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Philippine EstatesPHS:PHES 47 Price-to-Tangible-Book is 0.41 as of Sep. 06, 2026. GuruFocus rates PHS:PHES with a GF Score™ of 47/100 and a GF Value™ of ₱0.31 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,687 Real Estate companies, Philippine Estates ranks better than 77.83% on this metric.
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.
Philippine Estates Price-to-Tangible-Book Related Terms
Philippine Estates Price-to-Tangible-Book Historical Data
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The historical data trend for Philippine Estates'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:PHES vs CBRE, BEKE, JLL: Price-to-Tangible-Book Comparison
For the Real Estate Services subindustry, Philippine Estates'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.
Philippine Estates Price-to-Tangible-Book vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Philippine Estates's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Philippine Estates'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.
Philippine Estates (PHS:PHES) has a Price-to-Tangible-Book of 0.41 as of Sep. 06, 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 Philippine Estates and its competitors. According to the industry distribution chart, Philippine Estates ranks #374 out of 1687 companies in the Real Estate industry, placing it in the top 22.2%.
Is Philippine Estates' Price-to-Tangible-Book too high?
Philippine Estates' current Price-to-Tangible-Book is 0.41. The Real Estate industry median Price-to-Tangible-Book is 0.84. Philippine Estates' value of 0.41 is 51.2% below this industry median. Based on the distribution chart, Philippine Estates ranks #374 out of 1687 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Philippine Estates has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philippine Estates' Price-to-Tangible-Book compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Philippine Estates ranks #374 out of 1687 companies for Price-to-Tangible-Book. This places Philippine Estates in the top 22% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 0.84. Philippine Estates' value of 0.41 is 51.2% 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 Real Estate company?
The median Price-to-Tangible-Book among Real Estate companies is 0.84, based on 1,687 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. Philippine Estates's current Price-to-Tangible-Book of 0.41 is 51.2% 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 Philippine Estates and its competitors. For the Real Estate industry, the median Price-to-Tangible-Book is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philippine Estates's current Price-to-Tangible-Book is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine Estates stock overvalued right now?
Based on GuruFocus' analysis, Philippine Estates (PHS:PHES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.31, compared to a current price of ₱0.42 — trading 33.9% above its estimated fair value. The current Price-to-Tangible-Book is 0.41 and 51.2% below the Real Estate industry median of 0.84. Philippine Estates' overall GF Score™ is 47/100 with 5 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 Philippine Estates (PHS:PHES), the current Price-to-Tangible-Book is 0.41 as of Sep. 06, 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 Philippine Estates (PHS:PHES) Overvalued in 2026?
Based on GuruFocus' analysis, Philippine Estates stock appears to be overvalued.
The current stock price of ₱0.42 is trading 33.9% above its estimated GF Value™ of ₱0.31.
GuruFocus considers Philippine Estates to be Significantly Overvalued.
Key valuation signals for PHS:PHES:
Price-to-Tangible-Book: 0.41
GF Value™: ₱0.31 vs. price of ₱0.42 (33.9% above fair value)
Industry Position: 51.2% below the Real Estate median (#374 of 1687)
No single metric tells the full story. See the PHS:PHES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Philippine Estates Corp is principally engaged in the business of holding and developing real estate or other properties for industrial, commercial, residential, leisure or sports purposes, and in pursuance thereof, to acquire by purchase, lease or otherwise, real estate and/or appurtenant properties and/or interest therein. The Group classifies business segments based on location of its real property projects as in the following geographical areas: a) Metro Manila: industrial park and condominium projects, b) Bulacan: subdivision, mixed use, c) Other Luzon Areas such as Cavite: subdivision development, d) Cebu: subdivision, mixed use and condominium projects, e) Iloilo: subdivision, mixed use and condominium projects, f) Davao: administrative office. Key revenue is derived from Iloilo.
47GF Score
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