Benguet (PHS:BCB) Cyclically Adjusted Book per Share: ₱10.87 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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PHS:BCB Benguet Corp PHS:BCB
68 GF Score
Price ₱6.91
GF Value ₱6.37
Valuation Fairly Valued
! 7 Warning Signs
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What is Benguet Cyclically Adjusted Book per Share?

Benguet PHS:BCB -1.57% 68 Cyclically Adjusted Book per Share is ₱10.87 as of Jun. 2026. GuruFocus rates PHS:BCB with a GF Score™ of 68/100 and a GF Value™ of ₱6.37 (Fairly Valued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Benguet's adjusted book value per share for the three months ended in Jun. 2026 was ₱15.341. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₱10.87 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Benguet's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Benguet was 14.20% per year. The lowest was 5.90% per year. And the median was 9.65% per year.

As of today (2026-08-21), Benguet's current stock price is ₱6.91. Benguet's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₱10.87. Benguet's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Benguet was 0.96. The lowest was 0.13. And the median was 0.44.


Benguet  (PHS:BCB) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Benguet's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.91/10.87
=0.64

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Benguet was 0.96. The lowest was 0.13. And the median was 0.44.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Benguet Cyclically Adjusted Book per Share Related Terms


Benguet Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Benguet's Cyclically Adjusted Book per Share 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.

Benguet Cyclically Adjusted Book per Share Chart

Benguet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.09 8.56 9.23 9.88 10.34

Benguet Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.38 10.42 10.34 10.67 10.87

PHS:BCB vs NEM, AU, RGLD: Cyclically Adjusted Book per Share Comparison

For the Gold subindustry, Benguet's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Benguet Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Benguet's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Benguet's Cyclically Adjusted PB Ratio falls into.


PHS:BCB
68GF Score
Benguet Corp PHS:BCB
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Benguet Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Benguet's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=15.341/333.9520*333.9520
=15.341

Current CPI (Jun. 2026) = 333.9520.

Benguet Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.208 241.428 8.587
201612 5.946 241.432 8.225
201703 5.915 243.801 8.102
201706 5.962 244.955 8.128
201709 5.944 246.819 8.042
201712 6.016 246.524 8.150
201803 5.957 249.554 7.972
201806 5.945 251.989 7.879
201809 5.815 252.439 7.693
201812 6.395 251.233 8.501
201903 6.301 254.202 8.278
201906 6.286 256.143 8.196
201909 6.240 256.759 8.116
201912 7.163 256.974 9.309
202003 7.257 258.115 9.389
202006 7.323 257.797 9.486
202009 7.295 260.280 9.360
202012 7.757 260.474 9.945
202103 8.585 264.877 10.824
202106 9.031 271.696 11.100
202109 8.961 274.310 10.909
202112 10.288 278.802 12.323
202203 10.964 287.504 12.735
202206 11.859 296.311 13.365
202209 11.816 296.808 13.295
202212 12.482 296.797 14.045
202303 13.132 301.836 14.529
202306 13.182 305.109 14.428
202309 13.142 307.789 14.259
202312 13.425 306.746 14.616
202403 13.512 312.332 14.447
202406 13.860 314.175 14.732
202409 13.839 315.301 14.658
202412 12.857 315.605 13.604
202503 13.174 319.799 13.757
202506 13.699 322.561 14.183
202509 13.597 324.800 13.980
202512 14.167 324.054 14.600
202603 14.795 330.213 14.963
202606 15.341 333.952 15.341

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ₱10.87 mean?
Benguet (PHS:BCB) has a Cyclically Adjusted Book per Share of ₱10.87 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Benguet and its competitors.
Is Benguet's Cyclically Adjusted Book per Share too high?
Benguet's current Cyclically Adjusted Book per Share is ₱10.87. Overall, Benguet has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Benguet's Cyclically Adjusted Book per Share compare to NEM and AU?
Benguet's Cyclically Adjusted Book per Share of ₱10.87 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Benguet and its competitors. Benguet's current Cyclically Adjusted Book per Share is ₱10.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benguet stock overvalued right now?
Based on GuruFocus' analysis, Benguet (PHS:BCB) is currently considered Fairly Valued. The stock's GF Value™ is ₱6.37, compared to a current price of ₱6.91 — trading 8.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₱10.87. Benguet's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Benguet (PHS:BCB), the current Cyclically Adjusted Book per Share is ₱10.87 as of Jun. 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 Benguet (PHS:BCB) Overvalued in 2026?

Based on GuruFocus' analysis, Benguet stock appears to be overvalued. The current stock price of ₱6.91 is trading 8.5% above its estimated GF Value™ of ₱6.37. GuruFocus considers Benguet to be Fairly Valued.

Key valuation signals for PHS:BCB:

  • Cyclically Adjusted Book per Share: ₱10.87
  • GF Value™: ₱6.37 vs. price of ₱6.91 (8.5% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the PHS:BCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Benguet Business Description

Address 106 Paseo de Roxas, 7th Floor, Universal Re-Building, Makati City, PHL, 1226
Benguet Corp is engaged in gold, nickel, and other metallic and nonmetallic mineral production, exploration, research and development, and natural resource projects. The company operates through four business segments, namely Mining, Health Services, Logistics, and Others. The Mining segment is engaged in exploration, nickel, and gold mining operations and generates the maximum revenue for the company. The Health Services segment is engaged in the business of offering medical and clinical diagnostic examinations and health care services on pre-employment. The logistics segment is engaged in logistics services to the supply-chain requirements of various industries. The Other segment of the company is engaged in research, development, health services, and water projects.
68GF Score

Get the complete analysis for PHS:BCB

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱6.91
Price
₱6.37
GF Value