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Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Cyclically Adjusted Book per Share : ₫8,963.99 (As of Mar. 2024)


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What is Sai Gon - Hanoi Commercial Joint Stock Bank 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.

Sai Gon - Hanoi Commercial Joint Stock Bank's adjusted book value per share for the three months ended in Mar. 2024 was ₫14,695.342. 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 ₫8,963.99 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sai Gon - Hanoi Commercial Joint Stock Bank's average Cyclically Adjusted Book Growth Rate was 11.50% 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 (2024-05-22), Sai Gon - Hanoi Commercial Joint Stock Bank's current stock price is ₫11850.00. Sai Gon - Hanoi Commercial Joint Stock Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫8,963.99. Sai Gon - Hanoi Commercial Joint Stock Bank's Cyclically Adjusted PB Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sai Gon - Hanoi Commercial Joint Stock Bank was 2.86. The lowest was 0.99. And the median was 1.39.


Sai Gon - Hanoi Commercial Joint Stock Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sai Gon - Hanoi Commercial Joint Stock Bank'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.

Sai Gon - Hanoi Commercial Joint Stock Bank Cyclically Adjusted Book per Share Chart

Sai Gon - Hanoi Commercial Joint Stock Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6,642.08 7,647.21 8,580.43

Sai Gon - Hanoi Commercial Joint Stock Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7,902.23 8,118.07 8,399.31 8,580.43 8,963.99

Competitive Comparison of Sai Gon - Hanoi Commercial Joint Stock Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Sai Gon - Hanoi Commercial Joint Stock Bank'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.


Sai Gon - Hanoi Commercial Joint Stock Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sai Gon - Hanoi Commercial Joint Stock Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sai Gon - Hanoi Commercial Joint Stock Bank's Cyclically Adjusted PB Ratio falls into.



Sai Gon - Hanoi Commercial Joint Stock Bank 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, Sai Gon - Hanoi Commercial Joint Stock Bank's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14695.342/131.7762*131.7762
=14,695.342

Current CPI (Mar. 2024) = 131.7762.

Sai Gon - Hanoi Commercial Joint Stock Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,309.533 100.560 5,647.342
201409 4,143.613 100.428 5,437.036
201412 4,198.004 99.070 5,583.917
201503 4,277.761 99.621 5,658.511
201506 4,338.444 100.684 5,678.203
201509 4,436.184 100.392 5,823.038
201512 4,508.473 99.792 5,953.454
201603 4,626.200 100.470 6,067.688
201606 4,664.978 101.688 6,045.280
201609 4,791.565 101.861 6,198.783
201612 4,825.875 101.863 6,243.065
201703 4,908.992 102.862 6,288.883
201706 5,086.013 103.349 6,484.967
201709 4,879.719 104.136 6,174.938
201712 5,359.177 104.011 6,789.775
201803 5,545.592 105.290 6,940.645
201806 5,731.162 106.317 7,103.588
201809 5,856.368 106.507 7,245.834
201812 5,957.973 105.998 7,406.930
201903 6,225.472 107.251 7,649.093
201906 6,430.245 108.070 7,840.818
201909 6,640.239 108.329 8,077.451
201912 6,751.363 108.420 8,205.757
202003 7,005.594 108.902 8,477.115
202006 8,418.697 108.767 10,199.609
202009 10,530.116 109.815 12,635.978
202012 10,600.738 109.897 12,711.243
202103 11,295.861 111.754 13,319.615
202106 11,900.810 114.631 13,680.750
202109 7,924.943 115.734 9,023.417
202112 9,818.225 117.630 10,999.013
202203 10,450.210 121.301 11,352.660
202206 10,964.757 125.017 11,557.599
202209 11,686.881 125.227 12,298.138
202212 11,855.568 125.222 12,476.116
202303 12,659.448 127.348 13,099.668
202306 13,193.968 128.729 13,506.320
202309 13,684.598 129.860 13,886.580
202312 13,843.510 129.419 14,095.608
202403 14,695.342 131.776 14,695.342

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


Sai Gon - Hanoi Commercial Joint Stock Bank  (STC:SHB) 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.

Sai Gon - Hanoi Commercial Joint Stock Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11850.00/8963.99
=1.32

* 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 Sai Gon - Hanoi Commercial Joint Stock Bank was 2.86. The lowest was 0.99. And the median was 1.39.


Be Aware

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


Sai Gon - Hanoi Commercial Joint Stock Bank Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Sai Gon - Hanoi Commercial Joint Stock Bank's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Business Description

Traded in Other Exchanges
N/A
Address
77 Tran Hung Dao Street, Hoan Kiem District, Hanoi, VNM
Sai Gon - Hanoi Commercial Joint Stock Bank is a Vietnam-based banking corporation. It offers various banking services to its customers including retail banking, corporate banking, and other banking-related services. Its products and services include savings, current account, money transfer services, E-banking, guarantee service, and forex trading and treasury services. It also provides credit in the form of car loans, rubber loans, agricultural product loans, business overdraft, and medium and long-term loans and credit facilities. The company has four reportable segments such as credit, investment, services, and treasury. The primary source of its revenue is interest income, commission, and fees received by providing advisory and financial services to the customer.

Sai Gon - Hanoi Commercial Joint Stock Bank (STC:SHB) Headlines

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