Ayala Land (PHS:ALI) E10: ₱1.98 (As of Mar. 2026)


PHS:ALI Ayala Land Inc PHS:ALI
70 GF Score
Price ₱15.12
GF Value ₱29.33
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Ayala Land E10?

Ayala Land PHS:ALI +2.16% 70 E10 is ₱1.98 as of Mar. 2026. GuruFocus rates PHS:ALI with a GF Score™ of 70/100 and a GF Value™ of ₱29.33 (Possible Value Trap). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ayala Land's adjusted earnings per share data for the three months ended in Mar. 2026 was ₱0.380. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱1.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ayala Land's average E10 Growth Rate was 8.20% per year. During the past 3 years, the average E10 Growth Rate was 8.20% per year. During the past 5 years, the average E10 Growth Rate was 8.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Ayala Land was 11.40% per year. The lowest was 6.40% per year. And the median was 8.70% per year.

As of today (2026-06-25), Ayala Land's current stock price is ₱15.12. Ayala Land's E10 for the quarter that ended in Mar. 2026 was ₱1.98. Ayala Land's Shiller PE Ratio of today is 7.64.

During the past 13 years, the highest Shiller PE Ratio of Ayala Land was 50.53. The lowest was 6.43. And the median was 22.44.


Ayala Land  (PHS:ALI) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ayala Land's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.12/1.98
=7.64

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Ayala Land was 50.53. The lowest was 6.43. And the median was 22.44.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Ayala Land E10 Related Terms


Ayala Land E10 Historical Data

* Premium members only.

The historical data trend for Ayala Land's E10 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.

Ayala Land E10 Chart

Ayala Land Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.54 1.69 1.79 1.95

Ayala Land Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 1.83 1.85 1.87 1.95 1.98

Ayala Land E10 Competitor Comparison

For the Real Estate - Development subindustry, Ayala Land's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Ayala Land Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ayala Land's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ayala Land's Shiller PE Ratio falls into.


PHS:ALI
70GF Score
Ayala Land Inc PHS:ALI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ayala Land E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Ayala Land's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.38/330.2130*330.2130
=0.380

Current CPI (Mar. 2026) = 330.2130.

Ayala Land Quarterly Data

per share eps CPI Adj_EPS
201606 0.340 241.018 0.466
201609 0.360 241.428 0.492
201612 0.400 241.432 0.547
201703 0.380 243.801 0.515
201706 0.400 244.955 0.539
201709 0.430 246.819 0.575
201712 0.490 246.524 0.656
201803 0.440 249.554 0.582
201806 0.470 251.989 0.616
201809 0.490 252.439 0.641
201812 0.570 251.233 0.749
201903 0.500 254.202 0.650
201906 0.530 256.143 0.683
201909 0.540 256.759 0.694
201912 0.680 256.974 0.874
202003 0.290 258.115 0.371
202006 0.010 257.797 0.013
202009 0.120 260.280 0.152
202012 0.160 260.474 0.203
202103 0.190 264.877 0.237
202106 0.220 271.696 0.267
202109 0.170 274.310 0.205
202112 0.250 278.802 0.296
202203 0.210 287.504 0.241
202206 0.330 296.311 0.368
202209 0.350 296.808 0.389
202212 0.370 296.797 0.412
202303 0.300 301.836 0.328
202306 0.450 305.109 0.487
202309 0.880 307.789 0.944
202312 0.410 306.746 0.441
202403 0.420 312.332 0.444
202406 0.460 314.175 0.483
202409 0.540 315.301 0.566
202412 0.480 315.605 0.502
202503 0.480 319.799 0.496
202506 0.490 322.561 0.502
202509 0.490 324.800 0.498
202512 1.230 324.054 1.253
202603 0.380 330.213 0.380

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₱1.98 mean?
Ayala Land (PHS:ALI) has a E10 of ₱1.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ayala Land and its competitors.
Is Ayala Land's E10 too high?
Ayala Land's current E10 is ₱1.98. Overall, Ayala Land has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ayala Land's E10 compare to competitors?
Ayala Land's E10 of ₱1.98 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Real Estate company?
A good E10 depends on the Real Estate industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ayala Land and its competitors. Ayala Land's current E10 is ₱1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayala Land stock overvalued right now?
Based on GuruFocus' analysis, Ayala Land (PHS:ALI) is currently considered Possible Value Trap. The stock's GF Value™ is ₱29.33, compared to a current price of ₱15.12 — trading 48.4% below its estimated fair value. The current E10 is ₱1.98. Ayala Land's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Ayala Land (PHS:ALI), the current E10 is ₱1.98 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 Ayala Land (PHS:ALI) Overvalued in 2026?

Based on GuruFocus' analysis, Ayala Land stock appears to be undervalued. The current stock price of ₱15.12 is trading 48.4% below its estimated GF Value™ of ₱29.33. GuruFocus considers Ayala Land to be Possible Value Trap.

Key valuation signals for PHS:ALI:

  • E10: ₱1.98
  • GF Value™: ₱29.33 vs. price of ₱15.12 (48.4% below fair value)
  • GF Score™: 70/100 with 5 warning signs

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


Ayala Land Business Description

Other Exchanges AYAAY:USAAYAAF:USA
Address Ayala Triangle, Ayala Avenue, 31st Floor, Tower One and Exchange Plaza, Makati City, PHL, 1226
Ayala Land Inc is engaged in land acquisition, planning, and development of large scale, integrated, mixed use and sustainable estates, industrial estates, development and sale of residential and office condominiums, house and lots, and commercial and industrial lots, development and lease of shopping centers and offices, co working spaces and standard factory buildings and warehouses, and the development, management and operation of hotels and resorts and co living spaces. The Company is also engaged in construction, property management and retail electricity supply. Its segments include Property development, which generates maximum revenue, International, Shopping centers, Offices, Industrial Real Estate, Hotels and resorts, Construction, and Property management and others.
70GF Score

Get the complete analysis for PHS:ALI

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱15.12
Price
₱29.33
GF Value