Filipino (PSEi) Market Analysis & Valuation
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies254
- 7D2.1%
- 3M-0.4%
- 1Y-1.3%
- YTD0.8%
Over the last 7 days, the market has risen 2.1%, driven by gains of 2.6% in the Industrials sector. In the last 12 months, the market has been flat. Looking forward, earnings are forecast to grow by 12% annually.
Market Valuation and Performance
Has the Filipino Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ₱13.0t | ₱12.7t | ₱1.1t | 9.6x | 11.6x | 1x |
| Mon, 25 Mar 2024 | ₱13.4t | ₱12.7t | ₱1.1t | 10x | 12.1x | 1.1x |
| Wed, 21 Feb 2024 | ₱13.4t | ₱12.6t | ₱1.1t | 10x | 12.6x | 1.1x |
| Fri, 19 Jan 2024 | ₱12.9t | ₱12.7t | ₱1.1t | 10.1x | 12.2x | 1x |
| Sun, 17 Dec 2023 | ₱12.7t | ₱12.7t | ₱1.1t | 9.7x | 12x | 1x |
| Tue, 14 Nov 2023 | ₱12.3t | ₱12.6t | ₱1.0t | 10.3x | 12.1x | 1x |
| Thu, 12 Oct 2023 | ₱12.8t | ₱12.7t | ₱1.0t | 10.8x | 12.5x | 1x |
| Sat, 09 Sep 2023 | ₱12.6t | ₱12.6t | ₱1.0t | 10.3x | 12.3x | 1x |
| Mon, 07 Aug 2023 | ₱13.0t | ₱12.8t | ₱984.7b | 11x | 13.2x | 1x |
| Wed, 05 Jul 2023 | ₱13.1t | ₱12.8t | ₱972.5b | 10.7x | 13.4x | 1x |
| Fri, 02 Jun 2023 | ₱12.9t | ₱12.8t | ₱972.8b | 10.4x | 13.3x | 1x |
| Sun, 30 Apr 2023 | ₱13.3t | ₱12.4t | ₱946.9b | 11.5x | 14x | 1.1x |
| Tue, 28 Mar 2023 | ₱13.2t | ₱11.8t | ₱1.0t | 11.2x | 12.9x | 1.1x |
| Thu, 23 Feb 2023 | ₱13.4t | ₱11.6t | ₱1.0t | 11.5x | 13.1x | 1.2x |
| Sat, 21 Jan 2023 | ₱13.7t | ₱11.6t | ₱1.0t | 11.3x | 13.4x | 1.2x |
| Mon, 19 Dec 2022 | ₱12.8t | ₱11.6t | ₱1.0t | 11x | 12.4x | 1.1x |
| Wed, 16 Nov 2022 | ₱12.7t | ₱11.1t | ₱1.0t | 11.4x | 12.1x | 1.1x |
| Fri, 14 Oct 2022 | ₱11.8t | ₱10.7t | ₱966.4b | 11.2x | 12.3x | 1.1x |
| Sun, 11 Sep 2022 | ₱13.1t | ₱10.7t | ₱960.6b | 12.2x | 13.7x | 1.2x |
| Tue, 09 Aug 2022 | ₱12.8t | ₱9.7t | ₱865.8b | 12.1x | 14.8x | 1.3x |
| Thu, 07 Jul 2022 | ₱12.8t | ₱9.6t | ₱844.4b | 12.2x | 15.1x | 1.3x |
| Sat, 04 Jun 2022 | ₱13.3t | ₱9.6t | ₱842.5b | 12x | 15.7x | 1.4x |
| Mon, 02 May 2022 | ₱13.4t | ₱8.9t | ₱734.1b | 12.7x | 18.3x | 1.5x |
| Wed, 30 Mar 2022 | ₱14.0t | ₱8.6t | ₱716.3b | 13.3x | 19.6x | 1.6x |
| Fri, 25 Feb 2022 | ₱14.3t | ₱8.4t | ₱646.1b | 13.6x | 22.1x | 1.7x |
| Sun, 23 Jan 2022 | ₱14.4t | ₱8.4t | ₱644.7b | 13.4x | 22.3x | 1.7x |
| Tue, 21 Dec 2021 | ₱14.2t | ₱8.4t | ₱643.6b | 13x | 22.1x | 1.7x |
| Thu, 18 Nov 2021 | ₱14.5t | ₱8.2t | ₱662.6b | 13.9x | 21.9x | 1.8x |
| Sat, 16 Oct 2021 | ₱14.3t | ₱8.1t | ₱619.2b | 14x | 23x | 1.8x |
| Mon, 13 Sep 2021 | ₱13.6t | ₱8.1t | ₱617.8b | 12.9x | 22.1x | 1.7x |
| Wed, 11 Aug 2021 | ₱12.8t | ₱8.1t | ₱616.0b | 13.1x | 20.7x | 1.6x |
| Sun, 06 Jun 2021 | ₱12.0t | ₱7.4t | ₱438.1b | 16.4x | 27.4x | 1.6x |
Price to Earnings Ratio
26.7x
Current Market PE
- Investors are pessimistic on the Filipino market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 11.6x which is lower than its 3-year average PE of 16.3x.
Past Earnings Growth
- The earnings for Filipino listed companies have grown 37% per year over the last three years.
- Revenues for these companies have grown 20% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Filipino Market?
| PH Market | 2.09% | |
| Utilities | 5.44% | |
| Energy | 4.14% | |
| Healthcare | 3.54% | |
| Telecom | 3.28% | |
| Real Estate | 3.19% | |
| Industrials | 2.57% | |
| Consumer Discretionary | 2.00% | |
| Consumer Staples | 1.50% | |
| Tech | 1.45% | |
| Materials | 0.21% | |
| Financials | -0.97% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 18.7%, which is lower than the prior year's growth of 27.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Staples sector, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 4.2% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| JGS JG Summit Holdings | ₱35.00 | 21.5% +₱46.6b | -31.0% | PE13.6x | Industrials | |
| SMPH SM Prime Holdings | ₱28.35 | 3.8% +₱30.3b | -16.5% | PE20.5x | Real Estate | |
| ALI Ayala Land | ₱28.55 | 5.7% +₱22.6b | 7.1% | PE17.4x | Real Estate | |
| JFC Jollibee Foods | ₱239.00 | 8.5% +₱21.1b | 6.2% | PE32.2x | Consumer Discretionary | |
| MER Manila Electric | ₱368.40 | 5.3% +₱20.7b | 8.7% | PE10.9x | Utilities |
