Banyan Tree Holdings (SGX:B58) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:B58 Banyan Tree Holdings Ltd SGX:B58
43 GF Score
Price S$0.50
GF Value S$0.63
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Banyan Tree Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Banyan Tree Holdings  (SGX:B58) 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.


Banyan Tree Holdings Cyclically Adjusted PB Ratio Related Terms


Banyan Tree Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Banyan Tree Holdings'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.

Banyan Tree Holdings Cyclically Adjusted PB Ratio Chart

Banyan Tree Holdings 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 0.32 0.32 0.35 0.35 0.63

Banyan Tree Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.40 0.35 0.43 0.64 0.55

SGX:B58 vs LVS, MGM, WYNN: Cyclically Adjusted PB Ratio Comparison

For the Resorts & Casinos subindustry, Banyan Tree Holdings'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.


Banyan Tree Holdings Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Banyan Tree Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SGX:B58
43GF Score
Banyan Tree Holdings Ltd SGX:B58
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banyan Tree Holdings 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.

Banyan Tree Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Banyan Tree Holdings'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)
=1.028/324.0540*324.0540
=1.028

Current CPI (Dec25) = 324.0540.

Banyan Tree Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 0.963 241.432 1.293
201712 0.924 246.524 1.215
201812 0.855 251.233 1.103
201912 0.890 256.974 1.122
202012 0.746 260.474 0.928
202112 0.627 278.802 0.729
202212 0.615 296.797 0.671
202312 0.882 306.746 0.932
202412 0.957 315.605 0.983
202512 1.028 324.054 1.028

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.

Is Banyan Tree Holdings (SGX:B58) Overvalued in 2026?

Based on GuruFocus' analysis, Banyan Tree Holdings stock appears to be undervalued. The current stock price of S$0.50 is trading 21.4% below its estimated GF Value™ of S$0.63. GuruFocus considers Banyan Tree Holdings to be Modestly Undervalued.

Key valuation signals for SGX:B58:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: S$0.63 vs. price of S$0.50 (21.4% below fair value)
  • GF Score™: 43/100 with 6 warning signs

No single metric tells the full story. See the SGX:B58 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banyan Tree Holdings Business Description

Other Exchanges BYNEF:USA1O7:Germany
Address 211 Upper Bukit Timah Road, Singapore, SGP, 588182
Banyan Tree Holdings Ltd is a multi-branded hospitality group with a portfolio of hotels, resorts, spas, galleries, golf courses, & residences centered on five brands (Banyan Tree, Angsana, Cassia, Dhawa, & Laguna). The company operates in three segments: The Hotel investments segment relates to hotel & restaurant operations. The Residences segment comprises hotel residences, Laguna property sales, & development project/site sales; & the Fee-based segment comprises the management of hotels & resorts, management of the club, spas, private equity funds, sales of merchandise, the provision of architectural & design services, and Others. Its geographical segments are Singapore, South East Asia, Indian Oceania, the Middle East, North-East Asia, & the Rest of the world.
43GF Score

Get the complete analysis for SGX:B58

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

S$0.50
Price
S$0.63
GF Value