Sembcorp Industries (SGX:U96) Cyclically Adjusted PS Ratio: 1.24 (As of Sep. 08, 2026) — 235% Above Median

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SGX:U96 Sembcorp Industries Ltd SGX:U96
69 GF Score
Price S$6.11
GF Value S$6.19
Valuation Fairly Valued
! 6 Warning Signs
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What is Sembcorp Industries Cyclically Adjusted PS Ratio?

Sembcorp Industries SGX:U96 69 Cyclically Adjusted PS Ratio is 1.24 as of Sep. 08, 2026, which is 235% above its 10-year median of 0.37. GuruFocus rates SGX:U96 with a GF Score™ of 69/100 and a GF Value™ of S$6.19 (Fairly Valued). The stock has 6 warning signs investors should review. Among 439 Utilities - Regulated companies, Sembcorp Industries ranks better than 54.44% on this metric.

As of today (2026-09-08), Sembcorp Industries's current share price is S$6.11. Sembcorp Industries's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was S$4.92. Sembcorp Industries's Cyclically Adjusted PS Ratio for today is 1.24.

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

SGX:U96' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.37   Max: 1.5
Current: 1.24

During the past 13 years, Sembcorp Industries's highest Cyclically Adjusted PS Ratio was 1.50. The lowest was 0.12. And the median was 0.37.

SGX:U96's Cyclically Adjusted PS Ratio is ranked better than
54.44% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.37 vs SGX:U96: 1.24

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.

Sembcorp Industries's adjusted revenue per share data of for the fiscal year that ended in Dec25 was S$3.223. 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$4.92 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sembcorp Industries  (SGX:U96) 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.


Sembcorp Industries Cyclically Adjusted PS Ratio Related Terms


Sembcorp Industries Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sembcorp Industries'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.

Sembcorp Industries Cyclically Adjusted PS Ratio Chart

Sembcorp Industries 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 0.35 0.59 0.97 1.06 1.22

Sembcorp Industries 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 1.06 0.00 1.22 0.00

SGX:U96 vs SRE, AES: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Diversified subindustry, Sembcorp Industries'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.


Sembcorp Industries Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sembcorp Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


SGX:U96
69GF Score
Sembcorp Industries Ltd SGX:U96
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sembcorp Industries 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.

Sembcorp Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.11/4.92
=1.24

* 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.

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

For example, Sembcorp Industries'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)
=3.223/324.0540*324.0540
=3.223

Current CPI (Dec25) = 324.0540.

Sembcorp Industries Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 4.426 241.432 5.941
201712 5.009 246.524 6.584
201812 6.508 251.233 8.394
201912 3.748 256.974 4.726
202012 3.026 260.474 3.765
202112 3.548 278.802 4.124
202212 4.297 296.797 4.692
202312 3.886 306.746 4.105
202412 3.543 315.605 3.638
202512 3.223 324.054 3.223

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 1.24 mean?
Sembcorp Industries (SGX:U96) has a Cyclically Adjusted PS Ratio of 1.24 as of Sep. 08, 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 Sembcorp Industries and its competitors. This is 235% above median its historical median of 0.37. Over the past decade, Sembcorp Industries' Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.50. According to the industry distribution chart, Sembcorp Industries ranks #200 out of 439 companies in the Utilities - Regulated industry, placing it in the top 45.6%.
Is Sembcorp Industries' Cyclically Adjusted PS Ratio too high?
Sembcorp Industries' current Cyclically Adjusted PS Ratio of 1.24 is 235% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.50. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.37. Sembcorp Industries' value of 1.24 is 9.5% below this industry median. Based on the distribution chart, Sembcorp Industries ranks #200 out of 439 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Sembcorp Industries has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sembcorp Industries' Cyclically Adjusted PS Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Sembcorp Industries ranks #200 out of 439 companies for Cyclically Adjusted PS Ratio. This puts Sembcorp Industries in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Sembcorp Industries' value of 1.24 is 9.5% below this benchmark. Historically, Sembcorp Industries' own Cyclically Adjusted PS Ratio has ranged from 0.12 to 1.50 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.37, Sembcorp Industries 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 Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.37, based on 439 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. Sembcorp Industries's current Cyclically Adjusted PS Ratio of 1.24 is 9.5% 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 Sembcorp Industries and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sembcorp Industries's current Cyclically Adjusted PS Ratio is 1.24, which is 235% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sembcorp Industries stock overvalued right now?
Based on GuruFocus' analysis, Sembcorp Industries (SGX:U96) is currently considered Fairly Valued. The stock's GF Value™ is S$6.19, compared to a current price of S$6.11 — trading 1.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.24, which is 235% above median its 10-year median of 0.37 and 9.5% below the Utilities - Regulated industry median of 1.37. Sembcorp Industries' overall GF Score™ is 69/100 with 6 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 Sembcorp Industries (SGX:U96), the current Cyclically Adjusted PS Ratio is 1.24 as of Sep. 08, 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 Sembcorp Industries (SGX:U96) Overvalued in 2026?

Based on GuruFocus' analysis, Sembcorp Industries stock appears to be undervalued. The current stock price of S$6.11 is trading 1.3% below its estimated GF Value™ of S$6.19. GuruFocus considers Sembcorp Industries to be Fairly Valued.

Key valuation signals for SGX:U96:

  • Cyclically Adjusted PS Ratio: 1.24 (235% above median its 10-year median of 0.37)
  • GF Value™: S$6.19 vs. price of S$6.11 (1.3% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 9.5% below the Utilities - Regulated median (#200 of 439)

No single metric tells the full story. See the SGX:U96 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sembcorp Industries Business Description

Other Exchanges SCRPF:USASBOA:Germany
Address 30 Hill Street, Number 05-04, Singapore, SGP, 179360
Sembcorp Industries Ltd is an investment holding company engaged in the production and supply of utility services, and handling and storage of petroleum products and chemicals. Its business is divided into five segments: Gas and Related Services, Renewables, Integrated Urban Solutions, Decarbonisation Solutions, Other Businesses and Corporate. The company's service portfolio includes power generation, process steam production, wastewater treatment, integrated solutions for offshore and marine industries such as specialized shipbuilding, and repairs & upgrades, and among others. A vast majority of the company's income is generated by the energy segments, and the majority of the company's revenue is earned in Singapore.
69GF Score

Get the complete analysis for SGX:U96

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

S$6.11
Price
S$6.19
GF Value