Singapore Exchange Ltd
SGX:S68

Watchlist Manager
Singapore Exchange Ltd Logo
Singapore Exchange Ltd
SGX:S68
Watchlist
Price: 21.64 SGD -0.41%
Market Cap: S$23.2B

P/S

16.3
Current
84%
More Expensive
vs 3-y average of 8.8

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
16.3
=
Market Cap
S$19.4B
/
Revenue
S$1.4B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
16.3
=
Market Cap
S$19.4B
/
Revenue
S$1.4B

Valuation Scenarios

Singapore Exchange Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (8.8), the stock would be worth S$11.74 (46% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-91%
Maximum Upside
No Upside Scenarios
Average Downside
49%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 16.3 S$21.64
0%
3-Year Average 8.8 S$11.74
-46%
5-Year Average 9.1 S$12.05
-44%
Industry Average 13.8 S$18.35
-15%
Country Average 1.5 S$1.99
-91%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
S$19.4B
/
Jan 2026
S$1.4B
=
16.3
Current
S$19.4B
/
Jun 2026
S$1.5B
=
13.1
Forward
S$19.4B
/
Jun 2027
S$1.6B
=
12.2
Forward
S$19.4B
/
Jun 2028
S$1.7B
=
11.6
Forward
S$19.4B
/
Jun 2029
S$1.8B
=
10.6
Forward
S$19.4B
/
Jun 2030
S$2B
=
9.8
Forward
S$19.4B
/
Jun 2031
S$2.1B
=
9.1
Forward
S$19.4B
/
Jun 2032
S$2.3B
=
8.5
Forward
S$19.4B
/
Jun 2033
S$2.5B
=
7.9
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close

Market Distribution

Higher than 95% of companies in Singapore
Percentile
95th
Based on 619 companies
95th percentile
16.3
Low
0 — 0.8
Typical Range
0.8 — 3.3
High
3.3 —
Distribution Statistics
Singapore
Min 0
30th Percentile 0.8
Median 1.5
70th Percentile 3.3
Max 215.8

Singapore Exchange Ltd
Glance View

Singapore Exchange Ltd., often abbreviated as SGX, stands tall as a pivotal financial hub in Asia's bustling economic landscape. Established in 1999 through the merger of two deeply-rooted entities—the Stock Exchange of Singapore and the Singapore International Monetary Exchange—SGX was poised from its inception to become a crucial player on the international stage. Nestled in the heart of Singapore's financial district, SGX facilitates a seamless trading environment for equities, fixed-income securities, derivatives, and a range of other financial instruments. With its dynamic multi-asset platform, the exchange serves as a vital conduit for investors, offering them access to a diverse array of asset classes that capture the pulse of the market. The company's robust infrastructure and regulatory framework ensure transparency, liquidity, and confidence for both issuers and investors worldwide. Profitability for SGX is driven by a diversified revenue stream that reflects its multifaceted operations. The lion’s share of revenue is derived from trading and clearing fees, where it charges participants for buying and selling activities on its platform. Additionally, SGX benefits from listing fees when companies go public or issue new financial instruments, as well as from data services, which involve selling financial data and indices to various stakeholders. The exchange also capitalizes on its derivative segment, allowing participants to hedge risks or speculate on future price movements, thus enhancing liquidity and engagement. By continually innovating and expanding its offerings, SGX has successfully positioned itself as an essential platform for capital raising and risk management in the region, cementing its role as a catalyst for economic growth in the broader Asian market.

S68 Intrinsic Value
13.94 SGD
Overvaluation 36%
Intrinsic Value
Price S$21.64
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett