Dear readers, are you a fan of undervalued stocks?
If so, of the 30 Straits Times Index (STI) constituent stocks, seven are undervalued as at 3 Jun 2022 (i.e. each of these undervalued stocks has a Price-to-Book ratio of below 1).
Let us take a look at these Seven undervalued STI stocks as below:
Wilmar International stock: 0.96
City Development stock: 0.92
Jardine Matheson Holdings stock: 0.78
SIA stock: 0.72
UOL stock: 0.61
YangZiJiang: 0.55
Hongkong Land stock: 0.34
Please note that the above is just for reference and not a stock recommendation, Thank You!