PSKXF (The Philippine Stock Exchange) Gross Margin %: 70.59% (As of Mar. 2026) — Near Median


PSKXF The Philippine Stock Exchange Inc PSKXF
91 GF Score
Price $3.51
GF Value $6.58
! 4 Warning Signs
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What is The Philippine Stock Exchange Gross Margin %?

The Philippine Stock Exchange PSKXF 91 Gross Margin % is 70.59% as of Mar. 2026, which is 2% above its 10-year median of 69.47. GuruFocus rates PSKXF with a GF Score™ of 91/100 and a GF Value™ of $6.58. The stock has 4 warning signs investors should review. Among 618 Capital Markets companies, The Philippine Stock Exchange ranks better than 71.68% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. The Philippine Stock Exchange's Gross Profit for the three months ended in Mar. 2026 was $8.82 Mil. The Philippine Stock Exchange's Revenue for the three months ended in Mar. 2026 was $12.50 Mil. Therefore, The Philippine Stock Exchange's Gross Margin % for the quarter that ended in Mar. 2026 was 70.59%.

Warning Sign:

The Philippine Stock Exchange Inc gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


The historical rank and industry rank for The Philippine Stock Exchange's Gross Margin % or its related term are showing as below:

PSKXF' s Gross Margin % Range Over the Past 10 Years
Min: 66.52   Med: 69.47   Max: 78.13
Current: 70.03


During the past 13 years, the highest Gross Margin % of The Philippine Stock Exchange was 78.13%. The lowest was 66.52%. And the median was 69.47%.

PSKXF's Gross Margin % is ranked better than
71.68% of 618 companies
in the Capital Markets industry
Industry Median: 48.285 vs PSKXF: 70.03

The Philippine Stock Exchange had a gross margin of 70.59% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for The Philippine Stock Exchange was -1.20% per year.


The Philippine Stock Exchange  (OTCPK:PSKXF) Gross Margin % Explanation

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

The Philippine Stock Exchange had a gross margin of 70.59% 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.


The Philippine Stock Exchange Gross Margin % Related Terms


The Philippine Stock Exchange Gross Margin % Historical Data

* Premium members only.

The historical data trend for The Philippine Stock Exchange'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.

The Philippine Stock Exchange Gross Margin % Chart

The Philippine Stock Exchange Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.13 78.06 71.47 68.68 69.33

The Philippine Stock Exchange Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 63.74 68.53 67.54 72.78 70.59

PSKXF vs SPGI, CME, ICE: Gross Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, The Philippine Stock Exchange'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.


The Philippine Stock Exchange Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Philippine Stock Exchange's Gross Margin % distribution charts can be found below:

* The bar in red indicates where The Philippine Stock Exchange's Gross Margin % falls into.


PSKXF
91GF Score
The Philippine Stock Exchange Inc PSKXF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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The Philippine Stock Exchange Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

The Philippine Stock Exchange's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=32.2 / 46.45
=(Revenue - Cost of Goods Sold) / Revenue
=(46.45 - 14.248) / 46.45
=69.33 %

The Philippine Stock Exchange's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=8.8 / 12.497
=(Revenue - Cost of Goods Sold) / Revenue
=(12.497 - 3.675) / 12.497
=70.59 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 70.59% mean?
The Philippine Stock Exchange (PSKXF) has a Gross Margin % of 70.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on The Philippine Stock Exchange and its competitors. This is near median its historical median of 69.47. Over the past decade, The Philippine Stock Exchange's Gross Margin % has ranged from 66.52 to 78.13. According to the industry distribution chart, The Philippine Stock Exchange ranks #175 out of 618 companies in the Capital Markets industry, placing it in the top 28.3%.
Is The Philippine Stock Exchange's Gross Margin % too high?
The Philippine Stock Exchange's current Gross Margin % of 70.59% is near median its 10-year median of 69.47. Over the past 10 years, this metric has ranged from a low of 66.52 to a high of 78.13. The Capital Markets industry median Gross Margin % is 48.29. The Philippine Stock Exchange's value of 70.59% is 46.2% above this industry median. Based on the distribution chart, The Philippine Stock Exchange ranks #175 out of 618 companies in the Capital Markets industry, which is above the industry midpoint. Overall, The Philippine Stock Exchange has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does The Philippine Stock Exchange's Gross Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, The Philippine Stock Exchange ranks #175 out of 618 companies for Gross Margin %. This puts The Philippine Stock Exchange in the upper half of its industry. The industry median Gross Margin % is 48.29. The Philippine Stock Exchange's value of 70.59% is 46.2% above this benchmark. Historically, The Philippine Stock Exchange's own Gross Margin % has ranged from 66.52 to 78.13 over the past decade. While the company's 10-year median is 69.47 vs. the industry median of 48.29, The Philippine Stock Exchange 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.29, based on 618 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. The Philippine Stock Exchange's current Gross Margin % of 70.59% is 46.2% 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 The Philippine Stock Exchange and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Philippine Stock Exchange's current Gross Margin % is 70.59%, which is near median its own 10-year median of 69.47. 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?
The Philippine Stock Exchange (PSKXF) has a current Gross Margin % of 70.59%. The stock's GF Value™ is $6.58, compared to a current price of $3.51 — trading 46.7% below its estimated fair value. The current Gross Margin % is 70.59%, which is near median its 10-year median of 69.47 and 46.2% above the Capital Markets industry median of 48.29. The Philippine Stock Exchange's overall GF Score™ is 91/100 with 4 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 The Philippine Stock Exchange (PSKXF), the current Gross Margin % is 70.59% 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 (PSKXF) Overvalued in 2026?

Based on GuruFocus' analysis, The Philippine Stock Exchange stock appears to be undervalued. The current stock price of $3.51 is trading 46.7% below its estimated GF Value™ of $6.58.

Key valuation signals for PSKXF:

  • Gross Margin %: 70.59% (near median its 10-year median of 69.47)
  • GF Value™: $6.58 vs. price of $3.51 (46.7% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 46.2% above the Capital Markets median (#175 of 618)

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


The Philippine Stock Exchange Business Description

Other Exchanges PSE:Philippines
Address 28th Street, 5th Avenue corner, 6th to 10th floors, PSE Tower, Bonifacio Global City, Taguig, PHL, 1634
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.
91GF Score

Get the complete analysis for PSKXF

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

$3.51
Price
$6.58
GF Value