Cebu Air (PHS:CEB) Pre-Tax Income: ₱10,946 Mil (TTM 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:CEB Cebu Air Inc PHS:CEB
81 GF Score
Price ₱28.85
GF Value ₱49.71
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Cebu Air Pre-Tax Income?

Cebu Air PHS:CEB -0.17% 81 Pre-Tax Income is ₱10,946 Mil as of Mar. 2026. GuruFocus rates PHS:CEB with a GF Score™ of 81/100 and a GF Value™ of ₱49.71 (Possible Value Trap). The stock has 7 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Cebu Air's pretax income for the three months ended in Mar. 2026 was ₱-539 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was ₱10,946 Mil. Cebu Air's pretax margin was -1.62%.

During the past 13 years, Cebu Air's highest Pretax Margin was 15.70%. The lowest was -171.06%. And the median was 5.59%.


Cebu Air  (PHS:CEB) Pre-Tax Income Explanation

Cebu Air's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-538.938/33323.354
=-1.62%

During the past 13 years, Cebu Air's highest Pretax Margin was 15.70%. The lowest was -171.06%. And the median was 5.59%.

* 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.


Cebu Air Pre-Tax Income Related Terms


Cebu Air Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Cebu Air's Pre-Tax Income 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.

Cebu Air Pre-Tax Income Chart

Cebu Air Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26,926.56 -16,228.36 5,573.83 5,264.82 11,933.04

Cebu Air Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pre-Tax Income 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 447.69 9,332.06 -1,328.67 3,481.97 -538.94

PHS:CEB vs DAL, UAL, LUV: Pre-Tax Income Comparison

For the Airlines subindustry, Cebu Air's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Cebu Air Pre-Tax Income vs Transportation Industry

For the Transportation industry and Industrials sector, Cebu Air's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Cebu Air's Pre-Tax Income falls into.


PHS:CEB
81GF Score
Cebu Air Inc PHS:CEB
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cebu Air Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Cebu Air's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=11501.021+0+-7625.894+808.311+7249.603
=11,933

Cebu Air's Pretax Income for the quarter that ended in Mar. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=3019.561+0+-1963.389+183.328+-1778.438
=-539

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱10,946 Mil.

* 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 Pre-Tax Income →
What does a Pre-Tax Income of ₱10,946 Mil mean?
Cebu Air (PHS:CEB) has a Pre-Tax Income of ₱10,946 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Cebu Air and its competitors.
Is Cebu Air's Pre-Tax Income too high?
Cebu Air's current Pre-Tax Income is ₱10,946 Mil. Overall, Cebu Air has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cebu Air's Pre-Tax Income compare to DAL and UAL?
Cebu Air's Pre-Tax Income of ₱10,946 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Transportation company?
A good Pre-Tax Income depends on the Transportation industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Cebu Air and its competitors. Cebu Air's current Pre-Tax Income is ₱10,946 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cebu Air stock overvalued right now?
Based on GuruFocus' analysis, Cebu Air (PHS:CEB) is currently considered Possible Value Trap. The stock's GF Value™ is ₱49.71, compared to a current price of ₱28.85 — trading 42% below its estimated fair value. The current Pre-Tax Income is ₱10,946 Mil. Cebu Air's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Cebu Air (PHS:CEB), the current Pre-Tax Income is ₱10,946 Mil 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 Cebu Air (PHS:CEB) Overvalued in 2026?

Based on GuruFocus' analysis, Cebu Air stock appears to be undervalued. The current stock price of ₱28.85 is trading 42% below its estimated GF Value™ of ₱49.71. GuruFocus considers Cebu Air to be Possible Value Trap.

Key valuation signals for PHS:CEB:

  • Pre-Tax Income: ₱10,946 Mil
  • GF Value™: ₱49.71 vs. price of ₱28.85 (42% below fair value)
  • GF Score™: 81/100 with 7 warning signs

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


Cebu Air Business Description

Address Sergio Osmena Boulevard, Basement 2, R 01-02, Robinsons Galleria Cebu, Barangay Tejero, General Maxilom Avenue corner, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, has three reportable operating segments, which is the airline business (Parent Company, CEBGO and AirSWIFT), line, light and base maintenance business (A-Plus) and ground handling business (1Aviation). The revenue of the company was mainly derived from rendering transportation services, line, light and base maintenance services and ground handling services.
81GF Score

Get the complete analysis for PHS:CEB

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

₱28.85
Price
₱49.71
GF Value