SSI Group (PHS:SSI) Cyclically Adjusted Book per Share: ₱4.37 (As of Mar. 2026)


PHS:SSI SSI Group Inc PHS:SSI
89 GF Score
Price ₱2.34
GF Value ₱3.49
Valuation Significantly Undervalued
! 4 Warning Signs
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What is SSI Group Cyclically Adjusted Book per Share?

SSI Group PHS:SSI +4.00% 89 Cyclically Adjusted Book per Share is ₱4.37 as of Mar. 2026. GuruFocus rates PHS:SSI with a GF Score™ of 89/100 and a GF Value™ of ₱3.49 (Significantly Undervalued). The stock has 4 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.

SSI Group's adjusted book value per share for the three months ended in Mar. 2026 was ₱5.354. 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 ₱4.37 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SSI Group's average Cyclically Adjusted Book Growth Rate was 6.10% 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.

As of today (2026-06-28), SSI Group's current stock price is ₱2.34. SSI Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱4.37. SSI Group's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SSI Group was 1.13. The lowest was 0.45. And the median was 0.75.


SSI Group  (PHS:SSI) 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.

SSI Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.34/4.37
=0.54

* 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 SSI Group was 1.13. The lowest was 0.45. And the median was 0.75.


Be Aware

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


SSI Group Cyclically Adjusted Book per Share Related Terms


SSI Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SSI Group'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.

SSI Group Cyclically Adjusted Book per Share Chart

SSI Group 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 0.00 0.00 3.83 4.03 4.26

SSI Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.12 4.18 4.24 4.26 4.37

PHS:SSI vs TJX, ROST, BURL: Cyclically Adjusted Book per Share Comparison

For the Apparel Retail subindustry, SSI Group'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.


SSI Group Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SSI Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PHS:SSI
89GF Score
SSI Group Inc PHS:SSI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSI Group 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, SSI Group's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.354/330.2130*330.2130
=5.354

Current CPI (Mar. 2026) = 330.2130.

SSI Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.006 241.018 4.118
201609 3.026 241.428 4.139
201612 3.008 241.432 4.114
201703 3.049 243.801 4.130
201706 3.091 244.955 4.167
201709 3.112 246.819 4.163
201712 3.090 246.524 4.139
201803 3.130 249.554 4.142
201806 3.176 251.989 4.162
201809 3.189 252.439 4.171
201812 3.269 251.233 4.297
201903 3.317 254.202 4.309
201906 3.370 256.143 4.345
201909 3.408 256.759 4.383
201912 3.455 256.974 4.440
202003 3.492 258.115 4.467
202006 3.314 257.797 4.245
202009 3.228 260.280 4.095
202012 3.166 260.474 4.014
202103 3.136 264.877 3.910
202106 3.113 271.696 3.783
202109 3.031 274.310 3.649
202112 3.238 278.802 3.835
202203 3.258 287.504 3.742
202206 3.386 296.311 3.773
202209 3.494 296.808 3.887
202212 3.792 296.797 4.219
202303 3.930 301.836 4.299
202306 3.991 305.109 4.319
202309 4.151 307.789 4.453
202312 4.450 306.746 4.790
202403 4.559 312.332 4.820
202406 4.513 314.175 4.743
202409 4.676 315.301 4.897
202412 5.056 315.605 5.290
202503 5.168 319.799 5.336
202506 5.040 322.561 5.160
202509 5.114 324.800 5.199
202512 5.307 324.054 5.408
202603 5.354 330.213 5.354

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 ₱4.37 mean?
SSI Group (PHS:SSI) has a Cyclically Adjusted Book per Share of ₱4.37 as of Mar. 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 SSI Group and its competitors.
Is SSI Group's Cyclically Adjusted Book per Share too high?
SSI Group's current Cyclically Adjusted Book per Share is ₱4.37. Overall, SSI Group has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SSI Group's Cyclically Adjusted Book per Share compare to TJX and ROST?
SSI Group's Cyclically Adjusted Book per Share of ₱4.37 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 SSI Group and its competitors. SSI Group's current Cyclically Adjusted Book per Share is ₱4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSI Group stock overvalued right now?
Based on GuruFocus' analysis, SSI Group (PHS:SSI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱3.49, compared to a current price of ₱2.34 — trading 33% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₱4.37. SSI Group's overall GF Score™ is 89/100 with 4 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 SSI Group (PHS:SSI), the current Cyclically Adjusted Book per Share is ₱4.37 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 SSI Group (PHS:SSI) Overvalued in 2026?

Based on GuruFocus' analysis, SSI Group stock appears to be undervalued. The current stock price of ₱2.34 is trading 33% below its estimated GF Value™ of ₱3.49. GuruFocus considers SSI Group to be Significantly Undervalued.

Key valuation signals for PHS:SSI:

  • Cyclically Adjusted Book per Share: ₱4.37
  • GF Value™: ₱3.49 vs. price of ₱2.34 (33% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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


SSI Group Business Description

Address 403 Senator Gil Puyat Avenue, 6th Floor, Midland Buendia Building, Makati City, PHL, 1200
SSI Group Inc together with its subsidiaries, operates specialty retail stores in the Philippines. The company operates a retail network consists of 628 stores located within approximately 110 malls across the Philippines, including Metro Manila, Luzon, Visayas, and Mindanao. The company provides a broad range of categories and brands, from luxury and bridge apparel to casual wear and fast fashion, as well as footwear, accessories, luggage, food, home and decor, and beauty and personal care.
89GF Score

Get the complete analysis for PHS:SSI

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

₱2.34
Price
₱3.49
GF Value