First Philippine Holdings (PHS:FPH) Price-to-Tangible-Book: 0.31 (As of Aug. 28, 2026)

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PHS:FPH First Philippine Holdings Corp PHS:FPH
51 GF Score
Price ₱100.50
GF Value ₱55.13
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is First Philippine Holdings Price-to-Tangible-Book?

First Philippine Holdings PHS:FPH -5.28% 51 Price-to-Tangible-Book is 0.31 as of Aug. 28, 2026. GuruFocus rates PHS:FPH with a GF Score™ of 51/100 and a GF Value™ of ₱55.13 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 450 Utilities - Regulated companies, First Philippine Holdings ranks better than 95.11% on this metric.

As of today (2026-08-28), First Philippine Holdings's share price is ₱100.50. First Philippine Holdings's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was ₱324.47. Hence, First Philippine Holdings's Price to Tangible Book Ratio of today is 0.31.

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

PHS:FPH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23   Med: 0.53   Max: 1.58
Current: 0.31

During the past 13 years, First Philippine Holdings's highest Price to Tangible Book Ratio was 1.58. The lowest was 0.23. And the median was 0.53.

PHS:FPH's Price-to-Tangible-Book is ranked better than
95.11% of 450 companies
in the Utilities - Regulated industry
Industry Median: 1.7 vs PHS:FPH: 0.31

A closely related ratio is called PB Ratio. As of today, First Philippine Holdings's share price is ₱100.50. First Philippine Holdings's Book Value per Sharefor the quarter that ended in Jun. 2026 was ₱480.87. Hence, First Philippine Holdings's P/B Ratio of today is 0.21.


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.


First Philippine Holdings Price-to-Tangible-Book Related Terms


First Philippine Holdings Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for First Philippine 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.

First Philippine Holdings Price-to-Tangible-Book Chart

First Philippine Holdings 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 0.51 0.34 0.29 0.28 0.25

First Philippine Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.29 0.28 0.25 0.23 0.25

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

For the Utilities - Regulated Electric subindustry, First Philippine 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.


First Philippine Holdings Price-to-Tangible-Book vs Utilities - Regulated Industry

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

* The bar in red indicates where First Philippine Holdings's Price-to-Tangible-Book falls into.


PHS:FPH
51GF Score
First Philippine Holdings Corp PHS:FPH
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Philippine Holdings Price-to-Tangible-Book Calculation

First Philippine Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=100.50/324.473
=0.31

* 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 0.31 mean?
First Philippine Holdings (PHS:FPH) has a Price-to-Tangible-Book of 0.31 as of Aug. 28, 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 First Philippine Holdings and its competitors. According to the industry distribution chart, First Philippine Holdings ranks #22 out of 450 companies in the Utilities - Regulated industry, placing it in the top 4.9%.
Is First Philippine Holdings' Price-to-Tangible-Book too high?
First Philippine Holdings' current Price-to-Tangible-Book is 0.31. The Utilities - Regulated industry median Price-to-Tangible-Book is 1.70. First Philippine Holdings' value of 0.31 is 81.8% below this industry median. Based on the distribution chart, First Philippine Holdings ranks #22 out of 450 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, First Philippine Holdings has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Philippine Holdings' Price-to-Tangible-Book compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, First Philippine Holdings ranks #22 out of 450 companies for Price-to-Tangible-Book. This places First Philippine Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.70. First Philippine Holdings' value of 0.31 is 81.8% 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 an Utilities - Regulated company?
The median Price-to-Tangible-Book among Utilities - Regulated companies is 1.70, based on 450 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. First Philippine Holdings's current Price-to-Tangible-Book of 0.31 is 81.8% 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 First Philippine Holdings and its competitors. For the Utilities - Regulated industry, the median Price-to-Tangible-Book is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Philippine Holdings's current Price-to-Tangible-Book is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Philippine Holdings stock overvalued right now?
Based on GuruFocus' analysis, First Philippine Holdings (PHS:FPH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱55.13, compared to a current price of ₱100.50 — trading 82.3% above its estimated fair value. The current Price-to-Tangible-Book is 0.31 and 81.8% below the Utilities - Regulated industry median of 1.70. First Philippine Holdings' overall GF Score™ is 51/100 with 12 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 First Philippine Holdings (PHS:FPH), the current Price-to-Tangible-Book is 0.31 as of Aug. 28, 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 First Philippine Holdings (PHS:FPH) Overvalued in 2026?

Based on GuruFocus' analysis, First Philippine Holdings stock appears to be overvalued. The current stock price of ₱100.50 is trading 82.3% above its estimated GF Value™ of ₱55.13. GuruFocus considers First Philippine Holdings to be Significantly Overvalued.

Key valuation signals for PHS:FPH:

  • Price-to-Tangible-Book: 0.31
  • GF Value™: ₱55.13 vs. price of ₱100.50 (82.3% above fair value)
  • GF Score™: 51/100 with 12 warning signs
  • Industry Position: 81.8% below the Utilities - Regulated median (#22 of 450)

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


First Philippine Holdings Business Description

Other Exchanges FPHPC.PFD:Philippines
Address Ortigas Avenue, Rockwell Business Center, 6th Floor, Tower 3, Pasig City, PHL, 1604
First Philippine Holdings Corporation are engaged mainly in, but not limited to, power generation, real estate development, energy solutions, construction and other service industries. The company's segments its activities into Power Generation, Real Estate Development, Energy Solutions, Construction, and other services. The majority of revenue comes from Power Generation segment. The Power generation has one geographical segment. Real Estate Development has presence in National Capital Region, Central Luzon, Southern Luzon, Central Visayas, Western Visayas of which majority of revenue comes from National capital region.
51GF Score

Get the complete analysis for PHS:FPH

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

₱100.50
Price
₱55.13
GF Value