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Filipino (PSEi) Market Analysis & Valuation

UpdatedApr 02, 2026
DataAggregated Company Financials
Companies253
  • 7D-0.08%
  • 3M-3.5%
  • 1Y-10.0%
  • YTD-4.7%

The Information Technology sector gained 10% while the market remained flat over the last week. The past year hasn't been profitable, with the market dropping 10.0%. Looking forward, earnings are forecast to grow by 9.1% annually.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

Has the Filipino Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Apr 2026₱12.8t₱13.8t₱1.4t7.9x9x0.9x
Sat, 28 Feb 2026₱13.9t₱13.7t₱1.4t8.6x10.3x1x
Mon, 26 Jan 2026₱13.7t₱13.7t₱1.3t9x10.3x1x
Wed, 24 Dec 2025₱13.2t₱13.7t₱1.3t8.5x9.9x1x
Fri, 21 Nov 2025₱12.7t₱13.7t₱1.3t8.4x9.5x0.9x
Sun, 19 Oct 2025₱12.5t₱13.6t₱1.3t8.4x9.5x0.9x
Tue, 16 Sep 2025₱12.4t₱13.6t₱1.3t8.4x9.5x0.9x
Thu, 14 Aug 2025₱12.8t₱13.7t₱1.3t9x10.1x0.9x
Sat, 12 Jul 2025₱14.5t₱13.6t₱1.2t9.3x11.6x1.1x
Mon, 09 Jun 2025₱14.3t₱13.6t₱1.2t9.1x11.5x1.1x
Wed, 07 May 2025₱14.2t₱13.6t₱1.2t9.1x12x1x
Fri, 04 Apr 2025₱13.9t₱13.5t₱1.2t9.1x11.7x1x
Sun, 02 Mar 2025₱13.6t₱13.4t₱1.2t9.3x11.6x1x
Tue, 28 Jan 2025₱13.8t₱13.4t₱1.1t9.3x12x1x
Thu, 26 Dec 2024₱14.1t₱13.4t₱1.1t9.2x12.3x1.1x
Sat, 23 Nov 2024₱14.4t₱13.5t₱1.1t9.4x12.5x1.1x
Mon, 21 Oct 2024₱15.5t₱13.3t₱1.1t9.7x14x1.2x
Wed, 18 Sep 2024₱14.5t₱13.3t₱1.1t9.1x13.2x1.1x
Fri, 16 Aug 2024₱13.7t₱13.1t₱1.2t9x11.7x1x
Sun, 14 Jul 2024₱13.5t₱13.0t₱1.1t9.3x11.8x1x
Tue, 11 Jun 2024₱13.2t₱13.0t₱1.1t9.3x11.5x1x
Thu, 09 May 2024₱13.1t₱12.8t₱1.1t9.9x11.6x1x
Sat, 06 Apr 2024₱13.3t₱12.7t₱1.1t10.5x12x1x
Mon, 04 Mar 2024₱13.5t₱12.7t₱1.1t10.2x12.6x1.1x
Wed, 31 Jan 2024₱13.1t₱12.7t₱1.1t10.1x12.3x1x
Fri, 29 Dec 2023₱12.8t₱12.7t₱1.1t10x12.1x1x
Sun, 26 Nov 2023₱12.5t₱12.7t₱1.1t10x11.8x1x
Tue, 24 Oct 2023₱12.3t₱12.6t₱1.0t10x12.2x1x
Thu, 21 Sep 2023₱12.3t₱12.6t₱1.0t10.5x12.1x1x
Sat, 19 Aug 2023₱12.9t₱12.8t₱1.0t10.3x12.6x1x
Mon, 17 Jul 2023₱13.2t₱12.8t₱972.2b11x13.6x1x
Wed, 14 Jun 2023₱13.0t₱12.8t₱972.7b10.6x13.4x1x
Fri, 12 May 2023₱13.3t₱12.5t₱935.1b12.3x14.3x1.1x
Sun, 09 Apr 2023₱13.1t₱12.0t₱921.0b11x14.2x1.1x
Price to Earnings Ratio

