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Thac Mo Hydro Power JSC (STC:TMP) Cyclically Adjusted PB Ratio : 3.26 (As of Jun. 04, 2024)


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What is Thac Mo Hydro Power JSC Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Thac Mo Hydro Power JSC's current share price is ₫69500.00. Thac Mo Hydro Power JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₫21,303.00. Thac Mo Hydro Power JSC's Cyclically Adjusted PB Ratio for today is 3.26.

The historical rank and industry rank for Thac Mo Hydro Power JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

STC:TMP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.51   Med: 2.88   Max: 3.57
Current: 3.26

During the past years, Thac Mo Hydro Power JSC's highest Cyclically Adjusted PB Ratio was 3.57. The lowest was 2.51. And the median was 2.88.

STC:TMP's Cyclically Adjusted PB Ratio is ranked worse than
82.72% of 272 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs STC:TMP: 3.26

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.

Thac Mo Hydro Power JSC's adjusted book value per share data for the three months ended in Mar. 2024 was ₫18,770.350. 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 ₫21,303.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thac Mo Hydro Power JSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Thac Mo Hydro Power JSC'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.

Thac Mo Hydro Power JSC Cyclically Adjusted PB Ratio Chart

Thac Mo Hydro Power JSC 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 - - 2.86 2.53 3.26

Thac Mo Hydro Power 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 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 2.65 2.66 2.74 3.26 3.37

Competitive Comparison of Thac Mo Hydro Power JSC's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, Thac Mo Hydro Power 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.


Thac Mo Hydro Power JSC's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Thac Mo Hydro Power JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Thac Mo Hydro Power JSC's Cyclically Adjusted PB Ratio falls into.



Thac Mo Hydro Power JSC 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.

Thac Mo Hydro Power JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69500.00/21303
=3.26

* 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.

Thac Mo Hydro Power JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Thac Mo Hydro Power 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)
=18770.35/131.7762*131.7762
=18,770.350

Current CPI (Mar. 2024) = 131.7762.

Thac Mo Hydro Power JSC Quarterly Data

Book Value per Share CPI Adj_Book
201406 12,568.020 100.560 16,469.512
201409 13,332.445 100.428 17,494.149
201412 14,724.582 99.070 19,585.700
201503 15,595.578 99.621 20,629.425
201506 13,973.820 100.684 18,289.090
201509 14,726.855 100.392 19,330.810
201512 15,084.167 99.792 19,918.693
201603 15,060.478 100.470 19,753.207
201606 12,870.093 101.688 16,678.175
201609 13,605.047 101.861 17,600.666
201612 13,352.239 101.863 17,273.323
201703 14,007.786 102.862 17,945.298
201706 13,408.261 103.349 17,096.324
201709 14,541.854 104.136 18,401.683
201712 14,412.074 104.011 18,259.285
201803 15,350.964 105.290 19,212.663
201806 15,731.093 106.317 19,498.176
201809 17,263.350 106.507 21,359.207
201812 18,519.782 105.998 23,023.725
201903 19,191.128 107.251 23,579.694
201906 18,815.031 108.070 22,942.396
201909 20,201.457 108.329 24,573.857
201912 20,760.341 108.420 25,232.580
202003 21,234.750 108.902 25,695.098
202006 20,569.617 108.767 24,920.964
202009 20,884.014 109.815 25,060.497
202012 21,691.813 109.897 26,010.445
202103 21,159.289 111.754 24,950.165
202106 16,559.930 114.631 19,036.709
202109 17,748.695 115.734 20,208.837
202112 19,390.710 117.630 21,722.732
202203 21,110.031 121.301 22,933.032
202206 19,805.336 125.017 20,876.170
202209 22,301.632 125.227 23,468.070
202212 23,502.469 125.222 24,732.643
202303 24,964.854 127.348 25,832.983
202306 24,322.448 128.729 24,898.253
202309 25,964.397 129.860 26,347.626
202312 22,106.251 129.419 22,508.818
202403 18,770.350 131.776 18,770.350

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.


Thac Mo Hydro Power JSC  (STC:TMP) 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.


Thac Mo Hydro Power JSC Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Thac Mo Hydro Power JSC's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Thac Mo Hydro Power JSC (STC:TMP) Business Description

Traded in Other Exchanges
N/A
Address
Area 5, Phuoc Long Town, Binh Phuoc Province, Ho Chi Minh City, VNM
Thac Mo Hydro Power JSC is a Vietnam based company engaged in the business activity of generating and trading electricity. It also trades hydroelectrical equipment and maintains and operates a power plant. The other activities in which the organization is involved are investing in power source projects and Consulting on the establishment, management and supervision of construction projects.

Thac Mo Hydro Power JSC (STC:TMP) Headlines

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