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Nanyang New DevelopmentSGX:M15 Cyclically Adjusted PB Ratio is 0.31 as of Sep. 14, 2026, which is 63% above its 10-year median of 0.19. The stock has 7 warning signs investors should review.
The historical rank and industry rank for Nanyang New Development's Cyclically Adjusted PB Ratio or its related term are showing as below:
SGX:M15'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.19 Max: 0.32
Current: 0.3
During the past 13 years, Nanyang New Development's highest Cyclically Adjusted PB Ratio was 0.32. The lowest was 0.05. And the median was 0.19.
SGX:M15's Cyclically Adjusted PB Ratio is not ranked
in the Chemicals industry.
Industry Median: 1.67
vs SGX:M15: 0.30
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.
Nanyang New Development's adjusted book value per share data of for the fiscal year that ended in Dec25 was S$0.012. 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$0.07 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Nanyang New Development (SGX:M15) 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.
Nanyang New Development Cyclically Adjusted PB Ratio Related Terms
Nanyang New Development Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Nanyang New Development'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.
Nanyang New Development Cyclically Adjusted PB Ratio Chart
SGX:M15 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison
For the Specialty Chemicals subindustry, Nanyang New Development'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.
Nanyang New Development Cyclically Adjusted PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nanyang New Development's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Nanyang New Development's Cyclically Adjusted PB Ratio falls into.
Nanyang New Development 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.
* 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.
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 0.31 mean?
Nanyang New Development (SGX:M15) has a Cyclically Adjusted PB Ratio of 0.31 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 Nanyang New Development and its competitors. This is 63% above median its historical median of 0.19. Over the past decade, Nanyang New Development's Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.32.
Is Nanyang New Development's Cyclically Adjusted PB Ratio too high?
Nanyang New Development's current Cyclically Adjusted PB Ratio of 0.31 is 63% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.32. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Nanyang New Development's value of 0.31 is 81.4% below this industry median.
How does Nanyang New Development's Cyclically Adjusted PB Ratio compare to LIN and SHW?
Nanyang New Development's Cyclically Adjusted PB Ratio of 0.31 can be compared against companies in the Chemicals industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Nanyang New Development's value of 0.31 is 81.4% below this benchmark. Historically, Nanyang New Development's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.32 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.67, Nanyang New Development 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,099 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. Nanyang New Development's current Cyclically Adjusted PB Ratio of 0.31 is 81.4% 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 Nanyang New Development and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanyang New Development's current Cyclically Adjusted PB Ratio is 0.31, which is 63% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanyang New Development stock overvalued right now?
Nanyang New Development (SGX:M15) has a current Cyclically Adjusted PB Ratio of 0.31. The stock's GF Value™ is S$0.01, compared to a current price of S$0.02 — trading 120% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.31, which is 63% above median its 10-year median of 0.19 and 81.4% below the Chemicals industry median of 1.67. 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 Nanyang New Development (SGX:M15), the current Cyclically Adjusted PB Ratio is 0.31 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.
Nanyang New Development Ltd principal activities of the Company are the formulation, manufacturing and sale of specialty chemicals focusing on dyestuff and auxiliaries for the textile industry. The geographic segments of the company are the PRC, Malaysia and Singapore. The company generates maximum revenue from the PRC.
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