Ba Ria Thermal Power JSC (STC:BTP) Cyclically Adjusted Book per Share: ₫22,423.27 (As of Dec. 2025)


STC:BTP Ba Ria Thermal Power JSC STC:BTP
65 GF Score
Price ₫8,290.00
GF Value ₫7,117.07
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Ba Ria Thermal Power JSC Cyclically Adjusted Book per Share?

Ba Ria Thermal Power JSC STC:BTP -0.12% 65 Cyclically Adjusted Book per Share is ₫22,423.27 as of Dec. 2025. GuruFocus rates STC:BTP with a GF Score™ of 65/100 and a GF Value™ of ₫7,117.07 (Modestly Overvalued). The stock has 4 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.

Ba Ria Thermal Power JSC's adjusted book value per share for the three months ended in Dec. 2025 was ₫17,797.423. 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 ₫22,423.27 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ba Ria Thermal Power JSC's average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 Ba Ria Thermal Power JSC was 1.60% per year. The lowest was 1.60% per year. And the median was 1.60% per year.

As of today (2026-06-28), Ba Ria Thermal Power JSC's current stock price is ₫8290.00. Ba Ria Thermal Power JSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was ₫22,423.27. Ba Ria Thermal Power JSC's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ba Ria Thermal Power JSC was 0.90. The lowest was 0.36. And the median was 0.58.


Ba Ria Thermal Power JSC  (STC:BTP) 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.

Ba Ria Thermal Power JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8290.00/22423.27
=0.37

* 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 Ba Ria Thermal Power JSC was 0.90. The lowest was 0.36. And the median was 0.58.


Be Aware

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


Ba Ria Thermal Power JSC Cyclically Adjusted Book per Share Related Terms


Ba Ria Thermal Power JSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ba Ria Thermal Power 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.

Ba Ria Thermal Power JSC Cyclically Adjusted Book per Share Chart

Ba Ria Thermal Power JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 21,389.81 22,113.50 22,229.27 22,423.27

Ba Ria Thermal Power JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 22,229.27 22,456.57 22,576.74 22,630.93 22,423.27

STC:BTP vs NEE, SO, DUK: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Electric subindustry, Ba Ria Thermal Power 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.


Ba Ria Thermal Power JSC Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ba Ria Thermal Power JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ba Ria Thermal Power JSC's Cyclically Adjusted PB Ratio falls into.


STC:BTP
65GF Score
Ba Ria Thermal Power JSC STC:BTP
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ba Ria Thermal Power 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, Ba Ria Thermal Power JSC's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=17797.423/324.0540*324.0540
=17,797.423

Current CPI (Dec. 2025) = 324.0540.

Ba Ria Thermal Power JSC Quarterly Data

Book Value per Share CPI Adj_Book
201603 17,225.666 238.132 23,440.974
201606 16,827.198 241.018 22,624.538
201609 17,044.020 241.428 22,877.143
201612 18,289.638 241.432 24,548.653
201703 17,532.332 243.801 23,303.523
201706 16,466.241 244.955 21,783.394
201709 16,179.261 246.819 21,242.101
201712 18,542.395 246.524 24,373.843
201803 20,352.278 249.554 26,428.096
201806 19,227.181 251.989 24,725.861
201809 18,907.270 252.439 24,271.117
201812 17,989.173 251.233 23,203.415
201903 17,985.082 254.202 22,927.191
201906 18,112.349 256.143 22,914.462
201909 18,194.677 256.759 22,963.393
201912 20,290.668 256.974 25,587.305
202003 20,692.797 258.115 25,979.054
202006 20,029.136 257.797 25,176.870
202009 20,060.823 260.280 24,976.141
202012 20,222.915 260.474 25,159.196
202103 20,525.213 264.877 25,110.815
202106 20,465.069 271.696 24,408.852
202109 19,666.544 274.310 23,232.920
202112 21,083.853 278.802 24,505.947
202203 20,885.123 287.504 23,540.221
202206 20,920.757 296.311 22,879.525
202209 20,851.832 296.808 22,765.962
202212 20,549.914 296.797 22,437.160
202303 20,790.635 301.836 22,321.023
202306 21,063.285 305.109 22,371.158
202309 20,059.093 307.789 21,119.109
202312 19,872.045 306.746 20,993.316
202403 17,381.523 312.332 18,033.862
202406 17,233.179 314.175 17,775.064
202409 17,219.444 315.301 17,697.469
202412 17,584.373 315.605 18,055.121
202503 17,762.370 319.799 17,998.702
202506 17,599.850 322.561 17,681.312
202509 17,740.162 324.800 17,699.416
202512 17,797.423 324.054 17,797.423

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 ₫22,423.27 mean?
Ba Ria Thermal Power JSC (STC:BTP) has a Cyclically Adjusted Book per Share of ₫22,423.27 as of Dec. 2025. 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 Ba Ria Thermal Power JSC and its competitors.
Is Ba Ria Thermal Power JSC's Cyclically Adjusted Book per Share too high?
Ba Ria Thermal Power JSC's current Cyclically Adjusted Book per Share is ₫22,423.27. Overall, Ba Ria Thermal Power JSC has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ba Ria Thermal Power JSC's Cyclically Adjusted Book per Share compare to NEE and SO?
Ba Ria Thermal Power JSC's Cyclically Adjusted Book per Share of ₫22,423.27 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated 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 Ba Ria Thermal Power JSC and its competitors. Ba Ria Thermal Power JSC's current Cyclically Adjusted Book per Share is ₫22,423.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ba Ria Thermal Power JSC stock overvalued right now?
Based on GuruFocus' analysis, Ba Ria Thermal Power JSC (STC:BTP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫7,117.07, compared to a current price of ₫8,290.00 — trading 16.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₫22,423.27. Ba Ria Thermal Power JSC's overall GF Score™ is 65/100 with 4 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 Ba Ria Thermal Power JSC (STC:BTP), the current Cyclically Adjusted Book per Share is ₫22,423.27 as of Dec. 2025. 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 Ba Ria Thermal Power JSC (STC:BTP) Overvalued in 2026?

Based on GuruFocus' analysis, Ba Ria Thermal Power JSC stock appears to be overvalued. The current stock price of ₫8,290.00 is trading 16.5% above its estimated GF Value™ of ₫7,117.07. GuruFocus considers Ba Ria Thermal Power JSC to be Modestly Overvalued.

Key valuation signals for STC:BTP:

  • Cyclically Adjusted Book per Share: ₫22,423.27
  • GF Value™: ₫7,117.07 vs. price of ₫8,290.00 (16.5% above fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Ba Ria Thermal Power JSC Business Description

Address Long Huong Ward, Vung Tau Province, Ba Ria Town, VNM
Ba Ria Thermal Power JSC is a Vietnam based company engaged in producing electricity. The company produces electricity by using natural gas, oil, a mix of oil and gas, and a steam turbine. In addition, the organization is also involved in the management, operation, maintenance and repairs of electrical equipment; and installation of electrical systems.
65GF Score

Get the complete analysis for STC:BTP

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

₫8,290.00
Price
₫7,117.07
GF Value