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Phuoc Hoa Rubber JSC (STC:PHR) Cyclically Adjusted Book per Share : ₫24,740.60 (As of Mar. 2024)


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What is Phuoc Hoa Rubber 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.

Phuoc Hoa Rubber JSC's adjusted book value per share for the three months ended in Mar. 2024 was ₫27,502.928. 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 ₫24,740.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Phuoc Hoa Rubber JSC's average Cyclically Adjusted Book Growth Rate was 4.90% 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 (2024-06-06), Phuoc Hoa Rubber JSC's current stock price is ₫61500.00. Phuoc Hoa Rubber JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫24,740.60. Phuoc Hoa Rubber JSC's Cyclically Adjusted PB Ratio of today is 2.49.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Phuoc Hoa Rubber JSC was 2.65. The lowest was 1.70. And the median was 1.99.


Phuoc Hoa Rubber JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Phuoc Hoa Rubber 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.

Phuoc Hoa Rubber JSC Cyclically Adjusted Book per Share Chart

Phuoc Hoa Rubber 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 - - - 23,119.10 24,166.00

Phuoc Hoa Rubber 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 23,576.50 23,854.20 24,113.70 24,166.00 24,740.60

Competitive Comparison of Phuoc Hoa Rubber JSC's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Phuoc Hoa Rubber 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.


Phuoc Hoa Rubber JSC's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Phuoc Hoa Rubber JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Phuoc Hoa Rubber JSC's Cyclically Adjusted PB Ratio falls into.



Phuoc Hoa Rubber 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, Phuoc Hoa Rubber 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)
=27502.928/131.7762*131.7762
=27,502.928

Current CPI (Mar. 2024) = 131.7762.

Phuoc Hoa Rubber JSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 15,992.278 100.560 20,956.763
201409 16,248.397 100.428 21,320.312
201412 17,576.476 99.070 23,379.108
201503 17,325.402 99.621 22,917.591
201506 16,693.467 100.684 21,848.594
201509 17,203.388 100.392 22,581.564
201512 16,072.660 99.792 21,224.002
201603 16,542.728 100.470 21,697.314
201606 16,670.248 101.688 21,602.743
201609 16,798.229 101.861 21,731.642
201612 17,094.851 101.863 22,115.009
201703 18,164.416 102.862 23,270.334
201706 16,997.840 103.349 21,673.249
201709 17,761.852 104.136 22,476.361
201712 17,952.672 104.011 22,745.023
201803 18,728.480 105.290 23,439.829
201806 30,420.995 106.317 37,705.829
201809 19,741.294 106.507 24,425.062
201812 19,301.987 105.998 23,996.159
201903 20,103.829 107.251 24,701.108
201906 0.000 108.070 0.000
201909 22,751.594 108.329 27,675.946
201912 18,661.877 108.420 22,682.060
202003 19,824.306 108.902 23,988.391
202006 21,895.859 108.767 26,527.762
202009 23,273.808 109.815 27,928.214
202012 23,620.130 109.897 28,322.672
202103 23,630.905 111.754 27,864.593
202106 22,146.802 114.631 25,459.180
202109 23,155.069 115.734 26,364.587
202112 22,056.781 117.630 24,709.438
202203 24,208.173 121.301 26,298.720
202206 24,303.163 125.017 25,617.185
202209 25,403.912 125.227 26,732.608
202212 24,269.499 125.222 25,539.821
202303 25,914.516 127.348 26,815.669
202306 24,668.526 128.729 25,252.524
202309 26,011.714 129.860 26,395.642
202312 26,908.916 129.419 27,398.942
202403 27,502.928 131.776 27,502.928

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


Phuoc Hoa Rubber JSC  (STC:PHR) 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.

Phuoc Hoa Rubber JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61500.00/24740.6
=2.49

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Phuoc Hoa Rubber JSC was 2.65. The lowest was 1.70. And the median was 1.99.


Be Aware

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


Phuoc Hoa Rubber JSC Cyclically Adjusted Book per Share Related Terms

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


Phuoc Hoa Rubber JSC (STC:PHR) Business Description

Traded in Other Exchanges
N/A
Address
Phuoc Hoa Commune, Phu Giao District, Binh Duong, VNM
Phuoc Hoa Rubber JSC is a Vietnam-based company engages in the manufacture and sale of rubber products. It processes latex and manufactures basic rubber products, such as Standard Vietnamese Rubber (SVR) products.