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What is Perusahaan Gas Negara (Persero) Tbk PT Equity-to-Asset?
Perusahaan Gas Negara (Persero) Tbk PTPPAAF 85 Equity-to-Asset is 0.46 as of Mar. 2026, which is 15% above its 10-year median of 0.40. GuruFocus rates PPAAF with a GF Score™ of 85/100 and a GF Value™ of $0.12 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 510 Utilities - Regulated companies, Perusahaan Gas Negara (Persero) Tbk PT ranks better than 68.24% on this metric.
PPAAF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.4 Max: 0.5
Current: 0.46
During the past 13 years, the highest Equity to Asset Ratio of Perusahaan Gas Negara (Persero) Tbk PT was 0.50. The lowest was 0.30. And the median was 0.40.
PPAAF's Equity-to-Asset is ranked better than 68.24% of 510
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs PPAAF: 0.46
Perusahaan Gas Negara (Persero) Tbk PT (OTCPK:PPAAF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Perusahaan Gas Negara (Persero) Tbk PT Equity-to-Asset Related Terms
Perusahaan Gas Negara (Persero) Tbk PT Equity-to-Asset Historical Data
* 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.
Perusahaan Gas Negara (Persero) Tbk PT Equity-to-Asset Chart
Perusahaan Gas Negara (Persero) Tbk PT Annual Data
For the Utilities - Regulated Gas subindustry, Perusahaan Gas Negara (Persero) Tbk PT's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Perusahaan Gas Negara (Persero) Tbk PT Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Perusahaan Gas Negara (Persero) Tbk PT's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Perusahaan Gas Negara (Persero) Tbk PT's Equity-to-Asset falls into.
Perusahaan Gas Negara (Persero) Tbk PT Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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.
Perusahaan Gas Negara (Persero) Tbk PT (PPAAF) has a Equity-to-Asset of 0.46 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Perusahaan Gas Negara (Persero) Tbk PT and its competitors. This is 15% above median its historical median of 0.40. Over the past decade, Perusahaan Gas Negara (Persero) Tbk PT's Equity-to-Asset has ranged from 0.30 to 0.50. According to the industry distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #162 out of 510 companies in the Utilities - Regulated industry, placing it in the top 31.8%.
Is Perusahaan Gas Negara (Persero) Tbk PT's Equity-to-Asset too high?
Perusahaan Gas Negara (Persero) Tbk PT's current Equity-to-Asset of 0.46 is 15% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.50. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Perusahaan Gas Negara (Persero) Tbk PT's value of 0.46 is 27.8% above this industry median. Based on the distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #162 out of 510 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Perusahaan Gas Negara (Persero) Tbk PT has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Perusahaan Gas Negara (Persero) Tbk PT's Equity-to-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #162 out of 510 companies for Equity-to-Asset. This puts Perusahaan Gas Negara (Persero) Tbk PT in the upper half of its industry. The industry median Equity-to-Asset is 0.36. Perusahaan Gas Negara (Persero) Tbk PT's value of 0.46 is 27.8% above this benchmark. Historically, Perusahaan Gas Negara (Persero) Tbk PT's own Equity-to-Asset has ranged from 0.30 to 0.50 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.36, Perusahaan Gas Negara (Persero) Tbk PT 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 Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perusahaan Gas Negara (Persero) Tbk PT's current Equity-to-Asset of 0.46 is 27.8% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Perusahaan Gas Negara (Persero) Tbk PT and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perusahaan Gas Negara (Persero) Tbk PT's current Equity-to-Asset is 0.46, which is 15% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perusahaan Gas Negara (Persero) Tbk PT stock overvalued right now?
Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT (PPAAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.12, compared to a current price of $0.08 — trading 30.6% below its estimated fair value. The current Equity-to-Asset is 0.46, which is 15% above median its 10-year median of 0.40 and 27.8% above the Utilities - Regulated industry median of 0.36. Perusahaan Gas Negara (Persero) Tbk PT's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Perusahaan Gas Negara (Persero) Tbk PT (PPAAF), the current Equity-to-Asset is 0.46 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 Perusahaan Gas Negara (Persero) Tbk PT (PPAAF) Overvalued in 2026?
Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT stock appears to be undervalued.
The current stock price of $0.08 is trading 30.6% below its estimated GF Value™ of $0.12.
GuruFocus considers Perusahaan Gas Negara (Persero) Tbk PT to be Possible Value Trap.
Key valuation signals for PPAAF:
Equity-to-Asset: 0.46 (15% above median its 10-year median of 0.40)
GF Value™: $0.12 vs. price of $0.08 (30.6% below fair value)
Industry Position: 27.8% above the Utilities - Regulated median (#162 of 510)
No single metric tells the full story. See the PPAAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perusahaan Gas Negara (Persero) Tbk PT is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is involved in the transmission and distribution of natural gas. The company's segments include Natural gas trading and transmission, Exploration and production of oil and gas, and Other operation.
85GF Score
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