SGGKF (Singapore Technologies Engineering) Cyclically Adjusted PB Ratio: 13.33 (As of Jul. 20, 2026) — 152% Above Median

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SGGKF Singapore Technologies Engineering Ltd SGGKF
73 GF Score
Price $8.53
GF Value $3.96
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Singapore Technologies Engineering Cyclically Adjusted PB Ratio?

Singapore Technologies Engineering SGGKF 73 Cyclically Adjusted PB Ratio is 13.33 as of Jul. 20, 2026, which is 152% above its 10-year median of 5.30. GuruFocus rates SGGKF with a GF Score™ of 73/100 and a GF Value™ of $3.96 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 214 Aerospace & Defense companies, Singapore Technologies Engineering ranks worse than 85.05% on this metric.

As of today (2026-07-20), Singapore Technologies Engineering's current share price is $8.53. Singapore Technologies Engineering's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.64. Singapore Technologies Engineering's Cyclically Adjusted PB Ratio for today is 13.33.

The historical rank and industry rank for Singapore Technologies Engineering's Cyclically Adjusted PB Ratio or its related term are showing as below:

SGGKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.95   Med: 5.3   Max: 12.82
Current: 11.73

During the past 13 years, Singapore Technologies Engineering's highest Cyclically Adjusted PB Ratio was 12.82. The lowest was 3.95. And the median was 5.30.

SGGKF's Cyclically Adjusted PB Ratio is ranked worse than
85.05% of 214 companies
in the Aerospace & Defense industry
Industry Median: 3.42 vs SGGKF: 11.73

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.

Singapore Technologies Engineering's adjusted book value per share data of for the fiscal year that ended in Dec25 was $0.640. 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 $0.64 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Singapore Technologies Engineering  (OTCPK:SGGKF) 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.


Singapore Technologies Engineering Cyclically Adjusted PB Ratio Related Terms


Singapore Technologies Engineering Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Singapore Technologies Engineering'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.

Singapore Technologies Engineering Cyclically Adjusted PB Ratio Chart

Singapore Technologies Engineering Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 3.98 4.53 5.31 9.47

Singapore Technologies Engineering Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.53 0.00 5.31 0.00 9.47

SGGKF vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Singapore Technologies Engineering'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.


Singapore Technologies Engineering Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Singapore Technologies Engineering's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Singapore Technologies Engineering's Cyclically Adjusted PB Ratio falls into.


SGGKF
73GF Score
Singapore Technologies Engineering Ltd SGGKF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Singapore Technologies Engineering 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.

Singapore Technologies Engineering's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.53/0.64
=13.33

* 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.

Singapore Technologies Engineering's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Singapore Technologies Engineering's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.64/324.0540*324.0540
=0.640

Current CPI (Dec25) = 324.0540.

Singapore Technologies Engineering Annual Data

Book Value per Share CPI Adj_Book
201612 0.485 241.432 0.651
201712 0.528 246.524 0.694
201812 0.525 251.233 0.677
201912 0.526 256.974 0.663
202012 0.552 260.474 0.687
202112 0.568 278.802 0.660
202212 0.570 296.797 0.622
202312 0.593 306.746 0.626
202412 0.635 315.605 0.652
202512 0.640 324.054 0.640

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.

What does a Cyclically Adjusted PB Ratio of 13.33 mean?
Singapore Technologies Engineering (SGGKF) has a Cyclically Adjusted PB Ratio of 13.33 as of Jul. 20, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Singapore Technologies Engineering and its competitors. This is 152% above median its historical median of 5.30. Over the past decade, Singapore Technologies Engineering's Cyclically Adjusted PB Ratio has ranged from 3.95 to 12.82. According to the industry distribution chart, Singapore Technologies Engineering ranks #182 out of 214 companies in the Aerospace & Defense industry, placing it in the top 85%.
Is Singapore Technologies Engineering's Cyclically Adjusted PB Ratio too high?
Singapore Technologies Engineering's current Cyclically Adjusted PB Ratio of 13.33 is 152% above median its 10-year median of 5.30. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 12.82. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.42. Singapore Technologies Engineering's value of 13.33 is 289.8% above this industry median. Based on the distribution chart, Singapore Technologies Engineering ranks #182 out of 214 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Singapore Technologies Engineering has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Technologies Engineering's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Singapore Technologies Engineering ranks #182 out of 214 companies for Cyclically Adjusted PB Ratio. This places Singapore Technologies Engineering in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.42. Singapore Technologies Engineering's value of 13.33 is 289.8% above this benchmark. Historically, Singapore Technologies Engineering's own Cyclically Adjusted PB Ratio has ranged from 3.95 to 12.82 over the past decade. While the company's 10-year median is 5.30 vs. the industry median of 3.42, Singapore Technologies Engineering has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.42, based on 214 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Singapore Technologies Engineering's current Cyclically Adjusted PB Ratio of 13.33 is 289.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Singapore Technologies Engineering and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Technologies Engineering's current Cyclically Adjusted PB Ratio is 13.33, which is 152% above median its own 10-year median of 5.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Technologies Engineering stock overvalued right now?
Based on GuruFocus' analysis, Singapore Technologies Engineering (SGGKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.96, compared to a current price of $8.53 — trading 115.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.33, which is 152% above median its 10-year median of 5.30 and 289.8% above the Aerospace & Defense industry median of 3.42. Singapore Technologies Engineering's overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Singapore Technologies Engineering (SGGKF), the current Cyclically Adjusted PB Ratio is 13.33 as of Jul. 20, 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.

Is Singapore Technologies Engineering (SGGKF) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Technologies Engineering stock appears to be overvalued. The current stock price of $8.53 is trading 115.4% above its estimated GF Value™ of $3.96. GuruFocus considers Singapore Technologies Engineering to be Significantly Overvalued.

Key valuation signals for SGGKF:

  • Cyclically Adjusted PB Ratio: 13.33 (152% above median its 10-year median of 5.30)
  • GF Value™: $3.96 vs. price of $8.53 (115.4% above fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 289.8% above the Aerospace & Defense median (#182 of 214)

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


Singapore Technologies Engineering Business Description

Address 1 Ang Mo Kio Electronics Park Road, No. 07-01, No. 07-01, ST Engineering Hub, Singapore, SGP, 567710
ST Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to defense and smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.
73GF Score

Get the complete analysis for SGGKF

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

$8.53
Price
$3.96
GF Value