SBS Philippines (PHS:SBS) Cyclically Adjusted PB Ratio: 1.02 (As of Jul. 09, 2026) — Near Median


PHS:SBS SBS Philippines Corp PHS:SBS
70 GF Score
Price ₱3.33
GF Value ₱3.29
Valuation Fairly Valued
! 6 Warning Signs
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What is SBS Philippines Cyclically Adjusted PB Ratio?

SBS Philippines PHS:SBS -0.60% 70 Cyclically Adjusted PB Ratio is 1.02 as of Jul. 09, 2026, which is 6% below its 10-year median of 1.08. GuruFocus rates PHS:SBS with a GF Score™ of 70/100 and a GF Value™ of ₱3.29 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,284 Chemicals companies, SBS Philippines ranks better than 69.16% on this metric.

As of today (2026-07-09), SBS Philippines's current share price is ₱3.33. SBS Philippines's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱3.27. SBS Philippines's Cyclically Adjusted PB Ratio for today is 1.02.

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

PHS:SBS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.08   Max: 1.48
Current: 1.02

During the past years, SBS Philippines's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.90. And the median was 1.08.

PHS:SBS's Cyclically Adjusted PB Ratio is ranked better than
69.16% of 1284 companies
in the Chemicals industry
Industry Median: 1.78 vs PHS:SBS: 1.02

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.

SBS Philippines's adjusted book value per share data for the three months ended in Mar. 2026 was ₱3.077. 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 ₱3.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBS Philippines  (PHS:SBS) 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.


SBS Philippines Cyclically Adjusted PB Ratio Related Terms


SBS Philippines Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SBS 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.

SBS Philippines Cyclically Adjusted PB Ratio Chart

SBS Philippines 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 0.00 0.00 0.00 1.33 1.22

SBS Philippines 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 1.32 1.03 1.01 1.22 0.99

PHS:SBS vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, SBS 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.


SBS Philippines Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SBS Philippines's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


PHS:SBS
70GF Score
SBS Philippines Corp PHS:SBS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.33/3.27
=1.02

* 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.

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

For example, SBS Philippines'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)
=3.077/330.2130*330.2130
=3.077

Current CPI (Mar. 2026) = 330.2130.

SBS Philippines Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.962 241.018 2.688
201609 2.003 241.428 2.740
201612 2.060 241.432 2.818
201703 1.918 243.801 2.598
201706 2.148 244.955 2.896
201709 2.173 246.819 2.907
201712 2.510 246.524 3.362
201803 2.520 249.554 3.334
201806 2.508 251.989 3.287
201809 2.513 252.439 3.287
201812 2.590 251.233 3.404
201903 2.574 254.202 3.344
201906 2.579 256.143 3.325
201909 2.594 256.759 3.336
201912 2.582 256.974 3.318
202003 2.588 258.115 3.311
202006 2.581 257.797 3.306
202009 2.586 260.280 3.281
202012 2.956 260.474 3.747
202103 2.947 264.877 3.674
202106 3.049 271.696 3.706
202109 3.049 274.310 3.670
202112 3.037 278.802 3.597
202203 3.053 287.504 3.507
202206 3.053 296.311 3.402
202209 3.067 296.808 3.412
202212 3.081 296.797 3.428
202303 3.088 301.836 3.378
202306 3.092 305.109 3.346
202309 3.095 307.789 3.320
202312 3.105 306.746 3.343
202403 3.112 312.332 3.290
202406 3.106 314.175 3.265
202409 3.111 315.301 3.258
202412 3.115 315.605 3.259
202503 3.069 319.799 3.169
202506 3.073 322.561 3.146
202509 3.076 324.800 3.127
202512 3.071 324.054 3.129
202603 3.077 330.213 3.077

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 1.02 mean?
SBS Philippines (PHS:SBS) has a Cyclically Adjusted PB Ratio of 1.02 as of Jul. 09, 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 SBS Philippines and its competitors. This is near median its historical median of 1.08. Over the past decade, SBS Philippines' Cyclically Adjusted PB Ratio has ranged from 0.90 to 1.48. According to the industry distribution chart, SBS Philippines ranks #396 out of 1284 companies in the Chemicals industry, placing it in the top 30.8%.
Is SBS Philippines' Cyclically Adjusted PB Ratio too high?
SBS Philippines' current Cyclically Adjusted PB Ratio of 1.02 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.48. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.78. SBS Philippines' value of 1.02 is 42.7% below this industry median. Based on the distribution chart, SBS Philippines ranks #396 out of 1284 companies in the Chemicals industry, which is above the industry midpoint. Overall, SBS Philippines has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBS Philippines' Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, SBS Philippines ranks #396 out of 1284 companies for Cyclically Adjusted PB Ratio. This puts SBS Philippines in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. SBS Philippines' value of 1.02 is 42.7% below this benchmark. Historically, SBS Philippines' own Cyclically Adjusted PB Ratio has ranged from 0.90 to 1.48 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.78, SBS 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.78, based on 1,284 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. SBS Philippines's current Cyclically Adjusted PB Ratio of 1.02 is 42.7% 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 SBS Philippines and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Philippines's current Cyclically Adjusted PB Ratio is 1.02, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Philippines stock overvalued right now?
Based on GuruFocus' analysis, SBS Philippines (PHS:SBS) is currently considered Fairly Valued. The stock's GF Value™ is ₱3.29, compared to a current price of ₱3.33 — trading 1.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.02, which is near median its 10-year median of 1.08 and 42.7% below the Chemicals industry median of 1.78. SBS Philippines' overall GF Score™ is 70/100 with 6 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 SBS Philippines (PHS:SBS), the current Cyclically Adjusted PB Ratio is 1.02 as of Jul. 09, 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 SBS Philippines (PHS:SBS) Overvalued in 2026?

Based on GuruFocus' analysis, SBS Philippines stock appears to be overvalued. The current stock price of ₱3.33 is trading 1.2% above its estimated GF Value™ of ₱3.29. GuruFocus considers SBS Philippines to be Fairly Valued.

Key valuation signals for PHS:SBS:

  • Cyclically Adjusted PB Ratio: 1.02 (near median its 10-year median of 1.08)
  • GF Value™: ₱3.29 vs. price of ₱3.33 (1.2% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 42.7% below the Chemicals median (#396 of 1284)

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


SBS Philippines Business Description

Address No. 10 Resthaven Street, San Francisco Del Monte, Metro Manila, Quezon, PHL, 1105
SBS Philippines Corp is engaged in chemical trading and distribution. The Company offers a comprehensive selection of chemical products to service the following industries: food ingredients, industrial, animal health and nutrition including feeds and veterinary care, pharmaceutical, home and personal care and environment and infrastructure, and many others. It also provides value-added service to its customers by providing logistics management in sourcing, procuring, warehousing and transporting the chemical products and materials. It derives maximum revenue from food Ingredients.
70GF Score

Get the complete analysis for PHS:SBS

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

₱3.33
Price
₱3.29
GF Value