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Danang Rubber JSC (STC:DRC) Cyclically Adjusted Book per Share : ₫16,590.80 (As of Mar. 2024)


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What is Danang Rubber JSC Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Danang Rubber JSC's adjusted book value per share for the three months ended in Mar. 2024 was ₫15,999.213. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₫16,590.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Danang Rubber JSC's average Cyclically Adjusted Book Growth Rate was 3.90% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-31), Danang Rubber JSC's current stock price is ₫33450.00. Danang Rubber JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫16,590.80. Danang Rubber JSC's Cyclically Adjusted PB Ratio of today is 2.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Danang Rubber JSC was 2.63. The lowest was 1.18. And the median was 1.88.


Danang Rubber JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Danang Rubber JSC's Cyclically Adjusted Book 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.

Danang Rubber JSC Cyclically Adjusted Book per Share Chart

Danang Rubber JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 14,662.00 15,705.90 16,301.80

Danang Rubber 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 Book 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 15,967.90 16,179.90 16,349.60 16,301.80 16,590.80

Competitive Comparison of Danang Rubber JSC's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Danang Rubber JSC's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Danang Rubber JSC's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Danang Rubber JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Danang Rubber JSC's Cyclically Adjusted PB Ratio falls into.



Danang Rubber JSC Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

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

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, Danang Rubber JSC's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15999.213/131.7762*131.7762
=15,999.213

Current CPI (Mar. 2024) = 131.7762.

Danang Rubber JSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 11,515.716 100.560 15,090.541
201409 0.000 100.428 0.000
201412 12,927.920 99.070 17,195.895
201503 13,665.127 99.621 18,075.875
201506 12,294.718 100.684 16,091.463
201509 13,019.156 100.392 17,089.245
201512 14,082.644 99.792 18,596.179
201603 14,826.279 100.470 19,446.033
201606 13,162.867 101.688 17,057.577
201609 13,863.503 101.861 17,935.027
201612 13,522.812 101.863 17,493.987
201703 13,912.601 102.862 17,823.357
201706 12,636.558 103.349 16,112.357
201709 12,849.617 104.136 16,260.277
201712 12,852.514 104.011 16,283.411
201803 13,027.036 105.290 16,304.126
201806 12,584.304 106.317 15,597.834
201809 12,845.035 106.507 15,892.614
201812 12,838.737 105.998 15,961.071
201903 12,980.825 107.251 15,949.238
201906 12,869.946 108.070 15,693.166
201909 13,559.119 108.329 16,493.853
201912 13,738.952 108.420 16,698.628
202003 14,054.127 108.902 17,006.189
202006 13,225.119 108.767 16,022.793
202009 13,783.777 109.815 16,540.322
202012 14,203.638 109.897 17,031.446
202103 14,739.740 111.754 17,380.496
202106 14,415.115 114.631 16,571.106
202109 14,415.115 115.734 16,413.190
202112 14,932.955 117.630 16,728.865
202203 15,486.873 121.301 16,824.274
202206 14,744.897 125.017 15,542.123
202209 15,392.249 125.227 16,197.307
202212 16,076.393 125.222 16,917.869
202303 15,790.271 127.348 16,339.363
202306 14,654.132 128.729 15,001.051
202309 15,290.741 129.860 15,516.429
202312 15,584.905 129.419 15,868.715
202403 15,999.213 131.776 15,999.213

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Danang Rubber JSC  (STC:DRC) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Danang Rubber JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33450.00/16590.8
=2.02

* 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 PB Ratio of Danang Rubber JSC was 2.63. The lowest was 1.18. And the median was 1.88.


Be Aware

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


Danang Rubber JSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Danang Rubber JSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Danang Rubber JSC (STC:DRC) Business Description

Traded in Other Exchanges
N/A
Address
1 Le Van Hien Street, Khue My Ward, Ngu Hanh Son District, Da Nang, VNM
Danang Rubber JSC is engaged in the manufacture and sale of tire products in Vietnam. Its products include motorcycle tires, bicycle tires, truck tires, light truck tires, agricultural tires, radial tires, tubes, flaps, and technical rubber products.

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