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Hoang Huy Investment Services JSC (STC:HHS) Cyclically Adjusted Book per Share : ₫11,746.20 (As of Mar. 2024)


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What is Hoang Huy Investment Services 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.

Hoang Huy Investment Services JSC's adjusted book value per share for the three months ended in Mar. 2024 was ₫13,210.773. 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 ₫11,746.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hoang Huy Investment Services JSC's average Cyclically Adjusted Book Growth Rate was 6.90% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-04), Hoang Huy Investment Services JSC's current stock price is ₫10300.00. Hoang Huy Investment Services JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫11,746.20. Hoang Huy Investment Services JSC's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hoang Huy Investment Services JSC was 1.22. The lowest was 0.27. And the median was 0.60.


Hoang Huy Investment Services JSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hoang Huy Investment Services 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.

Hoang Huy Investment Services JSC Cyclically Adjusted Book per Share Chart

Hoang Huy Investment Services 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 - - 9,436.57 10,775.10 11,376.00

Hoang Huy Investment Services 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 10,984.90 11,131.10 11,255.80 11,376.00 11,746.20

Competitive Comparison of Hoang Huy Investment Services JSC's Cyclically Adjusted Book per Share

For the Farm & Heavy Construction Machinery subindustry, Hoang Huy Investment Services 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.


Hoang Huy Investment Services JSC's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hoang Huy Investment Services JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hoang Huy Investment Services JSC's Cyclically Adjusted PB Ratio falls into.



Hoang Huy Investment Services 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, Hoang Huy Investment Services 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)
=13210.773/131.7762*131.7762
=13,210.773

Current CPI (Mar. 2024) = 131.7762.

Hoang Huy Investment Services JSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,732.503 100.560 6,201.615
201409 6,111.002 100.428 8,018.543
201412 6,729.584 99.070 8,951.264
201503 6,277.114 99.621 8,303.203
201506 7,696.062 100.684 10,072.691
201509 7,542.936 100.392 9,901.032
201512 8,878.364 99.792 11,723.910
201603 9,514.008 100.470 12,478.499
201606 9,097.400 101.688 11,789.195
201609 9,180.434 101.861 11,876.603
201612 8,948.803 101.863 11,576.752
201703 8,979.773 102.862 11,503.938
201706 9,020.834 103.349 11,502.096
201709 9,080.593 104.136 11,490.845
201712 9,198.935 104.011 11,654.532
201803 9,269.593 105.290 11,601.458
201806 9,806.785 106.317 12,155.190
201809 9,973.083 106.507 12,339.270
201812 10,047.916 105.998 12,491.532
201903 10,149.206 107.251 12,470.094
201906 10,253.156 108.070 12,502.343
201909 10,313.688 108.329 12,545.981
201912 10,581.201 108.420 12,860.627
202003 10,796.369 108.902 13,064.140
202006 10,219.788 108.767 12,381.707
202009 11,428.241 109.815 13,713.714
202012 10,407.439 109.897 12,479.460
202103 10,658.719 111.754 12,568.324
202106 10,728.264 114.631 12,332.833
202109 10,819.444 115.734 12,319.124
202112 11,130.180 117.630 12,468.750
202203 11,337.506 121.301 12,316.580
202206 11,451.864 125.017 12,071.043
202209 11,571.051 125.227 12,176.250
202212 11,776.306 125.222 12,392.705
202303 11,978.042 127.348 12,394.567
202306 12,161.509 128.729 12,449.418
202309 12,303.402 129.860 12,484.998
202312 12,779.269 129.419 13,011.987
202403 13,210.773 131.776 13,210.773

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


Hoang Huy Investment Services JSC  (STC:HHS) 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.

Hoang Huy Investment Services JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10300.00/11746.2
=0.88

* 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 Hoang Huy Investment Services JSC was 1.22. The lowest was 0.27. And the median was 0.60.


Be Aware

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


Hoang Huy Investment Services JSC Cyclically Adjusted Book per Share Related Terms

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


Hoang Huy Investment Services JSC (STC:HHS) Business Description

Traded in Other Exchanges
N/A
Address
116 Nguyen Duc Canh, Cat Dai Ward, Le Chan District, Hai Phong City, VNM
Hoang Huy Investment Services JSC is a Vietnam based company engaged in the business of manufacturing and importing medium and heavy trucks with DONGFENG brand - HO BAC. It is also involved in investing in large-scale real estate projects. The products offered by the company covers tractor truck, 3-foot ben cart, Ben8 ton truck, 4-legged truck, 2-foot barrel truck, trucks 5-foot container, concrete mixing car, and specialized vehicles.