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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's Debt-to-Equity or its related term are showing as below:
TSE:2391's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.2 * Ranked among companies with meaningful Debt-to-Equity only.
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 Debt-to-Equity Related Terms
Planet Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Planet'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.
TSE:2391 vs IBM, ACN, CTSH: Debt-to-Equity Comparison
For the Information Technology Services subindustry, Planet'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 Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Planet's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Planet'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 (TSE:2391) has a Debt-to-Equity of 0.00 as of Jan. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Planet and its competitors. According to the industry distribution chart, Planet ranks #999999 out of 2239 companies in the Software industry.
Is Planet's Debt-to-Equity too high?
Planet's current Debt-to-Equity is 0.00. Based on the distribution chart, Planet ranks #999999 out of 2239 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Planet has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Planet's Debt-to-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Planet ranks #999999 out of 2239 companies for Debt-to-Equity. This places Planet in the lower half of its industry. The industry median Debt-to-Equity is 0.20. 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,239 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 and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet stock overvalued right now?
Based on GuruFocus' analysis, Planet (TSE:2391) is currently considered Fairly Valued. The stock's GF Value™ is 円1,243.27, compared to a current price of 円1,174.00 — trading 5.6% below its estimated fair value. The current Debt-to-Equity is 0.00. Planet's overall GF Score™ is 66/100 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 Planet (TSE:2391), the current Debt-to-Equity is 0.00 as of Jan. 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 (TSE:2391) Overvalued in 2026?
Based on GuruFocus' analysis, Planet stock appears to be undervalued.
The current stock price of 円1,174.00 is trading 5.6% below its estimated GF Value™ of 円1,243.27.
GuruFocus considers Planet to be Fairly Valued.
Key valuation signals for TSE:2391:
Debt-to-Equity: 0.00
GF Value™: 円1,243.27 vs. price of 円1,174.00 (5.6% below fair value)
No single metric tells the full story. See the TSE:2391 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Planet Inc is engaged in the construction, provision and operation of electronic data interchange (EDI) backbone platform. Services offered by the company include EDI (data exchange), Product database and Buyers' Net. EDI (data exchange) includes electronic data exchange with manufacturers, wholesale businesses and material suppliers such as ordering, shipping, billing/payment. Product database is a service that provides merchandise information registered by manufacturers in the distribution industry from the Internet. Buyers' Net is an information provision service on the Internet that efficiently supports information exchange between manufacturers, wholesale businesses and retailers. It provides information such as product information, industry news and company campaigns.
66GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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