Panasonic Manufacturing Philippines (PHS:PMPC) Cyclically Adjusted PB Ratio: 0.66 (As of Jul. 01, 2026) — 25% Above Median


PHS:PMPC Panasonic Manufacturing Philippines Corp PHS:PMPC
77 GF Score
Price ₱8.50
GF Value ₱6.44
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Panasonic Manufacturing Philippines Cyclically Adjusted PB Ratio?

Panasonic Manufacturing Philippines PHS:PMPC -1.05% 77 Cyclically Adjusted PB Ratio is 0.66 as of Jul. 01, 2026, which is 25% above its 10-year median of 0.53. GuruFocus rates PHS:PMPC with a GF Score™ of 77/100 and a GF Value™ of ₱6.44 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,980 Hardware companies, Panasonic Manufacturing Philippines ranks better than 82.07% on this metric.

As of today (2026-07-01), Panasonic Manufacturing Philippines's current share price is ₱8.50. Panasonic Manufacturing Philippines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ₱12.82. Panasonic Manufacturing Philippines's Cyclically Adjusted PB Ratio for today is 0.66.

The historical rank and industry rank for Panasonic Manufacturing Philippines's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:PMPC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.53   Max: 0.98
Current: 0.67

During the past years, Panasonic Manufacturing Philippines's highest Cyclically Adjusted PB Ratio was 0.98. The lowest was 0.39. And the median was 0.53.

PHS:PMPC's Cyclically Adjusted PB Ratio is ranked better than
82.07% of 1980 companies
in the Hardware industry
Industry Median: 2.17 vs PHS:PMPC: 0.67

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.

Panasonic Manufacturing Philippines's adjusted book value per share data for the three months ended in Dec. 2025 was ₱13.061. 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 ₱12.82 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Panasonic Manufacturing Philippines  (PHS:PMPC) 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.


Panasonic Manufacturing Philippines Cyclically Adjusted PB Ratio Related Terms


Panasonic Manufacturing Philippines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Panasonic Manufacturing Philippines'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.

Panasonic Manufacturing Philippines Cyclically Adjusted PB Ratio Chart

Panasonic Manufacturing Philippines Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.55 0.43 0.44 0.44

Panasonic Manufacturing Philippines Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.44 0.44 0.68 0.65 0.84

PHS:PMPC vs AAPL: Cyclically Adjusted PB Ratio Comparison

For the Consumer Electronics subindustry, Panasonic Manufacturing Philippines'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.


Panasonic Manufacturing Philippines Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Panasonic Manufacturing Philippines's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Panasonic Manufacturing Philippines's Cyclically Adjusted PB Ratio falls into.


PHS:PMPC
77GF Score
Panasonic Manufacturing Philippines Corp PHS:PMPC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Panasonic Manufacturing Philippines 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.

Panasonic Manufacturing Philippines's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.50/12.82
=0.66

* 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.

Panasonic Manufacturing Philippines's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Panasonic Manufacturing Philippines's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=13.061/324.0540*324.0540
=13.061

Current CPI (Dec. 2025) = 324.0540.

Panasonic Manufacturing Philippines Quarterly Data

Book Value per Share CPI Adj_Book
201603 9.279 238.132 12.627
201606 9.726 241.018 13.077
201609 9.862 241.428 13.237
201612 10.063 241.432 13.507
201703 9.934 243.801 13.204
201706 10.249 244.955 13.559
201709 10.287 246.819 13.506
201712 10.254 246.524 13.479
201803 10.691 249.554 13.883
201806 10.561 251.989 13.581
201809 10.494 252.439 13.471
201812 10.479 251.233 13.516
201903 10.505 254.202 13.392
201906 10.548 256.143 13.345
201909 10.622 256.759 13.406
201912 10.665 256.974 13.449
202003 10.438 258.115 13.105
202006 9.966 257.797 12.527
202009 10.346 260.280 12.881
202012 10.501 260.474 13.064
202103 11.186 264.877 13.685
202106 10.856 271.696 12.948
202109 10.932 274.310 12.914
202112 10.978 278.802 12.760
202203 10.945 287.504 12.336
202206 10.856 296.311 11.872
202209 10.837 296.808 11.832
202212 10.781 296.797 11.771
202303 11.137 301.836 11.957
202306 11.110 305.109 11.800
202309 11.203 307.789 11.795
202312 11.152 306.746 11.781
202403 11.532 312.332 11.965
202406 11.435 314.175 11.795
202409 11.563 315.301 11.884
202412 12.256 315.605 12.584
202503 12.426 319.799 12.591
202506 12.619 322.561 12.677
202509 12.976 324.800 12.946
202512 13.061 324.054 13.061

