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Prakash PipesNSE:PPL -0.52%84 Debt-to-Equity is 0.04 as of Mar. 2026, which is at its 10-year median of 0.04. GuruFocus rates NSE:PPL with a GF Score™ of 84/100 and a GF Value™ of ₹424.83 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,609 Construction companies, Prakash Pipes ranks better than 90.8% 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 Prakash Pipes's Debt-to-Equity or its related term are showing as below:
NSE:PPL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.11
Current: 0.04
During the past 9 years, the highest Debt-to-Equity Ratio of Prakash Pipes was 0.11. The lowest was 0.00. And the median was 0.04.
NSE:PPL's Debt-to-Equity is ranked better than 90.8% of 1609
companies
in the Construction industry
Industry Median: 0.41
vs NSE:PPL: 0.04
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.
Prakash Pipes Debt-to-Equity Related Terms
Prakash Pipes Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Prakash Pipes'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.
NSE:PPL vs TT, JCI, CARR: Debt-to-Equity Comparison
For the Building Products & Equipment subindustry, Prakash Pipes'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.
Prakash Pipes Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Prakash Pipes's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Prakash Pipes'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.
Prakash Pipes (NSE:PPL) has a Debt-to-Equity of 0.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Prakash Pipes and its competitors. This is near median its historical median of 0.04. According to the industry distribution chart, Prakash Pipes ranks #148 out of 1609 companies in the Construction industry, placing it in the top 9.2%.
Is Prakash Pipes' Debt-to-Equity too high?
Prakash Pipes' current Debt-to-Equity of 0.04 is near median its 10-year median of 0.04. The Construction industry median Debt-to-Equity is 0.41. Prakash Pipes' value of 0.04 is 90.2% below this industry median. Based on the distribution chart, Prakash Pipes ranks #148 out of 1609 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Prakash Pipes has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Prakash Pipes' Debt-to-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Prakash Pipes ranks #148 out of 1609 companies for Debt-to-Equity. This places Prakash Pipes in the top 9% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.41. Prakash Pipes' value of 0.04 is 90.2% below this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 0.41, Prakash Pipes has consistently been below 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,609 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. Prakash Pipes's current Debt-to-Equity of 0.04 is 90.2% 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 Prakash Pipes and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Pipes's current Debt-to-Equity is 0.04, which is near median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Pipes stock overvalued right now?
Based on GuruFocus' analysis, Prakash Pipes (NSE:PPL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹424.83, compared to a current price of ₹269.20 — trading 36.6% below its estimated fair value. The current Debt-to-Equity is 0.04, which is near median its 10-year median of 0.04 and 90.2% below the Construction industry median of 0.41. Prakash Pipes' overall GF Score™ is 84/100 with 7 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 Prakash Pipes (NSE:PPL), the current Debt-to-Equity is 0.04 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 Prakash Pipes (NSE:PPL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Pipes stock appears to be undervalued.
The current stock price of ₹269.20 is trading 36.6% below its estimated GF Value™ of ₹424.83.
GuruFocus considers Prakash Pipes to be Possible Value Trap.
Key valuation signals for NSE:PPL:
Debt-to-Equity: 0.04 (near median its 10-year median of 0.04)
GF Value™: ₹424.83 vs. price of ₹269.20 (36.6% below fair value)
Industry Position: 90.2% below the Construction median (#148 of 1609)
No single metric tells the full story. See the NSE:PPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Pipes Ltd is engaged in the manufacture of PVC pipes and fittings. It offers products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes, and their related Fittings. Its segments are PVC Pipe and fittings, and Flexible Packaging. It generates the majority of its revenue from PVC Pipe and fittings.
84GF Score
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