San Miguel Food And Beverage (PHS:FB) Cyclically Adjusted PS Ratio: 0.62 (As of Jul. 03, 2026) — 24% Below Median


PHS:FB San Miguel Food And Beverage Inc PHS:FB
87 GF Score
Price ₱49.80
GF Value ₱56.22
Valuation Modestly Undervalued
! 1 Warning Sign
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What is San Miguel Food And Beverage Cyclically Adjusted PS Ratio?

San Miguel Food And Beverage PHS:FB +0.40% 87 Cyclically Adjusted PS Ratio is 0.62 as of Jul. 03, 2026, which is 24% below its 10-year median of 0.82. GuruFocus rates PHS:FB with a GF Score™ of 87/100 and a GF Value™ of ₱56.22 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,448 Consumer Packaged Goods companies, San Miguel Food And Beverage ranks better than 55.11% on this metric.

As of today (2026-07-03), San Miguel Food And Beverage's current share price is ₱49.80. San Miguel Food And Beverage's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₱79.96. San Miguel Food And Beverage's Cyclically Adjusted PS Ratio for today is 0.62.

The historical rank and industry rank for San Miguel Food And Beverage's Cyclically Adjusted PS Ratio or its related term are showing as below:

PHS:FB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.82   Max: 1.7
Current: 0.62

During the past years, San Miguel Food And Beverage's highest Cyclically Adjusted PS Ratio was 1.70. The lowest was 0.45. And the median was 0.82.

PHS:FB's Cyclically Adjusted PS Ratio is ranked better than
55.11% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.75 vs PHS:FB: 0.62

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

San Miguel Food And Beverage's adjusted revenue per share data for the three months ended in Mar. 2026 was ₱17.448. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₱79.96 for the trailing ten years ended in Mar. 2026.

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 0.98 0.51 0.66 0.68 0.70

San Miguel Food And Beverage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.66 0.67 0.66 0.70 0.65

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
87GF 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.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.80/79.96
=0.62

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, San Miguel Food And Beverage's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=17.448/330.2130*330.2130
=17.448

Current CPI (Mar. 2026) = 330.2130.

San Miguel Food And Beverage Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.510 241.018 18.510
201609 13.624 241.428 18.634
201612 88.018 241.432 120.385
201703 15.997 243.801 21.667
201706 10.487 244.955 14.137
201709 10.375 246.819 13.880
201712 18.437 246.524 24.696
201803 11.184 249.554 14.799
201806 12.103 251.989 15.860
201809 11.140 252.439 14.572
201812 20.804 251.233 27.344
201903 12.803 254.202 16.631
201906 12.103 256.143 15.603
201909 12.059 256.759 15.509
201912 22.601 256.974 29.042
202003 11.680 258.115 14.943
202006 9.118 257.797 11.679
202009 12.163 260.280 15.431
202012 14.339 260.474 18.178
202103 12.923 264.877 16.111
202106 11.908 271.696 14.473
202109 12.753 274.310 15.352
202112 14.898 278.802 17.645
202203 14.056 287.504 16.144
202206 15.037 296.311 16.757
202209 15.200 296.808 16.911
202212 16.469 296.797 18.323
202303 15.770 301.836 17.253
202306 15.432 305.109 16.702
202309 15.632 307.789 16.771
202312 17.459 306.746 18.795
202403 12.028 312.332 12.717
202406 16.478 314.175 17.319
202409 16.629 315.301 17.415
202412 18.576 315.605 19.436
202503 16.733 319.799 17.278
202506 17.331 322.561 17.742
202509 17.236 324.800 17.523
202512 19.655 324.054 20.029
202603 17.448 330.213 17.448

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.

What does a Cyclically Adjusted PS Ratio of 0.62 mean?
San Miguel Food And Beverage (PHS:FB) has a Cyclically Adjusted PS Ratio of 0.62 as of Jul. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on San Miguel Food And Beverage and its competitors. This is 24% below median its historical median of 0.82. Over the past decade, San Miguel Food And Beverage's Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.70. According to the industry distribution chart, San Miguel Food And Beverage ranks #650 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 44.9%.
Is San Miguel Food And Beverage's Cyclically Adjusted PS Ratio too high?
San Miguel Food And Beverage's current Cyclically Adjusted PS Ratio of 0.62 is 24% below median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.70. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.75. San Miguel Food And Beverage's value of 0.62 is 17.3% below this industry median. Based on the distribution chart, San Miguel Food And Beverage ranks #650 out of 1448 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, San Miguel Food And Beverage has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does San Miguel Food And Beverage's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, San Miguel Food And Beverage ranks #650 out of 1448 companies for Cyclically Adjusted PS Ratio. This puts San Miguel Food And Beverage in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. San Miguel Food And Beverage's value of 0.62 is 17.3% below this benchmark. Historically, San Miguel Food And Beverage's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 1.70 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.75, San Miguel Food And Beverage 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 PS Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.75, based on 1,448 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. San Miguel Food And Beverage's current Cyclically Adjusted PS Ratio of 0.62 is 17.3% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on San Miguel Food And Beverage and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. San Miguel Food And Beverage's current Cyclically Adjusted PS Ratio is 0.62, which is 24% below median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is San Miguel Food And Beverage stock overvalued right now?
Based on GuruFocus' analysis, San Miguel Food And Beverage (PHS:FB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱56.22, compared to a current price of ₱49.80 — trading 11.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.62, which is 24% below median its 10-year median of 0.82 and 17.3% below the Consumer Packaged Goods industry median of 0.75. San Miguel Food And Beverage's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For San Miguel Food And Beverage (PHS:FB), the current Cyclically Adjusted PS Ratio is 0.62 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 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 ₱49.80 is trading 11.4% below its estimated GF Value™ of ₱56.22. GuruFocus considers San Miguel Food And Beverage to be Modestly Undervalued.

Key valuation signals for PHS:FB:

  • Cyclically Adjusted PS Ratio: 0.62 (24% below median its 10-year median of 0.82)
  • GF Value™: ₱56.22 vs. price of ₱49.80 (11.4% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 17.3% below the Consumer Packaged Goods median (#650 of 1448)

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.
87GF 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.

₱49.80
Price
₱56.22
GF Value