Southern Packaging Group (SGX:BQP) Cyclically Adjusted PB Ratio: 0.21 (As of Sep. 14, 2026) — 28% Below Median

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SGX:BQP Southern Packaging Group Ltd SGX:BQP
38 GF Score
Price S$0.33
GF Value S$0.41
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Southern Packaging Group Cyclically Adjusted PB Ratio?

Southern Packaging Group SGX:BQP 38 Cyclically Adjusted PB Ratio is 0.21 as of Sep. 14, 2026, which is 28% below its 10-year median of 0.29. GuruFocus rates SGX:BQP with a GF Score™ of 38/100 and a GF Value™ of S$0.41 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 268 Packaging & Containers companies, Southern Packaging Group ranks better than 95.15% on this metric.

As of today (2026-09-14), Southern Packaging Group's current share price is S$0.33. Southern Packaging Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was S$1.58. Southern Packaging Group's Cyclically Adjusted PB Ratio for today is 0.21.

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

SGX:BQP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.29   Max: 0.62
Current: 0.21

During the past 13 years, Southern Packaging Group's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.14. And the median was 0.29.

SGX:BQP's Cyclically Adjusted PB Ratio is ranked better than
95.15% of 268 companies
in the Packaging & Containers industry
Industry Median: 1.075 vs SGX:BQP: 0.21

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.

Southern Packaging Group's adjusted book value per share data of for the fiscal year that ended in Dec25 was S$1.299. 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$1.58 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Packaging Group  (SGX:BQP) 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.


Southern Packaging Group Cyclically Adjusted PB Ratio Related Terms


Southern Packaging Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Southern Packaging Group'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.

Southern Packaging Group Cyclically Adjusted PB Ratio Chart

Southern Packaging Group 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 0.30 0.25 0.37 0.28 0.20

Southern Packaging Group 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 0.00 0.28 0.00 0.20 0.00

SGX:BQP vs SW, AMCR, PKG: Cyclically Adjusted PB Ratio Comparison

For the Packaging & Containers subindustry, Southern Packaging Group'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.


Southern Packaging Group Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Southern Packaging Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


SGX:BQP
38GF Score
Southern Packaging Group Ltd SGX:BQP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Packaging Group 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.

Southern Packaging Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.33/1.58
=0.21

* 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.

Southern Packaging Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Southern Packaging Group'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)
=1.299/115.8323*115.8323
=1.299

Current CPI (Dec25) = 115.8323.

Southern Packaging Group Annual Data

Book Value per Share CPI Adj_Book
201612 1.561 102.600 1.762
201712 1.596 104.500 1.769
201812 1.549 106.500 1.685
201912 1.531 111.200 1.595
202012 1.624 111.500 1.687
202112 1.746 113.108 1.788
202212 1.479 115.116 1.488
202312 1.388 114.781 1.401
202412 1.330 114.893 1.341
202512 1.299 115.832 1.299

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 0.21 mean?
Southern Packaging Group (SGX:BQP) has a Cyclically Adjusted PB Ratio of 0.21 as of Sep. 14, 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 Southern Packaging Group and its competitors. This is 28% below median its historical median of 0.29. Over the past decade, Southern Packaging Group's Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.62. According to the industry distribution chart, Southern Packaging Group ranks #13 out of 268 companies in the Packaging & Containers industry, placing it in the top 4.9%.
Is Southern Packaging Group's Cyclically Adjusted PB Ratio too high?
Southern Packaging Group's current Cyclically Adjusted PB Ratio of 0.21 is 28% below median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.62. The Packaging & Containers industry median Cyclically Adjusted PB Ratio is 1.08. Southern Packaging Group's value of 0.21 is 80.5% below this industry median. Based on the distribution chart, Southern Packaging Group ranks #13 out of 268 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Packaging Group has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Packaging Group's Cyclically Adjusted PB Ratio compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Southern Packaging Group ranks #13 out of 268 companies for Cyclically Adjusted PB Ratio. This places Southern Packaging Group in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.08. Southern Packaging Group's value of 0.21 is 80.5% below this benchmark. Historically, Southern Packaging Group's own Cyclically Adjusted PB Ratio has ranged from 0.14 to 0.62 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.08, Southern Packaging Group 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 Packaging & Containers company?
The median Cyclically Adjusted PB Ratio among Packaging & Containers companies is 1.08, based on 268 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. Southern Packaging Group's current Cyclically Adjusted PB Ratio of 0.21 is 80.5% 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 Southern Packaging Group and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Packaging Group's current Cyclically Adjusted PB Ratio is 0.21, which is 28% below median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Packaging Group stock overvalued right now?
Based on GuruFocus' analysis, Southern Packaging Group (SGX:BQP) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.41, compared to a current price of S$0.33 — trading 19.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.21, which is 28% below median its 10-year median of 0.29 and 80.5% below the Packaging & Containers industry median of 1.08. Southern Packaging Group's overall GF Score™ is 38/100 with 6 warning signs to review. 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 Southern Packaging Group (SGX:BQP), the current Cyclically Adjusted PB Ratio is 0.21 as of Sep. 14, 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.

Is Southern Packaging Group (SGX:BQP) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Packaging Group stock appears to be undervalued. The current stock price of S$0.33 is trading 19.5% below its estimated GF Value™ of S$0.41. GuruFocus considers Southern Packaging Group to be Modestly Undervalued.

Key valuation signals for SGX:BQP:

  • Cyclically Adjusted PB Ratio: 0.21 (28% below median its 10-year median of 0.29)
  • GF Value™: S$0.41 vs. price of S$0.33 (19.5% below fair value)
  • GF Score™: 38/100 with 6 warning signs
  • Industry Position: 80.5% below the Packaging & Containers median (#13 of 268)

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


Southern Packaging Group Business Description

Address No 9 Foping Four Road, Gui Cheng Sub-district, Nanhai District, Guangdong Province, Foshan, CHN, 528251
Southern Packaging Group Ltd is engaged in the production of flexible and rigid packaging products used in the food, medical, personal grooming, and household industries. It has three segments Flexible packaging segment mainly manufactures plastic packaging bags with designs supplied by customers for the pharmaceutical industry, food and beverage industry, and hygiene industry; the Rigid packaging segment mainly manufactures polyethylene terephthalate (PET) bottles together with the printing of design onto the bottle for the pharmaceutical industry, food and beverage industry, and hygiene industry; property development segment refers to business of developing and holding property for future sale in the ordinary course of business or earn rental income.
38GF Score

Get the complete analysis for SGX:BQP

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

S$0.33
Price
S$0.41
GF Value