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SLB Development (SGX:1J0) Cyclically Adjusted Book per Share : S$0.18 (As of Nov. 2024)


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What is SLB Development Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

SLB Development's adjusted book value per share data for the fiscal year that ended in May. 2024 was S$0.203. 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 S$0.18 for the trailing ten years ended in May. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-05-27), SLB Development's current stock price is S$ 0.23. SLB Development's Cyclically Adjusted Book per Share for the fiscal year that ended in May. 2024 was S$0.18. SLB Development's Cyclically Adjusted PB Ratio of today is 1.28.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of SLB Development was 1.28. The lowest was 0.50. And the median was 0.77.


SLB Development Cyclically Adjusted Book per Share Historical Data

The historical data trend for SLB Development's Cyclically Adjusted Book per Share 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.

SLB Development Cyclically Adjusted Book per Share Chart

SLB Development Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.18

SLB Development Semi-Annual Data
May15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
Cyclically Adjusted Book per Share 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 - - - 0.18 -

Competitive Comparison of SLB Development's Cyclically Adjusted Book per Share

For the Real Estate - Development subindustry, SLB Development'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.


SLB Development's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SLB Development's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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SLB Development Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, SLB Development's adjusted Book Value per Share data for the fiscal year that ended in May. 2024 was:

Adj_Book=Book Value per Share /CPI of May. 2024 (Change)*Current CPI (May. 2024)
=0.203/132.5091*132.5091
=0.203

Current CPI (May. 2024) = 132.5091.

SLB Development Annual Data

Book Value per Share CPI Adj_Book
201505 0.040 100.333 0.053
201605 0.116 101.355 0.152
201705 0.069 103.256 0.089
201805 0.169 106.148 0.211
201905 0.163 108.048 0.200
202005 0.173 108.175 0.212
202105 0.189 113.576 0.221
202205 0.220 123.323 0.236
202305 0.226 128.314 0.233
202405 0.203 132.509 0.203

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


SLB Development  (SGX:1J0) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

SLB Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.23/0.18
=1.28

* 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.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of SLB Development was 1.28. The lowest was 0.50. And the median was 0.77.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


SLB Development Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of SLB Development's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SLB Development Business Description

Industry
Traded in Other Exchanges
N/A
Address
29 Harrison Road, Suite 07-00 Lian Beng Building, Singapore, SGP, 369648
SLB Development Ltd is an investment holding company. The company operates in three segments namely Property development, which is involved in the development and sale of properties (residential, commercial, and industrial), as well as the provision of development management services; The Fund management & investment segment refers to the Group's business as a fund manager through joint ventures and strategic alliance with third parties, as well as investment in the funds managed by fund managers such as through participation by way of a limited partner or shareholder in the fund company; and The corporate segment mainly relates to corporate office functions. It generates the majority of its revenue from Property development segment.

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