Ayalaland Logistics Holdings (PHS:ALLHC) Cyclically Adjusted Book per Share: ₱2.11 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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:ALLHC Ayalaland Logistics Holdings Corp PHS:ALLHC
62 GF Score
Price ₱1.11
GF Value ₱1.63
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ayalaland Logistics Holdings Cyclically Adjusted Book per Share?

Ayalaland Logistics Holdings PHS:ALLHC 62 Cyclically Adjusted Book per Share is ₱2.11 as of Mar. 2026. GuruFocus rates PHS:ALLHC with a GF Score™ of 62/100 and a GF Value™ of ₱1.63 (Possible Value Trap). The stock has 6 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.

Ayalaland Logistics Holdings's adjusted book value per share for the three months ended in Mar. 2026 was ₱2.351. 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 ₱2.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ayalaland Logistics 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 6.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% 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 Ayalaland Logistics Holdings was 12.30% per year. The lowest was 6.60% per year. And the median was 10.65% per year.

As of today (2026-07-26), Ayalaland Logistics Holdings's current stock price is ₱1.11. Ayalaland Logistics Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱2.11. Ayalaland Logistics Holdings's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ayalaland Logistics Holdings was 4.40. The lowest was 0.50. And the median was 1.88.


Ayalaland Logistics Holdings  (PHS:ALLHC) 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.

Ayalaland Logistics Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.11/2.11
=0.53

* 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 Ayalaland Logistics Holdings was 4.40. The lowest was 0.50. And the median was 1.88.


Be Aware

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


Ayalaland Logistics Holdings Cyclically Adjusted Book per Share Related Terms


Ayalaland Logistics Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ayalaland Logistics 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.

Ayalaland Logistics Holdings Cyclically Adjusted Book per Share Chart

Ayalaland Logistics Holdings Annual Data
Trend Jun16 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 1.53 1.70 1.82 1.94 2.06

Ayalaland Logistics 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 1.99 2.02 2.05 2.06 2.11

Ayalaland Logistics Holdings Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Ayalaland Logistics 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.


Ayalaland Logistics Holdings Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


PHS:ALLHC
62GF Score
Ayalaland Logistics Holdings Corp PHS:ALLHC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ayalaland Logistics 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, Ayalaland Logistics 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)
=2.351/330.2130*330.2130
=2.351

Current CPI (Mar. 2026) = 330.2130.

Ayalaland Logistics Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.292 241.018 1.770
201609 0.904 241.428 1.236
201612 0.901 241.432 1.232
201703 0.900 243.801 1.219
201706 0.631 244.955 0.851
201709 0.638 246.819 0.854
201712 1.475 246.524 1.976
201803 1.479 249.554 1.957
201806 1.581 251.989 2.072
201809 1.595 252.439 2.086
201812 1.647 251.233 2.165
201903 1.901 254.202 2.469
201906 1.617 256.143 2.085
201909 1.825 256.759 2.347
201912 1.755 256.974 2.255
202003 1.782 258.115 2.280
202006 1.802 257.797 2.308
202009 1.769 260.280 2.244
202012 1.857 260.474 2.354
202103 1.866 264.877 2.326
202106 1.880 271.696 2.285
202109 1.906 274.310 2.294
202112 1.896 278.802 2.246
202203 1.927 287.504 2.213
202206 1.950 296.311 2.173
202209 1.986 296.808 2.210
202212 2.057 296.797 2.289
202303 2.085 301.836 2.281
202306 2.111 305.109 2.285
202309 2.116 307.789 2.270
202312 2.164 306.746 2.330
202403 2.251 312.332 2.380
202406 2.269 314.175 2.385
202409 2.301 315.301 2.410
202412 2.319 315.605 2.426
202503 2.330 319.799 2.406
202506 2.336 322.561 2.391
202509 2.332 324.800 2.371
202512 2.351 324.054 2.396
202603 2.351 330.213 2.351

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 ₱2.11 mean?
Ayalaland Logistics Holdings (PHS:ALLHC) has a Cyclically Adjusted Book per Share of ₱2.11 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 Ayalaland Logistics Holdings and its competitors.
Is Ayalaland Logistics Holdings' Cyclically Adjusted Book per Share too high?
Ayalaland Logistics Holdings' current Cyclically Adjusted Book per Share is ₱2.11. Overall, Ayalaland Logistics Holdings has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ayalaland Logistics Holdings' Cyclically Adjusted Book per Share compare to competitors?
Ayalaland Logistics Holdings' Cyclically Adjusted Book per Share of ₱2.11 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 Ayalaland Logistics Holdings and its competitors. Ayalaland Logistics Holdings's current Cyclically Adjusted Book per Share is ₱2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayalaland Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ayalaland Logistics Holdings (PHS:ALLHC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱1.63, compared to a current price of ₱1.11 — trading 31.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₱2.11. Ayalaland Logistics Holdings' overall GF Score™ is 62/100 with 6 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 Ayalaland Logistics Holdings (PHS:ALLHC), the current Cyclically Adjusted Book per Share is ₱2.11 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 Ayalaland Logistics Holdings (PHS:ALLHC) Overvalued in 2026?

Based on GuruFocus' analysis, Ayalaland Logistics Holdings stock appears to be undervalued. The current stock price of ₱1.11 is trading 31.9% below its estimated GF Value™ of ₱1.63. GuruFocus considers Ayalaland Logistics Holdings to be Possible Value Trap.

Key valuation signals for PHS:ALLHC:

  • Cyclically Adjusted Book per Share: ₱2.11
  • GF Value™: ₱1.63 vs. price of ₱1.11 (31.9% below fair value)
  • GF Score™: 62/100 with 6 warning signs

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


Ayalaland Logistics Holdings Business Description

Address Glorietta 4, 5th Floor, Ayala Center, Metro Manila, Makati, PHL, 1224
Ayalaland Logistics Holdings Corp is an investment holding company with an interest in a property management company. The company, together with its subsidiaries, has two operating segments: the real estate sales segment includes the sale of industrial lots; the rental and storage services segment covers operations in warehouse, cold storage, and commercial leasing. It derives a majority of its revenue from the real estate sales segment.
62GF Score

Get the complete analysis for PHS:ALLHC

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

₱1.11
Price
₱1.63
GF Value