GBSMF (Ginebran Miguel) Cyclically Adjusted PS Ratio: (As of Aug. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GBSMF Ginebra San Miguel Inc GBSMF
89 GF Score
Price $2.09
GF Value $2.51
! 1 Warning Sign
View Full Analysis

What is Ginebran Miguel Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ginebran Miguel  (OTCPK:GBSMF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Ginebran Miguel Cyclically Adjusted PS Ratio Related Terms


Ginebran Miguel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel's Cyclically Adjusted PS 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.

Ginebran Miguel Cyclically Adjusted PS Ratio Chart

Ginebran Miguel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 1.00 1.39 1.97 1.86

Ginebran Miguel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 1.93 1.80 1.86 1.66 0.00

GBSMF vs BF.B: Cyclically Adjusted PS Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, Ginebran Miguel's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Ginebran Miguel Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ginebran Miguel's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ginebran Miguel's Cyclically Adjusted PS Ratio falls into.


GBSMF
89GF Score
Ginebra San Miguel Inc GBSMF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ginebran Miguel Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Ginebran Miguel's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ginebran Miguel's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.889/333.9520*333.9520
=0.889

Current CPI (Jun. 2026) = 333.9520.

Ginebran Miguel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.242 241.428 0.335
201612 0.306 241.432 0.423
201703 0.293 243.801 0.401
201706 0.284 244.955 0.387
201709 0.277 246.819 0.375
201712 0.317 246.524 0.429
201803 0.367 249.554 0.491
201806 0.311 251.989 0.412
201809 0.319 252.439 0.422
201812 0.394 251.233 0.524
201903 0.471 254.202 0.619
201906 0.354 256.143 0.462
201909 0.369 256.759 0.480
201912 0.435 256.974 0.565
202003 0.425 258.115 0.550
202006 0.415 257.797 0.538
202009 0.590 260.280 0.757
202012 0.619 260.474 0.794
202103 0.646 264.877 0.814
202106 0.507 271.696 0.623
202109 0.597 274.310 0.727
202112 0.673 278.802 0.806
202203 0.719 287.504 0.835
202206 0.600 296.311 0.676
202209 0.649 296.808 0.730
202212 0.730 296.797 0.821
202303 0.737 301.836 0.815
202306 0.710 305.109 0.777
202309 0.770 307.789 0.835
202312 0.839 306.746 0.913
202403 0.861 312.332 0.921
202406 0.848 314.175 0.901
202409 0.888 315.301 0.941
202412 0.965 315.605 1.021
202503 0.927 319.799 0.968
202506 0.910 322.561 0.942
202509 0.935 324.800 0.961
202512 1.065 324.054 1.098
202603 0.953 330.213 0.964
202606 0.889 333.952 0.889

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

Is Ginebran Miguel (GBSMF) Overvalued in 2026?

Based on GuruFocus' analysis, Ginebran Miguel stock appears to be undervalued. The current stock price of $2.09 is trading 16.7% below its estimated GF Value™ of $2.51.

Key valuation signals for GBSMF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $2.51 vs. price of $2.09 (16.7% below fair value)
  • GF Score™: 89/100 with 1 warning sign

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


Ginebran Miguel Business Description

Other Exchanges GSMI:Philippines
Address St. Francis Street, Ortigas Center, 3rd and 6th Floor, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names: Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.
89GF Score

Get the complete analysis for GBSMF

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

$2.09
Price
$2.51
GF Value