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GKE (SGX:595) Cyclically Adjusted PB Ratio : 0.52 (As of Jun. 09, 2024)


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What is GKE Cyclically Adjusted PB Ratio?

As of today (2024-06-09), GKE's current share price is S$0.073. GKE's Cyclically Adjusted Book per Share for the fiscal year that ended in May23 was S$0.14. GKE's Cyclically Adjusted PB Ratio for today is 0.52.

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

SGX:595' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.59   Max: 1.32
Current: 0.53

During the past 13 years, GKE's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 0.36. And the median was 0.59.

SGX:595's Cyclically Adjusted PB Ratio is ranked better than
82.3% of 723 companies
in the Transportation industry
Industry Median: 1.25 vs SGX:595: 0.53

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.

GKE's adjusted book value per share data of for the fiscal year that ended in May23 was S$0.119. 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$0.14 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


GKE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GKE'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.

GKE Cyclically Adjusted PB Ratio Chart

GKE Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.46 0.99 0.72 0.52

GKE Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 0.72 - 0.52 -

Competitive Comparison of GKE's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, GKE'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.


GKE's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, GKE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GKE 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.

GKE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.073/0.14
=0.52

* 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.

GKE's Cyclically Adjusted Book per Share for the fiscal year that ended in May23 is calculated as:

For example, GKE's adjusted Book Value per Share data for the fiscal year that ended in May23 was:

Adj_Book=Book Value per Share/CPI of May23 (Change)*Current CPI (May23)
=0.119/128.3144*128.3144
=0.119

Current CPI (May23) = 128.3144.

GKE Annual Data

Book Value per Share CPI Adj_Book
201405 0.147 100.373 0.188
201505 0.121 100.333 0.155
201605 0.131 101.355 0.166
201705 0.118 103.256 0.147
201805 0.104 106.148 0.126
201905 0.100 108.048 0.119
202005 0.098 108.175 0.116
202105 0.114 113.576 0.129
202205 0.115 123.323 0.120
202305 0.119 128.314 0.119

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.


GKE  (SGX:595) 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.


GKE Cyclically Adjusted PB Ratio Related Terms

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


GKE (SGX:595) Business Description

Industry
Traded in Other Exchanges
N/A
Address
39 Benoi Road, No. 06-01, Singapore, SGP, 627725
GKE Corp Ltd is an investment holding firm. The company with its subsidiaries is engaged in providing integrated warehousing and logistics solutions, multi-modal solutions for supply chain management. It is organized in business segments namely, Investment holding; Warehouse and logistics; Infrastructural materials and services and Agriculture. The company generates maximum revenue from the Warehouse and logistics segment.

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