GDS Global (SGX:5VP) Cyclically Adjusted Book per Share: S$0.09 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

What is GDS Global Cyclically Adjusted Book per Share?

GDS Global SGX:5VP +7.14% Cyclically Adjusted Book per Share is S$0.09 as of Mar. 2026. The stock has 3 warning signs investors should review.

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.

GDS Global's adjusted book value per share data for the fiscal year that ended in Sep. 2025 was S$0.032. 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$0.09 for the trailing ten years ended in Sep. 2025.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of GDS Global was -3.50% per year. The lowest was -3.50% per year. And the median was -3.50% per year.

As of today (2026-08-03), GDS Global's current stock price is S$ 0.06. GDS Global's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep. 2025 was S$0.09. GDS Global's Cyclically Adjusted PB Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GDS Global was 0.90. The lowest was 0.18. And the median was 0.39.


GDS Global  (SGX:5VP) 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.

GDS Global's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.06/0.09
=0.67

* 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 13 years, the highest Cyclically Adjusted PB Ratio of GDS Global was 0.90. The lowest was 0.18. And the median was 0.39.


Be Aware

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


GDS Global Cyclically Adjusted Book per Share Related Terms


GDS Global Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GDS Global'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.

GDS Global Cyclically Adjusted Book per Share Chart

GDS Global Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.10 0.09 0.09

GDS Global Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 Premium Member Only 0.00 0.09 0.00 0.09 0.00

SGX:5VP vs TT, JCI, CARR: Cyclically Adjusted Book per Share Comparison

For the Building Products & Equipment subindustry, GDS Global'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.


GDS Global Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, GDS Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GDS Global 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, GDS Global's adjusted Book Value per Share data for the fiscal year that ended in Sep. 2025 was:

Adj_Book=Book Value per Share /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=0.032/324.8000*324.8000
=0.032

Current CPI (Sep. 2025) = 324.8000.

GDS Global Annual Data

Book Value per Share CPI Adj_Book
201609 0.110 241.428 0.148
201709 0.108 246.819 0.142
201809 0.100 252.439 0.129
201909 0.086 256.759 0.109
202009 0.075 260.280 0.094
202109 0.065 274.310 0.077
202209 0.053 296.808 0.058
202309 0.041 307.789 0.043
202409 0.034 315.301 0.035
202509 0.032 324.800 0.032

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

What does a Cyclically Adjusted Book per Share of S$0.09 mean?
GDS Global (SGX:5VP) has a Cyclically Adjusted Book per Share of S$0.09 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on GDS Global and its competitors.
Is GDS Global's Cyclically Adjusted Book per Share too high?
GDS Global's current Cyclically Adjusted Book per Share is S$0.09.
How does GDS Global's Cyclically Adjusted Book per Share compare to TT and JCI?
GDS Global's Cyclically Adjusted Book per Share of S$0.09 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on GDS Global and its competitors. GDS Global's current Cyclically Adjusted Book per Share is S$0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDS Global stock overvalued right now?
Based on GuruFocus' analysis, GDS Global (SGX:5VP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.04, compared to a current price of S$0.06 — trading 50% above its estimated fair value. The current Cyclically Adjusted Book per Share is S$0.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For GDS Global (SGX:5VP), the current Cyclically Adjusted Book per Share is S$0.09 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.

GDS Global Business Description

Address 86 International Road, Singapore, SGP, 629176
GDS Global Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the manufacture, and supply of doors and shutter systems, the supply of production components products, and provision of service and maintenance works. The company's product offerings include fire shutters, hangar doors, commercial doors, storm shutters, and others. Geographically, it derives maximum revenue from its customers in Singapore and the rest from Europe, the Middle East, Asia Pacific, the United States of America, Hong Kong, Mauritius, and other regions.