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AEM Holdings (SGX:AWX) Cyclically Adjusted PB Ratio : 2.77 (As of Jun. 07, 2024)


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What is AEM Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-07), AEM Holdings's current share price is S$1.94. AEM Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was S$0.70. AEM Holdings's Cyclically Adjusted PB Ratio for today is 2.77.

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

SGX:AWX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 4.87   Max: 18.99
Current: 2.77

During the past 13 years, AEM Holdings's highest Cyclically Adjusted PB Ratio was 18.99. The lowest was 0.17. And the median was 4.87.

SGX:AWX's Cyclically Adjusted PB Ratio is ranked worse than
53.34% of 688 companies
in the Semiconductors industry
Industry Median: 2.57 vs SGX:AWX: 2.77

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.

AEM Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was S$1.498. 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$0.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AEM Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AEM 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.

AEM Holdings Cyclically Adjusted PB Ratio Chart

AEM 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 9.01 12.23 12.88 6.05 4.87

AEM Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.88 - 6.05 - 4.87

Competitive Comparison of AEM Holdings's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, AEM 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.


AEM Holdings's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, AEM Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AEM 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.94/0.7
=2.77

* 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.

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

For example, AEM 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)
=1.498/129.4194*129.4194
=1.498

Current CPI (Dec23) = 129.4194.

AEM Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 0.067 99.070 0.088
201512 0.091 99.792 0.118
201612 0.117 101.863 0.149
201712 0.218 104.011 0.271
201812 0.329 105.998 0.402
201912 0.493 108.420 0.588
202012 0.760 109.897 0.895
202112 1.287 117.630 1.416
202212 1.555 125.222 1.607
202312 1.498 129.419 1.498

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.


AEM Holdings  (SGX:AWX) 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.


AEM Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of AEM Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AEM Holdings (SGX:AWX) Business Description

Industry
Traded in Other Exchanges
Address
52 Serangoon North Avenue 4, Singapore, SGP, 555853
AEM Holdings Ltd is a Singapore-based investment holding company. The group is primarily engaged in designing and manufacturing semiconductor manufacturing equipment and related tooling parts and precision machining of components. The operating segments of the group are Test Cell Solutions (TCS); Instrumentation (INS); Contract Manufacturing (CM) and Others. The group generates the majority of the revenue from the TCS segment. The Test systems solutions segment provides customized system solutions involving high-speed motion and mechanical design to both mass-volume manufacturers and technology development laboratories. The group operates in Singapore, Malaysia, China, the USA, Vietnam, Finland, and Other countries.

AEM Holdings (SGX:AWX) Headlines

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