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DBS Group Holdings Ltd D05.SI

SG · Singapore Exchange · XSES · stock · Financial Services · website

DBS Group Holdings Ltd statistics & valuation

Market capS$198.8B
P / E18.2×
P / S8.7×
P / B2.9×
P / FCF18.9×
Net margin47.8%
FCF margin45.9%
Net cashS$75.3B
Enterprise value USD$95.9B
Graham number -34.7%S$45.62

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (S$45.62); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
49.70% 50.00% 50.80% 47.80% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
14.40% 16.20% 16.40% 15.90% 2022202320242025
Shares outstanding
2.84B 2.84B 2.84B 2.84B 2022202320242025
Net debt (S$)
-S$67.93B -S$74.05B -S$75.26B -S$75.35B 2022202320242025
Share buybacks (S$)
S$11.0M S$20.0M S$213.0M S$397.0M 2022202320242025
Return on assets (%)
1.10% 1.40% 1.40% 1.20% 2022202320242025
Free cash flow margin (%)
12.70% 23.30% 64.90% 45.90% 2022202320242025
Debt / equity (×)
0.83× 0.72× 0.94× 1.09× 2022202320242025
EPS (S$)
S$2.86 S$3.52 S$3.94 S$3.82 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

DBS Group Holdings Ltd trades at about 18.3× earnings — above its 10-year norm (10-year range 8.2×–15.5×, median 11.4×).

8.2× 18.3×

Shaded band = 10-year range (8.2×–15.5×); dot = today's 18.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Net margin47.8%50.8%50.0%49.7%
FCF margin45.9%64.9%23.3%12.7%
Return on assets1.2%1.4%1.4%1.1%
Return on equity15.9%16.4%16.2%14.4%

Computed from company filings · SG · as of 2025-12-31. Figures in SGD. Facts plus Stocktoria's own computed scores — not investment advice.