Ginebran MiguelPHS:GSMI -3.80%87 PB Ratio is 2.67 as of Jul. 01, 2026, which is 21% above its 10-year median of 2.21. GuruFocus rates PHS:GSMI with a GF Score™ of 87/100 and a GF Value™ of ₱296.53 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 205 Beverages - Alcoholic companies, Ginebran Miguel ranks worse than 73.17% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-01), Ginebran Miguel's share price is ₱253.00. Ginebran Miguel's Book Value per Share for the quarter that ended in Mar. 2026 was ₱94.66. Hence, Ginebran Miguel's PB Ratio of today is 2.67.
Good Sign:
Ginebra San Miguel Inc stock PB Ratio (=2.77) is close to 2-year low of 2.77.
The historical rank and industry rank for Ginebran Miguel's PB Ratio or its related term are showing as below:
PHS:GSMI'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 2.21 Max: 4.03
Current: 2.67
During the past 13 years, Ginebran Miguel's highest PB Ratio was 4.03. The lowest was 0.77. And the median was 2.21.
PHS:GSMI's PB Ratio is ranked worse than 73.17% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 1.66
vs PHS:GSMI: 2.67
During the past 12 months, Ginebran Miguel's average Book Value Per Share Growth Rate was 18.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 21.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 21.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ginebran Miguel was 26.40% per year. The lowest was -15.20% per year. And the median was 15.30% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Ginebran Miguel PB Ratio Related Terms
Ginebran Miguel PB Ratio Historical Data
* Premium members only.
The historical data trend for Ginebran Miguel's PB Ratio 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 Beverages - Wineries & Distilleries subindustry, Ginebran Miguel's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Ginebran Miguel's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ginebran Miguel's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Ginebran Miguel's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Ginebran Miguel (PHS:GSMI) has a PB Ratio of 2.67 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ginebran Miguel and its competitors. This is 21% above median its historical median of 2.21. Over the past decade, Ginebran Miguel's PB Ratio has ranged from 0.77 to 4.03. According to the industry distribution chart, Ginebran Miguel ranks #150 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 73.2%.
Is Ginebran Miguel's PB Ratio too high?
Ginebran Miguel's current PB Ratio of 2.67 is 21% above median its 10-year median of 2.21. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 4.03. The Beverages - Alcoholic industry median PB Ratio is 1.66. Ginebran Miguel's value of 2.67 is 60.8% above this industry median. Based on the distribution chart, Ginebran Miguel ranks #150 out of 205 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Ginebran Miguel has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's PB Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Ginebran Miguel ranks #150 out of 205 companies for PB Ratio. This places Ginebran Miguel in the lower half of its industry. The industry median PB Ratio is 1.66. Ginebran Miguel's value of 2.67 is 60.8% above this benchmark. Historically, Ginebran Miguel's own PB Ratio has ranged from 0.77 to 4.03 over the past decade. While the company's 10-year median is 2.21 vs. the industry median of 1.66, Ginebran Miguel 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 PB Ratio for a Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.66, based on 205 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ginebran Miguel's current PB Ratio of 2.67 is 60.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ginebran Miguel and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ginebran Miguel's current PB Ratio is 2.67, which is 21% above median its own 10-year median of 2.21. 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?
Based on GuruFocus' analysis, Ginebran Miguel (PHS:GSMI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱296.53, compared to a current price of ₱253.00 — trading 14.7% below its estimated fair value. The current PB Ratio is 2.67, which is 21% above median its 10-year median of 2.21 and 60.8% above the Beverages - Alcoholic industry median of 1.66. Ginebran Miguel's overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Ginebran Miguel (PHS:GSMI), the current PB Ratio is 2.67 as of Jul. 01, 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 (PHS:GSMI) Overvalued in 2026?
Based on GuruFocus' analysis, Ginebran Miguel stock appears to be undervalued.
The current stock price of ₱253.00 is trading 14.7% below its estimated GF Value™ of ₱296.53.
GuruFocus considers Ginebran Miguel to be Modestly Undervalued.
Key valuation signals for PHS:GSMI:
PB Ratio: 2.67 (21% above median its 10-year median of 2.21)
GF Value™: ₱296.53 vs. price of ₱253.00 (14.7% below fair value)
Industry Position: 60.8% above the Beverages - Alcoholic median (#150 of 205)
No single metric tells the full story. See the PHS:GSMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
87GF Score
Get the complete analysis for PHS:GSMI
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHS:GSMI has been successfully added to your 
