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Nationwide Building SocietyLSE:NBS 51 Debt-to-Equity is 2.79 as of Mar. 2026, which is 1% above its 10-year median of 2.77. GuruFocus rates LSE:NBS with a GF Score™ of 51/100 and a GF Value™ of £182.82 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,411 Banks companies, Nationwide Building Society ranks worse than 91.71% 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 Nationwide Building Society's Debt-to-Equity or its related term are showing as below:
LSE:NBS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.14 Med: 2.77 Max: 3.78
Current: 2.79
During the past 13 years, the highest Debt-to-Equity Ratio of Nationwide Building Society was 3.78. The lowest was 2.14. And the median was 2.77.
LSE:NBS's Debt-to-Equity is ranked worse than 91.71% of 1411
companies
in the Banks industry
Industry Median: 0.58
vs LSE:NBS: 2.79
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.
Nationwide Building Society Debt-to-Equity Related Terms
Nationwide Building Society 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.
Nationwide Building Society Debt-to-Equity Competitor Comparison
For the Banks - Regional subindustry, Nationwide Building Society'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.
Nationwide Building Society Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Nationwide Building Society's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nationwide Building Society'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.
Nationwide Building Society (LSE:NBS) has a Debt-to-Equity of 2.79 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nationwide Building Society and its competitors. This is near median its historical median of 2.77. Over the past decade, Nationwide Building Society's Debt-to-Equity has ranged from 2.14 to 3.78. According to the industry distribution chart, Nationwide Building Society ranks #1294 out of 1411 companies in the Banks industry, placing it in the top 91.7%.
Is Nationwide Building Society's Debt-to-Equity too high?
Nationwide Building Society's current Debt-to-Equity of 2.79 is near median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 3.78. The Banks industry median Debt-to-Equity is 0.58. Nationwide Building Society's value of 2.79 is 381% above this industry median. Based on the distribution chart, Nationwide Building Society ranks #1294 out of 1411 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Nationwide Building Society has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nationwide Building Society's Debt-to-Equity compare to competitors?
According to the Banks industry distribution chart, Nationwide Building Society ranks #1294 out of 1411 companies for Debt-to-Equity. This places Nationwide Building Society in the lower half of its industry. The industry median Debt-to-Equity is 0.58. Nationwide Building Society's value of 2.79 is 381% above this benchmark. Historically, Nationwide Building Society's own Debt-to-Equity has ranged from 2.14 to 3.78 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 0.58, Nationwide Building Society 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 Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,411 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. Nationwide Building Society's current Debt-to-Equity of 2.79 is 381% 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 Nationwide Building Society and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nationwide Building Society's current Debt-to-Equity is 2.79, which is near median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nationwide Building Society stock overvalued right now?
Based on GuruFocus' analysis, Nationwide Building Society (LSE:NBS) is currently considered Significantly Undervalued. The stock's GF Value™ is £182.82, compared to a current price of £127.00 — trading 30.5% below its estimated fair value. The current Debt-to-Equity is 2.79, which is near median its 10-year median of 2.77 and 381% above the Banks industry median of 0.58. Nationwide Building Society's overall GF Score™ is 51/100 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 Nationwide Building Society (LSE:NBS), the current Debt-to-Equity is 2.79 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 Nationwide Building Society (LSE:NBS) Overvalued in 2026?
Based on GuruFocus' analysis, Nationwide Building Society stock appears to be undervalued.
The current stock price of £127.00 is trading 30.5% below its estimated GF Value™ of £182.82.
GuruFocus considers Nationwide Building Society to be Significantly Undervalued.
Key valuation signals for LSE:NBS:
Debt-to-Equity: 2.79 (near median its 10-year median of 2.77)
GF Value™: £182.82 vs. price of £127.00 (30.5% below fair value)
Industry Position: 381% above the Banks median (#1294 of 1411)
No single metric tells the full story. See the LSE:NBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nationwide Building Society is engaged in providing financial services. Its products include current accounts, savings accounts, loans, credit cards, mortgages, investments, and insurance products.
51GF Score
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