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Kinh Bac City Development Holding (STC:KBC) Cyclically Adjusted Book per Share : ₫18,400.90 (As of Mar. 2024)


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What is Kinh Bac City Development Holding 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.

Kinh Bac City Development Holding's adjusted book value per share for the three months ended in Mar. 2024 was ₫23,567.156. 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 ₫18,400.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kinh Bac City Development Holding's average Cyclically Adjusted Book Growth Rate was 9.50% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-01), Kinh Bac City Development Holding's current stock price is ₫31400.00. Kinh Bac City Development Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫18,400.90. Kinh Bac City Development Holding's Cyclically Adjusted PB Ratio of today is 1.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kinh Bac City Development Holding was 3.14. The lowest was 0.90. And the median was 1.86.


Kinh Bac City Development Holding Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kinh Bac City Development Holding'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.

Kinh Bac City Development Holding Cyclically Adjusted Book per Share Chart

Kinh Bac City Development Holding 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 - - 14,814.90 16,391.10 17,834.60

Kinh Bac City Development Holding 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 16,806.60 17,234.90 17,647.40 17,834.60 18,400.90

Competitive Comparison of Kinh Bac City Development Holding's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Kinh Bac City Development Holding'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.


Kinh Bac City Development Holding's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kinh Bac City Development Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kinh Bac City Development Holding's Cyclically Adjusted PB Ratio falls into.



Kinh Bac City Development Holding 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, Kinh Bac City Development Holding'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)
=23567.156/131.7762*131.7762
=23,567.156

Current CPI (Mar. 2024) = 131.7762.

Kinh Bac City Development Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 9,799.037 100.560 12,840.953
201409 10,036.205 100.428 13,168.993
201412 10,345.016 99.070 13,760.281
201503 10,716.063 99.621 14,174.929
201506 10,866.611 100.684 14,222.340
201509 11,030.622 100.392 14,479.049
201512 11,440.095 99.792 15,106.684
201603 11,591.567 100.470 15,203.410
201606 12,066.237 101.688 15,636.469
201609 12,270.433 101.861 15,874.093
201612 12,297.925 101.863 15,909.394
201703 12,580.678 102.862 16,117.038
201706 13,045.749 103.349 16,634.100
201709 13,251.685 104.136 16,769.065
201712 13,232.984 104.011 16,765.445
201803 13,566.262 105.290 16,979.000
201806 13,662.629 106.317 16,934.382
201809 14,014.105 106.507 17,339.055
201812 14,424.265 105.998 17,932.193
201903 14,566.297 107.251 17,897.271
201906 15,045.578 108.070 18,346.056
201909 14,847.768 108.329 18,061.417
201912 15,140.484 108.420 18,402.081
202003 15,226.451 108.902 18,424.759
202006 15,229.116 108.767 18,450.720
202009 15,116.028 109.815 18,139.002
202012 15,487.294 109.897 18,570.666
202103 16,443.954 111.754 19,390.035
202106 16,498.894 114.631 18,966.545
202109 20,686.327 115.734 23,553.653
202112 22,676.860 117.630 25,404.090
202203 19,158.471 121.301 20,812.941
202206 22,130.434 125.017 23,326.981
202209 21,181.988 125.227 22,289.866
202212 20,932.784 125.222 22,028.455
202303 22,158.332 127.348 22,928.867
202306 23,084.784 128.729 23,631.289
202309 23,541.733 129.860 23,889.204
202312 23,678.799 129.419 24,110.003
202403 23,567.156 131.776 23,567.156

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


Kinh Bac City Development Holding  (STC:KBC) 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.

Kinh Bac City Development Holding's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31400.00/18400.9
=1.71

* 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 Kinh Bac City Development Holding was 3.14. The lowest was 0.90. And the median was 1.86.


Be Aware

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


Kinh Bac City Development Holding Cyclically Adjusted Book per Share Related Terms

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


Kinh Bac City Development Holding (STC:KBC) Business Description

Traded in Other Exchanges
N/A
Address
Lot B7, Que Vo Industrial Park, Phuong Lieu Commune, Que Vo District, Bac Ninh Province, Hanoi, VNM
Kinh Bac City Development Holding Corp is a real estate company. It is engaged in the investment, construction, development, and management of infrastructure projects such as industrial parks, offices, trade centers, hotels, and finance and other projects. The company generates revenue in the form of land lease, leasing and sales of premises, warehousing, clean water supply, electricity, wastewater treatment, non-service, and transferring real estate. The company operates only in Vietnam.

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