Filinvest Land (PHS:FLI) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.
Reviewed by: Charlie Tian Charlie Tian
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:FLI Filinvest Land Inc PHS:FLI
58 GF Score
Price ₱0.68
GF Value ₱0.82
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Filinvest Land Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Filinvest Land  (PHS:FLI) 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.


Filinvest Land Cyclically Adjusted PB Ratio Related Terms


Filinvest Land Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Filinvest Land'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.

Filinvest Land Cyclically Adjusted PB Ratio Chart

Filinvest Land 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 0.38 0.28 0.17 0.20 0.20

Filinvest Land 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 0.21 0.22 0.20 0.19 0.18

Filinvest Land Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Filinvest Land'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.


Filinvest Land Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


PHS:FLI
58GF Score
Filinvest Land Inc PHS:FLI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Filinvest Land 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.

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

For example, Filinvest Land'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)
=4.335/333.9520*333.9520
=4.335

Current CPI (Jun. 2026) = 333.9520.

Filinvest Land Quarterly Data

Book Value per Share CPI Adj_Book
201609 241.428 0.000
201612 2.447 241.432 3.385
201703 2.502 243.801 3.427
201706 244.955 0.000
201709 2.532 246.819 3.426
201712 2.615 246.524 3.542
201803 2.676 249.554 3.581
201806 2.669 251.989 3.537
201809 2.722 252.439 3.601
201812 2.771 251.233 3.683
201903 2.862 254.202 3.760
201906 2.857 256.143 3.725
201909 2.916 256.759 3.793
201912 2.973 256.974 3.864
202003 3.031 258.115 3.922
202006 3.003 257.797 3.890
202009 3.017 260.280 3.871
202012 3.064 260.474 3.928
202103 3.096 264.877 3.903
202106 3.111 271.696 3.824
202109 3.675 274.310 4.474
202112 3.699 278.802 4.431
202203 3.734 287.504 4.337
202206 3.715 296.311 4.187
202209 3.746 296.808 4.215
202212 3.770 296.797 4.242
202303 3.803 301.836 4.208
202306 3.792 305.109 4.150
202309 3.831 307.789 4.157
202312 3.884 306.746 4.228
202403 3.548 312.332 3.794
202406 3.521 314.175 3.743
202409 3.805 315.301 4.030
202412 4.166 315.605 4.408
202503 4.205 319.799 4.391
202506 4.195 322.561 4.343
202509 4.253 324.800 4.373
202512 4.301 324.054 4.432
202603 4.342 330.213 4.391
202606 4.335 333.952 4.335

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 Filinvest Land (PHS:FLI) Overvalued in 2026?

Based on GuruFocus' analysis, Filinvest Land stock appears to be undervalued. The current stock price of ₱0.68 is trading 17.1% below its estimated GF Value™ of ₱0.82. GuruFocus considers Filinvest Land to be Modestly Undervalued.

Key valuation signals for PHS:FLI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₱0.82 vs. price of ₱0.68 (17.1% below fair value)
  • GF Score™: 58/100 with 5 warning signs

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


Filinvest Land Business Description

Address 79 EDSA, Filinvest Building, Barangay Highway Hills, Metro Manila, Mandaluyong City, PHL, 1550
Filinvest Land Inc is a Philippines-based company and a property developer engaged mainly in the development of residential subdivisions, construction of housing units, and leasing activities. The company offers several real estate projects, including residential property, leisure property, offices, commercial property, and townscapes, which feature a complete live-work-play environment for families. The company owns a network of sales offices, in-house sales agents, and brokers across the Philippines. It focuses on the middle-income customer segment but also offers projects that meet demand from the low-end and high-end components.
58GF Score

Get the complete analysis for PHS:FLI

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

₱0.68
Price
₱0.82
GF Value