The Philippine Stock ExchangePHS:PSE 88 Debt-to-EBITDA is 0.41 as of Mar. 2026, which is 486% above its 10-year median of 0.07. GuruFocus rates PHS:PSE with a GF Score™ of 88/100 and a GF Value™ of ₱380.60 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 421 Capital Markets companies, The Philippine Stock Exchange ranks better than 71.5% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for The Philippine Stock Exchange's Debt-to-EBITDA or its related term are showing as below:
PHS:PSE'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.51
Current: 0.43
During the past 13 years, the highest Debt-to-EBITDA Ratio of The Philippine Stock Exchange was 0.51. The lowest was 0.02. And the median was 0.07.
PHS:PSE's Debt-to-EBITDA is ranked better than 71.5% of 421
companies
in the Capital Markets industry
Industry Median: 1.64
vs PHS:PSE: 0.43
The Philippine Stock Exchange (PHS:PSE) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The Philippine Stock Exchange Debt-to-EBITDA Related Terms
The Philippine Stock Exchange Debt-to-EBITDA Historical Data
* 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.
The Philippine Stock Exchange Debt-to-EBITDA Chart
PHS:PSE vs SPGI, CME, MCO: Debt-to-EBITDA Comparison
For the Financial Data & Stock Exchanges subindustry, The Philippine Stock Exchange's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.
The Philippine Stock Exchange Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, The Philippine Stock Exchange's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where The Philippine Stock Exchange's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
The Philippine Stock Exchange (PHS:PSE) has a Debt-to-EBITDA of 0.41 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on The Philippine Stock Exchange. This is 486% above median its historical median of 0.07. Over the past decade, The Philippine Stock Exchange's Debt-to-EBITDA has ranged from 0.02 to 0.51. According to the industry distribution chart, The Philippine Stock Exchange ranks #120 out of 421 companies in the Capital Markets industry, placing it in the top 28.5%.
Is The Philippine Stock Exchange's Debt-to-EBITDA too high?
The Philippine Stock Exchange's current Debt-to-EBITDA of 0.41 is 486% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.51. The Capital Markets industry median Debt-to-EBITDA is 1.64. The Philippine Stock Exchange's value of 0.41 is 75% below this industry median. Based on the distribution chart, The Philippine Stock Exchange ranks #120 out of 421 companies in the Capital Markets industry, which is above the industry midpoint. Overall, The Philippine Stock Exchange has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Philippine Stock Exchange's Debt-to-EBITDA compare to SPGI and CME?
According to the Capital Markets industry distribution chart, The Philippine Stock Exchange ranks #120 out of 421 companies for Debt-to-EBITDA. This puts The Philippine Stock Exchange in the upper half of its industry. The industry median Debt-to-EBITDA is 1.64. The Philippine Stock Exchange's value of 0.41 is 75% below this benchmark. Historically, The Philippine Stock Exchange's own Debt-to-EBITDA has ranged from 0.02 to 0.51 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.64, The Philippine Stock Exchange 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 Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.64, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Philippine Stock Exchange's current Debt-to-EBITDA of 0.41 is 75% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on The Philippine Stock Exchange. For the Capital Markets industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Philippine Stock Exchange's current Debt-to-EBITDA is 0.41, which is 486% 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 The Philippine Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, The Philippine Stock Exchange (PHS:PSE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱380.60, compared to a current price of ₱205.00 — trading 46.1% below its estimated fair value. The current Debt-to-EBITDA is 0.41, which is 486% above median its 10-year median of 0.07 and 75% below the Capital Markets industry median of 1.64. The Philippine Stock Exchange's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For The Philippine Stock Exchange (PHS:PSE), the current Debt-to-EBITDA is 0.41 as of Mar. 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 The Philippine Stock Exchange (PHS:PSE) Overvalued in 2026?
Based on GuruFocus' analysis, The Philippine Stock Exchange stock appears to be undervalued.
The current stock price of ₱205.00 is trading 46.1% below its estimated GF Value™ of ₱380.60.
GuruFocus considers The Philippine Stock Exchange to be Significantly Undervalued.
Key valuation signals for PHS:PSE:
Debt-to-EBITDA: 0.41 (486% above median its 10-year median of 0.07)
GF Value™: ₱380.60 vs. price of ₱205.00 (46.1% below fair value)
Industry Position: 75% below the Capital Markets median (#120 of 421)
No single metric tells the full story. See the PHS:PSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Philippine Stock Exchange Business Description
The Philippine Stock Exchange Inc is a Philippines-based stock corporation. The company's business is to provide and maintain a convenient and suitable market for the exchange, purchase, and sale of all types of securities and other instruments. The company's business segments include: Equity, Clearing and Settlement Business; and Depository and Fixed Income Business. It derives maximum revenue from Equity, Clearing and Settlement Business. The sources of revenue also consist of listing-related fees for initial public offerings, annual listing maintenance membership, transactions, data feeds, and miscellaneous fees.
88GF Score
Get the complete analysis for PHS:PSE
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:PSE has been successfully added to your 
