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Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) Cyclically Adjusted Book per Share : ₫13,550.50 (As of Mar. 2025)


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What is Joint Stock Commercial Bank for Foreign Trade of Vietnam 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.

Joint Stock Commercial Bank for Foreign Trade of Vietnam's adjusted book value per share for the three months ended in Mar. 2025 was ₫24,515.061. 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 ₫13,550.50 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Joint Stock Commercial Bank for Foreign Trade of Vietnam's average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Joint Stock Commercial Bank for Foreign Trade of Vietnam was 15.40% per year. The lowest was 15.40% per year. And the median was 15.40% per year.

As of today (2025-06-18), Joint Stock Commercial Bank for Foreign Trade of Vietnam's current stock price is ₫56600.00. Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₫13,550.50. Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted PB Ratio of today is 4.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Joint Stock Commercial Bank for Foreign Trade of Vietnam was 6.85. The lowest was 3.97. And the median was 5.19.


Joint Stock Commercial Bank for Foreign Trade of Vietnam Cyclically Adjusted Book per Share Historical Data

The historical data trend for Joint Stock Commercial Bank for Foreign Trade of Vietnam'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.

Joint Stock Commercial Bank for Foreign Trade of Vietnam Cyclically Adjusted Book per Share Chart

Joint Stock Commercial Bank for Foreign Trade of Vietnam Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 8,427.06 9,758.83 11,194.13 12,951.34

Joint Stock Commercial Bank for Foreign Trade of Vietnam Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 11,692.12 12,096.42 12,532.11 12,951.34 13,550.50

Competitive Comparison of Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Joint Stock Commercial Bank for Foreign Trade of Vietnam'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.


Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted PB Ratio falls into.


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Joint Stock Commercial Bank for Foreign Trade of Vietnam 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, Joint Stock Commercial Bank for Foreign Trade of Vietnam's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24515.061/134.9266*134.9266
=24,515.061

Current CPI (Mar. 2025) = 134.9266.

Joint Stock Commercial Bank for Foreign Trade of Vietnam Quarterly Data

Book Value per Share CPI Adj_Book
201506 5,635.136 100.684 7,551.652
201509 5,429.130 100.392 7,296.774
201512 5,552.703 99.792 7,507.659
201603 5,798.978 100.470 7,787.730
201606 5,974.723 101.688 7,927.664
201609 5,846.127 101.861 7,743.867
201612 5,922.222 101.863 7,844.533
201703 5,456.761 102.862 7,157.753
201706 6,410.284 103.349 8,368.896
201709 6,673.242 104.136 8,646.398
201712 6,473.286 104.011 8,397.358
201803 6,905.569 105.290 8,849.362
201806 7,217.983 106.317 9,160.339
201809 7,580.479 106.507 9,603.229
201812 7,662.831 105.998 9,754.153
201903 8,996.377 107.251 11,317.901
201906 9,531.956 108.070 11,900.808
201909 9,731.273 108.329 12,120.510
201912 9,678.497 108.420 12,044.692
202003 10,170.690 108.902 12,601.265
202006 10,709.365 108.767 13,285.043
202009 11,187.253 109.815 13,745.475
202012 11,250.961 109.897 13,813.450
202103 12,077.673 111.754 14,581.970
202106 12,547.172 114.631 14,768.617
202109 13,096.175 115.734 15,267.923
202112 13,056.831 117.630 14,976.803
202203 14,000.609 121.301 15,573.281
202206 14,707.542 125.017 15,873.376
202209 15,353.258 125.227 16,542.528
202212 16,223.365 125.222 17,480.690
202303 17,301.300 127.348 18,330.946
202306 18,179.526 128.729 19,054.816
202309 19,045.563 129.860 19,788.718
202312 19,745.405 129.419 20,585.634
202403 20,765.915 131.776 21,262.370
202406 21,733.337 132.554 22,122.378
202409 22,761.282 133.029 23,085.979
202412 23,470.579 133.157 23,782.475
202503 24,515.061 134.927 24,515.061

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


Joint Stock Commercial Bank for Foreign Trade of Vietnam  (STC:VCB) 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.

Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=56600.00/13550.50
=4.18

* 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 Joint Stock Commercial Bank for Foreign Trade of Vietnam was 6.85. The lowest was 3.97. And the median was 5.19.


Be Aware

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


Joint Stock Commercial Bank for Foreign Trade of Vietnam Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Joint Stock Commercial Bank for Foreign Trade of Vietnam Business Description

Traded in Other Exchanges
N/A
Address
No. 198 Tran Quang Khai Street, Hoan Kiem District, Ha Noi, VNM
Joint Stock Commercial Bank for Foreign Trade of Vietnam is engaged in the provision of banking products and services. The company's operating segment includes Banking financial services; Non-banking financial services; Securities and Others. It generates maximum revenue from the Banking financial services segment. Its geographical segment includes the North; the Middle and Central Highland; the South and Overseas of which the North segment derives a majority of revenue to the company. The company services include Personal loans, Electronic banking, Savings and Investment, Card, Payment and currency management, Commercial finance, Foreign exchange and capital markets, factoring and others.

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