SIIC Environment Holdings (STU:A9W1) Cyclically Adjusted Book per Share: €0.50 (As of Dec. 2025)

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STU:A9W1 SIIC Environment Holdings Ltd STU:A9W1
47 GF Score
Price €0.11
GF Value €0.10
Valuation Fairly Valued
! 8 Warning Signs
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What is SIIC Environment Holdings Cyclically Adjusted Book per Share?

SIIC Environment Holdings STU:A9W1 -1.85% 47 Cyclically Adjusted Book per Share is €0.50 as of Dec. 2025. GuruFocus rates STU:A9W1 with a GF Score™ of 47/100 and a GF Value™ of €0.10 (Fairly Valued). The stock has 8 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.

SIIC Environment Holdings's adjusted book value per share for the three months ended in Dec. 2025 was €0.519. 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 €0.50 for the trailing ten years ended in Dec. 2025.

During the past 12 months, SIIC Environment Holdings's average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.00% 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 SIIC Environment Holdings was 13.70% per year. The lowest was 3.80% per year. And the median was 10.10% per year.

As of today (2026-08-11), SIIC Environment Holdings's current stock price is €0.106. SIIC Environment Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €0.50. SIIC Environment Holdings's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SIIC Environment Holdings was 0.84. The lowest was 0.19. And the median was 0.33.


SIIC Environment Holdings  (STU:A9W1) 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.

SIIC Environment Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.106/0.50
=0.21

* 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 SIIC Environment Holdings was 0.84. The lowest was 0.19. And the median was 0.33.


Be Aware

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


SIIC Environment Holdings Cyclically Adjusted Book per Share Related Terms


SIIC Environment Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for SIIC Environment Holdings'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.

SIIC Environment Holdings Cyclically Adjusted Book per Share Chart

SIIC Environment Holdings 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 0.42 0.40 0.47 0.51 0.50

SIIC Environment Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.49 0.52 0.51 0.51 0.50

STU:A9W1 vs AWK, WTRG, AWR: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Water subindustry, SIIC Environment Holdings'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.


SIIC Environment Holdings Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where SIIC Environment Holdings's Cyclically Adjusted PB Ratio falls into.


STU:A9W1
47GF Score
SIIC Environment Holdings Ltd STU:A9W1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SIIC Environment Holdings 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, SIIC Environment Holdings'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)
=0.519/324.0540*324.0540
=0.519

Current CPI (Dec. 2025) = 324.0540.

SIIC Environment Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201509 0.337 237.945 0.459
201512 0.348 236.525 0.477
201603 0.347 238.132 0.472
201606 0.345 241.018 0.464
201609 0.346 241.428 0.464
201612 0.363 241.432 0.487
201703 0.371 243.801 0.493
201706 0.365 244.955 0.483
201709 0.362 246.819 0.475
201712 0.369 246.524 0.485
201803 0.000 249.554 0.000
201806 0.394 251.989 0.507
201809 0.369 252.439 0.474
201812 0.384 251.233 0.495
201903 0.407 254.202 0.519
201906 0.394 256.143 0.498
201909 0.396 256.759 0.500
201912 0.411 256.974 0.518
202003 0.416 258.115 0.522
202006 0.407 257.797 0.512
202009 0.418 260.280 0.520
202012 0.431 260.474 0.536
202103 0.449 264.877 0.549
202106 0.459 271.696 0.547
202109 0.474 274.310 0.560
202112 0.514 278.802 0.597
202203 0.541 287.504 0.610
202206 0.529 296.311 0.579
202209 0.534 296.808 0.583
202212 0.516 296.797 0.563
202303 0.526 301.836 0.565
202306 0.494 305.109 0.525
202309 0.498 307.789 0.524
202312 0.505 306.746 0.533
202403 0.509 312.332 0.528
202406 0.515 314.175 0.531
202409 0.520 315.301 0.534
202412 0.542 315.605 0.557
202506 0.505 322.561 0.507
202512 0.519 324.054 0.519

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 €0.50 mean?
SIIC Environment Holdings (STU:A9W1) has a Cyclically Adjusted Book per Share of €0.50 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 SIIC Environment Holdings and its competitors.
Is SIIC Environment Holdings' Cyclically Adjusted Book per Share too high?
SIIC Environment Holdings' current Cyclically Adjusted Book per Share is €0.50. Overall, SIIC Environment Holdings has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SIIC Environment Holdings' Cyclically Adjusted Book per Share compare to AWK and WTRG?
SIIC Environment Holdings' Cyclically Adjusted Book per Share of €0.50 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 SIIC Environment Holdings and its competitors. SIIC Environment Holdings's current Cyclically Adjusted Book per Share is €0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIIC Environment Holdings stock overvalued right now?
Based on GuruFocus' analysis, SIIC Environment Holdings (STU:A9W1) is currently considered Fairly Valued. The stock's GF Value™ is €0.10, compared to a current price of €0.11 — trading 6% above its estimated fair value. The current Cyclically Adjusted Book per Share is €0.50. SIIC Environment Holdings' overall GF Score™ is 47/100 with 8 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 SIIC Environment Holdings (STU:A9W1), the current Cyclically Adjusted Book per Share is €0.50 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.

Is SIIC Environment Holdings (STU:A9W1) Overvalued in 2026?

Based on GuruFocus' analysis, SIIC Environment Holdings stock appears to be overvalued. The current stock price of €0.11 is trading 6% above its estimated GF Value™ of €0.10. GuruFocus considers SIIC Environment Holdings to be Fairly Valued.

Key valuation signals for STU:A9W1:

  • Cyclically Adjusted Book per Share: €0.50
  • GF Value™: €0.10 vs. price of €0.11 (6% above fair value)
  • GF Score™: 47/100 with 8 warning signs

No single metric tells the full story. See the STU:A9W1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SIIC Environment Holdings Business Description

Address One Temasek Avenue, No. 37-02 Millenia Tower, Singapore, SGP, 039192
SIIC Environment Holdings Ltd operates in water treatment, solid waste treatment, and other environment-related businesses. It designs and constructs water treatment systems and plants for private and public clients. In addition, the company constructs and operates water-related infrastructure under service concession arrangements that can last decades. Some projects are financed, built, and transferred to an external party at the end of the concession period. SIIC Environment has three operating segments; Water and Sludge Treatment (majority of total revenue), water supply and Waste-to-Energy. Activities related to Waste-to-Energy are granted under concession arrangements, and must meet a specified level of serviceability. The company operates in China.
47GF Score

Get the complete analysis for STU:A9W1

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

€0.11
Price
€0.10
GF Value