The real estate developer, trading under the stock symbol HVN, surged near the daily price ceiling to close at P740 each, a gain of 48 percent.
The stock is still down 68 percent since trading resumed last week after a six-month suspension.
Villar Land, in several regulatory filings, told the stock exchange that it was unaware of any factor that caused its stock price to drop.
The firm resumed trading last Nov. 13, 2025 after submitting delayed financial filings, which showed a significant asset write-down and a collapse in profits compared to its unaudited filing last March.
Based on its closing price on Thursday, Villar Land had a market capitalization of P476.65 billion, which still makes it one of the country’s most valuable real estate firms.
Its price-to-earnings ratio (P/E) remains very high at about 340 times its profit in 2024 but much lower than its P/E ratio of over 1,000 times before the share price corrected. This ratio shows investors how cheap or expensive a stock is relative to the profit it generates.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
