Bank of the Philippine Islands (FRA:XK5) Cyclically Adjusted PS Ratio: (As of Sep. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:XK5 Bank of the Philippine Islands FRA:XK5
80 GF Score
Price €29.64
GF Value €43.31
! 3 Warning Signs
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What is Bank of the Philippine Islands Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of the Philippine Islands  (FRA:XK5) 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.


Bank of the Philippine Islands Cyclically Adjusted PS Ratio Related Terms


Bank of the Philippine Islands Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bank of the Philippine Islands'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.

Bank of the Philippine Islands Cyclically Adjusted PS Ratio Chart

Bank of the Philippine Islands 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 4.74 4.71 4.82 5.19 4.51

Bank of the Philippine Islands Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.23 4.51 4.51 3.74 3.50

FRA:XK5 vs : Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Bank of the Philippine Islands'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.


Bank of the Philippine Islands Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of the Philippine Islands's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bank of the Philippine Islands's Cyclically Adjusted PS Ratio falls into.


FRA:XK5
80GF Score
Bank of the Philippine Islands FRA:XK5
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of the Philippine Islands 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.

Bank of the Philippine Islands's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bank of the Philippine Islands's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=10.025/333.9520*333.9520
=10.025

Current CPI (Jun. 2026) = 333.9520.

Bank of the Philippine Islands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.509 241.428 4.854
201612 3.411 241.432 4.718
201703 4.152 243.801 5.687
201706 4.013 244.955 5.471
201709 4.094 246.819 5.539
201712 3.830 246.524 5.188
201803 4.294 249.554 5.746
201806 3.826 251.989 5.070
201809 4.009 252.439 5.304
201812 4.022 251.233 5.346
201903 4.640 254.202 6.096
201906 4.707 256.143 6.137
201909 5.111 256.759 6.648
201912 4.329 256.974 5.626
202003 5.032 258.115 6.510
202006 5.471 257.797 7.087
202009 5.007 260.280 6.424
202012 5.227 260.474 6.702
202103 4.943 264.877 6.232
202106 4.842 271.696 5.951
202109 4.780 274.310 5.819
202112 5.244 278.802 6.281
202203 5.157 287.504 5.990
202206 6.564 296.311 7.398
202209 6.063 296.808 6.822
202212 6.316 296.797 7.107
202303 6.999 301.836 7.744
202306 6.850 305.109 7.498
202309 7.135 307.789 7.741
202312 6.243 306.746 6.797
202403 7.515 312.332 8.035
202406 7.900 314.175 8.397
202409 8.456 315.301 8.956
202412 6.716 315.605 7.106
202503 8.479 319.799 8.854
202506 9.056 322.561 9.376
202509 9.420 324.800 9.685
202512 7.961 324.054 8.204
202603 9.637 330.213 9.746
202606 10.025 333.952 10.025

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.

Is Bank of the Philippine Islands (FRA:XK5) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of the Philippine Islands stock appears to be undervalued. The current stock price of €29.64 is trading 31.6% below its estimated GF Value™ of €43.31.

Key valuation signals for FRA:XK5:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €43.31 vs. price of €29.64 (31.6% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the FRA:XK5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bank of the Philippine Islands Business Description

Comparable Companies
Other Exchanges BPHLY:USABPI:Philippines
Address Paseo de Roxas Corner Makati Avenue, 22nd Floor - 28th Floor, Tower 2, Ayala Triangle Gardens, Bel-Air, Makati City, PHL, 1226
Bank of the Philippine Islands is a universal bank offering a range of financial products and solutions for both retail and corporate customers. The services of the company include consumer banking and lending, asset management, insurance, securities brokerage and distribution, foreign exchange, leasing, and corporate and investment banking. It has three business segments: Consumer banking, Corporate banking, and Investment banking. It derives maximum revenue from the Consumer Banking Segment.
80GF Score

Get the complete analysis for FRA:XK5

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

€29.64
Price
€43.31
GF Value