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Saigon Thuong Tin Commercial Joint Stock Bank (STC:STB) Cyclically Adjusted PS Ratio : 3.18 (As of May. 25, 2024)


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What is Saigon Thuong Tin Commercial Joint Stock Bank Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Saigon Thuong Tin Commercial Joint Stock Bank's current share price is ₫28700.00. Saigon Thuong Tin Commercial Joint Stock Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₫9,026.00. Saigon Thuong Tin Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio for today is 3.18.

The historical rank and industry rank for Saigon Thuong Tin Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio or its related term are showing as below:

STC:STB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.92   Med: 3.46   Max: 4.91
Current: 3.16

During the past years, Saigon Thuong Tin Commercial Joint Stock Bank's highest Cyclically Adjusted PS Ratio was 4.91. The lowest was 1.92. And the median was 3.46.

STC:STB's Cyclically Adjusted PS Ratio is ranked worse than
68.74% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs STC:STB: 3.16

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.

Saigon Thuong Tin Commercial Joint Stock Bank's adjusted revenue per share data for the three months ended in Mar. 2024 was ₫3,674.966. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₫9,026.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saigon Thuong Tin Commercial Joint Stock Bank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saigon Thuong Tin Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio 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.

Saigon Thuong Tin Commercial Joint Stock Bank Cyclically Adjusted PS Ratio Chart

Saigon Thuong Tin Commercial Joint Stock Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.35 2.87 3.22

Saigon Thuong Tin 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 PS Ratio 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 3.23 3.56 3.58 3.22 3.50

Competitive Comparison of Saigon Thuong Tin Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Saigon Thuong Tin 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.


Saigon Thuong Tin Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Saigon Thuong Tin Commercial Joint Stock Bank Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Saigon Thuong Tin Commercial Joint Stock Bank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28700.00/9026
=3.18

* 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.

Saigon Thuong Tin Commercial Joint Stock Bank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Saigon Thuong Tin 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)
=3674.966/131.7762*131.7762
=3,674.966

Current CPI (Mar. 2024) = 131.7762.

Saigon Thuong Tin Commercial Joint Stock Bank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1,767.927 100.560 2,316.745
201409 1,708.218 100.428 2,241.436
201412 1,224.987 99.070 1,629.400
201503 1,790.016 99.621 2,367.787
201506 1,659.938 100.684 2,172.545
201509 1,680.064 100.392 2,205.291
201512 940.858 99.792 1,242.406
201603 1,199.879 100.470 1,573.752
201606 629.070 101.688 815.203
201609 944.571 101.861 1,221.979
201612 939.623 101.863 1,215.557
201703 935.606 102.862 1,198.600
201706 930.154 103.349 1,186.001
201709 1,241.540 104.136 1,571.081
201712 1,625.488 104.011 2,059.402
201803 1,300.207 105.290 1,627.288
201806 1,487.989 106.317 1,844.314
201809 1,634.214 106.507 2,021.943
201812 1,613.284 105.998 2,005.629
201903 1,964.306 107.251 2,413.497
201906 1,832.916 108.070 2,234.994
201909 2,257.022 108.329 2,745.532
201912 2,095.675 108.420 2,547.130
202003 2,159.231 108.902 2,612.776
202006 1,986.259 108.767 2,406.437
202009 2,671.201 109.815 3,205.400
202012 2,790.679 109.897 3,346.276
202103 2,312.888 111.754 2,727.263
202106 2,644.896 114.631 3,040.479
202109 2,285.096 115.734 2,601.833
202112 1,656.465 117.630 1,855.680
202203 2,762.076 121.301 3,000.601
202206 3,261.697 125.017 3,438.050
202209 3,755.684 125.227 3,952.117
202212 -1,448.233 125.222 -1,524.037
202303 3,618.425 127.348 3,744.252
202306 3,583.458 128.729 3,668.292
202309 3,152.117 129.860 3,198.642
202312 2,802.414 129.419 2,853.448
202403 3,674.966 131.776 3,674.966

Add all the adjusted revenue per share together and divide 10 will get our 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.


Saigon Thuong Tin Commercial Joint Stock Bank  (STC:STB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Saigon Thuong Tin Commercial Joint Stock Bank Cyclically Adjusted PS Ratio Related Terms

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Saigon Thuong Tin Commercial Joint Stock Bank (STC:STB) Business Description

Traded in Other Exchanges
N/A
Address
266-268 Nam Ky Khoi Nghia Street, Ward 8, Distrcit 3, Ho Chi Minh City, VNM
Saigon Thuong Tin Commercial Joint Stock Bank is a Vietnam-based company which provides commercial banking services. Its principal activities are to mobilize short, medium and long-term capital in the form of time deposits, demand deposits, certificates of deposit, receive capital from local and overseas financial institutions, grant short, medium and long-term loans, investments in associate, joint-ventures and other companies. The company also provides settlement services to customers, deal in foreign exchange, gold, provide international settlements services, investment in bonds other banking services.

Saigon Thuong Tin Commercial Joint Stock Bank (STC:STB) Headlines