LIST: Top 10 Most Expensive Stocks in the PSE

James Ryan Jonas

The Philippine stock market is, literally, a market where you can buy and sell products, specifically shares of ownership in a company.

Just like any market, there are cheap and expensive products available for sale. In the case of the Philippine Stock Exchange (PSE), we want to know: which stocks are the most expensive?

Which ones are the priciest, costing thousands of pesos per share? How about the cheapest stocks?

We compiled PSE data to find out the answer. The results are summarized below.

Top 10 Most Expensive Stocks in the PSE

CompanyStock CodeClosing Price (in PHP), as of July 17, 2017
1Globe TelecomGLO2,032.00
3Sun Life FinancialSLF1,600.00
4DMCI Holdings PreferredDMCP1,400.00
5GT Capital HoldingsGTCAP1,207.00
6Petron Corp. - Perpetual Pref. Series 2BPRF2B1,100.00
7Petron Corp. - Perpetual Pref. Series 2APRF2A1,036.00
8GT Capital Non-Voting Perpetual Pref "B"GTPPB1,018.00
9San Miguel Pure Foods Perpetual Pref. 2PFP21,015.00
10San Miguel Pure Foods PreferredPFP1,011.00

We can see that two telcos dominate the list: Globe Telecom and PLDT.

Interestingly, though, it was PLDT (TEL) that has been the priciest stock ever since, but in recent years, Globe Telecom (GLO) has overtaken the top spot, primarily due to PLDT’s bleak financial performance.

Preferred shares also comprise majority of the Top 10 Expensive Stocks list. What are “Preferred Shares”? Preferred Shares, like “common shares”, are also shares of ownership in a company but they possess the properties of both debt and equity.

With its debt component, preferred shares provide investors with fixed, regular dividends. The equity component, meanwhile, gives investors rights typically accorded to part-owners of the company.

Learn more about Preferred Stocks here: Should I invest in Preferred Stocks?

Now, let’s see other expensive stocks currently being traded in the PSE.

Other Expensive Stocks in the PSE

CompanyStock CodeClosing Price (in PHP), as of July 17, 2017
11GT Capital Non-Voting Perpetual Pref "A"GTPPA 1,005.00
12Far Eastern University, Inc.FEU970.00
13Manulife Financial CorporationMFC875.00
14Ayala CorporationAC867.00
15Allied Banking Corporation Pref. "A"ABC850.00
16SM Investments CorporationSM795.50
17Globe Telecom, Inc. - Perpetual Pref.GLOPP516.50
18Ayala Corp. Class "B" Series 1 Pref.ACPB1516.00
19Ayala Corp. Class "B" Series 2 Pref.ACPB2515.00
20First Phil. Holdings Corp. Series C PrefFPHPC510.00
21Ayala Corporation Preferred Class "A"ACPA500.00
22San Miguel Pure Foods Company Inc.PF305.00
23Top Frontier Investment Holdings, Inc.TFHI303.80
24Manila Electric CompanyMER274.00
25The Philippine Stock Exchange, Inc.PSE248.00
26Security Bank CorporationSECB221.40
27Jollibee Foods CorporationJFC215.20
28Bogo Medellin Milling CompanyBMM189.00
29Chemical Industries of the Phils.CIP179.00
30Synergy Grid and Dev't Phils., Inc.SGP174.00

And in case you’re interested, here are the “cheapest” stocks being traded in the PSE. Cheap here doesn’t mean “undervalued” stocks but cheap, in the literal sense that they’re relatively bottom-priced.

Guess what, some of these stocks are being bought and sold for less than one centavo!

They’re the counterpart of so-called “penny stocks” in the U.S.

Top 10 Cheapest Stocks in the PSE

CompanyStock CodeClosing Price (in PHP), as of July 17, 2017
1Abra Mining and Industrial Corp.AR0.0031
2United Paragon Mining CorporationUPM0.0085
3IP E-Game Ventures Inc.EG0.0094
4Oriental Pet. and Minerals Corp. "A"OPM0.010
5Oriental Pet. and Minerals Corp. "B" OPMB0.010
6Manila Mining Corporation "A"MA0.011
7Manila Mining Corporation "B"MAB0.012
8The Philodrill CorporationOV0.013
9Apollo Global Capital, Inc.APL0.042
10Pacifica, Inc.PA0.051

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James Ryan Jonas teaches business management, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.2 Billion ($56.4 Million) worth of retirement funds on behalf of thousands of UP employees.