Canindo Tbk stock appears to be undervalued. The current stock price of Rp127.00 is trading 22.3% below its estimated GF Value™ of Rp163.53. GuruFocus considers PT Pelangi Indah Canindo Tbk to be Modestly Undervalued.

Key valuation signals for ISX:PICO:

  • Debt-to-Equity: 0.51 (56% below median its 10-year median of 1.15)
  • GF Value™: Rp163.53 vs. price of Rp127.00 (22.3% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 18.6% above the Packaging & Containers median (#201 of 363)

No single metric tells the full story. See the ISX:PICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Pelangi Indah Canindo Tbk Business Description

Address Jalan Daan Mogot Km. 14 No. 700, Kecamatan Kalideres, Jakarta Barat, Jakarta, IDN, 11840
PT Pelangi Indah Canindo Tbk is an Indonesia-based company that engages in the production of metal packaging. The company is in the business of the metal packaging industry in Indonesia for a variety of drum products, liquefied petroleum gas (LPG) tubes, and canned packaging. Its production facilities are in Cimone, Cikupa and Balaraja (Tangerang) and Cilacap. The company's segment includes Steel drum, Steel and component, Plastic drum, Metal printing, Pall can, and Others. The company generates the majority of its revenue from the Steel drum segment.
65GF Score

Get the complete analysis for ISX:PICO

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp127.00
Price
Rp163.53
GF Value