SINGF (Singapore Airlines) Shiller PE Ratio: 37.82 (As of Sep. 06, 2026) — 25% Above Median

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SINGF Singapore Airlines Ltd SINGF
76 GF Score
Price $5.30
GF Value $5.15
Valuation Fairly Valued
! 5 Warning Signs
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What is Singapore Airlines Shiller PE Ratio?

Singapore Airlines SINGF 76 Shiller PE Ratio is 37.82 as of Sep. 06, 2026, which is 25% above its 10-year median of 30.24. GuruFocus rates SINGF with a GF Score™ of 76/100 and a GF Value™ of $5.15 (Fairly Valued). The stock has 5 warning signs investors should review. Among 595 Transportation companies, Singapore Airlines ranks worse than 83.53% on this metric.

As of today (2026-09-06), Singapore Airlines's current share price is $5.295. Singapore Airlines's E10 for the quarter that ended in Jun. 2026 was $0.14. Singapore Airlines's Shiller PE Ratio for today is 37.82.

The historical rank and industry rank for Singapore Airlines's Shiller PE Ratio or its related term are showing as below:

SINGF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.08   Med: 30.24   Max: 64.75
Current: 36.1

During the past years, Singapore Airlines's highest Shiller PE Ratio was 64.75. The lowest was 10.08. And the median was 30.24.

SINGF's Shiller PE Ratio is ranked worse than
83.53% of 595 companies
in the Transportation industry
Industry Median: 18.11 vs SINGF: 36.10

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Singapore Airlines's adjusted earnings per share data for the three months ended in Jun. 2026 was $-0.019. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.14 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Singapore Airlines  (OTCPK:SINGF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Singapore Airlines Shiller PE Ratio Related Terms


Singapore Airlines Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Singapore Airlines's Shiller PE 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.

Singapore Airlines Shiller PE Ratio Chart

Singapore Airlines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.68 48.59 38.33 29.51 31.68

Singapore Airlines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 30.21 30.12 30.59 31.68 41.01

SINGF vs DAL, UAL, LUV: Shiller PE Ratio Comparison

For the Airlines subindustry, Singapore Airlines's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Singapore Airlines Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Singapore Airlines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Singapore Airlines's Shiller PE Ratio falls into.


SINGF
76GF Score
Singapore Airlines Ltd SINGF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Singapore Airlines Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Singapore Airlines's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5.295/0.14
=37.82

* 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.

Singapore Airlines's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Singapore Airlines's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.019/333.9520*333.9520
=-0.019

Current CPI (Jun. 2026) = 333.9520.

Singapore Airlines Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.029 241.428 0.040
201612 0.073 241.432 0.101
201703 -0.059 243.801 -0.081
201706 0.145 244.955 0.198
201709 0.129 246.819 0.175
201712 0.172 246.524 0.233
201803 0.127 249.554 0.170
201806 0.062 251.989 0.082
201809 0.024 252.439 0.032
201812 0.123 251.233 0.163
201903 0.088 254.202 0.116
201906 0.043 256.143 0.056
201909 0.040 256.759 0.052
201912 0.122 256.974 0.159
202003 -0.274 258.115 -0.355
202006 -0.365 257.797 -0.473
202009 -0.579 260.280 -0.743
202012 -0.022 260.474 -0.028
202103 -0.166 264.877 -0.209
202106 -0.069 271.696 -0.085
202109 -0.107 274.310 -0.130
202112 0.010 278.802 0.012
202203 -0.052 287.504 -0.060
202206 0.041 296.311 0.046
202209 0.133 296.808 0.150
202212 0.075 296.797 0.084
202303 0.151 301.836 0.167
202306 0.104 305.109 0.114
202309 0.174 307.789 0.189
202312 0.117 306.746 0.127
202403 0.144 312.332 0.154
202406 0.092 314.175 0.098
202409 0.075 315.301 0.079
202412 0.384 315.605 0.406
202503 0.103 319.799 0.108
202506 0.048 322.561 0.050
202509 0.012 324.800 0.012
202512 0.124 324.054 0.128
202603 0.109 330.213 0.110
202606 -0.019 333.952 -0.019

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 37.82 mean?
Singapore Airlines (SINGF) has a Shiller PE Ratio of 37.82 as of Sep. 06, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Singapore Airlines and its competitors. This is 25% above median its historical median of 30.24. Over the past decade, Singapore Airlines' Shiller PE Ratio has ranged from 10.08 to 64.75. According to the industry distribution chart, Singapore Airlines ranks #497 out of 595 companies in the Transportation industry, placing it in the top 83.5%.
Is Singapore Airlines' Shiller PE Ratio too high?
Singapore Airlines' current Shiller PE Ratio of 37.82 is 25% above median its 10-year median of 30.24. Over the past 10 years, this metric has ranged from a low of 10.08 to a high of 64.75. The Transportation industry median Shiller PE Ratio is 18.11. Singapore Airlines' value of 37.82 is 108.8% above this industry median. Based on the distribution chart, Singapore Airlines ranks #497 out of 595 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Singapore Airlines has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Singapore Airlines' Shiller PE Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Singapore Airlines ranks #497 out of 595 companies for Shiller PE Ratio. This places Singapore Airlines in the lower half of its industry. The industry median Shiller PE Ratio is 18.11. Singapore Airlines' value of 37.82 is 108.8% above this benchmark. Historically, Singapore Airlines' own Shiller PE Ratio has ranged from 10.08 to 64.75 over the past decade. While the company's 10-year median is 30.24 vs. the industry median of 18.11, Singapore Airlines 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 Shiller PE Ratio for a Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.11, based on 595 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Singapore Airlines's current Shiller PE Ratio of 37.82 is 108.8% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Singapore Airlines and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Airlines's current Shiller PE Ratio is 37.82, which is 25% above median its own 10-year median of 30.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Airlines stock overvalued right now?
Based on GuruFocus' analysis, Singapore Airlines (SINGF) is currently considered Fairly Valued. The stock's GF Value™ is $5.15, compared to a current price of $5.30 — trading 2.8% above its estimated fair value. The current Shiller PE Ratio is 37.82, which is 25% above median its 10-year median of 30.24 and 108.8% above the Transportation industry median of 18.11. Singapore Airlines' overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Singapore Airlines (SINGF), the current Shiller PE Ratio is 37.82 as of Sep. 06, 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 Singapore Airlines (SINGF) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Airlines stock appears to be overvalued. The current stock price of $5.30 is trading 2.8% above its estimated GF Value™ of $5.15. GuruFocus considers Singapore Airlines to be Fairly Valued.

Key valuation signals for SINGF:

  • Shiller PE Ratio: 37.82 (25% above median its 10-year median of 30.24)
  • GF Value™: $5.15 vs. price of $5.30 (2.8% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 108.8% above the Transportation median (#497 of 595)

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


Singapore Airlines Business Description

Address 25 Airline Road, Airline House, Sinagapore, SGP, 819829
Singapore Airlines is Singapore's flagship carrier and one of the region's largest airlines in terms of revenue and carrying capacity. With its hub in Changi Airport, the carrier provides regional and cross-continental passenger and cargo services destined to or transiting through Singapore. The company operates under dual brands: full-service carrier SIA and low-cost regional carrier Scoot. It also owns stakes in SATS and SIA Engineering. In 2024, the merger of its associate airline Vistara with Air India resulted in Singapore Airlines owning a 25% stake in Air India.
76GF Score

Get the complete analysis for SINGF

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

$5.30
Price
$5.15
GF Value