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Vicem Ha Tien Cement JSC (STC:HT1) Cyclically Adjusted PB Ratio : 0.71 (As of Jun. 02, 2025)


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What is Vicem Ha Tien Cement JSC Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Vicem Ha Tien Cement JSC's current share price is ₫11400.00. Vicem Ha Tien Cement JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₫15,982.89. Vicem Ha Tien Cement JSC's Cyclically Adjusted PB Ratio for today is 0.71.

The historical rank and industry rank for Vicem Ha Tien Cement JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

STC:HT1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.91   Max: 2.06
Current: 0.71

During the past years, Vicem Ha Tien Cement JSC's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.58. And the median was 0.91.

STC:HT1's Cyclically Adjusted PB Ratio is ranked better than
67.54% of 305 companies
in the Building Materials industry
Industry Median: 1.08 vs STC:HT1: 0.71

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.

Vicem Ha Tien Cement JSC's adjusted book value per share data for the three months ended in Mar. 2025 was ₫12,726.722. 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 ₫15,982.89 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vicem Ha Tien Cement JSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vicem Ha Tien Cement 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.

Vicem Ha Tien Cement JSC Cyclically Adjusted PB Ratio Chart

Vicem Ha Tien Cement JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.66 0.71 0.78 0.74

Vicem Ha Tien Cement JSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.86 0.81 0.76 0.74 0.75

Competitive Comparison of Vicem Ha Tien Cement JSC's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Vicem Ha Tien Cement 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.


Vicem Ha Tien Cement JSC's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Vicem Ha Tien Cement JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Vicem Ha Tien Cement JSC's Cyclically Adjusted PB Ratio falls into.


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Vicem Ha Tien Cement 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.

Vicem Ha Tien Cement JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11400.00/15982.89
=0.71

* 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.

Vicem Ha Tien Cement JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Vicem Ha Tien Cement JSC'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)
=12726.722/134.9266*134.9266
=12,726.722

Current CPI (Mar. 2025) = 134.9266.

Vicem Ha Tien Cement JSC Quarterly Data

Book Value per Share CPI Adj_Book
201506 10,705.466 100.684 14,346.406
201509 11,066.560 100.392 14,873.503
201512 11,790.135 99.792 15,941.122
201603 11,944.027 100.470 16,040.216
201606 12,277.913 101.688 16,291.159
201609 12,954.084 101.861 17,159.173
201612 13,614.642 101.863 18,033.857
201703 13,899.239 102.862 18,231.936
201706 13,889.519 103.349 18,133.352
201709 13,137.021 104.136 17,021.399
201712 13,578.914 104.011 17,615.011
201803 13,793.055 105.290 17,675.552
201806 14,214.539 106.317 18,039.665
201809 13,023.592 106.507 16,498.765
201812 13,526.888 105.998 17,218.615
201903 13,792.401 107.251 17,351.544
201906 14,140.976 108.070 17,655.248
201909 14,704.838 108.329 18,315.192
201912 14,037.901 108.420 17,469.881
202003 14,267.527 108.902 17,677.157
202006 14,538.087 108.767 18,034.599
202009 14,927.100 109.815 18,340.524
202012 14,110.308 109.897 17,324.034
202103 14,332.368 111.754 17,304.175
202106 14,650.249 114.631 17,244.039
202109 14,600.776 115.734 17,022.033
202112 13,653.762 117.630 15,661.511
202203 13,603.907 121.301 15,132.018
202206 13,603.954 125.017 14,682.309
202209 13,232.545 125.227 14,257.544
202212 13,373.827 125.222 14,410.310
202303 13,123.184 127.348 13,904.179
202306 12,923.189 128.729 13,545.402
202309 12,896.026 129.860 13,399.227
202312 12,640.192 129.419 13,178.072
202403 12,575.488 131.776 12,876.133
202406 12,648.582 132.554 12,875.000
202409 12,707.674 133.029 12,888.953
202412 12,750.775 133.157 12,920.218
202503 12,726.722 134.927 12,726.722

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.


Vicem Ha Tien Cement JSC  (STC:HT1) 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.


Vicem Ha Tien Cement JSC Cyclically Adjusted PB Ratio Related Terms

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Vicem Ha Tien Cement JSC Business Description

Traded in Other Exchanges
N/A
Address
No 360 Ben Chuong Duong, Cau Kho Ward, District 1, Ho Chi Minh City, VNM
Vicem Ha Tien Cement JSC is engaged in the manufacture and trade of cement, cement products, and other construction materials. Its products include Mortar, Brick Block, and Self-inserting bricks.

Vicem Ha Tien Cement JSC Headlines

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