Philippine Estates (PHS:PHES) Shiller PE Ratio: 9.63 (As of Aug. 20, 2026) — 26% Below Median

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PHS:PHES Philippine Estates Corp PHS:PHES
44 GF Score
Price ₱0.39
GF Value ₱0.31
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Philippine Estates Shiller PE Ratio?

Philippine Estates PHS:PHES -8.33% 44 Shiller PE Ratio is 9.63 as of Aug. 20, 2026, which is 26% below its 10-year median of 13.00. GuruFocus rates PHS:PHES with a GF Score™ of 44/100 and a GF Value™ of ₱0.31 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,038 Real Estate companies, Philippine Estates ranks better than 56.45% on this metric.

As of today (2026-08-20), Philippine Estates's current share price is ₱0.385. Philippine Estates's E10 for the quarter that ended in Jun. 2026 was ₱0.04. Philippine Estates's Shiller PE Ratio for today is 9.63.

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

PHS:PHES' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6   Med: 13   Max: 79
Current: 10.15

During the past years, Philippine Estates's highest Shiller PE Ratio was 79.00. The lowest was 6.00. And the median was 13.00.

PHS:PHES's Shiller PE Ratio is ranked better than
56.45% of 1038 companies
in the Real Estate industry
Industry Median: 11.68 vs PHS:PHES: 10.15

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.

Philippine Estates's adjusted earnings per share data for the three months ended in Jun. 2026 was ₱0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₱0.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philippine Estates  (PHS:PHES) 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.


Philippine Estates Shiller PE Ratio Related Terms


Philippine Estates Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Philippine Estates'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.

Philippine Estates Shiller PE Ratio Chart

Philippine Estates 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 45.27 29.90 19.87 13.54 10.32

Philippine Estates Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 10.32 0.00 10.75

PHS:PHES vs CBRE, BEKE, JLL: Shiller PE Ratio Comparison

For the Real Estate Services subindustry, Philippine Estates'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.


Philippine Estates Shiller PE Ratio vs Real Estate Industry

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

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


PHS:PHES
44GF Score
Philippine Estates Corp PHS:PHES
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Philippine Estates 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.

Philippine Estates's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=0.385/0.04
=9.63

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.03/333.9520*333.9520
=0.030

Current CPI (Jun. 2026) = 333.9520.

Philippine Estates Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.006 241.428 -0.008
201612 0.018 241.432 0.025
201703 0.001 243.801 0.001
201706 0.000 244.955 0.000
201709 0.010 246.819 0.014
201712 0.002 246.524 0.003
201803 0.003 249.554 0.004
201806 0.000 251.989 0.000
201809 -0.002 252.439 -0.003
201812 0.011 251.233 0.015
201903 0.000 254.202 0.000
201906 0.003 256.143 0.004
201909 0.000 256.759 0.000
201912 -0.005 256.974 -0.006
202003 -0.002 258.115 -0.003
202006 0.002 257.797 0.003
202009 0.000 260.280 0.000
202012 0.024 260.474 0.031
202103 0.001 264.877 0.001
202106 0.000 271.696 0.000
202109 0.000 274.310 0.000
202112 0.015 278.802 0.018
202203 0.000 287.504 0.000
202206 0.000 296.311 0.000
202209 0.000 296.808 0.000
202212 0.009 296.797 0.010
202303 0.001 301.836 0.001
202306 0.010 305.109 0.011
202309 0.003 307.789 0.003
202312 0.010 306.746 0.011
202403 0.000 312.332 0.000
202406 0.000 314.175 0.000
202409 0.010 315.301 0.011
202412 0.009 315.605 0.010
202503 0.110 319.799 0.115
202506 0.000 322.561 0.000
202509 0.000 324.800 0.000
202512 -0.039 324.054 -0.040
202603 0.000 330.213 0.000
202606 0.030 333.952 0.030

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 9.63 mean?
Philippine Estates (PHS:PHES) has a Shiller PE Ratio of 9.63 as of Aug. 20, 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 Philippine Estates and its competitors. This is 26% below median its historical median of 13.00. Over the past decade, Philippine Estates' Shiller PE Ratio has ranged from 6.00 to 79.00. According to the industry distribution chart, Philippine Estates ranks #452 out of 1038 companies in the Real Estate industry, placing it in the top 43.5%.
Is Philippine Estates' Shiller PE Ratio too high?
Philippine Estates' current Shiller PE Ratio of 9.63 is 26% below median its 10-year median of 13.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 79.00. The Real Estate industry median Shiller PE Ratio is 11.68. Philippine Estates' value of 9.63 is 17.6% below this industry median. Based on the distribution chart, Philippine Estates ranks #452 out of 1038 companies in the Real Estate industry, which is above the industry midpoint. Overall, Philippine Estates has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philippine Estates' Shiller PE Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Philippine Estates ranks #452 out of 1038 companies for Shiller PE Ratio. This puts Philippine Estates in the upper half of its industry. The industry median Shiller PE Ratio is 11.68. Philippine Estates' value of 9.63 is 17.6% below this benchmark. Historically, Philippine Estates' own Shiller PE Ratio has ranged from 6.00 to 79.00 over the past decade. While the company's 10-year median is 13.00 vs. the industry median of 11.68, Philippine Estates 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 Real Estate company?
The median Shiller PE Ratio among Real Estate companies is 11.68, based on 1,038 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. Philippine Estates's current Shiller PE Ratio of 9.63 is 17.6% 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 Philippine Estates and its competitors. For the Real Estate industry, the median Shiller PE Ratio is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philippine Estates's current Shiller PE Ratio is 9.63, which is 26% below median its own 10-year median of 13.00. 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 Modestly Overvalued. The stock's GF Value™ is ₱0.31, compared to a current price of ₱0.39 — trading 24.2% above its estimated fair value. The current Shiller PE Ratio is 9.63, which is 26% below median its 10-year median of 13.00 and 17.6% below the Real Estate industry median of 11.68. Philippine Estates' overall GF Score™ is 44/100 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 Philippine Estates (PHS:PHES), the current Shiller PE Ratio is 9.63 as of Aug. 20, 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 ₱0.39 is trading 24.2% above its estimated GF Value™ of ₱0.31. GuruFocus considers Philippine Estates to be Modestly Overvalued.

Key valuation signals for PHS:PHES:

  • Shiller PE Ratio: 9.63 (26% below median its 10-year median of 13.00)
  • GF Value™: ₱0.31 vs. price of ₱0.39 (24.2% above fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 17.6% below the Real Estate median (#452 of 1038)

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.
44GF Score

Get the complete analysis for PHS:PHES

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

₱0.39
Price
₱0.31
GF Value