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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 Planet Green Holdings's Debt-to-Equity or its related term are showing as below:
PLAG'
s Debt-to-Equity Range Over the Past 10 Years
Min: -20.23 Med: 0.14 Max: 1.2
Current: -3.09
During the past 13 years, the highest Debt-to-Equity Ratio of Planet Green Holdings was 1.20. The lowest was -20.23. And the median was 0.14.
PLAG's Debt-to-Equity is not ranked
in the Conglomerates industry.
Industry Median: 0.55
vs PLAG: -3.09
Planet Green Holdings (AMEX:PLAG) 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.
Planet Green Holdings Debt-to-Equity Related Terms
Planet Green Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Planet Green 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.
PLAG vs HHS, PTEEF, FSTF: Debt-to-Equity Comparison
For the Conglomerates subindustry, Planet Green 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.
Planet Green Holdings Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Planet Green Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Planet Green 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.
Planet Green Holdings (PLAG) has a Debt-to-Equity of -3.09 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Planet Green Holdings and its competitors. According to the industry distribution chart, Planet Green Holdings ranks #999999 out of 516 companies in the Conglomerates industry.
Is Planet Green Holdings' Debt-to-Equity too high?
Planet Green Holdings' current Debt-to-Equity is -3.09. Based on the distribution chart, Planet Green Holdings ranks #999999 out of 516 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Planet Green Holdings has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Planet Green Holdings' Debt-to-Equity compare to HHS and PTEEF?
According to the Conglomerates industry distribution chart, Planet Green Holdings ranks #999999 out of 516 companies for Debt-to-Equity. This places Planet Green Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.55. 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 0.55, based on 516 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. 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 Planet Green Holdings and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Green Holdings's current Debt-to-Equity is -3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Green Holdings stock overvalued right now?
Based on GuruFocus' analysis, Planet Green Holdings (PLAG) is currently considered Possible Value Trap. The stock's GF Value™ is $1.27, compared to a current price of $0.71 — trading 44.2% below its estimated fair value. The current Debt-to-Equity is -3.09. Planet Green Holdings' overall GF Score™ is 45/100 with 8 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 Planet Green Holdings (PLAG), the current Debt-to-Equity is -3.09 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 Planet Green Holdings (PLAG) Overvalued in 2026?
Based on GuruFocus' analysis, Planet Green Holdings stock appears to be undervalued.
The current stock price of $0.71 is trading 44.2% below its estimated GF Value™ of $1.27.
GuruFocus considers Planet Green Holdings to be Possible Value Trap.
Key valuation signals for PLAG:
Debt-to-Equity: -3.09
GF Value™: $1.27 vs. price of $0.71 (44.2% below fair value)
No single metric tells the full story. See the PLAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce, and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.
45GF Score
Get the complete analysis for PLAG
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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