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.
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.
Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
SBS Philippines's Sloan Ratio for the quarter that ended in Mar. 2026 was -4.66%.
As of Mar. 2026, SBS Philippines has a Sloan Ratio of -4.66%, indicating the company is in the safe zone and there is no funny business with accruals.
SBS Philippines (PHS:SBS) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, SBS Philippines has a Sloan Ratio of -4.66%, indicating the company is in the safe zone and there is no funny business with accruals.
SBS Philippines Sloan Ratio % Related Terms
SBS Philippines Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for SBS Philippines's Sloan 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 Chemicals subindustry, SBS Philippines's Sloan Ratio %, along with its competitors' market caps and Sloan 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.
SBS Philippines Sloan Ratio % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, SBS Philippines's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where SBS Philippines's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
SBS Philippines's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
SBS Philippines's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 7.905 (Jun. 2025 ) + 6.222 (Sep. 2025 ) + -6.816 (Dec. 2025 ) + 11.958 (Mar. 2026 ) = ₱19 Mil.
SBS Philippines's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 51.706 (Jun. 2025 ) + 50.293 (Sep. 2025 ) + 229.403 (Dec. 2025 ) + 51.544 (Mar. 2026 ) = ₱383 Mil.
SBS Philippines's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was 14.549 (Jun. 2025 ) + 13.101 (Sep. 2025 ) + 20.312 (Dec. 2025 ) + 8.613 (Mar. 2026 ) = ₱57 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.
SBS Philippines (PHS:SBS) has a Sloan Ratio % of -4.66% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on SBS Philippines and its competitors.
Is SBS Philippines' Sloan Ratio % too high?
SBS Philippines' current Sloan Ratio % is -4.66%. Overall, SBS Philippines has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBS Philippines' Sloan Ratio % compare to DOW?
SBS Philippines' Sloan Ratio % of -4.66% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Chemicals company?
A good Sloan Ratio % depends on the Chemicals industry context. However, Sloan Ratio % 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 Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on SBS Philippines and its competitors. SBS Philippines's current Sloan Ratio % is -4.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Philippines stock overvalued right now?
Based on GuruFocus' analysis, SBS Philippines (PHS:SBS) is currently considered Fairly Valued. The stock's GF Value™ is ₱3.28, compared to a current price of ₱3.15 — trading 4% below its estimated fair value. The current Sloan Ratio % is -4.66%. SBS Philippines' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For SBS Philippines (PHS:SBS), the current Sloan Ratio % is -4.66% 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 SBS Philippines (PHS:SBS) Overvalued in 2026?
Based on GuruFocus' analysis, SBS Philippines stock appears to be undervalued.
The current stock price of ₱3.15 is trading 4% below its estimated GF Value™ of ₱3.28.
GuruFocus considers SBS Philippines to be Fairly Valued.
Key valuation signals for PHS:SBS:
Sloan Ratio %: -4.66%
GF Value™: ₱3.28 vs. price of ₱3.15 (4% below fair value)
No single metric tells the full story. See the PHS:SBS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBS Philippines Corp is engaged in chemical trading and distribution. The Company offers a comprehensive selection of chemical products to service the following industries: food ingredients, industrial, animal health and nutrition including feeds and veterinary care, pharmaceutical, home and personal care and environment and infrastructure, and many others. It also provides value-added service to its customers by providing logistics management in sourcing, procuring, warehousing and transporting the chemical products and materials. It derives maximum revenue from food Ingredients.
69GF Score
Get the complete analysis for PHS:SBS
Sloan 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:SBS has been successfully added to your 
