GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sao Mai Group Corp (STC:ASM) » Definitions » Cyclically Adjusted Book per Share

Sao Mai Group (STC:ASM) Cyclically Adjusted Book per Share : ₫13,309.20 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Sao Mai Group 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.

Sao Mai Group's adjusted book value per share for the three months ended in Mar. 2024 was ₫15,728.020. 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 ₫13,309.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sao Mai Group's average Cyclically Adjusted Book Growth Rate was 6.60% 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.

As of today (2024-06-06), Sao Mai Group's current stock price is ₫12050.00. Sao Mai Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫13,309.20. Sao Mai Group's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sao Mai Group was 1.42. The lowest was 0.61. And the median was 0.81.


Sao Mai Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sao Mai Group'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.

Sao Mai Group Cyclically Adjusted Book per Share Chart

Sao Mai Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 12,123.20 13,010.30

Sao Mai Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12,484.60 12,694.30 12,876.20 13,010.30 13,309.20

Competitive Comparison of Sao Mai Group's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Sao Mai Group'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.


Sao Mai Group's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sao Mai Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sao Mai Group's Cyclically Adjusted PB Ratio falls into.



Sao Mai Group 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, Sao Mai Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15728.02/131.7762*131.7762
=15,728.020

Current CPI (Mar. 2024) = 131.7762.

Sao Mai Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 6,804.294 100.560 8,916.552
201409 6,857.370 100.428 8,997.889
201412 7,351.707 99.070 9,778.772
201503 7,400.527 99.621 9,789.225
201506 7,490.939 100.684 9,804.224
201509 7,284.341 100.392 9,561.594
201512 7,203.615 99.792 9,512.398
201603 7,278.832 100.470 9,546.860
201606 7,465.311 101.688 9,674.193
201609 7,719.797 101.861 9,986.997
201612 7,874.430 101.863 10,186.874
201703 7,786.614 102.862 9,975.388
201706 7,886.893 103.349 10,056.254
201709 8,103.537 104.136 10,254.450
201712 8,249.313 104.011 10,451.415
201803 9,239.283 105.290 11,563.523
201806 10,838.124 106.317 13,433.501
201809 11,081.381 106.507 13,710.520
201812 10,839.029 105.998 13,475.041
201903 12,173.042 107.251 14,956.734
201906 11,767.076 108.070 14,348.364
201909 12,154.388 108.329 14,785.082
201912 11,962.498 108.420 14,539.486
202003 12,358.493 108.902 14,954.388
202006 12,747.459 108.767 15,444.088
202009 13,080.871 109.815 15,696.845
202012 13,364.051 109.897 16,024.706
202103 13,702.412 111.754 16,157.322
202106 13,955.503 114.631 16,042.752
202109 14,744.607 115.734 16,788.353
202112 15,145.721 117.630 16,967.220
202203 15,569.101 121.301 16,913.603
202206 16,326.616 125.017 17,209.362
202209 16,266.327 125.227 17,117.102
202212 15,511.885 125.222 16,323.813
202303 15,717.680 127.348 16,264.248
202306 15,444.379 128.729 15,810.006
202309 15,553.955 129.860 15,783.528
202312 15,554.258 129.419 15,837.510
202403 15,728.020 131.776 15,728.020

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


Sao Mai Group  (STC:ASM) 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.

Sao Mai Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12050.00/13309.2
=0.91

* 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 Sao Mai Group was 1.42. The lowest was 0.61. And the median was 0.81.


Be Aware

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


Sao Mai Group Cyclically Adjusted Book per Share Related Terms

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


Sao Mai Group (STC:ASM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Number 326 Hung Vuong Street, My Long Ward, An Giang, Long Xuyen City, VNM
Sao Mai Group Corp is a company engaged in the real estate sector. It develops urban zones, residential areas and resorts, as well as leases houses and offices. It is also engaged in investment in the infrastructure business, residential area, urban area, industrial zone.