Dear readers, though the markets have been feeling quite jubilant after the US Presidential Election, I think it is still too early to think that the markets would continue to be bullish. In this macro-economy climate, some investors would seek shelter in traditionally blue-chip Singapore stocks and the most popular blue-chip Singapore stocks are inevitably the STI constituent stocks. To determine which of these blue-chip stocks are the best buys, I would be using a traditional method, that of Price-to-Book ratio. The lower the Price-to-Book ratio, the most “discounted” is the stock and hence the more value the stock presents. Let us take a look the STI constituent stocks with the lowest Price-to-Book ratio now. 1) Hongkong Land Holdings Limited: 0.50 2) UOL Group Limited: 0.58 3) Hutchison Port Holdings Trust: 0.66 4) CapitaLand Limited: 0.75 5) Sembcorp Industries Ltd: 0.76 6) City Developments Limited: ......