Cityland Development (PHS:CDC) Cyclically Adjusted PB Ratio: 0.30 (As of Jul. 02, 2026) — 35% Below Median


PHS:CDC Cityland Development Corp PHS:CDC
46 GF Score
Price ₱0.60
GF Value ₱0.75
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Cityland Development Cyclically Adjusted PB Ratio?

Cityland Development PHS:CDC -1.64% 46 Cyclically Adjusted PB Ratio is 0.30 as of Jul. 02, 2026, which is 35% below its 10-year median of 0.46. GuruFocus rates PHS:CDC with a GF Score™ of 46/100 and a GF Value™ of ₱0.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,437 Real Estate companies, Cityland Development ranks better than 75.78% on this metric.

As of today (2026-07-02), Cityland Development's current share price is ₱0.60. Cityland Development's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱2.01. Cityland Development's Cyclically Adjusted PB Ratio for today is 0.30.

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

PHS:CDC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.46   Max: 0.84
Current: 0.29

During the past years, Cityland Development's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.27. And the median was 0.46.

PHS:CDC's Cyclically Adjusted PB Ratio is ranked better than
75.78% of 1437 companies
in the Real Estate industry
Industry Median: 0.7 vs PHS:CDC: 0.29

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.

Cityland Development's adjusted book value per share data for the three months ended in Mar. 2026 was ₱2.296. 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 ₱2.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cityland Development  (PHS:CDC) 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.


Cityland Development Cyclically Adjusted PB Ratio Related Terms


Cityland Development Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cityland Development'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.

Cityland Development Cyclically Adjusted PB Ratio Chart

Cityland Development 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 0.50 0.41 0.40 0.37 0.30

Cityland Development 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 0.33 0.33 0.30 0.30 0.27

PHS:CDC vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison

For the Real Estate Services subindustry, Cityland Development'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.


Cityland Development Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


PHS:CDC
46GF Score
Cityland Development Corp PHS:CDC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cityland Development 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.

Cityland Development's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.60/2.01
=0.30

* 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.

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

For example, Cityland Development'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)
=2.296/330.2130*330.2130
=2.296

Current CPI (Mar. 2026) = 330.2130.

Cityland Development Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.245 241.018 1.706
201609 1.265 241.428 1.730
201612 1.347 241.432 1.842
201703 1.303 243.801 1.765
201706 1.302 244.955 1.755
201709 1.324 246.819 1.771
201712 1.354 246.524 1.814
201803 1.383 249.554 1.830
201806 1.379 251.989 1.807
201809 1.406 252.439 1.839
201812 1.445 251.233 1.899
201903 1.485 254.202 1.929
201906 1.478 256.143 1.905
201909 1.512 256.759 1.945
201912 1.536 256.974 1.974
202003 1.562 258.115 1.998
202006 1.578 257.797 2.021
202009 1.661 260.280 2.107
202012 1.610 260.474 2.041
202103 1.632 264.877 2.035
202106 1.666 271.696 2.025
202109 1.677 274.310 2.019
202112 1.709 278.802 2.024
202203 1.743 287.504 2.002
202206 1.772 296.311 1.975
202209 1.850 296.808 2.058
202212 1.894 296.797 2.107
202303 1.941 301.836 2.123
202306 1.957 305.109 2.118
202309 2.004 307.789 2.150
202312 2.042 306.746 2.198
202403 2.045 312.332 2.162
202406 2.025 314.175 2.128
202409 2.064 315.301 2.162
202412 2.162 315.605 2.262
202503 2.174 319.799 2.245
202506 2.173 322.561 2.225
202509 2.215 324.800 2.252
202512 2.259 324.054 2.302
202603 2.296 330.213 2.296

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 0.30 mean?
Cityland Development (PHS:CDC) has a Cyclically Adjusted PB Ratio of 0.30 as of Jul. 02, 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 Cityland Development and its competitors. This is 35% below median its historical median of 0.46. Over the past decade, Cityland Development's Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.84. According to the industry distribution chart, Cityland Development ranks #348 out of 1437 companies in the Real Estate industry, placing it in the top 24.2%.
Is Cityland Development's Cyclically Adjusted PB Ratio too high?
Cityland Development's current Cyclically Adjusted PB Ratio of 0.30 is 35% below median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.84. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.70. Cityland Development's value of 0.30 is 57.1% below this industry median. Based on the distribution chart, Cityland Development ranks #348 out of 1437 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Cityland Development has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cityland Development's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Cityland Development ranks #348 out of 1437 companies for Cyclically Adjusted PB Ratio. This places Cityland Development in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.70. Cityland Development's value of 0.30 is 57.1% below this benchmark. Historically, Cityland Development's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.84 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.70, Cityland Development 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 0.70, based on 1,437 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. Cityland Development's current Cyclically Adjusted PB Ratio of 0.30 is 57.1% 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 Cityland Development and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cityland Development's current Cyclically Adjusted PB Ratio is 0.30, which is 35% below median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cityland Development stock overvalued right now?
Based on GuruFocus' analysis, Cityland Development (PHS:CDC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱0.75, compared to a current price of ₱0.60 — trading 20% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.30, which is 35% below median its 10-year median of 0.46 and 57.1% below the Real Estate industry median of 0.70. Cityland Development's overall GF Score™ is 46/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Cityland Development (PHS:CDC), the current Cyclically Adjusted PB Ratio is 0.30 as of Jul. 02, 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 Cityland Development (PHS:CDC) Overvalued in 2026?

Based on GuruFocus' analysis, Cityland Development stock appears to be undervalued. The current stock price of ₱0.60 is trading 20% below its estimated GF Value™ of ₱0.75. GuruFocus considers Cityland Development to be Modestly Undervalued.

Key valuation signals for PHS:CDC:

  • Cyclically Adjusted PB Ratio: 0.30 (35% below median its 10-year median of 0.46)
  • GF Value™: ₱0.75 vs. price of ₱0.60 (20% below fair value)
  • GF Score™: 46/100 with 3 warning signs
  • Industry Position: 57.1% below the Real Estate median (#348 of 1437)

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


Cityland Development Business Description

Address 156 H.V. Dela Costa Street, 3rd Floor, Cityland Condominium 10, Tower II, Makati, PHL, 1226
Cityland Development Corp operates as a real estate company that acquire, develop, improve, subdivide, cultivate, lease, sublease, sell, exchange, barter and/or dispose of agricultural, industrial, commercial, residential and other real properties, as well as to construct, improve, lease, sublease, sell and/or dispose of houses, buildings and other improvements thereon, and to manage and operate subdivisions and housing projects or otherwise engage in the financing and trading of real estate. Its operations are carried through the following segments: Sale of Real Estate Properties, Lease of Real Estate Properties, and Pension Plan Operations. The Company derives its revenues from the sale and lease of real estate properties and its investments in trust funds.
46GF Score

Get the complete analysis for PHS:CDC

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

₱0.60
Price
₱0.75
GF Value