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Bao Viet Securities JSC (HSTC:BVS) Cyclically Adjusted PS Ratio : 7.37 (As of Jun. 07, 2024)


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What is Bao Viet Securities JSC Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Bao Viet Securities JSC's current share price is ₫47000.00. Bao Viet Securities JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was ₫6,380.26. Bao Viet Securities JSC's Cyclically Adjusted PS Ratio for today is 7.37.

The historical rank and industry rank for Bao Viet Securities JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

HSTC:BVS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.4   Med: 3.91   Max: 7.21
Current: 7.21

During the past years, Bao Viet Securities JSC's highest Cyclically Adjusted PS Ratio was 7.21. The lowest was 2.40. And the median was 3.91.

HSTC:BVS's Cyclically Adjusted PS Ratio is ranked worse than
73.69% of 593 companies
in the Capital Markets industry
Industry Median: 3.08 vs HSTC:BVS: 7.21

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Bao Viet Securities JSC's adjusted revenue per share data for the three months ended in Sep. 2023 was ₫2,045.106. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₫6,380.26 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bao Viet Securities JSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bao Viet Securities JSC's Cyclically Adjusted PS 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.

Bao Viet Securities JSC Cyclically Adjusted PS Ratio Chart

Bao Viet Securities JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.34

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 PS 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 3.26 3.34 3.08 3.74 4.08

Competitive Comparison of Bao Viet Securities JSC's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Bao Viet Securities JSC's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Capital Markets Industry

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

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



Bao Viet Securities JSC Cyclically Adjusted PS Ratio Calculation

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

Bao Viet Securities JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47000.00/6380.26
=7.37

* 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.

Bao Viet Securities JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2045.106/129.8595*129.8595
=2,045.106

Current CPI (Sep. 2023) = 129.8595.

Bao Viet Securities JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 679.380 98.209 898.325
201306 730.630 98.518 963.067
201309 500.957 98.790 658.508
201312 1,071.944 98.326 1,415.722
201403 918.861 99.695 1,196.885
201406 1,012.437 100.560 1,307.431
201409 1,089.269 100.428 1,408.494
201412 1,207.459 99.070 1,582.724
201506 1,033.952 100.684 1,333.565
201509 910.300 100.392 1,177.501
201512 1,041.543 99.792 1,355.356
201609 478.402 101.861 609.900
201612 641.882 101.863 818.302
201703 854.263 102.862 1,078.474
201706 1,126.622 103.349 1,415.615
201709 1,020.058 104.136 1,272.036
201712 922.583 104.011 1,151.859
201803 994.239 105.290 1,226.251
201806 791.674 106.317 966.982
201809 757.041 106.507 923.031
201812 701.399 105.998 859.294
201903 480.167 107.251 581.389
201906 881.154 108.070 1,058.821
201909 753.970 108.329 903.819
201912 580.062 108.420 694.766
202003 261.058 108.902 311.298
202006 900.147 108.767 1,074.704
202009 675.201 109.815 798.446
202012 3,604.872 109.897 4,259.695
202103 1,658.314 111.754 1,926.974
202106 2,595.659 114.631 2,940.477
202109 1,956.116 115.734 2,194.857
202112 7,216.387 117.630 7,966.678
202203 2,742.908 121.301 2,936.436
202206 1,410.143 125.017 1,464.767
202209 1,500.931 125.227 1,556.461
202212 4,921.084 125.222 5,103.341
202303 932.283 127.348 950.671
202306 1,402.268 128.729 1,414.586
202309 2,045.106 129.860 2,045.106

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Bao Viet Securities JSC  (HSTC:BVS) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Bao Viet Securities JSC Cyclically Adjusted PS Ratio Related Terms

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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.