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Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Cyclically Adjusted Book per Share : ₫13,338.66 (As of Mar. 2025)


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What is Joint Stock Commercial Bank for Investment and Development of Vietnam 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.

Joint Stock Commercial Bank for Investment and Development of Vietnam's adjusted book value per share for the three months ended in Mar. 2025 was ₫21,441.669. 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 ₫13,338.66 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Joint Stock Commercial Bank for Investment and Development of Vietnam's average Cyclically Adjusted Book Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Joint Stock Commercial Bank for Investment and Development of Vietnam was 11.60% per year. The lowest was 11.60% per year. And the median was 11.60% per year.

As of today (2025-06-21), Joint Stock Commercial Bank for Investment and Development of Vietnam's current stock price is ₫35800.00. Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₫13,338.66. Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted PB Ratio of today is 2.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Joint Stock Commercial Bank for Investment and Development of Vietnam was 3.87. The lowest was 2.07. And the median was 3.02.


Joint Stock Commercial Bank for Investment and Development of Vietnam Cyclically Adjusted Book per Share Historical Data

The historical data trend for Joint Stock Commercial Bank for Investment and Development of Vietnam'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.

Joint Stock Commercial Bank for Investment and Development of Vietnam Cyclically Adjusted Book per Share Chart

Joint Stock Commercial Bank for Investment and Development of Vietnam 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 - 9,260.18 10,485.37 11,573.32 12,865.83

Joint Stock Commercial Bank for Investment and Development of Vietnam 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 12,020.26 12,351.27 12,568.98 12,865.83 13,338.66

Competitive Comparison of Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Joint Stock Commercial Bank for Investment and Development of Vietnam'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.


Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted PB Ratio falls into.


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Joint Stock Commercial Bank for Investment and Development of Vietnam 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, Joint Stock Commercial Bank for Investment and Development of Vietnam'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)
=21441.669/134.9266*134.9266
=21,441.669

Current CPI (Mar. 2025) = 134.9266.

Joint Stock Commercial Bank for Investment and Development of Vietnam Quarterly Data

Book Value per Share CPI Adj_Book
201506 6,009.260 100.684 8,053.016
201509 6,771.332 100.392 9,100.699
201512 6,984.513 99.792 9,443.571
201603 7,223.916 100.470 9,701.349
201606 7,340.783 101.688 9,740.244
201609 7,592.622 101.861 10,057.300
201612 7,250.703 101.863 9,604.229
201703 7,525.128 102.862 9,870.875
201706 7,707.533 103.349 10,062.509
201709 7,464.188 104.136 9,671.212
201712 7,839.302 104.011 10,169.399
201803 8,157.990 105.290 10,454.317
201806 8,529.937 106.317 10,825.339
201809 8,625.049 106.507 10,926.529
201812 8,774.099 105.998 11,168.706
201903 9,134.821 107.251 11,492.071
201906 9,297.397 108.070 11,607.958
201909 9,595.913 108.329 11,951.916
201912 10,804.177 108.420 13,445.578
202003 11,032.861 108.902 13,669.476
202006 11,102.219 108.767 13,772.381
202009 11,343.679 109.815 13,937.672
202012 11,078.110 109.897 13,601.231
202103 11,457.396 111.754 13,833.079
202106 11,804.203 114.631 13,894.107
202109 12,008.230 115.734 13,999.563
202112 12,052.853 117.630 13,825.192
202203 12,559.729 121.301 13,970.549
202206 13,194.970 125.017 14,240.906
202209 13,955.290 125.227 15,036.273
202212 14,410.238 125.222 15,527.044
202303 15,225.945 127.348 16,132.081
202306 15,860.965 128.729 16,624.623
202309 16,563.439 129.860 17,209.742
202312 17,093.189 129.419 17,820.558
202403 17,971.880 131.776 18,401.537
202406 18,797.130 132.554 19,133.611
202409 19,332.998 133.029 19,608.789
202412 20,250.347 133.157 20,519.450
202503 21,441.669 134.927 21,441.669

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


Joint Stock Commercial Bank for Investment and Development of Vietnam  (STC:BID) 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.

Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35800.00/13338.66
=2.68

* 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 Joint Stock Commercial Bank for Investment and Development of Vietnam was 3.87. The lowest was 2.07. And the median was 3.02.


Be Aware

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


Joint Stock Commercial Bank for Investment and Development of Vietnam Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Joint Stock Commercial Bank for Investment and Development of Vietnam Business Description

Traded in Other Exchanges
N/A
Address
BIDV Tower, 35 Hang Voi, Hoan Kiem, Hanoi, VNM
Joint Stock Commercial Bank for Investment and Development of Vietnam is one of the leading commercial banks based in Vietnam. It is a leading provider of products and modern banking services and utilities such as loans, deposits, savings and current account. Its secondary offerings include insurance products of all types such as life and non-life insurance. Its add on services include a variety of brokerage services, investment advice and contribution to established enterprises to invest various projects. The bank's distribution network spans predominantly across Vietnam and a few countries abroad such as Laos, Cambodia, Myanmar, Russia and Czech Republic.

Joint Stock Commercial Bank for Investment and Development of Vietnam Headlines