Ptt PCLPUTRF -17.06%80 Debt-to-Equity is 0.90 as of Mar. 2026, which is at its 10-year median of 0.90. GuruFocus rates PUTRF with a GF Score™ of 80/100 and a GF Value™ of $0.69. The stock has 7 warning signs investors should review. Among 794 Oil & Gas companies, Ptt PCL ranks worse than 70.28% 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 Ptt PCL's Debt-to-Equity or its related term are showing as below:
PUTRF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.9 Max: 1.15
Current: 0.9
During the past 13 years, the highest Debt-to-Equity Ratio of Ptt PCL was 1.15. The lowest was 0.16. And the median was 0.90.
PUTRF's Debt-to-Equity is ranked worse than 70.28% of 794
companies
in the Oil & Gas industry
Industry Median: 0.46
vs PUTRF: 0.90
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.
Ptt PCL Debt-to-Equity Related Terms
Ptt PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ptt PCL'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 Oil & Gas Integrated subindustry, Ptt PCL'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.
Ptt PCL Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ptt PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ptt PCL'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.
Ptt PCL (PUTRF) has a Debt-to-Equity of 0.90 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ptt PCL and its competitors. This is near median its historical median of 0.90. Over the past decade, Ptt PCL's Debt-to-Equity has ranged from 0.16 to 1.15. According to the industry distribution chart, Ptt PCL ranks #558 out of 794 companies in the Oil & Gas industry, placing it in the top 70.3%.
Is Ptt PCL's Debt-to-Equity too high?
Ptt PCL's current Debt-to-Equity of 0.90 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.15. The Oil & Gas industry median Debt-to-Equity is 0.46. Ptt PCL's value of 0.90 is 95.7% above this industry median. Based on the distribution chart, Ptt PCL ranks #558 out of 794 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ptt PCL has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Ptt PCL's Debt-to-Equity compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Ptt PCL ranks #558 out of 794 companies for Debt-to-Equity. This places Ptt PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Ptt PCL's value of 0.90 is 95.7% above this benchmark. Historically, Ptt PCL's own Debt-to-Equity has ranged from 0.16 to 1.15 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.46, Ptt PCL 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 an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 794 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. Ptt PCL's current Debt-to-Equity of 0.90 is 95.7% 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 Ptt PCL and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ptt PCL's current Debt-to-Equity is 0.90, which is near median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ptt PCL stock overvalued right now?
Ptt PCL (PUTRF) has a current Debt-to-Equity of 0.90. The stock's GF Value™ is $0.69, compared to a current price of $0.87 — trading 26% above its estimated fair value. The current Debt-to-Equity is 0.90, which is near median its 10-year median of 0.90 and 95.7% above the Oil & Gas industry median of 0.46. Ptt PCL'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 Ptt PCL (PUTRF), the current Debt-to-Equity is 0.90 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 Ptt PCL (PUTRF) Overvalued in 2026?
Based on GuruFocus' analysis, Ptt PCL stock appears to be overvalued.
The current stock price of $0.87 is trading 26% above its estimated GF Value™ of $0.69.
Key valuation signals for PUTRF:
Debt-to-Equity: 0.90 (near median its 10-year median of 0.90)
GF Value™: $0.69 vs. price of $0.87 (26% above fair value)
Industry Position: 95.7% above the Oil & Gas median (#558 of 794)
No single metric tells the full story. See the PUTRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. The Group is organized into business groups based on types of products and services. The segments of the Group are Upstream petroleum and Natural gas business group which is further divided into Petroleum exploration and production business and Natural gas business. Downstream petroleum business group is divided into Oil and retail business; International trading business and Petrochemical and Refining business. New business and sustainability group includes emphasis on decarbonization to achieve the Net Zero Emission.
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