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Vndirect Securities (STC:VND) Cyclically Adjusted Revenue per Share : ₫2,139.14 (As of Sep. 2023)


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What is Vndirect Securities Cyclically Adjusted Revenue 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 Revenue per Share and 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.

Vndirect Securities's adjusted revenue per share for the three months ended in Sep. 2023 was ₫754.149. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ₫2,139.14 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Vndirect Securities's average Cyclically Adjusted Revenue Growth Rate was 10.80% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-06-10), Vndirect Securities's current stock price is ₫17850.00. Vndirect Securities's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was ₫2,139.14. Vndirect Securities's Cyclically Adjusted PS Ratio of today is 8.34.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Vndirect Securities was 17.00. The lowest was 4.42. And the median was 8.72.


Vndirect Securities Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Vndirect Securities's Cyclically Adjusted Revenue 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.

Vndirect Securities Cyclically Adjusted Revenue per Share Chart

Vndirect Securities Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1,742.60 1,933.21

Vndirect Securities Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Revenue 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 1,930.10 1,933.21 1,993.52 2,058.97 2,139.14

Competitive Comparison of Vndirect Securities's Cyclically Adjusted Revenue per Share

For the Capital Markets subindustry, Vndirect Securities'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.


Vndirect Securities's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vndirect Securities's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Vndirect Securities's Cyclically Adjusted PS Ratio falls into.



Vndirect Securities Cyclically Adjusted Revenue 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 Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Vndirect Securities's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=754.149/129.8595*129.8595
=754.149

Current CPI (Sep. 2023) = 129.8595.

Vndirect Securities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 466.589 98.326 616.226
201403 223.671 99.695 291.348
201406 613.255 100.560 791.939
201409 715.061 100.428 924.619
201412 193.874 99.070 254.128
201503 351.402 99.621 458.064
201506 397.520 100.684 512.711
201509 367.944 100.392 475.947
201512 181.394 99.792 236.047
201603 434.077 100.470 561.051
201606 393.695 101.688 502.763
201609 847.112 101.861 1,079.957
201612 -111.178 101.863 -141.735
201703 382.387 102.862 482.749
201706 345.160 103.349 433.698
201709 367.993 104.136 458.896
201712 310.448 104.011 387.599
201803 468.530 105.290 577.865
201806 228.537 106.317 279.144
201809 338.401 106.507 412.599
201812 315.630 105.998 386.683
201903 308.862 107.251 373.972
201906 199.227 108.070 239.397
201909 305.938 108.329 366.742
201912 347.367 108.420 416.057
202003 488.532 108.902 582.550
202006 501.111 108.767 598.287
202009 517.868 109.815 612.395
202012 535.725 109.897 633.039
202103 1,204.304 111.754 1,399.411
202106 785.682 114.631 890.055
202109 548.763 115.734 615.739
202112 533.425 117.630 588.885
202203 473.531 121.301 506.941
202206 725.222 125.017 753.314
202209 589.199 125.227 610.998
202212 380.348 125.222 394.435
202303 434.950 127.348 443.529
202306 623.730 128.729 629.209
202309 754.149 129.860 754.149

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


Vndirect Securities  (STC:VND) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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.

Vndirect Securities's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=17850.00/2139.14
=8.34

* 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 PS Ratio of Vndirect Securities was 17.00. The lowest was 4.42. And the median was 8.72.


Be Aware

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


Vndirect Securities Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Vndirect Securities's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Vndirect Securities (STC:VND) Business Description

Traded in Other Exchanges
N/A
Address
1 Nguyen Thuong Hien Street, Hai Ba Trung District, Hanoi, VNM
Vndirect Securities Corp is engaged in the brokerage business. The company provides corporate finance consulting, self-trading, underwriting, and portfolio management.

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