Manila Bulletin PublishingPHS:MB 39 Return-on-Tangible-Equity is 0.10% as of Mar. 2026, which is 86% below its 10-year median of 0.71. GuruFocus rates PHS:MB with a GF Score™ of 39/100 and a GF Value™ of ₱0.17 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 869 Media - Diversified companies, Manila Bulletin Publishing ranks worse than 61.45% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Manila Bulletin Publishing's annualized net income for the quarter that ended in Mar. 2026 was ₱6.6 Mil. Manila Bulletin Publishing's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₱6,657.3 Mil. Therefore, Manila Bulletin Publishing's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.10%.
The historical rank and industry rank for Manila Bulletin Publishing's Return-on-Tangible-Equity or its related term are showing as below:
PHS:MB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.71 Max: 1.41
Current: 1.33
During the past 13 years, Manila Bulletin Publishing's highest Return-on-Tangible-Equity was 1.41%. The lowest was 0.22%. And the median was 0.71%.
PHS:MB's Return-on-Tangible-Equity is ranked worse than 61.45% of 869
companies
in the Media - Diversified industry
Industry Median: 5.46
vs PHS:MB: 1.33
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Manila Bulletin Publishing Return-on-Tangible-Equity Related Terms
Manila Bulletin Publishing Return-on-Tangible-Equity Historical Data
* 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.
PHS:MB vs NYT, WLY: Return-on-Tangible-Equity Comparison
For the Publishing subindustry, Manila Bulletin Publishing's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Manila Bulletin Publishing Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Manila Bulletin Publishing's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Manila Bulletin Publishing's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.10% mean?
Manila Bulletin Publishing (PHS:MB) has a Return-on-Tangible-Equity of 0.10% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Manila Bulletin Publishing and its competitors. This is 86% below median its historical median of 0.71. Over the past decade, Manila Bulletin Publishing's Return-on-Tangible-Equity has ranged from 0.22 to 1.41. According to the industry distribution chart, Manila Bulletin Publishing ranks #534 out of 869 companies in the Media - Diversified industry, placing it in the top 61.4%.
Is Manila Bulletin Publishing's Return-on-Tangible-Equity too high?
Manila Bulletin Publishing's current Return-on-Tangible-Equity of 0.10% is 86% below median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.41. The Media - Diversified industry median Return-on-Tangible-Equity is 5.46. Manila Bulletin Publishing's value of 0.10% is 98.2% below this industry median. Based on the distribution chart, Manila Bulletin Publishing ranks #534 out of 869 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Manila Bulletin Publishing has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manila Bulletin Publishing's Return-on-Tangible-Equity compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Manila Bulletin Publishing ranks #534 out of 869 companies for Return-on-Tangible-Equity. This places Manila Bulletin Publishing in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.46. Manila Bulletin Publishing's value of 0.10% is 98.2% below this benchmark. Historically, Manila Bulletin Publishing's own Return-on-Tangible-Equity has ranged from 0.22 to 1.41 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 5.46, Manila Bulletin Publishing 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 Return-on-Tangible-Equity for a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.46, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manila Bulletin Publishing's current Return-on-Tangible-Equity of 0.10% is 98.2% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Manila Bulletin Publishing and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Bulletin Publishing's current Return-on-Tangible-Equity is 0.10%, which is 86% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Bulletin Publishing stock overvalued right now?
Based on GuruFocus' analysis, Manila Bulletin Publishing (PHS:MB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱0.17, compared to a current price of ₱0.19 — trading 10.6% above its estimated fair value. The current Return-on-Tangible-Equity is 0.10%, which is 86% below median its 10-year median of 0.71 and 98.2% below the Media - Diversified industry median of 5.46. Manila Bulletin Publishing's overall GF Score™ is 39/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Manila Bulletin Publishing (PHS:MB), the current Return-on-Tangible-Equity is 0.10% 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 Manila Bulletin Publishing (PHS:MB) Overvalued in 2026?
Based on GuruFocus' analysis, Manila Bulletin Publishing stock appears to be overvalued.
The current stock price of ₱0.19 is trading 10.6% above its estimated GF Value™ of ₱0.17.
GuruFocus considers Manila Bulletin Publishing to be Modestly Overvalued.
Key valuation signals for PHS:MB:
Return-on-Tangible-Equity: 0.10% (86% below median its 10-year median of 0.71)
GF Value™: ₱0.17 vs. price of ₱0.19 (10.6% above fair value)
Industry Position: 98.2% below the Media - Diversified median (#534 of 869)
No single metric tells the full story. See the PHS:MB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manila Bulletin Publishing Corp mainly engaged in the publication, distribution, and advertising of news, magazines, and digital content. The company operates in the fields of journalism, publishing, advertising, and digital media. Its activities are Publishing and Printing: Producing and distributing content and news through print media, including newspapers and magazines, and through online platforms, extending the reach of its publications., and Advertising Services: Offering advertising solutions across its print, digital, and other media platforms for businesses and brands. Its services are Advertising Services, Subscription Services, Digital Content and Platforms, Special Projects & Partnerships. Its brands are Manila Bulletin, Tempo, Balita, Liwayway, Bannawag, etc.
39GF Score
Get the complete analysis for PHS:MB
Return-on-Tangible-Equity 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:MB has been successfully added to your 
