GMA Holdings (PHS:GMAP) Cyclically Adjusted PS Ratio: 0.15 (As of Jul. 08, 2026) — 114% Above Median


PHS:GMAP GMA Holdings Inc PHS:GMAP
36 GF Score
Price ₱4.07
! 1 Warning Sign
View Full Analysis

What is GMA Holdings Cyclically Adjusted PS Ratio?

GMA Holdings PHS:GMAP 36 Cyclically Adjusted PS Ratio is 0.15 as of Jul. 08, 2026, which is 114% above its 10-year median of 0.07. GuruFocus rates PHS:GMAP with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 600 Capital Markets companies, GMA Holdings ranks better than 93.83% on this metric.

As of today (2026-07-08), GMA Holdings's current share price is ₱4.07. GMA Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₱26.89. GMA Holdings's Cyclically Adjusted PS Ratio for today is 0.15.

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

PHS:GMAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.22
Current: 0.16

During the past years, GMA Holdings's highest Cyclically Adjusted PS Ratio was 0.22. The lowest was 0.03. And the median was 0.07.

PHS:GMAP's Cyclically Adjusted PS Ratio is ranked better than
93.83% of 600 companies
in the Capital Markets industry
Industry Median: 3.32 vs PHS:GMAP: 0.16

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.

GMA Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was ₱0.400. 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 ₱26.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMA Holdings  (PHS:GMAP) 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.


GMA Holdings Cyclically Adjusted PS Ratio Related Terms


GMA Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GMA 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.

GMA Holdings Cyclically Adjusted PS Ratio Chart

GMA Holdings 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 0.11 0.09 0.09 0.10 0.16

GMA Holdings 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 0.09 0.09 0.09 0.16 0.21

PHS:GMAP vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, GMA 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.


GMA Holdings Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GMA Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


PHS:GMAP
36GF Score
GMA Holdings Inc PHS:GMAP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMA 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.07/26.89
=0.15

* 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.

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

For example, GMA Holdings'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)
=0.4/330.2130*330.2130
=0.400

Current CPI (Mar. 2026) = 330.2130.

GMA Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.001 241.018 0.001
201609 0.001 241.428 0.001
201612 0.001 241.432 0.001
201703 0.002 243.801 0.003
201706 0.001 244.955 0.001
201709 0.001 246.819 0.001
201712 121.100 246.524 162.211
201803 170.400 249.554 225.475
201806 0.001 251.989 0.001
201809 0.001 252.439 0.001
201812 65.700 251.233 86.354
201903 71.400 254.202 92.750
201906 0.001 256.143 0.001
201909 0.001 256.759 0.001
201912 -61.300 256.974 -78.771
202003 58.100 258.115 74.329
202006 0.001 257.797 0.001
202009 0.001 260.280 0.001
202012 7.300 260.474 9.254
202103 82.700 264.877 103.099
202106 0.014 271.696 0.017
202109 0.003 274.310 0.004
202112 -35.500 278.802 -42.046
202203 298.700 287.504 343.072
202206 0.000 296.311 0.000
202209 0.001 296.808 0.001
202212 -126.700 296.797 -140.965
202303 6.100 301.836 6.673
202306 0.000 305.109 0.000
202309 0.002 307.789 0.002
202312 -187.000 306.746 -201.306
202403 0.500 312.332 0.529
202406 0.000 314.175 0.000
202409 0.002 315.301 0.002
202412 -182.500 315.605 -190.947
202503 22.100 319.799 22.820
202506 0.001 322.561 0.001
202509 0.003 324.800 0.003
202512 -220.100 324.054 -224.283
202603 0.400 330.213 0.400

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 0.15 mean?
GMA Holdings (PHS:GMAP) has a Cyclically Adjusted PS Ratio of 0.15 as of Jul. 08, 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 GMA Holdings and its competitors. This is 114% above median its historical median of 0.07. Over the past decade, GMA Holdings' Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.22. According to the industry distribution chart, GMA Holdings ranks #37 out of 600 companies in the Capital Markets industry, placing it in the top 6.2%.
Is GMA Holdings' Cyclically Adjusted PS Ratio too high?
GMA Holdings' current Cyclically Adjusted PS Ratio of 0.15 is 114% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.22. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.32. GMA Holdings' value of 0.15 is 95.5% below this industry median. Based on the distribution chart, GMA Holdings ranks #37 out of 600 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, GMA Holdings has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does GMA Holdings' Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, GMA Holdings ranks #37 out of 600 companies for Cyclically Adjusted PS Ratio. This places GMA Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.32. GMA Holdings' value of 0.15 is 95.5% below this benchmark. Historically, GMA Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.03 to 0.22 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 3.32, GMA Holdings 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.32, based on 600 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. GMA Holdings's current Cyclically Adjusted PS Ratio of 0.15 is 95.5% 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 GMA Holdings and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMA Holdings's current Cyclically Adjusted PS Ratio is 0.15, which is 114% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMA Holdings stock overvalued right now?
GMA Holdings (PHS:GMAP) has a current Cyclically Adjusted PS Ratio of 0.15. The current Cyclically Adjusted PS Ratio is 0.15, which is 114% above median its 10-year median of 0.07 and 95.5% below the Capital Markets industry median of 3.32. GMA Holdings' overall GF Score™ is 36/100 with 1 warning sign 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 GMA Holdings (PHS:GMAP), the current Cyclically Adjusted PS Ratio is 0.15 as of Jul. 08, 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.

GMA Holdings Business Description

Address 5th Avenue corner Mckinley Road, Unit 3K, North Wing, Fairways Tower Condominium, Fort Bonifcacio, Taguig, PHL, 1634
GMA Holdings Inc is a Philippine company that engages in issuing Philippine deposit receipts (PDR's). The company invests in, purchases, acquires, owns, holds, uses, sells, assigns, transfers, mortgages, pledges, exchanges, disposes of real and personal property of every kind and description.
36GF Score

Get the complete analysis for PHS:GMAP

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

₱4.07
Price