8990 Holdings (PHS:HOUSE) E10: ₱1.22 (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PHS:HOUSE 8990 Holdings Inc PHS:HOUSE
6 GF Score
Price ₱10.42
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What is 8990 Holdings E10?

8990 Holdings PHS:HOUSE 6 E10 is ₱1.22 as of Jun. 2025. GuruFocus rates PHS:HOUSE with a GF Score™ of 6/100.

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.

8990 Holdings's adjusted earnings per share data for the three months ended in Jun. 2025 was ₱0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱1.22 for the trailing ten years ended in Jun. 2025.

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.

As of today (2026-07-15), 8990 Holdings's current stock price is ₱10.42. 8990 Holdings's E10 for the quarter that ended in Jun. 2025 was ₱1.22. 8990 Holdings's Shiller PE Ratio of today is 8.54.


8990 Holdings  (PHS:HOUSE) 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.

8990 Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.42/1.22
=8.54

* 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.


Be Aware

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


8990 Holdings E10 Related Terms


8990 Holdings E10 Historical Data

* Premium members only.

The historical data trend for 8990 Holdings'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.

8990 Holdings E10 Chart

8990 Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 2.24 2.19 1.14 1.19

8990 Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 1.18 1.19 1.19 1.21 1.22

8990 Holdings E10 Competitor Comparison

For the Real Estate - Development subindustry, 8990 Holdings'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.


8990 Holdings Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, 8990 Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where 8990 Holdings's Shiller PE Ratio falls into.


PHS:HOUSE
6GF Score
8990 Holdings Inc PHS:HOUSE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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8990 Holdings 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, 8990 Holdings's adjusted earnings per share data for the three months ended in Jun. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=0.28/322.5610*322.5610
=0.280

Current CPI (Jun. 2025) = 322.5610.

8990 Holdings Quarterly Data

per share eps CPI Adj_EPS
201509 0.188 237.945 0.255
201512 0.101 236.525 0.138
201603 0.187 238.132 0.253
201606 0.208 241.018 0.278
201609 0.205 241.428 0.274
201612 0.070 241.432 0.094
201703 0.133 243.801 0.176
201706 0.085 244.955 0.112
201709 0.225 246.819 0.294
201712 0.303 246.524 0.396
201803 0.183 249.554 0.237
201806 0.250 251.989 0.320
201809 0.185 252.439 0.236
201812 0.254 251.233 0.326
201903 0.212 254.202 0.269
201906 0.297 256.143 0.374
201909 0.255 256.759 0.320
201912 0.250 256.974 0.314
202003 0.250 258.115 0.312
202006 0.026 257.797 0.033
202009 0.347 260.280 0.430
202012 0.283 260.474 0.350
202103 0.290 264.877 0.353
202106 0.350 271.696 0.416
202109 0.900 274.310 1.058
202112 0.230 278.802 0.266
202203 0.360 287.504 0.404
202206 0.330 296.311 0.359
202209 0.430 296.808 0.467
202212 0.150 296.797 0.163
202303 0.350 301.836 0.374
202306 0.350 305.109 0.370
202309 0.450 307.789 0.472
202312 0.090 306.746 0.095
202403 0.320 312.332 0.330
202406 0.250 314.175 0.257
202409 0.310 315.301 0.317
202412 0.150 315.605 0.153
202503 0.290 319.799 0.293
202506 0.280 322.561 0.280

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 ₱1.22 mean?
8990 Holdings (PHS:HOUSE) has a E10 of ₱1.22 as of Jun. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on 8990 Holdings and its competitors.
Is 8990 Holdings' E10 too high?
8990 Holdings' current E10 is ₱1.22. Overall, 8990 Holdings has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does 8990 Holdings' E10 compare to competitors?
8990 Holdings' E10 of ₱1.22 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 8990 Holdings and its competitors. 8990 Holdings's current E10 is ₱1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 8990 Holdings stock overvalued right now?
8990 Holdings (PHS:HOUSE) has a current E10 of ₱1.22. The current E10 is ₱1.22. 8990 Holdings' overall GF Score™ is 6/100. 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 8990 Holdings (PHS:HOUSE), the current E10 is ₱1.22 as of Jun. 2025. 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.

8990 Holdings Business Description

Address 104 H.V. Dela Costa, 11th Floor, Liberty Center, Salcedo Village, Makati, PHL, 1200
8990 Holdings Inc is a holding company with subsidiaries that operate in housing and resort real estate development. The group's operating segments are managed in four separate segments according to the nature of their products and markets as follows: Low-cost Mass Housing, Medium-rise Condominiums, High-rise Condominiums, and Others. The High-rise Condominiums segment is responsible for generating a majority of the company's revenue. All the company's operations take place in the Philippines, where it earns all its revenue.
6GF Score

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

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