Hor Kew (SGX:BBP) Cyclically Adjusted PS Ratio: 0.90 (As of Aug. 25, 2026) — 429% Above Median

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SGX:BBP Hor Kew Corp Ltd SGX:BBP
47 GF Score
Price S$1.37
GF Value S$0.55
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Hor Kew Cyclically Adjusted PS Ratio?

Hor Kew SGX:BBP 47 Cyclically Adjusted PS Ratio is 0.90 as of Aug. 25, 2026, which is 429% above its 10-year median of 0.17. GuruFocus rates SGX:BBP with a GF Score™ of 47/100 and a GF Value™ of S$0.55 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,374 Construction companies, Hor Kew ranks worse than 57.64% on this metric.

As of today (2026-08-25), Hor Kew's current share price is S$1.37. Hor Kew's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was S$1.52. Hor Kew's Cyclically Adjusted PS Ratio for today is 0.90.

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

SGX:BBP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.17   Max: 0.97
Current: 0.9

During the past 13 years, Hor Kew's highest Cyclically Adjusted PS Ratio was 0.97. The lowest was 0.08. And the median was 0.17.

SGX:BBP's Cyclically Adjusted PS Ratio is ranked worse than
57.64% of 1374 companies
in the Construction industry
Industry Median: 0.7 vs SGX:BBP: 0.90

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.

Hor Kew's adjusted revenue per share data of for the fiscal year that ended in Dec25 was S$1.334. 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$1.52 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hor Kew  (SGX:BBP) 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.


Hor Kew Cyclically Adjusted PS Ratio Related Terms


Hor Kew Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Hor Kew'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.

Hor Kew Cyclically Adjusted PS Ratio Chart

Hor Kew 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 0.15 0.15 0.15 0.31 0.85

Hor Kew Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.00 0.31 0.00 0.85 0.00

SGX:BBP vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison

For the Engineering & Construction subindustry, Hor Kew'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.


Hor Kew Cyclically Adjusted PS Ratio vs Construction Industry

For the Construction industry and Industrials sector, Hor Kew's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SGX:BBP
47GF Score
Hor Kew Corp Ltd SGX:BBP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hor Kew 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.

Hor Kew's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.37/1.52
=0.90

* 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.

Hor Kew's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Hor Kew's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.334/324.0540*324.0540
=1.334

Current CPI (Dec25) = 324.0540.

Hor Kew Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 1.305 241.432 1.752
201712 1.140 246.524 1.499
201812 0.962 251.233 1.241
201912 1.236 256.974 1.559
202012 0.955 260.474 1.188
202112 1.091 278.802 1.268
202212 1.468 296.797 1.603
202312 2.013 306.746 2.127
202412 1.592 315.605 1.635
202512 1.334 324.054 1.334

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 0.90 mean?
Hor Kew (SGX:BBP) has a Cyclically Adjusted PS Ratio of 0.90 as of Aug. 25, 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 Hor Kew and its competitors. This is 429% above median its historical median of 0.17. Over the past decade, Hor Kew's Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.97. According to the industry distribution chart, Hor Kew ranks #792 out of 1374 companies in the Construction industry, placing it in the top 57.6%.
Is Hor Kew's Cyclically Adjusted PS Ratio too high?
Hor Kew's current Cyclically Adjusted PS Ratio of 0.90 is 429% above median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.97. The Construction industry median Cyclically Adjusted PS Ratio is 0.70. Hor Kew's value of 0.90 is 28.6% above this industry median. Based on the distribution chart, Hor Kew ranks #792 out of 1374 companies in the Construction industry, which is below the industry midpoint. Overall, Hor Kew has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hor Kew's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Hor Kew ranks #792 out of 1374 companies for Cyclically Adjusted PS Ratio. This places Hor Kew in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Hor Kew's value of 0.90 is 28.6% above this benchmark. Historically, Hor Kew's own Cyclically Adjusted PS Ratio has ranged from 0.08 to 0.97 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.70, Hor Kew has consistently been above 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 a Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.70, based on 1,374 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. Hor Kew's current Cyclically Adjusted PS Ratio of 0.90 is 28.6% above 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 Hor Kew and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hor Kew's current Cyclically Adjusted PS Ratio is 0.90, which is 429% above median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hor Kew stock overvalued right now?
Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.55, compared to a current price of S$1.37 — trading 149.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.90, which is 429% above median its 10-year median of 0.17 and 28.6% above the Construction industry median of 0.70. Hor Kew's overall GF Score™ is 47/100 with 7 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 Hor Kew (SGX:BBP), the current Cyclically Adjusted PS Ratio is 0.90 as of Aug. 25, 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 Hor Kew (SGX:BBP) Overvalued in 2026?

Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued. The current stock price of S$1.37 is trading 149.1% above its estimated GF Value™ of S$0.55. GuruFocus considers Hor Kew to be Significantly Overvalued.

Key valuation signals for SGX:BBP:

  • Cyclically Adjusted PS Ratio: 0.90 (429% above median its 10-year median of 0.17)
  • GF Value™: S$0.55 vs. price of S$1.37 (149.1% above fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 28.6% above the Construction median (#792 of 1374)

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


Hor Kew Business Description

Address 66 Kallang Pudding Road, No. 07-01, Hor Kew Business Centre, Singapore, SGP, 349324
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.
47GF Score

Get the complete analysis for SGX:BBP

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

S$1.37
Price
S$0.55
GF Value