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Far East Orchard (SGX:O10) Cyclically Adjusted PB Ratio : 0.30 (As of Jun. 10, 2024)


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What is Far East Orchard Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Far East Orchard's current share price is S$1.01. Far East Orchard's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was S$3.36. Far East Orchard's Cyclically Adjusted PB Ratio for today is 0.30.

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

SGX:O10' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.41   Max: 0.8
Current: 0.3

During the past 13 years, Far East Orchard's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.30. And the median was 0.41.

SGX:O10's Cyclically Adjusted PB Ratio is ranked better than
75.3% of 1397 companies
in the Real Estate industry
Industry Median: 0.7 vs SGX:O10: 0.30

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.

Far East Orchard's adjusted book value per share data of for the fiscal year that ended in Dec22 was S$2.727. 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$3.36 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Far East Orchard Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Far East Orchard'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.

Far East Orchard Cyclically Adjusted PB Ratio Chart

Far East Orchard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.38 0.35 0.34 0.32

Far East Orchard Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 0.34 - 0.32 -

Competitive Comparison of Far East Orchard's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Far East Orchard'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.


Far East Orchard's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Far East Orchard's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Far East Orchard's Cyclically Adjusted PB Ratio falls into.



Far East Orchard 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.

Far East Orchard's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.01/3.36
=0.30

* 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.

Far East Orchard's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Far East Orchard's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=2.727/125.2218*125.2218
=2.727

Current CPI (Dec22) = 125.2218.

Far East Orchard Annual Data

Book Value per Share CPI Adj_Book
201312 2.931 98.326 3.733
201412 2.919 99.070 3.690
201512 2.858 99.792 3.586
201612 2.908 101.863 3.575
201712 2.926 104.011 3.523
201812 2.894 105.998 3.419
201912 2.850 108.420 3.292
202012 2.724 109.897 3.104
202112 2.756 117.630 2.934
202212 2.727 125.222 2.727

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.


Far East Orchard  (SGX:O10) 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.


Far East Orchard Cyclically Adjusted PB Ratio Related Terms

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


Far East Orchard (SGX:O10) Business Description

Traded in Other Exchanges
N/A
Address
1 Tanglin Road No. 05-01, Orchard Rendezvous Hotel, Singapore, SGP, 247905
Far East Orchard Ltd is a property development and investment company. It has structured its operations into two business segments - Hospitality and Property. The group operates its Hospitality business across three segments which include management services, operations, and property ownership. The group manages its Property business across two segments - property development and investment. The majority of its revenue is derived from the Hospitality business. The group's business segments operate in five main geographical areas: Singapore, Australia, New Zealand, the United Kingdom, and other countries. Geographically the company receives maximum revenue from Singapore.

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