Boulevard Holdings (PHS:BHI) Cyclically Adjusted PS Ratio: 3.80 (As of Jul. 17, 2026) — 15% Above Median

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What is Boulevard Holdings Cyclically Adjusted PS Ratio?

Boulevard Holdings PHS:BHI +2.70% Cyclically Adjusted PS Ratio is 3.80 as of Jul. 17, 2026, which is 15% above its 10-year median of 3.30. The stock has 2 warning signs investors should review. Among 669 Travel & Leisure companies, Boulevard Holdings ranks worse than 82.81% on this metric.

As of today (2026-07-17), Boulevard Holdings's current share price is ₱0.038. Boulevard Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was ₱0.01. Boulevard Holdings's Cyclically Adjusted PS Ratio for today is 3.80.

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

PHS:BHI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.45   Med: 3.3   Max: 10.2
Current: 4.17

During the past years, Boulevard Holdings's highest Cyclically Adjusted PS Ratio was 10.20. The lowest was 1.45. And the median was 3.30.

PHS:BHI's Cyclically Adjusted PS Ratio is ranked worse than
82.81% of 669 companies
in the Travel & Leisure industry
Industry Median: 1.28 vs PHS:BHI: 4.17

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.

Boulevard Holdings's adjusted revenue per share data for the three months ended in Feb. 2026 was ₱0.001. 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 ₱0.01 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boulevard Holdings  (PHS:BHI) 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.


Boulevard Holdings Cyclically Adjusted PS Ratio Related Terms


Boulevard Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Boulevard 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.

Boulevard Holdings Cyclically Adjusted PS Ratio Chart

Boulevard Holdings Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 6.65 6.34 0.00

Boulevard Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 8.21 0.00 4.37 0.00 4.28

PHS:BHI vs MAR, HLT, H: Cyclically Adjusted PS Ratio Comparison

For the Lodging subindustry, Boulevard 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.


Boulevard Holdings Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Boulevard Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Boulevard 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.038/0.01
=3.80

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.001/326.7850*326.7850
=0.001

Current CPI (Feb. 2026) = 326.7850.

Boulevard Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 0.003 240.229 0.004
201608 0.002 240.849 0.003
201611 0.001 241.353 0.001
201702 0.003 243.603 0.004
201705 0.002 244.733 0.003
201708 0.002 245.519 0.003
201711 0.002 246.669 0.003
201802 0.003 248.991 0.004
201805 0.002 251.588 0.003
201808 0.001 252.146 0.001
201811 0.001 252.038 0.001
201902 0.003 252.776 0.004
201905 0.004 256.092 0.005
201908 0.003 256.558 0.004
201911 0.001 257.208 0.001
202002 0.002 258.678 0.003
202005 0.001 256.394 0.001
202008 0.000 259.918 0.000
202011 0.000 260.229 0.000
202102 0.000 263.014 0.000
202105 0.000 269.195 0.000
202108 0.000 273.567 0.000
202111 0.000 277.948 0.000
202202 0.000 283.716 0.000
202205 0.000 292.296 0.000
202208 0.001 296.171 0.001
202211 0.000 297.711 0.000
202302 0.000 300.840 0.000
202305 0.001 304.127 0.001
202308 0.000 307.026 0.000
202311 0.000 307.051 0.000
202402 0.001 310.326 0.001
202405 0.001 314.069 0.001
202408 0.001 314.796 0.001
202411 0.000 315.493 0.000
202502 0.001 319.082 0.001
202505 0.000 321.465 0.000
202508 0.001 323.976 0.001
202511 0.000 324.122 0.000
202602 0.001 326.785 0.001

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 3.80 mean?
Boulevard Holdings (PHS:BHI) has a Cyclically Adjusted PS Ratio of 3.80 as of Jul. 17, 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 Boulevard Holdings and its competitors. This is 15% above median its historical median of 3.30. Over the past decade, Boulevard Holdings' Cyclically Adjusted PS Ratio has ranged from 1.45 to 10.20. According to the industry distribution chart, Boulevard Holdings ranks #554 out of 669 companies in the Travel & Leisure industry, placing it in the top 82.8%.
Is Boulevard Holdings' Cyclically Adjusted PS Ratio too high?
Boulevard Holdings' current Cyclically Adjusted PS Ratio of 3.80 is 15% above median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 10.20. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.28. Boulevard Holdings' value of 3.80 is 196.9% above this industry median. Based on the distribution chart, Boulevard Holdings ranks #554 out of 669 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers.
How does Boulevard Holdings' Cyclically Adjusted PS Ratio compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Boulevard Holdings ranks #554 out of 669 companies for Cyclically Adjusted PS Ratio. This places Boulevard Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.28. Boulevard Holdings' value of 3.80 is 196.9% above this benchmark. Historically, Boulevard Holdings' own Cyclically Adjusted PS Ratio has ranged from 1.45 to 10.20 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 1.28, Boulevard Holdings 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 a Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.28, based on 669 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. Boulevard Holdings's current Cyclically Adjusted PS Ratio of 3.80 is 196.9% 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 Boulevard Holdings and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boulevard Holdings's current Cyclically Adjusted PS Ratio is 3.80, which is 15% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boulevard Holdings stock overvalued right now?
Based on GuruFocus' analysis, Boulevard Holdings (PHS:BHI) is currently considered Possible Value Trap. The stock's GF Value™ is ₱0.06, compared to a current price of ₱0.04 — trading 36.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.80, which is 15% above median its 10-year median of 3.30 and 196.9% above the Travel & Leisure industry median of 1.28. 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 Boulevard Holdings (PHS:BHI), the current Cyclically Adjusted PS Ratio is 3.80 as of Jul. 17, 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.

Boulevard Holdings Business Description

Address 107 L.P. Leviste Street, Unit 1704, The Peak Tower, 17th Floor, Salcedo Village, Makati, PHL, 1227
Boulevard Holdings Inc is a holding company. It is engaged in the ownership of companies involved in the development of hotels and resorts and tourism-related businesses, investments in strategic land locations, and rentable real estate properties. The company's operating segment includes Investment Holding and Hospitality and Leisure. It generates maximum revenue from the Hospitality and Leisure segment.