Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
JG Summit HoldingsPHS:JGS +0.21%93 Debt-to-Equity is 1.50 as of Mar. 2026, which is 46% above its 10-year median of 1.03. GuruFocus rates PHS:JGS with a GF Score™ of 93/100 and a GF Value™ of ₱28.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 515 Conglomerates companies, JG Summit Holdings ranks worse than 82.52% 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 JG Summit Holdings's Debt-to-Equity or its related term are showing as below:
PHS:JGS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83 Med: 1.03 Max: 1.53
Current: 1.5
During the past 13 years, the highest Debt-to-Equity Ratio of JG Summit Holdings was 1.53. The lowest was 0.83. And the median was 1.03.
PHS:JGS's Debt-to-Equity is ranked worse than 82.52% of 515
companies
in the Conglomerates industry
Industry Median: 0.54
vs PHS:JGS: 1.50
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.
JG Summit Holdings Debt-to-Equity Related Terms
JG Summit Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for JG Summit Holdings'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.
For the Conglomerates subindustry, JG Summit Holdings'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.
JG Summit Holdings Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, JG Summit Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where JG Summit Holdings'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.
JG Summit Holdings (PHS:JGS) has a Debt-to-Equity of 1.50 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on JG Summit Holdings and its competitors. This is 46% above median its historical median of 1.03. Over the past decade, JG Summit Holdings' Debt-to-Equity has ranged from 0.83 to 1.53. According to the industry distribution chart, JG Summit Holdings ranks #425 out of 515 companies in the Conglomerates industry, placing it in the top 82.5%.
Is JG Summit Holdings' Debt-to-Equity too high?
JG Summit Holdings' current Debt-to-Equity of 1.50 is 46% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.53. The Conglomerates industry median Debt-to-Equity is 0.54. JG Summit Holdings' value of 1.50 is 177.8% above this industry median. Based on the distribution chart, JG Summit Holdings ranks #425 out of 515 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, JG Summit Holdings has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JG Summit Holdings' Debt-to-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, JG Summit Holdings ranks #425 out of 515 companies for Debt-to-Equity. This places JG Summit Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.54. JG Summit Holdings' value of 1.50 is 177.8% above this benchmark. Historically, JG Summit Holdings' own Debt-to-Equity has ranged from 0.83 to 1.53 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 0.54, JG Summit Holdings 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 Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.54, based on 515 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. JG Summit Holdings's current Debt-to-Equity of 1.50 is 177.8% 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 JG Summit Holdings and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JG Summit Holdings's current Debt-to-Equity is 1.50, which is 46% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JG Summit Holdings stock overvalued right now?
Based on GuruFocus' analysis, JG Summit Holdings (PHS:JGS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱28.27, compared to a current price of ₱24.35 — trading 13.9% below its estimated fair value. The current Debt-to-Equity is 1.50, which is 46% above median its 10-year median of 1.03 and 177.8% above the Conglomerates industry median of 0.54. JG Summit Holdings' overall GF Score™ is 93/100 with 3 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 JG Summit Holdings (PHS:JGS), the current Debt-to-Equity is 1.50 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 JG Summit Holdings (PHS:JGS) Overvalued in 2026?
Based on GuruFocus' analysis, JG Summit Holdings stock appears to be undervalued.
The current stock price of ₱24.35 is trading 13.9% below its estimated GF Value™ of ₱28.27.
GuruFocus considers JG Summit Holdings to be Modestly Undervalued.
Key valuation signals for PHS:JGS:
Debt-to-Equity: 1.50 (46% above median its 10-year median of 1.03)
GF Value™: ₱28.27 vs. price of ₱24.35 (13.9% below fair value)
Industry Position: 177.8% above the Conglomerates median (#425 of 515)
No single metric tells the full story. See the PHS:JGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JG Summit Holdings Inc is a diversified Filipino conglomerate, engaged in food, agro-industrial, and commodities, real estate and hotel, air transportation, banking, and petrochemicals. The company also has investments in telecommunications and power generation, and distribution. It also has a branded consumer foods business in China, ASEAN, and an investment in a property development company in Singapore. The Group conducts businesses throughout the Philippines, around Metro Manila, and in the regions of Luzon, Visayas, and Mindanao.
93GF Score
Get the complete analysis for PHS:JGS
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:JGS has been successfully added to your 
