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Binh Minh Plastics JSC (STC:BMP) Cyclically Adjusted PS Ratio : 1.88 (As of Jun. 06, 2024)


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What is Binh Minh Plastics JSC Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Binh Minh Plastics JSC's current share price is ₫112000.00. Binh Minh Plastics JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₫59,594.50. Binh Minh Plastics JSC's Cyclically Adjusted PS Ratio for today is 1.88.

The historical rank and industry rank for Binh Minh Plastics JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

STC:BMP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.28   Max: 2.02
Current: 1.81

During the past years, Binh Minh Plastics JSC's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.99. And the median was 1.28.

STC:BMP's Cyclically Adjusted PS Ratio is ranked worse than
79.52% of 1284 companies
in the Construction industry
Industry Median: 0.64 vs STC:BMP: 1.81

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Binh Minh Plastics JSC's adjusted revenue per share data for the three months ended in Mar. 2024 was ₫12,250.657. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₫59,594.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Binh Minh Plastics JSC Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Binh Minh Plastics JSC's Cyclically Adjusted PS 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.

Binh Minh Plastics JSC Cyclically Adjusted PS Ratio Chart

Binh Minh Plastics JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.24 1.13 1.79

Binh Minh Plastics 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 PS 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 1.06 1.63 1.50 1.79 1.85

Competitive Comparison of Binh Minh Plastics JSC's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Binh Minh Plastics JSC's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Binh Minh Plastics JSC's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Binh Minh Plastics JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Binh Minh Plastics JSC's Cyclically Adjusted PS Ratio falls into.



Binh Minh Plastics JSC Cyclically Adjusted PS Ratio Calculation

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

Binh Minh Plastics JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=112000.00/59594.5
=1.88

* 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.

Binh Minh Plastics JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Binh Minh Plastics JSC's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12250.657/131.7762*131.7762
=12,250.657

Current CPI (Mar. 2024) = 131.7762.

Binh Minh Plastics JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7,235.341 100.560 9,481.409
201409 7,832.245 100.428 10,277.070
201412 7,996.276 99.070 10,636.137
201503 7,103.288 99.621 9,396.045
201506 8,830.065 100.684 11,556.887
201509 9,327.151 100.392 12,243.034
201512 8,826.961 99.792 11,656.032
201603 8,605.775 100.470 11,287.268
201606 10,929.418 101.688 14,163.281
201609 10,744.948 101.861 13,900.594
201612 10,140.403 101.863 13,118.283
201703 9,263.228 102.862 11,867.071
201706 11,954.409 103.349 15,242.577
201709 10,771.738 104.136 13,630.869
201712 14,726.931 104.011 18,658.191
201803 7,653.162 105.290 9,578.397
201806 13,491.647 106.317 16,722.456
201809 12,452.893 106.507 15,407.434
201812 14,291.114 105.998 17,766.660
201903 11,380.159 107.251 13,982.537
201906 14,384.665 108.070 17,540.162
201909 13,068.034 108.329 15,896.477
201912 14,161.548 108.420 17,212.260
202003 12,462.331 108.902 15,080.037
202006 15,282.366 108.767 18,515.235
202009 13,616.434 109.815 16,339.512
202012 15,886.808 109.897 19,049.719
202103 14,093.860 111.754 16,618.901
202106 17,740.394 114.631 20,393.729
202109 6,436.665 115.734 7,328.849
202112 17,328.351 117.630 19,412.343
202203 16,486.281 121.301 17,909.988
202206 18,993.501 125.017 20,020.440
202209 18,268.732 125.227 19,224.238
202212 17,194.639 125.222 18,094.646
202303 17,589.816 127.348 18,201.485
202306 16,326.201 128.729 16,712.705
202309 11,313.295 129.860 11,480.277
202312 17,767.529 129.419 18,091.086
202403 12,250.657 131.776 12,250.657

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Binh Minh Plastics JSC  (STC:BMP) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Binh Minh Plastics JSC Cyclically Adjusted PS Ratio Related Terms

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


Binh Minh Plastics JSC (STC:BMP) Business Description

Traded in Other Exchanges
N/A
Address
240 Hau Giang Street, Ward 9, District 6, Ho Chi Minh City, VNM
Binh Minh Plastics JSC is engaged in the manufacture and trade of civil and industrial products made of plastic and rubber. Its products include uPVC pipes and fittings, HPPE pipes, Rubber seal products, Aerosol & workwear caps, Glue products uPVC and others. It also manufactures and trades moulds for the plastic and casting industries. In addition, it is involved in the consultancy and execution of water drainage, yards, and warehouses; transportation of goods by road; and provision of laboratory equipment and advertising services. The business of the group is functioned through Vietnam.

Binh Minh Plastics JSC (STC:BMP) Headlines

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