Philippine Realty & Holdings (PHS:RLT) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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:RLT Philippine Realty & Holdings Corp PHS:RLT
25 GF Score
Price ₱0.11
GF Value ₱0.06
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Philippine Realty & Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Philippine Realty & Holdings  (PHS:RLT) 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.


Philippine Realty & Holdings Cyclically Adjusted PB Ratio Related Terms


Philippine Realty & Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Philippine Realty & Holdings'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.

Philippine Realty & Holdings Cyclically Adjusted PB Ratio Chart

Philippine Realty & Holdings 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 0.26 0.23 0.16 0.14 0.12

Philippine Realty & Holdings 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 0.14 0.13 0.13 0.12 0.11

Philippine Realty & Holdings Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Philippine Realty & Holdings'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.


Philippine Realty & Holdings Cyclically Adjusted PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Philippine Realty & Holdings's Cyclically Adjusted PB Ratio falls into.


PHS:RLT
25GF Score
Philippine Realty & Holdings Corp PHS:RLT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Philippine Realty & Holdings 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.

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

For example, Philippine Realty & Holdings'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)
=0.716/333.9520*333.9520
=0.716

Current CPI (Jun. 2026) = 333.9520.

Philippine Realty & Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.646 241.428 0.894
201612 0.606 241.432 0.838
201703 0.599 243.801 0.820
201706 0.604 244.955 0.823
201709 0.613 246.819 0.829
201712 0.664 246.524 0.899
201803 0.666 249.554 0.891
201806 0.670 251.989 0.888
201809 0.671 252.439 0.888
201812 0.744 251.233 0.989
201903 0.748 254.202 0.983
201906 0.752 256.143 0.980
201909 0.759 256.759 0.987
201912 0.831 256.974 1.080
202003 0.831 258.115 1.075
202006 0.826 257.797 1.070
202009 0.810 260.280 1.039
202012 0.839 260.474 1.076
202103 0.831 264.877 1.048
202106 0.804 271.696 0.988
202109 0.799 274.310 0.973
202112 0.824 278.802 0.987
202203 0.822 287.504 0.955
202206 0.822 296.311 0.926
202209 0.814 296.808 0.916
202212 0.850 296.797 0.956
202303 0.846 301.836 0.936
202306 0.836 305.109 0.915
202309 0.831 307.789 0.902
202312 0.746 306.746 0.812
202403 0.734 312.332 0.785
202406 0.727 314.175 0.773
202409 0.726 315.301 0.769
202412 0.733 315.605 0.776
202503 0.727 319.799 0.759
202506 0.721 322.561 0.746
202509 0.712 324.800 0.732
202512 0.728 324.054 0.750
202603 0.722 330.213 0.730
202606 0.716 333.952 0.716

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 Philippine Realty & Holdings (PHS:RLT) Overvalued in 2026?

Based on GuruFocus' analysis, Philippine Realty & Holdings stock appears to be overvalued. The current stock price of ₱0.11 is trading 85% above its estimated GF Value™ of ₱0.06. GuruFocus considers Philippine Realty & Holdings to be Significantly Overvalued.

Key valuation signals for PHS:RLT:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₱0.06 vs. price of ₱0.11 (85% above fair value)
  • GF Score™: 25/100 with 7 warning signs

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


Philippine Realty & Holdings Business Description

Address 1 Balete Drive corner N. Domingo Street, Barangay Kaunlaran, District 4, Quezon, PHL, 1111
Philippine Realty & Holdings Corp is engaged in the development and sale of residential and office condominium projects, as well as the lease of commercial and office spaces.
25GF Score

Get the complete analysis for PHS:RLT

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

₱0.11
Price
₱0.06
GF Value