Current P/E of STI - 6.84x Current P/B of STI - 1.34x Mean P/E of STI - 16.3x Mean P/B of STI - 1.73x P/B of STI to be in "crisis range" - 0.98x (or -2SD) P/B range of 0.7-1.2x in past crises When STI is declining, it's better to look at P/B than P/E … Continue reading Valuations Update of STI
The P/E ratio of STI is currently at 12.42. One can obtain the P/E ratio from either Business Times Weekend edition or Bloomberg (need to create account for this). STI is currently undervalued according to P/E ratio. I have included a historical P/E ratio chart as below as well.
I recently visited Sentosa to take a look at the new casino and the Universal Studios. The first thought that came to my mind when I saw the Universal Studios globe was, "Singapore is really going to prosper from this!". The casino was grand and the entire area around Waterfront station has been transformed to … Continue reading Bank on Singapore