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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.
DMCI Holdings Price-to-Tangible-Book Related Terms
DMCI Holdings Price-to-Tangible-Book Historical Data
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The historical data trend for DMCI Holdings'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.
PHS:DMC vs MMM, HON: Price-to-Tangible-Book Comparison
For the Conglomerates subindustry, DMCI Holdings'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.
DMCI Holdings Price-to-Tangible-Book vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, DMCI Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where DMCI Holdings's Price-to-Tangible-Book falls into.
* 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.
DMCI Holdings (PHS:DMC) has a Price-to-Tangible-Book of 0.85 as of Sep. 04, 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 DMCI Holdings and its competitors. According to the industry distribution chart, DMCI Holdings ranks #183 out of 497 companies in the Conglomerates industry, placing it in the top 36.8%.
Is DMCI Holdings' Price-to-Tangible-Book too high?
DMCI Holdings' current Price-to-Tangible-Book is 0.85. The Conglomerates industry median Price-to-Tangible-Book is 1.14. DMCI Holdings' value of 0.85 is 25.4% below this industry median. Based on the distribution chart, DMCI Holdings ranks #183 out of 497 companies in the Conglomerates industry, which is above the industry midpoint. Overall, DMCI Holdings has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DMCI Holdings' Price-to-Tangible-Book compare to MMM and HON?
According to the Conglomerates industry distribution chart, DMCI Holdings ranks #183 out of 497 companies for Price-to-Tangible-Book. This puts DMCI Holdings in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.14. DMCI Holdings' value of 0.85 is 25.4% below this benchmark. 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 a Conglomerates company?
The median Price-to-Tangible-Book among Conglomerates companies is 1.14, based on 497 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. DMCI Holdings's current Price-to-Tangible-Book of 0.85 is 25.4% 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 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 DMCI Holdings and its competitors. For the Conglomerates industry, the median Price-to-Tangible-Book is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DMCI Holdings's current Price-to-Tangible-Book is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DMCI Holdings stock overvalued right now?
Based on GuruFocus' analysis, DMCI Holdings (PHS:DMC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱10.82, compared to a current price of ₱7.75 — trading 28.4% below its estimated fair value. The current Price-to-Tangible-Book is 0.85 and 25.4% below the Conglomerates industry median of 1.14. DMCI Holdings' overall GF Score™ is 63/100 with 3 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 DMCI Holdings (PHS:DMC), the current Price-to-Tangible-Book is 0.85 as of Sep. 04, 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 DMCI Holdings (PHS:DMC) Overvalued in 2026?
Based on GuruFocus' analysis, DMCI Holdings stock appears to be undervalued.
The current stock price of ₱7.75 is trading 28.4% below its estimated GF Value™ of ₱10.82.
GuruFocus considers DMCI Holdings to be Modestly Undervalued.
Key valuation signals for PHS:DMC:
Price-to-Tangible-Book: 0.85
GF Value™: ₱10.82 vs. price of ₱7.75 (28.4% below fair value)
Industry Position: 25.4% below the Conglomerates median (#183 of 497)
No single metric tells the full story. See the PHS:DMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DMCI Holdings Inc is an engineering conglomerate in the Philippines, operating in construction, real estate, coal mining, nickel mining, power generation, and water distribution businesses. The activities of the company include construction-related businesses such as the production and trading of concrete products, exploration, mining, and development of coal resources, mining and selling nickel ore, residential development, power generation through coal-fired power plants and satellite power plants, water services, and others. It organizes its business into operating segments: construction and others, coal mining, nickel mining, real estate, on-grid power, off-grid power, water, and cement manufacturing. It generates the majority of its revenue from the coal mining segment.
63GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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