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PetroVietnam Technical Services (HSTC:PVS) Cyclically Adjusted Book per Share : ₫29,245.22 (As of Dec. 2024)


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What is PetroVietnam Technical Services 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.

PetroVietnam Technical Services's adjusted book value per share for the three months ended in Dec. 2024 was ₫28,388.244. 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 ₫29,245.22 for the trailing ten years ended in Dec. 2024.

During the past 12 months, PetroVietnam Technical Services's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 PetroVietnam Technical Services was 4.90% per year. The lowest was 4.90% per year. And the median was 4.90% per year.

As of today (2025-05-28), PetroVietnam Technical Services's current stock price is ₫26900.00. PetroVietnam Technical Services's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ₫29,245.22. PetroVietnam Technical Services's Cyclically Adjusted PB Ratio of today is 0.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PetroVietnam Technical Services was 1.59. The lowest was 0.70. And the median was 1.14.


PetroVietnam Technical Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for PetroVietnam Technical Services'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.

PetroVietnam Technical Services Cyclically Adjusted Book per Share Chart

PetroVietnam Technical Services 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 - 25,331.22 27,009.81 28,076.06 29,245.22

PetroVietnam Technical Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 28,076.06 28,691.95 28,981.62 29,175.14 29,245.22

Competitive Comparison of PetroVietnam Technical Services's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, PetroVietnam Technical Services'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.


PetroVietnam Technical Services's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroVietnam Technical Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PetroVietnam Technical Services's Cyclically Adjusted PB Ratio falls into.


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PetroVietnam Technical Services 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, PetroVietnam Technical Services's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=28388.244/133.1571*133.1571
=28,388.244

Current CPI (Dec. 2024) = 133.1571.

PetroVietnam Technical Services Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.000 99.621 0.000
201506 22,680.399 100.684 29,995.423
201509 24,078.711 100.392 31,937.478
201512 21,447.580 99.792 28,618.387
201603 22,039.455 100.470 29,209.697
201606 21,470.741 101.688 28,115.203
201609 21,607.081 101.861 28,245.710
201612 21,594.909 101.863 28,229.327
201703 22,129.962 102.862 28,647.662
201706 22,128.473 103.349 28,510.778
201709 22,180.802 104.136 28,362.359
201712 24,542.138 104.011 31,419.338
201803 22,520.589 105.290 28,481.248
201806 22,080.426 106.317 27,654.759
201809 22,714.809 106.507 28,398.571
201812 26,502.628 105.998 33,293.236
201903 25,565.399 107.251 31,740.779
201906 25,690.049 108.070 31,653.819
201909 25,589.033 108.329 31,453.709
201912 27,351.686 108.420 33,592.214
202003 25,609.686 108.902 31,313.724
202006 25,796.650 108.767 31,581.248
202009 26,193.338 109.815 31,760.981
202012 25,410.909 109.897 30,789.276
202103 25,698.030 111.754 30,619.601
202106 25,581.553 114.631 29,715.814
202109 25,862.336 115.734 29,755.687
202112 24,854.540 117.630 28,135.446
202203 25,141.797 121.301 27,599.185
202206 24,909.469 125.017 26,531.415
202209 25,481.746 125.227 27,095.506
202212 25,784.947 125.222 27,418.938
202303 25,942.576 127.348 27,126.014
202306 25,991.385 128.729 26,885.515
202309 26,548.879 129.860 27,223.051
202312 26,851.881 129.419 27,627.377
202403 27,675.244 131.776 27,965.256
202406 27,695.820 132.554 27,821.874
202409 27,623.251 133.029 27,649.872
202412 28,388.244 133.157 28,388.244

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


PetroVietnam Technical Services  (HSTC:PVS) 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.

PetroVietnam Technical Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26900.00/29245.22
=0.92

* 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 PetroVietnam Technical Services was 1.59. The lowest was 0.70. And the median was 1.14.


Be Aware

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


PetroVietnam Technical Services Cyclically Adjusted Book per Share Related Terms

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


PetroVietnam Technical Services Business Description

Traded in Other Exchanges
N/A
Address
No. 1-5, Le Duan Street, 5th floor, PetroVietnam Tower, Ben Nghe ward, District 1, Ho Chi Minh, VNM
PetroVietnam Technical Services Corp provides technical services for the oil and gas industry in Vietnam. The principal activities of the Corporation are comprised of Supplying oil and gas technical services; Management, operation and supply of the technology service vessels; Supplying business management and administrative services; port-based services; ship services, tallying services and freight forwarding; Management, business, and operation of the floating storage and offloading (FSO), floating production storage and offloading (FPSO); Supplying services for geophysical survey activities engineering geology, diving services, ROV provision services for oil and gas exploration, exploration and exploitation and industrial and civil works.

PetroVietnam Technical Services Headlines

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