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Vinacafe Bien Hoa JSC (STC:VCF) Cyclically Adjusted Book per Share : ₫73,148.70 (As of Mar. 2024)


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What is Vinacafe Bien Hoa 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.

Vinacafe Bien Hoa JSC's adjusted book value per share for the three months ended in Mar. 2024 was ₫82,828.251. 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 ₫73,148.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vinacafe Bien Hoa JSC's average Cyclically Adjusted Book Growth Rate was 5.30% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-04), Vinacafe Bien Hoa JSC's current stock price is ₫223500.00. Vinacafe Bien Hoa JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫73,148.70. Vinacafe Bien Hoa JSC's Cyclically Adjusted PB Ratio of today is 3.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vinacafe Bien Hoa JSC was 4.22. The lowest was 2.56. And the median was 2.98.


Vinacafe Bien Hoa JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vinacafe Bien Hoa 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.

Vinacafe Bien Hoa JSC Cyclically Adjusted Book per Share Chart

Vinacafe Bien Hoa 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 - - - 68,395.10 71,261.30

Vinacafe Bien Hoa 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 69,438.30 70,183.40 70,887.10 71,261.30 73,148.70

Competitive Comparison of Vinacafe Bien Hoa JSC's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Vinacafe Bien Hoa 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.


Vinacafe Bien Hoa JSC's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vinacafe Bien Hoa JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vinacafe Bien Hoa JSC's Cyclically Adjusted PB Ratio falls into.



Vinacafe Bien Hoa 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, Vinacafe Bien Hoa 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)
=82828.251/131.7762*131.7762
=82,828.251

Current CPI (Mar. 2024) = 131.7762.

Vinacafe Bien Hoa JSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 46,745.112 100.560 61,256.204
201409 50,112.798 100.428 65,755.439
201412 55,551.227 99.070 73,890.701
201503 55,733.930 99.621 73,723.393
201506 57,276.783 100.684 74,964.486
201509 0.000 100.392 0.000
201512 66,544.621 99.792 87,872.396
201603 66,448.272 100.470 87,153.040
201606 68,365.795 101.688 88,594.287
201609 72,371.841 101.861 93,626.473
201612 80,959.758 101.863 104,734.798
201703 79,565.847 102.862 101,931.370
201706 82,160.185 103.349 104,759.083
201709 86,972.864 104.136 110,057.977
201712 28,974.212 104.011 36,708.693
201803 34,482.050 105.290 43,156.379
201806 40,085.751 106.317 49,684.979
201809 45,203.693 106.507 55,928.603
201812 53,050.422 105.998 65,952.090
201903 57,013.841 107.251 70,051.583
201906 62,894.499 108.070 76,691.371
201909 44,736.139 108.329 54,418.823
201912 54,665.256 108.420 66,441.367
202003 58,563.212 108.902 70,864.382
202006 64,462.546 108.767 78,099.110
202009 72,350.700 109.815 86,819.733
202012 56,889.681 109.897 68,215.871
202103 59,184.550 111.754 69,787.991
202106 62,217.258 114.631 71,522.758
202109 64,932.217 115.734 73,932.454
202112 50,555.708 117.630 56,635.785
202203 50,549.192 121.301 54,914.473
202206 54,608.206 125.017 57,560.759
202209 0.000 125.227 0.000
202212 62,561.634 125.222 65,836.255
202303 65,308.131 127.348 67,579.160
202306 69,900.658 128.729 71,555.474
202309 74,113.276 129.860 75,207.173
202312 79,490.456 129.419 80,938.022
202403 82,828.251 131.776 82,828.251

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


Vinacafe Bien Hoa JSC  (STC:VCF) 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.

Vinacafe Bien Hoa JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=223500.00/73148.7
=3.06

* 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 Vinacafe Bien Hoa JSC was 4.22. The lowest was 2.56. And the median was 2.98.


Be Aware

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


Vinacafe Bien Hoa JSC Cyclically Adjusted Book per Share Related Terms

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


Vinacafe Bien Hoa JSC (STC:VCF) Business Description

Traded in Other Exchanges
N/A
Address
Bien Hoa Industrial Zone 1, Dong Nai Province, Bien Hoa City, VNM
Vinacafe Bien Hoa JSC is engaged in the manufacturing and selling of various kinds of coffee, instant cereal and non-alcoholic drinks in the domestic and oversea markets. Its products include roasted ground coffee, original instant coffee, instant milk coffee three in one and ginseng coffee four in one. The company operates in two main segments: coffee and non-alcoholic drinks; and others which include cereals and other items.

Vinacafe Bien Hoa JSC (STC:VCF) Headlines

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