Ayala Land (PHS:ALI) Cyclically Adjusted PS Ratio: 1.35 (As of Jul. 04, 2026) — 65% Below Median


PHS:ALI Ayala Land Inc PHS:ALI
73 GF Score
Price ₱15.44
GF Value ₱29.33
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ayala Land Cyclically Adjusted PS Ratio?

Ayala Land PHS:ALI +2.66% 73 Cyclically Adjusted PS Ratio is 1.35 as of Jul. 04, 2026, which is 65% below its 10-year median of 3.84. GuruFocus rates PHS:ALI with a GF Score™ of 73/100 and a GF Value™ of ₱29.33 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,358 Real Estate companies, Ayala Land ranks better than 58.1% on this metric.

As of today (2026-07-04), Ayala Land's current share price is ₱15.44. Ayala Land's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₱11.42. Ayala Land's Cyclically Adjusted PS Ratio for today is 1.35.

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

PHS:ALI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 3.84   Max: 8.35
Current: 1.35

During the past years, Ayala Land's highest Cyclically Adjusted PS Ratio was 8.35. The lowest was 1.12. And the median was 3.84.

PHS:ALI's Cyclically Adjusted PS Ratio is ranked better than
58.1% of 1358 companies
in the Real Estate industry
Industry Median: 1.82 vs PHS:ALI: 1.35

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.

Ayala Land's adjusted revenue per share data for the three months ended in Mar. 2026 was ₱2.566. 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 ₱11.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ayala Land  (PHS:ALI) 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.


Ayala Land Cyclically Adjusted PS Ratio Related Terms


Ayala Land Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ayala Land'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.

Ayala Land Cyclically Adjusted PS Ratio Chart

Ayala Land 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 4.28 3.26 3.43 2.45 2.01

Ayala Land 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 2.05 2.45 2.18 2.01 1.41

Ayala Land Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Ayala Land'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.


Ayala Land Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ayala Land's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ayala Land's Cyclically Adjusted PS Ratio falls into.


PHS:ALI
73GF Score
Ayala Land Inc PHS:ALI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ayala Land 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.

Ayala Land's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.44/11.42
=1.35

* 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.

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

For example, Ayala Land'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)
=2.566/330.2130*330.2130
=2.566

Current CPI (Mar. 2026) = 330.2130.

Ayala Land Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.748 241.018 2.395
201609 1.965 241.428 2.688
201612 2.913 241.432 3.984
201703 2.027 243.801 2.745
201706 2.074 244.955 2.796
201709 2.231 246.819 2.985
201712 2.950 246.524 3.951
201803 2.381 249.554 3.151
201806 2.716 251.989 3.559
201809 2.524 252.439 3.302
201812 3.388 251.233 4.453
201903 2.557 254.202 3.322
201906 2.893 256.143 3.730
201909 2.531 256.759 3.255
201912 3.149 256.974 4.046
202003 1.871 258.115 2.394
202006 0.848 257.797 1.086
202009 1.400 260.280 1.776
202012 2.254 260.474 2.857
202103 1.570 264.877 1.957
202106 1.600 271.696 1.945
202109 1.565 274.310 1.884
202112 2.265 278.802 2.683
202203 1.606 287.504 1.845
202206 1.887 296.311 2.103
202209 2.121 296.808 2.360
202212 2.744 296.797 3.053
202303 2.002 301.836 2.190
202306 2.250 305.109 2.435
202309 2.124 307.789 2.279
202312 3.345 306.746 3.601
202403 2.678 312.332 2.831
202406 2.848 314.175 2.993
202409 2.700 315.301 2.828
202412 3.699 315.605 3.870
202503 2.946 319.799 3.042
202506 2.623 322.561 2.685
202509 2.564 324.800 2.607
202512 3.896 324.054 3.970
202603 2.566 330.213 2.566

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 1.35 mean?
Ayala Land (PHS:ALI) has a Cyclically Adjusted PS Ratio of 1.35 as of Jul. 04, 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 Ayala Land and its competitors. This is 65% below median its historical median of 3.84. Over the past decade, Ayala Land's Cyclically Adjusted PS Ratio has ranged from 1.12 to 8.35. According to the industry distribution chart, Ayala Land ranks #569 out of 1358 companies in the Real Estate industry, placing it in the top 41.9%.
Is Ayala Land's Cyclically Adjusted PS Ratio too high?
Ayala Land's current Cyclically Adjusted PS Ratio of 1.35 is 65% below median its 10-year median of 3.84. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 8.35. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.82. Ayala Land's value of 1.35 is 25.8% below this industry median. Based on the distribution chart, Ayala Land ranks #569 out of 1358 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ayala Land has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ayala Land's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Ayala Land ranks #569 out of 1358 companies for Cyclically Adjusted PS Ratio. This puts Ayala Land in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.82. Ayala Land's value of 1.35 is 25.8% below this benchmark. Historically, Ayala Land's own Cyclically Adjusted PS Ratio has ranged from 1.12 to 8.35 over the past decade. While the company's 10-year median is 3.84 vs. the industry median of 1.82, Ayala Land 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 a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.82, based on 1,358 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. Ayala Land's current Cyclically Adjusted PS Ratio of 1.35 is 25.8% 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 Ayala Land and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ayala Land's current Cyclically Adjusted PS Ratio is 1.35, which is 65% below median its own 10-year median of 3.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayala Land stock overvalued right now?
Based on GuruFocus' analysis, Ayala Land (PHS:ALI) is currently considered Possible Value Trap. The stock's GF Value™ is ₱29.33, compared to a current price of ₱15.44 — trading 47.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.35, which is 65% below median its 10-year median of 3.84 and 25.8% below the Real Estate industry median of 1.82. Ayala Land's overall GF Score™ is 73/100 with 5 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 Ayala Land (PHS:ALI), the current Cyclically Adjusted PS Ratio is 1.35 as of Jul. 04, 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 Ayala Land (PHS:ALI) Overvalued in 2026?

Based on GuruFocus' analysis, Ayala Land stock appears to be undervalued. The current stock price of ₱15.44 is trading 47.4% below its estimated GF Value™ of ₱29.33. GuruFocus considers Ayala Land to be Possible Value Trap.

Key valuation signals for PHS:ALI:

  • Cyclically Adjusted PS Ratio: 1.35 (65% below median its 10-year median of 3.84)
  • GF Value™: ₱29.33 vs. price of ₱15.44 (47.4% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 25.8% below the Real Estate median (#569 of 1358)

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


Ayala Land Business Description

Other Exchanges AYAAY:USAAYAAF:USA
Address Ayala Triangle, Ayala Avenue, 31st Floor, Tower One and Exchange Plaza, Makati City, PHL, 1226
Ayala Land Inc is engaged in land acquisition, planning, and development of large scale, integrated, mixed use and sustainable estates, industrial estates, development and sale of residential and office condominiums, house and lots, and commercial and industrial lots, development and lease of shopping centers and offices, co working spaces and standard factory buildings and warehouses, and the development, management and operation of hotels and resorts and co living spaces. The Company is also engaged in construction, property management and retail electricity supply. Its segments include Property development, which generates maximum revenue, International, Shopping centers, Offices, Industrial Real Estate, Hotels and resorts, Construction, and Property management and others.
73GF Score

Get the complete analysis for PHS:ALI

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

₱15.44
Price
₱29.33
GF Value