Megaworld (PHS:MEG) Cyclically Adjusted PB Ratio: 0.30 (As of Jul. 08, 2026) — 32% Below Median


PHS:MEG Megaworld Corp PHS:MEG
93 GF Score
Price ₱2.08
GF Value ₱2.06
Valuation Fairly Valued
! 3 Warning Signs
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What is Megaworld Cyclically Adjusted PB Ratio?

Megaworld PHS:MEG -0.95% 93 Cyclically Adjusted PB Ratio is 0.30 as of Jul. 08, 2026, which is 32% below its 10-year median of 0.44. GuruFocus rates PHS:MEG with a GF Score™ of 93/100 and a GF Value™ of ₱2.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,440 Real Estate companies, Megaworld ranks better than 75.62% on this metric.

As of today (2026-07-08), Megaworld's current share price is ₱2.08. Megaworld's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱7.02. Megaworld's Cyclically Adjusted PB Ratio for today is 0.30.

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

PHS:MEG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.44   Max: 1.81
Current: 0.3

During the past years, Megaworld's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.27. And the median was 0.44.

PHS:MEG's Cyclically Adjusted PB Ratio is ranked better than
75.62% of 1440 companies
in the Real Estate industry
Industry Median: 0.71 vs PHS:MEG: 0.30

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.

Megaworld's adjusted book value per share data for the three months ended in Mar. 2026 was ₱8.479. 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 ₱7.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Megaworld  (PHS:MEG) 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.


Megaworld Cyclically Adjusted PB Ratio Related Terms


Megaworld Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Megaworld'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.

Megaworld Cyclically Adjusted PB Ratio Chart

Megaworld 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 0.68 0.38 0.34 0.32 0.31

Megaworld 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 0.27 0.30 0.30 0.31 0.30

Megaworld Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Megaworld'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.


Megaworld Cyclically Adjusted PB Ratio vs Real Estate Industry

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

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


PHS:MEG
93GF Score
Megaworld Corp PHS:MEG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megaworld 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.

Megaworld's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.08/7.02
=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.

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

For example, Megaworld'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)
=8.479/330.2130*330.2130
=8.479

Current CPI (Mar. 2026) = 330.2130.

Megaworld Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.728 241.018 5.108
201609 3.829 241.428 5.237
201612 3.951 241.432 5.404
201703 3.977 243.801 5.387
201706 4.048 244.955 5.457
201709 4.170 246.819 5.579
201712 4.375 246.524 5.860
201803 4.398 249.554 5.819
201806 4.789 251.989 6.276
201809 4.921 252.439 6.437
201812 5.081 251.233 6.678
201903 5.203 254.202 6.759
201906 5.254 256.143 6.773
201909 5.374 256.759 6.911
201912 5.534 256.974 7.111
202003 5.657 258.115 7.237
202006 5.696 257.797 7.296
202009 5.775 260.280 7.327
202012 5.812 260.474 7.368
202103 5.589 264.877 6.968
202106 5.675 271.696 6.897
202109 5.784 274.310 6.963
202112 6.240 278.802 7.391
202203 6.334 287.504 7.275
202206 6.450 296.311 7.188
202209 6.537 296.808 7.273
202212 6.643 296.797 7.391
202303 6.825 301.836 7.467
202306 6.952 305.109 7.524
202309 7.209 307.789 7.734
202312 7.304 306.746 7.863
202403 7.438 312.332 7.864
202406 7.655 314.175 8.046
202409 7.499 315.301 7.854
202412 7.563 315.605 7.913
202503 7.706 319.799 7.957
202506 7.890 322.561 8.077
202509 8.036 324.800 8.170
202512 8.227 324.054 8.383
202603 8.479 330.213 8.479

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?
Megaworld (PHS:MEG) has a Cyclically Adjusted PB Ratio of 0.30 as of Jul. 08, 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 Megaworld and its competitors. This is 32% below median its historical median of 0.44. Over the past decade, Megaworld's Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.81. According to the industry distribution chart, Megaworld ranks #351 out of 1440 companies in the Real Estate industry, placing it in the top 24.4%.
Is Megaworld's Cyclically Adjusted PB Ratio too high?
Megaworld's current Cyclically Adjusted PB Ratio of 0.30 is 32% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 1.81. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Megaworld's value of 0.30 is 57.7% below this industry median. Based on the distribution chart, Megaworld ranks #351 out of 1440 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Megaworld has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Megaworld's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Megaworld ranks #351 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Megaworld in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.71. Megaworld's value of 0.30 is 57.7% below this benchmark. Historically, Megaworld's own Cyclically Adjusted PB Ratio has ranged from 0.27 to 1.81 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.71, Megaworld 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. Megaworld's current Cyclically Adjusted PB Ratio of 0.30 is 57.7% 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 Megaworld 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. Megaworld's current Cyclically Adjusted PB Ratio is 0.30, which is 32% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megaworld stock overvalued right now?
Based on GuruFocus' analysis, Megaworld (PHS:MEG) is currently considered Fairly Valued. The stock's GF Value™ is ₱2.06, compared to a current price of ₱2.08 — trading 1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.30, which is 32% below median its 10-year median of 0.44 and 57.7% below the Real Estate industry median of 0.71. Megaworld's overall GF Score™ is 93/100 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 Megaworld (PHS:MEG), the current Cyclically Adjusted PB Ratio is 0.30 as of Jul. 08, 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 Megaworld (PHS:MEG) Overvalued in 2026?

Based on GuruFocus' analysis, Megaworld stock appears to be overvalued. The current stock price of ₱2.08 is trading 1% above its estimated GF Value™ of ₱2.06. GuruFocus considers Megaworld to be Fairly Valued.

Key valuation signals for PHS:MEG:

  • Cyclically Adjusted PB Ratio: 0.30 (32% below median its 10-year median of 0.44)
  • GF Value™: ₱2.06 vs. price of ₱2.08 (1% above fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 57.7% below the Real Estate median (#351 of 1440)

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


Megaworld Business Description

Other Exchanges MGAWY:USAMGAWF:USA
Address 36th Street Cor. 11th Avenue, 30th Floor, Alliance Global Tower, Uptown Bonifacio, Metro Manila, Taguig, PHL, 1634
Megaworld Corp is one of the property developers in the Philippines and is engaged in the development of large-scale mixed-use planned communities, or community townships, that comprise residential, commercial and office developments and integrate leisure, entertainment and educational/training components. The Company's real estate portfolio includes residential condominium units, subdivision lots and townhouses as well as office projects and retail space. It has the following three primary business segments: (i)The Rental segment, (ii) management of hotel operations and The Real Estate segment. The Rental segment includes leasing of office and commercial spaces and the Hotel Operations segment relates to the management of hotel business operations.
93GF Score

Get the complete analysis for PHS:MEG

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

₱2.08
Price
₱2.06
GF Value