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Tung Lok Restaurants(2000) (SGX:540) Cyclically Adjusted PB Ratio : 1.66 (As of Dec. 13, 2024)


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What is Tung Lok Restaurants(2000) Cyclically Adjusted PB Ratio?

As of today (2024-12-13), Tung Lok Restaurants(2000)'s current share price is S$0.116. Tung Lok Restaurants(2000)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was S$0.07. Tung Lok Restaurants(2000)'s Cyclically Adjusted PB Ratio for today is 1.66.

The historical rank and industry rank for Tung Lok Restaurants(2000)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

SGX:540' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.58   Max: 4.4
Current: 1.74

During the past 13 years, Tung Lok Restaurants(2000)'s highest Cyclically Adjusted PB Ratio was 4.40. The lowest was 1.34. And the median was 2.58.

SGX:540's Cyclically Adjusted PB Ratio is ranked better than
54.11% of 231 companies
in the Restaurants industry
Industry Median: 1.95 vs SGX:540: 1.74

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.

Tung Lok Restaurants(2000)'s adjusted book value per share data of for the fiscal year that ended in Mar24 was S$0.058. 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$0.07 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tung Lok Restaurants(2000) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tung Lok Restaurants(2000)'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.

Tung Lok Restaurants(2000) Cyclically Adjusted PB Ratio Chart

Tung Lok Restaurants(2000) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 2.72 2.32 1.95 1.49

Tung Lok Restaurants(2000) Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 1.95 - 1.49 -

Competitive Comparison of Tung Lok Restaurants(2000)'s Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Tung Lok Restaurants(2000)'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.


Tung Lok Restaurants(2000)'s Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tung Lok Restaurants(2000)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tung Lok Restaurants(2000)'s Cyclically Adjusted PB Ratio falls into.



Tung Lok Restaurants(2000) 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.

Tung Lok Restaurants(2000)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.116/0.07
=1.66

* 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.

Tung Lok Restaurants(2000)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Tung Lok Restaurants(2000)'s adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.058/131.7762*131.7762
=0.058

Current CPI (Mar24) = 131.7762.

Tung Lok Restaurants(2000) Annual Data

Book Value per Share CPI Adj_Book
201503 0.058 99.621 0.077
201603 0.061 100.470 0.080
201703 0.063 102.862 0.081
201803 0.058 105.290 0.073
201903 0.055 107.251 0.068
202003 0.046 108.902 0.056
202103 0.049 111.754 0.058
202203 0.043 121.301 0.047
202303 0.058 127.348 0.060
202403 0.058 131.776 0.058

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.


Tung Lok Restaurants(2000)  (SGX:540) 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.


Tung Lok Restaurants(2000) Cyclically Adjusted PB Ratio Related Terms

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Tung Lok Restaurants(2000) Business Description

Traded in Other Exchanges
N/A
Address
26 Tai Seng Street, Number 02-01, Singapore, SGP, 534057
Tung Lok Restaurants(2000) Ltd operates restaurant chains. In addition, the company also provides outdoor events catering services. Its restaurants include LingZhi Vegetarian, Dancing Crab, TungLok Teahouse, Slappy Cakes, My Humble House, and TungLok Signatures. The company generates the majority of its revenue from Singapore. It operates in the business segments namely; Restaurant, Catering, Manufacturing, and Other. The Restaurant segment generates the majority of revenue for the company.

Tung Lok Restaurants(2000) Headlines

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