Cole is set to win his 100th cap for his nation tomorrow night against Brazil.
Pearce said: "People donâ€™t realise how dedicated and professional he is. He is the best left back who has ever played for England, by a country mile. Thatâ€™s credit to him.
"He is comfortable on the ball, heâ€™s quick and he has continued to improve over the years.
"With the sports science that is involved these days, it is possible that he could beat Peter Shiltonâ€™s record of 125 caps.
"I played my last game for England when I was 37 and Ash is a long way away from that."