Victorias Milling Co (PHS:VMC) E10: ₱0.20 (As of Feb. 2026)


PHS:VMC Victorias Milling Co Inc PHS:VMC
89 GF Score
Price ₱1.98
GF Value ₱1.98
Valuation Fairly Valued
! 4 Warning Signs
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What is Victorias Milling Co E10?

Victorias Milling Co PHS:VMC -1.00% 89 E10 is ₱0.20 as of Feb. 2026. GuruFocus rates PHS:VMC with a GF Score™ of 89/100 and a GF Value™ of ₱1.98 (Fairly Valued). The stock has 4 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.

Victorias Milling Co's adjusted earnings per share data for the three months ended in Feb. 2026 was ₱0.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₱0.20 for the trailing ten years ended in Feb. 2026.

During the past 3 years, the average E10 Growth Rate was 9.50% per year. During the past 5 years, the average E10 Growth Rate was 10.80% 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 Victorias Milling Co was 12.60% per year. The lowest was 9.50% per year. And the median was 10.80% per year.

As of today (2026-06-26), Victorias Milling Co's current stock price is ₱1.98. Victorias Milling Co's E10 for the quarter that ended in Feb. 2026 was ₱0.20. Victorias Milling Co's Shiller PE Ratio of today is 9.90.

During the past 13 years, the highest Shiller PE Ratio of Victorias Milling Co was 15.56. The lowest was 7.03. And the median was 9.50.


Victorias Milling Co  (PHS:VMC) 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.

Victorias Milling Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.98/0.20
=9.90

* 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 Victorias Milling Co was 15.56. The lowest was 7.03. And the median was 9.50.


Be Aware

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


Victorias Milling Co E10 Related Terms


Victorias Milling Co E10 Historical Data

* Premium members only.

The historical data trend for Victorias Milling Co'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.

Victorias Milling Co E10 Chart

Victorias Milling Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.16 0.18 0.20 0.21

Victorias Milling Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.20 0.19 0.21 0.21 0.20

PHS:VMC vs MDLZ, HSY, TR: E10 Comparison

For the Confectioners subindustry, Victorias Milling Co'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.


Victorias Milling Co Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Victorias Milling Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Victorias Milling Co's Shiller PE Ratio falls into.


PHS:VMC
89GF Score
Victorias Milling Co Inc PHS:VMC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Victorias Milling Co 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, Victorias Milling Co's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.09/326.7850*326.7850
=0.090

Current CPI (Feb. 2026) = 326.7850.

Victorias Milling Co Quarterly Data

per share eps CPI Adj_EPS
201605 0.002 240.229 0.003
201608 -0.010 240.849 -0.014
201611 0.020 241.353 0.027
201702 0.070 243.603 0.094
201705 0.080 244.733 0.107
201708 -0.045 245.519 -0.060
201711 0.010 246.669 0.013
201802 0.030 248.991 0.039
201805 0.030 251.588 0.039
201808 0.070 252.146 0.091
201811 0.015 252.038 0.019
201902 0.045 252.776 0.058
201905 0.045 256.092 0.057
201908 0.050 256.558 0.064
201911 0.015 257.208 0.019
202002 0.055 258.678 0.069
202005 0.035 256.394 0.045
202008 0.055 259.918 0.069
202011 0.015 260.229 0.019
202102 0.040 263.014 0.050
202105 0.060 269.195 0.073
202108 -0.015 273.567 -0.018
202111 0.025 277.948 0.029
202202 0.065 283.716 0.075
202205 0.045 292.296 0.050
202208 0.040 296.171 0.044
202211 0.140 297.711 0.154
202302 0.045 300.840 0.049
202305 0.125 304.127 0.134
202308 -0.025 307.026 -0.027
202311 0.060 307.051 0.064
202402 0.060 310.326 0.063
202405 0.105 314.069 0.109
202408 0.060 314.796 0.062
202411 0.070 315.493 0.073
202502 0.090 319.082 0.092
202505 0.070 321.465 0.071
202508 0.020 323.976 0.020
202511 0.030 324.122 0.030
202602 0.090 326.785 0.090

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 ₱0.20 mean?
Victorias Milling Co (PHS:VMC) has a E10 of ₱0.20 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Victorias Milling Co and its competitors.
Is Victorias Milling Co's E10 too high?
Victorias Milling Co's current E10 is ₱0.20. Overall, Victorias Milling Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Victorias Milling Co's E10 compare to MDLZ and HSY?
Victorias Milling Co's E10 of ₱0.20 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Victorias Milling Co and its competitors. Victorias Milling Co's current E10 is ₱0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victorias Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Victorias Milling Co (PHS:VMC) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.98, compared to a current price of ₱1.98 — trading right at its estimated fair value. The current E10 is ₱0.20. Victorias Milling Co's overall GF Score™ is 89/100 with 4 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 Victorias Milling Co (PHS:VMC), the current E10 is ₱0.20 as of Feb. 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 Victorias Milling Co (PHS:VMC) Overvalued in 2026?

Based on GuruFocus' analysis, Victorias Milling Co stock appears to be undervalued. The current stock price of ₱1.98 is trading 0% below its estimated GF Value™ of ₱1.98. GuruFocus considers Victorias Milling Co to be Fairly Valued.

Key valuation signals for PHS:VMC:

  • E10: ₱0.20
  • GF Value™: ₱1.98 vs. price of ₱1.98 (0% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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


Victorias Milling Co Business Description

Address J.J. Ossorio Street, VMC Compound, Barangay XVI, Negros Occidental, Victorias, NEC, PHL, 6119
Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company offers milling and tolling services to planters and sells raw sugar, refined sugar, molasses, and renewable energy. The company operates through business segments that include Sugar Milling, Renewable Energy Operations, and Others. The Sugar Milling segment generates maximum revenue for the company.
89GF Score

Get the complete analysis for PHS:VMC

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

₱1.98
Price
₱1.98
GF Value