Philex MiningPHS:PX -1.13%65 Current Ratio is 0.72 as of Mar. 2026, which is 33% below its 10-year median of 1.07. GuruFocus rates PHS:PX with a GF Score™ of 65/100 and a GF Value™ of ₱3.24 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,638 Metals & Mining companies, Philex Mining ranks worse than 79.98% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Philex Mining's current ratio for the quarter that ended in Mar. 2026 was 0.72.
Philex Mining has a current ratio of 0.72. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Philex Mining has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for Philex Mining's Current Ratio or its related term are showing as below:
PHS:PX'
s Current Ratio Range Over the Past 10 Years
Min: 0.43 Med: 1.07 Max: 1.91
Current: 0.72
During the past 13 years, Philex Mining's highest Current Ratio was 1.91. The lowest was 0.43. And the median was 1.07.
PHS:PX's Current Ratio is ranked worse than 79.98% of 2638
companies
in the Metals & Mining industry
Industry Median: 2.64
vs PHS:PX: 0.72
Philex Mining (PHS:PX) 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.
Philex Mining Current Ratio Related Terms
Philex Mining Current Ratio Historical Data
* Premium members only.
The historical data trend for Philex Mining's Current Ratio can be seen below:
* 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.
For the Other Industrial Metals & Mining subindustry, Philex Mining'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.
Philex Mining Current Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Philex Mining's Current Ratio distribution charts can be found below:
* The bar in red indicates where Philex Mining'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.
Philex Mining (PHS:PX) has a Current Ratio of 0.72 as of Mar. 2026. This is 33% below median its historical median of 1.07. Over the past decade, Philex Mining's Current Ratio has ranged from 0.43 to 1.91. According to the industry distribution chart, Philex Mining ranks #2110 out of 2638 companies in the Metals & Mining industry, placing it in the top 80%.
Is Philex Mining's Current Ratio too high?
Philex Mining's current Current Ratio of 0.72 is 33% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.91. The Metals & Mining industry median Current Ratio is 2.64. Philex Mining's value of 0.72 is 72.7% below this industry median. Based on the distribution chart, Philex Mining ranks #2110 out of 2638 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Philex Mining has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Philex Mining's Current Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Philex Mining ranks #2110 out of 2638 companies for Current Ratio. This places Philex Mining in the lower half of its industry. The industry median Current Ratio is 2.64. Philex Mining's value of 0.72 is 72.7% below this benchmark. Historically, Philex Mining's own Current Ratio has ranged from 0.43 to 1.91 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 2.64, Philex Mining 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 Metals & Mining company?
The median Current Ratio among Metals & Mining companies is 2.64, based on 2,638 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. Philex Mining's current Current Ratio of 0.72 is 72.7% 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 Metals & Mining industry, the median Current Ratio is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Philex Mining's current Current Ratio is 0.72, which is 33% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philex Mining stock overvalued right now?
Based on GuruFocus' analysis, Philex Mining (PHS:PX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱3.24, compared to a current price of ₱7.90 — trading 143.8% above its estimated fair value. The current Current Ratio is 0.72, which is 33% below median its 10-year median of 1.07 and 72.7% below the Metals & Mining industry median of 2.64. Philex Mining's overall GF Score™ is 65/100 with 8 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 Philex Mining (PHS:PX), the current Current Ratio is 0.72 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 Philex Mining (PHS:PX) Overvalued in 2026?
Based on GuruFocus' analysis, Philex Mining stock appears to be overvalued.
The current stock price of ₱7.90 is trading 143.8% above its estimated GF Value™ of ₱3.24.
GuruFocus considers Philex Mining to be Significantly Overvalued.
Key valuation signals for PHS:PX:
Current Ratio: 0.72 (33% below median its 10-year median of 1.07)
GF Value™: ₱3.24 vs. price of ₱7.90 (143.8% above fair value)
Industry Position: 72.7% below the Metals & Mining median (#2110 of 2638)
No single metric tells the full story. See the PHS:PX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Philex Mining Corporation is engaged in large-scale exploration, development, and utilization of mineral resources. The company mainly operates the Padcal Mine, an underground block cave operation in the Far East, producing copper, gold, and silver concentrates. The other projects in its portfolio are the Silangan Copper and Gold Project, situated in Surigao del Norte, Northeastern Mindanao; the Sibutad Project, in Zamboanga del Norte; and the Bulawan project, in Sipalay City, Philippines. Philex Mining generates maximum revenue from the sale of copper, followed by the sale of gold and silver concentrates. The company operates in two reportable business segments: the mining and metals segment, which generates the maximum revenue, and the energy and hydrocarbon segment.
65GF Score
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