Narrative Update • Jul 14
Have your own idea? Try our Stock Screener
Filipino (PSEi) Market Analysis & Valuation
UpdatedJul 16, 2026
DataAggregated Company Financials
Companies251
- 7D-0.2%
- 3M-0.1%
- 1Y-1.7%
- YTD-3.5%
The Information Technology sector gained 8.7% while the market remained flat over the last week. The past year hasn't been profitable, with the market dropping 4.0%. Looking forward, earnings are forecast to grow by 9.4% 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 |
|---|---|---|---|---|---|---|
| Thu, 16 Jul 2026 | ₱12.9t | ₱13.9t | ₱1.4t | 8x | 9.1x | 0.9x |
| Sat, 13 Jun 2026 | ₱12.5t | ₱13.9t | ₱1.4t | 7.8x | 8.7x | 0.9x |
| Mon, 11 May 2026 | ₱12.8t | ₱13.6t | ₱1.4t | 8x | 8.9x | 0.9x |
| Wed, 08 Apr 2026 | ₱12.7t | ₱13.7t | ₱1.4t | 8.1x | 9x | 0.9x |
| Fri, 06 Mar 2026 | ₱13.5t | ₱13.7t | ₱1.4t | 8.3x | 9.8x | 1x |
| Sun, 01 Feb 2026 | ₱13.7t | ₱13.7t | ₱1.3t | 9x | 10.3x | 1x |
| Tue, 30 Dec 2025 | ₱13.3t | ₱13.7t | ₱1.3t | 8.7x | 10x | 1x |
| Thu, 27 Nov 2025 | ₱13.6t | ₱13.7t | ₱1.3t | 8.5x | 10.2x | 1x |
| Sat, 25 Oct 2025 | ₱12.2t | ₱13.6t | ₱1.3t | 8.2x | 9.3x | 0.9x |
| Mon, 22 Sep 2025 | ₱12.7t | ₱13.6t | ₱1.3t | 8.8x | 9.7x | 0.9x |
| Wed, 20 Aug 2025 | ₱12.7t | ₱13.6t | ₱1.3t | 8.8x | 9.6x | 0.9x |
| Fri, 18 Jul 2025 | ₱14.1t | ₱13.6t | ₱1.2t | 9.1x | 11.3x | 1x |
| Sun, 15 Jun 2025 | ₱14.4t | ₱13.6t | ₱1.2t | 9x | 11.5x | 1.1x |
| Tue, 13 May 2025 | ₱14.3t | ₱13.6t | ₱1.2t | 9.1x | 12x | 1x |
| Thu, 10 Apr 2025 | ₱13.6t | ₱13.5t | ₱1.2t | 9x | 11.4x | 1x |
| Sat, 08 Mar 2025 | ₱14.1t | ₱13.5t | ₱1.2t | 9.3x | 11.9x | 1x |
| Mon, 03 Feb 2025 | ₱13.3t | ₱13.4t | ₱1.1t | 9.2x | 11.6x | 1x |
| Wed, 01 Jan 2025 | ₱14.2t | ₱13.4t | ₱1.1t | 9.3x | 12.4x | 1.1x |
| Fri, 29 Nov 2024 | ₱14.2t | ₱13.5t | ₱1.1t | 9.2x | 12.3x | 1.1x |
| Sun, 27 Oct 2024 | ₱15.2t | ₱13.3t | ₱1.1t | 9.8x | 13.8x | 1.1x |
| Tue, 24 Sep 2024 | ₱14.7t | ₱13.3t | ₱1.1t | 9.2x | 13.3x | 1.1x |
| Thu, 22 Aug 2024 | ₱14.0t | ₱13.3t | ₱1.1t | 8.7x | 12.2x | 1.1x |
| Sat, 20 Jul 2024 | ₱13.7t | ₱13.0t | ₱1.1t | 9.5x | 12x | 1.1x |
| Mon, 17 Jun 2024 | ₱13.0t | ₱13.0t | ₱1.1t | 9.5x | 11.4x | 1x |
| Wed, 15 May 2024 | ₱13.1t | ₱12.9t | ₱1.2t | 9.6x | 11.4x | 1x |
| Fri, 12 Apr 2024 | ₱13.2t | ₱12.7t | ₱1.1t | 10x | 11.9x | 1x |
| Sun, 10 Mar 2024 | ₱13.4t | ₱12.7t | ₱1.1t | 10.4x | 12.4x | 1.1x |
| Tue, 06 Feb 2024 | ₱13.1t | ₱12.6t | ₱1.1t | 10.2x | 12.4x | 1x |
| Thu, 04 Jan 2024 | ₱12.9t | ₱12.7t | ₱1.1t | 10.5x | 12.2x | 1x |
| Sat, 02 Dec 2023 | ₱12.4t | ₱12.7t | ₱1.1t | 9.8x | 11.7x | 1x |
| Mon, 30 Oct 2023 | ₱12.1t | ₱12.6t | ₱1.0t | 10.2x | 11.9x | 1x |
| Wed, 27 Sep 2023 | ₱12.5t | ₱12.7t | ₱1.0t | 10.6x | 12.3x | 1x |
| Fri, 25 Aug 2023 | ₱12.6t | ₱12.8t | ₱1.0t | 10.7x | 12.4x | 1x |
| Sun, 23 Jul 2023 | ₱13.3t | ₱12.8t | ₱972.5b | 11.2x | 13.7x | 1x |
Price to Earnings Ratio
13.7x
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 9.0x which is lower than its 3-year average PE of 11.3x.
Past Earnings Growth
- The earnings for Filipino listed companies have grown 14% per year over the last three years.
- Revenues for these companies have grown 2.9% 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 | -0.21% | |
| Healthcare | 5.60% | |
| Industrials | 1.42% | |
| Utilities | 0.21% | |
| Consumer Discretionary | -0.046% | |
| Real Estate | -0.29% | |
| Tech | -0.38% | |
| Telecom | -0.42% | |
| Materials | -0.75% | |
| Financials | -0.79% | |
| Energy | -0.90% | |
| Consumer Staples | -4.11% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth even though it's trading below its 3-year average PE ratio of 37.4x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 23.4% which is higher than its past year's earnings decline of 4.4% per year.
- The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 9.7x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings decline of 4.4% per year.
- In contrast, the Real Estate industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|---|
| ICT International Container Terminal Services | ₱999.00 | 5.2% +₱98.9b | 125.5% | PE30.1x | Industrials | |
| FGEN First Gen | ₱19.80 | 18.6% +₱11.1b | 9.4% | PE5.5x | Utilities | |
| SPNEC SP New Energy | ₱1.51 | 9.4% +₱6.5b | 0% | PS45.7x | Utilities | |
| BLOOM Bloomberry Resorts | ₱2.33 | 23.9% +₱5.2b | -45.4% | PS0.5x | Consumer Discretionary | |
| ALI Ayala Land | ₱15.74 | 1.7% +₱3.7b | -40.3% | PE6x | Real Estate |
