Concreat Holdings Philippines (PHS:CHP) Cyclically Adjusted PB Ratio: (As of Aug. 20, 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:CHP Concreat Holdings Philippines Inc PHS:CHP
48 GF Score
Price ₱1.20
GF Value ₱1.40
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Concreat Holdings Philippines Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Concreat Holdings Philippines  (PHS:CHP) 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.


Concreat Holdings Philippines Cyclically Adjusted PB Ratio Related Terms


Concreat Holdings Philippines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Concreat Holdings Philippines'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.

Concreat Holdings Philippines Cyclically Adjusted PB Ratio Chart

Concreat Holdings Philippines 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 0.00 0.00 0.00 0.40 0.25

Concreat Holdings Philippines 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 0.28 0.27 0.25 0.20 0.00

PHS:CHP vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Concreat Holdings Philippines'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.


Concreat Holdings Philippines Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Concreat Holdings Philippines's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PHS:CHP
48GF Score
Concreat Holdings Philippines Inc PHS:CHP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Concreat Holdings Philippines 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.

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

For example, Concreat Holdings Philippines'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)
=1.196/333.9520*333.9520
=1.196

Current CPI (Jun. 2026) = 333.9520.

Concreat Holdings Philippines Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.011 241.428 6.931
201612 4.999 241.432 6.915
201703 5.062 243.801 6.934
201706 5.091 244.955 6.941
201709 5.131 246.819 6.942
201712 5.107 246.524 6.918
201803 5.181 249.554 6.933
201806 5.088 251.989 6.743
201809 5.087 252.439 6.730
201812 5.006 251.233 6.654
201903 5.037 254.202 6.617
201906 5.099 256.143 6.648
201909 5.128 256.759 6.670
201912 5.170 256.974 6.719
202003 3.142 258.115 4.065
202006 3.130 257.797 4.055
202009 3.161 260.280 4.056
202012 3.181 260.474 4.078
202103 3.204 264.877 4.040
202106 3.252 271.696 3.997
202109 3.287 274.310 4.002
202112 3.277 278.802 3.925
202203 3.312 287.504 3.847
202206 3.314 296.311 3.735
202209 3.310 296.808 3.724
202212 3.271 296.797 3.680
202303 3.226 301.836 3.569
202306 3.211 305.109 3.515
202309 3.186 307.789 3.457
202312 3.113 306.746 3.389
202403 3.057 312.332 3.269
202406 2.976 314.175 3.163
202409 2.912 315.301 3.084
202412 1.307 315.605 1.383
202503 1.243 319.799 1.298
202506 1.129 322.561 1.169
202509 1.082 324.800 1.112
202512 1.017 324.054 1.048
202603 0.970 330.213 0.981
202606 1.196 333.952 1.196

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 Concreat Holdings Philippines (PHS:CHP) Overvalued in 2026?

Based on GuruFocus' analysis, Concreat Holdings Philippines stock appears to be undervalued. The current stock price of ₱1.20 is trading 14.3% below its estimated GF Value™ of ₱1.40. GuruFocus considers Concreat Holdings Philippines to be Modestly Undervalued.

Key valuation signals for PHS:CHP:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₱1.40 vs. price of ₱1.20 (14.3% below fair value)
  • GF Score™: 48/100 with 8 warning signs

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


Concreat Holdings Philippines Business Description

Address 358 Sen. Gil. J. Puyat Avenue, 34th Floor Petron Mega Plaza Building, Makati, PHL, 1200
Concreat Holdings Philippines Inc Company's primary purpose is to invest in or purchase real or personal property; and to acquire and own, hold, use, sell, assign, transfer, mortgage all kinds of properties, such as shares of stock, bonds, debentures, notes, or other securities and obligations. The Group's sole main activity is oriented to the construction industry through the production, distribution, marketing and sale of cement, and other construction materials. Hence, the Group represents a single operating segment.
48GF Score

Get the complete analysis for PHS:CHP

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

₱1.20
Price
₱1.40
GF Value