Daily Archives: 2007-04-17

Singapore Inc – PE Ratio not quite right

By Leong Sze Hian “If Singapore Inc were a listed company, what would its market cap be? Think about it. My GDP, which is profit earned in a year, is S$210 billion. The price earning ratio on SGX – average is now 20….I calculated if Singapore Inc went IPO, it is a 4-trillion-dollar company.” – PM Lee, channelnewsasia To the …

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