FPHHF (First Philippine Holdings) Cyclically Adjusted PS Ratio: 0.28 (As of Jul. 11, 2026) — Near Median


FPHHF First Philippine Holdings Corp FPHHF
57 GF Score
Price $1.39
GF Value $1.02
! 8 Warning Signs
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What is First Philippine Holdings Cyclically Adjusted PS Ratio?

First Philippine Holdings FPHHF 57 Cyclically Adjusted PS Ratio is 0.28 as of Jul. 11, 2026, which is 7% below its 10-year median of 0.30. GuruFocus rates FPHHF with a GF Score™ of 57/100 and a GF Value™ of $1.02. The stock has 8 warning signs investors should review. Among 440 Utilities - Regulated companies, First Philippine Holdings ranks better than 86.36% on this metric.

As of today (2026-07-11), First Philippine Holdings's current share price is $1.39. First Philippine Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $4.89. First Philippine Holdings's Cyclically Adjusted PS Ratio for today is 0.28.

The historical rank and industry rank for First Philippine Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

FPHHF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.3   Max: 0.49
Current: 0.31

During the past years, First Philippine Holdings's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.22. And the median was 0.30.

FPHHF's Cyclically Adjusted PS Ratio is ranked better than
86.36% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs FPHHF: 0.31

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

First Philippine Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.930. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $4.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Philippine Holdings  (OTCPK:FPHHF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


First Philippine Holdings Cyclically Adjusted PS Ratio Related Terms


First Philippine Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for First Philippine Holdings's Cyclically Adjusted PS 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.

First Philippine Holdings Cyclically Adjusted PS Ratio Chart

First Philippine Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.24 0.25 0.23 0.31

First Philippine Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 0.22 0.28 0.28 0.31 0.28

FPHHF vs NEE, SO, DUK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Electric subindustry, First Philippine Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


First Philippine Holdings Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, First Philippine Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where First Philippine Holdings's Cyclically Adjusted PS Ratio falls into.


FPHHF
57GF Score
First Philippine Holdings Corp FPHHF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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First Philippine Holdings Cyclically Adjusted PS Ratio Calculation

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

First Philippine Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.39/4.89
=0.28

* 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.

First Philippine Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, First Philippine Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.93/330.2130*330.2130
=0.930

Current CPI (Mar. 2026) = 330.2130.

First Philippine Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.629 241.018 0.862
201609 0.628 241.428 0.859
201612 0.772 241.432 1.056
201703 0.747 243.801 1.012
201706 0.733 244.955 0.988
201709 0.768 246.819 1.027
201712 0.791 246.524 1.060
201803 0.813 249.554 1.076
201806 0.896 251.989 1.174
201809 0.962 252.439 1.258
201812 1.016 251.233 1.335
201903 1.010 254.202 1.312
201906 1.106 256.143 1.426
201909 0.990 256.759 1.273
201912 1.060 256.974 1.362
202003 0.937 258.115 1.199
202006 0.767 257.797 0.982
202009 0.809 260.280 1.026
202012 0.907 260.474 1.150
202103 0.899 264.877 1.121
202106 1.048 271.696 1.274
202109 1.035 274.310 1.246
202112 1.070 278.802 1.267
202203 1.171 287.504 1.345
202206 1.448 296.311 1.614
202209 1.584 296.808 1.762
202212 1.529 296.797 1.701
202303 1.463 301.836 1.601
202306 1.463 305.109 1.583
202309 1.400 307.789 1.502
202312 -1.716 306.746 -1.847
202403 1.373 312.332 1.452
202406 1.605 314.175 1.687
202409 1.398 315.301 1.464
202412 -1.617 315.605 -1.692
202503 0.673 319.799 0.695
202506 1.674 322.561 1.714
202509 1.460 324.800 1.484
202512 -1.459 324.054 -1.487
202603 0.930 330.213 0.930

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.28 mean?
First Philippine Holdings (FPHHF) has a Cyclically Adjusted PS Ratio of 0.28 as of Jul. 11, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on First Philippine Holdings and its competitors. This is near median its historical median of 0.30. Over the past decade, First Philippine Holdings' Cyclically Adjusted PS Ratio has ranged from 0.22 to 0.49. According to the industry distribution chart, First Philippine Holdings ranks #60 out of 440 companies in the Utilities - Regulated industry, placing it in the top 13.6%.
Is First Philippine Holdings' Cyclically Adjusted PS Ratio too high?
First Philippine Holdings' current Cyclically Adjusted PS Ratio of 0.28 is near median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.49. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. First Philippine Holdings' value of 0.28 is 80.4% below this industry median. Based on the distribution chart, First Philippine Holdings ranks #60 out of 440 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, First Philippine Holdings has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does First Philippine Holdings' Cyclically Adjusted PS Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, First Philippine Holdings ranks #60 out of 440 companies for Cyclically Adjusted PS Ratio. This places First Philippine Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.43. First Philippine Holdings' value of 0.28 is 80.4% below this benchmark. Historically, First Philippine Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.22 to 0.49 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.43, First Philippine Holdings 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 PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.43, based on 440 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Philippine Holdings's current Cyclically Adjusted PS Ratio of 0.28 is 80.4% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on First Philippine Holdings and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Philippine Holdings's current Cyclically Adjusted PS Ratio is 0.28, which is near median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Philippine Holdings stock overvalued right now?
First Philippine Holdings (FPHHF) has a current Cyclically Adjusted PS Ratio of 0.28. The stock's GF Value™ is $1.02, compared to a current price of $1.39 — trading 36.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.28, which is near median its 10-year median of 0.30 and 80.4% below the Utilities - Regulated industry median of 1.43. First Philippine Holdings' overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For First Philippine Holdings (FPHHF), the current Cyclically Adjusted PS Ratio is 0.28 as of Jul. 11, 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 First Philippine Holdings (FPHHF) Overvalued in 2026?

Based on GuruFocus' analysis, First Philippine Holdings stock appears to be overvalued. The current stock price of $1.39 is trading 36.3% above its estimated GF Value™ of $1.02.

Key valuation signals for FPHHF:

  • Cyclically Adjusted PS Ratio: 0.28 (near median its 10-year median of 0.30)
  • GF Value™: $1.02 vs. price of $1.39 (36.3% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 80.4% below the Utilities - Regulated median (#60 of 440)

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


First Philippine Holdings Business Description

Address Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604
First Philippine Holdings Corporation are engaged mainly in, but not limited to, power generation, real estate development, energy solutions, construction and other service industries. The company's segments its activities into Power Generation, Real Estate Development, Energy Solutions, Construction, and other services. The majority of revenue comes from Power Generation segment. The Power generation has one geographical segment. Real Estate Development has presence in National Capital Region, Central Luzon, Southern Luzon, Central Visayas, Western Visayas of which majority of revenue comes from National capital region.
57GF Score

Get the complete analysis for FPHHF

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

$1.39
Price
$1.02
GF Value