PLDTPHI +1.13%72 Return-on-Tangible-Equity is 57.23% as of Mar. 2026, which is 13% above its 10-year median of 50.47. GuruFocus rates PHI with a GF Score™ of 72/100 and a GF Value™ of $21.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 326 Telecommunication Services companies, PLDT ranks better than 72.09% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. PLDT's annualized net income for the quarter that ended in Mar. 2026 was $577 Mil. PLDT's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,008 Mil. Therefore, PLDT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 57.23%.
The historical rank and industry rank for PLDT's Return-on-Tangible-Equity or its related term are showing as below:
PHI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 20 Med: 50.47 Max: 66.85
Current: 49.01
During the past 13 years, PLDT's highest Return-on-Tangible-Equity was 66.85%. The lowest was 20.00%. And the median was 50.47%.
PHI's Return-on-Tangible-Equity is ranked better than 72.09% of 326
companies
in the Telecommunication Services industry
Industry Median: 14.005
vs PHI: 49.01
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
PLDT Return-on-Tangible-Equity Related Terms
PLDT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for PLDT's Return-on-Tangible-Equity 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.
PHI vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, PLDT's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
PLDT Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, PLDT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PLDT's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 57.23% mean?
PLDT (PHI) has a Return-on-Tangible-Equity of 57.23% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PLDT and its competitors. This is 13% above median its historical median of 50.47. Over the past decade, PLDT's Return-on-Tangible-Equity has ranged from 20.00 to 66.85. According to the industry distribution chart, PLDT ranks #91 out of 326 companies in the Telecommunication Services industry, placing it in the top 27.9%.
Is PLDT's Return-on-Tangible-Equity too high?
PLDT's current Return-on-Tangible-Equity of 57.23% is 13% above median its 10-year median of 50.47. Over the past 10 years, this metric has ranged from a low of 20.00 to a high of 66.85. The Telecommunication Services industry median Return-on-Tangible-Equity is 14.01. PLDT's value of 57.23% is 308.6% above this industry median. Based on the distribution chart, PLDT ranks #91 out of 326 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, PLDT has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PLDT's Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PLDT ranks #91 out of 326 companies for Return-on-Tangible-Equity. This puts PLDT in the upper half of its industry. The industry median Return-on-Tangible-Equity is 14.01. PLDT's value of 57.23% is 308.6% above this benchmark. Historically, PLDT's own Return-on-Tangible-Equity has ranged from 20.00 to 66.85 over the past decade. While the company's 10-year median is 50.47 vs. the industry median of 14.01, PLDT 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 Return-on-Tangible-Equity for a Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.01, based on 326 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PLDT's current Return-on-Tangible-Equity of 57.23% is 308.6% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on PLDT and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PLDT's current Return-on-Tangible-Equity is 57.23%, which is 13% above median its own 10-year median of 50.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PLDT stock overvalued right now?
Based on GuruFocus' analysis, PLDT (PHI) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.83, compared to a current price of $17.95 — trading 17.8% below its estimated fair value. The current Return-on-Tangible-Equity is 57.23%, which is 13% above median its 10-year median of 50.47 and 308.6% above the Telecommunication Services industry median of 14.01. PLDT's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For PLDT (PHI), the current Return-on-Tangible-Equity is 57.23% 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 PLDT (PHI) Overvalued in 2026?
Based on GuruFocus' analysis, PLDT stock appears to be undervalued.
The current stock price of $17.95 is trading 17.8% below its estimated GF Value™ of $21.83.
GuruFocus considers PLDT to be Modestly Undervalued.
Key valuation signals for PHI:
Return-on-Tangible-Equity: 57.23% (13% above median its 10-year median of 50.47)
GF Value™: $21.83 vs. price of $17.95 (17.8% below fair value)
Industry Position: 308.6% above the Telecommunication Services median (#91 of 326)
No single metric tells the full story. See the PHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PLDT Inc is a telecommunications and digital services provider. The group has three reportable operating segments: Wireless, Fixed Line, and Others. Maximum revenue is generated from its Fixed Line segment, which offers fixed line telecommunications services, servicing retail, corporate, and small and medium-sized enterprises clients. The Fixed Line business segment offers data, voice, and miscellaneous services. It also offers secure data centers, multi-cloud, cybersecurity, data, and artificial intelligence (AI) solutions through different subsidiaries. The Wireless segment generates revenue by offering access to mobile internet via smartphones, mobile broadband using pocket WiFi, or home WiFi using fixed wireless broadband devices. Geographically, the group operates in the Philippines.
72GF Score
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