East West Banking (PHS:EW) Cyclically Adjusted PS Ratio: 0.75 (As of Jul. 02, 2026) — Near Median


PHS:EW East West Banking Corp PHS:EW
78 GF Score
Price ₱12.10
GF Value ₱13.68
Valuation Modestly Undervalued
! 2 Warning Signs
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What is East West Banking Cyclically Adjusted PS Ratio?

East West Banking PHS:EW 78 Cyclically Adjusted PS Ratio is 0.75 as of Jul. 02, 2026, which is 1% above its 10-year median of 0.74. GuruFocus rates PHS:EW with a GF Score™ of 78/100 and a GF Value™ of ₱13.68 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,303 Banks companies, East West Banking ranks better than 94.01% on this metric.

As of today (2026-07-02), East West Banking's current share price is ₱12.10. East West Banking's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₱16.07. East West Banking's Cyclically Adjusted PS Ratio for today is 0.75.

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

PHS:EW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.74   Max: 1.21
Current: 0.76

During the past years, East West Banking's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.49. And the median was 0.74.

PHS:EW's Cyclically Adjusted PS Ratio is ranked better than
94.01% of 1303 companies
in the Banks industry
Industry Median: 3.3 vs PHS:EW: 0.76

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.

East West Banking's adjusted revenue per share data for the three months ended in Mar. 2026 was ₱5.913. 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 ₱16.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


East West Banking  (PHS:EW) 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.


East West Banking Cyclically Adjusted PS Ratio Related Terms


East West Banking Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for East West Banking'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.

East West Banking Cyclically Adjusted PS Ratio Chart

East West Banking 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 0.88 0.55 0.65 0.70 0.75

East West Banking 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 0.70 0.73 0.75 0.75 0.81

East West Banking Cyclically Adjusted PS Ratio Competitor Comparison

For the Banks - Regional subindustry, East West Banking'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.


East West Banking Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, East West Banking's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where East West Banking's Cyclically Adjusted PS Ratio falls into.


PHS:EW
78GF Score
East West Banking Corp PHS:EW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

East West Banking 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.

East West Banking's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.10/16.07
=0.75

* 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.

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

For example, East West Banking'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)
=5.913/330.2130*330.2130
=5.913

Current CPI (Mar. 2026) = 330.2130.

East West Banking Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.356 241.018 3.228
201609 2.359 241.428 3.227
201612 2.001 241.432 2.737
201703 4.031 243.801 5.460
201706 2.687 244.955 3.622
201709 2.806 246.819 3.754
201712 2.403 246.524 3.219
201803 2.598 249.554 3.438
201806 2.824 251.989 3.701
201809 2.078 252.439 2.718
201812 2.396 251.233 3.149
201903 2.943 254.202 3.823
201906 2.934 256.143 3.782
201909 3.435 256.759 4.418
201912 2.542 256.974 3.266
202003 4.255 258.115 5.444
202006 3.943 257.797 5.051
202009 3.659 260.280 4.642
202012 3.515 260.474 4.456
202103 3.478 264.877 4.336
202106 3.191 271.696 3.878
202109 3.048 274.310 3.669
202112 1.100 278.802 1.303
202203 2.580 287.504 2.963
202206 3.022 296.311 3.368
202209 3.425 296.808 3.810
202212 2.552 296.797 2.839
202303 3.469 301.836 3.795
202306 3.804 305.109 4.117
202309 4.095 307.789 4.393
202312 3.427 306.746 3.689
202403 4.457 312.332 4.712
202406 4.549 314.175 4.781
202409 5.269 315.301 5.518
202412 2.994 315.605 3.133
202503 5.151 319.799 5.319
202506 5.419 322.561 5.548
202509 5.996 324.800 6.096
202512 4.327 324.054 4.409
202603 5.913 330.213 5.913

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 0.75 mean?
East West Banking (PHS:EW) has a Cyclically Adjusted PS Ratio of 0.75 as of Jul. 02, 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 East West Banking and its competitors. This is near median its historical median of 0.74. Over the past decade, East West Banking's Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.21. According to the industry distribution chart, East West Banking ranks #78 out of 1303 companies in the Banks industry, placing it in the top 6%.
Is East West Banking's Cyclically Adjusted PS Ratio too high?
East West Banking's current Cyclically Adjusted PS Ratio of 0.75 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.21. The Banks industry median Cyclically Adjusted PS Ratio is 3.30. East West Banking's value of 0.75 is 77.3% below this industry median. Based on the distribution chart, East West Banking ranks #78 out of 1303 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, East West Banking has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does East West Banking's Cyclically Adjusted PS Ratio compare to competitors?
According to the Banks industry distribution chart, East West Banking ranks #78 out of 1303 companies for Cyclically Adjusted PS Ratio. This places East West Banking in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.30. East West Banking's value of 0.75 is 77.3% below this benchmark. Historically, East West Banking's own Cyclically Adjusted PS Ratio has ranged from 0.49 to 1.21 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 3.30, East West Banking 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.30, based on 1,303 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. East West Banking's current Cyclically Adjusted PS Ratio of 0.75 is 77.3% 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 East West Banking and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East West Banking's current Cyclically Adjusted PS Ratio is 0.75, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East West Banking stock overvalued right now?
Based on GuruFocus' analysis, East West Banking (PHS:EW) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱13.68, compared to a current price of ₱12.10 — trading 11.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.75, which is near median its 10-year median of 0.74 and 77.3% below the Banks industry median of 3.30. East West Banking's overall GF Score™ is 78/100 with 2 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 East West Banking (PHS:EW), the current Cyclically Adjusted PS Ratio is 0.75 as of Jul. 02, 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 East West Banking (PHS:EW) Overvalued in 2026?

Based on GuruFocus' analysis, East West Banking stock appears to be undervalued. The current stock price of ₱12.10 is trading 11.5% below its estimated GF Value™ of ₱13.68. GuruFocus considers East West Banking to be Modestly Undervalued.

Key valuation signals for PHS:EW:

  • Cyclically Adjusted PS Ratio: 0.75 (near median its 10-year median of 0.74)
  • GF Value™: ₱13.68 vs. price of ₱12.10 (11.5% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 77.3% below the Banks median (#78 of 1303)

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


East West Banking Business Description

Address 5th Avenue Corner, 23rd Street, The Beaufort, Fort Bonifacio Global City, Taguig, PHL, 1634
East West Banking Corporation is a commercial bank providing financial services in the Philippines. The bank generates all revenue domestically. The bank operates through four segments: the Retail banking segment offers traditional branch banking products and services such as deposits, back-to-back/emerging market loans, and other over-the-counter (OTC) transactions, the Corporate banking segment handles lending and trade financing for both large corporations and middle-market clients, the Consumer banking segment caters to loans for individuals, and Treasury and Trust segment consists of treasury and trust operations of the Group. The company derives a majority of its revenue from the Consumer banking segment.
78GF Score

Get the complete analysis for PHS:EW

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

₱12.10
Price
₱13.68
GF Value