Cebu AirPHS:CEB -0.34%80 Debt-to-Equity is 10.31 as of Mar. 2026, which is 344% above its 10-year median of 2.32. GuruFocus rates PHS:CEB with a GF Score™ of 80/100 and a GF Value™ of ₱49.15 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 908 Transportation companies, Cebu Air ranks worse than 98.79% 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 Cebu Air's Debt-to-Equity or its related term are showing as below:
PHS:CEB'
s Debt-to-Equity Range Over the Past 10 Years
Min: -137.74 Med: 2.32 Max: 157.51
Current: 10.31
During the past 13 years, the highest Debt-to-Equity Ratio of Cebu Air was 157.51. The lowest was -137.74. And the median was 2.32.
PHS:CEB's Debt-to-Equity is ranked worse than 98.79% of 908
companies
in the Transportation industry
Industry Median: 0.525
vs PHS:CEB: 10.31
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.
Cebu Air Debt-to-Equity Related Terms
Cebu Air Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Cebu Air'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.
PHS:CEB vs DAL, UAL, LUV: Debt-to-Equity Comparison
For the Airlines subindustry, Cebu Air'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.
Cebu Air Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Cebu Air's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cebu Air'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.
Cebu Air (PHS:CEB) has a Debt-to-Equity of 10.31 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cebu Air and its competitors. This is 344% above median its historical median of 2.32. According to the industry distribution chart, Cebu Air ranks #897 out of 908 companies in the Transportation industry, placing it in the top 98.8%.
Is Cebu Air's Debt-to-Equity too high?
Cebu Air's current Debt-to-Equity of 10.31 is 344% above median its 10-year median of 2.32. The Transportation industry median Debt-to-Equity is 0.53. Cebu Air's value of 10.31 is 1863.8% above this industry median. Based on the distribution chart, Cebu Air ranks #897 out of 908 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Cebu Air has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cebu Air's Debt-to-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Cebu Air ranks #897 out of 908 companies for Debt-to-Equity. This places Cebu Air in the lower half of its industry. The industry median Debt-to-Equity is 0.53. Cebu Air's value of 10.31 is 1863.8% above this benchmark. While the company's 10-year median is 2.32 vs. the industry median of 0.53, Cebu Air 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 908 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. Cebu Air's current Debt-to-Equity of 10.31 is 1863.8% 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 Cebu Air and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cebu Air's current Debt-to-Equity is 10.31, which is 344% above median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cebu Air stock overvalued right now?
Based on GuruFocus' analysis, Cebu Air (PHS:CEB) is currently considered Possible Value Trap. The stock's GF Value™ is ₱49.15, compared to a current price of ₱29.00 — trading 41% below its estimated fair value. The current Debt-to-Equity is 10.31, which is 344% above median its 10-year median of 2.32 and 1863.8% above the Transportation industry median of 0.53. Cebu Air's overall GF Score™ is 80/100 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 Cebu Air (PHS:CEB), the current Debt-to-Equity is 10.31 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 Cebu Air (PHS:CEB) Overvalued in 2026?
Based on GuruFocus' analysis, Cebu Air stock appears to be undervalued.
The current stock price of ₱29.00 is trading 41% below its estimated GF Value™ of ₱49.15.
GuruFocus considers Cebu Air to be Possible Value Trap.
Key valuation signals for PHS:CEB:
Debt-to-Equity: 10.31 (344% above median its 10-year median of 2.32)
GF Value™: ₱49.15 vs. price of ₱29.00 (41% below fair value)
Industry Position: 1863.8% above the Transportation median (#897 of 908)
No single metric tells the full story. See the PHS:CEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, has three reportable operating segments, which is the airline business (Parent Company, CEBGO and AirSWIFT), line, light and base maintenance business (A-Plus) and ground handling business (1Aviation). The revenue of the company was mainly derived from rendering transportation services, line, light and base maintenance services and ground handling services.
80GF Score
Get the complete analysis for PHS:CEB
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:CEB has been successfully added to your 
