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Procter & Gamble CoWAR:PCGL 70 Debt-to-Equity is 0.68 as of Mar. 2026, which is 1% above its 10-year median of 0.67. GuruFocus rates WAR:PCGL with a GF Score™ of 70/100 and a GF Value™ of zł639.03 (Modestly Undervalued). Among 1,744 Consumer Packaged Goods companies, Procter & Gamble Co ranks worse than 65.48% 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 Procter & Gamble Co's Debt-to-Equity or its related term are showing as below:
WAR:PCGL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.53 Med: 0.67 Max: 0.81
Current: 0.68
During the past 13 years, the highest Debt-to-Equity Ratio of Procter & Gamble Co was 0.81. The lowest was 0.53. And the median was 0.67.
WAR:PCGL's Debt-to-Equity is ranked worse than 65.48% of 1744
companies
in the Consumer Packaged Goods industry
Industry Median: 0.41
vs WAR:PCGL: 0.68
Procter & Gamble Co (WAR:PCGL) 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.
Procter & Gamble Co Debt-to-Equity Related Terms
Procter & Gamble Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Procter & Gamble Co'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.
WAR:PCGL vs CL, KVUE, KMB: Debt-to-Equity Comparison
For the Household & Personal Products subindustry, Procter & Gamble Co'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.
Procter & Gamble Co Debt-to-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Procter & Gamble Co'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.
Procter & Gamble Co (WAR:PCGL) has a Debt-to-Equity of 0.68 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Procter & Gamble Co and its competitors. This is near median its historical median of 0.67. Over the past decade, Procter & Gamble Co's Debt-to-Equity has ranged from 0.53 to 0.81. According to the industry distribution chart, Procter & Gamble Co ranks #1142 out of 1744 companies in the Consumer Packaged Goods industry, placing it in the top 65.5%.
Is Procter & Gamble Co's Debt-to-Equity too high?
Procter & Gamble Co's current Debt-to-Equity of 0.68 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.81. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Procter & Gamble Co's value of 0.68 is 65.9% above this industry median. Based on the distribution chart, Procter & Gamble Co ranks #1142 out of 1744 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Procter & Gamble Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Procter & Gamble Co's Debt-to-Equity compare to CL and KVUE?
According to the Consumer Packaged Goods industry distribution chart, Procter & Gamble Co ranks #1142 out of 1744 companies for Debt-to-Equity. This places Procter & Gamble Co in the lower half of its industry. The industry median Debt-to-Equity is 0.41. Procter & Gamble Co's value of 0.68 is 65.9% above this benchmark. Historically, Procter & Gamble Co's own Debt-to-Equity has ranged from 0.53 to 0.81 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.41, Procter & Gamble Co 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 a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,744 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. Procter & Gamble Co's current Debt-to-Equity of 0.68 is 65.9% 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 Procter & Gamble Co and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Procter & Gamble Co's current Debt-to-Equity is 0.68, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Procter & Gamble Co stock overvalued right now?
Based on GuruFocus' analysis, Procter & Gamble Co (WAR:PCGL) is currently considered Modestly Undervalued. The stock's GF Value™ is zł639.03, compared to a current price of zł562.40 — trading 12% below its estimated fair value. The current Debt-to-Equity is 0.68, which is near median its 10-year median of 0.67 and 65.9% above the Consumer Packaged Goods industry median of 0.41. Procter & Gamble Co's overall GF Score™ is 70/100. 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 Procter & Gamble Co (WAR:PCGL), the current Debt-to-Equity is 0.68 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 Procter & Gamble Co (WAR:PCGL) Overvalued in 2026?
Based on GuruFocus' analysis, Procter & Gamble Co stock appears to be undervalued.
The current stock price of zł562.40 is trading 12% below its estimated GF Value™ of zł639.03.
GuruFocus considers Procter & Gamble Co to be Modestly Undervalued.
Key valuation signals for WAR:PCGL:
Debt-to-Equity: 0.68 (near median its 10-year median of 0.67)
GF Value™: zł639.03 vs. price of zł562.40 (12% below fair value)
Industry Position: 65.9% above the Consumer Packaged Goods median (#1142 of 1744)
No single metric tells the full story. See the WAR:PCGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, with annual sales of nearly $85 billion. It operates with a lineup of leading brands, including more than 20 that generate annual global sales of more than $1 billion each, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent just more than half of the firm's consolidated total.
70GF Score
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