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Singapore Technologies Engineering (Singapore Technologies Engineering) Cyclically Adjusted PS Ratio : 1.40 (As of Apr. 27, 2024)


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What is Singapore Technologies Engineering Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Singapore Technologies Engineering's current share price is $29.56. Singapore Technologies Engineering's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $21.07. Singapore Technologies Engineering's Cyclically Adjusted PS Ratio for today is 1.40.

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

SGGKY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 1.65   Max: 2.56
Current: 1.42

During the past 13 years, Singapore Technologies Engineering's highest Cyclically Adjusted PS Ratio was 2.56. The lowest was 1.26. And the median was 1.65.

SGGKY's Cyclically Adjusted PS Ratio is ranked better than
51.18% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs SGGKY: 1.42

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.

Singapore Technologies Engineering's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $24.164. 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 $21.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Singapore Technologies Engineering Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Singapore Technologies Engineering'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.

* Premium members only.

Singapore Technologies Engineering Cyclically Adjusted PS Ratio Chart

Singapore Technologies Engineering Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 1.67 1.52 1.26 1.39

Singapore Technologies Engineering 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 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 1.52 - 1.26 - 1.39

Competitive Comparison of Singapore Technologies Engineering's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Singapore Technologies Engineering'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.


Singapore Technologies Engineering's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Singapore Technologies Engineering's Cyclically Adjusted PS Ratio falls into.



Singapore Technologies Engineering 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.

Singapore Technologies Engineering's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.56/21.07
=1.40

* 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 Technologies Engineering's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Singapore Technologies Engineering's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=24.164/129.4194*129.4194
=24.164

Current CPI (Dec23) = 129.4194.

Singapore Technologies Engineering Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 15.926 99.070 20.805
201512 14.491 99.792 18.793
201612 14.989 101.863 19.044
201712 15.472 104.011 19.252
201812 15.584 105.998 19.027
201912 18.487 108.420 22.068
202012 17.131 109.897 20.174
202112 17.996 117.630 19.800
202212 21.319 125.222 22.034
202312 24.164 129.419 24.164

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.


Singapore Technologies Engineering  (OTCPK:SGGKY) 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.


Singapore Technologies Engineering Cyclically Adjusted PS Ratio Related Terms

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


Singapore Technologies Engineering (Singapore Technologies Engineering) Business Description

Traded in Other Exchanges
Address
1 Ang Mo Kio Electronics Park Road, No. 07-01, ST Engineering Hub, Singapore, SGP, 567710
Singapore Technologies Engineering is a Singaporean government-linked commercial and defense engineering group. Its key businesses include aircraft maintenance, repair and overhaul services, in which it is the world's largest independent third-party provider. The company's fastest-growing activities involve applications to smart city solutions where it provides tolling solutions, traffic control systems, command and control dashboards, cybersecurity tools, and other related components. Around two thirds of the company's revenue comes from commercial clients while the remainder is defense.