SSI Group (PHS:SSI) Cyclically Adjusted PB Ratio: 0.51 (As of Jul. 03, 2026) — 32% Below Median


PHS:SSI SSI Group Inc PHS:SSI
93 GF Score
Price ₱2.21
GF Value ₱3.49
Valuation Significantly Undervalued
! 4 Warning Signs
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What is SSI Group Cyclically Adjusted PB Ratio?

SSI Group PHS:SSI -1.78% 93 Cyclically Adjusted PB Ratio is 0.51 as of Jul. 03, 2026, which is 32% below its 10-year median of 0.75. GuruFocus rates PHS:SSI with a GF Score™ of 93/100 and a GF Value™ of ₱3.49 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 806 Retail - Cyclical companies, SSI Group ranks better than 75.06% on this metric.

As of today (2026-07-03), SSI Group's current share price is ₱2.21. SSI Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱4.37. SSI Group's Cyclically Adjusted PB Ratio for today is 0.51.

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

PHS:SSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.75   Max: 1.13
Current: 0.54

During the past years, SSI Group's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.45. And the median was 0.75.

PHS:SSI's Cyclically Adjusted PB Ratio is ranked better than
75.06% of 806 companies
in the Retail - Cyclical industry
Industry Median: 1.24 vs PHS:SSI: 0.54

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.

SSI Group's adjusted book value per share data for the three months ended in Mar. 2026 was ₱5.354. 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 ₱4.37 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSI Group  (PHS:SSI) 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.


SSI Group Cyclically Adjusted PB Ratio Related Terms


SSI Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SSI Group'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.

SSI Group Cyclically Adjusted PB Ratio Chart

SSI Group 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 0.59 0.79 0.62

SSI Group 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 0.70 0.74 0.61 0.62 0.55

PHS:SSI vs TJX, ROST, BURL: Cyclically Adjusted PB Ratio Comparison

For the Apparel Retail subindustry, SSI Group'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.


SSI Group Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SSI Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

SSI Group 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.

SSI Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.21/4.37
=0.51

* 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.

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

For example, SSI Group'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)
=5.354/330.2130*330.2130
=5.354

Current CPI (Mar. 2026) = 330.2130.

SSI Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.006 241.018 4.118
201609 3.026 241.428 4.139
201612 3.008 241.432 4.114
201703 3.049 243.801 4.130
201706 3.091 244.955 4.167
201709 3.112 246.819 4.163
201712 3.090 246.524 4.139
201803 3.130 249.554 4.142
201806 3.176 251.989 4.162
201809 3.189 252.439 4.171
201812 3.269 251.233 4.297
201903 3.317 254.202 4.309
201906 3.370 256.143 4.345
201909 3.408 256.759 4.383
201912 3.455 256.974 4.440
202003 3.492 258.115 4.467
202006 3.314 257.797 4.245
202009 3.228 260.280 4.095
202012 3.166 260.474 4.014
202103 3.136 264.877 3.910
202106 3.113 271.696 3.783
202109 3.031 274.310 3.649
202112 3.238 278.802 3.835
202203 3.258 287.504 3.742
202206 3.386 296.311 3.773
202209 3.494 296.808 3.887
202212 3.792 296.797 4.219
202303 3.930 301.836 4.299
202306 3.991 305.109 4.319
202309 4.151 307.789 4.453
202312 4.450 306.746 4.790
202403 4.559 312.332 4.820
202406 4.513 314.175 4.743
202409 4.676 315.301 4.897
202412 5.056 315.605 5.290
202503 5.168 319.799 5.336
202506 5.040 322.561 5.160
202509 5.114 324.800 5.199
202512 5.307 324.054 5.408
202603 5.354 330.213 5.354

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 0.51 mean?
SSI Group (PHS:SSI) has a Cyclically Adjusted PB Ratio of 0.51 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 SSI Group and its competitors. This is 32% below median its historical median of 0.75. Over the past decade, SSI Group's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.13. According to the industry distribution chart, SSI Group ranks #201 out of 806 companies in the Retail - Cyclical industry, placing it in the top 24.9%.
Is SSI Group's Cyclically Adjusted PB Ratio too high?
SSI Group's current Cyclically Adjusted PB Ratio of 0.51 is 32% below median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.13. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.24. SSI Group's value of 0.51 is 58.9% below this industry median. Based on the distribution chart, SSI Group ranks #201 out of 806 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, SSI Group has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SSI Group's Cyclically Adjusted PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, SSI Group ranks #201 out of 806 companies for Cyclically Adjusted PB Ratio. This places SSI Group in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.24. SSI Group's value of 0.51 is 58.9% below this benchmark. Historically, SSI Group's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.13 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.24, SSI Group 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.24, based on 806 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. SSI Group's current Cyclically Adjusted PB Ratio of 0.51 is 58.9% 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 SSI Group and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SSI Group's current Cyclically Adjusted PB Ratio is 0.51, which is 32% below median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSI Group stock overvalued right now?
Based on GuruFocus' analysis, SSI Group (PHS:SSI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱3.49, compared to a current price of ₱2.21 — trading 36.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.51, which is 32% below median its 10-year median of 0.75 and 58.9% below the Retail - Cyclical industry median of 1.24. SSI Group's overall GF Score™ is 93/100 with 4 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 SSI Group (PHS:SSI), the current Cyclically Adjusted PB Ratio is 0.51 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 SSI Group (PHS:SSI) Overvalued in 2026?

Based on GuruFocus' analysis, SSI Group stock appears to be undervalued. The current stock price of ₱2.21 is trading 36.7% below its estimated GF Value™ of ₱3.49. GuruFocus considers SSI Group to be Significantly Undervalued.

Key valuation signals for PHS:SSI:

  • Cyclically Adjusted PB Ratio: 0.51 (32% below median its 10-year median of 0.75)
  • GF Value™: ₱3.49 vs. price of ₱2.21 (36.7% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 58.9% below the Retail - Cyclical median (#201 of 806)

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


SSI Group Business Description

Address 403 Senator Gil Puyat Avenue, 6th Floor, Midland Buendia Building, Makati City, PHL, 1200
SSI Group Inc together with its subsidiaries, operates specialty retail stores in the Philippines. The company operates a retail network consists of 628 stores located within approximately 110 malls across the Philippines, including Metro Manila, Luzon, Visayas, and Mindanao. The company provides a broad range of categories and brands, from luxury and bridge apparel to casual wear and fast fashion, as well as footwear, accessories, luggage, food, home and decor, and beauty and personal care.
93GF Score

Get the complete analysis for PHS:SSI

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

₱2.21
Price
₱3.49
GF Value