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Raffles Infrastructure Holdings (SGX:LUY) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 19, 2024)


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What is Raffles Infrastructure Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Raffles Infrastructure Holdings's current share price is S$0.035. Raffles Infrastructure Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was S$2.46. Raffles Infrastructure Holdings's Cyclically Adjusted PB Ratio for today is 0.01.

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

SGX:LUY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.14
Current: 0.01

During the past years, Raffles Infrastructure Holdings's highest Cyclically Adjusted PB Ratio was 0.14. The lowest was 0.01. And the median was 0.05.

SGX:LUY's Cyclically Adjusted PB Ratio is not ranked
in the Construction industry.
Industry Median: 1.09 vs SGX:LUY: 0.01

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.

Raffles Infrastructure Holdings's adjusted book value per share data for the three months ended in Jun. 2023 was S$0.570. 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$2.46 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raffles Infrastructure Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Raffles Infrastructure 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.

* Premium members only.

Raffles Infrastructure Holdings Cyclically Adjusted PB Ratio Chart

Raffles Infrastructure Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.08 0.12 0.07 -

Raffles Infrastructure Holdings Quarterly Data
Jun18 Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.02 0.02 0.02 0.01 0.01

Competitive Comparison of Raffles Infrastructure Holdings's Cyclically Adjusted PB Ratio

For the Infrastructure Operations subindustry, Raffles Infrastructure 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.


Raffles Infrastructure Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Raffles Infrastructure Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Raffles Infrastructure 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.

Raffles Infrastructure Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.035/2.46
=0.01

* 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.

Raffles Infrastructure Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Raffles Infrastructure Holdings's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.57/114.5578*114.5578
=0.570

Current CPI (Jun. 2023) = 114.5578.

Raffles Infrastructure Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201303 5.405 96.372 6.425
201306 5.548 95.984 6.622
201309 5.580 97.332 6.568
201312 5.612 97.624 6.585
201403 5.532 98.600 6.427
201406 5.415 98.200 6.317
201409 5.547 98.900 6.425
201412 5.777 99.000 6.685
201503 5.994 99.900 6.873
201506 5.923 99.500 6.819
201509 6.093 100.500 6.945
201603 5.743 102.200 6.437
201606 5.588 101.400 6.313
201609 0.244 102.400 0.273
201612 0.227 102.600 0.253
201703 0.219 103.200 0.243
201706 0.210 103.100 0.233
201709 0.200 104.100 0.220
201712 0.188 104.500 0.206
201803 0.170 105.300 0.185
201806 0.147 104.900 0.161
201809 0.417 106.600 0.448
201903 0.603 107.700 0.641
201906 0.487 107.700 0.518
201909 0.469 109.800 0.489
201912 0.461 111.200 0.475
202003 0.587 112.300 0.599
202006 0.551 110.400 0.572
202009 0.569 111.700 0.584
202012 0.583 111.500 0.599
202103 0.588 112.662 0.598
202106 0.591 111.769 0.606
202109 0.596 112.215 0.608
202112 0.630 113.108 0.638
202203 0.639 114.335 0.640
202206 0.620 114.558 0.620
202209 0.624 115.339 0.620
202212 0.604 115.116 0.601
202303 0.597 115.116 0.594
202306 0.570 114.558 0.570

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.


Raffles Infrastructure Holdings  (SGX:LUY) 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.


Raffles Infrastructure Holdings Cyclically Adjusted PB Ratio Related Terms

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


Raffles Infrastructure Holdings (SGX:LUY) Business Description

Traded in Other Exchanges
N/A
Address
Xingwen County, Yibin, Sichuan, CHN
Raffles Infrastructure Holdings Ltd is an investment holding company. The company's operating segment includes Infrastructure Business and Digital Infrastructure Business. It generates maximum revenue from the Infrastructure Business segment. Geographically, it derives a majority of revenue from China.

Raffles Infrastructure Holdings (SGX:LUY) Headlines

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