The PF15 is a dreadnought-shaped acoustic guitar from Ibanez's PF series. It pairs a spruce top with okoume back and sides, a combination described as clear and articulate when strummed and warm when played softly or fingerpicked. The black high gloss version covers the body, and a natural high gloss finish is also offered in the range.

The neck is Nyatoh with a laurel fretboard and white dot inlays, carrying 20 frets over a 647.7 mm (25.5") scale. The laurel bridge passes string vibration to the body, and the soundhole has a black and white multi-ring rosette. Chrome die-cast tuners handle tuning.

It is a purely acoustic instrument with no electronics or outputs listed. It uses Ibanez Advantage bridge pins, which have a bulb-shaped head that is easy to grip and stops the pin being pushed in too far. Ibanez IACS6C strings are fitted, and the FS40DA case and IAB540-BK gig bag are listed as recommended accessories.