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Asia Commercial Joint Stock Bank (STC:ACB) E10 : ₫2,306.12 (As of Mar. 2024)


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What is Asia Commercial Joint Stock Bank E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Asia Commercial Joint Stock Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was ₫833.036. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫2,306.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asia Commercial Joint Stock Bank's average E10 Growth Rate was 19.30% 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 E10 growth rate using E10 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 E10 for the quarter that ended in Mar. 2024 was ₫2,306.12. Asia Commercial Joint Stock Bank's Shiller PE Ratio of today is 10.56.

During the past 13 years, the highest Shiller PE Ratio of Asia Commercial Joint Stock Bank was 14.56. The lowest was 7.77. And the median was 10.33.


Asia Commercial Joint Stock Bank E10 Historical Data

The historical data trend for Asia Commercial Joint Stock Bank's E10 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 E10 Chart

Asia Commercial Joint Stock Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,576.39 1,830.56 2,198.04

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
E10 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 1,933.23 2,016.09 2,099.93 2,198.04 2,306.12

Competitive Comparison of Asia Commercial Joint Stock Bank's E10

For the Banks - Regional subindustry, Asia Commercial Joint Stock Bank's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Asia Commercial Joint Stock Bank's Shiller PE Ratio falls into.



Asia Commercial Joint Stock Bank E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=833.036/131.7762*131.7762
=833.036

Current CPI (Mar. 2024) = 131.7762.

Asia Commercial Joint Stock Bank Quarterly Data

per share eps CPI Adj_EPS
201406 151.092 100.560 197.996
201409 123.486 100.428 162.032
201412 44.754 99.070 59.529
201503 133.184 99.621 176.172
201506 132.794 100.684 173.802
201509 133.768 100.392 175.587
201512 78.609 99.792 103.803
201603 147.210 100.470 193.079
201606 143.625 101.688 186.122
201609 158.381 101.861 204.895
201612 145.273 101.863 187.935
201703 226.865 102.862 290.636
201706 238.149 103.349 303.654
201709 259.427 104.136 328.286
201712 209.336 104.011 265.217
201803 444.250 105.290 556.006
201806 625.282 106.317 775.017
201809 714.442 106.507 883.949
201812 576.565 105.998 716.783
201903 407.471 107.251 500.650
201906 727.208 108.070 886.732
201909 735.022 108.329 894.110
201912 678.948 108.420 825.208
202003 345.043 108.902 417.519
202006 703.962 108.767 852.880
202009 1,247.680 109.815 1,497.197
202012 548.406 109.897 657.588
202103 555.917 111.754 655.515
202106 724.321 114.631 832.654
202109 588.420 115.734 669.981
202112 510.112 117.630 571.461
202203 920.227 121.301 999.695
202206 882.796 125.017 930.527
202209 803.060 125.227 845.062
202212 609.072 125.222 640.952
202303 896.439 127.348 927.612
202306 865.490 128.729 885.979
202309 903.937 129.860 917.279
202312 863.348 129.419 879.070
202403 833.036 131.776 833.036

Add all the adjusted EPS together and divide 10 will get our e10.


Asia Commercial Joint Stock Bank  (STC:ACB) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Asia Commercial Joint Stock Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24350.00/2306.12
=10.56

* 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 Shiller P/E Ratio of Asia Commercial Joint Stock Bank was 14.56. The lowest was 7.77. And the median was 10.33.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Asia Commercial Joint Stock Bank E10 Related Terms

Thank you for viewing the detailed overview of Asia Commercial Joint Stock Bank's E10 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.

Asia Commercial Joint Stock Bank (STC:ACB) Headlines