GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Genting Singapore Ltd (OTCPK:GIGNY) » Definitions » Cyclically Adjusted PB Ratio

Genting Singapore (Genting Singapore) Cyclically Adjusted PB Ratio : 1.11 (As of May. 01, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Genting Singapore Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Genting Singapore's current share price is $33.60. Genting Singapore's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $30.38. Genting Singapore's Cyclically Adjusted PB Ratio for today is 1.11.

The historical rank and industry rank for Genting Singapore's Cyclically Adjusted PB Ratio or its related term are showing as below:

GIGNY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.41   Max: 4.47
Current: 1.11

During the past 13 years, Genting Singapore's highest Cyclically Adjusted PB Ratio was 4.47. The lowest was 0.79. And the median was 1.41.

GIGNY's Cyclically Adjusted PB Ratio is ranked better than
56.12% of 588 companies
in the Travel & Leisure industry
Industry Median: 1.385 vs GIGNY: 1.11

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Genting Singapore's adjusted book value per share data of for the fiscal year that ended in Dec23 was $25.471. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $30.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genting Singapore Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Genting Singapore's Cyclically Adjusted 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.

* Premium members only.

Genting Singapore Cyclically Adjusted PB Ratio Chart

Genting Singapore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.13 0.95 1.14 1.21

Genting Singapore Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 0.95 - 1.14 - 1.21

Competitive Comparison of Genting Singapore's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Genting Singapore's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Genting Singapore's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Genting Singapore's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Genting Singapore's Cyclically Adjusted PB Ratio falls into.



Genting Singapore Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Genting Singapore's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.60/30.38
=1.11

* 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.

Genting Singapore's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Genting Singapore's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=25.471/129.4194*129.4194
=25.471

Current CPI (Dec23) = 129.4194.

Genting Singapore Annual Data

Book Value per Share CPI Adj_Book
201412 30.475 99.070 39.811
201512 28.479 99.792 36.934
201612 27.624 101.863 35.097
201712 22.958 104.011 28.566
201812 23.561 105.998 28.767
201912 24.632 108.420 29.403
202012 24.372 109.897 28.702
202112 23.999 117.630 26.404
202212 24.508 125.222 25.330
202312 25.471 129.419 25.471

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Genting Singapore  (OTCPK:GIGNY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Genting Singapore Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Genting Singapore's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Genting Singapore (Genting Singapore) Business Description

Traded in Other Exchanges
Address
10 Sentosa Gateway, Resorts World Sentosa, Singapore, SGP, 098270
Genting Singapore is engaged in the development and operation of integrated resort destinations, including gaming, hospitality, meetings, and leisure and entertainment facilities. It owns Resorts World Sentosa in Singapore, one of the leading integrated resort destinations in Asia, which offers a casino, Adventure Cove Waterpark, S.E.A. Aquarium, Universal Studios Singapore theme park, facilities for meetings, incentives, conventions, and exhibitions, hotels, Michelin-starred restaurants, and specialty retail outlets.

Genting Singapore (Genting Singapore) Headlines