MWTCF (Manila Water Co) Cyclically Adjusted PS Ratio: 3.77 (As of Jul. 11, 2026) — 44% Above Median


MWTCF Manila Water Co Inc MWTCF
93 GF Score
Price $0.72
GF Value $0.76
! 4 Warning Signs
View Full Analysis

What is Manila Water Co Cyclically Adjusted PS Ratio?

Manila Water Co MWTCF 93 Cyclically Adjusted PS Ratio is 3.77 as of Jul. 11, 2026, which is 44% above its 10-year median of 2.61. GuruFocus rates MWTCF with a GF Score™ of 93/100 and a GF Value™ of $0.76. The stock has 4 warning signs investors should review. Among 440 Utilities - Regulated companies, Manila Water Co ranks worse than 76.59% on this metric.

As of today (2026-07-11), Manila Water Co's current share price is $0.7171. Manila Water Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.19. Manila Water Co's Cyclically Adjusted PS Ratio for today is 3.77.

The historical rank and industry rank for Manila Water Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

MWTCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 2.61   Max: 4.42
Current: 3

During the past years, Manila Water Co's highest Cyclically Adjusted PS Ratio was 4.42. The lowest was 1.03. And the median was 2.61.

MWTCF's Cyclically Adjusted PS Ratio is ranked worse than
76.59% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.43 vs MWTCF: 3.00

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.

Manila Water Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.066. 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 $0.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manila Water Co  (OTCPK:MWTCF) 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.


Manila Water Co Cyclically Adjusted PS Ratio Related Terms


Manila Water Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Manila Water Co'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.

Manila Water Co Cyclically Adjusted PS Ratio Chart

Manila Water Co 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 2.95 2.14 1.97 2.65 3.66

Manila Water Co 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 2.95 3.69 3.51 3.66 3.72

MWTCF vs AWK, WTRG, AWR: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Water subindustry, Manila Water Co'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.


Manila Water Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Manila Water Co's Cyclically Adjusted PS Ratio falls into.


MWTCF
93GF Score
Manila Water Co Inc MWTCF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manila Water Co 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.

Manila Water Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.7171/0.19
=3.77

* 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.

Manila Water Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Manila Water Co'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)
=0.066/330.2130*330.2130
=0.066

Current CPI (Mar. 2026) = 330.2130.

Manila Water Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.029 241.018 0.040
201609 0.024 241.428 0.033
201612 0.042 241.432 0.057
201703 0.032 243.801 0.043
201706 0.029 244.955 0.039
201709 0.038 246.819 0.051
201712 0.044 246.524 0.059
201803 0.028 249.554 0.037
201806 0.032 251.989 0.042
201809 0.031 252.439 0.041
201812 0.038 251.233 0.050
201903 0.029 254.202 0.038
201906 0.034 256.143 0.044
201909 0.034 256.759 0.044
201912 0.046 256.974 0.059
202003 0.043 258.115 0.055
202006 0.033 257.797 0.042
202009 0.033 260.280 0.042
202012 0.038 260.474 0.048
202103 0.027 264.877 0.034
202106 0.028 271.696 0.034
202109 0.022 274.310 0.026
202112 0.030 278.802 0.036
202203 0.029 287.504 0.033
202206 0.029 296.311 0.032
202209 0.038 296.808 0.042
202212 0.035 296.797 0.039
202303 0.042 301.836 0.046
202306 0.040 305.109 0.043
202309 0.038 307.789 0.041
202312 0.047 306.746 0.051
202403 0.055 312.332 0.058
202406 0.053 314.175 0.056
202409 0.051 315.301 0.053
202412 0.057 315.605 0.060
202503 0.060 319.799 0.062
202506 0.057 322.561 0.058
202509 0.055 324.800 0.056
202512 0.063 324.054 0.064
202603 0.066 330.213 0.066

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 3.77 mean?
Manila Water Co (MWTCF) has a Cyclically Adjusted PS Ratio of 3.77 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 Manila Water Co and its competitors. This is 44% above median its historical median of 2.61. Over the past decade, Manila Water Co's Cyclically Adjusted PS Ratio has ranged from 1.03 to 4.42. According to the industry distribution chart, Manila Water Co ranks #337 out of 440 companies in the Utilities - Regulated industry, placing it in the top 76.6%.
Is Manila Water Co's Cyclically Adjusted PS Ratio too high?
Manila Water Co's current Cyclically Adjusted PS Ratio of 3.77 is 44% above median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 4.42. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. Manila Water Co's value of 3.77 is 163.6% above this industry median. Based on the distribution chart, Manila Water Co ranks #337 out of 440 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Manila Water Co has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Manila Water Co's Cyclically Adjusted PS Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Manila Water Co ranks #337 out of 440 companies for Cyclically Adjusted PS Ratio. This places Manila Water Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. Manila Water Co's value of 3.77 is 163.6% above this benchmark. Historically, Manila Water Co's own Cyclically Adjusted PS Ratio has ranged from 1.03 to 4.42 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 1.43, Manila Water Co has consistently been above 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. Manila Water Co's current Cyclically Adjusted PS Ratio of 3.77 is 163.6% above 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 Manila Water Co 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. Manila Water Co's current Cyclically Adjusted PS Ratio is 3.77, which is 44% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Water Co stock overvalued right now?
Manila Water Co (MWTCF) has a current Cyclically Adjusted PS Ratio of 3.77. The stock's GF Value™ is $0.76, compared to a current price of $0.72 — trading 5.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.77, which is 44% above median its 10-year median of 2.61 and 163.6% above the Utilities - Regulated industry median of 1.43. Manila Water Co's overall GF Score™ is 93/100 with 4 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 Manila Water Co (MWTCF), the current Cyclically Adjusted PS Ratio is 3.77 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 Manila Water Co (MWTCF) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Water Co stock appears to be undervalued. The current stock price of $0.72 is trading 5.6% below its estimated GF Value™ of $0.76.

Key valuation signals for MWTCF:

  • Cyclically Adjusted PS Ratio: 3.77 (44% above median its 10-year median of 2.61)
  • GF Value™: $0.76 vs. price of $0.72 (5.6% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 163.6% above the Utilities - Regulated median (#337 of 440)

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


Manila Water Co Business Description

Other Exchanges MWTCY:USAMWC:Philippines
Address 489 Katipunan Road, 2nd Floor, MWSS Administration Building, Balara, Quezon, PHL, 1105
Manila Water Co Inc holds the exclusive right to provide water and used water services in the East Zone of Metro Manila under a concession agreement with the Metropolitan Waterworks and Sewerage System. The company delivers water treatment, distribution, sewerage, and sanitation services to a large population across residential, commercial, and industrial customers. Its service area covers several cities and municipalities in Metro Manila and nearby parts of Rizal, including urban centers such as Makati, Pasig, Quezon City, Taguig, and Marikina, along with surrounding towns.
93GF Score

Get the complete analysis for MWTCF

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

$0.72
Price
$0.76
GF Value