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Sao Mai Group (STC:ASM) Cyclically Adjusted Book per Share : ₫12,999.08 (As of Mar. 2025)


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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. 2025 was ₫14,725.022. 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 ₫12,999.08 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Sao Mai Group's average Cyclically Adjusted Book Growth Rate was 7.40% 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 (2025-06-14), Sao Mai Group's current stock price is ₫7130.00. Sao Mai Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₫12,999.08. Sao Mai Group's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sao Mai Group was 1.42. The lowest was 0.50. And the median was 0.76.


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 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 - - 11,021.13 11,827.51 12,690.12

Sao Mai Group 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 12,099.28 12,330.85 12,535.99 12,690.12 12,999.08

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.


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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. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=14725.022/134.9266*134.9266
=14,725.022

Current CPI (Mar. 2025) = 134.9266.

Sao Mai Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 6,809.941 100.684 9,126.009
201509 6,622.132 100.392 8,900.173
201512 6,548.741 99.792 8,854.375
201603 6,617.120 100.470 8,886.453
201606 6,786.647 101.688 9,004.979
201609 7,017.997 101.861 9,296.144
201612 7,158.573 101.863 9,482.194
201703 7,078.740 102.862 9,285.338
201706 7,169.903 103.349 9,360.610
201709 7,366.850 104.136 9,545.093
201712 7,499.375 104.011 9,728.434
201803 8,399.348 105.290 10,763.613
201806 9,852.840 106.317 12,504.235
201809 10,073.983 106.507 12,762.092
201812 9,853.663 105.998 12,542.902
201903 11,066.414 107.251 13,922.113
201906 10,697.356 108.070 13,355.830
201909 11,049.459 108.329 13,762.339
201912 10,874.992 108.420 13,533.705
202003 11,234.987 108.902 13,919.906
202006 11,588.593 108.767 14,375.731
202009 11,891.694 109.815 14,611.003
202012 12,149.130 109.897 14,916.183
202103 12,456.731 111.754 15,039.626
202106 12,686.814 114.631 14,932.982
202109 13,404.181 115.734 15,627.006
202112 13,768.830 117.630 15,793.499
202203 14,153.755 121.301 15,743.630
202206 14,842.406 125.017 16,018.930
202209 14,787.598 125.227 15,933.052
202212 14,101.740 125.222 15,194.637
202303 14,288.827 127.348 15,139.192
202306 14,040.371 128.729 14,716.373
202309 14,139.985 129.860 14,691.725
202312 14,140.261 129.419 14,741.973
202403 14,298.227 131.776 14,640.058
202406 14,560.580 132.554 14,821.224
202409 14,695.613 133.029 14,905.251
202412 14,664.722 133.157 14,859.599
202503 14,725.022 134.927 14,725.022

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
=7130.00/12999.08
=0.55

* 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 0.50. And the median was 0.76.


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 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.