Manila Broadcasting Co (PHS:MBC) Cyclically Adjusted PB Ratio: 1.53 (As of Jul. 03, 2026) — 41% Below Median


PHS:MBC Manila Broadcasting Co PHS:MBC
80 GF Score
Price ₱5.93
GF Value ₱8.22
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Manila Broadcasting Co Cyclically Adjusted PB Ratio?

Manila Broadcasting Co PHS:MBC 80 Cyclically Adjusted PB Ratio is 1.53 as of Jul. 03, 2026, which is 41% below its 10-year median of 2.60. GuruFocus rates PHS:MBC with a GF Score™ of 80/100 and a GF Value™ of ₱8.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 725 Media - Diversified companies, Manila Broadcasting Co ranks worse than 64% on this metric.

As of today (2026-07-03), Manila Broadcasting Co's current share price is ₱5.93. Manila Broadcasting Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱3.87. Manila Broadcasting Co's Cyclically Adjusted PB Ratio for today is 1.53.

The historical rank and industry rank for Manila Broadcasting Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:MBC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.6   Max: 8.74
Current: 1.42

During the past years, Manila Broadcasting Co's highest Cyclically Adjusted PB Ratio was 8.74. The lowest was 1.33. And the median was 2.60.

PHS:MBC's Cyclically Adjusted PB Ratio is ranked worse than
64% of 725 companies
in the Media - Diversified industry
Industry Median: 0.96 vs PHS:MBC: 1.42

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.

Manila Broadcasting Co's adjusted book value per share data for the three months ended in Mar. 2026 was ₱4.201. 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 ₱3.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manila Broadcasting Co  (PHS:MBC) 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.


Manila Broadcasting Co Cyclically Adjusted PB Ratio Related Terms


Manila Broadcasting Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Manila Broadcasting Co'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.

Manila Broadcasting Co Cyclically Adjusted PB Ratio Chart

Manila Broadcasting Co 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 3.41 1.89 2.58 1.81 1.33

Manila Broadcasting Co 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 1.74 1.64 1.47 1.33 1.60

PHS:MBC vs NXST: Cyclically Adjusted PB Ratio Comparison

For the Broadcasting subindustry, Manila Broadcasting Co'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.


Manila Broadcasting Co Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Manila Broadcasting Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Manila Broadcasting Co's Cyclically Adjusted PB Ratio falls into.


PHS:MBC
80GF Score
Manila Broadcasting Co PHS:MBC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Manila Broadcasting Co 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.

Manila Broadcasting Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.93/3.87
=1.53

* 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.

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

For example, Manila Broadcasting Co'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)
=4.201/330.2130*330.2130
=4.201

Current CPI (Mar. 2026) = 330.2130.

Manila Broadcasting Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.133 241.018 2.922
201609 2.195 241.428 3.002
201612 2.295 241.432 3.139
201703 2.374 243.801 3.215
201706 2.504 244.955 3.376
201709 2.544 246.819 3.404
201712 2.299 246.524 3.079
201803 2.349 249.554 3.108
201806 2.411 251.989 3.159
201809 2.456 252.439 3.213
201812 2.749 251.233 3.613
201903 2.832 254.202 3.679
201906 2.887 256.143 3.722
201909 2.992 256.759 3.848
201912 3.048 256.974 3.917
202003 0.000 258.115 0.000
202006 3.125 257.797 4.003
202009 3.165 260.280 4.015
202012 3.648 260.474 4.625
202103 3.915 264.877 4.881
202106 3.710 271.696 4.509
202109 3.721 274.310 4.479
202112 3.766 278.802 4.460
202203 3.887 287.504 4.464
202206 3.908 296.311 4.355
202209 4.026 296.808 4.479
202212 3.473 296.797 3.864
202303 3.541 301.836 3.874
202306 3.511 305.109 3.800
202309 3.533 307.789 3.790
202312 3.744 306.746 4.030
202403 3.784 312.332 4.001
202406 3.785 314.175 3.978
202409 3.896 315.301 4.080
202412 3.936 315.605 4.118
202503 3.984 319.799 4.114
202506 4.072 322.561 4.169
202509 4.115 324.800 4.184
202512 4.161 324.054 4.240
202603 4.201 330.213 4.201

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 1.53 mean?
Manila Broadcasting Co (PHS:MBC) has a Cyclically Adjusted PB Ratio of 1.53 as of Jul. 03, 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 Manila Broadcasting Co and its competitors. This is 41% below median its historical median of 2.60. Over the past decade, Manila Broadcasting Co's Cyclically Adjusted PB Ratio has ranged from 1.33 to 8.74. According to the industry distribution chart, Manila Broadcasting Co ranks #464 out of 725 companies in the Media - Diversified industry, placing it in the top 64%.
Is Manila Broadcasting Co's Cyclically Adjusted PB Ratio too high?
Manila Broadcasting Co's current Cyclically Adjusted PB Ratio of 1.53 is 41% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 8.74. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 0.96. Manila Broadcasting Co's value of 1.53 is 59.4% above this industry median. Based on the distribution chart, Manila Broadcasting Co ranks #464 out of 725 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Manila Broadcasting Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manila Broadcasting Co's Cyclically Adjusted PB Ratio compare to NXST?
According to the Media - Diversified industry distribution chart, Manila Broadcasting Co ranks #464 out of 725 companies for Cyclically Adjusted PB Ratio. This places Manila Broadcasting Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. Manila Broadcasting Co's value of 1.53 is 59.4% above this benchmark. Historically, Manila Broadcasting Co's own Cyclically Adjusted PB Ratio has ranged from 1.33 to 8.74 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 0.96, Manila Broadcasting Co 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 0.96, based on 725 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. Manila Broadcasting Co's current Cyclically Adjusted PB Ratio of 1.53 is 59.4% 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 Manila Broadcasting Co and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Broadcasting Co's current Cyclically Adjusted PB Ratio is 1.53, which is 41% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Broadcasting Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Broadcasting Co (PHS:MBC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱8.22, compared to a current price of ₱5.93 — trading 27.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.53, which is 41% below median its 10-year median of 2.60 and 59.4% above the Media - Diversified industry median of 0.96. Manila Broadcasting Co's overall GF Score™ is 80/100 with 2 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 Manila Broadcasting Co (PHS:MBC), the current Cyclically Adjusted PB Ratio is 1.53 as of Jul. 03, 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 Manila Broadcasting Co (PHS:MBC) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Broadcasting Co stock appears to be undervalued. The current stock price of ₱5.93 is trading 27.9% below its estimated GF Value™ of ₱8.22. GuruFocus considers Manila Broadcasting Co to be Modestly Undervalued.

Key valuation signals for PHS:MBC:

  • Cyclically Adjusted PB Ratio: 1.53 (41% below median its 10-year median of 2.60)
  • GF Value™: ₱8.22 vs. price of ₱5.93 (27.9% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 59.4% above the Media - Diversified median (#464 of 725)

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


Manila Broadcasting Co Business Description

Address Vicente Sotto Street, MBC Building, CCP Complex, Pasay City, PHL, 1307
Manila Broadcasting Co is mainly engaged in the business of radio broadcasting. The Company is organized into only one operating division, radio broadcasting, which is its primary activity. The Group has one geographical segment and derives substantially of its revenues from domestic operations. The company's products are RADIO, TV, DIGITAL, EVENTS, PROMOS, TALENTS.
80GF Score

Get the complete analysis for PHS:MBC

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

₱5.93
Price
₱8.22
GF Value