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Petrovietnam Transportation (STC:PVT) Cyclically Adjusted Book per Share : ₫14,807.10 (As of Mar. 2024)


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What is Petrovietnam Transportation 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.

Petrovietnam Transportation's adjusted book value per share for the three months ended in Mar. 2024 was ₫19,780.087. 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 ₫14,807.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Petrovietnam Transportation's average Cyclically Adjusted Book Growth Rate was 11.00% 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), Petrovietnam Transportation's current stock price is ₫30200.00. Petrovietnam Transportation's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫14,807.10. Petrovietnam Transportation's Cyclically Adjusted PB Ratio of today is 2.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Petrovietnam Transportation was 2.13. The lowest was 1.12. And the median was 1.58.


Petrovietnam Transportation Cyclically Adjusted Book per Share Historical Data

The historical data trend for Petrovietnam Transportation'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.

Petrovietnam Transportation Cyclically Adjusted Book per Share Chart

Petrovietnam Transportation 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 - - 11,685.20 13,013.40 14,294.60

Petrovietnam Transportation 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 13,343.20 13,728.20 14,113.20 14,294.60 14,807.10

Competitive Comparison of Petrovietnam Transportation's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Petrovietnam Transportation'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.


Petrovietnam Transportation's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Petrovietnam Transportation's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Petrovietnam Transportation 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, Petrovietnam Transportation'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)
=19780.087/131.7762*131.7762
=19,780.087

Current CPI (Mar. 2024) = 131.7762.

Petrovietnam Transportation Quarterly Data

Book Value per Share CPI Adj_Book
201406 9,068.304 100.560 11,883.379
201409 0.000 100.428 0.000
201412 8,793.659 99.070 11,696.765
201503 8,893.091 99.621 11,763.549
201506 9,037.950 100.684 11,828.969
201509 9,101.169 100.392 11,946.404
201512 9,541.210 99.792 12,599.200
201603 9,749.748 100.470 12,787.694
201606 9,982.707 101.688 12,936.452
201609 9,713.552 101.861 12,566.291
201612 10,036.092 101.863 12,983.340
201703 10,241.224 102.862 13,119.976
201706 9,513.467 103.349 12,130.232
201709 9,820.868 104.136 12,427.610
201712 10,357.469 104.011 13,122.329
201803 10,713.860 105.290 13,409.046
201806 0.000 106.317 0.000
201809 10,630.656 106.507 13,152.858
201812 11,298.979 105.998 14,046.849
201903 10,859.919 107.251 13,343.330
201906 11,362.623 108.070 13,855.188
201909 11,754.070 108.329 14,298.119
201912 12,305.974 108.420 14,956.954
202003 12,604.571 108.902 15,252.154
202006 12,889.129 108.767 15,615.727
202009 13,147.658 109.815 15,776.988
202012 13,785.606 109.897 16,530.188
202103 14,106.438 111.754 16,633.732
202106 13,268.716 114.631 15,253.246
202109 14,005.949 115.734 15,947.310
202112 14,591.664 117.630 16,346.529
202203 15,033.575 121.301 16,331.831
202206 15,468.781 125.017 16,305.146
202209 16,047.912 125.227 16,887.263
202212 16,859.641 125.222 17,742.114
202303 17,370.674 127.348 17,974.723
202306 19,040.123 128.729 19,490.875
202309 20,172.378 129.860 20,470.118
202312 19,130.515 129.419 19,478.892
202403 19,780.087 131.776 19,780.087

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


Petrovietnam Transportation  (STC:PVT) 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.

Petrovietnam Transportation's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30200.00/14807.1
=2.04

* 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 Petrovietnam Transportation was 2.13. The lowest was 1.12. And the median was 1.58.


Be Aware

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


Petrovietnam Transportation Cyclically Adjusted Book per Share Related Terms

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


Petrovietnam Transportation (STC:PVT) Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor, PVFCCo Tower, 43 Mac Dinh Chi Street, DakaoWard, District 1, Ho Chi Minh City, VNM
Petrovietnam Transportation Corp provides maritime transportation and services to the oil and gas industry in Viet Nam and abroad Its services also include offshore petroleum technical services and logistics services.

Petrovietnam Transportation (STC:PVT) Headlines

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