Vicplas International (SGX:569) Cyclically Adjusted PB Ratio: 0.45 (As of Sep. 16, 2026) — 48% Below Median

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What is Vicplas International Cyclically Adjusted PB Ratio?

Vicplas International SGX:569 Cyclically Adjusted PB Ratio is 0.45 as of Sep. 16, 2026, which is 48% below its 10-year median of 0.86. The stock has 5 warning signs investors should review. Among 513 Medical Devices & Instruments companies, Vicplas International ranks better than 83.82% on this metric.

As of today (2026-09-16), Vicplas International's current share price is S$0.07. Vicplas International's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul25 was S$0.16. Vicplas International's Cyclically Adjusted PB Ratio for today is 0.45.

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

SGX:569' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.86   Max: 5
Current: 0.45

During the past 13 years, Vicplas International's highest Cyclically Adjusted PB Ratio was 5.00. The lowest was 0.45. And the median was 0.86.

SGX:569's Cyclically Adjusted PB Ratio is ranked better than
83.82% of 513 companies
in the Medical Devices & Instruments industry
Industry Median: 1.8 vs SGX:569: 0.45

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.

Vicplas International's adjusted book value per share data of for the fiscal year that ended in Jul25 was S$0.140. 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$0.16 for the trailing ten years ended in Jul25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicplas International  (SGX:569) 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.


Vicplas International Cyclically Adjusted PB Ratio Related Terms


Vicplas International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Vicplas International'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.

Vicplas International Cyclically Adjusted PB Ratio Chart

Vicplas International Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.59 1.37 0.99 0.66 0.59

Vicplas International Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.94 0.66 0.60 0.59 0.59

SGX:569 vs ABT, SYK, MDT: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Vicplas 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.


Vicplas International Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Vicplas International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vicplas International 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.

Vicplas International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.07/0.155
=0.45

* 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.

Vicplas International's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul25 is calculated as:

For example, Vicplas International's adjusted Book Value per Share data for the fiscal year that ended in Jul25 was:

Adj_Book=Book Value per Share/CPI of Jul25 (Change)*Current CPI (Jul25)
=0.14/323.0480*323.0480
=0.140

Current CPI (Jul25) = 323.0480.

Vicplas International Annual Data

Book Value per Share CPI Adj_Book
201607 0.117 240.628 0.157
201707 0.116 244.786 0.153
201807 0.116 252.006 0.149
201907 0.120 256.571 0.151
202007 0.122 259.101 0.152
202107 0.140 273.003 0.166
202207 0.153 296.276 0.167
202307 0.154 305.691 0.163
202407 0.146 314.540 0.150
202507 0.140 323.048 0.140

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 0.45 mean?
Vicplas International (SGX:569) has a Cyclically Adjusted PB Ratio of 0.45 as of Sep. 16, 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 Vicplas International and its competitors. This is 48% below median its historical median of 0.86. Over the past decade, Vicplas International's Cyclically Adjusted PB Ratio has ranged from 0.45 to 5.00. According to the industry distribution chart, Vicplas International ranks #83 out of 513 companies in the Medical Devices & Instruments industry, placing it in the top 16.2%.
Is Vicplas International's Cyclically Adjusted PB Ratio too high?
Vicplas International's current Cyclically Adjusted PB Ratio of 0.45 is 48% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 5.00. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.80. Vicplas International's value of 0.45 is 75% below this industry median. Based on the distribution chart, Vicplas International ranks #83 out of 513 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers.
How does Vicplas International's Cyclically Adjusted PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Vicplas International ranks #83 out of 513 companies for Cyclically Adjusted PB Ratio. This places Vicplas International in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.80. Vicplas International's value of 0.45 is 75% below this benchmark. Historically, Vicplas International's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 5.00 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 1.80, Vicplas International has consistently been below 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 a Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.80, based on 513 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. Vicplas International's current Cyclically Adjusted PB Ratio of 0.45 is 75% below 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 Vicplas International and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicplas International's current Cyclically Adjusted PB Ratio is 0.45, which is 48% below median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicplas International stock overvalued right now?
Based on GuruFocus' analysis, Vicplas International (SGX:569) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.11, compared to a current price of S$0.07 — trading 36.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.45, which is 48% below median its 10-year median of 0.86 and 75% below the Medical Devices & Instruments industry median of 1.80. 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 Vicplas International (SGX:569), the current Cyclically Adjusted PB Ratio is 0.45 as of Sep. 16, 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.

Vicplas International Business Description

Address 35 Joo Koon Circle, Singapore, SGP, 629110
Vicplas International Ltd is an investment holding company. The company is organized into two main business activities: the Pipes and Pipe Fitting segment and the Medical Devices segment, which is the key revenue driver. Pipes and Pipe Fittings segment engages in the manufacturing and distribution of plastic building products, including uPVC pipes and pipe fittings and electrical conduits. The Medical device segment is involved in the research, design, development, and manufacture of medical devices. The company generates majority of its revenue from medical devices. The company does its sales through geographical segments that include Singapore, Malaysia, Mexico, China, and the United Kingdom, of which the majority of the revenue comes from Singapore.