SBS PhilippinesPHS:SBS 69 Gross Margin % is 36.86% as of Mar. 2026, which is 8% above its 10-year median of 34.18. GuruFocus rates PHS:SBS with a GF Score™ of 69/100 and a GF Value™ of ₱3.28 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,565 Chemicals companies, SBS Philippines ranks better than 76.61% on this metric.
The historical rank and industry rank for SBS Philippines's Gross Margin % or its related term are showing as below:
PHS:SBS'
s Gross Margin % Range Over the Past 10 Years
Min: 20.78 Med: 34.18 Max: 39.06
Current: 35.78
During the past 13 years, the highestGross Margin % of SBS Philippines was 39.06%. The lowest was 20.78%. And the median was 34.18%.
PHS:SBS's Gross Margin % is ranked better than 76.61% of 1565
companies
in the Chemicals industry
Industry Median: 23.38
vs PHS:SBS: 35.78
SBS Philippines had a gross margin of 36.86% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for SBS Philippines was 1.40% per year.
SBS Philippines (PHS:SBS) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
SBS Philippines had a gross margin of 36.86% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
SBS Philippines Gross Margin % Related Terms
SBS Philippines Gross Margin % Historical Data
* Premium members only.
The historical data trend for SBS Philippines's Gross Margin % 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.
For the Chemicals subindustry, SBS Philippines's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SBS Philippines's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SBS Philippines's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
SBS Philippines (PHS:SBS) has a Gross Margin % of 36.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SBS Philippines and its competitors. This is near median its historical median of 34.18. Over the past decade, SBS Philippines' Gross Margin % has ranged from 20.78 to 39.06. According to the industry distribution chart, SBS Philippines ranks #366 out of 1565 companies in the Chemicals industry, placing it in the top 23.4%.
Is SBS Philippines' Gross Margin % too high?
SBS Philippines' current Gross Margin % of 36.86% is near median its 10-year median of 34.18. Over the past 10 years, this metric has ranged from a low of 20.78 to a high of 39.06. The Chemicals industry median Gross Margin % is 23.38. SBS Philippines' value of 36.86% is 57.7% above this industry median. Based on the distribution chart, SBS Philippines ranks #366 out of 1565 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, SBS Philippines has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBS Philippines' Gross Margin % compare to DOW?
According to the Chemicals industry distribution chart, SBS Philippines ranks #366 out of 1565 companies for Gross Margin %. This places SBS Philippines in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.38. SBS Philippines' value of 36.86% is 57.7% above this benchmark. Historically, SBS Philippines' own Gross Margin % has ranged from 20.78 to 39.06 over the past decade. While the company's 10-year median is 34.18 vs. the industry median of 23.38, SBS Philippines has consistently been above 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 Gross Margin % for a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,565 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBS Philippines's current Gross Margin % of 36.86% is 57.7% above 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on SBS Philippines and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Philippines's current Gross Margin % is 36.86%, which is near median its own 10-year median of 34.18. 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 Gross Margin % is 36.86%, which is near median its 10-year median of 34.18 and 57.7% above the Chemicals industry median of 23.38. SBS Philippines' overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For SBS Philippines (PHS:SBS), the current Gross Margin % is 36.86% 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:
Gross Margin %: 36.86% (near median its 10-year median of 34.18)
GF Value™: ₱3.28 vs. price of ₱3.20 (2.4% below fair value)
Industry Position: 57.7% above the Chemicals median (#366 of 1565)
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 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.
69GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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