14.2x


Total Market Cap: ₱13.1tTotal Earnings: ₱921.0bTotal Revenue: ₱12.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Filipino Market Price to Earnings3Y Average 11.8x202420252026
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 9.0x which is lower than its 3-year average PE of 11.8x.
Past Earnings Growth
  • The earnings for Filipino listed companies have grown 16% per year over the last three years.
  • Revenues for these companies have grown 4.5% 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-0.082%
Tech10.26%
Materials5.75%
Utilities2.01%
Industrials0.71%
Consumer Staples0.18%
Real Estate-0.29%
Healthcare-0.93%
Financials-1.62%
Telecom-2.41%
Energy-3.16%
Consumer Discretionary-4.67%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 9.3x.
    • Analysts are expecting annual earnings growth of 27.6%, which is lower than the prior year's growth of 84.6% per year.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 10.4x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 28% over the next 5 years.
  • However this is lower than its past earnings growth rate of 85% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 2.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
SM SM Investments₱633.002.1%
+₱15.7b		-20.1%PE8.5xIndustrials
AP Aboitiz Power₱45.504.4%
+₱13.7b		17.9%PE16.9xUtilities
AC Ayala₱534.004.1%
+₱13.0b		-9.6%PE5.6xIndustrials
SMPH SM Prime Holdings₱20.202.1%
+₱12.0b		-14.6%PE11.9xReal Estate
JGS JG Summit Holdings₱28.056.0%
+₱12.0b		66.6%PE5.8xIndustrials
See more

Market Insights

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Latest News

AP
₱45.50
Aboitiz Power
7D
4.4%
1Y
17.9%

AP: Dividend Resilience And Green Energy Expansion Will Support Bullish Outlook

Analysts have maintained their ₱55.86 price target for Aboitiz Power, noting slightly revised assumptions for the discount rate, revenue growth, profit margin, and future P/E to align with their latest view of the company’s risk and earnings profile. What's in the News The Board has set a meeting for March 24, 2026 to update the Environmental, Social, and Corporate Governance Committee charter; rename it as the Board Corporate Governance and Sustainability Committee; and revise the Related Party Transaction Committee charter, including its structure, membership, and duties (Board Meeting).
PLUS
₱15.60
DigiPlus Interactive
7D
-12.6%
1Y
-58.1%
JGS
₱28.05
JG Summit Holdings
7D
6.0%
1Y
66.6%
AGI
₱9.29
Alliance Global Group
7D
10.2%
1Y
50.3%

AGI: Fair Outlook Will Balance Index Removal With Steady Earnings Assumptions

Analysts have maintained their ₱9.00 price target on Alliance Global Group, with slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E to reflect updated views on the company’s risk profile and earnings trajectory. What's in the News Alliance Global Group Inc.
BDO
₱119.00
BDO Unibank
7D
-2.5%
1Y
-24.0%
ALI
₱17.00
Ayala Land
7D
-5.5%
1Y
-28.9%

ALI: Planned Debt Raise And Dividends Will Support Future Upside

Analysts kept their fair value estimate for Ayala Land steady at ₱32.05, with a slightly higher discount rate and a modestly higher assumed future P/E multiple shaping the latest price target update. What's in the News The Board plans to seek approval to raise up to ₱40 billion via retail bonds, corporate notes, listings on the Philippine Dealing and Exchange Corporation, and/or bilateral term loans, mainly for debt refinancing and partial funding of general corporate needs, with a tenor of up to 10 years (Board meeting agenda, Feb 20, 2026).
AC
₱534.00
Ayala
7D
4.1%
1Y
-9.6%
ICT
₱695.00
International Container Terminal Services
7D
-1.3%
1Y
92.2%
ACEN
₱2.96
Acen
7D
6.9%
1Y
-1.0%
SM
₱633.00
SM Investments
7D
2.1%
1Y
-20.1%
CNPF
₱33.50
Century Pacific Food
7D
-8.6%
1Y
-6.2%
CBC
₱62.00
China Banking
7D
-4.8%
1Y
-33.3%
SMPH
₱20.20
SM Prime Holdings
7D
2.1%
1Y
-14.6%
MBT
₱63.00
Metropolitan Bank & Trust
7D
-7.1%
1Y
-15.5%
BCOR
₱8.50
Berjaya Philippines
7D
40.3%
1Y
25.0%
VLC
₱422.00
Villar Land Holdings
7D
-10.2%
1Y
-82.0%