# PSE Composite Index

The PSE Composite Index, or the PSEi (previously PHISIX), is a stock market index of the Philippine Stock Exchange (PSE) always consisting of 30 of the largest companies traded on the stock exchange. This is in contrast to the PSE All Shares Index which is an index of all stocks traded on the PSE.
The highest closing value was 9,041.20 on Friday, January 26, 2018. The highest intraday value was 9,078.37 on Monday, January 29, 2018.
It is the PSE's only broad-base index and is seen as an indicator of the general state of the Philippine business climate, although there is evidence the index may not be a reliable indicator of the state of the broader Philippine economy.
The PSE revises the list at least twice a year based upon requirements that include a minimum public float level of 20% (increased from 12% in 2018) and criteria for market liquidity and market capitalization.

## Formula

The following formula is used by the PSE to calculate the index's value:
${\mathsf {PSE\ Index_{t}={\textstyle \sum _{i=1}^{n}(P_{i}\times S_{i}\times F_{i})\displaystyle \over \ b}\times PSE\ Index_{t-1}}}$
Where:
n = Total number of component companies (30)
${\mathsf {P_{i}}}$ = Closing price of company i at day t
${\mathsf {S_{i}}}$= Available shares of company i at day t
${\mathsf {F_{i}}}$= Company free float level (0 to 1), where 1 means 100% free float.
b = Free float-adjusted market capitalization base

## Current components

These are current as of February 2022:
| Company | Ticker symbol | Also a component of the |
| Aboitiz Equity Ventures | PSE: AEV | PSE Holding Firms Index |
| ACEN Corporation | PSE: ACEN | PSE Industrial Index |
| Alliance Global | PSE: AGI | PSE Holding Firms Index |
| Ayala Corporation | PSE: AC | PSE Holding Firms Index |
| Ayala Land | PSE: ALI | PSE Property Index |
| Banco de Oro | PSE: BDO | PSE Financials Index |
| Bank of the Philippine Islands | PSE: BPI | PSE Financials Index |
| Bloomberry | PSE: BLOOM | PSE Services Index |
| Century Pacific Food | PSE: CNPF | PSE Industrial Index |
| Converge ICT | PSE: CNVRG | PSE Services Index |
| DMCI Holdings | PSE: DMC | PSE Holding Firms Index |
| Emperador, Inc. | PSE: EMI | PSE Industrial Index |
| Globe Telecom | PSE: GLO | PSE Services Index |
| GT Capital | PSE: GTCAP | PSE Holding Firms Index |
| International Container Terminal Services | PSE: ICT | PSE Services Index |
| JG Summit Holdings | PSE: JGS | PSE Holding Firms Index |
| Jollibee Foods Corporation | PSE: JFC | PSE Industrial Index |
| LT Group | PSE: LTG | PSE Holding Firms Index |
| Meralco | PSE: MER | PSE Industrial Index |
| Metrobank | PSE: MBT | PSE Financials Index |
| Monde Nissin | PSE: MONDE | PSE Industrial Index |
| Nickel Asia Corporation | PSE: NIKL | PSE Mining and Oil Index |
| PLDT | PSE: TEL | PSE Services Index |
| Puregold | PSE: PGOLD | PSE Services Index |
| San Miguel Corporation | PSE: SMC | PSE Holding Firms Index |
| Semirara Mining and Power Corporation | PSE: SCC | PSE Mining and Oil Index |
| SM Investments Corporation | PSE: SM | PSE Holding Firms Index |
| SM Prime Holdings | PSE: SMPH | PSE Property Index |
| Universal Robina | PSE: URC | PSE Industrial Index |
| Wilcon | PSE: WLCON | PSE Services Index |

## Previous components

| Company | Ticker symbol | Times included | Notes |
| ABS-CBN Corporation | PSE: ABS | Removed May 2008, removed November 2009, re-added May 2010, removed September 2011 | |
| Belle Corporation | PSE: BEL | Component since September 2001, removed May 2008, re-added September 2011, removed August 2013 | |
| Benpres Holdings | | Component since September 2001 | Renamed into Lopez Holdings Corporation (PSE: LPZ) |
| Bloomberry Resorts Corporation | PSE: BLOOM | Removed February 2022 | |
| C&P Homes | CMP | Component since September 2001 | Now part of Vista Land (PSE: VLL) |
| Cebu Pacific | PSE: CEB | Added September 2011, removed September 2012 | |
| Chinabank | PSE: CHIB | Added May 2010 | |
| Digital Telecommunications Philippines | DGTL | Component since September 2001 | Bought by PLDT (PSE: TEL) |
| DMCI Holdings | PSE: DMC | Removed May 2008, re-removed August 2021 | |
| Emperador, Inc. | PSE: EMP | Added September 2015, removed March 2017, re-added August 2020, re-removed August 2021, re-added February 2022 | |
| Empire East Land | PSE: EEI | Added April 2006 | |
| Energy Development Corporation | EDC | Removed September 2017 | Renamed into Lopez Holdings Corporation (PSE: LPZ) |
| Equitable PCI Bank | EPCI | | Bought by Banco de Oro (PSE: BDO) |
| Fil-Estate Land | | Removed September 2001 | Bought by Alliance Global (PSE: AGI) |
| Filinvest | PSE: FDC | Removed September 2001, removed September 2011 | |
| First Philippine Holdings Corporation | PSE: FPH | Removed September 2011 | |
| GMA Network | PSE: GMA7 | Added May 2009 | |
| Holcim Philippines | PSE: HLCM | Removed April 2006 | |
| La Tondeña Distillers | LTDI | Component since September 2001 | Bought by San Miguel Corporation (PSE: SMC); renamed as Ginebra San Miguel (PSE: GSMI) |
| Lepanto Mining | PSE: LC and LCB | Removed September 2011 | |
| Manila Mining | PSE: MA and MAB | Added April 2006 | |
| Music Corporation | MUSX | Added September 2001 | Now Green Holdings, Inc. (PSE: GREEN) |
| Petron Corporation | PSE: PCOR | Removed May 2008, re-added May 2009, re-added September 2012, removed February 2018 | |
| Philex Mining | PSE: PX | Removed September 2015 | |
| Philippine National Bank | PSE: PNB | Component since September 2001, re-added May 2008 | |
| Philippine Stock Exchange | PSE: PSE | Added November 2009 | |
| Piltel | PLTL | Added September 2001, removed April 2006 | Bought by PLDT (PSE: TEL) |
| Rizal Commercial Banking Corporation | PSE: RCBC | Added May 2008, removed November 2009 | |
| Robinsons Retail Holdings | PSE: RRHI | Removed February 2022 | |
| Semirara Mining and Power Corporation | PSE: SCC | Added September 2011, removed August 2020 | |
| SM Development Corporation | PSE: SMDC | Added September 2011, removed March 2013 | |
| Southeast Asia Cement Holdings | CMT | Added September 2001 | |
| Unionbank | PSE: UBP | Added May 2008, re-added May 2009 | |
| Union Cement | | Added September 2001 | Bought by Phinma Corporation (PSE: PHN) |
| Vista Land | PSE: VLL | Added May 2008, removed November 2009 | |