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Ho Chi Minh City Securities (STC:HCM) Cyclically Adjusted Revenue per Share : ₫2,107.10 (As of Mar. 2024)


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What is Ho Chi Minh City Securities Cyclically Adjusted Revenue 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 Revenue per Share and 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.

Ho Chi Minh City Securities's adjusted revenue per share for the three months ended in Mar. 2024 was ₫700.760. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₫2,107.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ho Chi Minh City Securities's average Cyclically Adjusted Revenue 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-06-06), Ho Chi Minh City Securities's current stock price is ₫28800.00. Ho Chi Minh City Securities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₫2,107.10. Ho Chi Minh City Securities's Cyclically Adjusted PS Ratio of today is 13.67.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Ho Chi Minh City Securities was 19.13. The lowest was 6.06. And the median was 10.17.


Ho Chi Minh City Securities Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Ho Chi Minh City Securities's Cyclically Adjusted Revenue 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.

Ho Chi Minh City Securities Cyclically Adjusted Revenue per Share Chart

Ho Chi Minh City Securities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,753.25 1,966.19 2,050.53

Ho Chi Minh City Securities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue 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 2,000.42 2,028.31 2,055.52 2,050.53 2,107.10

Competitive Comparison of Ho Chi Minh City Securities's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Ho Chi Minh City Securities'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.


Ho Chi Minh City Securities's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ho Chi Minh City Securities's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ho Chi Minh City Securities's Cyclically Adjusted PS Ratio falls into.



Ho Chi Minh City Securities Cyclically Adjusted Revenue 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 Revenue per Share and 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.

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

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

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

For example, Ho Chi Minh City Securities'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)
=700.76/131.7762*131.7762
=700.760

Current CPI (Mar. 2024) = 131.7762.

Ho Chi Minh City Securities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 333.027 100.560 436.409
201409 368.165 100.428 483.087
201412 324.429 99.070 431.535
201503 223.590 99.621 295.759
201506 203.129 100.684 265.857
201509 242.792 100.392 318.694
201512 364.300 99.792 481.059
201603 280.084 100.470 367.356
201606 330.321 101.688 428.058
201609 386.688 101.861 500.253
201612 -222.572 101.863 -287.934
201703 200.723 102.862 257.145
201706 347.013 103.349 442.462
201709 353.651 104.136 447.520
201712 573.719 104.011 726.870
201803 886.785 105.290 1,109.865
201806 432.251 106.317 535.761
201809 406.396 106.507 502.816
201812 369.128 105.998 458.899
201903 280.677 107.251 344.861
201906 306.990 108.070 374.333
201909 302.847 108.329 368.395
201912 851.695 108.420 1,035.169
202003 288.856 108.902 349.530
202006 445.058 108.767 539.207
202009 400.643 109.815 480.765
202012 517.446 109.897 620.465
202103 947.178 111.754 1,116.873
202106 911.528 114.631 1,047.860
202109 807.982 115.734 919.976
202112 758.642 117.630 849.880
202203 727.761 121.301 790.608
202206 544.446 125.017 573.883
202209 506.789 125.227 533.295
202212 555.539 125.222 584.617
202303 343.318 127.348 355.257
202306 384.720 128.729 393.828
202309 410.533 129.860 416.592
202312 464.934 129.419 473.401
202403 700.760 131.776 700.760

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Ho Chi Minh City Securities  (STC:HCM) Cyclically Adjusted Revenue per Share Explanation

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

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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.

Ho Chi Minh City Securities's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=28800.00/2107.1
=13.67

* 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 PS Ratio of Ho Chi Minh City Securities was 19.13. The lowest was 6.06. And the median was 10.17.


Be Aware

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


Ho Chi Minh City Securities Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Ho Chi Minh City Securities's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ho Chi Minh City Securities (STC:HCM) Business Description

Traded in Other Exchanges
N/A
Address
6 Le Lai, Ben Thanh Ward, Level 5&6, AB Tower, 7, District 1, Ho Chi Minh, VNM
Ho Chi Minh City Securities Corporation is a Vietnam-based securities brokerage and equities firm. It offers a full suite of services and financial products to private and institutional clients. The company provides brokerage and other supporting services including securities trading, underwriting for share issues, custodian services, finance and investment advisory services, investor capital support, portfolio management, pledge of securities, organizing investment and trading seminar, and margin trading services.