Italpinas Development (PHS:IDC) PB Ratio: 0.21 (As of Jun. 24, 2026) — 80% Below Median


PHS:IDC Italpinas Development Corp PHS:IDC
65 GF Score
Price ₱0.58
GF Value ₱1.37
Valuation Possible Value Trap
! 8 Warning Signs
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What is Italpinas Development PB Ratio?

Italpinas Development PHS:IDC 65 PB Ratio is 0.21 as of Jun. 24, 2026, which is 80% below its 10-year median of 1.06. GuruFocus rates PHS:IDC with a GF Score™ of 65/100 and a GF Value™ of ₱1.37 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,711 Real Estate companies, Italpinas Development ranks better than 89.83% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-24), Italpinas Development's share price is ₱0.58. Italpinas Development's Book Value per Share for the quarter that ended in Mar. 2026 was ₱2.73. Hence, Italpinas Development's PB Ratio of today is 0.21.

Good Sign:

Italpinas Development Corp stock PB Ratio (=0.21) is close to 10-year low of 0.21.

The historical rank and industry rank for Italpinas Development's PB Ratio or its related term are showing as below:

PHS:IDC' s PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.06   Max: 10.14
Current: 0.21

During the past 13 years, Italpinas Development's highest PB Ratio was 10.14. The lowest was 0.21. And the median was 1.06.

PHS:IDC's PB Ratio is ranked better than
89.83% of 1711 companies
in the Real Estate industry
Industry Median: 0.82 vs PHS:IDC: 0.21

During the past 12 months, Italpinas Development's average Book Value Per Share Growth Rate was 15.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Italpinas Development was 75.30% per year. The lowest was 12.60% per year. And the median was 22.20% per year.

Back to Basics: PB Ratio


Italpinas Development  (PHS:IDC) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Italpinas Development PB Ratio Related Terms


Italpinas Development PB Ratio Historical Data

* Premium members only.

The historical data trend for Italpinas Development's PB Ratio 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.

Italpinas Development PB Ratio Chart

Italpinas Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.50 0.37 0.55 0.32

Italpinas Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 0.44 0.44 0.41 0.32 0.29

PHS:IDC vs CBRE, BEKE, CSGP: PB Ratio Comparison

For the Real Estate Services subindustry, Italpinas Development's PB Ratio, along with its competitors' market caps and PB 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.


Italpinas Development PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Italpinas Development's PB Ratio distribution charts can be found below:

* The bar in red indicates where Italpinas Development's PB Ratio falls into.


PHS:IDC
65GF Score
Italpinas Development Corp PHS:IDC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italpinas Development PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Italpinas Development's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.58/2.726
=0.21

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.21 mean?
Italpinas Development (PHS:IDC) has a PB Ratio of 0.21 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Italpinas Development and its competitors. This is 80% below median its historical median of 1.06. Over the past decade, Italpinas Development's PB Ratio has ranged from 0.21 to 10.14. According to the industry distribution chart, Italpinas Development ranks #174 out of 1711 companies in the Real Estate industry, placing it in the top 10.2%.
Is Italpinas Development's PB Ratio too high?
Italpinas Development's current PB Ratio of 0.21 is 80% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 10.14. The Real Estate industry median PB Ratio is 0.82. Italpinas Development's value of 0.21 is 74.4% below this industry median. Based on the distribution chart, Italpinas Development ranks #174 out of 1711 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Italpinas Development has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Italpinas Development's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Italpinas Development ranks #174 out of 1711 companies for PB Ratio. This places Italpinas Development in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.82. Italpinas Development's value of 0.21 is 74.4% below this benchmark. Historically, Italpinas Development's own PB Ratio has ranged from 0.21 to 10.14 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 0.82, Italpinas Development has consistently been below 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 PB Ratio for a Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,711 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Italpinas Development's current PB Ratio of 0.21 is 74.4% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Italpinas Development and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italpinas Development's current PB Ratio is 0.21, which is 80% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italpinas Development stock overvalued right now?
Based on GuruFocus' analysis, Italpinas Development (PHS:IDC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱1.37, compared to a current price of ₱0.58 — trading 57.7% below its estimated fair value. The current PB Ratio is 0.21, which is 80% below median its 10-year median of 1.06 and 74.4% below the Real Estate industry median of 0.82. Italpinas Development's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Italpinas Development (PHS:IDC), the current PB Ratio is 0.21 as of Jun. 24, 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 Italpinas Development (PHS:IDC) Overvalued in 2026?

Based on GuruFocus' analysis, Italpinas Development stock appears to be undervalued. The current stock price of ₱0.58 is trading 57.7% below its estimated GF Value™ of ₱1.37. GuruFocus considers Italpinas Development to be Possible Value Trap.

Key valuation signals for PHS:IDC:

  • PB Ratio: 0.21 (80% below median its 10-year median of 1.06)
  • GF Value™: ₱1.37 vs. price of ₱0.58 (57.7% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 74.4% below the Real Estate median (#174 of 1711)

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


Italpinas Development Business Description

Address 6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28th Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties. The company is organized into one reportable segment which is the development and sale of real estate. It also has one geographical segment and derives all its revenues from domestic operations.
65GF Score

Get the complete analysis for PHS:IDC

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

₱0.58
Price
₱1.37
GF Value