Megaworld (PHS:MEG) Cyclically Adjusted Book per Share: ₱7.02 (As of Mar. 2026)


PHS:MEG Megaworld Corp PHS:MEG
92 GF Score
Price ₱2.05
GF Value ₱2.06
Valuation Fairly Valued
! 3 Warning Signs
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What is Megaworld Cyclically Adjusted Book per Share?

Megaworld PHS:MEG +0.49% 92 Cyclically Adjusted Book per Share is ₱7.02 as of Mar. 2026. GuruFocus rates PHS:MEG with a GF Score™ of 92/100 and a GF Value™ of ₱2.06 (Fairly Valued). The stock has 3 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.

Megaworld's adjusted book value per share for the three months ended in Mar. 2026 was ₱8.479. 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 ₱7.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Megaworld's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% 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 Megaworld was 12.80% per year. The lowest was 8.70% per year. And the median was 11.10% per year.

As of today (2026-06-27), Megaworld's current stock price is ₱2.05. Megaworld's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱7.02. Megaworld's Cyclically Adjusted PB Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Megaworld was 1.81. The lowest was 0.27. And the median was 0.45.


Megaworld  (PHS:MEG) 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.

Megaworld's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.05/7.02
=0.29

* 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 Megaworld was 1.81. The lowest was 0.27. And the median was 0.45.


Be Aware

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


Megaworld Cyclically Adjusted Book per Share Related Terms


Megaworld Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Megaworld'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.

Megaworld Cyclically Adjusted Book per Share Chart

Megaworld 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 4.65 5.29 5.83 6.32 6.80

Megaworld 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 6.48 6.61 6.74 6.80 7.02

Megaworld Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Megaworld'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.


Megaworld Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


PHS:MEG
92GF Score
Megaworld Corp PHS:MEG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megaworld 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, Megaworld'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)
=8.479/330.2130*330.2130
=8.479

Current CPI (Mar. 2026) = 330.2130.

Megaworld Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.728 241.018 5.108
201609 3.829 241.428 5.237
201612 3.951 241.432 5.404
201703 3.977 243.801 5.387
201706 4.048 244.955 5.457
201709 4.170 246.819 5.579
201712 4.375 246.524 5.860
201803 4.398 249.554 5.819
201806 4.789 251.989 6.276
201809 4.921 252.439 6.437
201812 5.081 251.233 6.678
201903 5.203 254.202 6.759
201906 5.254 256.143 6.773
201909 5.374 256.759 6.911
201912 5.534 256.974 7.111
202003 5.657 258.115 7.237
202006 5.696 257.797 7.296
202009 5.775 260.280 7.327
202012 5.812 260.474 7.368
202103 5.589 264.877 6.968
202106 5.675 271.696 6.897
202109 5.784 274.310 6.963
202112 6.240 278.802 7.391
202203 6.334 287.504 7.275
202206 6.450 296.311 7.188
202209 6.537 296.808 7.273
202212 6.643 296.797 7.391
202303 6.825 301.836 7.467
202306 6.952 305.109 7.524
202309 7.209 307.789 7.734
202312 7.304 306.746 7.863
202403 7.438 312.332 7.864
202406 7.655 314.175 8.046
202409 7.499 315.301 7.854
202412 7.563 315.605 7.913
202503 7.706 319.799 7.957
202506 7.890 322.561 8.077
202509 8.036 324.800 8.170
202512 8.227 324.054 8.383
202603 8.479 330.213 8.479

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 ₱7.02 mean?
Megaworld (PHS:MEG) has a Cyclically Adjusted Book per Share of ₱7.02 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 Megaworld and its competitors.
Is Megaworld's Cyclically Adjusted Book per Share too high?
Megaworld's current Cyclically Adjusted Book per Share is ₱7.02. Overall, Megaworld has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Megaworld's Cyclically Adjusted Book per Share compare to competitors?
Megaworld's Cyclically Adjusted Book per Share of ₱7.02 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 Megaworld and its competitors. Megaworld's current Cyclically Adjusted Book per Share is ₱7.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megaworld stock overvalued right now?
Based on GuruFocus' analysis, Megaworld (PHS:MEG) is currently considered Fairly Valued. The stock's GF Value™ is ₱2.06, compared to a current price of ₱2.05 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₱7.02. Megaworld's overall GF Score™ is 92/100 with 3 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 Megaworld (PHS:MEG), the current Cyclically Adjusted Book per Share is ₱7.02 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 Megaworld (PHS:MEG) Overvalued in 2026?

Based on GuruFocus' analysis, Megaworld stock appears to be undervalued. The current stock price of ₱2.05 is trading 0.5% below its estimated GF Value™ of ₱2.06. GuruFocus considers Megaworld to be Fairly Valued.

Key valuation signals for PHS:MEG:

  • Cyclically Adjusted Book per Share: ₱7.02
  • GF Value™: ₱2.06 vs. price of ₱2.05 (0.5% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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


Megaworld Business Description

Other Exchanges MGAWY:USAMGAWF:USA
Address 36th Street Cor. 11th Avenue, 30th Floor, Alliance Global Tower, Uptown Bonifacio, Metro Manila, Taguig, PHL, 1634
Megaworld Corp is one of the property developers in the Philippines and is engaged in the development of large-scale mixed-use planned communities, or community townships, that comprise residential, commercial and office developments and integrate leisure, entertainment and educational/training components. The Company's real estate portfolio includes residential condominium units, subdivision lots and townhouses as well as office projects and retail space. It has the following three primary business segments: (i)The Rental segment, (ii) management of hotel operations and The Real Estate segment. The Rental segment includes leasing of office and commercial spaces and the Hotel Operations segment relates to the management of hotel business operations.
92GF Score

Get the complete analysis for PHS:MEG

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

₱2.05
Price
₱2.06
GF Value