Dear readers, a very Good Morning to You!
In today’s post, let us take a look at the names of ten Straits Times Index (STI) stock that are undervalued as at the close of the Singapore stock markets on 7 Jan 2022.
Each of these undervalued STI stocks has a price-to-book ratio of below 1.
Let us take a look at these undervalued STI stocks with their price-to-book ratios below.
Hongkong Land stock (0.37)
UOL stock (0.60)
SIA stock (0.67)
Jardine Matheson Holdings stock (0.69)
YangZiJiang stock (0.72)
City Development stock (0.77)
Keppel Corporation stock (0.83)
Capitaland Investment stock (0.86)
Jardine C&C stock (0.87)
Capitaland Integrated Commercial Trust (0.98)
While the above STI stocks may consider cheap from the price-to-book narrative; to me, the concept of undervaluedness is just one metric that must be assessed with other investing metrics and factors when it comes to investing.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!