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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.
Indian Overseas BankNSE:IOB -1.55%62 Debt-to-Equity is 1.21 as of Jun. 2026, which is 57% above its 10-year median of 0.77. GuruFocus rates NSE:IOB with a GF Score™ of 62/100 and a GF Value™ of ₹50.30 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,422 Banks companies, Indian Overseas Bank ranks worse than 71.8% 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 Indian Overseas Bank's Debt-to-Equity or its related term are showing as below:
NSE:IOB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.77 Max: 1.49
Current: 1.21
During the past 13 years, the highest Debt-to-Equity Ratio of Indian Overseas Bank was 1.49. The lowest was 0.14. And the median was 0.77.
NSE:IOB's Debt-to-Equity is ranked worse than 71.8% of 1422
companies
in the Banks industry
Industry Median: 0.58
vs NSE:IOB: 1.21
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.
Indian Overseas Bank Debt-to-Equity Related Terms
Indian Overseas Bank Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Indian Overseas Bank'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.
Indian Overseas Bank Debt-to-Equity Competitor Comparison
For the Banks - Regional subindustry, Indian Overseas Bank'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.
Indian Overseas Bank Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Indian Overseas Bank's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Indian Overseas Bank'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.
Indian Overseas Bank (NSE:IOB) has a Debt-to-Equity of 1.21 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Indian Overseas Bank and its competitors. This is 57% above median its historical median of 0.77. Over the past decade, Indian Overseas Bank's Debt-to-Equity has ranged from 0.14 to 1.49. According to the industry distribution chart, Indian Overseas Bank ranks #1021 out of 1422 companies in the Banks industry, placing it in the top 71.8%.
Is Indian Overseas Bank's Debt-to-Equity too high?
Indian Overseas Bank's current Debt-to-Equity of 1.21 is 57% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.49. The Banks industry median Debt-to-Equity is 0.58. Indian Overseas Bank's value of 1.21 is 108.6% above this industry median. Based on the distribution chart, Indian Overseas Bank ranks #1021 out of 1422 companies in the Banks industry, which is below the industry midpoint. Overall, Indian Overseas Bank has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Overseas Bank's Debt-to-Equity compare to competitors?
According to the Banks industry distribution chart, Indian Overseas Bank ranks #1021 out of 1422 companies for Debt-to-Equity. This places Indian Overseas Bank in the lower half of its industry. The industry median Debt-to-Equity is 0.58. Indian Overseas Bank's value of 1.21 is 108.6% above this benchmark. Historically, Indian Overseas Bank's own Debt-to-Equity has ranged from 0.14 to 1.49 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.58, Indian Overseas Bank 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 1,422 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. Indian Overseas Bank's current Debt-to-Equity of 1.21 is 108.6% 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 Indian Overseas Bank 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. Indian Overseas Bank's current Debt-to-Equity is 1.21, which is 57% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Overseas Bank stock overvalued right now?
Based on GuruFocus' analysis, Indian Overseas Bank (NSE:IOB) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹50.30, compared to a current price of ₹34.26 — trading 31.9% below its estimated fair value. The current Debt-to-Equity is 1.21, which is 57% above median its 10-year median of 0.77 and 108.6% above the Banks industry median of 0.58. Indian Overseas Bank's overall GF Score™ is 62/100 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 Indian Overseas Bank (NSE:IOB), the current Debt-to-Equity is 1.21 as of Jun. 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 Indian Overseas Bank (NSE:IOB) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Overseas Bank stock appears to be undervalued.
The current stock price of ₹34.26 is trading 31.9% below its estimated GF Value™ of ₹50.30.
GuruFocus considers Indian Overseas Bank to be Significantly Undervalued.
Key valuation signals for NSE:IOB:
Debt-to-Equity: 1.21 (57% above median its 10-year median of 0.77)
GF Value™: ₹50.30 vs. price of ₹34.26 (31.9% below fair value)
Industry Position: 108.6% above the Banks median (#1021 of 1422)
No single metric tells the full story. See the NSE:IOB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Overseas Bank is engaged in the banking sector. The bank is based in India and has branches in several Asian countries. The bank's business segments are Treasury Segment includes the entire investment portfolio and trading in foreign exchange contracts and derivative contracts; Corporate/Wholesale Banking segment comprises the lending activities of borrowers having exposure of seven Crores and above; Retail Banking include exposures which fulfil the four criteria of orientation, product, granularity, and low value of individual exposures for retail exposures; Digital Banking Segment as a sub-segment of Retail Banking Segment; and Other Banking Operations Segments which are not covered above. Majority of income comes from Retail Banking. It generates majority of income from Domestic.
62GF 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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