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Tuan Sing Holdings (SGX:T24) Cyclically Adjusted PB Ratio : 0.25 (As of Sep. 23, 2024)


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What is Tuan Sing Holdings Cyclically Adjusted PB Ratio?

As of today (2024-09-23), Tuan Sing Holdings's current share price is S$0.26. Tuan Sing Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was S$1.05. Tuan Sing Holdings's Cyclically Adjusted PB Ratio for today is 0.25.

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

SGX:T24' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.49   Max: 1
Current: 0.25

During the past 13 years, Tuan Sing Holdings's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.20. And the median was 0.49.

SGX:T24's Cyclically Adjusted PB Ratio is ranked better than
77.81% of 1307 companies
in the Real Estate industry
Industry Median: 0.64 vs SGX:T24: 0.25

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.

Tuan Sing Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was S$0.990. 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$1.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tuan Sing Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tuan Sing 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.

Tuan Sing Holdings Cyclically Adjusted PB Ratio Chart

Tuan Sing Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.39 0.50 0.31 0.27

Tuan Sing Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.27 -

Competitive Comparison of Tuan Sing Holdings's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, Tuan Sing 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.


Tuan Sing Holdings's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tuan Sing Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tuan Sing 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.

Tuan Sing Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.26/1.05
=0.25

* 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.

Tuan Sing Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Tuan Sing Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.99/129.4194*129.4194
=0.990

Current CPI (Dec23) = 129.4194.

Tuan Sing Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.683 99.070 0.892
201512 0.744 99.792 0.965
201612 0.781 101.863 0.992
201712 0.832 104.011 1.035
201812 0.917 105.998 1.120
201912 0.931 108.420 1.111
202012 0.987 109.897 1.162
202112 1.051 117.630 1.156
202212 1.004 125.222 1.038
202312 0.990 129.419 0.990

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.


Tuan Sing Holdings  (SGX:T24) 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.


Tuan Sing Holdings Cyclically Adjusted PB Ratio Related Terms

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Tuan Sing Holdings Business Description

Traded in Other Exchanges
N/A
Address
9 Oxley Rise, No.03-02 The Oxley, Singapore, SGP, 238697
Tuan Sing Holdings Ltd is a regional investment holding company with interests mainly in real estate investment, real estate development, and hospitality. The operating segments of the group are Real Estate Investment; Real Estate Development; Hospitality; Industrial Services and Other Investments. It derives key revenue from the Real estate development segment which involves the property development and provision of construction management services in Singapore and Indonesia. The group has a business presence in Singapore, Australia, China, Malaysia, and Indonesia.

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