Manila Electric Co (PHS:MER) PEG Ratio: 0.59 (As of Jun. 26, 2026) — 82% Below Median


PHS:MER Manila Electric Co PHS:MER
94 GF Score
Price ₱576.00
GF Value ₱528.39
Valuation Fairly Valued
! 9 Warning Signs
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What is Manila Electric Co PEG Ratio?

Manila Electric Co PHS:MER +0.35% 94 PEG Ratio is 0.59 as of Jun. 26, 2026, which is 82% below its 10-year median of 3.34. GuruFocus rates PHS:MER with a GF Score™ of 94/100 and a GF Value™ of ₱528.39 (Fairly Valued). The stock has 9 warning signs investors should review. Among 299 Utilities - Regulated companies, Manila Electric Co ranks better than 81.94% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Manila Electric Co's PE Ratio without NRI is 12.46. Manila Electric Co's 5-Year EBITDA growth rate is 21.20%. Therefore, Manila Electric Co's PEG Ratio for today is 0.59.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Manila Electric Co's PEG Ratio or its related term are showing as below:

PHS:MER' s PEG Ratio Range Over the Past 10 Years
Min: 0.57   Med: 3.34   Max: 8.29
Current: 0.59


During the past 13 years, Manila Electric Co's highest PEG Ratio was 8.29. The lowest was 0.57. And the median was 3.34.


PHS:MER's PEG Ratio is ranked better than
81.94% of 299 companies
in the Utilities - Regulated industry
Industry Median: 1.73 vs PHS:MER: 0.59

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Manila Electric Co  (PHS:MER) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Manila Electric Co PEG Ratio Related Terms


Manila Electric Co PEG Ratio Historical Data

* Premium members only.

The historical data trend for Manila Electric Co's PEG 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.

Manila Electric Co PEG Ratio Chart

Manila Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.40 1.98 0.99 0.62 0.64

Manila Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG 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 0.60 0.60 0.58 0.64 0.75

PHS:MER vs NEE, SO, DUK: PEG Ratio Comparison

For the Utilities - Regulated Electric subindustry, Manila Electric Co's PEG Ratio, along with its competitors' market caps and PEG 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.


Manila Electric Co PEG Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Manila Electric Co's PEG Ratio falls into.


PHS:MER
94GF Score
Manila Electric Co PHS:MER
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manila Electric Co PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Manila Electric Co's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=12.460250502953/21.20
=0.59

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 0.59 mean?
Manila Electric Co (PHS:MER) has a PEG Ratio of 0.59 as of Jun. 26, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Manila Electric Co and its competitors. This is 82% below median its historical median of 3.34. Over the past decade, Manila Electric Co's PEG Ratio has ranged from 0.57 to 8.29. According to the industry distribution chart, Manila Electric Co ranks #54 out of 299 companies in the Utilities - Regulated industry, placing it in the top 18.1%.
Is Manila Electric Co's PEG Ratio too high?
Manila Electric Co's current PEG Ratio of 0.59 is 82% below median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 8.29. The Utilities - Regulated industry median PEG Ratio is 1.73. Manila Electric Co's value of 0.59 is 65.9% below this industry median. Based on the distribution chart, Manila Electric Co ranks #54 out of 299 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Manila Electric Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's PEG Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Manila Electric Co ranks #54 out of 299 companies for PEG Ratio. This places Manila Electric Co in the top 18% of its industry — outperforming the majority of peers. The industry median PEG Ratio is 1.73. Manila Electric Co's value of 0.59 is 65.9% below this benchmark. Historically, Manila Electric Co's own PEG Ratio has ranged from 0.57 to 8.29 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 1.73, Manila Electric Co 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 PEG Ratio for an Utilities - Regulated company?
The median PEG Ratio among Utilities - Regulated companies is 1.73, based on 299 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Electric Co's current PEG Ratio of 0.59 is 65.9% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Manila Electric Co and its competitors. For the Utilities - Regulated industry, the median PEG Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Electric Co's current PEG Ratio is 0.59, which is 82% below median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Electric Co (PHS:MER) is currently considered Fairly Valued. The stock's GF Value™ is ₱528.39, compared to a current price of ₱576.00 — trading 9% above its estimated fair value. The current PEG Ratio is 0.59, which is 82% below median its 10-year median of 3.34 and 65.9% below the Utilities - Regulated industry median of 1.73. Manila Electric Co's overall GF Score™ is 94/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Manila Electric Co (PHS:MER), the current PEG Ratio is 0.59 as of Jun. 26, 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 Manila Electric Co (PHS:MER) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Electric Co stock appears to be overvalued. The current stock price of ₱576.00 is trading 9% above its estimated GF Value™ of ₱528.39. GuruFocus considers Manila Electric Co to be Fairly Valued.

Key valuation signals for PHS:MER:

  • PEG Ratio: 0.59 (82% below median its 10-year median of 3.34)
  • GF Value™: ₱528.39 vs. price of ₱576.00 (9% above fair value)
  • GF Score™: 94/100 with 9 warning signs
  • Industry Position: 65.9% below the Utilities - Regulated median (#54 of 299)

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


Manila Electric Co Business Description

Other Exchanges MERVF:USAMAEOY:USA
Address Ortigas Avenue, Lopez Building, Barangay Ugong, Pasig, PHL, 1605
Manila Electric Co is an electric utility company operating in the Philippines. Along with its subsidiaries, it is mainly engaged in the distribution and sale of electric energy through the distribution network facilities in its franchise area. The company's market is categorized into four classes, namely, residential, commercial, industrial, and streetlights. Additionally, it is involved in certain unregulated activities, which consist of power generation; retail electricity supply (RES); energy infrastructure, payment fulfilment, bills collection, after-the-meter and energy management, telecommunications services, insurance and re-insurance, and other businesses. The group's reportable segments are: Power and Other Services. The majority of its revenue is derived from the Power segment.
94GF Score

Get the complete analysis for PHS:MER

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

₱576.00
Price
₱528.39
GF Value