Ginebran Miguel (PHS:GSMI) Price-to-Tangible-Book: 2.66 (As of Aug. 07, 2026) — 25% Above Median

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PHS:GSMI Ginebra San Miguel Inc PHS:GSMI
91 GF Score
Price ₱250.80
GF Value ₱300.12
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Ginebran Miguel Price-to-Tangible-Book?

Ginebran Miguel PHS:GSMI -0.40% 91 Price-to-Tangible-Book is 2.66 as of Aug. 07, 2026, which is 25% above its 10-year median of 2.13. GuruFocus rates PHS:GSMI with a GF Score™ of 91/100 and a GF Value™ of ₱300.12 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 185 Beverages - Alcoholic companies, Ginebran Miguel ranks worse than 64.32% on this metric.

As of today (2026-08-07), Ginebran Miguel's share price is ₱250.80. Ginebran Miguel's Tangible Book per Share of Mar. 2026 for the quarter that ended in Mar. 2026 was ₱94.22. Hence, Ginebran Miguel's Price to Tangible Book Ratio of today is 2.66.

The historical rank and industry rank for Ginebran Miguel's Price-to-Tangible-Book or its related term are showing as below:

PHS:GSMI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 2.13   Max: 3.79
Current: 2.66

During the past 13 years, Ginebran Miguel's highest Price to Tangible Book Ratio was 3.79. The lowest was 0.84. And the median was 2.13.

PHS:GSMI's Price-to-Tangible-Book is ranked worse than
64.32% of 185 companies
in the Beverages - Alcoholic industry
Industry Median: 1.92 vs PHS:GSMI: 2.66

A closely related ratio is called PB Ratio. As of today, Ginebran Miguel's share price is ₱250.80. Ginebran Miguel's Book Value per Sharefor the quarter that ended in Mar. 2026 was ₱94.66. Hence, Ginebran Miguel's P/B Ratio of today is 2.65.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Ginebran Miguel Price-to-Tangible-Book Related Terms


Ginebran Miguel Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel's Price-to-Tangible-Book 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.

Ginebran Miguel Price-to-Tangible-Book Chart

Ginebran Miguel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 2.11 2.66 3.62 3.27

Ginebran Miguel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Price-to-Tangible-Book 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 3.79 3.50 3.25 3.27 2.93

PHS:GSMI vs BF.B: Price-to-Tangible-Book Comparison

For the Beverages - Wineries & Distilleries subindustry, Ginebran Miguel's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ginebran Miguel's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ginebran Miguel's Price-to-Tangible-Book falls into.


PHS:GSMI
91GF Score
Ginebra San Miguel Inc PHS:GSMI
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ginebran Miguel Price-to-Tangible-Book Calculation

Ginebran Miguel's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2026 )
=250.80/94.22
=2.66

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 2.66 mean?
Ginebran Miguel (PHS:GSMI) has a Price-to-Tangible-Book of 2.66 as of Aug. 07, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ginebran Miguel and its competitors. This is 25% above median its historical median of 2.13. Over the past decade, Ginebran Miguel's Price-to-Tangible-Book has ranged from 0.84 to 3.79. According to the industry distribution chart, Ginebran Miguel ranks #119 out of 185 companies in the Beverages - Alcoholic industry, placing it in the top 64.3%.
Is Ginebran Miguel's Price-to-Tangible-Book too high?
Ginebran Miguel's current Price-to-Tangible-Book of 2.66 is 25% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 3.79. The Beverages - Alcoholic industry median Price-to-Tangible-Book is 1.92. Ginebran Miguel's value of 2.66 is 38.5% above this industry median. Based on the distribution chart, Ginebran Miguel ranks #119 out of 185 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Ginebran Miguel has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's Price-to-Tangible-Book compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Ginebran Miguel ranks #119 out of 185 companies for Price-to-Tangible-Book. This places Ginebran Miguel in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.92. Ginebran Miguel's value of 2.66 is 38.5% above this benchmark. Historically, Ginebran Miguel's own Price-to-Tangible-Book has ranged from 0.84 to 3.79 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 1.92, 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 Price-to-Tangible-Book for a Beverages - Alcoholic company?
The median Price-to-Tangible-Book among Beverages - Alcoholic companies is 1.92, based on 185 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ginebran Miguel's current Price-to-Tangible-Book of 2.66 is 38.5% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ginebran Miguel and its competitors. For the Beverages - Alcoholic industry, the median Price-to-Tangible-Book is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ginebran Miguel's current Price-to-Tangible-Book is 2.66, which is 25% above median its own 10-year median of 2.13. 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 ₱300.12, compared to a current price of ₱250.80 — trading 16.4% below its estimated fair value. The current Price-to-Tangible-Book is 2.66, which is 25% above median its 10-year median of 2.13 and 38.5% above the Beverages - Alcoholic industry median of 1.92. Ginebran Miguel's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Ginebran Miguel (PHS:GSMI), the current Price-to-Tangible-Book is 2.66 as of Aug. 07, 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 ₱250.80 is trading 16.4% below its estimated GF Value™ of ₱300.12. GuruFocus considers Ginebran Miguel to be Modestly Undervalued.

Key valuation signals for PHS:GSMI:

  • Price-to-Tangible-Book: 2.66 (25% above median its 10-year median of 2.13)
  • GF Value™: ₱300.12 vs. price of ₱250.80 (16.4% below fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 38.5% above the Beverages - Alcoholic median (#119 of 185)

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.


Ginebran Miguel Business Description

Address St. Francis Street, Ortigas Center, 3rd and 6th Floor, San Miguel Properties Centre, Mandaluyong, PHL, 1550
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.
91GF Score

Get the complete analysis for PHS:GSMI

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱250.80
Price
₱300.12
GF Value