Broadway Industrial Group (SGX:B69) Cyclically Adjusted Book per Share: S$0.25 (As of Jun. 2025)

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.

SGX:B69 Broadway Industrial Group Ltd SGX:B69
43 GF Score
Price S$0.19
GF Value S$0.07
! 5 Warning Signs
View Full Analysis

What is Broadway Industrial Group Cyclically Adjusted Book per Share?

Broadway Industrial Group SGX:B69 43 Cyclically Adjusted Book per Share is S$0.25 as of Jun. 2025. GuruFocus rates SGX:B69 with a GF Score™ of 43/100 and a GF Value™ of S$0.07. The stock has 5 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.

Broadway Industrial Group's adjusted book value per share data for the fiscal year that ended in Dec. 2024 was S$0.217. 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$0.25 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.70% 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 Broadway Industrial Group was 3.20% per year. The lowest was -10.60% per year. And the median was -7.00% per year.

As of today (2026-08-01), Broadway Industrial Group's current stock price is S$ 0.194. Broadway Industrial Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2024 was S$0.25. Broadway Industrial Group's Cyclically Adjusted PB Ratio of today is 0.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Broadway Industrial Group was 0.78. The lowest was 0.09. And the median was 0.34.


Broadway Industrial Group  (SGX:B69) 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.

Broadway Industrial Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.194/0.25
=0.78

* 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 Broadway Industrial Group was 0.78. The lowest was 0.09. And the median was 0.34.


Be Aware

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


Broadway Industrial Group Cyclically Adjusted Book per Share Related Terms


Broadway Industrial Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Broadway Industrial Group'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.

Broadway Industrial Group Cyclically Adjusted Book per Share Chart

Broadway Industrial Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.35 0.33 0.29 0.25

Broadway Industrial Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.29 0.00 0.25 0.00

SGX:B69 vs ANET, DELL, SMCI: Cyclically Adjusted Book per Share Comparison

For the Computer Hardware subindustry, Broadway Industrial Group'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.


Broadway Industrial Group Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Broadway Industrial Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Broadway Industrial Group's Cyclically Adjusted PB Ratio falls into.


SGX:B69
43GF Score
Broadway Industrial Group Ltd SGX:B69
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Broadway Industrial Group 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, Broadway Industrial Group's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2024 was:

Adj_Book=Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.217/315.6050*315.6050
=0.217

Current CPI (Dec. 2024) = 315.6050.

Broadway Industrial Group Annual Data

Book Value per Share CPI Adj_Book
201512 0.345 236.525 0.460
201612 0.303 241.432 0.396
201712 0.172 246.524 0.220
201812 0.179 251.233 0.225
201912 0.132 256.974 0.162
202012 0.159 260.474 0.193
202112 0.190 278.802 0.215
202212 0.192 296.797 0.204
202312 0.195 306.746 0.201
202412 0.217 315.605 0.217

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$0.25 mean?
Broadway Industrial Group (SGX:B69) has a Cyclically Adjusted Book per Share of S$0.25 as of Jun. 2025. 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 Broadway Industrial Group and its competitors.
Is Broadway Industrial Group's Cyclically Adjusted Book per Share too high?
Broadway Industrial Group's current Cyclically Adjusted Book per Share is S$0.25. Overall, Broadway Industrial Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Broadway Industrial Group's Cyclically Adjusted Book per Share compare to ANET and DELL?
Broadway Industrial Group's Cyclically Adjusted Book per Share of S$0.25 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted Book per Share depends on the Hardware 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 Broadway Industrial Group and its competitors. Broadway Industrial Group's current Cyclically Adjusted Book per Share is S$0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadway Industrial Group stock overvalued right now?
Broadway Industrial Group (SGX:B69) has a current Cyclically Adjusted Book per Share of S$0.25. The stock's GF Value™ is S$0.07, compared to a current price of S$0.19 — trading 177.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is S$0.25. Broadway Industrial Group's overall GF Score™ is 43/100 with 5 warning signs to review. 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 Broadway Industrial Group (SGX:B69), the current Cyclically Adjusted Book per Share is S$0.25 as of Jun. 2025. 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 Broadway Industrial Group (SGX:B69) Overvalued in 2026?

Based on GuruFocus' analysis, Broadway Industrial Group stock appears to be overvalued. The current stock price of S$0.19 is trading 177.1% above its estimated GF Value™ of S$0.07.

Key valuation signals for SGX:B69:

  • Cyclically Adjusted Book per Share: S$0.25
  • GF Value™: S$0.07 vs. price of S$0.19 (177.1% above fair value)
  • GF Score™: 43/100 with 5 warning signs

No single metric tells the full story. See the SGX:B69 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Broadway Industrial Group Business Description

Address 202 Kallang Bahru, No. 07-01 Spaze, Singapore, SGP, 339339
Broadway Industrial Group Ltd is a manufacturer of precision machined components. The company provides actuator arms, assemblies, and other related parts mainly for the hard disk drive (HDD) industry. Its operating segments are; the HDD segment which generates key revenue and consists of the manufacturing and distribution of actuator arms and related assembly for the hard disk industry; The PE segment comprises the manufacturing and distribution of precision diecasting and machining parts for telecommunications equipment, industrial applications, and automotive industries, and others segment comprises investment holding. Geographically, the company generates a majority of its revenue from Thailand followed by the People's Republic of China, Vietnam, south Korea, and other countries.
43GF Score

Get the complete analysis for SGX:B69

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.19
Price
S$0.07
GF Value