Normal distribution with the same average and spread
FY ended Dec 31, 2025 · figures in In Thousand Php except per-share rows
| Item | Current | Previous |
|---|---|---|
| Current assets | 47,245,522 | 60,684,735 |
| Total assets | 230,620,343 | 213,260,725 |
| Current liabilities | 83,783,545 | 86,888,546 |
| Total liabilities | 185,129,158 | 170,379,378 |
| Retained earnings/(deficit) | 13,447,181 | 2,538,030 |
| Stockholders' equity | 45,491,185 | 42,881,347 |
| Stockholders' equity (parent) | 43,984,246 | 31,647,851 |
| Book value per share | ₱1.75 | ₱1.71 |
| Item | Current | Previous |
|---|---|---|
| Gross revenue | 183,833,022(+3.3%) | 178,005,883 |
| Gross expense | 169,667,334 | 160,042,139 |
| Income/(loss) before tax | 11,320,679 | 9,438,017 |
| Net income/(loss) after tax | 10,065,101(+24.0%) | 8,118,402 |
| Net income/(loss), parent | 9,619,541 | 7,018,667 |
| EPS (basic) | ₱0.36 | ₱0.31 |
| EPS (diluted) | ₱0.36 | ₱0.31 |
PAL Holdings, Inc. (PAL) was originally incorporated on May 10, 1930 as Baguio Gold Mining Company. On September 23, 1996, the Securities and Exchange Commission (SEC) approved the change in the Company's name to Baguio Gold Holdings Corporation and the change in its primary purpose to that of a holding company. On January 19, 2007, the SEC approved another change in corporate name to the present one.
The Company and its subsidiaries are primarily engaged in air transport of passengers and cargo within the Philippines and between the Philippines and several international destinations. The Group operates through its major subsidiaries: Philippine Airlines Inc., the Philippine national flag carrier, and Air Philippines Corporation, a subsidiary under common control that was indirectly acquired through Zuma Holdings Management Corporation in 2017.
In February 2019, ANA Holdings, Inc., the parent company of All Nippon Airways, acquired a 9.5% equity ownership in PAL.
As of December 31, 2024, the Company is 37.99% owned by Buona Sorte Holdings, Inc (BSHI), 33.26% by Trustmark Holdings Corporation (Trustmark), and 28.75% by other shareholders which resulted to BSHI as the ultimate parent of the Company. BSHI and Trustmark are part of the Lucio Tan Group of Companies.
Average % return by calendar month, up to 5 yearsof history. Only a few years back each month, so this is descriptive color, not a predictable “month effect.”
PAL Holdings, Inc. (PSE: PAL) last traded at ₱2.91, down 3.64% on the day, as of Sep 10, 2026. Prices on this page are delayed or end-of-day, not real time.
PAL Holdings, Inc. trades on the Philippine Stock Exchange under the ticker symbol PAL.
PAL is listed in the Services sector of the Philippine Stock Exchange, where it ranks #5 of 62 by market capitalization. Across the whole exchange it is #40 of 282, at ₱81.1B.
PAL has traded between ₱2.10 and ₱3.99 over the past 52 weeks. It is currently 27.1% below that high.
PAL's annualized volatility over the past year is 30.1%, which PSEye classifies as moderate against other PSE-listed stocks. Higher volatility means bigger day-to-day price swings in either direction, not necessarily a worse outcome. See the Analytics panel above for the full risk profile.
PAL trades at a price-to-earnings ratio of 8.1 and a price-to-book of 1.66, based on basic earnings per share from its latest annual filing (fiscal year ended Dec 31, 2025). Annual figures can be up to a year old, so this is not a trailing-twelve-month multiple.
PSEye doesn't label any stock overvalued or undervalued. PAL currently trades at a P/E of 8.1 and a P/B of 1.66, but whether that's cheap or expensive depends on the sector, growth prospects, and what comparable companies trade at, none of which a ratio alone can tell you. For comparison, Services peers with a computable ratio trade at a sector median P/E of 9.4 and a sector median P/B of 0.98 (31 peers). The Sector peers panel above lists 10 similarly-sized Services companies to compare against directly.
PSEye has no cash dividend on record for PAL in roughly the last two years. That is a statement about the corporate actions published on PSE Edge over that window, not a guarantee the company has never paid or will not pay one.
In its latest annual filing (fiscal year ended Dec 31, 2025), PAL's revenue grew 3.3% and net income grew 24.0% versus the prior fiscal year. That's one year-over-year comparison, not a multi-year trend, so check the Balance sheet & income statement panel above for the full figures before drawing a conclusion.
PSEye doesn't rate stocks as good or bad buys. What this page can tell you is factual: where PAL ranks by market cap (#40 of 282 on the exchange), its price history, valuation ratios, dividend record and recent company disclosures, all shown above. Whether that adds up to a good stock depends on your own criteria, and is worth researching beyond any single page, including this one.
PSEye is a data tracker, not a financial advisor, so it can't tell you whether to invest in PAL or any other stock. The price, valuation, dividend and disclosure data on this page is meant to help you do your own research. Consider your own goals, risk tolerance and time horizon, and consult a licensed financial advisor before making an investment decision. If you're weighing a fixed, regular investment instead of a single lump sum, PSEye's DCA calculator shows how that strategy would have performed historically.
To buy PAL shares, open an account with a PSE-accredited stockbroker (most Philippine banks and several standalone brokers offer online trading accounts), fund it, and place a buy order using the ticker symbol PAL. A completed trade typically settles two trading days later (T+2). PSEye doesn't process trades or recommend a specific broker.
Delayed/EOD data, not real-time. Figures are statistics on past closing prices, not a forecast.