Philippine Business Bank (PHS:PBB) Cyclically Adjusted FCF per Share: ₱20.43 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PHS:PBB Philippine Business Bank PHS:PBB
65 GF Score
Price ₱6.91
GF Value ₱8.47
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Philippine Business Bank Cyclically Adjusted FCF per Share?

Philippine Business Bank PHS:PBB 65 Cyclically Adjusted FCF per Share is ₱20.43 as of Jun. 2026. GuruFocus rates PHS:PBB with a GF Score™ of 65/100 and a GF Value™ of ₱8.47 (Modestly Undervalued). The stock has 1 warning sign 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Philippine Business Bank's adjusted free cash flow per share for the three months ended in Jun. 2026 was ₱0.244. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ₱20.43 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Philippine Business Bank's average Cyclically Adjusted FCF Growth Rate was 39.20% 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Philippine Business Bank was -42.60% per year. The lowest was -42.60% per year. And the median was -42.60% per year.

As of today (2026-09-22), Philippine Business Bank's current stock price is ₱6.91. Philippine Business Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ₱20.43. Philippine Business Bank's Cyclically Adjusted Price-to-FCF of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Philippine Business Bank was 32.67. The lowest was 1.90. And the median was 6.86.


Philippine Business Bank  (PHS:PBB) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Philippine Business Bank's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.91/20.431
=0.34

* 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 Price-to-FCF of Philippine Business Bank was 32.67. The lowest was 1.90. And the median was 6.86.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Philippine Business Bank Cyclically Adjusted FCF per Share Related Terms


Philippine Business Bank Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Philippine Business Bank's Cyclically Adjusted FCF 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.

Philippine Business Bank Cyclically Adjusted FCF per Share Chart

Philippine Business Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.31 8.51 10.39 12.24 12.59

Philippine Business Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF 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 19.90 20.47 19.80 20.21 20.43

PHS:PBB vs USB, PNC: Cyclically Adjusted FCF per Share Comparison

For the Banks - Regional subindustry, Philippine Business Bank's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Philippine Business Bank Cyclically Adjusted Price-to-FCF vs Banks Industry

For the Banks industry and Financial Services sector, Philippine Business Bank's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Philippine Business Bank's Cyclically Adjusted Price-to-FCF falls into.


PHS:PBB
65GF Score
Philippine Business Bank PHS:PBB
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Philippine Business Bank Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

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

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow 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 FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF 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, Philippine Business Bank's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.244/333.9520*333.9520
=0.244

Current CPI (Jun. 2026) = 333.9520.

Philippine Business Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.524 241.428 0.725
201612 -0.820 241.432 -1.134
201703 2.977 243.801 4.078
201706 -2.178 244.955 -2.969
201709 -0.124 246.819 -0.168
201712 29.369 246.524 39.785
201803 5.689 249.554 7.613
201806 -5.102 251.989 -6.761
201809 0.600 252.439 0.794
201812 1.602 251.233 2.129
201903 -1.315 254.202 -1.728
201906 4.461 256.143 5.816
201909 2.635 256.759 3.427
201912 21.106 256.974 27.428
202003 -6.912 258.115 -8.943
202006 8.345 257.797 10.810
202009 -7.586 260.280 -9.733
202012 18.304 260.474 23.467
202103 1.752 264.877 2.209
202106 4.637 271.696 5.700
202109 4.545 274.310 5.533
202112 10.293 278.802 12.329
202203 4.653 287.504 5.405
202206 0.000 296.311 0.000
202209 0.000 296.808 0.000
202212 26.265 296.797 29.553
202303 -2.937 301.836 -3.250
202306 -0.475 305.109 -0.520
202309 4.060 307.789 4.405
202312 18.736 306.746 20.398
202403 -8.185 312.332 -8.752
202406 0.957 314.175 1.017
202409 5.948 315.301 6.300
202412 19.523 315.605 20.658
202503 -1.053 319.799 -1.100
202506 3.422 322.561 3.543
202509 1.989 324.800 2.045
202512 -6.246 324.054 -6.437
202603 0.176 330.213 0.178
202606 0.244 333.952 0.244

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of ₱20.43 mean?
Philippine Business Bank (PHS:PBB) has a Cyclically Adjusted FCF per Share of ₱20.43 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Philippine Business Bank and its competitors.
Is Philippine Business Bank's Cyclically Adjusted FCF per Share too high?
Philippine Business Bank's current Cyclically Adjusted FCF per Share is ₱20.43. Overall, Philippine Business Bank has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Philippine Business Bank's Cyclically Adjusted FCF per Share compare to USB and PNC?
Philippine Business Bank's Cyclically Adjusted FCF per Share of ₱20.43 can be compared against companies in the Banks 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 FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF 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 FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Philippine Business Bank and its competitors. Philippine Business Bank's current Cyclically Adjusted FCF per Share is ₱20.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Philippine Business Bank stock overvalued right now?
Based on GuruFocus' analysis, Philippine Business Bank (PHS:PBB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱8.47, compared to a current price of ₱6.91 — trading 18.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ₱20.43. Philippine Business Bank's overall GF Score™ is 65/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Philippine Business Bank (PHS:PBB), the current Cyclically Adjusted FCF per Share is ₱20.43 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 Philippine Business Bank (PHS:PBB) Overvalued in 2026?

Based on GuruFocus' analysis, Philippine Business Bank stock appears to be undervalued. The current stock price of ₱6.91 is trading 18.4% below its estimated GF Value™ of ₱8.47. GuruFocus considers Philippine Business Bank to be Modestly Undervalued.

Key valuation signals for PHS:PBB:

  • Cyclically Adjusted FCF per Share: ₱20.43
  • GF Value™: ₱8.47 vs. price of ₱6.91 (18.4% below fair value)
  • GF Score™: 65/100 with 1 warning sign

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


Philippine Business Bank Business Description

Address 350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400
Philippine Business Bank, Inc. is a thrift bank headquartered in the Philippines, serving small and medium-sized enterprises, corporations, and individual customers through a nationwide branch network. Its operations are organized into three main segments: Consumer Banking, which offers auto financing, home financing, and salary or personal loans; Corporate Banking, which provides term loans, working capital credit lines, bills purchase, and discounting facilities; and Treasury Operations, which manages the bank's liquidity and trading and investment activities. The bank also offers deposit products, cash management, retail and corporate lending, international trade finance, and trust services. Corporate Banking generates the largest share of revenue, primarily through interest income on loans and related credit facilities, supplemented by fee-based and treasury income. The bank operates mainly in the Philippines, with its shares listed on the Philippine Stock Exchange.
65GF Score

Get the complete analysis for PHS:PBB

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

₱6.91
Price
₱8.47
GF Value