Euro-Med Laboratories Philippines has a current ratio of 1.49. It generally indicates good short-term financial strength.
The historical rank and industry rank for Euro-Med Laboratories Philippines's Current Ratio or its related term are showing as below:
PHS:EURO'
s Current Ratio Range Over the Past 10 Years
Min: 1.12 Med: 1.36 Max: 1.62
Current: 1.49
During the past 13 years, Euro-Med Laboratories Philippines's highest Current Ratio was 1.62. The lowest was 1.12. And the median was 1.36.
PHS:EURO's Current Ratio is ranked worse than 66.23% of 995
companies
in the Drug Manufacturers industry
Industry Median: 2
vs PHS:EURO: 1.49
Euro-Med Laboratories Philippines (PHS:EURO) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Euro-Med Laboratories Philippines Current Ratio Related Terms
Euro-Med Laboratories Philippines Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Euro-Med Laboratories Philippines Current Ratio Chart
PHS:EURO vs ZTS, UTHR, VTRS: Current Ratio Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Euro-Med Laboratories Philippines's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Euro-Med Laboratories Philippines Current Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Euro-Med Laboratories Philippines's Current Ratio distribution charts can be found below:
* The bar in red indicates where Euro-Med Laboratories Philippines's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Euro-Med Laboratories Philippines (PHS:EURO) has a Current Ratio of 1.49 as of Mar. 2026. This is 10% above median its historical median of 1.36. Over the past decade, Euro-Med Laboratories Philippines' Current Ratio has ranged from 1.12 to 1.62. According to the industry distribution chart, Euro-Med Laboratories Philippines ranks #659 out of 995 companies in the Drug Manufacturers industry, placing it in the top 66.2%.
Is Euro-Med Laboratories Philippines' Current Ratio too high?
Euro-Med Laboratories Philippines' current Current Ratio of 1.49 is 10% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 1.62. The Drug Manufacturers industry median Current Ratio is 2.00. Euro-Med Laboratories Philippines' value of 1.49 is 25.5% below this industry median. Based on the distribution chart, Euro-Med Laboratories Philippines ranks #659 out of 995 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Euro-Med Laboratories Philippines has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Euro-Med Laboratories Philippines' Current Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Euro-Med Laboratories Philippines ranks #659 out of 995 companies for Current Ratio. This places Euro-Med Laboratories Philippines in the lower half of its industry. The industry median Current Ratio is 2.00. Euro-Med Laboratories Philippines' value of 1.49 is 25.5% below this benchmark. Historically, Euro-Med Laboratories Philippines' own Current Ratio has ranged from 1.12 to 1.62 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 2.00, Euro-Med Laboratories Philippines has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Drug Manufacturers company?
The median Current Ratio among Drug Manufacturers companies is 2.00, based on 995 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Euro-Med Laboratories Philippines's current Current Ratio of 1.49 is 25.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Drug Manufacturers industry, the median Current Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euro-Med Laboratories Philippines's current Current Ratio is 1.49, which is 10% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro-Med Laboratories Philippines stock overvalued right now?
Based on GuruFocus' analysis, Euro-Med Laboratories Philippines (PHS:EURO) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.02, compared to a current price of ₱1.10 — trading 7.8% above its estimated fair value. The current Current Ratio is 1.49, which is 10% above median its 10-year median of 1.36 and 25.5% below the Drug Manufacturers industry median of 2.00. Euro-Med Laboratories Philippines' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Euro-Med Laboratories Philippines (PHS:EURO), the current Current Ratio is 1.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Euro-Med Laboratories Philippines (PHS:EURO) Overvalued in 2026?
Based on GuruFocus' analysis, Euro-Med Laboratories Philippines stock appears to be overvalued.
The current stock price of ₱1.10 is trading 7.8% above its estimated GF Value™ of ₱1.02.
GuruFocus considers Euro-Med Laboratories Philippines to be Fairly Valued.
Key valuation signals for PHS:EURO:
Current Ratio: 1.49 (10% above median its 10-year median of 1.36)
GF Value™: ₱1.02 vs. price of ₱1.10 (7.8% above fair value)
Industry Position: 25.5% below the Drug Manufacturers median (#659 of 995)
No single metric tells the full story. See the PHS:EURO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Euro-Med Laboratories Philippines Business Description
Euro-Med Laboratories Philippines Inc is a pharmaceutical-based company that engages in the manufacture of pharmaceutical products such as large and small-volume parenterals and other solutions. The company also manufactures sterile water for injection, and other solutions such as ophthalmic, inhalation, irrigation, and dialysis. The Company also manufactures intravenous fluids in glass bottles, hemodialysis concentrates, ophthalmic products and disinfectants.
82GF Score
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