Tan Tao Investment Industry (STC:ITA) Cyclically Adjusted PB Ratio : 0.42 (As of Jun. 06, 2024)

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What is Tan Tao Investment Industry Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Tan Tao Investment Industry's current share price is ₫5620.00. Tan Tao Investment Industry's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫13,455.30. Tan Tao Investment Industry's Cyclically Adjusted PB Ratio for today is 0.42.

The historical rank and industry rank for Tan Tao Investment Industry's Cyclically Adjusted PB Ratio or its related term are showing as below:

STC:ITA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.41 Max: 0.54
Current: 0.42

During the past years, Tan Tao Investment Industry's highest Cyclically Adjusted PB Ratio was 0.54. The lowest was 0.22. And the median was 0.41.

STC:ITA's Cyclically Adjusted PB Ratio is ranked better than
66.79% of 1382 companies
in the Real Estate industry
Industry Median: 0.705 vs STC:ITA: 0.42

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.

Tan Tao Investment Industry's adjusted book value per share data for the three months ended in Mar. 2024 was ₫10,961.350. 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 ₫13,455.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Tan Tao Investment Industry Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tan Tao Investment Industry's Cyclically Adjusted PB Ratio 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.

Tan Tao Investment Industry Cyclically Adjusted PB Ratio Chart

Tan Tao Investment Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cyclically Adjusted PB Ratio

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0.31

Tan Tao Investment Industry Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															0.31	0.29	0.42	0.45	0.45

Competitive Comparison of Tan Tao Investment Industry's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Tan Tao Investment Industry'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.

Tan Tao Investment Industry's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tan Tao Investment Industry's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Tan Tao Investment Industry's Cyclically Adjusted PB Ratio falls into.

Tan Tao Investment Industry Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Tan Tao Investment Industry's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	5620.00	/	13455.3
	=	0.42

Tan Tao Investment Industry's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tan Tao Investment Industry'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)
	=	10961.35	/	131.7762	*	131.7762
	=	10,961.350

Current CPI (Mar. 2024) = 131.7762.

Tan Tao Investment Industry Quarterly Data

	Book Value per Share	CPI	Adj_Book
201403	10,880.665	99.695	14,382.064
201406	10,943.750	100.560	14,341.020
201409	10,976.456	100.428	14,402.742
201412	11,041.713	99.070	14,686.983
201503	10,952.393	99.621	14,487.541
201506	11,031.214	100.684	14,437.775
201509	11,102.456	100.392	14,573.340
201512	11,004.852	99.792	14,531.944
201603	11,050.161	100.470	14,493.306
201606	10,951.184	101.688	14,191.488
201609	10,952.982	101.861	14,169.725
201612	10,938.466	101.863	14,150.710
201703	10,963.396	102.862	14,045.146
201706	10,965.506	103.349	13,981.667
201709	10,979.338	104.136	13,893.572
201712	10,946.911	104.011	13,869.119
201803	10,940.880	105.290	13,693.175
201806	10,995.544	106.317	13,628.618
201809	11,081.908	106.507	13,711.172
201812	11,033.439	105.998	13,716.731
201903	11,039.321	107.251	13,563.757
201906	11,143.879	108.070	13,588.460
201909	11,242.102	108.329	13,675.341
201912	11,249.683	108.420	13,673.115
202003	11,276.422	108.902	13,645.028
202006	11,313.703	108.767	13,707.031
202009	11,446.193	109.815	13,735.256
202012	11,437.458	109.897	13,714.546
202103	11,498.074	111.754	13,558.057
202106	11,538.682	114.631	13,264.460
202109	11,622.012	115.734	13,232.936
202112	11,002.532	117.630	12,325.750
202203	11,733.552	121.301	12,746.827
202206	11,857.196	125.017	12,498.290
202209	11,886.884	125.227	12,508.602
202212	10,725.047	125.222	11,286.421
202303	10,740.782	127.348	11,114.283
202306	10,765.837	128.729	11,020.705
202309	10,845.353	129.860	11,005.428
202403	10,961.350	131.776	10,961.350

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

Tan Tao Investment Industry (STC:ITA) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.

Tan Tao Investment Industry Cyclically Adjusted PB Ratio Related Terms

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