PBKOF (Pollard Banknote) Debt-to-Equity: 0.45 (As of Mar. 2026) — 33% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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.

PBKOF Pollard Banknote Ltd PBKOF
72 GF Score
Price $12.47
GF Value $20.49
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Pollard Banknote Debt-to-Equity?

Pollard Banknote PBKOF 72 Debt-to-Equity is 0.45 as of Mar. 2026, which is 33% below its 10-year median of 0.67. GuruFocus rates PBKOF with a GF Score™ of 72/100 and a GF Value™ of $20.49 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 722 Travel & Leisure companies, Pollard Banknote ranks worse than 52.08% on this metric.

Pollard Banknote's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4.2 Mil. Pollard Banknote's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $119.8 Mil. Pollard Banknote's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $274.4 Mil. Pollard Banknote's debt to equity for the quarter that ended in Mar. 2026 was 0.45.

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 Pollard Banknote's Debt-to-Equity or its related term are showing as below:

PBKOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45   Med: 0.67   Max: 1.76
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Pollard Banknote was 1.76. The lowest was 0.45. And the median was 0.67.

PBKOF's Debt-to-Equity is ranked worse than
52.08% of 722 companies
in the Travel & Leisure industry
Industry Median: 0.42 vs PBKOF: 0.45

Pollard Banknote  (OTCPK:PBKOF) 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.


Pollard Banknote Debt-to-Equity Related Terms


Pollard Banknote Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Pollard Banknote'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.

Pollard Banknote Debt-to-Equity Chart

Pollard Banknote 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 0.64 0.54 0.50 0.50 0.46

Pollard Banknote 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 0.62 0.57 0.52 0.46 0.45

PBKOF vs FLUT, DKNG, SGHC: Debt-to-Equity Comparison

For the Gambling subindustry, Pollard Banknote'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.


Pollard Banknote Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pollard Banknote's Debt-to-Equity falls into.


PBKOF
72GF Score
Pollard Banknote Ltd PBKOF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Pollard Banknote Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pollard Banknote's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Pollard Banknote'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 0.45 mean?
Pollard Banknote (PBKOF) has a Debt-to-Equity of 0.45 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pollard Banknote and its competitors. This is 33% below median its historical median of 0.67. Over the past decade, Pollard Banknote's Debt-to-Equity has ranged from 0.45 to 1.76. According to the industry distribution chart, Pollard Banknote ranks #376 out of 722 companies in the Travel & Leisure industry, placing it in the top 52.1%.
Is Pollard Banknote's Debt-to-Equity too high?
Pollard Banknote's current Debt-to-Equity of 0.45 is 33% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.76. The Travel & Leisure industry median Debt-to-Equity is 0.42. Pollard Banknote's value of 0.45 is 7.1% above this industry median. Based on the distribution chart, Pollard Banknote ranks #376 out of 722 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Pollard Banknote has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pollard Banknote's Debt-to-Equity compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Pollard Banknote ranks #376 out of 722 companies for Debt-to-Equity. This places Pollard Banknote in the lower half of its industry. The industry median Debt-to-Equity is 0.42. Pollard Banknote's value of 0.45 is 7.1% above this benchmark. Historically, Pollard Banknote's own Debt-to-Equity has ranged from 0.45 to 1.76 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.42, Pollard Banknote 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.42, based on 722 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. Pollard Banknote's current Debt-to-Equity of 0.45 is 7.1% 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 Pollard Banknote and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pollard Banknote's current Debt-to-Equity is 0.45, which is 33% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pollard Banknote stock overvalued right now?
Based on GuruFocus' analysis, Pollard Banknote (PBKOF) is currently considered Significantly Undervalued. The stock's GF Value™ is $20.49, compared to a current price of $12.47 — trading 39.1% below its estimated fair value. The current Debt-to-Equity is 0.45, which is 33% below median its 10-year median of 0.67 and 7.1% above the Travel & Leisure industry median of 0.42. Pollard Banknote's overall GF Score™ is 72/100 with 5 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 Pollard Banknote (PBKOF), the current Debt-to-Equity is 0.45 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 Pollard Banknote (PBKOF) Overvalued in 2026?

Based on GuruFocus' analysis, Pollard Banknote stock appears to be undervalued. The current stock price of $12.47 is trading 39.1% below its estimated GF Value™ of $20.49. GuruFocus considers Pollard Banknote to be Significantly Undervalued.

Key valuation signals for PBKOF:

  • Debt-to-Equity: 0.45 (33% below median its 10-year median of 0.67)
  • GF Value™: $20.49 vs. price of $12.47 (39.1% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 7.1% above the Travel & Leisure median (#376 of 722)

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


Pollard Banknote Business Description

Other Exchanges 67L:GermanyPBL:Canada
Address 140 Otter Street, Winnipeg, MB, CAN, R3T 0M8
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has one reportable segment, which comprises its four operating segments which includes Lotteries, Charitable gaming, eGaming systems, and Retail. The company has its geographic presence in Canada, United States and International. It generates majority of its revenue from United States.
72GF Score

Get the complete analysis for PBKOF

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

$12.47
Price
$20.49
GF Value