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Stamford Tyres (SGX:S29) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 03, 2025)


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What is Stamford Tyres Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Stamford Tyres's current share price is S$0.22. Stamford Tyres's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr24 was S$0.60. Stamford Tyres's Cyclically Adjusted PB Ratio for today is 0.37.

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

SGX:S29' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.38   Max: 0.73
Current: 0.38

During the past 13 years, Stamford Tyres's highest Cyclically Adjusted PB Ratio was 0.73. The lowest was 0.29. And the median was 0.38.

SGX:S29's Cyclically Adjusted PB Ratio is ranked better than
85.66% of 990 companies
in the Vehicles & Parts industry
Industry Median: 1.25 vs SGX:S29: 0.38

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.

Stamford Tyres's adjusted book value per share data of for the fiscal year that ended in Apr24 was S$0.472. 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$0.60 for the trailing ten years ended in Apr24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stamford Tyres Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stamford Tyres'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.

Stamford Tyres Cyclically Adjusted PB Ratio Chart

Stamford Tyres Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.37 0.30 0.31 0.31

Stamford Tyres Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 - 0.31 - 0.31 -

Competitive Comparison of Stamford Tyres's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Stamford Tyres'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.


Stamford Tyres's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stamford Tyres's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stamford Tyres's Cyclically Adjusted PB Ratio falls into.


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Stamford Tyres 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.

Stamford Tyres's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.22/0.60
=0.37

* 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.

Stamford Tyres's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr24 is calculated as:

For example, Stamford Tyres's adjusted Book Value per Share data for the fiscal year that ended in Apr24 was:

Adj_Book=Book Value per Share/CPI of Apr24 (Change)*Current CPI (Apr24)
=0.472/132.2892*132.2892
=0.472

Current CPI (Apr24) = 132.2892.

Stamford Tyres Annual Data

Book Value per Share CPI Adj_Book
201504 0.514 99.824 0.681
201604 0.499 100.947 0.654
201704 0.522 103.167 0.669
201804 0.534 105.708 0.668
201904 0.523 107.818 0.642
202004 0.494 108.173 0.604
202104 0.493 112.673 0.579
202204 0.490 121.978 0.531
202304 0.475 127.992 0.491
202404 0.472 132.289 0.472

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.


Stamford Tyres  (SGX:S29) 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.


Stamford Tyres Cyclically Adjusted PB Ratio Related Terms

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


Stamford Tyres Business Description

Traded in Other Exchanges
N/A
Address
19 Lok Yang Way, Jurong, Singapore, SGP, 628635
Stamford Tyres Corp Ltd is an investment holding company. The company is engaged in retailing and distribution of tyres and wheels, design and contract manufacturing of tyres for proprietary brands as well as tyre retreading, equipment trading, servicing of motor vehicles, and manufacturing and sale of aluminium alloy wheels. The company's geographical segment includes South East Asia, North Asia, Africa, and Others. It generates maximum revenue from South East Asia.

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