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No Va Land Investment Group (STC:NVL) Cyclically Adjusted PB Ratio : 1.12 (As of Jun. 07, 2024)


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What is No Va Land Investment Group Cyclically Adjusted PB Ratio?

As of today (2024-06-07), No Va Land Investment Group's current share price is ₫14700.00. No Va Land Investment Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₫13,134.90. No Va Land Investment Group's Cyclically Adjusted PB Ratio for today is 1.12.

The historical rank and industry rank for No Va Land Investment Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

STC:NVL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.28   Max: 1.35
Current: 1.1

During the past 10 years, No Va Land Investment Group's highest Cyclically Adjusted PB Ratio was 1.35. The lowest was 1.10. And the median was 1.28.

STC:NVL's Cyclically Adjusted PB Ratio is ranked worse than
66.21% of 1382 companies
in the Real Estate industry
Industry Median: 0.705 vs STC:NVL: 1.10

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.

No Va Land Investment Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₫19,510.207. 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 ₫13,134.90 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


No Va Land Investment Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for No Va Land Investment Group's Cyclically Adjusted PB Ratio 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.

No Va Land Investment Group Cyclically Adjusted PB Ratio Chart

No Va Land Investment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.30

No Va Land Investment Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 - - - 1.30 -

Competitive Comparison of No Va Land Investment Group's Cyclically Adjusted PB Ratio

For the Real Estate - Diversified subindustry, No Va Land Investment Group'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.


No Va Land Investment Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, No Va Land Investment Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where No Va Land Investment Group's Cyclically Adjusted PB Ratio falls into.



No Va Land Investment Group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

No Va Land Investment Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14700.00/13134.9
=1.12

* 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.

No Va Land Investment Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, No Va Land Investment Group's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=19510.207/129.4194*129.4194
=19,510.207

Current CPI (Dec23) = 129.4194.

No Va Land Investment Group Annual Data

Book Value per Share CPI Adj_Book
201412 1,367.478 99.070 1,786.401
201512 2,531.980 99.792 3,283.690
201612 6,677.452 101.863 8,483.889
201712 8,558.717 104.011 10,649.479
201812 10,693.600 105.998 13,056.478
201912 11,877.140 108.420 14,177.559
202012 15,934.975 109.897 18,765.741
202112 19,758.032 117.630 21,738.362
202212 19,251.999 125.222 19,897.351
202312 19,510.207 129.419 19,510.207

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


No Va Land Investment Group  (STC:NVL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


No Va Land Investment Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of No Va Land Investment Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


No Va Land Investment Group (STC:NVL) Business Description

Traded in Other Exchanges
N/A
Address
Building 65 Nguyen Du, Ben Nghe Ward, District 1, Ho Chi Minh, VNM
No Va Land Investment Group Corp is a real estate company. It is engaged in the investment and development of real estate properties in Vietnam. The company also provides construction for houses, railways, and road projects, and consulting brokerage, and real estate auction services.

No Va Land Investment Group (STC:NVL) Headlines