The Philippine Stock ExchangePHS:PSE 77 3-Year ROIIC % is 42.99 as of Dec. 2025, which is 3259% above its 10-year median of 1.28. GuruFocus rates PHS:PSE with a GF Score™ of 77/100 and a GF Value™ of ₱378.67 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 657 Capital Markets companies, The Philippine Stock Exchange ranks better than 84.32% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
The Philippine Stock Exchange's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 42.99%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
PHS:PSE's 3-Year ROIIC % is ranked better than 84.32% of 657
companies
in the Capital Markets industry
Industry Median: 2.85
vs PHS:PSE: 42.99
The Philippine Stock Exchange (PHS:PSE) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
The Philippine Stock Exchange 3-Year ROIIC % Related Terms
The Philippine Stock Exchange 3-Year ROIIC % Historical Data
* 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.
The Philippine Stock Exchange 3-Year ROIIC % Chart
PHS:PSE vs SPGI, CME, MCO: 3-Year ROIIC % Comparison
For the Financial Data & Stock Exchanges subindustry, The Philippine Stock Exchange's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
The Philippine Stock Exchange 3-Year ROIIC % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, The Philippine Stock Exchange's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where The Philippine Stock Exchange's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
The Philippine Stock Exchange (PHS:PSE) has a 3-Year ROIIC % of 42.99 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on The Philippine Stock Exchange and its competitors. This is 3259% above median its historical median of 1.28. According to the industry distribution chart, The Philippine Stock Exchange ranks #103 out of 657 companies in the Capital Markets industry, placing it in the top 15.7%.
Is The Philippine Stock Exchange's 3-Year ROIIC % too high?
The Philippine Stock Exchange's current 3-Year ROIIC % of 42.99 is 3259% above median its 10-year median of 1.28. The Capital Markets industry median 3-Year ROIIC % is 2.85. The Philippine Stock Exchange's value of 42.99 is 1408.4% above this industry median. Based on the distribution chart, The Philippine Stock Exchange ranks #103 out of 657 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, The Philippine Stock Exchange has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Philippine Stock Exchange's 3-Year ROIIC % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, The Philippine Stock Exchange ranks #103 out of 657 companies for 3-Year ROIIC %. This places The Philippine Stock Exchange in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.85. The Philippine Stock Exchange's value of 42.99 is 1408.4% above this benchmark. While the company's 10-year median is 1.28 vs. the industry median of 2.85, The Philippine Stock Exchange 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 3-Year ROIIC % for a Capital Markets company?
The median 3-Year ROIIC % among Capital Markets companies is 2.85, based on 657 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Philippine Stock Exchange's current 3-Year ROIIC % of 42.99 is 1408.4% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on The Philippine Stock Exchange and its competitors. For the Capital Markets industry, the median 3-Year ROIIC % is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Philippine Stock Exchange's current 3-Year ROIIC % is 42.99, which is 3259% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Philippine Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, The Philippine Stock Exchange (PHS:PSE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱378.67, compared to a current price of ₱203.00 — trading 46.4% below its estimated fair value. The current 3-Year ROIIC % is 42.99, which is 3259% above median its 10-year median of 1.28 and 1408.4% above the Capital Markets industry median of 2.85. The Philippine Stock Exchange's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For The Philippine Stock Exchange (PHS:PSE), the current 3-Year ROIIC % is 42.99 as of Dec. 2025. 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 The Philippine Stock Exchange (PHS:PSE) Overvalued in 2026?
Based on GuruFocus' analysis, The Philippine Stock Exchange stock appears to be undervalued.
The current stock price of ₱203.00 is trading 46.4% below its estimated GF Value™ of ₱378.67.
GuruFocus considers The Philippine Stock Exchange to be Significantly Undervalued.
Key valuation signals for PHS:PSE:
3-Year ROIIC %: 42.99 (3259% above median its 10-year median of 1.28)
GF Value™: ₱378.67 vs. price of ₱203.00 (46.4% below fair value)
Industry Position: 1408.4% above the Capital Markets median (#103 of 657)
No single metric tells the full story. See the PHS:PSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Philippine Stock Exchange Business Description
The Philippine Stock Exchange Inc is a Philippines-based stock corporation. The company's business is to provide and maintain a convenient and suitable market for the exchange, purchase, and sale of all types of securities and other instruments. The company's business segments include: Equity, Clearing and Settlement Business; and Depository and Fixed Income Business. It derives maximum revenue from Equity, Clearing and Settlement Business. The sources of revenue also consist of listing-related fees for initial public offerings, annual listing maintenance membership, transactions, data feeds, and miscellaneous fees.
77GF Score
Get the complete analysis for PHS:PSE
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:PSE has been successfully added to your 
