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Ho Chi Minh City Securities (STC:HCM) E10 : ₫1,183.42 (As of Dec. 2024)


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What is Ho Chi Minh City Securities E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ho Chi Minh City Securities's adjusted earnings per share data for the three months ended in Dec. 2024 was ₫315.359. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫1,183.42 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Ho Chi Minh City Securities's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 0.90% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Ho Chi Minh City Securities was 0.90% per year. The lowest was 0.90% per year. And the median was 0.90% per year.

As of today (2025-03-20), Ho Chi Minh City Securities's current stock price is ₫31950.00. Ho Chi Minh City Securities's E10 for the quarter that ended in Dec. 2024 was ₫1,183.42. Ho Chi Minh City Securities's Shiller PE Ratio of today is 27.00.

During the past 13 years, the highest Shiller PE Ratio of Ho Chi Minh City Securities was 27.41. The lowest was 10.32. And the median was 18.94.


Ho Chi Minh City Securities E10 Historical Data

The historical data trend for Ho Chi Minh City Securities's E10 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.

Ho Chi Minh City Securities E10 Chart

Ho Chi Minh City Securities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,152.12 1,007.74 1,076.32 1,183.42

Ho Chi Minh City Securities Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 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 1,076.32 1,121.56 1,151.49 1,163.54 1,183.42

Competitive Comparison of Ho Chi Minh City Securities's E10

For the Capital Markets subindustry, Ho Chi Minh City Securities's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Ho Chi Minh City Securities's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ho Chi Minh City Securities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ho Chi Minh City Securities's Shiller PE Ratio falls into.



Ho Chi Minh City Securities E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Ho Chi Minh City Securities's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=315.359/133.1571*133.1571
=315.359

Current CPI (Dec. 2024) = 133.1571.

Ho Chi Minh City Securities Quarterly Data

per share eps CPI Adj_EPS
201503 79.093 99.621 105.719
201506 88.469 100.684 117.003
201509 77.023 100.392 102.162
201512 117.837 99.792 157.235
201603 109.917 100.470 145.677
201606 139.863 101.688 183.146
201609 139.040 101.861 181.759
201612 128.785 101.863 168.351
201703 158.188 102.862 204.777
201706 228.031 103.349 293.800
201709 227.162 104.136 290.470
201712 310.588 104.011 397.621
201803 541.520 105.290 684.847
201806 245.616 106.317 307.623
201809 219.372 106.507 274.264
201812 120.312 105.998 151.139
201903 136.745 107.251 169.776
201906 183.287 108.070 225.836
201909 186.657 108.329 229.436
201912 210.975 108.420 259.111
202003 167.419 108.902 204.708
202006 249.102 108.767 304.960
202009 235.746 109.815 285.856
202012 227.874 109.897 276.105
202103 534.079 111.754 636.363
202106 469.981 114.631 545.935
202109 528.513 115.734 608.076
202112 324.988 117.630 367.888
202203 410.913 121.301 451.076
202206 405.934 125.017 432.366
202209 239.925 125.227 255.119
202212 182.142 125.222 193.684
202303 179.854 127.348 188.059
202306 228.475 128.729 236.335
202309 311.160 129.860 319.061
202312 260.553 129.419 268.078
202403 526.548 131.776 532.066
202406 445.127 132.554 447.153
202409 315.913 133.029 316.217
202412 315.359 133.157 315.359

Add all the adjusted EPS together and divide 10 will get our e10.


Ho Chi Minh City Securities  (STC:HCM) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ho Chi Minh City Securities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31950.00/1183.42
=27.00

* 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 Shiller P/E Ratio of Ho Chi Minh City Securities was 27.41. The lowest was 10.32. And the median was 18.94.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Ho Chi Minh City Securities E10 Related Terms

Thank you for viewing the detailed overview of Ho Chi Minh City Securities's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Ho Chi Minh City Securities Business Description

Traded in Other Exchanges
N/A
Address
6 Le Lai, Ben Thanh Ward, Level 5&6, AB Tower, 7, District 1, Ho Chi Minh, VNM
Ho Chi Minh City Securities Corporation is a Vietnam-based securities brokerage and equities firm. It offers a full suite of services and financial products to private and institutional clients. The company provides brokerage and other supporting services including securities trading, underwriting for share issues, custodian services, finance and investment advisory services, investor capital support, portfolio management, pledge of securities, organizing investment and trading seminar, and margin trading services.