SPC PowerPHS:SPC 84 PB Ratio is 1.36 as of Jun. 27, 2026, which is 18% above its 10-year median of 1.15. GuruFocus rates PHS:SPC with a GF Score™ of 84/100 and a GF Value™ of ₱9.26 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 502 Utilities - Regulated companies, SPC Power ranks better than 53.39% 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 (2026-06-27), SPC Power's share price is ₱10.80. SPC Power's Book Value per Share for the quarter that ended in Mar. 2026 was ₱7.93. Hence, SPC Power's PB Ratio of today is 1.36.
Warning Sign:
SPC Power Corp stock PB Ratio (=1.37) is close to 3-year high of 1.44.
The historical rank and industry rank for SPC Power's PB Ratio or its related term are showing as below:
PHS:SPC'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.15 Max: 2.37
Current: 1.36
During the past 13 years, SPC Power's highest PB Ratio was 2.37. The lowest was 0.69. And the median was 1.15.
PHS:SPC's PB Ratio is ranked better than 53.39% of 502
companies
in the Utilities - Regulated industry
Industry Median: 1.42
vs PHS:SPC: 1.36
During the past 12 months, SPC Power's average Book Value Per Share Growth Rate was 4.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SPC Power was 22.40% per year. The lowest was -2.00% per year. And the median was 6.00% 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.
SPC Power PB Ratio Related Terms
SPC Power PB Ratio Historical Data
* Premium members only.
The historical data trend for SPC Power'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 Utilities - Regulated Electric subindustry, SPC Power'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.
SPC Power PB Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, SPC Power's PB Ratio distribution charts can be found below:
* The bar in red indicates where SPC Power'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.
SPC Power'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.
SPC Power (PHS:SPC) has a PB Ratio of 1.36 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SPC Power and its competitors. This is 18% above median its historical median of 1.15. Over the past decade, SPC Power's PB Ratio has ranged from 0.69 to 2.37. According to the industry distribution chart, SPC Power ranks #234 out of 502 companies in the Utilities - Regulated industry, placing it in the top 46.6%.
Is SPC Power's PB Ratio too high?
SPC Power's current PB Ratio of 1.36 is 18% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.37. The Utilities - Regulated industry median PB Ratio is 1.42. SPC Power's value of 1.36 is 4.2% below this industry median. Based on the distribution chart, SPC Power ranks #234 out of 502 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, SPC Power has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPC Power's PB Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, SPC Power ranks #234 out of 502 companies for PB Ratio. This puts SPC Power in the upper half of its industry. The industry median PB Ratio is 1.42. SPC Power's value of 1.36 is 4.2% below this benchmark. Historically, SPC Power's own PB Ratio has ranged from 0.69 to 2.37 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.42, SPC Power has consistently been below 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 an Utilities - Regulated company?
The median PB Ratio among Utilities - Regulated companies is 1.42, based on 502 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. SPC Power's current PB Ratio of 1.36 is 4.2% below 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 SPC Power and its competitors. For the Utilities - Regulated industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPC Power's current PB Ratio is 1.36, which is 18% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPC Power stock overvalued right now?
Based on GuruFocus' analysis, SPC Power (PHS:SPC) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱9.26, compared to a current price of ₱10.80 — trading 16.6% above its estimated fair value. The current PB Ratio is 1.36, which is 18% above median its 10-year median of 1.15 and 4.2% below the Utilities - Regulated industry median of 1.42. SPC Power's overall GF Score™ is 84/100 with 4 warning signs 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 SPC Power (PHS:SPC), the current PB Ratio is 1.36 as of Jun. 27, 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 SPC Power (PHS:SPC) Overvalued in 2026?
Based on GuruFocus' analysis, SPC Power stock appears to be overvalued.
The current stock price of ₱10.80 is trading 16.6% above its estimated GF Value™ of ₱9.26.
GuruFocus considers SPC Power to be Modestly Overvalued.
Key valuation signals for PHS:SPC:
PB Ratio: 1.36 (18% above median its 10-year median of 1.15)
GF Value™: ₱9.26 vs. price of ₱10.80 (16.6% above fair value)
Industry Position: 4.2% below the Utilities - Regulated median (#234 of 502)
No single metric tells the full story. See the PHS:SPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPC Power Corp is managed through two segments: Generation segment which includes generation and supply of power and ancillary services to NPC/PSALM, NGCP, distribution utilities, WESM, and other customers, and Others which includes the operations of SECL, SLCI, CNPC and SMPC such as to manage, operate and invest in power generating plants and related facilities. The majority of revenue is generated from generation segment. It operates and generates revenue principally only in the Philippines.
84GF Score
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