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Thien Viet Securities JSC (STC:TVS) Cyclically Adjusted PB Ratio : (As of May. 22, 2025)


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What is Thien Viet Securities JSC Cyclically Adjusted PB Ratio?

Thien Viet Securities JSC does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

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Thien Viet Securities JSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thien Viet Securities 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.

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Thien Viet Securities JSC Cyclically Adjusted PB Ratio Chart

Thien Viet Securities JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
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Thien Viet Securities JSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Thien Viet Securities JSC's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Thien Viet Securities 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.


Thien Viet Securities JSC's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Thien Viet Securities JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thien Viet Securities JSC's Cyclically Adjusted PB Ratio falls into.


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Thien Viet Securities 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.

Thien Viet Securities JSC does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


Thien Viet Securities JSC  (STC:TVS) 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.


Thien Viet Securities JSC Cyclically Adjusted PB Ratio Related Terms

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Thien Viet Securities JSC Business Description

Traded in Other Exchanges
N/A
Address
22 Lang Ha Street, TDL Building, 4th Floor, Dong Da District, Hanoi, VNM
Thien Viet Securities JSC is engaged in the provision of financial advisory, investment banking, brokerage, research, and investment services. It also provides proprietary trading, financial and securities investment consulting, securities underwriting, securities depository services.

Thien Viet Securities JSC Headlines

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