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HAGL JSC (STC:HAG) Cyclically Adjusted Book per Share : ₫14,872.50 (As of Mar. 2024)


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What is HAGL JSC Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

HAGL JSC's adjusted book value per share for the three months ended in Mar. 2024 was ₫7,042.743. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₫14,872.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HAGL JSC's average Cyclically Adjusted Book Growth Rate was -6.80% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-06), HAGL JSC's current stock price is ₫14250.00. HAGL JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫14,872.50. HAGL JSC's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HAGL JSC was 0.98. The lowest was 0.30. And the median was 0.56.


HAGL JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for HAGL JSC's Cyclically Adjusted Book 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.

HAGL JSC Cyclically Adjusted Book per Share Chart

HAGL JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 16,206.60 15,945.90 14,976.80

HAGL 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 Book 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 15,949.50 15,651.70 15,395.80 14,976.80 14,872.50

Competitive Comparison of HAGL JSC's Cyclically Adjusted Book per Share

For the Real Estate - Diversified subindustry, HAGL JSC's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


HAGL JSC's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HAGL JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where HAGL JSC's Cyclically Adjusted PB Ratio falls into.



HAGL JSC Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

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

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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, HAGL JSC's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7042.743/131.7762*131.7762
=7,042.743

Current CPI (Mar. 2024) = 131.7762.

HAGL JSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 14,607.153 100.560 19,141.654
201409 14,822.856 100.428 19,449.790
201412 18,024.744 99.070 23,975.366
201503 18,734.337 99.621 24,781.294
201506 17,942.781 100.684 23,483.710
201509 18,949.870 100.392 24,874.037
201512 18,099.716 99.792 23,900.736
201603 18,782.628 100.470 24,635.150
201606 17,960.690 101.688 23,275.009
201609 17,210.335 101.861 22,264.778
201612 16,833.274 101.863 21,776.616
201703 17,373.533 102.862 22,257.138
201706 16,121.606 103.349 20,555.999
201709 15,525.950 104.136 19,646.986
201712 15,068.346 104.011 19,090.745
201803 14,590.634 105.290 18,261.064
201806 14,530.547 106.317 18,010.138
201809 14,344.618 106.507 17,747.984
201812 14,305.923 105.998 17,785.071
201903 14,275.581 107.251 17,540.075
201906 13,175.390 108.070 16,065.614
201909 13,683.970 108.329 16,645.727
201912 8,226.076 108.420 9,998.156
202003 13,262.531 108.902 16,048.318
202006 12,873.749 108.767 15,597.093
202009 12,817.632 109.815 15,380.962
202012 5,476.028 109.897 6,566.253
202103 4,988.043 111.754 5,881.696
202106 5,278.343 114.631 6,067.796
202109 5,282.248 115.734 6,014.419
202112 4,837.922 117.630 5,419.754
202203 4,967.275 121.301 5,396.234
202206 4,775.973 125.017 5,034.200
202209 5,101.600 125.227 5,368.428
202212 5,385.309 125.222 5,667.189
202303 5,530.449 127.348 5,722.765
202306 5,585.091 128.729 5,717.311
202309 5,746.168 129.860 5,830.980
202312 6,856.773 129.419 6,981.639
202403 7,042.743 131.776 7,042.743

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


HAGL JSC  (STC:HAG) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

HAGL JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14250.00/14872.5
=0.96

* 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 PB Ratio of HAGL JSC was 0.98. The lowest was 0.30. And the median was 0.56.


Be Aware

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


HAGL JSC Cyclically Adjusted Book per Share Related Terms

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


HAGL JSC (STC:HAG) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HAGL JSC (STC:HAG) » Definitions » Cyclically Adjusted Book per Share
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Address
15 Truong Chinh Street, Phu Dong Ward, Gia Lai Province, Pleiku, VNM
HAGL JSC is a Vietnam-based company engaged in the development, sale, and lease of residential and commercial properties. It develops, rents, and trades in real estate, including the construction of headquarters, office buildings, amongst others. The group is organised into seven business segments namely, Real Estate, Production, Trading and Services, Construction, Power, Mining, and Agriculture. It also has presence in sport and entertainment industries. Other activities include forestation, rubber cultivation and latex processing, electricity generation and distribution, as well as the provision of hotel and resort services.

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