Anchor Land Holdings (PHS:ALHI) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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.
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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:ALHI Anchor Land Holdings Inc PHS:ALHI
65 GF Score
Price ₱3.32
GF Value ₱3.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Anchor Land Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Anchor Land Holdings  (PHS:ALHI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Anchor Land Holdings Cyclically Adjusted PB Ratio Related Terms


Anchor Land Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anchor Land Holdings's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

Anchor Land Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.78 0.49 0.56 0.44

Anchor Land Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio 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 0.51 0.52 0.44 0.40 0.46

Anchor Land Holdings Cyclically Adjusted PB Ratio 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
65GF Score
Anchor Land Holdings Inc PHS:ALHI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Anchor Land Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Anchor Land Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=11.483/333.9520*333.9520
=11.483

Current CPI (Jun. 2026) = 333.9520.

Anchor Land Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.637 241.428 7.797
201612 5.792 241.432 8.012
201703 5.928 243.801 8.120
201706 6.011 244.955 8.195
201709 6.141 246.819 8.309
201712 6.291 246.524 8.522
201803 6.389 249.554 8.550
201806 6.414 251.989 8.500
201809 6.552 252.439 8.668
201812 6.725 251.233 8.939
201903 6.845 254.202 8.992
201906 6.911 256.143 9.010
201909 7.109 256.759 9.246
201912 7.388 256.974 9.601
202003 7.588 258.115 9.817
202006 7.520 257.797 9.741
202009 7.571 260.280 9.714
202012 7.643 260.474 9.799
202103 7.765 264.877 9.790
202106 7.813 271.696 9.603
202109 7.903 274.310 9.621
202112 8.012 278.802 9.597
202203 8.156 287.504 9.474
202206 8.259 296.311 9.308
202209 8.364 296.808 9.411
202212 8.480 296.797 9.542
202303 8.631 301.836 9.549
202306 8.725 305.109 9.550
202309 8.887 307.789 9.642
202312 9.038 306.746 9.840
202403 7.959 312.332 8.510
202406 8.115 314.175 8.626
202409 8.197 315.301 8.682
202412 8.447 315.605 8.938
202503 8.540 319.799 8.918
202506 8.620 322.561 8.924
202509 8.681 324.800 8.926
202512 8.685 324.054 8.950
202603 12.164 330.213 12.302
202606 11.483 333.952 11.483

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

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 ₱3.32 is trading 11.2% below its estimated GF Value™ of ₱3.74. GuruFocus considers Anchor Land Holdings to be Modestly Undervalued.

Key valuation signals for PHS:ALHI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₱3.74 vs. price of ₱3.32 (11.2% below fair value)
  • GF Score™: 65/100 with 5 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.
65GF Score

Get the complete analysis for PHS:ALHI

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

₱3.32
Price
₱3.74
GF Value