Philippine Racing Club (PHS:PRC) Cyclically Adjusted Price-to-FCF: 10.02 (As of Sep. 08, 2026) — 28% Below Median

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:PRC Philippine Racing Club Inc PHS:PRC
64 GF Score
Price ₱5.01
GF Value ₱4.92
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Philippine Racing Club Cyclically Adjusted Price-to-FCF?

Philippine Racing Club PHS:PRC 64 Cyclically Adjusted Price-to-FCF is 10.02 as of Sep. 08, 2026, which is 28% below its 10-year median of 13.92. GuruFocus rates PHS:PRC with a GF Score™ of 64/100 and a GF Value™ of ₱4.92 (Fairly Valued). The stock has 2 warning signs investors should review. Among 744 Real Estate companies, Philippine Racing Club ranks better than 56.72% on this metric.

As of today (2026-09-08), Philippine Racing Club's current share price is ₱5.01. Philippine Racing Club's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ₱0.50. Philippine Racing Club's Cyclically Adjusted Price-to-FCF for today is 10.02.

The historical rank and industry rank for Philippine Racing Club's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

PHS:PRC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.73   Med: 13.92   Max: 28.22
Current: 10.04

During the past years, Philippine Racing Club's highest Cyclically Adjusted Price-to-FCF was 28.22. The lowest was 8.73. And the median was 13.92.

PHS:PRC's Cyclically Adjusted Price-to-FCF is ranked better than
56.72% of 744 companies
in the Real Estate industry
Industry Median: 12.11 vs PHS:PRC: 10.04

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Philippine Racing Club's adjusted free cash flow per share data for the three months ended in Jun. 2026 was ₱-0.009. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₱0.50 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philippine Racing Club  (PHS:PRC) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Philippine Racing Club Cyclically Adjusted Price-to-FCF Related Terms


Philippine Racing Club Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Philippine Racing Club's Cyclically Adjusted Price-to-FCF 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 Racing Club Cyclically Adjusted Price-to-FCF Chart

Philippine Racing Club Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.91 16.35 14.63 19.56 15.79

Philippine Racing Club Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Price-to-FCF 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 17.03 14.72 15.79 11.52 12.46

Philippine Racing Club Cyclically Adjusted Price-to-FCF Competitor Comparison

For the Real Estate - Development subindustry, Philippine Racing Club's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Racing Club Cyclically Adjusted Price-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Philippine Racing Club's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Philippine Racing Club's Cyclically Adjusted Price-to-FCF falls into.


PHS:PRC
64GF Score
Philippine Racing Club Inc PHS:PRC
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Philippine Racing Club Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Philippine Racing Club's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.01/0.50
=10.02

* 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 Racing Club's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Philippine Racing Club's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.009/333.9520*333.9520
=-0.009

Current CPI (Jun. 2026) = 333.9520.

Philippine Racing Club Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.153 241.428 -0.212
201612 0.543 241.432 0.751
201703 0.211 243.801 0.289
201706 -0.042 244.955 -0.057
201709 0.124 246.819 0.168
201712 0.612 246.524 0.829
201803 0.266 249.554 0.356
201806 -0.084 251.989 -0.111
201809 -0.150 252.439 -0.198
201812 1.771 251.233 2.354
201903 0.378 254.202 0.497
201906 -0.325 256.143 -0.424
201909 -0.232 256.759 -0.302
201912 0.164 256.974 0.213
202003 0.516 258.115 0.668
202006 -0.249 257.797 -0.323
202009 -0.070 260.280 -0.090
202012 0.357 260.474 0.458
202103 0.290 264.877 0.366
202106 -0.037 271.696 -0.045
202109 -0.030 274.310 -0.037
202112 0.168 278.802 0.201
202203 -0.038 287.504 -0.044
202206 0.620 296.311 0.699
202209 -0.216 296.808 -0.243
202212 -0.572 296.797 -0.644
202303 -0.267 301.836 -0.295
202306 0.280 305.109 0.306
202309 -0.001 307.789 -0.001
202312 -0.221 306.746 -0.241
202403 -0.045 312.332 -0.048
202406 -0.033 314.175 -0.035
202409 -0.048 315.301 -0.051
202412 0.104 315.605 0.110
202503 -0.038 319.799 -0.040
202506 -0.049 322.561 -0.051
202509 0.153 324.800 0.157
202512 -0.018 324.054 -0.019
202603 0.087 330.213 0.088
202606 -0.009 333.952 -0.009

