Sai Gon Water Infrastructure (HSTC:SII) Cyclically Adjusted Book per Share: ₫25,849.56 (As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HSTC:SII Sai Gon Water Infrastructure Corp HSTC:SII
78 GF Score
Price ₫16,300.00
GF Value ₫19,269.46
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Sai Gon Water Infrastructure Cyclically Adjusted Book per Share?

Sai Gon Water Infrastructure HSTC:SII 78 Cyclically Adjusted Book per Share is ₫25,849.56 as of Mar. 2023. GuruFocus rates HSTC:SII with a GF Score™ of 78/100 and a GF Value™ of ₫19,269.46 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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.

Sai Gon Water Infrastructure's adjusted book value per share data for the fiscal year that ended in Dec. 2024 was ₫22,916.320. 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 ₫25,849.56 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Sai Gon Water Infrastructure's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.80% 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 Sai Gon Water Infrastructure was 1.80% per year. The lowest was 1.80% per year. And the median was 1.80% per year.

As of today (2026-09-16), Sai Gon Water Infrastructure's current stock price is ₫ 16300.00. Sai Gon Water Infrastructure's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2024 was ₫25,849.56. Sai Gon Water Infrastructure's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sai Gon Water Infrastructure was 1.49. The lowest was 0.50. And the median was 0.93.


Sai Gon Water Infrastructure  (HSTC:SII) 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.

Sai Gon Water Infrastructure's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16300.00/25849.555
=0.63

* 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 Sai Gon Water Infrastructure was 1.49. The lowest was 0.50. And the median was 0.93.


Be Aware

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


Sai Gon Water Infrastructure Cyclically Adjusted Book per Share Related Terms


Sai Gon Water Infrastructure Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Sai Gon Water Infrastructure'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.

Sai Gon Water Infrastructure Cyclically Adjusted Book per Share Chart

Sai Gon Water Infrastructure 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 20,107.41 22,386.02 24,160.17 24,691.81 25,849.56

Sai Gon Water Infrastructure Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 23,084.74 23,791.88 23,831.79 24,160.17 24,570.36

HSTC:SII vs PWR, FIX, EME: Cyclically Adjusted Book per Share Comparison

For the Engineering & Construction subindustry, Sai Gon Water Infrastructure'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.


Sai Gon Water Infrastructure Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Sai Gon Water Infrastructure's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sai Gon Water Infrastructure's Cyclically Adjusted PB Ratio falls into.


HSTC:SII
78GF Score
Sai Gon Water Infrastructure Corp HSTC:SII
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sai Gon Water Infrastructure 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, Sai Gon Water Infrastructure's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2024 was:

Adj_Book=Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=22916.32/315.6050*315.6050
=22,916.320

Current CPI (Dec. 2024) = 315.6050.

Sai Gon Water Infrastructure Annual Data

Book Value per Share CPI Adj_Book
201512 21,757.968 236.525 29,032.548
201612 21,902.846 241.432 28,631.862
201712 23,479.264 246.524 30,058.628
201812 23,969.053 251.233 30,110.507
201912 24,430.489 256.974 30,004.532
202012 22,588.082 260.474 27,368.995
202112 21,329.465 278.802 24,145.041
202212 20,016.657 296.797 21,285.111
202312 14,522.584 306.746 14,942.005
202412 22,916.320 315.605 22,916.320

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

What does a Cyclically Adjusted Book per Share of ₫25,849.56 mean?
Sai Gon Water Infrastructure (HSTC:SII) has a Cyclically Adjusted Book per Share of ₫25,849.56 as of Mar. 2023. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sai Gon Water Infrastructure and its competitors.
Is Sai Gon Water Infrastructure's Cyclically Adjusted Book per Share too high?
Sai Gon Water Infrastructure's current Cyclically Adjusted Book per Share is ₫25,849.56. Overall, Sai Gon Water Infrastructure has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sai Gon Water Infrastructure's Cyclically Adjusted Book per Share compare to PWR and FIX?
Sai Gon Water Infrastructure's Cyclically Adjusted Book per Share of ₫25,849.56 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Construction company?
A good Cyclically Adjusted Book per Share depends on the Construction industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Sai Gon Water Infrastructure and its competitors. Sai Gon Water Infrastructure's current Cyclically Adjusted Book per Share is ₫25,849.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sai Gon Water Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Sai Gon Water Infrastructure (HSTC:SII) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫19,269.46, compared to a current price of ₫16,300.00 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₫25,849.56. Sai Gon Water Infrastructure's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Sai Gon Water Infrastructure (HSTC:SII), the current Cyclically Adjusted Book per Share is ₫25,849.56 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sai Gon Water Infrastructure (HSTC:SII) Overvalued in 2026?

Based on GuruFocus' analysis, Sai Gon Water Infrastructure stock appears to be undervalued. The current stock price of ₫16,300.00 is trading 15.4% below its estimated GF Value™ of ₫19,269.46. GuruFocus considers Sai Gon Water Infrastructure to be Modestly Undervalued.

Key valuation signals for HSTC:SII:

  • Cyclically Adjusted Book per Share: ₫25,849.56
  • GF Value™: ₫19,269.46 vs. price of ₫16,300.00 (15.4% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the HSTC:SII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sai Gon Water Infrastructure Business Description

Address 220Bis Nguyen Huu Canh, Tasco Building, Ward 22, Binh Thanh District, Ho Chi Minh City, VNM
Sai Gon Water Infrastructure Corp is a Vietnam-based company engaged in providing solutions for water in water and sewage treatment industry. The company offers water and wastewater management services to municipal entities, businesses, and manufacturers. The main activities of the company include investment, supplying technology solutions, and operation services for water supply and sewage treatment entities.
78GF Score

Get the complete analysis for HSTC:SII

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫16,300.00
Price
₫19,269.46
GF Value