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Phu Nhuan Jewelry JSC (STC:PNJ) Cyclically Adjusted Book per Share : ₫16,837.10 (As of Mar. 2024)


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What is Phu Nhuan Jewelry 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.

Phu Nhuan Jewelry JSC's adjusted book value per share for the three months ended in Mar. 2024 was ₫31,307.938. 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 ₫16,837.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Phu Nhuan Jewelry JSC's average Cyclically Adjusted Book Growth Rate was 20.20% 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 (2024-06-19), Phu Nhuan Jewelry JSC's current stock price is ₫96800.00. Phu Nhuan Jewelry JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫16,837.10. Phu Nhuan Jewelry JSC's Cyclically Adjusted PB Ratio of today is 5.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Phu Nhuan Jewelry JSC was 7.99. The lowest was 4.78. And the median was 6.21.


Phu Nhuan Jewelry JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Phu Nhuan Jewelry 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.

Phu Nhuan Jewelry JSC Cyclically Adjusted Book per Share Chart

Phu Nhuan Jewelry 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 - - 10,876.10 13,422.10 15,918.80

Phu Nhuan Jewelry 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 14,009.40 14,703.90 15,389.10 15,918.80 16,837.10

Competitive Comparison of Phu Nhuan Jewelry JSC's Cyclically Adjusted Book per Share

For the Luxury Goods subindustry, Phu Nhuan Jewelry 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.


Phu Nhuan Jewelry JSC's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Phu Nhuan Jewelry JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Phu Nhuan Jewelry JSC's Cyclically Adjusted PB Ratio falls into.



Phu Nhuan Jewelry 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, Phu Nhuan Jewelry 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)
=31307.938/131.7762*131.7762
=31,307.938

Current CPI (Mar. 2024) = 131.7762.

Phu Nhuan Jewelry JSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,883.918 100.560 6,400.033
201409 4,985.598 100.428 6,541.846
201412 4,947.295 99.070 6,580.576
201503 5,307.986 99.621 7,021.266
201506 5,023.357 100.684 6,574.625
201509 5,328.940 100.392 6,994.890
201512 5,018.825 99.792 6,627.375
201603 5,601.739 100.470 7,347.198
201606 5,613.395 101.688 7,274.321
201609 6,040.473 101.861 7,814.478
201612 5,725.039 101.863 7,406.282
201703 6,674.193 102.862 8,550.272
201706 6,622.234 103.349 8,443.739
201709 9,464.931 104.136 11,977.197
201712 10,506.133 104.011 13,310.678
201803 11,096.901 105.290 13,888.445
201806 11,404.786 106.317 14,135.860
201809 11,392.190 106.507 14,095.071
201812 12,614.219 105.998 15,681.951
201903 13,608.330 107.251 16,720.239
201906 13,784.542 108.070 16,808.392
201909 13,722.851 108.329 16,693.023
201912 15,244.798 108.420 18,528.866
202003 16,604.534 108.902 20,092.307
202006 15,657.478 108.767 18,969.699
202009 16,168.659 109.815 19,402.143
202012 17,285.213 109.897 20,726.533
202103 18,970.541 111.754 22,369.283
202106 18,861.492 114.631 21,682.504
202109 18,338.252 115.734 20,880.112
202112 19,833.531 117.630 22,218.809
202203 26,416.299 121.301 28,697.533
202206 26,966.560 125.017 28,424.586
202209 27,438.828 125.227 28,873.956
202212 25,743.956 125.222 27,091.454
202303 28,026.233 127.348 29,000.819
202306 28,030.398 128.729 28,693.985
202309 28,771.338 129.860 29,195.997
202312 29,896.892 129.419 30,441.331
202403 31,307.938 131.776 31,307.938

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


Phu Nhuan Jewelry JSC  (STC:PNJ) 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.

Phu Nhuan Jewelry JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96800.00/16837.1
=5.75

* 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 Phu Nhuan Jewelry JSC was 7.99. The lowest was 4.78. And the median was 6.21.


Be Aware

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


Phu Nhuan Jewelry JSC Cyclically Adjusted Book per Share Related Terms

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


Phu Nhuan Jewelry JSC (STC:PNJ) Business Description

Traded in Other Exchanges
N/A
Address
No. 170E, Phan Dang Luu Street, Ward 3, Phu Nhuan District, Ho Chi Minh, VNM
Phu Nhuan Jewelry JSC is engaged in the manufacturing and trading of gold, silver, jewelry, and gemstones. The other activities mainly are trading accessories and jewelry inspection services. The activities of the company are carried out in Vietnam. It offers products such as Rings, Earrings, Bracelets, pendants, Necklaces, and others. The company offers its products under brands of CAO Fine Jewellery, PNJArt, PNJ Silver and accessories, and others.

Phu Nhuan Jewelry JSC (STC:PNJ) Headlines

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