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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 Price-to-FCF of 10.02 mean?
Philippine Racing Club (PHS:PRC) has a Cyclically Adjusted Price-to-FCF of 10.02 as of Sep. 08, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Philippine Racing Club and its competitors. This is 28% below median its historical median of 13.92. Over the past decade, Philippine Racing Club's Cyclically Adjusted Price-to-FCF has ranged from 8.73 to 28.22. According to the industry distribution chart, Philippine Racing Club ranks #322 out of 744 companies in the Real Estate industry, placing it in the top 43.3%.
Is Philippine Racing Club's Cyclically Adjusted Price-to-FCF too high?
Philippine Racing Club's current Cyclically Adjusted Price-to-FCF of 10.02 is 28% below median its 10-year median of 13.92. Over the past 10 years, this metric has ranged from a low of 8.73 to a high of 28.22. The Real Estate industry median Cyclically Adjusted Price-to-FCF is 12.11. Philippine Racing Club's value of 10.02 is 17.3% below this industry median. Based on the distribution chart, Philippine Racing Club ranks #322 out of 744 companies in the Real Estate industry, which is above the industry midpoint. Overall, Philippine Racing Club has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Philippine Racing Club's Cyclically Adjusted Price-to-FCF compare to competitors?
According to the Real Estate industry distribution chart, Philippine Racing Club ranks #322 out of 744 companies for Cyclically Adjusted Price-to-FCF. This puts Philippine Racing Club in the upper half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 12.11. Philippine Racing Club's value of 10.02 is 17.3% below this benchmark. Historically, Philippine Racing Club's own Cyclically Adjusted Price-to-FCF has ranged from 8.73 to 28.22 over the past decade. While the company's 10-year median is 13.92 vs. the industry median of 12.11, Philippine Racing Club 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 Price-to-FCF for a Real Estate company?
The median Cyclically Adjusted Price-to-FCF among Real Estate companies is 12.11, based on 744 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philippine Racing Club's current Cyclically Adjusted Price-to-FCF of 10.02 is 17.3% 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 Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Philippine Racing Club and its competitors. For the Real Estate industry, the median Cyclically Adjusted Price-to-FCF is 12.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philippine Racing Club's current Cyclically Adjusted Price-to-FCF is 10.02, which is 28% below median its own 10-year median of 13.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine Racing Club stock overvalued right now?
Based on GuruFocus' analysis, Philippine Racing Club (PHS:PRC) is currently considered Fairly Valued. The stock's GF Value™ is ₱4.92, compared to a current price of ₱5.01 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 10.02, which is 28% below median its 10-year median of 13.92 and 17.3% below the Real Estate industry median of 12.11. Philippine Racing Club's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Philippine Racing Club (PHS:PRC), the current Cyclically Adjusted Price-to-FCF is 10.02 as of Sep. 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 Philippine Racing Club (PHS:PRC) Overvalued in 2026?

Based on GuruFocus' analysis, Philippine Racing Club stock appears to be overvalued. The current stock price of ₱5.01 is trading 1.8% above its estimated GF Value™ of ₱4.92. GuruFocus considers Philippine Racing Club to be Fairly Valued.

Key valuation signals for PHS:PRC:

  • Cyclically Adjusted Price-to-FCF: 10.02 (28% below median its 10-year median of 13.92)
  • GF Value™: ₱4.92 vs. price of ₱5.01 (1.8% above fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 17.3% below the Real Estate median (#322 of 744)

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


Philippine Racing Club Business Description

Address Saddle and Clubs Leisure Park, Barangay Sabang, Cavite, Naic, PHL, 4110
Philippine Racing Club Inc is involved in the business of operating and maintaining a racetrack covered by its franchise and managing betting stations. It is also engaged in acquiring and developing real properties including but not limited to leisure, recreational, and memorial parks, and owning, operating, managing, and/or selling real estate. The company's reportable segment involves Real Estate Operations, Leasing, and Sale of Food, beverages and Services. It derives key revenue from the real estate sales activity.
64GF Score

Get the complete analysis for PHS:PRC

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

₱5.01
Price
₱4.92
GF Value