MacroAsia (PHS:MAC) Shiller PE Ratio: 10.38 (As of Jul. 28, 2026) — 66% Below Median

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PHS:MAC MacroAsia Corp PHS:MAC
88 GF Score
Price ₱3.84
GF Value ₱5.71
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is MacroAsia Shiller PE Ratio?

MacroAsia PHS:MAC +1.86% 88 Shiller PE Ratio is 10.38 as of Jul. 28, 2026, which is 66% below its 10-year median of 30.18. GuruFocus rates PHS:MAC with a GF Score™ of 88/100 and a GF Value™ of ₱5.71 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 601 Transportation companies, MacroAsia ranks better than 76.54% on this metric.

As of today (2026-07-28), MacroAsia's current share price is ₱3.84. MacroAsia's E10 for the quarter that ended in Mar. 2026 was ₱0.37. MacroAsia's Shiller PE Ratio for today is 10.38.

The historical rank and industry rank for MacroAsia's Shiller PE Ratio or its related term are showing as below:

PHS:MAC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.19   Med: 30.18   Max: 122.65
Current: 10.25

During the past years, MacroAsia's highest Shiller PE Ratio was 122.65. The lowest was 10.19. And the median was 30.18.

PHS:MAC's Shiller PE Ratio is ranked better than
76.54% of 601 companies
in the Transportation industry
Industry Median: 18.5 vs PHS:MAC: 10.25

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

MacroAsia's adjusted earnings per share data for the three months ended in Mar. 2026 was ₱0.068. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₱0.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MacroAsia  (PHS:MAC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


MacroAsia Shiller PE Ratio Related Terms


MacroAsia Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for MacroAsia's Shiller PE 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.

MacroAsia Shiller PE Ratio Chart

MacroAsia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.98 28.08 17.20 18.13 12.03

MacroAsia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE 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 13.77 11.99 12.54 12.03 11.56

PHS:MAC vs JOBY: Shiller PE Ratio Comparison

For the Airports & Air Services subindustry, MacroAsia's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


MacroAsia Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, MacroAsia's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MacroAsia's Shiller PE Ratio falls into.


PHS:MAC
88GF Score
MacroAsia Corp PHS:MAC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MacroAsia Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

MacroAsia's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3.84/0.37
=10.38

* 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.

MacroAsia's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, MacroAsia's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.068/330.2130*330.2130
=0.068

Current CPI (Mar. 2026) = 330.2130.

MacroAsia Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.058 241.018 0.079
201609 0.058 241.428 0.079
201612 0.033 241.432 0.045
201703 0.147 243.801 0.199
201706 0.186 244.955 0.251
201709 0.175 246.819 0.234
201712 0.068 246.524 0.091
201803 0.150 249.554 0.198
201806 0.159 251.989 0.208
201809 0.133 252.439 0.174
201812 0.150 251.233 0.197
201903 0.108 254.202 0.140
201906 0.189 256.143 0.244
201909 0.160 256.759 0.206
201912 0.131 256.974 0.168
202003 0.010 258.115 0.013
202006 -0.259 257.797 -0.332
202009 -0.140 260.280 -0.178
202012 -0.437 260.474 -0.554
202103 -0.120 264.877 -0.150
202106 -0.153 271.696 -0.186
202109 0.081 274.310 0.098
202112 0.199 278.802 0.236
202203 -0.010 287.504 -0.011
202206 0.049 296.311 0.055
202209 0.103 296.808 0.115
202212 0.100 296.797 0.111
202303 0.080 301.836 0.088
202306 0.070 305.109 0.076
202309 0.150 307.789 0.161
202312 0.145 306.746 0.156
202403 0.140 312.332 0.148
202406 0.228 314.175 0.240
202409 0.150 315.301 0.157
202412 0.074 315.605 0.077
202503 0.166 319.799 0.171
202506 0.193 322.561 0.198
202509 0.181 324.800 0.184
202512 0.219 324.054 0.223
202603 0.068 330.213 0.068

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 10.38 mean?
MacroAsia (PHS:MAC) has a Shiller PE Ratio of 10.38 as of Jul. 28, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on MacroAsia and its competitors. This is 66% below median its historical median of 30.18. Over the past decade, MacroAsia's Shiller PE Ratio has ranged from 10.19 to 122.65. According to the industry distribution chart, MacroAsia ranks #141 out of 601 companies in the Transportation industry, placing it in the top 23.5%.
Is MacroAsia's Shiller PE Ratio too high?
MacroAsia's current Shiller PE Ratio of 10.38 is 66% below median its 10-year median of 30.18. Over the past 10 years, this metric has ranged from a low of 10.19 to a high of 122.65. The Transportation industry median Shiller PE Ratio is 18.50. MacroAsia's value of 10.38 is 43.9% below this industry median. Based on the distribution chart, MacroAsia ranks #141 out of 601 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, MacroAsia has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MacroAsia's Shiller PE Ratio compare to JOBY?
According to the Transportation industry distribution chart, MacroAsia ranks #141 out of 601 companies for Shiller PE Ratio. This places MacroAsia in the top 24% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 18.50. MacroAsia's value of 10.38 is 43.9% below this benchmark. Historically, MacroAsia's own Shiller PE Ratio has ranged from 10.19 to 122.65 over the past decade. While the company's 10-year median is 30.18 vs. the industry median of 18.50, MacroAsia has consistently been below 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 Shiller PE Ratio for a Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.50, based on 601 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MacroAsia's current Shiller PE Ratio of 10.38 is 43.9% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on MacroAsia and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MacroAsia's current Shiller PE Ratio is 10.38, which is 66% below median its own 10-year median of 30.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MacroAsia stock overvalued right now?
Based on GuruFocus' analysis, MacroAsia (PHS:MAC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱5.71, compared to a current price of ₱3.84 — trading 32.7% below its estimated fair value. The current Shiller PE Ratio is 10.38, which is 66% below median its 10-year median of 30.18 and 43.9% below the Transportation industry median of 18.50. MacroAsia's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For MacroAsia (PHS:MAC), the current Shiller PE Ratio is 10.38 as of Jul. 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 MacroAsia (PHS:MAC) Overvalued in 2026?

Based on GuruFocus' analysis, MacroAsia stock appears to be undervalued. The current stock price of ₱3.84 is trading 32.7% below its estimated GF Value™ of ₱5.71. GuruFocus considers MacroAsia to be Significantly Undervalued.

Key valuation signals for PHS:MAC:

  • Shiller PE Ratio: 10.38 (66% below median its 10-year median of 30.18)
  • GF Value™: ₱5.71 vs. price of ₱3.84 (32.7% below fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 43.9% below the Transportation median (#141 of 601)

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


MacroAsia Business Description

Address 112 Aguirre Street, 7th Floor, Ricogen Building, Legazpi Village, Makati City, PHL, 1229
MacroAsia Corp engages in providing aviation-support business at the engaged in aviation-support businesses at the Ninoy Aquino International Airport (NAIA), Manila Domestic Airport (MDA), Mactan-Cebu International Airport (MCIA), Kalibo International Airport (KIA), Davao International Airport, Tuguegarao Airport and the General Aviation Area. Its segments are In-flight and other catering segment which generates key revenue, Ground handling and aviation segment, administrative segment, Mining segment, Water treatment and distribution segment, ICT services, and Maintenance, repairs, and overhaul segment.
88GF Score

Get the complete analysis for PHS:MAC

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

₱3.84
Price
₱5.71
GF Value