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BaoViet Holdings (STC:BVH) Cyclically Adjusted Book per Share : ₫27,154.90 (As of Dec. 2023)


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What is BaoViet Holdings 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.

BaoViet Holdings's adjusted book value per share for the three months ended in Dec. 2023 was ₫28,748.831. 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 ₫27,154.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, BaoViet Holdings's average Cyclically Adjusted Book Growth Rate was 4.40% 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 (2024-05-26), BaoViet Holdings's current stock price is ₫44600.00. BaoViet Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₫27,154.90. BaoViet Holdings's Cyclically Adjusted PB Ratio of today is 1.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BaoViet Holdings was 2.81. The lowest was 1.42. And the median was 1.86.


BaoViet Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for BaoViet Holdings'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.

BaoViet Holdings Cyclically Adjusted Book per Share Chart

BaoViet Holdings 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 - - 23,686.80 26,005.90 27,154.90

BaoViet Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26,005.90 26,492.70 26,826.80 27,114.40 27,154.90

Competitive Comparison of BaoViet Holdings's Cyclically Adjusted Book per Share

For the Insurance - Diversified subindustry, BaoViet Holdings'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.


BaoViet Holdings's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, BaoViet Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where BaoViet Holdings's Cyclically Adjusted PB Ratio falls into.



BaoViet Holdings 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, BaoViet Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=28748.831/129.4194*129.4194
=28,748.831

Current CPI (Dec. 2023) = 129.4194.

BaoViet Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 18,410.157 99.695 23,899.327
201406 17,132.817 100.560 22,049.820
201409 17,596.028 100.428 22,675.667
201412 17,992.674 99.070 23,504.675
201503 18,463.959 99.621 23,986.831
201506 17,871.140 100.684 22,971.619
201509 18,190.649 100.392 23,450.420
201512 18,490.106 99.792 23,979.566
201603 18,966.230 100.470 24,431.057
201606 18,630.228 101.688 23,710.866
201609 19,045.589 101.861 24,198.356
201612 19,149.406 101.863 24,329.854
201703 19,679.746 102.862 24,760.708
201706 20,535.043 103.349 25,715.105
201709 19,764.987 104.136 24,563.864
201712 20,221.026 104.011 25,160.709
201803 20,858.683 105.290 25,639.007
201806 21,699.577 106.317 26,414.887
201809 20,797.887 106.507 25,272.120
201812 21,092.154 105.998 25,752.717
201903 21,696.438 107.251 26,181.137
201906 21,891.285 108.070 26,216.064
201909 22,351.294 108.329 26,702.733
201912 25,820.885 108.420 30,821.992
202003 25,992.606 108.902 30,889.818
202006 26,596.725 108.767 31,646.756
202009 27,149.092 109.815 31,995.833
202012 27,032.562 109.897 31,834.757
202103 27,592.361 111.754 31,953.881
202106 28,097.055 114.631 31,721.710
202109 28,694.074 115.734 32,087.029
202112 28,552.445 117.630 31,414.231
202203 29,180.194 121.301 31,133.158
202206 29,516.601 125.017 30,556.060
202209 30,002.545 125.227 31,007.106
202212 27,468.396 125.222 28,389.173
202303 28,167.229 127.348 28,625.433
202306 28,609.200 128.729 28,762.704
202309 29,138.393 129.860 29,039.642
202312 28,748.831 129.419 28,748.831

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


BaoViet Holdings  (STC:BVH) 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.

BaoViet Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44600.00/27154.9
=1.64

* 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 BaoViet Holdings was 2.81. The lowest was 1.42. And the median was 1.86.


Be Aware

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


BaoViet Holdings Cyclically Adjusted Book per Share Related Terms

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


BaoViet Holdings (STC:BVH) Business Description

Industry
Traded in Other Exchanges
N/A
Address
72 Tran Hung Dao Street, Tran Hung Dao Ward, Hoan Kiem District, Ha Noi, VNM
BaoViet Holdings is a Vietnam-based company that provides financial and securities investment services. The firm's services are classified on the basis of five major segments which include Life insurance, Non-life insurance, financial services, Banking services and Real estate operation and other activities. Further, the company has established relations with world-class insurers and reinsurers, including Munich Re, Swiss Re, CCR, Hannover Re, AON, Arthur Gallagher, and Marsh. It is engaged in offering securities brokerage services, underwriting services, custody services, investment advice to investors and trading of securities. The majority of the revenue for the company is generated through interest, dividends and appropriated profits.