SBS Philippines (PHS:SBS) Net Cash per Share: ₱-0.75 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PHS:SBS SBS Philippines Corp PHS:SBS
62 GF Score
Price ₱3.23
GF Value ₱3.27
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is SBS Philippines Net Cash per Share?

SBS Philippines PHS:SBS 62 Net Cash per Share is ₱-0.75 as of Mar. 2026. GuruFocus rates PHS:SBS with a GF Score™ of 62/100 and a GF Value™ of ₱3.27 (Fairly Valued). The stock has 7 warning signs investors should review. Among 311 Chemicals companies, SBS Philippines ranks worse than 321543.09% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). SBS Philippines's Net Cash per Share for the quarter that ended in Mar. 2026 was ₱-0.75.

The historical rank and industry rank for SBS Philippines's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of SBS Philippines was 15.50. The lowest was 11.07. And the median was 13.19.

PHS:SBS's Price-to-Net-Cash is not ranked *
in the Chemicals industry.
Industry Median: 8.97
* Ranked among companies with meaningful Price-to-Net-Cash only.

SBS Philippines  (PHS:SBS) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


SBS Philippines Net Cash per Share Related Terms


SBS Philippines Net Cash per Share Historical Data

* Premium members only.

The historical data trend for SBS Philippines's Net Cash per Share 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 Net Cash per Share Chart

SBS Philippines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.02 -1.12 -1.10 -0.91 -0.76

SBS Philippines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Cash per Share 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 -0.90 -0.86 -0.86 -0.76 -0.75

PHS:SBS vs DOW: Net Cash per Share Comparison

For the Chemicals subindustry, SBS Philippines's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SBS Philippines's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where SBS Philippines's Price-to-Net-Cash falls into.


PHS:SBS
62GF Score
SBS Philippines Corp PHS:SBS
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBS Philippines Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

SBS Philippines's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1470.215-2211.832-699.565)/1891.000
=-0.76

SBS Philippines's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1773.098-2491.278-699.768)/1891.000
=-0.75

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of ₱-0.75 mean?
SBS Philippines (PHS:SBS) has a Net Cash per Share of ₱-0.75 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on SBS Philippines and its competitors. Over the past decade, SBS Philippines' Net Cash per Share has ranged from 11.07 to 15.50. According to the industry distribution chart, SBS Philippines ranks #999999 out of 311 companies in the Chemicals industry.
Is SBS Philippines' Net Cash per Share too high?
SBS Philippines' current Net Cash per Share is ₱-0.75. Over the past 10 years, this metric has ranged from a low of 11.07 to a high of 15.50. Based on the distribution chart, SBS Philippines ranks #999999 out of 311 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, SBS Philippines has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBS Philippines' Net Cash per Share compare to DOW?
According to the Chemicals industry distribution chart, SBS Philippines ranks #999999 out of 311 companies for Net Cash per Share. This places SBS Philippines in the lower half of its industry. The industry median Net Cash per Share is 8.97. Historically, SBS Philippines' own Net Cash per Share has ranged from 11.07 to 15.50 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Chemicals company?
The median Net Cash per Share among Chemicals companies is 8.97, based on 311 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on SBS Philippines and its competitors. For the Chemicals industry, the median Net Cash per Share is 8.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBS Philippines's current Net Cash per Share is ₱-0.75. 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 ₱3.27, compared to a current price of ₱3.23 — trading 1.2% below its estimated fair value. The current Net Cash per Share is ₱-0.75. SBS Philippines' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For SBS Philippines (PHS:SBS), the current Net Cash per Share is ₱-0.75 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 ₱3.23 is trading 1.2% below its estimated GF Value™ of ₱3.27. GuruFocus considers SBS Philippines to be Fairly Valued.

Key valuation signals for PHS:SBS:

  • Net Cash per Share: ₱-0.75
  • GF Value™: ₱3.27 vs. price of ₱3.23 (1.2% below fair value)
  • GF Score™: 62/100 with 7 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.
62GF Score

Get the complete analysis for PHS:SBS

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

₱3.23
Price
₱3.27
GF Value