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Philippine National BankPHS:PNB +0.97%73 Debt-to-Equity is 0.21 as of Mar. 2026, which is 48% below its 10-year median of 0.40. GuruFocus rates PHS:PNB with a GF Score™ of 73/100 and a GF Value™ of ₱32.09 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,421 Banks companies, Philippine National Bank ranks better than 76% 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 Philippine National Bank's Debt-to-Equity or its related term are showing as below:
PHS:PNB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.4 Max: 1.14
Current: 0.21
During the past 13 years, the highest Debt-to-Equity Ratio of Philippine National Bank was 1.14. The lowest was 0.11. And the median was 0.40.
PHS:PNB's Debt-to-Equity is ranked better than 76% of 1421
companies
in the Banks industry
Industry Median: 0.58
vs PHS:PNB: 0.21
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.
Philippine National Bank Debt-to-Equity Related Terms
Philippine National Bank Debt-to-Equity Historical Data
* 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.
Philippine National Bank Debt-to-Equity Competitor Comparison
For the Banks - Regional subindustry, Philippine National Bank'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.
Philippine National Bank Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Philippine National Bank's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Philippine National Bank'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.
Philippine National Bank (PHS:PNB) has a Debt-to-Equity of 0.21 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Philippine National Bank and its competitors. This is 48% below median its historical median of 0.40. Over the past decade, Philippine National Bank's Debt-to-Equity has ranged from 0.11 to 1.14. According to the industry distribution chart, Philippine National Bank ranks #341 out of 1421 companies in the Banks industry, placing it in the top 24%.
Is Philippine National Bank's Debt-to-Equity too high?
Philippine National Bank's current Debt-to-Equity of 0.21 is 48% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.14. The Banks industry median Debt-to-Equity is 0.58. Philippine National Bank's value of 0.21 is 63.8% below this industry median. Based on the distribution chart, Philippine National Bank ranks #341 out of 1421 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Philippine National Bank has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philippine National Bank's Debt-to-Equity compare to competitors?
According to the Banks industry distribution chart, Philippine National Bank ranks #341 out of 1421 companies for Debt-to-Equity. This places Philippine National Bank in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.58. Philippine National Bank's value of 0.21 is 63.8% below this benchmark. Historically, Philippine National Bank's own Debt-to-Equity has ranged from 0.11 to 1.14 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.58, Philippine National Bank 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 Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,421 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. Philippine National Bank's current Debt-to-Equity of 0.21 is 63.8% 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 Philippine National Bank and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philippine National Bank's current Debt-to-Equity is 0.21, which is 48% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine National Bank stock overvalued right now?
Based on GuruFocus' analysis, Philippine National Bank (PHS:PNB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱32.09, compared to a current price of ₱62.60 — trading 95.1% above its estimated fair value. The current Debt-to-Equity is 0.21, which is 48% below median its 10-year median of 0.40 and 63.8% below the Banks industry median of 0.58. Philippine National Bank's overall GF Score™ is 73/100 with 1 warning sign 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 Philippine National Bank (PHS:PNB), the current Debt-to-Equity is 0.21 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 Philippine National Bank (PHS:PNB) Overvalued in 2026?
Based on GuruFocus' analysis, Philippine National Bank stock appears to be overvalued.
The current stock price of ₱62.60 is trading 95.1% above its estimated GF Value™ of ₱32.09.
GuruFocus considers Philippine National Bank to be Significantly Overvalued.
Key valuation signals for PHS:PNB:
Debt-to-Equity: 0.21 (48% below median its 10-year median of 0.40)
GF Value™: ₱32.09 vs. price of ₱62.60 (95.1% above fair value)
Industry Position: 63.8% below the Banks median (#341 of 1421)
No single metric tells the full story. See the PHS:PNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Philippine National Bank provides a full range of banking and other financial services, which include deposit-taking, lending, bills discounting, trade finance, foreign exchange dealings, treasury operations, wealth management, fund transfers, remittance and trust services. Business segments are Retail Banking which principally handling individual customers deposits, and providing consumer type loans; Corporate Banking which principally handling loans and other credit facilities and deposit; Treasury which principally providing money market, treasury services; Other Segments. The company generates majority of interest from Retail Banking. It has presence in Philippines, Asia (excluding Philippines), USA and Canada, United Kingdom of which majority of revenue comes from Philippines.
73GF Score
Get the complete analysis for PHS:PNB
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