Liberty Flour Mills (PHS:LFM) Cyclically Adjusted Book per Share: ₱20.52 (As of Jun. 2026)

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PHS:LFM Liberty Flour Mills Inc PHS:LFM
55 GF Score
Price ₱21.50
GF Value ₱16.56
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Liberty Flour Mills Cyclically Adjusted Book per Share?

Liberty Flour Mills PHS:LFM -0.23% 55 Cyclically Adjusted Book per Share is ₱20.52 as of Jun. 2026. GuruFocus rates PHS:LFM with a GF Score™ of 55/100 and a GF Value™ of ₱16.56 (Modestly Overvalued). 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.

Liberty Flour Mills's adjusted book value per share for the three months ended in Jun. 2026 was ₱14.648. 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 ₱20.52 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Liberty Flour Mills's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Liberty Flour Mills was 6.90% per year. The lowest was -2.00% per year. And the median was 3.15% per year.

As of today (2026-08-24), Liberty Flour Mills's current stock price is ₱21.50. Liberty Flour Mills's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₱20.52. Liberty Flour Mills's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Liberty Flour Mills was 2.05. The lowest was 0.35. And the median was 0.86.


Liberty Flour Mills  (PHS:LFM) 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.

Liberty Flour Mills's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.50/20.52
=1.05

* 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 Liberty Flour Mills was 2.05. The lowest was 0.35. And the median was 0.86.


Be Aware

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


Liberty Flour Mills Cyclically Adjusted Book per Share Related Terms


Liberty Flour Mills Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Liberty Flour Mills'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.

Liberty Flour Mills Cyclically Adjusted Book per Share Chart

Liberty Flour Mills 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 20.41 21.67 21.70 21.26 20.38

Liberty Flour Mills 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 20.96 20.71 20.38 20.54 20.52

PHS:LFM vs KHC, GIS, HRL: Cyclically Adjusted Book per Share Comparison

For the Packaged Foods subindustry, Liberty Flour Mills'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.


Liberty Flour Mills Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Liberty Flour Mills's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PHS:LFM
55GF Score
Liberty Flour Mills Inc PHS:LFM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liberty Flour Mills 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, Liberty Flour Mills'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)
=14.648/333.9520*333.9520
=14.648

Current CPI (Jun. 2026) = 333.9520.

Liberty Flour Mills Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.051 241.428 24.969
201612 18.627 241.432 25.765
201703 18.516 243.801 25.363
201706 17.802 244.955 24.270
201709 18.309 246.819 24.773
201712 18.431 246.524 24.967
201803 18.181 249.554 24.330
201806 17.411 251.989 23.074
201809 17.381 252.439 22.993
201812 17.484 251.233 23.241
201903 17.536 254.202 23.038
201906 17.356 256.143 22.628
201909 17.754 256.759 23.092
201912 18.015 256.974 23.411
202003 18.137 258.115 23.466
202006 18.300 257.797 23.706
202009 17.916 260.280 22.987
202012 18.900 260.474 24.232
202103 18.446 264.877 23.256
202106 18.194 271.696 22.363
202109 18.502 274.310 22.525
202112 19.018 278.802 22.780
202203 18.780 287.504 21.814
202206 18.614 296.311 20.979
202209 18.262 296.808 20.547
202212 16.821 296.797 18.927
202303 16.443 301.836 18.193
202306 15.914 305.109 17.418
202309 16.138 307.789 17.510
202312 15.666 306.746 17.055
202403 15.771 312.332 16.863
202406 15.720 314.175 16.710
202409 15.785 315.301 16.719
202412 14.427 315.605 15.266
202503 13.831 319.799 14.443
202506 11.393 322.561 11.795
202509 10.674 324.800 10.975
202512 14.533 324.054 14.977
202603 14.652 330.213 14.818
202606 14.648 333.952 14.648

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 ₱20.52 mean?
Liberty Flour Mills (PHS:LFM) has a Cyclically Adjusted Book per Share of ₱20.52 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 Liberty Flour Mills and its competitors.
Is Liberty Flour Mills' Cyclically Adjusted Book per Share too high?
Liberty Flour Mills' current Cyclically Adjusted Book per Share is ₱20.52. Overall, Liberty Flour Mills has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liberty Flour Mills' Cyclically Adjusted Book per Share compare to KHC and GIS?
Liberty Flour Mills' Cyclically Adjusted Book per Share of ₱20.52 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted Book per Share depends on the Consumer Packaged Goods 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 Liberty Flour Mills and its competitors. Liberty Flour Mills's current Cyclically Adjusted Book per Share is ₱20.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Liberty Flour Mills (PHS:LFM) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱16.56, compared to a current price of ₱21.50 — trading 29.8% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₱20.52. Liberty Flour Mills' overall GF Score™ is 55/100 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 Liberty Flour Mills (PHS:LFM), the current Cyclically Adjusted Book per Share is ₱20.52 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 Liberty Flour Mills (PHS:LFM) Overvalued in 2026?

Based on GuruFocus' analysis, Liberty Flour Mills stock appears to be overvalued. The current stock price of ₱21.50 is trading 29.8% above its estimated GF Value™ of ₱16.56. GuruFocus considers Liberty Flour Mills to be Modestly Overvalued.

Key valuation signals for PHS:LFM:

  • Cyclically Adjusted Book per Share: ₱20.52
  • GF Value™: ₱16.56 vs. price of ₱21.50 (29.8% above fair value)
  • GF Score™: 55/100 with 7 warning signs

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


Liberty Flour Mills Business Description

Address 835 Antonio Arnaiz Avenue, Liberty Building, Legaspi Village, Makati, PHL, 1223
Liberty Flour Mills Inc is a Philippines-based company. It operates in various business segments that are Bakery Flour, which manufactures flour and distributes its products; Mill Feed, which involves the utilization of its by-products and distribution/sales of its produce; and Real Estate and Investment, which involves the leasing of office and commercial units and investment in securities. Its products consist of EL Superior, LFM Bakers, pine tree, and LFM soft. The company derives maximum revenue from the Bakery Flour Segment.
55GF Score

Get the complete analysis for PHS:LFM

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

₱21.50
Price
₱16.56
GF Value