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Khang Dien House Trading and Investment JSC (STC:KDH) Cyclically Adjusted Book per Share : ₫11,620.90 (As of Mar. 2024)


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What is Khang Dien House Trading and Investment 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.

Khang Dien House Trading and Investment JSC's adjusted book value per share for the three months ended in Mar. 2024 was ₫16,907.191. 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 ₫11,620.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Khang Dien House Trading and Investment JSC's average Cyclically Adjusted Book Growth Rate was 7.90% 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 (2024-05-15), Khang Dien House Trading and Investment JSC's current stock price is ₫35900.00. Khang Dien House Trading and Investment JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫11,620.90. Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio of today is 3.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Khang Dien House Trading and Investment JSC was 5.41. The lowest was 1.77. And the median was 2.85.


Khang Dien House Trading and Investment JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Khang Dien House Trading and Investment 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.

Khang Dien House Trading and Investment JSC Cyclically Adjusted Book per Share Chart

Khang Dien House Trading and Investment 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 - - 8,645.63 10,482.00 11,413.90

Khang Dien House Trading and Investment JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10,774.50 11,011.20 11,254.20 11,413.90 11,620.90

Competitive Comparison of Khang Dien House Trading and Investment JSC's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Khang Dien House Trading and Investment 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.


Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio falls into.



Khang Dien House Trading and Investment 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, Khang Dien House Trading and Investment JSC's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16907.191/129.4194*129.4194
=16,907.191

Current CPI (Mar. 2024) = 129.4194.

Khang Dien House Trading and Investment JSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 6,006.769 100.560 7,730.671
201409 6,134.256 100.428 7,905.099
201412 6,263.969 99.070 8,182.917
201503 0.000 99.621 0.000
201506 6,096.709 100.684 7,836.729
201509 6,266.454 100.392 8,078.380
201512 6,336.584 99.792 8,217.829
201603 6,412.860 100.470 8,260.627
201606 6,704.801 101.688 8,533.263
201609 6,827.030 101.861 8,674.077
201612 6,764.127 101.863 8,594.012
201703 6,895.154 102.862 8,675.361
201706 7,180.671 103.349 8,992.029
201709 8,583.158 104.136 10,667.122
201712 8,133.888 104.011 10,120.871
201803 8,599.010 105.290 10,569.703
201806 8,628.343 106.317 10,503.279
201809 8,581.322 106.507 10,427.415
201812 9,125.508 105.998 11,141.898
201903 9,261.129 107.251 11,175.424
201906 9,082.088 108.070 10,876.319
201909 9,489.555 108.329 11,337.019
201912 10,021.543 108.420 11,962.561
202003 10,224.578 108.902 12,150.969
202006 10,285.771 108.767 12,238.773
202009 10,412.503 109.815 12,271.376
202012 10,927.349 109.897 12,868.536
202103 11,203.171 111.754 12,974.054
202106 11,463.864 114.631 12,942.757
202109 12,960.407 115.734 14,492.921
202112 13,509.971 117.630 14,864.063
202203 13,477.834 121.301 14,379.875
202206 13,796.180 125.017 14,282.027
202209 14,496.447 125.227 14,981.825
202212 14,657.292 125.222 15,148.624
202303 14,897.491 127.348 15,139.832
202306 15,446.013 128.729 15,528.889
202309 16,809.919 129.860 16,752.949
202312 16,827.921 129.419 16,827.921
202403 16,907.191 129.419 16,907.191

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


Khang Dien House Trading and Investment JSC  (STC:KDH) 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.

Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35900.00/11620.9
=3.09

* 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 Khang Dien House Trading and Investment JSC was 5.41. The lowest was 1.77. And the median was 2.85.


Be Aware

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


Khang Dien House Trading and Investment JSC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Khang Dien House Trading and Investment JSC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Khang Dien House Trading and Investment JSC (STC:KDH) Business Description

Traded in Other Exchanges
N/A
Address
11th Floor Saigon Center, , Ben Nghe Ward, Suite 1 and 2, 67 Le Loi, District 1, Ho Chi Minh, VNM
Khang Dien House Trading and Investment JSC is a real estate company. It is engaged in the business of developing real estate and offering construction services. The company provides housing products under the Khang Dien brand. Geographically, the company operates within Vietnam.

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