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PilotPOGHF 90 Debt-to-Equity is 0.03 as of Dec. 2025, which is 70% below its 10-year median of 0.10. GuruFocus rates POGHF with a GF Score™ of 90/100 and a GF Value™ of $9.91 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,682 Industrial Products companies, Pilot ranks better than 83.71% 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 Pilot's Debt-to-Equity or its related term are showing as below:
POGHF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.39
Current: 0.05
During the past 13 years, the highest Debt-to-Equity Ratio of Pilot was 0.39. The lowest was 0.01. And the median was 0.10.
POGHF's Debt-to-Equity is ranked better than 83.71% of 2682
companies
in the Industrial Products industry
Industry Median: 0.28
vs POGHF: 0.05
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.
Pilot Debt-to-Equity Related Terms
Pilot Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Pilot'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 Business Equipment & Supplies subindustry, Pilot'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.
Pilot Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pilot's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pilot'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.
Pilot (POGHF) has a Debt-to-Equity of 0.03 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pilot and its competitors. This is 70% below median its historical median of 0.10. Over the past decade, Pilot's Debt-to-Equity has ranged from 0.01 to 0.39. According to the industry distribution chart, Pilot ranks #437 out of 2682 companies in the Industrial Products industry, placing it in the top 16.3%.
Is Pilot's Debt-to-Equity too high?
Pilot's current Debt-to-Equity of 0.03 is 70% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.39. The Industrial Products industry median Debt-to-Equity is 0.28. Pilot's value of 0.03 is 89.3% below this industry median. Based on the distribution chart, Pilot ranks #437 out of 2682 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pilot has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pilot's Debt-to-Equity compare to competitors?
According to the Industrial Products industry distribution chart, Pilot ranks #437 out of 2682 companies for Debt-to-Equity. This places Pilot in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Pilot's value of 0.03 is 89.3% below this benchmark. Historically, Pilot's own Debt-to-Equity has ranged from 0.01 to 0.39 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.28, Pilot 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,682 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. Pilot's current Debt-to-Equity of 0.03 is 89.3% 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 Pilot and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pilot's current Debt-to-Equity is 0.03, which is 70% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilot stock overvalued right now?
Based on GuruFocus' analysis, Pilot (POGHF) is currently considered Fairly Valued. The stock's GF Value™ is $9.91, compared to a current price of $10.78 — trading 8.8% above its estimated fair value. The current Debt-to-Equity is 0.03, which is 70% below median its 10-year median of 0.10 and 89.3% below the Industrial Products industry median of 0.28. Pilot's overall GF Score™ is 90/100 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 Pilot (POGHF), the current Debt-to-Equity is 0.03 as of Dec. 2025. 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 Pilot (POGHF) Overvalued in 2026?
Based on GuruFocus' analysis, Pilot stock appears to be overvalued.
The current stock price of $10.78 is trading 8.8% above its estimated GF Value™ of $9.91.
GuruFocus considers Pilot to be Fairly Valued.
Key valuation signals for POGHF:
Debt-to-Equity: 0.03 (70% below median its 10-year median of 0.10)
GF Value™: $9.91 vs. price of $10.78 (8.8% above fair value)
Industry Position: 89.3% below the Industrial Products median (#437 of 2682)
No single metric tells the full story. See the POGHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pilot Corp is a Japanese company that manufactures, purchases, and distributes stationery items, including writing instruments, other stationery products, and toys, and relevant services. The company operates through four segments: Japan, the Americas, Europe, and Asia. The Japan segment distributes products through direct sales to retail stores in Japan, and this segment contributes a majority proportion of total group revenue. The Americas segment is mainly engaged in the manufacture and sales of ball pens in the United States, Mexico, and Brazil. The Europe segment operates in Sweden, the United Kingdom, Germany, France, and others. The Asia segment provides writing materials in Taiwan, mainland China, Hong Kong, Indonesia, Malaysia, and Singapore.
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