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The PAN Group Joint Stock Company (STC:PAN) Cyclically Adjusted Book per Share : ₫19,248.80 (As of Mar. 2024)


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What is The PAN Group Joint Stock Company 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.

The PAN Group Joint Stock Company's adjusted book value per share for the three months ended in Mar. 2024 was ₫23,275.210. 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 ₫19,248.80 for the trailing ten years ended in Mar. 2024.

During the past 12 months, The PAN Group Joint Stock Company's average Cyclically Adjusted Book Growth Rate was 8.90% 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 (2024-06-25), The PAN Group Joint Stock Company's current stock price is ₫24000.00. The PAN Group Joint Stock Company's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫19,248.80. The PAN Group Joint Stock Company's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The PAN Group Joint Stock Company was 2.70. The lowest was 0.81. And the median was 1.24.


The PAN Group Joint Stock Company Cyclically Adjusted Book per Share Historical Data

The historical data trend for The PAN Group Joint Stock Company'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.

The PAN Group Joint Stock Company Cyclically Adjusted Book per Share Chart

The PAN Group Joint Stock Company 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 - - 15,500.70 17,275.40 18,628.10

The PAN Group Joint Stock Company 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 17,673.00 18,131.60 18,387.20 18,628.10 19,248.80

Competitive Comparison of The PAN Group Joint Stock Company's Cyclically Adjusted Book per Share

For the Farm Products subindustry, The PAN Group Joint Stock Company'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.


The PAN Group Joint Stock Company's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The PAN Group Joint Stock Company's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The PAN Group Joint Stock Company's Cyclically Adjusted PB Ratio falls into.



The PAN Group Joint Stock Company 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, The PAN Group Joint Stock Company'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)
=23275.21/131.7762*131.7762
=23,275.210

Current CPI (Mar. 2024) = 131.7762.

The PAN Group Joint Stock Company Quarterly Data

Book Value per Share CPI Adj_Book
201406 9,461.152 100.560 12,398.179
201409 9,357.315 100.428 12,278.188
201412 9,644.298 99.070 12,828.230
201503 11,692.014 99.621 15,465.892
201506 11,820.988 100.684 15,471.440
201509 12,092.890 100.392 15,873.407
201512 11,665.476 99.792 15,404.300
201603 12,191.155 100.470 15,989.825
201606 12,269.834 101.688 15,900.308
201609 12,508.580 101.861 16,182.181
201612 12,609.385 101.863 16,312.319
201703 12,801.882 102.862 16,400.421
201706 13,562.389 103.349 17,292.846
201709 14,996.972 104.136 18,977.602
201712 16,988.725 104.011 21,523.757
201803 14,723.717 105.290 18,427.626
201806 14,514.281 106.317 17,989.977
201809 17,142.209 106.507 21,209.324
201812 17,365.094 105.998 21,588.221
201903 17,138.997 107.251 21,058.288
201906 17,199.848 108.070 20,972.898
201909 17,414.079 108.329 21,183.180
201912 17,512.155 108.420 21,284.663
202003 17,554.722 108.902 21,242.082
202006 17,324.227 108.767 20,989.036
202009 17,529.380 109.815 21,034.988
202012 17,910.045 109.897 21,475.763
202103 0.000 111.754 0.000
202106 17,539.006 114.631 20,162.220
202109 17,671.409 115.734 20,120.838
202112 19,760.659 117.630 22,137.173
202203 20,159.620 121.301 21,900.546
202206 20,514.868 125.017 21,624.065
202209 20,886.436 125.227 21,978.856
202212 21,504.225 125.222 22,629.806
202303 21,529.696 127.348 22,278.371
202306 21,621.018 128.729 22,132.870
202309 22,046.991 129.860 22,372.400
202312 22,917.570 129.419 23,334.912
202403 23,275.210 131.776 23,275.210

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


The PAN Group Joint Stock Company  (STC:PAN) 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.

The PAN Group Joint Stock Company's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24000.00/19248.8
=1.25

* 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 The PAN Group Joint Stock Company was 2.70. The lowest was 0.81. And the median was 1.24.


Be Aware

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


The PAN Group Joint Stock Company Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of The PAN Group Joint Stock Company's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The PAN Group Joint Stock Company (STC:PAN) Business Description

Traded in Other Exchanges
N/A
Address
Long Hiep Commune, Lot A1-9, Road VL3, Vinh Loc 2 Industrial Park, Ben Luc District, Long An Province, Hanoi, VNM
The PAN Group Joint Stock Company is engaged in agricultural, food processing and related activities, financial investments, and other related services. It operates in three segments namely Packaged Foods, Agriculture, and Aquaculture.

The PAN Group Joint Stock Company (STC:PAN) Headlines

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