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PetroVietnam Gas JSC (STC:GAS) Cyclically Adjusted PB Ratio : 3.27 (As of Jun. 13, 2024)


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What is PetroVietnam Gas JSC Cyclically Adjusted PB Ratio?

As of today (2024-06-13), PetroVietnam Gas JSC's current share price is ₫80200.00. PetroVietnam Gas JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫24,525.00. PetroVietnam Gas JSC's Cyclically Adjusted PB Ratio for today is 3.27.

The historical rank and industry rank for PetroVietnam Gas JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

STC:GAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3   Med: 3.87   Max: 5.25
Current: 3.27

During the past years, PetroVietnam Gas JSC's highest Cyclically Adjusted PB Ratio was 5.25. The lowest was 3.00. And the median was 3.87.

STC:GAS's Cyclically Adjusted PB Ratio is ranked worse than
88.93% of 831 companies
in the Oil & Gas industry
Industry Median: 1.03 vs STC:GAS: 3.27

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.

PetroVietnam Gas JSC's adjusted book value per share data for the three months ended in Mar. 2024 was ₫29,005.395. 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 ₫24,525.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PetroVietnam Gas JSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PetroVietnam Gas JSC's Cyclically Adjusted PB Ratio 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.

PetroVietnam Gas JSC Cyclically Adjusted PB Ratio Chart

PetroVietnam Gas JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.94 3.78 3.16

PetroVietnam Gas 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 PB Ratio 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 3.70 3.31 3.81 3.16 3.27

Competitive Comparison of PetroVietnam Gas JSC's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, PetroVietnam Gas 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.


PetroVietnam Gas JSC's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroVietnam Gas JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PetroVietnam Gas JSC's Cyclically Adjusted PB Ratio falls into.



PetroVietnam Gas JSC Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PetroVietnam Gas JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80200.00/24525
=3.27

* 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.

PetroVietnam Gas JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PetroVietnam Gas 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)
=29005.395/131.7762*131.7762
=29,005.395

Current CPI (Mar. 2024) = 131.7762.

PetroVietnam Gas JSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 16,247.789 100.560 21,291.592
201409 16,319.385 100.428 21,413.459
201412 15,822.957 99.070 21,046.689
201503 16,956.611 99.621 22,429.764
201506 17,479.453 100.684 22,877.301
201509 18,484.259 100.392 24,262.865
201512 18,062.731 99.792 23,851.897
201603 18,140.168 100.470 23,792.504
201606 17,245.315 101.688 22,347.965
201609 17,638.585 101.861 22,818.799
201612 17,035.442 101.863 22,038.153
201703 17,753.166 102.862 22,743.484
201706 17,294.570 103.349 22,051.597
201709 17,284.856 104.136 21,872.757
201712 18,070.255 104.011 22,893.994
201803 19,153.471 105.290 23,971.732
201806 18,801.162 106.317 23,303.426
201809 18,502.214 106.507 22,892.001
201812 19,624.666 105.998 24,397.313
201903 19,208.607 107.251 23,601.170
201906 19,417.061 108.070 23,676.491
201909 19,829.461 108.329 24,121.347
201912 21,119.921 108.420 25,669.622
202003 22,140.971 108.902 26,791.670
202006 22,789.153 108.767 27,610.026
202009 20,349.095 109.815 24,418.603
202012 21,088.859 109.897 25,287.449
202103 21,982.157 111.754 25,920.457
202106 20,360.975 114.631 23,406.256
202109 21,403.036 115.734 24,369.705
202112 22,246.426 117.630 24,921.890
202203 23,753.888 121.301 25,805.204
202206 25,853.429 125.017 27,251.270
202209 24,660.760 125.227 25,950.587
202212 26,062.016 125.222 27,426.162
202303 27,516.466 127.348 28,473.325
202306 28,759.279 128.729 29,440.121
202309 26,767.562 129.860 27,162.646
202312 27,886.801 129.419 28,394.635
202403 29,005.395 131.776 29,005.395

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


PetroVietnam Gas JSC  (STC:GAS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PetroVietnam Gas JSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PetroVietnam Gas JSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PetroVietnam Gas JSC (STC:GAS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 673 Nguyen Huu Tho Street, 12th, 12Ath, 14th, 15th Floor, PV Gas Building, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City, VNM
PetroVietnam Gas JSC is a Vietnam-based company which is active in the oil and gas industry. The principal activities of the company are to collect, import, transport, store, process, distribute, trade gas and gas products. It is engaged in distributing, trading gas and dry gas products, LNG (liquefied natural gas), CNG (Compressed natural gas), LPG (Liquefied Petroleum Gas) and condensates for industrial and household use as well as managing, operating, maintaining and restoring all gas works. The company also provides services in the gas industry such as renovating, maintaining, and restoring engines, installing conversion equipment for means of transport and agriculture, forestry and others. It operates its business across the Vietnam.

PetroVietnam Gas JSC (STC:GAS) Headlines

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