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 0.66 mean?
Panasonic Manufacturing Philippines (PHS:PMPC) has a Cyclically Adjusted PB Ratio of 0.66 as of Jul. 01, 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 Panasonic Manufacturing Philippines and its competitors. This is 25% above median its historical median of 0.53. Over the past decade, Panasonic Manufacturing Philippines' Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.98. According to the industry distribution chart, Panasonic Manufacturing Philippines ranks #355 out of 1980 companies in the Hardware industry, placing it in the top 17.9%.
Is Panasonic Manufacturing Philippines' Cyclically Adjusted PB Ratio too high?
Panasonic Manufacturing Philippines' current Cyclically Adjusted PB Ratio of 0.66 is 25% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.98. The Hardware industry median Cyclically Adjusted PB Ratio is 2.17. Panasonic Manufacturing Philippines' value of 0.66 is 69.6% below this industry median. Based on the distribution chart, Panasonic Manufacturing Philippines ranks #355 out of 1980 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Panasonic Manufacturing Philippines has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Manufacturing Philippines' Cyclically Adjusted PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Panasonic Manufacturing Philippines ranks #355 out of 1980 companies for Cyclically Adjusted PB Ratio. This places Panasonic Manufacturing Philippines in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.17. Panasonic Manufacturing Philippines' value of 0.66 is 69.6% below this benchmark. Historically, Panasonic Manufacturing Philippines' own Cyclically Adjusted PB Ratio has ranged from 0.39 to 0.98 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 2.17, Panasonic Manufacturing Philippines 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 Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.17, based on 1,980 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. Panasonic Manufacturing Philippines's current Cyclically Adjusted PB Ratio of 0.66 is 69.6% 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 Panasonic Manufacturing Philippines and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Manufacturing Philippines's current Cyclically Adjusted PB Ratio is 0.66, which is 25% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Manufacturing Philippines stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Manufacturing Philippines (PHS:PMPC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱6.44, compared to a current price of ₱8.50 — trading 32% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is 25% above median its 10-year median of 0.53 and 69.6% below the Hardware industry median of 2.17. Panasonic Manufacturing Philippines' overall GF Score™ is 77/100 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 Panasonic Manufacturing Philippines (PHS:PMPC), the current Cyclically Adjusted PB Ratio is 0.66 as of Jul. 01, 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 Panasonic Manufacturing Philippines (PHS:PMPC) Overvalued in 2026?

Based on GuruFocus' analysis, Panasonic Manufacturing Philippines stock appears to be overvalued. The current stock price of ₱8.50 is trading 32% above its estimated GF Value™ of ₱6.44. GuruFocus considers Panasonic Manufacturing Philippines to be Significantly Overvalued.

Key valuation signals for PHS:PMPC:

  • Cyclically Adjusted PB Ratio: 0.66 (25% above median its 10-year median of 0.53)
  • GF Value™: ₱6.44 vs. price of ₱8.50 (32% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 69.6% below the Hardware median (#355 of 1980)

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


Panasonic Manufacturing Philippines Business Description

Address Ortigas Avenue Extension, Barrio Mapandan, Barangay San Isidro, Rizal, Taytay, RIZ, PHL, 1920
Panasonic Manufacturing Philippines Corp is a manufacturer, importer, and distributor of electronic, electrical, mechanical, and electro-mechanical appliances, and other types of machinery, parts, components, and batteries. The business of the company operates in segments that include Consumer, which sells products for the media and entertainment industry; System Solutions Group, which sells security systems and projectors; Electric Works (EW) includes lamps, ventilation fans, Panasonic Nanoe Generator (PNG), and other lighting accessories and others, which sells supermarket refrigeration products. It sells all its products under the brand name Panasonic. Its geographical segments are the Philippines, Hong Kong, and Taiwan.
77GF Score

Get the complete analysis for PHS:PMPC

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

₱8.50
Price
₱6.44
GF Value