GBSMF (Ginebran Miguel) E10: $0.16 (As of Mar. 2026)


GBSMF Ginebra San Miguel Inc GBSMF
95 GF Score
Price $2.09
GF Value $2.30
! 1 Warning Sign
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What is Ginebran Miguel E10?

Ginebran Miguel GBSMF 95 E10 is $0.16 as of Mar. 2026. GuruFocus rates GBSMF with a GF Score™ of 95/100 and a GF Value™ of $2.30. The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ginebran Miguel's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.131. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ginebran Miguel's average E10 Growth Rate was 22.20% per year. During the past 3 years, the average E10 Growth Rate was 27.00% per year. During the past 5 years, the average E10 Growth Rate was 31.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Ginebran Miguel was 37.30% per year. The lowest was 13.30% per year. And the median was 28.60% per year.

As of today (2026-06-27), Ginebran Miguel's current stock price is $2.08972. Ginebran Miguel's E10 for the quarter that ended in Mar. 2026 was $0.16. Ginebran Miguel's Shiller PE Ratio of today is 13.06.

During the past 13 years, the highest Shiller PE Ratio of Ginebran Miguel was 18.71. The lowest was 5.24. And the median was 12.55.


Ginebran Miguel  (OTCPK:GBSMF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ginebran Miguel's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.08972/0.16
=13.06

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Ginebran Miguel was 18.71. The lowest was 5.24. And the median was 12.55.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Ginebran Miguel E10 Related Terms


Ginebran Miguel E10 Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel's E10 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 E10 Chart

Ginebran Miguel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.20 0.16 0.13 0.14

Ginebran Miguel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.12 0.13 0.14 0.14 0.16

GBSMF vs BF.B: E10 Comparison

For the Beverages - Wineries & Distilleries subindustry, Ginebran Miguel's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Beverages - Alcoholic Industry

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

* The bar in red indicates where Ginebran Miguel's Shiller PE Ratio falls into.


GBSMF
95GF Score
Ginebra San Miguel Inc GBSMF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Ginebran Miguel E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Ginebran Miguel's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.131/330.2130*330.2130
=0.131

Current CPI (Mar. 2026) = 330.2130.

Ginebran Miguel Quarterly Data

per share eps CPI Adj_EPS
201606 0.004 241.018 0.005
201609 0.005 241.428 0.007
201612 0.006 241.432 0.008
201703 0.007 243.801 0.009
201706 0.703 244.955 0.948
201709 0.009 246.819 0.012
201712 0.009 246.524 0.012
201803 0.014 249.554 0.019
201806 0.014 251.989 0.018
201809 0.015 252.439 0.020
201812 0.014 251.233 0.018
201903 0.034 254.202 0.044
201906 0.020 256.143 0.026
201909 0.019 256.759 0.024
201912 0.019 256.974 0.024
202003 0.026 258.115 0.033
202006 0.044 257.797 0.056
202009 0.054 260.280 0.069
202012 0.030 260.474 0.038
202103 0.059 264.877 0.074
202106 0.060 271.696 0.073
202109 0.062 274.310 0.075
202112 0.058 278.802 0.069
202203 0.080 287.504 0.092
202206 0.062 296.311 0.069
202209 0.051 296.808 0.057
202212 0.066 296.797 0.073
202303 0.144 301.836 0.158
202306 0.088 305.109 0.095
202309 0.081 307.789 0.087
202312 0.089 306.746 0.096
202403 0.109 312.332 0.115
202406 0.101 314.175 0.106
202409 0.101 315.301 0.106
202412 0.104 315.605 0.109
202503 0.121 319.799 0.125
202506 0.122 322.561 0.125
202509 0.120 324.800 0.122
202512 0.133 324.054 0.136
202603 0.131 330.213 0.131

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.16 mean?
Ginebran Miguel (GBSMF) has a E10 of $0.16 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ginebran Miguel and its competitors.
Is Ginebran Miguel's E10 too high?
Ginebran Miguel's current E10 is $0.16. Overall, Ginebran Miguel has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's E10 compare to BF.B?
Ginebran Miguel's E10 of $0.16 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Beverages - Alcoholic company?
A good E10 depends on the Beverages - Alcoholic industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ginebran Miguel and its competitors. Ginebran Miguel's current E10 is $0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginebran Miguel stock overvalued right now?
Ginebran Miguel (GBSMF) has a current E10 of $0.16. The stock's GF Value™ is $2.30, compared to a current price of $2.09 — trading 9.1% below its estimated fair value. The current E10 is $0.16. Ginebran Miguel's overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Ginebran Miguel (GBSMF), the current E10 is $0.16 as of Mar. 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 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 9.1% below its estimated GF Value™ of $2.30.

Key valuation signals for GBSMF:

  • E10: $0.16
  • GF Value™: $2.30 vs. price of $2.09 (9.1% below fair value)
  • GF Score™: 95/100 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.
95GF Score

Get the complete analysis for GBSMF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.09
Price
$2.30
GF Value