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Nam Long Investment (STC:NLG) Cyclically Adjusted PB Ratio : 2.34 (As of Jun. 06, 2024)


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What is Nam Long Investment Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Nam Long Investment's current share price is ₫43850.00. Nam Long Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫18,722.40. Nam Long Investment's Cyclically Adjusted PB Ratio for today is 2.34.

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

STC:NLG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.26   Max: 4.69
Current: 2.35

During the past years, Nam Long Investment's highest Cyclically Adjusted PB Ratio was 4.69. The lowest was 1.22. And the median was 2.26.

STC:NLG's Cyclically Adjusted PB Ratio is ranked worse than
86.98% of 1382 companies
in the Real Estate industry
Industry Median: 0.705 vs STC:NLG: 2.35

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.

Nam Long Investment's adjusted book value per share data for the three months ended in Mar. 2024 was ₫24,186.395. 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 ₫18,722.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nam Long Investment Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nam Long Investment'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.

Nam Long Investment Cyclically Adjusted PB Ratio Chart

Nam Long Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.49 1.91 2.03

Nam Long Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.60 1.91 1.97 2.03 2.32

Competitive Comparison of Nam Long Investment's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Nam Long Investment'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.


Nam Long Investment's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Nam Long Investment's Cyclically Adjusted PB Ratio falls into.



Nam Long Investment 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.

Nam Long Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43850.00/18722.4
=2.34

* 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.

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

For example, Nam Long Investment'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)
=24186.395/131.7762*131.7762
=24,186.395

Current CPI (Mar. 2024) = 131.7762.

Nam Long Investment Quarterly Data

Book Value per Share CPI Adj_Book
201406 7,768.311 100.560 10,179.829
201409 8,252.837 100.428 10,828.949
201412 8,698.251 99.070 11,569.859
201503 8,839.531 99.621 11,692.702
201506 8,768.710 100.684 11,476.584
201509 8,850.759 100.392 11,617.711
201512 9,415.353 99.792 12,433.005
201603 10,198.653 100.470 13,376.474
201606 9,846.811 101.688 12,760.346
201609 9,898.793 101.861 12,805.935
201612 10,501.576 101.863 13,585.520
201703 10,464.670 102.862 13,406.231
201706 12,715.949 103.349 16,213.585
201709 11,696.419 104.136 14,800.987
201712 12,267.768 104.011 15,542.570
201803 13,455.796 105.290 16,840.745
201806 13,683.765 106.317 16,960.580
201809 15,331.841 106.507 18,969.433
201812 15,250.404 105.998 18,959.246
201903 15,732.989 107.251 19,330.758
201906 14,760.956 108.070 17,998.998
201909 15,854.318 108.329 19,285.824
201912 17,338.366 108.420 21,073.436
202003 17,716.138 108.902 21,437.403
202006 17,354.651 108.767 21,025.896
202009 19,115.863 109.815 22,938.743
202012 19,159.560 109.897 22,974.045
202103 20,917.544 111.754 24,665.109
202106 20,491.625 114.631 23,556.447
202109 22,923.465 115.734 26,100.880
202112 23,318.126 117.630 26,122.478
202203 22,993.070 121.301 24,978.684
202206 22,585.276 125.017 23,806.415
202209 22,606.030 125.227 23,788.389
202212 23,406.607 125.222 24,631.763
202303 23,286.836 127.348 24,096.614
202306 23,485.019 128.729 24,040.999
202309 23,657.607 129.860 24,006.789
202312 24,386.114 129.419 24,830.199
202403 24,186.395 131.776 24,186.395

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.


Nam Long Investment  (STC:NLG) 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.


Nam Long Investment Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Nam Long Investment's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nam Long Investment (STC:NLG) Business Description

Traded in Other Exchanges
N/A
Address
11th Floor, 6 Nguyen Khac Vien Street, Tan Phu Ward, Ho Chi Minh, VNM
Nam Long Investment Corp is a Vietnam-based company real estate company engaged in civil and industrial construction; housing renovation. The company develops land banks and housing projects. It is also involved in the management and exploitation of commercial real estate properties.

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