Mercurius Capital Investments (SGX:5RF) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

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What is Mercurius Capital Investments Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercurius Capital Investments  (SGX:5RF) 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.


Mercurius Capital Investments Cyclically Adjusted PB Ratio Related Terms


Mercurius Capital Investments Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mercurius Capital Investments'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.

Mercurius Capital Investments Cyclically Adjusted PB Ratio Chart

Mercurius Capital Investments 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 2.77 1.93 0.00 1.60 4.14

Mercurius Capital Investments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.92 2.40 3.29 4.14 5.51

SGX:5RF vs HHC: Cyclically Adjusted PB Ratio Comparison

For the Real Estate - Diversified subindustry, Mercurius Capital Investments'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.


Mercurius Capital Investments Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mercurius Capital Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mercurius Capital Investments 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.

Mercurius Capital Investments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Mercurius Capital Investments's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.003/330.2130*330.2130
=-0.003

Current CPI (Mar. 2026) = 330.2130.

Mercurius Capital Investments Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.017 241.018 0.023
201609 0.020 241.428 0.027
201612 0.000 241.432 0.000
201703 -0.002 243.801 -0.003
201706 -0.001 244.955 -0.001
201709 -0.001 246.819 -0.001
201712 0.000 246.524 0.000
201803 0.000 249.554 0.000
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.005 256.759 0.006
201912 0.004 256.974 0.005
202003 0.004 258.115 0.005
202006 0.004 257.797 0.005
202009 0.004 260.280 0.005
202012 0.003 260.474 0.004
202103 0.003 264.877 0.004
202106 0.003 271.696 0.004
202109 0.004 274.310 0.005
202112 0.002 278.802 0.002
202203 0.002 287.504 0.002
202206 0.002 296.311 0.002
202209 0.001 296.808 0.001
202212 0.007 296.797 0.008
202303 0.006 301.836 0.007
202306 0.004 305.109 0.004
202309 -0.001 307.789 -0.001
202312 0.000 306.746 0.000
202403 -0.001 312.332 -0.001
202406 -0.002 314.175 -0.002
202409 -0.002 315.301 -0.002
202412 -0.003 315.605 -0.003
202503 -0.003 319.799 -0.003
202506 -0.003 322.561 -0.003
202509 -0.003 324.800 -0.003
202512 -0.003 324.054 -0.003
202603 -0.003 330.213 -0.003

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.


Mercurius Capital Investments Business Description

Address 138 Robinson Road, No. 26-03, Oxley Tower, Singapore, SGP, 068906
Mercurius Capital Investments Ltd is engaged in property development, property investment and groceries business, which involves activities such as real estate-related investments and property development activities and holding of investments in real estate and residential, hospitality, commercial, industrial and any other suitable types of properties; acquisition and holding of investments in Property Related Assets, as well as trading in and holding the same for long term investment purposes; the manufacture, wholesale, distribution, warehousing and logistics, retain and trading of groceries products; and the operation of supermarkets and convenience stores as well as manufacturing, warehousing and logistics facilities.