Liberty Flour Mills (PHS:LFM) Cyclically Adjusted PB Ratio: 1.36 (As of Jul. 08, 2026) — 60% Above Median


PHS:LFM Liberty Flour Mills Inc PHS:LFM
61 GF Score
Price ₱28.00
GF Value ₱14.36
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Liberty Flour Mills Cyclically Adjusted PB Ratio?

Liberty Flour Mills PHS:LFM 61 Cyclically Adjusted PB Ratio is 1.36 as of Jul. 08, 2026, which is 60% above its 10-year median of 0.85. GuruFocus rates PHS:LFM with a GF Score™ of 61/100 and a GF Value™ of ₱14.36 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,442 Consumer Packaged Goods companies, Liberty Flour Mills ranks worse than 52.15% on this metric.

As of today (2026-07-08), Liberty Flour Mills's current share price is ₱28.00. Liberty Flour Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱20.54. Liberty Flour Mills's Cyclically Adjusted PB Ratio for today is 1.36.

The historical rank and industry rank for Liberty Flour Mills's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:LFM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.85   Max: 2.05
Current: 1.36

During the past years, Liberty Flour Mills's highest Cyclically Adjusted PB Ratio was 2.05. The lowest was 0.35. And the median was 0.85.

PHS:LFM's Cyclically Adjusted PB Ratio is ranked worse than
52.15% of 1442 companies
in the Consumer Packaged Goods industry
Industry Median: 1.255 vs PHS:LFM: 1.36

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 adjusted book value per share data for the three months ended in Mar. 2026 was ₱14.652. 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 ₱20.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Flour Mills  (PHS:LFM) 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.


Liberty Flour Mills Cyclically Adjusted PB Ratio Related Terms


Liberty Flour Mills Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Liberty Flour Mills'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.

Liberty Flour Mills Cyclically Adjusted PB Ratio Chart

Liberty Flour Mills 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 0.78 0.53 0.43 0.84 1.66

Liberty Flour Mills 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 0.76 1.13 1.32 1.66 1.46

PHS:LFM vs KHC, GIS, HRL: Cyclically Adjusted PB Ratio 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
61GF Score
Liberty Flour Mills Inc PHS:LFM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liberty Flour Mills 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.00/20.54
=1.36

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

For example, Liberty Flour Mills'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)
=14.652/330.2130*330.2130
=14.652

Current CPI (Mar. 2026) = 330.2130.

Liberty Flour Mills Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.657 241.018 24.191
201609 18.051 241.428 24.689
201612 18.627 241.432 25.477
201703 18.516 243.801 25.079
201706 17.802 244.955 23.998
201709 18.309 246.819 24.495
201712 18.431 246.524 24.688
201803 18.181 249.554 24.057
201806 17.411 251.989 22.816
201809 17.381 252.439 22.736
201812 17.484 251.233 22.980
201903 17.536 254.202 22.780
201906 17.356 256.143 22.375
201909 17.754 256.759 22.833
201912 18.015 256.974 23.149
202003 18.137 258.115 23.203
202006 18.300 257.797 23.441
202009 17.916 260.280 22.730
202012 18.900 260.474 23.960
202103 18.446 264.877 22.996
202106 18.194 271.696 22.113
202109 18.502 274.310 22.273
202112 19.018 278.802 22.525
202203 18.780 287.504 21.570
202206 18.614 296.311 20.744
202209 18.262 296.808 20.317
202212 16.821 296.797 18.715
202303 16.443 301.836 17.989
202306 15.914 305.109 17.223
202309 16.138 307.789 17.314
202312 15.666 306.746 16.864
202403 15.771 312.332 16.674
202406 15.720 314.175 16.522
202409 15.785 315.301 16.532
202412 14.427 315.605 15.095
202503 13.831 319.799 14.281
202506 11.393 322.561 11.663
202509 10.674 324.800 10.852
202512 14.533 324.054 14.809
202603 14.652 330.213 14.652

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 1.36 mean?
Liberty Flour Mills (PHS:LFM) has a Cyclically Adjusted PB Ratio of 1.36 as of Jul. 08, 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 Liberty Flour Mills and its competitors. This is 60% above median its historical median of 0.85. Over the past decade, Liberty Flour Mills' Cyclically Adjusted PB Ratio has ranged from 0.35 to 2.05. According to the industry distribution chart, Liberty Flour Mills ranks #752 out of 1442 companies in the Consumer Packaged Goods industry, placing it in the top 52.1%.
Is Liberty Flour Mills' Cyclically Adjusted PB Ratio too high?
Liberty Flour Mills' current Cyclically Adjusted PB Ratio of 1.36 is 60% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.05. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Liberty Flour Mills' value of 1.36 is 8.4% above this industry median. Based on the distribution chart, Liberty Flour Mills ranks #752 out of 1442 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Liberty Flour Mills has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liberty Flour Mills' Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Liberty Flour Mills ranks #752 out of 1442 companies for Cyclically Adjusted PB Ratio. This places Liberty Flour Mills in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Liberty Flour Mills' value of 1.36 is 8.4% above this benchmark. Historically, Liberty Flour Mills' own Cyclically Adjusted PB Ratio has ranged from 0.35 to 2.05 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.26, Liberty Flour Mills has consistently been above 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,442 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. Liberty Flour Mills's current Cyclically Adjusted PB Ratio of 1.36 is 8.4% above 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 Liberty Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liberty Flour Mills's current Cyclically Adjusted PB Ratio is 1.36, which is 60% above median its own 10-year median of 0.85. 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 Significantly Overvalued. The stock's GF Value™ is ₱14.36, compared to a current price of ₱28.00 — trading 95% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is 60% above median its 10-year median of 0.85 and 8.4% above the Consumer Packaged Goods industry median of 1.26. Liberty Flour Mills' overall GF Score™ is 61/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Liberty Flour Mills (PHS:LFM), the current Cyclically Adjusted PB Ratio is 1.36 as of Jul. 08, 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 ₱28.00 is trading 95% above its estimated GF Value™ of ₱14.36. GuruFocus considers Liberty Flour Mills to be Significantly Overvalued.

Key valuation signals for PHS:LFM:

  • Cyclically Adjusted PB Ratio: 1.36 (60% above median its 10-year median of 0.85)
  • GF Value™: ₱14.36 vs. price of ₱28.00 (95% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 8.4% above the Consumer Packaged Goods median (#752 of 1442)

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.
61GF Score

Get the complete analysis for PHS:LFM

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

₱28.00
Price
₱14.36
GF Value