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Viet Nam Joint Stock Commercial Bank For Industry And Trade (STC:CTG) E10 : ₫2,087.90 (As of Mar. 2024)


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What is Viet Nam Joint Stock Commercial Bank For Industry And Trade 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.

Viet Nam Joint Stock Commercial Bank For Industry And Trade's adjusted earnings per share data for the three months ended in Mar. 2024 was ₫923.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫2,087.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Viet Nam Joint Stock Commercial Bank For Industry And Trade's average E10 Growth Rate was 16.00% 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), Viet Nam Joint Stock Commercial Bank For Industry And Trade's current stock price is ₫32400.00. Viet Nam Joint Stock Commercial Bank For Industry And Trade's E10 for the quarter that ended in Mar. 2024 was ₫2,087.90. Viet Nam Joint Stock Commercial Bank For Industry And Trade's Shiller PE Ratio of today is 15.52.

During the past 13 years, the highest Shiller PE Ratio of Viet Nam Joint Stock Commercial Bank For Industry And Trade was 30.89. The lowest was 10.84. And the median was 15.24.


Viet Nam Joint Stock Commercial Bank For Industry And Trade E10 Historical Data

The historical data trend for Viet Nam Joint Stock Commercial Bank For Industry And Trade'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.

Viet Nam Joint Stock Commercial Bank For Industry And Trade E10 Chart

Viet Nam Joint Stock Commercial Bank For Industry And Trade 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 - - 1,482.18 1,715.54 1,987.32

Viet Nam Joint Stock Commercial Bank For Industry And Trade 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 1,800.65 1,849.83 1,866.54 1,987.32 2,087.90

Competitive Comparison of Viet Nam Joint Stock Commercial Bank For Industry And Trade's E10

For the Banks - Regional subindustry, Viet Nam Joint Stock Commercial Bank For Industry And Trade'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.


Viet Nam Joint Stock Commercial Bank For Industry And Trade's Shiller PE Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Viet Nam Joint Stock Commercial Bank For Industry And Trade's Shiller PE Ratio falls into.



Viet Nam Joint Stock Commercial Bank For Industry And Trade 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, Viet Nam Joint Stock Commercial Bank For Industry And Trade'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)
=923.43/131.7762*131.7762
=923.430

Current CPI (Mar. 2024) = 131.7762.

Viet Nam Joint Stock Commercial Bank For Industry And Trade Quarterly Data

per share eps CPI Adj_EPS
201406 350.497 100.560 459.302
201409 232.346 100.428 304.872
201412 83.307 99.070 110.810
201503 231.858 99.621 306.696
201506 331.742 100.684 434.188
201509 265.009 100.392 347.857
201512 20.158 99.792 26.619
201603 357.441 100.470 468.817
201606 277.156 101.688 359.163
201609 330.527 101.861 427.598
201612 27.969 101.863 36.183
201703 378.331 102.862 484.678
201706 348.752 103.349 444.679
201709 363.183 104.136 459.582
201712 -18.118 104.011 -22.954
201803 452.245 105.290 566.012
201806 336.703 106.317 417.332
201809 348.505 106.507 431.190
201812 -155.190 105.998 -192.932
201903 470.797 107.251 578.457
201906 328.985 108.070 401.153
201909 467.620 108.329 568.832
201912 95.436 108.420 115.995
202003 449.617 108.902 544.059
202006 665.106 108.767 805.804
202009 435.127 109.815 522.146
202012 669.222 109.897 802.458
202103 1,203.250 111.754 1,418.823
202106 419.027 114.631 481.699
202109 458.057 115.734 521.548
202112 165.881 117.630 185.831
202203 868.509 121.301 943.511
202206 865.065 125.017 911.837
202209 621.661 125.227 654.176
202212 796.287 125.222 837.967
202303 895.039 127.348 926.163
202306 968.955 128.729 991.894
202309 719.378 129.860 729.996
202312 1,123.050 129.419 1,143.501
202403 923.430 131.776 923.430

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


Viet Nam Joint Stock Commercial Bank For Industry And Trade  (STC:CTG) 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.

Viet Nam Joint Stock Commercial Bank For Industry And Trade's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=32400.00/2087.9
=15.52

* 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 Viet Nam Joint Stock Commercial Bank For Industry And Trade was 30.89. The lowest was 10.84. And the median was 15.24.


Be Aware

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


Viet Nam Joint Stock Commercial Bank For Industry And Trade E10 Related Terms

Thank you for viewing the detailed overview of Viet Nam Joint Stock Commercial Bank For Industry And Trade's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Viet Nam Joint Stock Commercial Bank For Industry And Trade (STC:CTG) Business Description

Traded in Other Exchanges
N/A
Address
108 Tran Hung Dao Street, Hoan Kiem District, Hanoi, VNM
Viet Nam Joint Stock Commercial Bank For Industry And Trade is a Vietnam based banking service provider. The company's operating segment include Banking financial services, Non-banking financial services, and Others. It generates maximum revenue from the Banking financial services segment. The company provides banking services including mobilizing and receiving short, medium and long-term deposits from organizations or individuals; making short, medium and long term loans and advances to organizations and individuals; conducting foreign exchange transactions, international trade finance services, discounting of commercial papers, bonds and other valuable papers and other services.