Aboitiz Power (PHS:AP) Price-to-Tangible-Book: 1.93 (As of Aug. 07, 2026) — 15% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PHS:AP Aboitiz Power Corp PHS:AP
92 GF Score
Price ₱43.50
GF Value ₱38.30
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Aboitiz Power Price-to-Tangible-Book?

Aboitiz Power PHS:AP -1.81% 92 Price-to-Tangible-Book is 1.93 as of Aug. 07, 2026, which is 15% below its 10-year median of 2.26. GuruFocus rates PHS:AP with a GF Score™ of 92/100 and a GF Value™ of ₱38.30 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 458 Utilities - Regulated companies, Aboitiz Power ranks worse than 55.9% on this metric.

As of today (2026-08-07), Aboitiz Power's share price is ₱43.50. Aboitiz Power's Tangible Book per Share of Mar. 2026 for the quarter that ended in Mar. 2026 was ₱22.56. Hence, Aboitiz Power's Price to Tangible Book Ratio of today is 1.93.

The historical rank and industry rank for Aboitiz Power's Price-to-Tangible-Book or its related term are showing as below:

PHS:AP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.79   Med: 2.26   Max: 5.25
Current: 1.86

During the past 13 years, Aboitiz Power's highest Price to Tangible Book Ratio was 5.25. The lowest was 1.79. And the median was 2.26.

PHS:AP's Price-to-Tangible-Book is ranked worse than
55.9% of 458 companies
in the Utilities - Regulated industry
Industry Median: 1.71 vs PHS:AP: 1.86

A closely related ratio is called PB Ratio. As of today, Aboitiz Power's share price is ₱43.50. Aboitiz Power's Book Value per Sharefor the quarter that ended in Mar. 2026 was ₱27.11. Hence, Aboitiz Power's P/B Ratio of today is 1.60.


Be Aware

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


Aboitiz Power Price-to-Tangible-Book Related Terms


Aboitiz Power Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Aboitiz Power's Price-to-Tangible-Book 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.

Aboitiz Power Price-to-Tangible-Book Chart

Aboitiz Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 2.10 2.09 1.79 1.88

Aboitiz Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Price-to-Tangible-Book 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 2.00 2.02 1.88 1.88 0.00

PHS:AP vs NEE, SO, DUK: Price-to-Tangible-Book Comparison

For the Utilities - Regulated Electric subindustry, Aboitiz Power's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Aboitiz Power Price-to-Tangible-Book vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Aboitiz Power's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Aboitiz Power's Price-to-Tangible-Book falls into.


PHS:AP
92GF Score
Aboitiz Power Corp PHS:AP
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aboitiz Power Price-to-Tangible-Book Calculation

Aboitiz Power's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2026 )
=43.50/22.562
=1.93

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

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 1.93 mean?
Aboitiz Power (PHS:AP) has a Price-to-Tangible-Book of 1.93 as of Aug. 07, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Aboitiz Power and its competitors. This is 15% below median its historical median of 2.26. Over the past decade, Aboitiz Power's Price-to-Tangible-Book has ranged from 1.79 to 5.25. According to the industry distribution chart, Aboitiz Power ranks #256 out of 458 companies in the Utilities - Regulated industry, placing it in the top 55.9%.
Is Aboitiz Power's Price-to-Tangible-Book too high?
Aboitiz Power's current Price-to-Tangible-Book of 1.93 is 15% below median its 10-year median of 2.26. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 5.25. The Utilities - Regulated industry median Price-to-Tangible-Book is 1.71. Aboitiz Power's value of 1.93 is 12.9% above this industry median. Based on the distribution chart, Aboitiz Power ranks #256 out of 458 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Aboitiz Power has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aboitiz Power's Price-to-Tangible-Book compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Aboitiz Power ranks #256 out of 458 companies for Price-to-Tangible-Book. This places Aboitiz Power in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.71. Aboitiz Power's value of 1.93 is 12.9% above this benchmark. Historically, Aboitiz Power's own Price-to-Tangible-Book has ranged from 1.79 to 5.25 over the past decade. While the company's 10-year median is 2.26 vs. the industry median of 1.71, Aboitiz Power 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 Price-to-Tangible-Book for an Utilities - Regulated company?
The median Price-to-Tangible-Book among Utilities - Regulated companies is 1.71, based on 458 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aboitiz Power's current Price-to-Tangible-Book of 1.93 is 12.9% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Aboitiz Power and its competitors. For the Utilities - Regulated industry, the median Price-to-Tangible-Book is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aboitiz Power's current Price-to-Tangible-Book is 1.93, which is 15% below median its own 10-year median of 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aboitiz Power stock overvalued right now?
Based on GuruFocus' analysis, Aboitiz Power (PHS:AP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱38.30, compared to a current price of ₱43.50 — trading 13.6% above its estimated fair value. The current Price-to-Tangible-Book is 1.93, which is 15% below median its 10-year median of 2.26 and 12.9% above the Utilities - Regulated industry median of 1.71. Aboitiz Power's overall GF Score™ is 92/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Aboitiz Power (PHS:AP), the current Price-to-Tangible-Book is 1.93 as of Aug. 07, 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 Aboitiz Power (PHS:AP) Overvalued in 2026?

Based on GuruFocus' analysis, Aboitiz Power stock appears to be overvalued. The current stock price of ₱43.50 is trading 13.6% above its estimated GF Value™ of ₱38.30. GuruFocus considers Aboitiz Power to be Modestly Overvalued.

Key valuation signals for PHS:AP:

  • Price-to-Tangible-Book: 1.93 (15% below median its 10-year median of 2.26)
  • GF Value™: ₱38.30 vs. price of ₱43.50 (13.6% above fair value)
  • GF Score™: 92/100 with 10 warning signs
  • Industry Position: 12.9% above the Utilities - Regulated median (#256 of 458)

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


Aboitiz Power Business Description

Other Exchanges ABZPY:USA
Address Makati Avenue, 11 Floor & 12 Floor Ayala Triangle Gardens, Tower 2, Paseo De Roxas corner, NCR Second District, Bel-Air, Makati, PHL, 1209
Aboitiz Power Corp is an electric utility company operating in the Philippines of which Aboitiz Equity Ventures is the majority shareholder. Through its subsidiaries, Aboitiz Power generates and distributes electricity. The company controls a portfolio of geothermal, hydroelectric, solar, wind, oil-fired, and coal-fired power plants. The company's sites, meanwhile, are mainly hydroelectric. The vast majority of the company's income is derived from its power generation business. Almost all sales are made through bilateral contracts with private utilities, the country's state-owned power provider, and industrial and commercial customers.
92GF Score

Get the complete analysis for PHS:AP

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱43.50
Price
₱38.30
GF Value