iPeople (PHS:IPO) Construction In Progress: ₱480 Mil (As of Mar. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PHS:IPO iPeople Inc PHS:IPO
85 GF Score
Price ₱7.02
GF Value ₱8.13
Valuation Modestly Undervalued
! 6 Warning Signs
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What is iPeople Construction In Progress?

iPeople PHS:IPO -3.17% 85 Construction In Progress is ₱480 Mil as of Mar. 2026. GuruFocus rates PHS:IPO with a GF Score™ of 85/100 and a GF Value™ of ₱8.13 (Modestly Undervalued). The stock has 6 warning signs investors should review.

iPeople's quarterly construction in progress increased from Sep. 2025 (₱188 Mil) to Dec. 2025 (₱386 Mil) and increased from Dec. 2025 (₱386 Mil) to Mar. 2026 (₱480 Mil).

iPeople's annual construction in progress increased from Dec. 2023 (₱38 Mil) to Dec. 2024 (₱90 Mil) and increased from Dec. 2024 (₱90 Mil) to Dec. 2025 (₱386 Mil).

iPeople Construction In Progress Historical Data

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The historical data trend for iPeople's Construction In Progress 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.

iPeople Construction In Progress Chart

iPeople Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,645.08 20.78 37.97 90.35 386.38

iPeople Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.74 181.79 188.05 386.38 480.23
PHS:IPO
85GF Score
iPeople Inc PHS:IPO
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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iPeople Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₱480 Mil mean?
iPeople (PHS:IPO) has a Construction In Progress of ₱480 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on iPeople and its competitors.
Is iPeople's Construction In Progress too high?
iPeople's current Construction In Progress is ₱480 Mil. Overall, iPeople has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iPeople's Construction In Progress compare to EDU and TAL?
iPeople's Construction In Progress of ₱480 Mil can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Education company?
A good Construction In Progress depends on the Education industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on iPeople and its competitors. iPeople's current Construction In Progress is ₱480 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iPeople stock overvalued right now?
Based on GuruFocus' analysis, iPeople (PHS:IPO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱8.13, compared to a current price of ₱7.02 — trading 13.7% below its estimated fair value. The current Construction In Progress is ₱480 Mil. iPeople's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For iPeople (PHS:IPO), the current Construction In Progress is ₱480 Mil 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 iPeople (PHS:IPO) Overvalued in 2026?

Based on GuruFocus' analysis, iPeople stock appears to be undervalued. The current stock price of ₱7.02 is trading 13.7% below its estimated GF Value™ of ₱8.13. GuruFocus considers iPeople to be Modestly Undervalued.

Key valuation signals for PHS:IPO:

  • Construction In Progress: ₱480 Mil
  • GF Value™: ₱8.13 vs. price of ₱7.02 (13.7% below fair value)
  • GF Score™: 85/100 with 6 warning signs

No single metric tells the full story. See the PHS:IPO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

iPeople Business Description

Address 1191 Pablo Ocampo, Sr. Extension Avenue, 8 th Floor, Mapua University Makati Campus, Makati City, PHL, 1205
iPeople Inc is a holding and management company that drives investments in the education sector with its subsidiary.
85GF Score

Get the complete analysis for PHS:IPO

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱7.02
Price
₱8.13
GF Value