PLDT (PHS:TEL) E10: ₱121.72 (As of Mar. 2026)


PHS:TEL PLDT Inc PHS:TEL
86 GF Score
Price ₱1,164.00
GF Value ₱1,346.00
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is PLDT E10?

PLDT PHS:TEL +3.01% 86 E10 is ₱121.72 as of Mar. 2026. GuruFocus rates PHS:TEL with a GF Score™ of 86/100 and a GF Value™ of ₱1,346.00 (Modestly Undervalued). The stock has 6 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.

PLDT's adjusted earnings per share data for the three months ended in Mar. 2026 was ₱40.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱121.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PLDT's average E10 Growth Rate was 4.40% per year. During the past 3 years, the average E10 Growth Rate was -1.70% per year. During the past 5 years, the average E10 Growth Rate was -2.70% per year. During the past 10 years, the average E10 Growth Rate was -4.70% 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 PLDT was 37.00% per year. The lowest was -7.00% per year. And the median was -0.95% per year.

As of today (2026-06-24), PLDT's current stock price is ₱1164.00. PLDT's E10 for the quarter that ended in Mar. 2026 was ₱121.72. PLDT's Shiller PE Ratio of today is 9.56.

During the past 13 years, the highest Shiller PE Ratio of PLDT was 14.86. The lowest was 5.98. And the median was 9.95.


PLDT  (PHS:TEL) 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.

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

Shiller PE Ratio=Share Price/E10
=1164.00/121.72
=9.56

* 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 PLDT was 14.86. The lowest was 5.98. And the median was 9.95.


Be Aware

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


PLDT E10 Related Terms


PLDT E10 Historical Data

* Premium members only.

The historical data trend for PLDT'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.

PLDT E10 Chart

PLDT 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 133.55 125.59 120.04 116.79 119.33

PLDT 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 116.63 116.02 115.86 119.33 121.72

PHS:TEL vs TMUS, VZ, T: E10 Comparison

For the Telecom Services subindustry, PLDT'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.


PLDT Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PLDT's Shiller PE Ratio distribution charts can be found below:

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


PHS:TEL
86GF Score
PLDT Inc PHS:TEL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PLDT 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, PLDT'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)
=40.98/330.2130*330.2130
=40.980

Current CPI (Mar. 2026) = 330.2130.

PLDT Quarterly Data

per share eps CPI Adj_EPS
201606 28.840 241.018 39.513
201609 15.670 241.428 21.433
201612 19.110 241.432 26.137
201703 22.840 243.801 30.935
201706 53.480 244.955 72.094
201709 24.740 246.819 33.099
201712 -39.450 246.524 -52.842
201803 31.870 249.554 42.171
201806 22.440 251.989 29.406
201809 20.780 252.439 27.182
201812 12.190 251.233 16.022
201903 30.980 254.202 40.244
201906 25.390 256.143 32.732
201909 17.460 256.759 22.455
201912 30.140 256.974 38.730
202003 27.300 258.115 34.926
202006 29.400 257.797 37.659
202009 34.220 260.280 43.414
202012 21.200 260.474 26.876
202103 26.790 264.877 33.398
202106 32.880 271.696 39.962
202109 27.360 274.310 32.936
202112 34.730 278.802 41.134
202203 42.040 287.504 48.285
202206 35.610 296.311 39.684
202209 49.520 296.808 55.093
202212 -78.820 296.797 -87.694
202303 41.660 301.836 45.577
202306 43.610 305.109 47.198
202309 43.560 307.789 46.734
202312 -12.060 306.746 -12.983
202403 45.400 312.332 47.999
202406 39.690 314.175 41.716
202409 44.620 315.301 46.730
202412 12.090 315.605 12.650
202503 41.710 319.799 43.068
202506 42.100 322.561 43.099
202509 32.020 324.800 32.554
202512 16.550 324.054 16.865
202603 40.980 330.213 40.980

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 ₱121.72 mean?
PLDT (PHS:TEL) has a E10 of ₱121.72 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PLDT and its competitors.
Is PLDT's E10 too high?
PLDT's current E10 is ₱121.72. Overall, PLDT has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PLDT's E10 compare to TMUS and VZ?
PLDT's E10 of ₱121.72 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good E10 depends on the Telecommunication Services 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 PLDT and its competitors. PLDT's current E10 is ₱121.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PLDT stock overvalued right now?
Based on GuruFocus' analysis, PLDT (PHS:TEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱1,346.00, compared to a current price of ₱1,164.00 — trading 13.5% below its estimated fair value. The current E10 is ₱121.72. PLDT's overall GF Score™ is 86/100 with 6 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 PLDT (PHS:TEL), the current E10 is ₱121.72 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 PLDT (PHS:TEL) Overvalued in 2026?

Based on GuruFocus' analysis, PLDT stock appears to be undervalued. The current stock price of ₱1,164.00 is trading 13.5% below its estimated GF Value™ of ₱1,346.00. GuruFocus considers PLDT to be Modestly Undervalued.

Key valuation signals for PHS:TEL:

  • E10: ₱121.72
  • GF Value™: ₱1,346.00 vs. price of ₱1,164.00 (13.5% below fair value)
  • GF Score™: 86/100 with 6 warning signs

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


PLDT Business Description

Other Exchanges PHTCF:USAPHI:USAPLO:Germany
Address Makati Avenue, Corner Ayala Avenue, Ramon Cojuangco Building, Legaspi Village, Metro Manila, Makati City, PHL, 1200
PLDT Inc is a telecommunications and digital services provider. The group has three reportable operating segments: Wireless, Fixed Line, and Others. Maximum revenue is generated from its Fixed Line segment, which offers fixed line telecommunications services, servicing retail, corporate, and small and medium-sized enterprises clients. The Fixed Line business segment offers data, voice, and miscellaneous services. It also offers secure data centers, multi-cloud, cybersecurity, data, and artificial intelligence (AI) solutions through different subsidiaries. The Wireless segment generates revenue by offering access to mobile internet via smartphones, mobile broadband using pocket WiFi, or home WiFi using fixed wireless broadband devices. Geographically, the group operates in the Philippines.
86GF Score

Get the complete analysis for PHS:TEL

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

₱1,164.00
Price
₱1,346.00
GF Value