JG Summit Holdings (PHS:JGS) Cyclically Adjusted PB Ratio: 0.50 (As of Jul. 15, 2026) — 68% Below Median

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PHS:JGS JG Summit Holdings Inc PHS:JGS
93 GF Score
Price ₱24.35
GF Value ₱28.27
Valuation Modestly Undervalued
! 3 Warning Signs
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What is JG Summit Holdings Cyclically Adjusted PB Ratio?

JG Summit Holdings PHS:JGS +0.21% 93 Cyclically Adjusted PB Ratio is 0.50 as of Jul. 15, 2026, which is 68% below its 10-year median of 1.58. GuruFocus rates PHS:JGS with a GF Score™ of 93/100 and a GF Value™ of ₱28.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 478 Conglomerates companies, JG Summit Holdings ranks better than 72.18% on this metric.

As of today (2026-07-15), JG Summit Holdings's current share price is ₱24.35. JG Summit Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱48.54. JG Summit Holdings's Cyclically Adjusted PB Ratio for today is 0.50.

The historical rank and industry rank for JG Summit Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:JGS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.58   Max: 3.64
Current: 0.52

During the past years, JG Summit Holdings's highest Cyclically Adjusted PB Ratio was 3.64. The lowest was 0.33. And the median was 1.58.

PHS:JGS's Cyclically Adjusted PB Ratio is ranked better than
72.18% of 478 companies
in the Conglomerates industry
Industry Median: 1.065 vs PHS:JGS: 0.52

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.

JG Summit Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was ₱38.270. 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 ₱48.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


JG Summit Holdings  (PHS:JGS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


JG Summit Holdings Cyclically Adjusted PB Ratio Related Terms


JG Summit Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for JG Summit Holdings's Cyclically Adjusted PB 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.

JG Summit Holdings Cyclically Adjusted PB Ratio Chart

JG Summit Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.23 0.88 0.45 0.50

JG Summit Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.35 0.42 0.48 0.50 0.57

PHS:JGS vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, JG Summit Holdings'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.


JG Summit Holdings Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, JG Summit Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PHS:JGS
93GF Score
JG Summit Holdings Inc PHS:JGS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JG Summit Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

JG Summit Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.35/48.54
=0.50

* 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.

JG Summit Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, JG Summit Holdings'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)
=38.27/330.2130*330.2130
=38.270

Current CPI (Mar. 2026) = 330.2130.

JG Summit Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 31.975 241.018 43.808
201609 31.979 241.428 43.739
201612 31.846 241.432 43.557
201703 33.429 243.801 45.277
201706 34.355 244.955 46.312
201709 34.970 246.819 46.785
201712 35.612 246.524 47.701
201803 36.170 249.554 47.861
201806 36.182 251.989 47.414
201809 36.939 252.439 48.320
201812 36.770 251.233 48.329
201903 37.917 254.202 49.255
201906 39.329 256.143 50.702
201909 39.744 256.759 51.114
201912 40.523 256.974 52.072
202003 41.087 258.115 52.564
202006 40.857 257.797 52.334
202009 41.250 260.280 52.333
202012 40.995 260.474 51.971
202103 40.641 264.877 50.666
202106 40.624 271.696 49.373
202109 42.989 274.310 51.750
202112 44.583 278.802 52.804
202203 44.046 287.504 50.589
202206 43.222 296.311 48.167
202209 42.986 296.808 47.824
202212 42.539 296.797 47.328
202303 43.567 301.836 47.663
202306 43.597 305.109 47.184
202309 43.792 307.789 46.982
202312 44.662 306.746 48.079
202403 46.661 312.332 49.332
202406 47.663 314.175 50.096
202409 48.825 315.301 51.134
202412 48.457 315.605 50.700
202503 49.192 319.799 50.794
202506 50.510 322.561 51.708
202509 50.902 324.800 51.750
202512 37.310 324.054 38.019
202603 38.270 330.213 38.270

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

What does a Cyclically Adjusted PB Ratio of 0.50 mean?
JG Summit Holdings (PHS:JGS) has a Cyclically Adjusted PB Ratio of 0.50 as of Jul. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on JG Summit Holdings and its competitors. This is 68% below median its historical median of 1.58. Over the past decade, JG Summit Holdings' Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.64. According to the industry distribution chart, JG Summit Holdings ranks #133 out of 478 companies in the Conglomerates industry, placing it in the top 27.8%.
Is JG Summit Holdings' Cyclically Adjusted PB Ratio too high?
JG Summit Holdings' current Cyclically Adjusted PB Ratio of 0.50 is 68% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 3.64. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.07. JG Summit Holdings' value of 0.50 is 53.1% below this industry median. Based on the distribution chart, JG Summit Holdings ranks #133 out of 478 companies in the Conglomerates industry, which is above the industry midpoint. Overall, JG Summit Holdings has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JG Summit Holdings' Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, JG Summit Holdings ranks #133 out of 478 companies for Cyclically Adjusted PB Ratio. This puts JG Summit Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.07. JG Summit Holdings' value of 0.50 is 53.1% below this benchmark. Historically, JG Summit Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.33 to 3.64 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.07, JG Summit Holdings 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 Cyclically Adjusted PB Ratio for a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.07, based on 478 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JG Summit Holdings's current Cyclically Adjusted PB Ratio of 0.50 is 53.1% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on JG Summit Holdings and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JG Summit Holdings's current Cyclically Adjusted PB Ratio is 0.50, which is 68% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JG Summit Holdings stock overvalued right now?
Based on GuruFocus' analysis, JG Summit Holdings (PHS:JGS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱28.27, compared to a current price of ₱24.35 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 68% below median its 10-year median of 1.58 and 53.1% below the Conglomerates industry median of 1.07. JG Summit Holdings' overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For JG Summit Holdings (PHS:JGS), the current Cyclically Adjusted PB Ratio is 0.50 as of Jul. 15, 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 JG Summit Holdings (PHS:JGS) Overvalued in 2026?

Based on GuruFocus' analysis, JG Summit Holdings stock appears to be undervalued. The current stock price of ₱24.35 is trading 13.9% below its estimated GF Value™ of ₱28.27. GuruFocus considers JG Summit Holdings to be Modestly Undervalued.

Key valuation signals for PHS:JGS:

  • Cyclically Adjusted PB Ratio: 0.50 (68% below median its 10-year median of 1.58)
  • GF Value™: ₱28.27 vs. price of ₱24.35 (13.9% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 53.1% below the Conglomerates median (#133 of 478)

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


JG Summit Holdings Business Description

Other Exchanges JGSHF:USA
Address ADB Avenue Corner, Poveda Road, 43rd Floor, Robinsons-Equitable Tower, Ortigas Center, Metro Manila, Pasig City, RIZ, PHL, 1600
JG Summit Holdings Inc is a diversified Filipino conglomerate, engaged in food, agro-industrial, and commodities, real estate and hotel, air transportation, banking, and petrochemicals. The company also has investments in telecommunications and power generation, and distribution. It also has a branded consumer foods business in China, ASEAN, and an investment in a property development company in Singapore. The Group conducts businesses throughout the Philippines, around Metro Manila, and in the regions of Luzon, Visayas, and Mindanao.
93GF Score

Get the complete analysis for PHS:JGS

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

₱24.35
Price
₱28.27
GF Value