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Binh Minh Plastics JSC (STC:BMP) Cyclically Adjusted Book per Share : ₫35,117.50 (As of Sep. 2024)


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What is Binh Minh Plastics JSC 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.

Binh Minh Plastics JSC's adjusted book value per share for the three months ended in Sep. 2024 was ₫35,922.220. 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 ₫35,117.50 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Binh Minh Plastics JSC's average Cyclically Adjusted Book Growth Rate was 5.10% 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 (2024-12-14), Binh Minh Plastics JSC's current stock price is ₫125600.00. Binh Minh Plastics JSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was ₫35,117.50. Binh Minh Plastics JSC's Cyclically Adjusted PB Ratio of today is 3.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Binh Minh Plastics JSC was 3.81. The lowest was 1.64. And the median was 2.37.


Binh Minh Plastics JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Binh Minh Plastics JSC'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.

Binh Minh Plastics JSC Cyclically Adjusted Book per Share Chart

Binh Minh Plastics JSC 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 - - 28,541.30 32,062.20 33,523.90

Binh Minh Plastics JSC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 33,414.20 33,523.90 34,381.40 34,760.80 35,117.50

Competitive Comparison of Binh Minh Plastics JSC's Cyclically Adjusted Book per Share

For the Building Products & Equipment subindustry, Binh Minh Plastics JSC'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.


Binh Minh Plastics JSC's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Binh Minh Plastics JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Binh Minh Plastics JSC's Cyclically Adjusted PB Ratio falls into.



Binh Minh Plastics JSC 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, Binh Minh Plastics JSC's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=35922.22/133.0289*133.0289
=35,922.220

Current CPI (Sep. 2024) = 133.0289.

Binh Minh Plastics JSC Quarterly Data

Book Value per Share CPI Adj_Book
201412 20,989.899 99.070 28,184.835
201503 22,307.343 99.621 29,788.080
201506 22,478.139 100.684 29,699.307
201509 23,870.420 100.392 31,630.723
201512 24,618.215 99.792 32,817.470
201603 26,767.483 100.470 35,441.770
201606 25,750.692 101.688 33,687.189
201609 28,103.324 101.861 36,702.509
201612 28,064.221 101.863 36,650.829
201703 29,287.449 102.862 37,876.665
201706 28,641.456 103.349 36,866.711
201709 29,992.601 104.136 38,314.301
201712 29,317.483 104.011 37,496.695
201803 30,975.218 105.290 39,135.898
201806 29,028.522 106.317 36,321.939
201809 30,409.918 106.507 37,982.568
201812 29,973.437 105.998 37,617.098
201903 31,091.870 107.251 38,565.016
201906 29,565.148 108.070 36,393.424
201909 31,009.242 108.329 38,079.463
201912 30,164.383 108.420 37,010.985
202003 31,414.902 108.902 38,374.952
202006 31,303.262 108.767 38,285.758
202009 28,837.971 109.815 34,934.090
202012 30,191.760 109.897 36,546.802
202103 29,217.383 111.754 34,779.448
202106 28,184.588 114.631 32,708.008
202109 27,867.495 115.734 32,031.837
202112 28,016.731 117.630 31,684.526
202203 29,573.607 121.301 32,432.910
202206 29,971.692 125.017 31,892.523
202209 32,111.143 125.227 34,111.870
202212 32,021.620 125.222 34,018.045
202303 35,451.160 127.348 37,032.668
202306 33,668.973 128.729 34,793.690
202309 36,219.521 129.860 37,103.508
202312 32,857.310 129.419 33,773.699
202403 35,176.794 131.776 35,511.194
202406 32,384.134 132.554 32,500.205
202409 35,922.220 133.029 35,922.220

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


Binh Minh Plastics JSC  (STC:BMP) 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.

Binh Minh Plastics JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=125600.00/35117.5
=3.58

* 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 Binh Minh Plastics JSC was 3.81. The lowest was 1.64. And the median was 2.37.


Be Aware

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


Binh Minh Plastics JSC Cyclically Adjusted Book per Share Related Terms

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


Binh Minh Plastics JSC Business Description

Industry
Traded in Other Exchanges
N/A
Address
240 Hau Giang Street, Ward 9, District 6, Ho Chi Minh City, VNM
Binh Minh Plastics JSC is engaged in the manufacture and trade of civil and industrial products made of plastic and rubber. Its products include uPVC pipes and fittings, HPPE pipes, Rubber seal products, Aerosol & workwear caps, Glue products uPVC and others. It also manufactures and trades moulds for the plastic and casting industries. In addition, it is involved in the consultancy and execution of water drainage, yards, and warehouses; transportation of goods by road; and provision of laboratory equipment and advertising services. The business of the group is functioned through Vietnam.

Binh Minh Plastics JSC Headlines

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