AnAn International (SGX:Y35) Cyclically Adjusted Book per Share: S$0.04 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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 AnAn International Cyclically Adjusted Book per Share?

AnAn International SGX:Y35 Cyclically Adjusted Book per Share is S$0.04 as of Dec. 2025. The stock has 4 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.

AnAn International's adjusted book value per share for the three months ended in Dec. 2025 was S$0.035. 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$0.04 for the trailing ten years ended in Dec. 2025.

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 AnAn International was 10.10% per year. The lowest was 0.00% per year. And the median was 0.00% per year.

As of today (2026-08-11), AnAn International's current stock price is S$0.019. AnAn International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was S$0.04. AnAn International's Cyclically Adjusted PB Ratio of today is 0.48.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AnAn International was 2.27. The lowest was 0.04. And the median was 0.45.


AnAn International  (SGX:Y35) 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.

AnAn International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.019/0.04
=0.48

* 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 AnAn International was 2.27. The lowest was 0.04. And the median was 0.45.


Be Aware

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


AnAn International Cyclically Adjusted Book per Share Related Terms


AnAn International Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AnAn International'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.

AnAn International Cyclically Adjusted Book per Share Chart

AnAn International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

AnAn International Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25
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 0.04 0.04 0.04 0.04 0.04

SGX:Y35 vs MPC, VLO, PSX: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Refining & Marketing subindustry, AnAn International'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.


AnAn International Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, AnAn International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AnAn International 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, AnAn International's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.035/324.0540*324.0540
=0.035

Current CPI (Dec. 2025) = 324.0540.

AnAn International Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.066 236.525 0.090
201603 0.064 238.132 0.087
201606 0.063 241.018 0.085
201609 0.064 241.428 0.086
201612 0.068 241.432 0.091
201703 0.068 243.801 0.090
201706 0.068 244.955 0.090
201709 0.068 246.819 0.089
201712 0.030 246.524 0.039
201803 0.024 249.554 0.031
201806 0.022 251.989 0.028
201809 0.024 252.439 0.031
201812 0.023 251.233 0.030
201903 0.022 254.202 0.028
201906 0.022 256.143 0.028
201909 0.022 256.759 0.028
201912 0.021 256.974 0.026
202003 0.022 258.115 0.028
202006 0.022 257.797 0.028
202009 0.022 260.280 0.027
202012 0.022 260.474 0.027
202103 0.022 264.877 0.027
202106 0.022 271.696 0.026
202109 0.023 274.310 0.027
202112 0.024 278.802 0.028
202203 0.025 287.504 0.028
202206 0.026 296.311 0.028
202209 0.026 296.808 0.028
202212 0.029 296.797 0.032
202303 0.030 301.836 0.032
202306 0.030 305.109 0.032
202309 0.031 307.789 0.033
202312 0.032 306.746 0.034
202403 0.033 312.332 0.034
202406 0.000 314.175 0.000
202409 0.031 315.301 0.032
202412 0.030 315.605 0.031
202503 0.030 319.799 0.030
202506 0.032 322.561 0.032
202512 0.035 324.054 0.035

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$0.04 mean?
AnAn International (SGX:Y35) has a Cyclically Adjusted Book per Share of S$0.04 as of Dec. 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 AnAn International and its competitors.
Is AnAn International's Cyclically Adjusted Book per Share too high?
AnAn International's current Cyclically Adjusted Book per Share is S$0.04.
How does AnAn International's Cyclically Adjusted Book per Share compare to MPC and VLO?
AnAn International's Cyclically Adjusted Book per Share of S$0.04 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 AnAn International and its competitors. AnAn International's current Cyclically Adjusted Book per Share is S$0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AnAn International stock overvalued right now?
Based on GuruFocus' analysis, AnAn International (SGX:Y35) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.01, compared to a current price of S$0.02 — trading 90% above its estimated fair value. The current Cyclically Adjusted Book per Share is S$0.04. 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 AnAn International (SGX:Y35), the current Cyclically Adjusted Book per Share is S$0.04 as of Dec. 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.

AnAn International Business Description

Industry EnergyOil & Gas
Address 10 Anson Road, No. 17-12 International Plaza, Singapore, SGP, 079903
AnAn International Ltd engages in the trading of petrochemicals, fuel oil, and petroleum products. It operates a trading system based in Singapore, which uses market mechanisms in international shipping, financial services, and market trading. Operations involve midstream and downstream resources in the oil and petrochemical industries to undertake commodity trading. The company has three reportable segments, namely Distribution, Wholesale, and Corporate. Geographically, it operates in Europe, Singapore, Hong Kong, and the People's Republic of China, where it trades petrochemicals and petroleum. It generates maximum revenue from Europe.