Philippine Estates (PHS:PHES) Quick Ratio: 2.04 (As of Mar. 2026) — Near Median


PHS:PHES Philippine Estates Corp PHS:PHES
46 GF Score
Price ₱0.41
GF Value ₱0.25
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Philippine Estates Quick Ratio?

Philippine Estates PHS:PHES -9.89% 46 Quick Ratio is 2.04 as of Mar. 2026, which is 6% above its 10-year median of 1.93. GuruFocus rates PHS:PHES with a GF Score™ of 46/100 and a GF Value™ of ₱0.25 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,792 Real Estate companies, Philippine Estates ranks better than 78.63% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Philippine Estates's quick ratio for the quarter that ended in Mar. 2026 was 2.04.

Philippine Estates has a quick ratio of 2.04. It generally indicates good short-term financial strength.

The historical rank and industry rank for Philippine Estates's Quick Ratio or its related term are showing as below:

PHS:PHES' s Quick Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.93   Max: 4.21
Current: 2.04

During the past 13 years, Philippine Estates's highest Quick Ratio was 4.21. The lowest was 1.10. And the median was 1.93.

PHS:PHES's Quick Ratio is ranked better than
78.63% of 1792 companies
in the Real Estate industry
Industry Median: 0.84 vs PHS:PHES: 2.04

Philippine Estates  (PHS:PHES) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Philippine Estates Quick Ratio Related Terms


Philippine Estates Quick Ratio Historical Data

* Premium members only.

The historical data trend for Philippine Estates's Quick 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.

Philippine Estates Quick Ratio Chart

Philippine Estates Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.64 2.11 4.21 1.64 2.06

Philippine Estates Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 1.60 1.49 1.67 2.06 2.04

PHS:PHES vs CBRE, BEKE: Quick Ratio Comparison

For the Real Estate Services subindustry, Philippine Estates's Quick Ratio, along with its competitors' market caps and Quick 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.


Philippine Estates Quick Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Philippine Estates's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Philippine Estates's Quick Ratio falls into.


PHS:PHES
46GF Score
Philippine Estates Corp PHS:PHES
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Philippine Estates Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Philippine Estates's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3081.449-1986.121)/531.795
=2.06

Philippine Estates's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(3135.991-1997.193)/557.573
=2.04

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.04 mean?
Philippine Estates (PHS:PHES) has a Quick Ratio of 2.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Philippine Estates and its competitors. This is near median its historical median of 1.93. Over the past decade, Philippine Estates' Quick Ratio has ranged from 1.10 to 4.21. According to the industry distribution chart, Philippine Estates ranks #383 out of 1792 companies in the Real Estate industry, placing it in the top 21.4%.
Is Philippine Estates' Quick Ratio too high?
Philippine Estates' current Quick Ratio of 2.04 is near median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 4.21. The Real Estate industry median Quick Ratio is 0.84. Philippine Estates' value of 2.04 is 142.9% above this industry median. Based on the distribution chart, Philippine Estates ranks #383 out of 1792 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 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philippine Estates' Quick Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Philippine Estates ranks #383 out of 1792 companies for Quick Ratio. This places Philippine Estates in the top 21% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 0.84. Philippine Estates' value of 2.04 is 142.9% above this benchmark. Historically, Philippine Estates' own Quick Ratio has ranged from 1.10 to 4.21 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 0.84, Philippine Estates 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 Quick Ratio for a Real Estate company?
The median Quick Ratio among Real Estate companies is 0.84, based on 1,792 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Philippine Estates's current Quick Ratio of 2.04 is 142.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Philippine Estates and its competitors. For the Real Estate industry, the median Quick Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philippine Estates's current Quick Ratio is 2.04, which is near median its own 10-year median of 1.93. 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 ₱0.25, compared to a current price of ₱0.41 — trading 64% above its estimated fair value. The current Quick Ratio is 2.04, which is near median its 10-year median of 1.93 and 142.9% above the Real Estate industry median of 0.84. Philippine Estates' overall GF Score™ is 46/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Philippine Estates (PHS:PHES), the current Quick Ratio is 2.04 as of Mar. 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 ₱0.41 is trading 64% above its estimated GF Value™ of ₱0.25. GuruFocus considers Philippine Estates to be Significantly Overvalued.

Key valuation signals for PHS:PHES:

  • Quick Ratio: 2.04 (near median its 10-year median of 1.93)
  • GF Value™: ₱0.25 vs. price of ₱0.41 (64% above fair value)
  • GF Score™: 46/100 with 8 warning signs
  • Industry Position: 142.9% above the Real Estate median (#383 of 1792)

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 Business Description

Address Julia Vargas Avenue corner, Meralco Avenue, 35th Floor One Corporate Center, Ortigas Center, Pasig, PHL, 1605
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.
46GF Score

Get the complete analysis for PHS:PHES

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

₱0.41
Price
₱0.25
GF Value