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Hour Glass Ltd
SGX:AGS

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Hour Glass Ltd
SGX:AGS
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Price: 2.37 SGD -2.07% Market Closed
Market Cap: S$1.5B

P/B

1.6
Current
17%
More Expensive
vs 3-y average of 1.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.6
=
Market Cap
S$1.6B
/
Total Equity
S$972.3m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.6
=
Market Cap
S$1.6B
/
Total Equity
S$972.3m

Valuation Scenarios

Hour Glass Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.3), the stock would be worth S$2.02 (15% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-23%
Maximum Upside
No Upside Scenarios
Average Downside
13%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.6 S$2.37
0%
3-Year Average 1.3 S$2.02
-15%
5-Year Average 1.5 S$2.22
-6%
Industry Average 1.4 S$2.14
-10%
Country Average 1.2 S$1.83
-23%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Singapore
Percentile
63rd
Based on 580 companies
63rd percentile
1.6
Low
0 — 0.8
Typical Range
0.8 — 1.9
High
1.9 —
Distribution Statistics
Singapore
Min 0
30th Percentile 0.8
Median 1.2
70th Percentile 1.9
Max 474.4

Hour Glass Ltd
Glance View

Market Cap
1.5B SGD
Industry
Retail

The Hour Glass Ltd. is an investment holding company, which engages in the retail and distribution of watches, jewelry, and other luxury products. The principal activities of the Company and its subsidiaries are engaged in retailing and distribution of watches, jewelry and other luxury products, investment in properties and investment holding. The geographic segments include South East Asia and Oceania and North East Asia. The firm is a retailer for a curated selection of specialty houses and artisanal watchmakers including Rolex, Patek Philippe, Audemars Piguet, Hublot, F.P.Journe, Breguet, Cartier, Girard-Perregaux, Omega, Panerai, TAG Heuer, Tudor and the likes. Its subsidiaries include Dynasty Watch Pte Ltd, Glajz-THG Pte Ltd, The Hour Glass Sdn Bhd, The Hour Glass (HK) Limited, The Hour Glass (Australia) Pty Ltd, The Hour Glass Japan Ltd, Watches of Switzerland Pte Ltd, The Hour Glass (NZ) Limited, The Hour Glass (Taiwan) Limited Company, The Hour Glass (Shanghai) Co., Limited, The Hour Glass Holding (Thailand) Co., Ltd and The Hour Glass (Macau) Limited.

AGS Intrinsic Value
2.84 SGD
Undervaluation 16%
Intrinsic Value
Price S$2.37
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