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Straits Trading Co (FRA:W2F) Cyclically Adjusted PB Ratio : 0.35 (As of Sep. 26, 2024)


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What is Straits Trading Co Cyclically Adjusted PB Ratio?

As of today (2024-09-26), Straits Trading Co's current share price is €0.99. Straits Trading Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €2.82. Straits Trading Co's Cyclically Adjusted PB Ratio for today is 0.35.

The historical rank and industry rank for Straits Trading Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:W2F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.49   Max: 0.8
Current: 0.34

During the past 13 years, Straits Trading Co's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.30. And the median was 0.49.

FRA:W2F's Cyclically Adjusted PB Ratio is ranked better than
68.83% of 1585 companies
in the Metals & Mining industry
Industry Median: 0.82 vs FRA:W2F: 0.34

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.

Straits Trading Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was €2.241. 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 €2.82 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Straits Trading Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Straits Trading Co's Cyclically Adjusted PB Ratio 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.

* Premium members only.

Straits Trading Co Cyclically Adjusted PB Ratio Chart

Straits Trading Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.45 0.68 0.55 0.43

Straits Trading Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cyclically Adjusted PB Ratio 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 - 0.55 - 0.43 -

Competitive Comparison of Straits Trading Co's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Straits Trading Co'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.


Straits Trading Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Straits Trading Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Straits Trading Co's Cyclically Adjusted PB Ratio falls into.



Straits Trading Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Straits Trading Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.99/2.82
=0.35

* 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.

Straits Trading Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Straits Trading Co's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.241/129.4194*129.4194
=2.241

Current CPI (Dec23) = 129.4194.

Straits Trading Co Annual Data

Book Value per Share CPI Adj_Book
201412 2.048 99.070 2.675
201512 2.072 99.792 2.687
201612 2.208 101.863 2.805
201712 2.273 104.011 2.828
201812 2.308 105.998 2.818
201912 2.475 108.420 2.954
202012 2.332 109.897 2.746
202112 2.826 117.630 3.109
202212 2.697 125.222 2.787
202312 2.241 129.419 2.241

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


Straits Trading Co  (FRA:W2F) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Straits Trading Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Straits Trading Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Straits Trading Co Business Description

Traded in Other Exchanges
Address
1 Wallich Street, No. 15-01, Guoco Tower, Singapore, SGP, 078881
Straits Trading Co Ltd is an investment company. The company operates in four business segments, Resources segment involved in the smelting of tin concentrates and tin bearing materials, the production of various grades of refined tin metal and the sale and delivery of refined tin metal and by-products, as well as investments in other metals and mineral resources. The Real Estate segment comprises s property investment, sales and leasing, property development, as well as property and real estate fund management. Its Hospitality business includes hotel ownership and hotel management under Far East Hospitality Holdings Pte. Ltd. It derives maximum revenue from the Resources segment. Geographically, it derives a majority of revenue from Malaysia.

Straits Trading Co Headlines

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