Pal Holdings (PHS:PAL) Cyclically Adjusted PS Ratio: 0.22 (As of Jul. 01, 2026) — 48% Below Median


PHS:PAL Pal Holdings Inc PHS:PAL
57 GF Score
Price ₱2.67
GF Value ₱2.74
Valuation Fairly Valued
! 4 Warning Signs
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What is Pal Holdings Cyclically Adjusted PS Ratio?

Pal Holdings PHS:PAL -0.74% 57 Cyclically Adjusted PS Ratio is 0.22 as of Jul. 01, 2026, which is 48% below its 10-year median of 0.42. GuruFocus rates PHS:PAL with a GF Score™ of 57/100 and a GF Value™ of ₱2.74 (Fairly Valued). The stock has 4 warning signs investors should review. Among 754 Transportation companies, Pal Holdings ranks better than 85.41% on this metric.

As of today (2026-07-01), Pal Holdings's current share price is ₱2.67. Pal Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₱12.06. Pal Holdings's Cyclically Adjusted PS Ratio for today is 0.22.

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

PHS:PAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.42   Max: 0.54
Current: 0.22

During the past years, Pal Holdings's highest Cyclically Adjusted PS Ratio was 0.54. The lowest was 0.01. And the median was 0.42.

PHS:PAL's Cyclically Adjusted PS Ratio is ranked better than
85.41% of 754 companies
in the Transportation industry
Industry Median: 0.91 vs PHS:PAL: 0.22

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.

Pal Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was ₱1.953. 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 ₱12.06 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pal Holdings  (PHS:PAL) 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.


Pal Holdings Cyclically Adjusted PS Ratio Related Terms


Pal Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pal 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.

Pal Holdings Cyclically Adjusted PS Ratio Chart

Pal 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 0.48 0.51 0.40 0.40 0.32

Pal 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 0.35 0.33 0.31 0.32 0.29

PHS:PAL vs DAL, UAL, LUV: Cyclically Adjusted PS Ratio Comparison

For the Airlines subindustry, Pal 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.


Pal Holdings Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Pal Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


PHS:PAL
57GF Score
Pal Holdings Inc PHS:PAL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pal 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.67/12.06
=0.22

* 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.

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

For example, Pal 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)
=1.953/330.2130*330.2130
=1.953

Current CPI (Mar. 2026) = 330.2130.

Pal Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.820 241.018 3.864
201609 2.753 241.428 3.765
201612 1.825 241.432 2.496
201703 2.812 243.801 3.809
201706 2.899 244.955 3.908
201709 2.607 246.819 3.488
201712 2.838 246.524 3.801
201803 3.154 249.554 4.173
201806 3.292 251.989 4.314
201809 3.168 252.439 4.144
201812 3.346 251.233 4.398
201903 3.380 254.202 4.391
201906 3.614 256.143 4.659
201909 3.156 256.759 4.059
201912 3.160 256.974 4.061
202003 2.762 258.115 3.533
202006 0.409 257.797 0.524
202009 0.730 260.280 0.926
202012 0.859 260.474 1.089
202103 0.715 264.877 0.891
202106 0.839 271.696 1.020
202109 1.216 274.310 1.464
202112 2.286 278.802 2.708
202203 2.035 287.504 2.337
202206 2.906 296.311 3.238
202209 3.480 296.808 3.872
202212 3.572 296.797 3.974
202303 3.635 301.836 3.977
202306 3.896 305.109 4.217
202309 4.059 307.789 4.355
202312 3.837 306.746 4.131
202403 3.945 312.332 4.171
202406 1.680 314.175 1.766
202409 2.233 315.301 2.339
202412 1.697 315.605 1.776
202503 1.749 319.799 1.806
202506 1.727 322.561 1.768
202509 1.589 324.800 1.615
202512 1.781 324.054 1.815
202603 1.953 330.213 1.953

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 0.22 mean?
Pal Holdings (PHS:PAL) has a Cyclically Adjusted PS Ratio of 0.22 as of Jul. 01, 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 Pal Holdings and its competitors. This is 48% below median its historical median of 0.42. Over the past decade, Pal Holdings' Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.54. According to the industry distribution chart, Pal Holdings ranks #110 out of 754 companies in the Transportation industry, placing it in the top 14.6%.
Is Pal Holdings' Cyclically Adjusted PS Ratio too high?
Pal Holdings' current Cyclically Adjusted PS Ratio of 0.22 is 48% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.54. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Pal Holdings' value of 0.22 is 75.8% below this industry median. Based on the distribution chart, Pal Holdings ranks #110 out of 754 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Pal Holdings has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pal Holdings' Cyclically Adjusted PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Pal Holdings ranks #110 out of 754 companies for Cyclically Adjusted PS Ratio. This places Pal Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.91. Pal Holdings' value of 0.22 is 75.8% below this benchmark. Historically, Pal Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.54 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.91, Pal 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 754 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. Pal Holdings's current Cyclically Adjusted PS Ratio of 0.22 is 75.8% 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 Pal Holdings and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pal Holdings's current Cyclically Adjusted PS Ratio is 0.22, which is 48% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pal Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pal Holdings (PHS:PAL) is currently considered Fairly Valued. The stock's GF Value™ is ₱2.74, compared to a current price of ₱2.67 — trading 2.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.22, which is 48% below median its 10-year median of 0.42 and 75.8% below the Transportation industry median of 0.91. Pal Holdings' overall GF Score™ is 57/100 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 Pal Holdings (PHS:PAL), the current Cyclically Adjusted PS Ratio is 0.22 as of Jul. 01, 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 Pal Holdings (PHS:PAL) Overvalued in 2026?

Based on GuruFocus' analysis, Pal Holdings stock appears to be undervalued. The current stock price of ₱2.67 is trading 2.6% below its estimated GF Value™ of ₱2.74. GuruFocus considers Pal Holdings to be Fairly Valued.

Key valuation signals for PHS:PAL:

  • Cyclically Adjusted PS Ratio: 0.22 (48% below median its 10-year median of 0.42)
  • GF Value™: ₱2.74 vs. price of ₱2.67 (2.6% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 75.8% below the Transportation median (#110 of 754)

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


Pal Holdings Business Description

Address Andrews Avenue, Philippine Airlines, PAL Gate 5, Lucio K. Tan Junior Center, Pasay City, PHL, 1300
Pal Holdings Inc through its subsidiaries, is engaged in air transport of passengers and cargo within the Philippines and between the Philippines and several international destinations. Its revenues are mainly derived from rendering transportation services, and all sales are made to external customers.
57GF Score

Get the complete analysis for PHS:PAL

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

₱2.67
Price
₱2.74
GF Value