Xurpas (PHS:X) Cyclically Adjusted PB Ratio: 0.30 (As of Jul. 31, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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:X Xurpas Inc PHS:X
20 GF Score
Price ₱0.21
GF Value ₱0.22
Valuation Fairly Valued
! 6 Warning Signs
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What is Xurpas Cyclically Adjusted PB Ratio?

Xurpas PHS:X -6.82% 20 Cyclically Adjusted PB Ratio is 0.30 as of Jul. 31, 2026, which is 3% above its 10-year median of 0.29. GuruFocus rates PHS:X with a GF Score™ of 20/100 and a GF Value™ of ₱0.22 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,576 Software companies, Xurpas ranks better than 90.36% on this metric.

As of today (2026-07-31), Xurpas's current share price is ₱0.205. Xurpas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱0.69. Xurpas's Cyclically Adjusted PB Ratio for today is 0.30.

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

PHS:X' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.29   Max: 0.39
Current: 0.36

During the past years, Xurpas's highest Cyclically Adjusted PB Ratio was 0.39. The lowest was 0.20. And the median was 0.29.

PHS:X's Cyclically Adjusted PB Ratio is ranked better than
90.36% of 1576 companies
in the Software industry
Industry Median: 2.235 vs PHS:X: 0.36

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.

Xurpas's adjusted book value per share data for the three months ended in Mar. 2026 was ₱-0.089. 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 ₱0.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xurpas  (PHS:X) 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.


Xurpas Cyclically Adjusted PB Ratio Related Terms


Xurpas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xurpas'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.

Xurpas Cyclically Adjusted PB Ratio Chart

Xurpas 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 0.23 0.23 0.36

Xurpas 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 0.25 0.32 0.25 0.36 0.36

PHS:X vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, Xurpas'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.


Xurpas Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Xurpas's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PHS:X
20GF Score
Xurpas Inc PHS:X
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Xurpas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.205/0.69
=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.

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

For example, Xurpas'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)
=-0.089/330.2130*330.2130
=-0.089

Current CPI (Mar. 2026) = 330.2130.

Xurpas Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.116 241.018 1.529
201609 1.123 241.428 1.536
201612 1.592 241.432 2.177
201703 1.654 243.801 2.240
201706 1.382 244.955 1.863
201709 1.397 246.819 1.869
201712 1.397 246.524 1.871
201803 1.447 249.554 1.915
201806 1.417 251.989 1.857
201809 1.839 252.439 2.406
201812 1.447 251.233 1.902
201903 1.410 254.202 1.832
201906 1.387 256.143 1.788
201909 1.117 256.759 1.437
201912 0.066 256.974 0.085
202003 0.063 258.115 0.081
202006 0.051 257.797 0.065
202009 0.058 260.280 0.074
202012 0.054 260.474 0.068
202103 0.054 264.877 0.067
202106 0.054 271.696 0.066
202109 0.058 274.310 0.070
202112 0.056 278.802 0.066
202203 0.093 287.504 0.107
202206 0.081 296.311 0.090
202209 0.069 296.808 0.077
202212 0.052 296.797 0.058
202303 0.053 301.836 0.058
202306 0.060 305.109 0.065
202309 0.044 307.789 0.047
202312 0.070 306.746 0.075
202403 0.067 312.332 0.071
202406 0.052 314.175 0.055
202409 0.046 315.301 0.048
202412 0.021 315.605 0.022
202503 0.017 319.799 0.018
202506 0.013 322.561 0.013
202509 0.004 324.800 0.004
202512 -0.083 324.054 -0.085
202603 -0.089 330.213 -0.089

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?
Xurpas (PHS:X) has a Cyclically Adjusted PB Ratio of 0.30 as of Jul. 31, 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 Xurpas and its competitors. This is near median its historical median of 0.29. Over the past decade, Xurpas' Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.39. According to the industry distribution chart, Xurpas ranks #152 out of 1576 companies in the Software industry, placing it in the top 9.6%.
Is Xurpas' Cyclically Adjusted PB Ratio too high?
Xurpas' current Cyclically Adjusted PB Ratio of 0.30 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.39. The Software industry median Cyclically Adjusted PB Ratio is 2.24. Xurpas' value of 0.30 is 86.6% below this industry median. Based on the distribution chart, Xurpas ranks #152 out of 1576 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Xurpas has a GF Score™ of 20/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Xurpas' Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Xurpas ranks #152 out of 1576 companies for Cyclically Adjusted PB Ratio. This places Xurpas in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.24. Xurpas' value of 0.30 is 86.6% below this benchmark. Historically, Xurpas' own Cyclically Adjusted PB Ratio has ranged from 0.20 to 0.39 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 2.24, Xurpas 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.24, based on 1,576 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. Xurpas's current Cyclically Adjusted PB Ratio of 0.30 is 86.6% 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 Xurpas and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xurpas's current Cyclically Adjusted PB Ratio is 0.30, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xurpas stock overvalued right now?
Based on GuruFocus' analysis, Xurpas (PHS:X) is currently considered Fairly Valued. The stock's GF Value™ is ₱0.22, compared to a current price of ₱0.21 — trading 6.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.30, which is near median its 10-year median of 0.29 and 86.6% below the Software industry median of 2.24. Xurpas' overall GF Score™ is 20/100 with 6 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 Xurpas (PHS:X), the current Cyclically Adjusted PB Ratio is 0.30 as of Jul. 31, 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 Xurpas (PHS:X) Overvalued in 2026?

Based on GuruFocus' analysis, Xurpas stock appears to be undervalued. The current stock price of ₱0.21 is trading 6.8% below its estimated GF Value™ of ₱0.22. GuruFocus considers Xurpas to be Fairly Valued.

Key valuation signals for PHS:X:

  • Cyclically Adjusted PB Ratio: 0.30 (near median its 10-year median of 0.29)
  • GF Value™: ₱0.22 vs. price of ₱0.21 (6.8% below fair value)
  • GF Score™: 20/100 with 6 warning signs
  • Industry Position: 86.6% below the Software median (#152 of 1576)

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


Xurpas Business Description

Address 121 Valero Street, Unit 804, Antel 2000 Corporate Center, Salcedo Village, Makati, PHL, 1227
Xurpas Inc is a consumer technology company in the Philippines. The company offers a complete portfolio of products and services ranging from mobile casual games, messaging, web and mobile application development, enterprise solutions, and systems architecture to HR services technology platforms. Its key operating segments include Mobile Consumer Services which includes airtime management, content development, and advertising solutions and Enterprise Services includes platform development and social media-related services.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱0.21
Price
₱0.22
GF Value