Shang PropertiesPHS:SHNG +1.27%81 Gross Margin % is 61.06% as of Mar. 2026, which is 26% above its 10-year median of 48.60. GuruFocus rates PHS:SHNG with a GF Score™ of 81/100 and a GF Value™ of ₱4.37 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,644 Real Estate companies, Shang Properties ranks better than 71.17% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Shang Properties had a gross margin of 61.06% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Shang Properties Gross Margin % Related Terms
Shang Properties Gross Margin % Historical Data
* Premium members only.
The historical data trend for Shang Properties's Gross Margin % 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.
For the Real Estate - Diversified subindustry, Shang Properties's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.
Shang Properties Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Shang Properties's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Shang Properties's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Shang Properties (PHS:SHNG) has a Gross Margin % of 61.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Shang Properties and its competitors. This is 26% above median its historical median of 48.60. Over the past decade, Shang Properties' Gross Margin % has ranged from 41.54 to 64.69. According to the industry distribution chart, Shang Properties ranks #474 out of 1644 companies in the Real Estate industry, placing it in the top 28.8%.
Is Shang Properties' Gross Margin % too high?
Shang Properties' current Gross Margin % of 61.06% is 26% above median its 10-year median of 48.60. Over the past 10 years, this metric has ranged from a low of 41.54 to a high of 64.69. The Real Estate industry median Gross Margin % is 36.96. Shang Properties' value of 61.06% is 65.2% above this industry median. Based on the distribution chart, Shang Properties ranks #474 out of 1644 companies in the Real Estate industry, which is above the industry midpoint. Overall, Shang Properties has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shang Properties' Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Shang Properties ranks #474 out of 1644 companies for Gross Margin %. This puts Shang Properties in the upper half of its industry. The industry median Gross Margin % is 36.96. Shang Properties' value of 61.06% is 65.2% above this benchmark. Historically, Shang Properties' own Gross Margin % has ranged from 41.54 to 64.69 over the past decade. While the company's 10-year median is 48.60 vs. the industry median of 36.96, Shang Properties has consistently been above 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 Gross Margin % for a Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shang Properties's current Gross Margin % of 61.06% is 65.2% above 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Shang Properties and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shang Properties's current Gross Margin % is 61.06%, which is 26% above median its own 10-year median of 48.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shang Properties stock overvalued right now?
Based on GuruFocus' analysis, Shang Properties (PHS:SHNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.37, compared to a current price of ₱3.19 — trading 27% below its estimated fair value. The current Gross Margin % is 61.06%, which is 26% above median its 10-year median of 48.60 and 65.2% above the Real Estate industry median of 36.96. Shang Properties' overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Shang Properties (PHS:SHNG), the current Gross Margin % is 61.06% 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 Shang Properties (PHS:SHNG) Overvalued in 2026?
Based on GuruFocus' analysis, Shang Properties stock appears to be undervalued.
The current stock price of ₱3.19 is trading 27% below its estimated GF Value™ of ₱4.37.
GuruFocus considers Shang Properties to be Modestly Undervalued.
Key valuation signals for PHS:SHNG:
Gross Margin %: 61.06% (26% above median its 10-year median of 48.60)
GF Value™: ₱4.37 vs. price of ₱3.19 (27% below fair value)
Industry Position: 65.2% above the Real Estate median (#474 of 1644)
No single metric tells the full story. See the PHS:SHNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shang Properties Inc is to acquire, own, develop, subdivide, sell, mortgage, exchange, lease or hold for investment, real properties of all kinds. The company has three segments Property development, Hotel operations, Leasing. The company generates majority of revenue from Property development segment.
81GF Score
Get the complete analysis for PHS:SHNG
Gross Margin % 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:SHNG has been successfully added to your 
