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Singapore Exchange (Singapore Exchange) Cyclically Adjusted PB Ratio : 7.06 (As of Apr. 27, 2024)


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What is Singapore Exchange Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Singapore Exchange's current share price is $6.71. Singapore Exchange's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $0.95. Singapore Exchange's Cyclically Adjusted PB Ratio for today is 7.06.

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

SPXCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.78   Med: 8.74   Max: 11.34
Current: 7.15

During the past 13 years, Singapore Exchange's highest Cyclically Adjusted PB Ratio was 11.34. The lowest was 6.78. And the median was 8.74.

SPXCF's Cyclically Adjusted PB Ratio is ranked worse than
91.32% of 461 companies
in the Capital Markets industry
Industry Median: 1.12 vs SPXCF: 7.15

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.

Singapore Exchange's adjusted book value per share data of for the fiscal year that ended in Jun23 was $1.183. 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 $0.95 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Singapore Exchange Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Singapore Exchange'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.

Singapore Exchange Cyclically Adjusted PB Ratio Chart

Singapore Exchange Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.33 8.48 10.42 7.79 7.38

Singapore Exchange 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 - 7.79 - 7.38 -

Competitive Comparison of Singapore Exchange's Cyclically Adjusted PB Ratio

For the Financial Data & Stock Exchanges subindustry, Singapore Exchange'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.


Singapore Exchange's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Singapore Exchange's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Singapore Exchange 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.71/0.95
=7.06

* 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.

Singapore Exchange's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Singapore Exchange's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=1.183/128.7287*128.7287
=1.183

Current CPI (Jun23) = 128.7287.

Singapore Exchange Annual Data

Book Value per Share CPI Adj_Book
201406 0.689 100.560 0.882
201506 0.678 100.684 0.867
201606 0.683 101.688 0.865
201706 0.698 103.349 0.869
201806 0.760 106.317 0.920
201906 0.749 108.070 0.892
202006 0.836 108.767 0.989
202106 0.972 114.631 1.092
202206 1.045 125.017 1.076
202306 1.183 128.729 1.183

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.


Singapore Exchange  (OTCPK:SPXCF) 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.


Singapore Exchange Cyclically Adjusted PB Ratio Related Terms

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


Singapore Exchange (Singapore Exchange) Business Description

Traded in Other Exchanges
Address
2 Shenton Way, No. 02-02, SGX Centre 1, Singapore, SGP, 068804
Singapore Exchange is a vertically integrated securities exchange business, offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. Singapore Exchange, like Singapore itself, is remarkably outward-facing and offers some of the most liquid and widely traded equity derivative products for various regional markets, including the FTSE China A50 Index Futures and the Indian Nifty 50 Index Futures.

Singapore Exchange (Singapore Exchange) Headlines

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