DBS Group Holdings Limited (SGX: D05) is one of Singapore’s most well-known blue-chip companies.

Known for its strong earnings and consistent dividends, it has become a core holding for many long-term investors.

However, even the best companies are not always good buys at any price.

The returns you earn are not just determined by the business itself, but also the price you pay for it.

Buying at the right valuation can improve not only your upside potential but also the dividend yield you lock in.

With the ongoing Middle East conflict, market volatility has picked up.

Sell-offs have been triggered across global markets and DBS has not been spared, with its share price pulling back from recent highs.