Keppel Philippines PropertiesPHS:KEP +1.89%42 Cyclically Adjusted PB Ratio is 0.32 as of Jul. 09, 2026, which is 35% below its 10-year median of 0.49. GuruFocus rates PHS:KEP with a GF Score™ of 42/100 and a GF Value™ of ₱1.09 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,439 Real Estate companies, Keppel Philippines Properties ranks better than 74.15% on this metric.
The historical rank and industry rank for Keppel Philippines Properties's Cyclically Adjusted PB Ratio or its related term are showing as below:
PHS:KEP'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.49 Max: 1.73
Current: 0.32
During the past years, Keppel Philippines Properties's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 0.23. And the median was 0.49.
PHS:KEP's Cyclically Adjusted PB Ratio is ranked better than 74.15% of 1439
companies
in the Real Estate industry
Industry Median: 0.71
vs PHS:KEP: 0.32
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.
Keppel Philippines Properties's adjusted book value per share data for the three months ended in Mar. 2026 was ₱1.255. 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 ₱8.35 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Keppel Philippines Properties (PHS:KEP) 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.
Keppel Philippines Properties Cyclically Adjusted PB Ratio Related Terms
Keppel Philippines Properties Cyclically Adjusted PB Ratio Historical Data
* 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.
Keppel Philippines Properties Cyclically Adjusted PB Ratio Chart
Keppel Philippines Properties Cyclically Adjusted PB Ratio Competitor Comparison
For the Real Estate - Diversified subindustry, Keppel Philippines 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.
Keppel Philippines Properties Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Keppel Philippines Properties's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Keppel Philippines Properties's Cyclically Adjusted PB Ratio falls into.
Keppel Philippines 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.
* 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.
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 0.32 mean?
Keppel Philippines Properties (PHS:KEP) has a Cyclically Adjusted PB Ratio of 0.32 as of Jul. 09, 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 Keppel Philippines Properties and its competitors. This is 35% below median its historical median of 0.49. Over the past decade, Keppel Philippines Properties' Cyclically Adjusted PB Ratio has ranged from 0.23 to 1.73. According to the industry distribution chart, Keppel Philippines Properties ranks #372 out of 1439 companies in the Real Estate industry, placing it in the top 25.9%.
Is Keppel Philippines Properties' Cyclically Adjusted PB Ratio too high?
Keppel Philippines Properties' current Cyclically Adjusted PB Ratio of 0.32 is 35% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.73. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Keppel Philippines Properties' value of 0.32 is 54.9% below this industry median. Based on the distribution chart, Keppel Philippines Properties ranks #372 out of 1439 companies in the Real Estate industry, which is above the industry midpoint. Overall, Keppel Philippines Properties has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keppel Philippines Properties' Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Keppel Philippines Properties ranks #372 out of 1439 companies for Cyclically Adjusted PB Ratio. This puts Keppel Philippines Properties in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Keppel Philippines Properties' value of 0.32 is 54.9% below this benchmark. Historically, Keppel Philippines Properties' own Cyclically Adjusted PB Ratio has ranged from 0.23 to 1.73 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.71, Keppel Philippines 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 1,439 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. Keppel Philippines Properties's current Cyclically Adjusted PB Ratio of 0.32 is 54.9% 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 Keppel Philippines 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. Keppel Philippines Properties's current Cyclically Adjusted PB Ratio is 0.32, which is 35% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel Philippines Properties stock overvalued right now?
Based on GuruFocus' analysis, Keppel Philippines Properties (PHS:KEP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱1.09, compared to a current price of ₱2.69 — trading 146.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 35% below median its 10-year median of 0.49 and 54.9% below the Real Estate industry median of 0.71. Keppel Philippines Properties' overall GF Score™ is 42/100 with 1 warning sign 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 Keppel Philippines Properties (PHS:KEP), the current Cyclically Adjusted PB Ratio is 0.32 as of Jul. 09, 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 Keppel Philippines Properties (PHS:KEP) Overvalued in 2026?
Based on GuruFocus' analysis, Keppel Philippines Properties stock appears to be overvalued.
The current stock price of ₱2.69 is trading 146.8% above its estimated GF Value™ of ₱1.09.
GuruFocus considers Keppel Philippines Properties to be Significantly Overvalued.
Key valuation signals for PHS:KEP:
Cyclically Adjusted PB Ratio: 0.32 (35% below median its 10-year median of 0.49)
GF Value™: ₱1.09 vs. price of ₱2.69 (146.8% above fair value)
Industry Position: 54.9% below the Real Estate median (#372 of 1439)
No single metric tells the full story. See the PHS:KEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keppel Philippines Properties Business Description
Keppel Philippines Properties Inc along with its subsidiaries, is engaged in the acquisition and development of suitable land sites for residential, office, and commercial uses. It is also an investment holding company that focuses on investments in stocks, shares, securities, and other investment instruments and property management consultancy services. It is engaged in real estate development and leasing of office and commercial buildings and renders property management consultancy services to its associates. Geographically, the company caters its services only to the Philippines market. Its Projects include: Commercial and Residential.
42GF Score
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