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Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Cyclically Adjusted Price-to-FCF : 12.67 (As of May. 28, 2024)


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What is Joint Stock Commercial Bank for Investment and Development of Vietnam Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Joint Stock Commercial Bank for Investment and Development of Vietnam's current share price is ₫48900.00. Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₫3,859.09. Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Price-to-FCF for today is 12.67.

The historical rank and industry rank for Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STC:BID' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.86   Med: 11.14   Max: 14.93
Current: 12.75

During the past years, Joint Stock Commercial Bank for Investment and Development of Vietnam's highest Cyclically Adjusted Price-to-FCF was 14.93. The lowest was 5.86. And the median was 11.14.

STC:BID's Cyclically Adjusted Price-to-FCF is ranked worse than
79.88% of 830 companies
in the Banks industry
Industry Median: 7.35 vs STC:BID: 12.75

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Joint Stock Commercial Bank for Investment and Development of Vietnam's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₫729.210. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₫3,859.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Joint Stock Commercial Bank for Investment and Development of Vietnam Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Price-to-FCF 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.

Joint Stock Commercial Bank for Investment and Development of Vietnam Cyclically Adjusted Price-to-FCF Chart

Joint Stock Commercial Bank for Investment and Development of Vietnam Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 11.56 6.79 11.34

Joint Stock Commercial Bank for Investment and Development of Vietnam Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 11.43 11.14 11.34 11.34 13.50

Competitive Comparison of Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Price-to-FCF falls into.



Joint Stock Commercial Bank for Investment and Development of Vietnam Cyclically Adjusted Price-to-FCF Calculation

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

Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=48900.00/3859.09
=12.67

* 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.

Joint Stock Commercial Bank for Investment and Development of Vietnam's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Joint Stock Commercial Bank for Investment and Development of Vietnam's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=729.21/131.7762*131.7762
=729.210

Current CPI (Mar. 2024) = 131.7762.

Joint Stock Commercial Bank for Investment and Development of Vietnam Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -819.414 100.560 -1,073.785
201409 1,370.433 100.428 1,798.212
201412 1,190.414 99.070 1,583.413
201503 -4,591.724 99.621 -6,073.813
201506 5,862.661 100.684 7,673.115
201509 1,962.019 100.392 2,575.391
201512 -2,709.041 99.792 -3,577.298
201603 -4,023.440 100.470 -5,277.113
201606 4,479.585 101.688 5,805.032
201609 -1,262.232 101.861 -1,632.932
201612 2,530.577 101.863 3,273.719
201703 -2,484.607 102.862 -3,183.016
201706 2,776.335 103.349 3,539.991
201709 2,660.251 104.136 3,366.359
201712 4,174.287 104.011 5,288.586
201803 586.743 105.290 734.344
201806 1,988.572 106.317 2,464.770
201809 -4,934.754 106.507 -6,105.561
201812 6,603.747 105.998 8,209.754
201903 -3,467.884 107.251 -4,260.909
201906 4,232.106 108.070 5,160.483
201909 5,354.395 108.329 6,513.299
201912 642.956 108.420 781.463
202003 -8,961.716 108.902 -10,844.120
202006 -3,744.432 108.767 -4,536.538
202009 4,212.325 109.815 5,054.726
202012 -3,606.164 109.897 -4,324.117
202103 9,232.314 111.754 10,886.366
202106 -1,163.339 114.631 -1,337.333
202109 176.903 115.734 201.423
202112 3,660.985 117.630 4,101.273
202203 2,650.095 121.301 2,878.949
202206 7,363.128 125.017 7,761.237
202209 5,733.461 125.227 6,033.337
202212 7,308.719 125.222 7,691.274
202303 -14,840.625 127.348 -15,356.694
202306 -1,107.285 128.729 -1,133.499
202309 -1,828.133 129.860 -1,855.116
202312 4,966.529 129.419 5,056.972
202403 729.210 131.776 729.210

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Joint Stock Commercial Bank for Investment and Development of Vietnam  (STC:BID) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Joint Stock Commercial Bank for Investment and Development of Vietnam Cyclically Adjusted Price-to-FCF Related Terms

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Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Business Description

Traded in Other Exchanges
N/A
Address
BIDV Tower, 35 Hang Voi, Hoan Kiem, Hanoi, VNM
Joint Stock Commercial Bank for Investment and Development of Vietnam is one of the leading commercial banks based in Vietnam. It is a leading provider of products and modern banking services and utilities such as loans, deposits, savings and current account. Its secondary offerings include insurance products of all types such as life and non-life insurance. Its add on services include a variety of brokerage services, investment advice and contribution to established enterprises to invest various projects. The bank's distribution network spans predominantly across Vietnam and a few countries abroad such as Laos, Cambodia, Myanmar, Russia and Czech Republic.

Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) Headlines