San Miguel Food And Beverage (PHS:FB) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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PHS:FB San Miguel Food And Beverage Inc PHS:FB
90 GF Score
Price ₱43.00
GF Value ₱55.50
Valuation Modestly Undervalued
! 3 Warning Signs
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What is San Miguel Food And Beverage Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


San Miguel Food And Beverage  (PHS:FB) 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.


San Miguel Food And Beverage Cyclically Adjusted PS Ratio Related Terms


San Miguel Food And Beverage Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for San Miguel Food And Beverage'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.

San Miguel Food And Beverage Cyclically Adjusted PS Ratio Chart

San Miguel Food And Beverage 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 1.22 0.63 0.83 0.85 0.89

San Miguel Food And Beverage 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 0.72 0.72 0.76 0.71 0.67

PHS:FB vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, San Miguel Food And Beverage'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.


San Miguel Food And Beverage Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, San Miguel Food And Beverage's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where San Miguel Food And Beverage's Cyclically Adjusted PS Ratio falls into.


PHS:FB
90GF Score
San Miguel Food And Beverage Inc PHS:FB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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San Miguel Food And Beverage 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.

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

For example, San Miguel Food And Beverage'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)
=17.287/333.9520*333.9520
=17.287

Current CPI (Jun. 2026) = 333.9520.

San Miguel Food And Beverage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.456 241.428 22.763
201612 18.602 241.432 25.731
201703 15.997 243.801 21.912
201706 37.181 244.955 50.690
201709 36.784 246.819 49.770
201712 1.204 246.524 1.631
201803 1.118 249.554 1.496
201806 12.091 251.989 16.024
201809 11.707 252.439 15.487
201812 13.497 251.233 17.941
201903 12.803 254.202 16.820
201906 12.769 256.143 16.648
201909 12.736 256.759 16.565
201912 14.286 256.974 18.565
202003 11.680 258.115 15.112
202006 9.104 257.797 11.793
202009 12.141 260.280 15.577
202012 14.339 260.474 18.384
202103 12.923 264.877 16.293
202106 11.918 271.696 14.649
202109 12.684 274.310 15.442
202112 14.897 278.802 17.844
202203 14.056 287.504 16.327
202206 15.073 296.311 16.988
202209 15.132 296.808 17.026
202212 16.468 296.797 18.530
202303 15.770 301.836 17.448
202306 15.468 305.109 16.930
202309 15.581 307.789 16.905
202312 17.458 306.746 19.006
202403 16.150 312.332 17.268
202406 16.491 314.175 17.529
202409 16.622 315.301 17.605
202412 18.575 315.605 19.655
202503 16.733 319.799 17.474
202506 17.316 322.561 17.928
202509 17.214 324.800 17.699
202512 19.654 324.054 20.254
202603 17.448 330.213 17.646
202606 17.287 333.952 17.287

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 San Miguel Food And Beverage (PHS:FB) Overvalued in 2026?

Based on GuruFocus' analysis, San Miguel Food And Beverage stock appears to be undervalued. The current stock price of ₱43.00 is trading 22.5% below its estimated GF Value™ of ₱55.50. GuruFocus considers San Miguel Food And Beverage to be Modestly Undervalued.

Key valuation signals for PHS:FB:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₱55.50 vs. price of ₱43.00 (22.5% below fair value)
  • GF Score™: 90/100 with 3 warning signs

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


San Miguel Food And Beverage Business Description

Address 40 San Miguel Avenue, Metro Manila, Mandaluyong, PHL, 1555
San Miguel Food And Beverage Inc is a food company located in the Philippines. The Company has three primary operating segments: Beer and non-alcoholic beverages (NAB), Spirits, and Food. The Beer and NAB segment and the Spirits segment comprise the beverage business.
90GF Score

Get the complete analysis for PHS:FB

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

₱43.00
Price
₱55.50
GF Value