SBS Philippines (PHS:SBS) E10: ₱0.18 (As of Mar. 2026)


PHS:SBS SBS Philippines Corp PHS:SBS
64 GF Score
Price ₱3.20
GF Value ₱3.28
Valuation Fairly Valued
! 6 Warning Signs
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What is SBS Philippines E10?

SBS Philippines PHS:SBS 64 E10 is ₱0.18 as of Mar. 2026. GuruFocus rates PHS:SBS with a GF Score™ of 64/100 and a GF Value™ of ₱3.28 (Fairly Valued). The stock has 6 warning signs 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.

SBS Philippines's adjusted earnings per share data for the three months ended in Mar. 2026 was ₱0.006. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱0.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SBS Philippines's average E10 Growth Rate was -5.30% 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.

As of today (2026-06-26), SBS Philippines's current stock price is ₱3.20. SBS Philippines's E10 for the quarter that ended in Mar. 2026 was ₱0.18. SBS Philippines's Shiller PE Ratio of today is 17.78.

During the past 13 years, the highest Shiller PE Ratio of SBS Philippines was 23.73. The lowest was 0.31. And the median was 17.88.


SBS Philippines  (PHS:SBS) 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.

SBS Philippines's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3.20/0.18
=17.78

* 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 SBS Philippines was 23.73. The lowest was 0.31. And the median was 17.88.


Be Aware

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


SBS Philippines E10 Related Terms


SBS Philippines E10 Historical Data

* Premium members only.

The historical data trend for SBS Philippines'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.

SBS Philippines E10 Chart

SBS Philippines 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 0.00 0.00 0.00 0.19 0.18

SBS Philippines 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 0.19 0.18 0.18 0.18 0.18

PHS:SBS vs DOW: E10 Comparison

For the Chemicals subindustry, SBS Philippines'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.


SBS Philippines Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SBS Philippines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SBS Philippines's Shiller PE Ratio falls into.


PHS:SBS
64GF Score
SBS Philippines Corp PHS:SBS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBS Philippines 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, SBS Philippines'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)
=0.006/330.2130*330.2130
=0.006

Current CPI (Mar. 2026) = 330.2130.

SBS Philippines Quarterly Data

per share eps CPI Adj_EPS
201606 0.562 241.018 0.770
201609 0.041 241.428 0.056
201612 0.025 241.432 0.034
201703 0.016 243.801 0.022
201706 0.016 244.955 0.022
201709 0.008 246.819 0.011
201712 0.016 246.524 0.021
201803 0.016 249.554 0.021
201806 0.002 251.989 0.003
201809 0.005 252.439 0.007
201812 0.065 251.233 0.085
201903 0.002 254.202 0.003
201906 0.005 256.143 0.006
201909 0.016 256.759 0.021
201912 -0.020 256.974 -0.026
202003 0.008 258.115 0.010
202006 -0.007 257.797 -0.009
202009 0.005 260.280 0.006
202012 0.362 260.474 0.459
202103 -0.011 264.877 -0.014
202106 0.104 271.696 0.126
202109 -0.001 274.310 -0.001
202112 -0.002 278.802 -0.002
202203 0.016 287.504 0.018
202206 0.020 296.311 0.022
202209 0.014 296.808 0.016
202212 0.014 296.797 0.016
202303 0.007 301.836 0.008
202306 0.003 305.109 0.003
202309 0.003 307.789 0.003
202312 0.010 306.746 0.011
202403 0.007 312.332 0.007
202406 -0.001 314.175 -0.001
202409 0.005 315.301 0.005
202412 0.003 315.605 0.003
202503 0.009 319.799 0.009
202506 0.004 322.561 0.004
202509 0.003 324.800 0.003
202512 -0.004 324.054 -0.004
202603 0.006 330.213 0.006

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 ₱0.18 mean?
SBS Philippines (PHS:SBS) has a E10 of ₱0.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SBS Philippines and its competitors.
Is SBS Philippines' E10 too high?
SBS Philippines' current E10 is ₱0.18. Overall, SBS Philippines has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBS Philippines' E10 compare to DOW?
SBS Philippines' E10 of ₱0.18 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 SBS Philippines and its competitors. SBS Philippines's current E10 is ₱0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Philippines stock overvalued right now?
Based on GuruFocus' analysis, SBS Philippines (PHS:SBS) is currently considered Fairly Valued. The stock's GF Value™ is ₱3.28, compared to a current price of ₱3.20 — trading 2.4% below its estimated fair value. The current E10 is ₱0.18. SBS Philippines' overall GF Score™ is 64/100 with 6 warning signs 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 SBS Philippines (PHS:SBS), the current E10 is ₱0.18 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 SBS Philippines (PHS:SBS) Overvalued in 2026?

Based on GuruFocus' analysis, SBS Philippines stock appears to be undervalued. The current stock price of ₱3.20 is trading 2.4% below its estimated GF Value™ of ₱3.28. GuruFocus considers SBS Philippines to be Fairly Valued.

Key valuation signals for PHS:SBS:

  • E10: ₱0.18
  • GF Value™: ₱3.28 vs. price of ₱3.20 (2.4% below fair value)
  • GF Score™: 64/100 with 6 warning signs

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


SBS Philippines Business Description

Address No. 10 Resthaven Street, San Francisco Del Monte, Metro Manila, Quezon, PHL, 1105
SBS Philippines Corp is engaged in chemical trading and distribution. The Company offers a comprehensive selection of chemical products to service the following industries: food ingredients, industrial, animal health and nutrition including feeds and veterinary care, pharmaceutical, home and personal care and environment and infrastructure, and many others. It also provides value-added service to its customers by providing logistics management in sourcing, procuring, warehousing and transporting the chemical products and materials. It derives maximum revenue from food Ingredients.
64GF Score

Get the complete analysis for PHS:SBS

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

₱3.20
Price
₱3.28
GF Value