PLDT (PHS:TEL) PB Ratio: 2.01 (As of Jun. 24, 2026) — 23% Below Median


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 PB Ratio?

PLDT PHS:TEL +3.01% 86 PB Ratio is 2.01 as of Jun. 24, 2026, which is 23% below its 10-year median of 2.61. 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. Among 342 Telecommunication Services companies, PLDT ranks worse than 52.63% 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), PLDT's share price is ₱1164.00. PLDT's Book Value per Share for the quarter that ended in Mar. 2026 was ₱580.46. Hence, PLDT's PB Ratio of today is 2.01.

Good Sign:

PLDT Inc stock PB Ratio (=1.95) is close to 5-year low of 1.87.

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

PHS:TEL' s PB Ratio Range Over the Past 10 Years
Min: 1.67   Med: 2.61   Max: 4.21
Current: 2.01

During the past 13 years, PLDT's highest PB Ratio was 4.21. The lowest was 1.67. And the median was 2.61.

PHS:TEL's PB Ratio is ranked worse than
52.63% of 342 companies
in the Telecommunication Services industry
Industry Median: 1.87 vs PHS:TEL: 2.01

During the past 12 months, PLDT's average Book Value Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PLDT was 87.20% per year. The lowest was -52.10% per year. And the median was 1.20% per year.

Back to Basics: PB Ratio


PLDT  (PHS:TEL) 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.


PLDT PB Ratio Related Terms


PLDT PB Ratio Historical Data

* Premium members only.

The historical data trend for PLDT'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.

PLDT PB Ratio Chart

PLDT 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 3.19 2.63 2.64 2.43 2.15

PLDT 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 2.41 2.12 1.98 2.15 2.23

PHS:TEL vs TMUS, VZ, T: PB Ratio Comparison

For the Telecom Services subindustry, PLDT'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.


PLDT PB Ratio vs Telecommunication Services Industry

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

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


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

PLDT 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.

PLDT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1164.00/580.456
=2.01

* 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 2.01 mean?
PLDT (PHS:TEL) has a PB Ratio of 2.01 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 PLDT and its competitors. This is 23% below median its historical median of 2.61. Over the past decade, PLDT's PB Ratio has ranged from 1.67 to 4.21. According to the industry distribution chart, PLDT ranks #180 out of 342 companies in the Telecommunication Services industry, placing it in the top 52.6%.
Is PLDT's PB Ratio too high?
PLDT's current PB Ratio of 2.01 is 23% below median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 4.21. The Telecommunication Services industry median PB Ratio is 1.87. PLDT's value of 2.01 is 7.5% above this industry median. Based on the distribution chart, PLDT ranks #180 out of 342 companies in the Telecommunication Services industry, which is below the industry midpoint. 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 PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PLDT ranks #180 out of 342 companies for PB Ratio. This places PLDT in the lower half of its industry. The industry median PB Ratio is 1.87. PLDT's value of 2.01 is 7.5% above this benchmark. Historically, PLDT's own PB Ratio has ranged from 1.67 to 4.21 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 1.87, PLDT 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 PB Ratio for a Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.87, based on 342 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. PLDT's current PB Ratio of 2.01 is 7.5% 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 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 PLDT and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PLDT's current PB Ratio is 2.01, which is 23% below median its own 10-year median of 2.61. 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 PB Ratio is 2.01, which is 23% below median its 10-year median of 2.61 and 7.5% above the Telecommunication Services industry median of 1.87. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For PLDT (PHS:TEL), the current PB Ratio is 2.01 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 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:

  • PB Ratio: 2.01 (23% below median its 10-year median of 2.61)
  • GF Value™: ₱1,346.00 vs. price of ₱1,164.00 (13.5% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 7.5% above the Telecommunication Services median (#180 of 342)

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

PB Ratio 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