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Bao Viet Securities JSC (HSTC:BVS) Cyclically Adjusted Book per Share : ₫28,745.80 (As of Sep. 2023)


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What is Bao Viet Securities JSC Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Bao Viet Securities JSC's adjusted book value per share for the three months ended in Sep. 2023 was ₫32,464.526. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₫28,745.80 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Bao Viet Securities JSC's average Cyclically Adjusted Book Growth Rate was 7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-08), Bao Viet Securities JSC's current stock price is ₫46800.00. Bao Viet Securities JSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₫28,745.80. Bao Viet Securities JSC's Cyclically Adjusted PB Ratio of today is 1.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bao Viet Securities JSC was 1.60. The lowest was 0.52. And the median was 0.87.


Bao Viet Securities JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bao Viet Securities JSC's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bao Viet Securities JSC Cyclically Adjusted Book per Share Chart

Bao Viet Securities JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 26,950.30

Bao Viet Securities JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26,689.20 26,950.30 27,748.60 28,159.00 28,745.80

Competitive Comparison of Bao Viet Securities JSC's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Bao Viet Securities JSC's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bao Viet Securities JSC's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bao Viet Securities JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bao Viet Securities JSC's Cyclically Adjusted PB Ratio falls into.



Bao Viet Securities JSC Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Bao Viet Securities JSC's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=32464.526/129.8595*129.8595
=32,464.526

Current CPI (Sep. 2023) = 129.8595.

Bao Viet Securities JSC Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.000 98.209 0.000
201306 16,389.279 98.518 21,603.239
201309 0.000 98.790 0.000
201312 16,783.103 98.326 22,165.527
201403 17,272.794 99.695 22,499.099
201406 17,596.616 100.560 22,723.738
201409 17,995.300 100.428 23,269.062
201412 18,571.449 99.070 24,343.256
201506 19,410.425 100.684 25,035.066
201509 19,646.486 100.392 25,413.335
201512 20,088.147 99.792 26,140.635
201609 0.000 101.861 0.000
201612 21,710.381 101.863 27,677.444
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 22,919.902 104.136 28,581.648
201712 23,519.408 104.011 29,364.352
201803 24,044.615 105.290 29,655.585
201806 24,232.174 106.317 29,598.126
201809 23,946.338 106.507 29,196.844
201812 23,436.976 105.998 28,712.965
201903 0.000 107.251 0.000
201906 24,308.103 108.070 29,209.334
201909 24,747.013 108.329 29,665.398
201912 25,022.586 108.420 29,970.647
202003 24,411.377 108.902 29,109.326
202006 25,612.273 108.767 30,579.016
202009 26,017.203 109.815 30,766.144
202012 25,965.943 109.897 30,682.644
202103 26,908.603 111.754 31,268.010
202106 28,337.949 114.631 32,102.477
202109 29,066.399 115.734 32,613.910
202112 29,701.505 117.630 32,789.586
202203 30,431.071 121.301 32,578.162
202206 30,072.705 125.017 31,237.613
202209 30,544.738 125.227 31,674.800
202212 30,206.881 125.222 31,325.620
202303 30,684.357 127.348 31,289.549
202306 31,771.571 128.729 32,050.664
202309 32,464.526 129.860 32,464.526

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Bao Viet Securities JSC  (HSTC:BVS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bao Viet Securities JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46800.00/28745.8
=1.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bao Viet Securities JSC was 1.60. The lowest was 0.52. And the median was 0.87.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Bao Viet Securities JSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Bao Viet Securities JSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Bao Viet Securities JSC (HSTC:BVS) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Le Thai To, Hoan Kiem District, Hanoi, VNM
Bao Viet Securities JSC provides brokerage service, custodian service, proprietary trading, underwriting, corporate finance, and investment advisory service. It provides professional fiscal and investment services to domestic and foreign individuals and institutions, investment funds and banks.

Bao Viet Securities JSC (HSTC:BVS) Headlines

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