Anchor Land Holdings (PHS:ALHI) Cyclically Adjusted Book per Share: ₱9.03 (As of Mar. 2026)


PHS:ALHI Anchor Land Holdings Inc PHS:ALHI
70 GF Score
Price ₱4.20
GF Value ₱4.62
Valuation Fairly Valued
! 8 Warning Signs
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What is Anchor Land Holdings Cyclically Adjusted Book per Share?

Anchor Land Holdings PHS:ALHI 70 Cyclically Adjusted Book per Share is ₱9.03 as of Mar. 2026. GuruFocus rates PHS:ALHI with a GF Score™ of 70/100 and a GF Value™ of ₱4.62 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Anchor Land Holdings's adjusted book value per share for the three months ended in Mar. 2026 was ₱12.164. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₱9.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Anchor Land Holdings's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Anchor Land Holdings was 12.00% per year. The lowest was 5.80% per year. And the median was 10.20% per year.

As of today (2026-07-01), Anchor Land Holdings's current stock price is ₱4.20. Anchor Land Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱9.03. Anchor Land Holdings's Cyclically Adjusted PB Ratio of today is 0.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Anchor Land Holdings was 2.30. The lowest was 0.41. And the median was 0.79.


Anchor Land Holdings  (PHS:ALHI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Anchor Land Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.20/9.03
=0.47

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Anchor Land Holdings was 2.30. The lowest was 0.41. And the median was 0.79.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Anchor Land Holdings Cyclically Adjusted Book per Share Related Terms


Anchor Land Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Anchor Land Holdings's Cyclically Adjusted Book per Share 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.

Anchor Land Holdings Cyclically Adjusted Book per Share Chart

Anchor Land Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.55 7.38 7.92 8.37 8.75

Anchor Land Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 8.52 8.63 8.73 8.75 9.03

Anchor Land Holdings Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Anchor Land Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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.


Anchor Land Holdings Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Anchor Land Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anchor Land Holdings's Cyclically Adjusted PB Ratio falls into.


PHS:ALHI
70GF Score
Anchor Land Holdings Inc PHS:ALHI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anchor Land Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Anchor Land Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=12.164/330.2130*330.2130
=12.164

Current CPI (Mar. 2026) = 330.2130.

Anchor Land Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.503 241.018 7.540
201609 5.641 241.428 7.715
201612 5.795 241.432 7.926
201703 5.928 243.801 8.029
201706 6.009 244.955 8.100
201709 6.137 246.819 8.211
201712 6.288 246.524 8.423
201803 6.387 249.554 8.451
201806 6.413 251.989 8.404
201809 6.554 252.439 8.573
201812 6.726 251.233 8.840
201903 6.849 254.202 8.897
201906 6.918 256.143 8.919
201909 7.117 256.759 9.153
201912 7.399 256.974 9.508
202003 7.597 258.115 9.719
202006 7.534 257.797 9.650
202009 7.591 260.280 9.631
202012 7.652 260.474 9.701
202103 7.775 264.877 9.693
202106 7.829 271.696 9.515
202109 7.922 274.310 9.536
202112 8.036 278.802 9.518
202203 8.182 287.504 9.397
202206 8.277 296.311 9.224
202209 8.384 296.808 9.328
202212 8.500 296.797 9.457
202303 8.653 301.836 9.467
202306 8.748 305.109 9.468
202309 8.887 307.789 9.534
202312 9.038 306.746 9.729
202403 7.959 312.332 8.415
202406 8.115 314.175 8.529
202409 8.197 315.301 8.585
202412 8.447 315.605 8.838
202503 8.540 319.799 8.818
202506 8.620 322.561 8.824
202509 8.681 324.800 8.826
202512 8.685 324.054 8.850
202603 12.164 330.213 12.164

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ₱9.03 mean?
Anchor Land Holdings (PHS:ALHI) has a Cyclically Adjusted Book per Share of ₱9.03 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Anchor Land Holdings and its competitors.
Is Anchor Land Holdings' Cyclically Adjusted Book per Share too high?
Anchor Land Holdings' current Cyclically Adjusted Book per Share is ₱9.03. Overall, Anchor Land Holdings has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anchor Land Holdings' Cyclically Adjusted Book per Share compare to competitors?
Anchor Land Holdings' Cyclically Adjusted Book per Share of ₱9.03 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Anchor Land Holdings and its competitors. Anchor Land Holdings's current Cyclically Adjusted Book per Share is ₱9.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anchor Land Holdings stock overvalued right now?
Based on GuruFocus' analysis, Anchor Land Holdings (PHS:ALHI) is currently considered Fairly Valued. The stock's GF Value™ is ₱4.62, compared to a current price of ₱4.20 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₱9.03. Anchor Land Holdings' overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Anchor Land Holdings (PHS:ALHI), the current Cyclically Adjusted Book per Share is ₱9.03 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 Anchor Land Holdings (PHS:ALHI) Overvalued in 2026?

Based on GuruFocus' analysis, Anchor Land Holdings stock appears to be undervalued. The current stock price of ₱4.20 is trading 9.1% below its estimated GF Value™ of ₱4.62. GuruFocus considers Anchor Land Holdings to be Fairly Valued.

Key valuation signals for PHS:ALHI:

  • Cyclically Adjusted Book per Share: ₱9.03
  • GF Value™: ₱4.62 vs. price of ₱4.20 (9.1% below fair value)
  • GF Score™: 70/100 with 8 warning signs

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


Anchor Land Holdings Business Description

Address 6752 Ayala Avenue corner Makati Avenue, 15th Floor, L.V. Locsin Building, Metro Manila, Makati, PHL, 1226
Anchor Land Holdings Inc mainly engages in real estate development and marketing, focusing mainly on high-end residential condominiums across the Philippines. Its real estate projects extend across key districts such as Binondo, Roxas Boulevard, Bay City Manila, and Davao City. Additionally, the Group is also engaged in leasing commercial properties to third parties; providing property management services; and operating a hotel business. Its reportable segments are: Condominium sales, Leasing, Property management, and Hotel operation. The majority of the Group's revenue is derived from the Condominium sales segment, which is involved in the development of high-end condominium units for sale to third parties. Geographically, it operates only in the Philippines.
70GF Score

Get the complete analysis for PHS:ALHI

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱4.20
Price
₱4.62
GF Value