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Asia Commercial Joint Stock Bank (STC:ACB) Cyclically Adjusted Revenue per Share : ₫6,835.60 (As of Mar. 2024)


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What is Asia Commercial Joint Stock Bank Cyclically Adjusted Revenue 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 Revenue per Share and 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.

Asia Commercial Joint Stock Bank's adjusted revenue per share for the three months ended in Mar. 2024 was ₫1,759.721. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₫6,835.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asia Commercial Joint Stock Bank's average Cyclically Adjusted Revenue Growth Rate was 9.60% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-06-06), Asia Commercial Joint Stock Bank's current stock price is ₫24350.00. Asia Commercial Joint Stock Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₫6,835.60. Asia Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio of today is 3.56.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Asia Commercial Joint Stock Bank was 4.04. The lowest was 2.33. And the median was 3.13.


Asia Commercial Joint Stock Bank Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Asia Commercial Joint Stock Bank's Cyclically Adjusted Revenue 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.

Asia Commercial Joint Stock Bank Cyclically Adjusted Revenue per Share Chart

Asia Commercial Joint Stock Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5,559.43 6,048.96 6,626.96

Asia 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 Revenue 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 6,238.63 6,388.39 6,527.12 6,626.96 6,835.60

Competitive Comparison of Asia Commercial Joint Stock Bank's Cyclically Adjusted Revenue per Share

For the Banks - Regional subindustry, Asia Commercial Joint Stock Bank'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.


Asia Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Asia Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Asia Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio falls into.



Asia Commercial Joint Stock Bank Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

For example, Asia Commercial Joint Stock Bank'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)
=1759.721/131.7762*131.7762
=1,759.721

Current CPI (Mar. 2024) = 131.7762.

Asia Commercial Joint Stock Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 757.943 100.560 993.231
201409 633.381 100.428 831.090
201412 793.920 99.070 1,056.022
201503 764.293 99.621 1,010.987
201506 870.195 100.684 1,138.921
201509 964.557 100.392 1,266.100
201512 889.566 99.792 1,174.675
201603 806.118 100.470 1,057.298
201606 1,070.298 101.688 1,386.984
201609 873.120 101.861 1,129.544
201612 1,718.965 101.863 2,223.765
201703 1,275.741 102.862 1,634.345
201706 1,318.272 103.349 1,680.875
201709 1,220.619 104.136 1,544.607
201712 1,314.129 104.011 1,664.927
201803 1,739.350 105.290 2,176.902
201806 1,539.360 106.317 1,907.986
201809 1,865.100 106.507 2,307.609
201812 1,126.098 105.998 1,399.961
201903 1,657.073 107.251 2,036.007
201906 1,873.958 108.070 2,285.039
201909 1,828.185 108.329 2,223.877
201912 1,580.689 108.420 1,921.205
202003 2,044.878 108.902 2,474.403
202006 1,925.826 108.767 2,333.220
202009 2,723.456 109.815 3,268.106
202012 1,088.604 109.897 1,305.335
202103 1,314.571 111.754 1,550.088
202106 1,797.439 114.631 2,066.272
202109 1,622.085 115.734 1,846.922
202112 1,190.174 117.630 1,333.310
202203 1,934.113 121.301 2,101.137
202206 1,562.685 125.017 1,647.176
202209 1,583.268 125.227 1,666.077
202212 1,580.906 125.222 1,663.654
202303 1,727.543 127.348 1,787.617
202306 1,804.816 128.729 1,847.543
202309 1,898.533 129.860 1,926.555
202312 1,696.055 129.419 1,726.941
202403 1,759.721 131.776 1,759.721

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


Asia Commercial Joint Stock Bank  (STC:ACB) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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.

Asia Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=24350.00/6835.6
=3.56

* 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 PS Ratio of Asia Commercial Joint Stock Bank was 4.04. The lowest was 2.33. And the median was 3.13.


Be Aware

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


Asia Commercial Joint Stock Bank Cyclically Adjusted Revenue per Share Related Terms

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


Asia Commercial Joint Stock Bank (STC:ACB) Business Description

Traded in Other Exchanges
N/A
Address
442 Nguyen Thi Minh Khai, District 3, Ho Chi Minh, VNM
Asia Commercial Joint Stock Bank formerly Asia Commercial Bank together with its subsidiaries, provides banking services to individual and corporate customers. Its personal banking products and services include current and savings accounts; time deposits; consumption, and others. Geographically, the activities are carried out through Vietnam.