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Beng Kuang Marine (SGX:BEZ) Cyclically Adjusted PB Ratio : 0.47 (As of Jun. 01, 2025)


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What is Beng Kuang Marine Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Beng Kuang Marine's current share price is S$0.18. Beng Kuang Marine's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was S$0.38. Beng Kuang Marine's Cyclically Adjusted PB Ratio for today is 0.47.

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

SGX:BEZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.12   Max: 0.69
Current: 0.48

During the past 13 years, Beng Kuang Marine's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.05. And the median was 0.12.

SGX:BEZ's Cyclically Adjusted PB Ratio is ranked better than
69.4% of 781 companies
in the Oil & Gas industry
Industry Median: 0.9 vs SGX:BEZ: 0.48

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.

Beng Kuang Marine's adjusted book value per share data of for the fiscal year that ended in Dec24 was S$0.105. 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$0.38 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beng Kuang Marine Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beng Kuang Marine'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.

Beng Kuang Marine Cyclically Adjusted PB Ratio Chart

Beng Kuang Marine Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.16 0.11 0.15 0.60

Beng Kuang Marine Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.11 - 0.15 - 0.60

Competitive Comparison of Beng Kuang Marine's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Beng Kuang Marine'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.


Beng Kuang Marine's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beng Kuang Marine's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Beng Kuang Marine 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.

Beng Kuang Marine's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.18/0.38
=0.47

* 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.

Beng Kuang Marine's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Beng Kuang Marine's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.105/133.1571*133.1571
=0.105

Current CPI (Dec24) = 133.1571.

Beng Kuang Marine Annual Data

Book Value per Share CPI Adj_Book
201512 0.565 99.792 0.754
201612 0.570 101.863 0.745
201712 0.477 104.011 0.611
201812 0.389 105.998 0.489
201912 0.388 108.420 0.477
202012 0.272 109.897 0.330
202112 0.140 117.630 0.158
202212 0.031 125.222 0.033
202312 0.048 129.419 0.049
202412 0.105 133.157 0.105

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.


Beng Kuang Marine  (SGX:BEZ) 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.


Beng Kuang Marine Cyclically Adjusted PB Ratio Related Terms

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


Beng Kuang Marine Business Description

Industry
Traded in Other Exchanges
N/A
Address
2 Venture Drive, No. 14-15, Vision Exchange, Singapore, SGP, 608526
Beng Kuang Marine Ltd is engaged in the provision of corrosion prevention services relating to the repair of ships, tankers and other ocean-going vessels and investment holding. The company operates through the following segments: Infrastructure Engineering, Corrosion Prevention, Corporate Services, and Others segment. A majority of the company's revenue is generated from the Infrastructure Engineering segment which relates to the provision of a wide range of engineering services including repairs and maintenance of floating production platforms, onshore and offshore marine fabrications, and the production and supply of customized pedestal cranes and deck equipment.

Beng Kuang Marine Headlines

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