Dear readers, the Singapore Straits Times Index (STI) last traded on 19 Nov 2021 at 3,232.34 or Price-to-Earnings ratio of 14.9.
On a Price-to-Book ratio basis, the STI last traded at 1.16 Price-to-Book. Comparing the Price-to-Book ratio of the STI with a number of regional and international stock markets, Singapore’s stock markets is cheaper.
However, there are two other stock markets that are cheaper than the Singapore stock markets and they are:
South Korea HSI with a Price-to-Book ratio of 1.10.
Hong Kong HSI with a Price-to-Book ratio of 1.04
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