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Vietnam Dairy Products JSC (STC:VNM) Cyclically Adjusted PS Ratio : 2.38 (As of Jun. 10, 2024)


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What is Vietnam Dairy Products JSC Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Vietnam Dairy Products JSC's current share price is ₫67800.00. Vietnam Dairy Products JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₫28,435.20. Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio for today is 2.38.

The historical rank and industry rank for Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

STC:VNM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.26   Med: 2.98   Max: 5.38
Current: 2.38

During the past years, Vietnam Dairy Products JSC's highest Cyclically Adjusted PS Ratio was 5.38. The lowest was 2.26. And the median was 2.98.

STC:VNM's Cyclically Adjusted PS Ratio is ranked worse than
81.2% of 1388 companies
in the Consumer Packaged Goods industry
Industry Median: 0.8 vs STC:VNM: 2.38

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.

Vietnam Dairy Products JSC's adjusted revenue per share data for the three months ended in Mar. 2024 was ₫6,752.495. 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 ₫28,435.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vietnam Dairy Products JSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vietnam Dairy Products 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.

Vietnam Dairy Products JSC Cyclically Adjusted PS Ratio Chart

Vietnam Dairy Products JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.14 3.68 2.92 2.44

Vietnam Dairy Products JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.78 2.61 2.69 2.44 2.38

Competitive Comparison of Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Vietnam Dairy Products 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.


Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio falls into.



Vietnam Dairy Products 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.

Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67800.00/28435.2
=2.38

* 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.

Vietnam Dairy Products JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vietnam Dairy Products JSC's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6752.495/131.7762*131.7762
=6,752.495

Current CPI (Mar. 2024) = 131.7762.

Vietnam Dairy Products JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4,080.500 100.560 5,347.210
201409 3,795.819 100.428 4,980.679
201412 4,512.577 99.070 6,002.342
201503 4,202.837 99.621 5,559.403
201506 4,574.363 100.684 5,986.977
201509 4,580.186 100.392 6,012.058
201512 4,973.820 99.792 6,567.946
201603 4,982.498 100.470 6,535.006
201606 5,422.851 101.688 7,027.397
201609 5,253.986 101.861 6,797.011
201612 5,649.169 101.863 7,308.132
201703 5,765.127 102.862 7,385.673
201706 5,767.186 103.349 7,353.502
201709 5,719.913 104.136 7,238.143
201712 5,909.649 104.011 7,487.192
201803 5,799.780 105.290 7,258.777
201806 5,931.294 106.317 7,351.645
201809 5,914.994 106.507 7,318.370
201812 5,603.215 105.998 6,965.896
201903 6,311.606 107.251 7,754.924
201906 6,299.590 108.070 7,681.502
201909 6,130.305 108.329 7,457.147
201912 6,144.409 108.420 7,468.051
202003 6,772.969 108.902 8,195.627
202006 6,668.816 108.767 8,079.554
202009 6,691.296 109.815 8,029.453
202012 6,902.905 109.897 8,277.207
202103 6,311.569 111.754 7,442.343
202106 6,719.215 114.631 7,724.172
202109 6,985.142 115.734 7,953.351
202112 7,569.076 117.630 8,479.370
202203 6,640.251 121.301 7,213.684
202206 6,286.111 125.017 6,625.988
202209 6,891.014 125.227 7,251.434
202212 7,210.038 125.222 7,587.428
202303 6,659.661 127.348 6,891.244
202306 6,454.380 128.729 6,607.180
202309 6,688.336 129.860 6,787.054
202312 7,473.228 129.419 7,609.320
202403 6,752.495 131.776 6,752.495

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.


Vietnam Dairy Products JSC  (STC:VNM) 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.


Vietnam Dairy Products JSC Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Vietnam Dairy Products JSC (STC:VNM) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM
Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.

Vietnam Dairy Products JSC (STC:VNM) Headlines

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