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ITCLUX:ITC 81 Debt-to-Equity is 0.03 as of Mar. 2026. GuruFocus rates LUX:ITC with a GF Score™ of 81/100 and a GF Value™ of $9.05. The stock has 1 warning sign investors should review. Among 35 Tobacco Products companies, ITC ranks better than 88.57% 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 ITC's Debt-to-Equity or its related term are showing as below:
LUX:ITC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.03
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of ITC was 0.03. The lowest was 0.00. And the median was 0.00.
LUX:ITC's Debt-to-Equity is ranked better than 88.57% of 35
companies
in the Tobacco Products industry
Industry Median: 0.37
vs LUX:ITC: 0.03
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.
ITC Debt-to-Equity Related Terms
ITC Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for ITC'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 Tobacco subindustry, ITC'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.
ITC Debt-to-Equity vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, ITC's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where ITC'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.
ITC (LUX:ITC) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ITC and its competitors. According to the industry distribution chart, ITC ranks #4 out of 35 companies in the Tobacco Products industry, placing it in the top 11.4%.
Is ITC's Debt-to-Equity too high?
ITC's current Debt-to-Equity is 0.03. The Tobacco Products industry median Debt-to-Equity is 0.37. ITC's value of 0.03 is 91.9% below this industry median. Based on the distribution chart, ITC ranks #4 out of 35 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, ITC has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does ITC's Debt-to-Equity compare to PM and MO?
According to the Tobacco Products industry distribution chart, ITC ranks #4 out of 35 companies for Debt-to-Equity. This places ITC in the top 11% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.37. ITC's value of 0.03 is 91.9% below this benchmark. 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 Tobacco Products company?
The median Debt-to-Equity among Tobacco Products companies is 0.37, based on 35 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. ITC's current Debt-to-Equity of 0.03 is 91.9% 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 ITC and its competitors. For the Tobacco Products industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITC's current Debt-to-Equity is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITC stock overvalued right now?
ITC (LUX:ITC) has a current Debt-to-Equity of 0.03. The stock's GF Value™ is $9.05, compared to a current price of $5.50 — trading 39.2% below its estimated fair value. The current Debt-to-Equity is 0.03 and 91.9% below the Tobacco Products industry median of 0.37. ITC's overall GF Score™ is 81/100 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 ITC (LUX:ITC), the current Debt-to-Equity is 0.03 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 ITC (LUX:ITC) Overvalued in 2026?
Based on GuruFocus' analysis, ITC stock appears to be undervalued.
The current stock price of $5.50 is trading 39.2% below its estimated GF Value™ of $9.05.
Key valuation signals for LUX:ITC:
Debt-to-Equity: 0.03
GF Value™: $9.05 vs. price of $5.50 (39.2% below fair value)
Industry Position: 91.9% below the Tobacco Products median (#4 of 35)
No single metric tells the full story. See the LUX:ITC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITC Ltd is an Indian conglomerate that predominantly operates in the consumer goods space, particularly cigarettes. The company operates in three main business segments: Fast Moving Consumer Goods; Paperboards, Paper, and Packaging; and Agri-Business. The company's total revenue comes from the Fast Moving Consumer Goods Business, which is dominated by cigarettes but also includes branded packaged foods, personal care products, and other categories. The company generates the vast majority of its revenue in India.
81GF Score
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