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Joint Stock Commercial Bank for Investment and Development of Vietnam (STC:BID) E10 : ₫1,870.27 (As of Mar. 2024)


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What is Joint Stock Commercial Bank for Investment and Development of Vietnam 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.

Joint Stock Commercial Bank for Investment and Development of Vietnam's adjusted earnings per share data for the three months ended in Mar. 2024 was ₫1,019.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫1,870.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Joint Stock Commercial Bank for Investment and Development of Vietnam's average E10 Growth Rate was 18.50% 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.

As of today (2024-05-28), Joint Stock Commercial Bank for Investment and Development of Vietnam's current stock price is ₫48900.00. Joint Stock Commercial Bank for Investment and Development of Vietnam's E10 for the quarter that ended in Mar. 2024 was ₫1,870.27. Joint Stock Commercial Bank for Investment and Development of Vietnam's Shiller PE Ratio of today is 26.15.

During the past 13 years, the highest Shiller PE Ratio of Joint Stock Commercial Bank for Investment and Development of Vietnam was 33.76. The lowest was 17.40. And the median was 24.76.


Joint Stock Commercial Bank for Investment and Development of Vietnam E10 Historical Data

The historical data trend for Joint Stock Commercial Bank for Investment and Development of Vietnam'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.

Joint Stock Commercial Bank for Investment and Development of Vietnam E10 Chart

Joint Stock Commercial Bank for Investment and Development of Vietnam Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,260.21 1,500.30 1,784.49

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
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 1,578.34 1,673.61 1,733.02 1,784.49 1,870.27

Competitive Comparison of Joint Stock Commercial Bank for Investment and Development of Vietnam's E10

For the Banks - Regional subindustry, Joint Stock Commercial Bank for Investment and Development of Vietnam'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.


Joint Stock Commercial Bank for Investment and Development of Vietnam's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Joint Stock Commercial Bank for Investment and Development of Vietnam's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Joint Stock Commercial Bank for Investment and Development of Vietnam's Shiller PE Ratio falls into.



Joint Stock Commercial Bank for Investment and Development of Vietnam 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, Joint Stock Commercial Bank for Investment and Development of Vietnam's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1019.68/131.7762*131.7762
=1,019.680

Current CPI (Mar. 2024) = 131.7762.

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

per share eps CPI Adj_EPS
201406 94.757 100.560 124.172
201409 377.372 100.428 495.168
201412 88.106 99.070 117.193
201503 444.658 99.621 588.182
201506 147.797 100.684 193.438
201509 414.758 100.392 544.421
201512 375.059 99.792 495.267
201603 342.444 100.470 449.147
201606 205.398 101.688 266.172
201609 405.740 101.861 524.900
201612 317.536 101.863 410.785
201703 376.373 102.862 482.169
201706 184.094 103.349 234.731
201709 310.625 104.136 393.074
201712 186.040 104.011 235.702
201803 408.260 105.290 510.962
201806 394.716 106.317 489.238
201809 361.795 106.507 447.634
201812 -26.614 105.998 -33.086
201903 406.439 107.251 499.382
201906 353.545 108.070 431.101
201909 374.351 108.329 455.375
201912 187.048 108.420 227.342
202003 247.230 108.902 299.161
202006 347.873 108.767 421.463
202009 369.857 109.815 443.823
202012 -73.634 109.897 -88.294
202103 464.547 111.754 547.775
202106 641.826 114.631 737.820
202109 359.271 115.734 409.069
202112 66.383 117.630 74.367
202203 626.470 121.301 680.570
202206 904.816 125.017 953.738
202209 925.884 125.227 974.310
202212 241.622 125.222 254.269
202303 959.307 127.348 992.666
202306 951.781 128.729 974.313
202309 803.951 129.860 815.817
202312 598.734 129.419 609.637
202403 1,019.680 131.776 1,019.680

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


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

Joint Stock Commercial Bank for Investment and Development of Vietnam's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=48900.00/1870.27
=26.15

* 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 Joint Stock Commercial Bank for Investment and Development of Vietnam was 33.76. The lowest was 17.40. And the median was 24.76.


Be Aware

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


Joint Stock Commercial Bank for Investment and Development of Vietnam E10 Related Terms

Thank you for viewing the detailed overview of Joint Stock Commercial Bank for Investment and Development of Vietnam's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


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