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Pennon GroupPEGRF +2.31%76 Debt-to-Equity is 3.47 as of Mar. 2026, which is 48% above its 10-year median of 2.34. GuruFocus rates PEGRF with a GF Score™ of 76/100 and a GF Value™ of $6.26 (Fairly Valued). The stock has 9 warning signs investors should review. Among 473 Utilities - Regulated companies, Pennon Group ranks worse than 94.08% 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 Pennon Group's Debt-to-Equity or its related term are showing as below:
PEGRF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.96 Med: 2.34 Max: 3.47
Current: 3.47
During the past 13 years, the highest Debt-to-Equity Ratio of Pennon Group was 3.47. The lowest was 0.96. And the median was 2.34.
PEGRF's Debt-to-Equity is ranked worse than 94.08% of 473
companies
in the Utilities - Regulated industry
Industry Median: 0.98
vs PEGRF: 3.47
Pennon Group (OTCPK:PEGRF) Debt-to-Equity Explanation
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.
Pennon Group Debt-to-Equity Related Terms
Pennon Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Pennon Group'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.
PEGRF vs AWK, WTRG, AWR: Debt-to-Equity Comparison
For the Utilities - Regulated Water subindustry, Pennon Group'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.
Pennon Group Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pennon Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pennon Group'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.
Pennon Group (PEGRF) has a Debt-to-Equity of 3.47 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pennon Group and its competitors. This is 48% above median its historical median of 2.34. Over the past decade, Pennon Group's Debt-to-Equity has ranged from 0.96 to 3.47. According to the industry distribution chart, Pennon Group ranks #445 out of 473 companies in the Utilities - Regulated industry, placing it in the top 94.1%.
Is Pennon Group's Debt-to-Equity too high?
Pennon Group's current Debt-to-Equity of 3.47 is 48% above median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 3.47. The Utilities - Regulated industry median Debt-to-Equity is 0.98. Pennon Group's value of 3.47 is 254.1% above this industry median. Based on the distribution chart, Pennon Group ranks #445 out of 473 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Pennon Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pennon Group's Debt-to-Equity compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Pennon Group ranks #445 out of 473 companies for Debt-to-Equity. This places Pennon Group in the lower half of its industry. The industry median Debt-to-Equity is 0.98. Pennon Group's value of 3.47 is 254.1% above this benchmark. Historically, Pennon Group's own Debt-to-Equity has ranged from 0.96 to 3.47 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 0.98, Pennon Group 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 an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 473 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. Pennon Group's current Debt-to-Equity of 3.47 is 254.1% 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 Pennon Group and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pennon Group's current Debt-to-Equity is 3.47, which is 48% above median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pennon Group stock overvalued right now?
Based on GuruFocus' analysis, Pennon Group (PEGRF) is currently considered Fairly Valued. The stock's GF Value™ is $6.26, compared to a current price of $6.65 — trading 6.2% above its estimated fair value. The current Debt-to-Equity is 3.47, which is 48% above median its 10-year median of 2.34 and 254.1% above the Utilities - Regulated industry median of 0.98. Pennon Group's overall GF Score™ is 76/100 with 9 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 Pennon Group (PEGRF), the current Debt-to-Equity is 3.47 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 Pennon Group (PEGRF) Overvalued in 2026?
Based on GuruFocus' analysis, Pennon Group stock appears to be overvalued.
The current stock price of $6.65 is trading 6.2% above its estimated GF Value™ of $6.26.
GuruFocus considers Pennon Group to be Fairly Valued.
Key valuation signals for PEGRF:
Debt-to-Equity: 3.47 (48% above median its 10-year median of 2.34)
GF Value™: $6.26 vs. price of $6.65 (6.2% above fair value)
Industry Position: 254.1% above the Utilities - Regulated median (#445 of 473)
No single metric tells the full story. See the PEGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pennon Group PLC is a British water and environmental utility infrastructure company that operates mainly in the United Kingdom. It has smaller operations in the European Union, China, and other countries. The company operates through Water, Non-household retail, and other segments. The water business comprises the regulated water and wastewater services undertaken by South West Water. The non-household retail business comprises the services provided by Pennon Water Services in the non-household water and wastewater retail market. The majority of revenue is derived from the water division.
76GF Score
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