Araneta Properties (PHS:ARA) Cyclically Adjusted PB Ratio: 0.23 (As of Jul. 06, 2026) — 78% Below Median


PHS:ARA Araneta Properties Inc PHS:ARA
26 GF Score
Price ₱0.26
GF Value ₱0.41
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Araneta Properties Cyclically Adjusted PB Ratio?

Araneta Properties PHS:ARA 26 Cyclically Adjusted PB Ratio is 0.23 as of Jul. 06, 2026, which is 78% below its 10-year median of 1.05. GuruFocus rates PHS:ARA with a GF Score™ of 26/100 and a GF Value™ of ₱0.41 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,440 Real Estate companies, Araneta Properties ranks better than 80.35% on this metric.

As of today (2026-07-06), Araneta Properties's current share price is ₱0.26. Araneta Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱1.11. Araneta Properties's Cyclically Adjusted PB Ratio for today is 0.23.

The historical rank and industry rank for Araneta Properties's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:ARA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.05   Max: 2.52
Current: 0.23

During the past years, Araneta Properties's highest Cyclically Adjusted PB Ratio was 2.52. The lowest was 0.23. And the median was 1.05.

PHS:ARA's Cyclically Adjusted PB Ratio is ranked better than
80.35% of 1440 companies
in the Real Estate industry
Industry Median: 0.71 vs PHS:ARA: 0.23

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.

Araneta Properties's adjusted book value per share data for the three months ended in Mar. 2026 was ₱1.174. 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 ₱1.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Araneta Properties  (PHS:ARA) 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.


Araneta Properties Cyclically Adjusted PB Ratio Related Terms


Araneta Properties Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Araneta Properties'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.

Araneta Properties Cyclically Adjusted PB Ratio Chart

Araneta Properties 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 1.00 1.00 0.94 0.48 0.37

Araneta Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.53 0.48 0.45 0.37 0.30

Araneta Properties Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Araneta Properties'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.


Araneta Properties Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


PHS:ARA
26GF Score
Araneta Properties Inc PHS:ARA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Araneta Properties 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.

Araneta Properties's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.26/1.11
=0.23

* 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.

Araneta Properties's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Araneta Properties'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)
=1.174/330.2130*330.2130
=1.174

Current CPI (Mar. 2026) = 330.2130.

Araneta Properties Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.895 241.018 1.226
201609 0.900 241.428 1.231
201612 0.896 241.432 1.225
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.907 246.819 1.213
201712 0.891 246.524 1.193
201803 0.896 249.554 1.186
201806 0.898 251.989 1.177
201809 0.902 252.439 1.180
201812 0.909 251.233 1.195
201903 0.905 254.202 1.176
201906 0.902 256.143 1.163
201909 0.896 256.759 1.152
201912 0.905 256.974 1.163
202003 0.909 258.115 1.163
202006 0.903 257.797 1.157
202009 0.898 260.280 1.139
202012 0.897 260.474 1.137
202103 0.898 264.877 1.120
202106 0.893 271.696 1.085
202109 0.890 274.310 1.071
202112 0.889 278.802 1.053
202203 0.889 287.504 1.021
202206 0.891 296.311 0.993
202209 0.891 296.808 0.991
202212 0.887 296.797 0.987
202303 0.882 301.836 0.965
202306 0.887 305.109 0.960
202309 0.876 307.789 0.940
202312 0.883 306.746 0.951
202403 0.961 312.332 1.016
202406 0.968 314.175 1.017
202409 1.085 315.301 1.136
202412 1.098 315.605 1.149
202503 1.116 319.799 1.152
202506 1.138 322.561 1.165
202509 1.146 324.800 1.165
202512 1.159 324.054 1.181
202603 1.174 330.213 1.174

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.

What does a Cyclically Adjusted PB Ratio of 0.23 mean?
Araneta Properties (PHS:ARA) has a Cyclically Adjusted PB Ratio of 0.23 as of Jul. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Araneta Properties and its competitors. This is 78% below median its historical median of 1.05. Over the past decade, Araneta Properties' Cyclically Adjusted PB Ratio has ranged from 0.23 to 2.52. According to the industry distribution chart, Araneta Properties ranks #283 out of 1440 companies in the Real Estate industry, placing it in the top 19.7%.
Is Araneta Properties' Cyclically Adjusted PB Ratio too high?
Araneta Properties' current Cyclically Adjusted PB Ratio of 0.23 is 78% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 2.52. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Araneta Properties' value of 0.23 is 67.6% below this industry median. Based on the distribution chart, Araneta Properties ranks #283 out of 1440 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Araneta Properties has a GF Score™ of 26/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Araneta Properties' Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Araneta Properties ranks #283 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Araneta Properties in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.71. Araneta Properties' value of 0.23 is 67.6% below this benchmark. Historically, Araneta Properties' own Cyclically Adjusted PB Ratio has ranged from 0.23 to 2.52 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.71, Araneta Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,440 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Araneta Properties's current Cyclically Adjusted PB Ratio of 0.23 is 67.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Araneta Properties and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Araneta Properties's current Cyclically Adjusted PB Ratio is 0.23, which is 78% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Araneta Properties stock overvalued right now?
Based on GuruFocus' analysis, Araneta Properties (PHS:ARA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱0.41, compared to a current price of ₱0.26 — trading 36.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.23, which is 78% below median its 10-year median of 1.05 and 67.6% below the Real Estate industry median of 0.71. Araneta Properties' overall GF Score™ is 26/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Araneta Properties (PHS:ARA), the current Cyclically Adjusted PB Ratio is 0.23 as of Jul. 06, 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 Araneta Properties (PHS:ARA) Overvalued in 2026?

Based on GuruFocus' analysis, Araneta Properties stock appears to be undervalued. The current stock price of ₱0.26 is trading 36.6% below its estimated GF Value™ of ₱0.41. GuruFocus considers Araneta Properties to be Significantly Undervalued.

Key valuation signals for PHS:ARA:

  • Cyclically Adjusted PB Ratio: 0.23 (78% below median its 10-year median of 1.05)
  • GF Value™: ₱0.41 vs. price of ₱0.26 (36.6% below fair value)
  • GF Score™: 26/100 with 4 warning signs
  • Industry Position: 67.6% below the Real Estate median (#283 of 1440)

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


Araneta Properties Business Description

Address Paseo de Roxas, 21st Floor, BDO Towers Valero Condo Corp, Salcedo Village, Makati, PHL, 1227
Araneta Properties Inc is a real estate developer in the Philippines. The company acquires, owns, holds, improves, develops residential, commercial, and industrial properties. Its property portfolio consists of San Jose del Monte, Bulacan Property; Manticao Misamis Oriental Property; Land Banking Activities in San Jose Del Monte, Bulacan; Land Banking Activities City of Laoag, Ilocos Norte, and others.
26GF Score

Get the complete analysis for PHS:ARA

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

₱0.26
Price
₱0.41
GF Value