SM Prime Holdings (PHS:SMPH) Shiller PE Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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PHS:SMPH SM Prime Holdings Inc PHS:SMPH
90 GF Score
Price ₱16.50
GF Value ₱24.92
Valuation Possible Value Trap
! 4 Warning Signs
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What is SM Prime Holdings Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SM Prime Holdings  (PHS:SMPH) 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.


SM Prime Holdings Shiller PE Ratio Related Terms


SM Prime Holdings Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for SM Prime Holdings'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.

SM Prime Holdings Shiller PE Ratio Chart

SM Prime Holdings 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 35.76 34.20 29.01 20.35 17.45

SM Prime Holdings 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 18.52 17.28 17.35 15.17 13.15

SM Prime Holdings Shiller PE Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, SM Prime Holdings'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.


SM Prime Holdings Shiller PE Ratio vs Real Estate Industry

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

* The bar in red indicates where SM Prime Holdings's Shiller PE Ratio falls into.


PHS:SMPH
90GF Score
SM Prime Holdings Inc PHS:SMPH
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SM Prime Holdings 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.

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

For example, SM Prime Holdings'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)
=0.45/333.9520*333.9520
=0.450

Current CPI (Jun. 2026) = 333.9520.

SM Prime Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.168 241.428 0.232
201612 0.220 241.432 0.304
201703 0.229 243.801 0.313
201706 0.270 244.955 0.368
201709 0.196 246.819 0.265
201712 0.261 246.524 0.354
201803 0.263 249.554 0.352
201806 0.313 251.989 0.415
201809 0.236 252.439 0.312
201812 0.303 251.233 0.402
201903 0.305 254.202 0.400
201906 0.364 256.143 0.475
201909 0.288 256.759 0.374
201912 0.364 256.974 0.473
202003 0.288 258.115 0.373
202006 0.073 257.797 0.095
202009 0.137 260.280 0.175
202012 0.126 260.474 0.162
202103 0.224 264.877 0.283
202106 0.179 271.696 0.220
202109 0.138 274.310 0.168
202112 0.214 278.802 0.256
202203 0.257 287.504 0.299
202206 0.232 296.311 0.261
202209 0.274 296.808 0.308
202212 0.280 296.797 0.315
202303 0.327 301.836 0.362
202306 0.347 305.109 0.379
202309 0.370 307.789 0.402
202312 0.343 306.746 0.373
202403 0.363 312.332 0.388
202406 0.402 314.175 0.427
202409 0.409 315.301 0.434
202412 0.407 315.605 0.431
202503 0.404 319.799 0.422
202506 0.444 322.561 0.459
202509 0.443 324.800 0.456
202512 0.403 324.054 0.415
202603 0.405 330.213 0.410
202606 0.450 333.952 0.450

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.

Is SM Prime Holdings (PHS:SMPH) Overvalued in 2026?

Based on GuruFocus' analysis, SM Prime Holdings stock appears to be undervalued. The current stock price of ₱16.50 is trading 33.8% below its estimated GF Value™ of ₱24.92. GuruFocus considers SM Prime Holdings to be Possible Value Trap.

Key valuation signals for PHS:SMPH:

  • Shiller PE Ratio:
  • GF Value™: ₱24.92 vs. price of ₱16.50 (33.8% below fair value)
  • GF Score™: 90/100 with 4 warning signs

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


SM Prime Holdings Business Description

Other Exchanges SPHXF:USA
Address Seashell Lane corner Coral Way, 7th Floor MOA Square, Mall of Asia Complex, Barangay. 76, Zone 10, CBP-1A, Metro Manila, Pasay, PHL, 1300
SM Prime Holdings Inc is an integrated property developer. It is engaged in acquiring and developing real estate, conducting and maintaining commercial shopping centers, and constructing and managing buildings such as condominiums, apartments, hotels, restaurants, stores, and other structures for mixed-use purposes. The company has four business segments, namely, malls, residential, commercial, and integrated property developments and hotels and convention centers. It generates maximum revenue from the Malls segment, which develops, conducts, operates, and maintains the business of commercial shopping centers for rent, amusement centers, or cinema theaters within the compound of the shopping centers.
90GF Score

Get the complete analysis for PHS:SMPH

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

₱16.50
Price
₱24.92
GF Value