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Singapore Shipping (SGX:S19) PB Ratio : 0.57 (As of May. 11, 2024)


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What is Singapore Shipping PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), Singapore Shipping's share price is S$0.23. Singapore Shipping's Book Value per Share for the quarter that ended in Sep. 2023 was S$0.41. Hence, Singapore Shipping's PB Ratio of today is 0.57.

Good Sign:

Singapore Shipping Corp Ltd stock PB Ratio (=0.57) is close to 10-year low of 0.57

The historical rank and industry rank for Singapore Shipping's PB Ratio or its related term are showing as below:

SGX:S19' s PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.08   Max: 1.76
Current: 0.57

During the past 13 years, Singapore Shipping's highest PB Ratio was 1.76. The lowest was 0.57. And the median was 1.08.

SGX:S19's PB Ratio is ranked better than
85.9% of 929 companies
in the Transportation industry
Industry Median: 1.34 vs SGX:S19: 0.57

During the past 12 months, Singapore Shipping's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Singapore Shipping was 12.00% per year. The lowest was -32.10% per year. And the median was 6.70% per year.

Back to Basics: PB Ratio


Singapore Shipping PB Ratio Historical Data

The historical data trend for Singapore Shipping's 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.

Singapore Shipping PB Ratio Chart

Singapore Shipping Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.74 0.82 0.76 0.68

Singapore Shipping Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.81 0.76 0.66 0.68 0.59

Competitive Comparison of Singapore Shipping's PB Ratio

For the Marine Shipping subindustry, Singapore Shipping's PB Ratio, along with its competitors' market caps and 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.


Singapore Shipping's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Singapore Shipping's PB Ratio distribution charts can be found below:

* The bar in red indicates where Singapore Shipping's PB Ratio falls into.



Singapore Shipping PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Singapore Shipping's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=0.23/0.405
=0.57

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Singapore Shipping  (SGX:S19) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Singapore Shipping PB Ratio Related Terms

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


Singapore Shipping (SGX:S19) Business Description

Traded in Other Exchanges
Address
200 Cantonment Road, No. 09-01 Southpoint, Singapore, SGP, 089763
Singapore Shipping Corp Ltd is a shipping company. It operates in two segments: Ship owning segment which includes ship owning and ship management, and Agency and logistics segment that includes shipping agency, terminal operations, warehousing, and logistics services. The company generates most of the revenue from the Ship owning segment. Further, it also operates in geographical segments like Japan, Singapore, and other countries. It generates most of its revenues from Japan.

Singapore Shipping (SGX:S19) Headlines

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