Dear readers, let us take a look at the most undervalued Singapore stocks for Year 2019. This post is the second post of a series which wraps up a review of Singapore stocks for Year 2019. If you have missed the first part, be sure to find out which Singapore stocks are the fastest growing for Year 2019 .
The list below will be for Singapore stocks each with at least SGD $300 million in market capitalisation. The figure in bracket shows the Price-to-Book ratio for the stock.
The most undervalued Singapore stocks for Year 2019 are:
1. Indofood Agriculture (0.24)
2. Hong Fok (0.28)
3. OUE (0.33)
4. Hong Leong Asia (0.42)
5. Wing Tai (0.42)
6. Del Monte Pac (0.44)
7. HPH Trust USD (0.44)
8. Hongkong Land (0.45)
9. Far East Orchard (0.47)
10. Perennial Holdings (0.47)
11. Tuan Sing (0.47)
12. Gallant Venture (0.49)
13. SIIC Environment (0.49)
14. Guocoland (0.50)
As you could see from the list above, these undervalued stocks have Price-to-Book ratio up to 0.50. This means that at the current prices, you will be getting these stocks at minimally a 50% discount. But as investors, we will do our own due diligence, hence we should not neglect other aspects governing these stocks like the basic fundamentals.
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