Nam Cheong (SGX:1MZ) Cyclically Adjusted PS Ratio: 0.42 (As of Sep. 15, 2026) — 1300% Above Median

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SGX:1MZ Nam Cheong Ltd SGX:1MZ
58 GF Score
Price S$1.02
GF Value S$0.47
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nam Cheong Cyclically Adjusted PS Ratio?

Nam Cheong SGX:1MZ -1.92% 58 Cyclically Adjusted PS Ratio is 0.42 as of Sep. 15, 2026, which is 1300% above its 10-year median of 0.03. GuruFocus rates SGX:1MZ with a GF Score™ of 58/100 and a GF Value™ of S$0.47 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 227 Aerospace & Defense companies, Nam Cheong ranks better than 90.75% on this metric.

As of today (2026-09-15), Nam Cheong's current share price is S$1.02. Nam Cheong's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was S$2.42. Nam Cheong's Cyclically Adjusted PS Ratio for today is 0.42.

The historical rank and industry rank for Nam Cheong's Cyclically Adjusted PS Ratio or its related term are showing as below:

SGX:1MZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.63
Current: 0.43

During the past years, Nam Cheong's highest Cyclically Adjusted PS Ratio was 0.63. The lowest was 0.01. And the median was 0.03.

SGX:1MZ's Cyclically Adjusted PS Ratio is ranked better than
90.75% of 227 companies
in the Aerospace & Defense industry
Industry Median: 2.88 vs SGX:1MZ: 0.43

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Nam Cheong's adjusted revenue per share data for the three months ended in Jun. 2026 was S$0.181. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is S$2.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nam Cheong  (SGX:1MZ) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Nam Cheong Cyclically Adjusted PS Ratio Related Terms


Nam Cheong Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nam Cheong's Cyclically Adjusted PS 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.

Nam Cheong Cyclically Adjusted PS Ratio Chart

Nam Cheong Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.05 0.09 0.35

Nam Cheong Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 0.14 0.23 0.35 0.56 0.45

SGX:1MZ vs SPCX, GE, RTX: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, Nam Cheong's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Nam Cheong Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Nam Cheong's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nam Cheong's Cyclically Adjusted PS Ratio falls into.


SGX:1MZ
58GF Score
Nam Cheong Ltd SGX:1MZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nam Cheong Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Nam Cheong's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.02/2.42
=0.42

* 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.

Nam Cheong's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nam Cheong's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.181/333.9520*333.9520
=0.181

Current CPI (Jun. 2026) = 333.9520.

Nam Cheong Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.354 241.428 0.490
201612 1.605 241.432 2.220
201703 0.235 243.801 0.322
201706 2.027 244.955 2.763
201709 1.209 246.819 1.636
201712 0.888 246.524 1.203
201803 0.137 249.554 0.183
201806 2.046 251.989 2.711
201809 1.394 252.439 1.844
201812 0.466 251.233 0.619
201903 0.139 254.202 0.183
201906 0.339 256.143 0.442
201909 0.419 256.759 0.545
201912 0.389 256.974 0.506
202003 0.276 258.115 0.357
202006 0.565 257.797 0.732
202009 0.356 260.280 0.457
202012 0.471 260.474 0.604
202103 0.257 264.877 0.324
202106 0.344 271.696 0.423
202109 0.330 274.310 0.402
202112 0.244 278.802 0.292
202203 0.218 287.504 0.253
202206 0.432 296.311 0.487
202209 0.403 296.808 0.453
202212 0.359 296.797 0.404
202303 0.235 301.836 0.260
202306 0.482 305.109 0.528
202309 0.531 307.789 0.576
202312 0.436 306.746 0.475
202403 0.215 312.332 0.230
202406 0.147 314.175 0.156
202409 0.152 315.301 0.161
202412 0.134 315.605 0.142
202503 0.088 319.799 0.092
202506 0.122 322.561 0.126
202509 0.129 324.800 0.133
202512 0.136 324.054 0.140
202603 0.095 330.213 0.096
202606 0.181 333.952 0.181

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 0.42 mean?
Nam Cheong (SGX:1MZ) has a Cyclically Adjusted PS Ratio of 0.42 as of Sep. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nam Cheong and its competitors. This is 1300% above median its historical median of 0.03. Over the past decade, Nam Cheong's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.63. According to the industry distribution chart, Nam Cheong ranks #21 out of 227 companies in the Aerospace & Defense industry, placing it in the top 9.3%.
Is Nam Cheong's Cyclically Adjusted PS Ratio too high?
Nam Cheong's current Cyclically Adjusted PS Ratio of 0.42 is 1300% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.63. The Aerospace & Defense industry median Cyclically Adjusted PS Ratio is 2.88. Nam Cheong's value of 0.42 is 85.4% below this industry median. Based on the distribution chart, Nam Cheong ranks #21 out of 227 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Nam Cheong has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nam Cheong's Cyclically Adjusted PS Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Nam Cheong ranks #21 out of 227 companies for Cyclically Adjusted PS Ratio. This places Nam Cheong in the top 9% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.88. Nam Cheong's value of 0.42 is 85.4% below this benchmark. Historically, Nam Cheong's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.63 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 2.88, Nam Cheong 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 PS Ratio for an Aerospace & Defense company?
The median Cyclically Adjusted PS Ratio among Aerospace & Defense companies is 2.88, based on 227 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nam Cheong's current Cyclically Adjusted PS Ratio of 0.42 is 85.4% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nam Cheong and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PS Ratio is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Cheong's current Cyclically Adjusted PS Ratio is 0.42, which is 1300% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Cheong stock overvalued right now?
Based on GuruFocus' analysis, Nam Cheong (SGX:1MZ) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.47, compared to a current price of S$1.02 — trading 117% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42, which is 1300% above median its 10-year median of 0.03 and 85.4% below the Aerospace & Defense industry median of 2.88. Nam Cheong's overall GF Score™ is 58/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Nam Cheong (SGX:1MZ), the current Cyclically Adjusted PS Ratio is 0.42 as of Sep. 15, 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 Nam Cheong (SGX:1MZ) Overvalued in 2026?

Based on GuruFocus' analysis, Nam Cheong stock appears to be overvalued. The current stock price of S$1.02 is trading 117% above its estimated GF Value™ of S$0.47. GuruFocus considers Nam Cheong to be Significantly Overvalued.

Key valuation signals for SGX:1MZ:

  • Cyclically Adjusted PS Ratio: 0.42 (1300% above median its 10-year median of 0.03)
  • GF Value™: S$0.47 vs. price of S$1.02 (117% above fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 85.4% below the Aerospace & Defense median (#21 of 227)

No single metric tells the full story. See the SGX:1MZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nam Cheong Business Description

Address 9 Raffles Place, No. 26-01 Republic Plaza, Singapore, SGP, 048619
Nam Cheong Ltd along is an offshore marine group specializing in the building of offshore support vessels. The company's operating segment includes Shipbuilding; Vessel chartering and others. It generates maximum revenue from the Vessel chartering segment. Geographically, it derives a majority of its revenue from Malaysia. Its fleet comprises Anchor Handling Tug Supply (AHTS) vessels, Platform Supply Vessels (PSV), Accommodation Work Barges (AWB), Maintenance Work Vessels (MWV), Safety Supply Vessels (SSV), and landing crafts, and Fast Crew Boat (FCB).
58GF Score

Get the complete analysis for SGX:1MZ

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

S$1.02
Price
S$0.47
GF Value