Renaissance United (SGX:I11) Cyclically Adjusted Book per Share: S$0.01 (As of Apr. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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 Renaissance United Cyclically Adjusted Book per Share?

Renaissance United SGX:I11 Cyclically Adjusted Book per Share is S$0.01 as of Apr. 2026. The stock has 6 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.

Renaissance United's adjusted book value per share for the three months ended in Apr. 2026 was S$0.003. 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$0.01 for the trailing ten years ended in Apr. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -22.20% 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 Renaissance United was -9.10% per year. The lowest was -30.70% per year. And the median was -20.60% per year.

As of today (2026-08-07), Renaissance United's current stock price is S$0.001. Renaissance United's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was S$0.01. Renaissance United's Cyclically Adjusted PB Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Renaissance United was 0.20. The lowest was 0.02. And the median was 0.05.


Renaissance United  (SGX:I11) 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.

Renaissance United's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.001/0.01
=0.10

* 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 Renaissance United was 0.20. The lowest was 0.02. And the median was 0.05.


Be Aware

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


Renaissance United Cyclically Adjusted Book per Share Related Terms


Renaissance United Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Renaissance United'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.

Renaissance United Cyclically Adjusted Book per Share Chart

Renaissance United Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.02 0.01 0.01

Renaissance United Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.01 0.01 0.01 0.01 0.01

SGX:I11 vs ATO, NI, UGI: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Gas subindustry, Renaissance United'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.


Renaissance United Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Renaissance United's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Renaissance United 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, Renaissance United's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.003/333.0200*333.0200
=0.003

Current CPI (Apr. 2026) = 333.0200.

Renaissance United Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.018 240.628 0.025
201610 0.019 241.729 0.026
201701 0.019 242.839 0.026
201704 0.019 244.524 0.026
201707 0.018 244.786 0.024
201710 0.016 246.663 0.022
201801 0.016 247.867 0.021
201804 0.012 250.546 0.016
201807 0.012 252.006 0.016
201810 0.012 252.885 0.016
201901 0.012 251.712 0.016
201904 0.009 255.548 0.012
201907 0.006 256.571 0.008
201910 0.006 257.346 0.008
202001 0.006 257.971 0.008
202004 0.009 256.389 0.012
202007 0.009 259.101 0.012
202010 0.009 260.388 0.012
202101 0.009 261.582 0.011
202104 0.009 267.054 0.011
202107 0.009 273.003 0.011
202110 0.009 276.589 0.011
202201 0.009 281.148 0.011
202204 0.008 289.109 0.009
202207 0.007 296.276 0.008
202210 0.007 298.012 0.008
202301 0.007 299.170 0.008
202304 0.006 303.363 0.007
202307 0.006 305.691 0.007
202310 0.006 307.671 0.006
202401 0.006 308.417 0.006
202404 0.005 313.548 0.005
202407 0.005 314.540 0.005
202410 0.005 315.664 0.005
202501 0.005 317.671 0.005
202504 0.004 320.795 0.004
202507 0.003 323.048 0.003
202510 0.003 0.000
202601 0.003 325.252 0.003
202604 0.003 333.020 0.003

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$0.01 mean?
Renaissance United (SGX:I11) has a Cyclically Adjusted Book per Share of S$0.01 as of Apr. 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 Renaissance United and its competitors.
Is Renaissance United's Cyclically Adjusted Book per Share too high?
Renaissance United's current Cyclically Adjusted Book per Share is S$0.01.
How does Renaissance United's Cyclically Adjusted Book per Share compare to ATO and NI?
Renaissance United's Cyclically Adjusted Book per Share of S$0.01 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated 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 Renaissance United and its competitors. Renaissance United's current Cyclically Adjusted Book per Share is S$0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance United stock overvalued right now?
Renaissance United (SGX:I11) has a current Cyclically Adjusted Book per Share of S$0.01. The current Cyclically Adjusted Book per Share is S$0.01. 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 Renaissance United (SGX:I11), the current Cyclically Adjusted Book per Share is S$0.01 as of Apr. 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.

Renaissance United Business Description

Address 16 Kallang Place, Number 05-10/18, Kallang Basin Industrial Estate, Singapore, SGP, 339156
Renaissance United Ltd operates in five segments: Infrastructure development and turnkey construction; Property development; Gas distribution, Electronics and trading and Investment securities trading. It geographically operates in Singapore, the People's Republic of China, the USA, Taiwan, and Others. It derives a majority of its revenue from Gas distribution. Geographically the company derives the majority of its revenue from the People's Republic of China.