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PVI Holdings (HSTC:PVI) Cyclically Adjusted Book per Share : ₫37,138.28 (As of Mar. 2025)


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What is PVI Holdings 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.

PVI Holdings's adjusted book value per share for the three months ended in Mar. 2025 was ₫34,732.605. 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 ₫37,138.28 for the trailing ten years ended in Mar. 2025.

During the past 12 months, PVI Holdings's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PVI Holdings was 3.90% per year. The lowest was 3.90% per year. And the median was 3.90% per year.

As of today (2025-07-16), PVI Holdings's current stock price is ₫58400.00. PVI Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₫37,138.28. PVI Holdings's Cyclically Adjusted PB Ratio of today is 1.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PVI Holdings was 1.84. The lowest was 1.08. And the median was 1.39.


PVI Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for PVI Holdings'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.

PVI Holdings Cyclically Adjusted Book per Share Chart

PVI Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 32,744.83 34,953.85 35,898.79 36,721.79

PVI Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 36,496.08 36,685.64 36,755.24 36,721.79 37,138.28

Competitive Comparison of PVI Holdings's Cyclically Adjusted Book per Share

For the Insurance - Property & Casualty subindustry, PVI Holdings'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.


PVI Holdings's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PVI Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PVI Holdings's Cyclically Adjusted PB Ratio falls into.


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PVI Holdings 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, PVI Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=34732.605/134.9266*134.9266
=34,732.605

Current CPI (Mar. 2025) = 134.9266.

PVI Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201503 27,812.433 99.621 37,669.098
201506 28,241.959 100.684 37,847.079
201509 27,438.416 100.392 36,877.347
201512 30,266.772 99.792 40,922.882
201603 29,530.816 100.470 39,658.373
201606 29,672.455 101.688 39,371.406
201612 29,627.808 101.863 39,244.781
201703 30,069.032 102.862 39,442.208
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 29,654.027 104.011 38,468.173
201803 30,699.871 105.290 39,341.332
201806 27,959.823 106.317 35,483.798
201809 28,906.695 106.507 36,620.063
201812 29,353.927 105.998 37,365.132
201903 30,070.706 107.251 37,830.482
201906 28,978.870 108.070 36,180.610
201909 29,692.921 108.329 36,983.172
201912 29,946.267 108.420 37,267.518
202003 30,050.322 108.902 37,231.698
202006 31,556.309 108.767 39,145.823
202009 30,039.561 109.815 36,908.797
202012 31,051.979 109.897 38,124.294
202103 31,730.408 111.754 38,309.687
202106 32,771.821 114.631 38,573.989
202109 31,412.358 115.734 36,621.491
202112 33,951.435 117.630 38,943.902
202203 34,896.785 121.301 38,816.700
202206 35,545.730 125.017 38,363.360
202209 31,758.455 125.227 34,218.479
202212 32,458.008 125.222 34,973.532
202303 33,548.568 127.348 35,545.131
202306 34,681.607 128.729 36,351.422
202309 32,706.611 129.860 33,982.819
202312 33,166.936 129.419 34,578.293
202403 34,566.714 131.776 35,393.107
202406 35,727.703 132.554 36,367.252
202409 33,182.374 133.029 33,655.731
202412 33,399.158 133.157 33,842.993
202503 34,732.605 134.927 34,732.605

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


PVI Holdings  (HSTC:PVI) 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.

PVI Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=58400.00/37138.28
=1.57

* 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 PVI Holdings was 1.84. The lowest was 1.08. And the median was 1.39.


Be Aware

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


PVI Holdings Cyclically Adjusted Book per Share Related Terms

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


PVI Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
Pham Van Bach Street, PVI Tower, Lot VP2, Yen Hoa Ward, Cau Giay District, Hanoi, VNM
PVI Holdings is a Vietnam-based investment holding company. The company's operating industry includes financial services and real estate business. Through its subsidiaries, the company is engaged in the multiline insurance business, including energy insurance, marine insurance, health and personal accident insurance, liability insurance, construction and erection insurance, property insurance, motor vehicle insurance, aviation insurance, agriculture insurance, credit insurance and goods transported insurance, among others; reinsurance business; financial services and real estate trading.

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