Hoang Anh Gia Lai JSC (STC:HAG) Cyclically Adjusted Book per Share: ₫12,744.57 (As of Mar. 2026)


STC:HAG Hoang Anh Gia Lai JSC STC:HAG
73 GF Score
Price ₫14,900.00
GF Value ₫14,543.49
Valuation Fairly Valued
! 2 Warning Signs
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What is Hoang Anh Gia Lai JSC Cyclically Adjusted Book per Share?

Hoang Anh Gia Lai JSC STC:HAG 73 Cyclically Adjusted Book per Share is ₫12,744.57 as of Mar. 2026. GuruFocus rates STC:HAG with a GF Score™ of 73/100 and a GF Value™ of ₫14,543.49 (Fairly Valued). The stock has 2 warning signs investors should review.

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.

Hoang Anh Gia Lai JSC's adjusted book value per share for the three months ended in Mar. 2026 was ₫11,629.340. 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 ₫12,744.57 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hoang Anh Gia Lai JSC's average Cyclically Adjusted Book Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.70% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Hoang Anh Gia Lai JSC was -4.60% per year. The lowest was -6.70% per year. And the median was -5.65% per year.

As of today (2026-07-06), Hoang Anh Gia Lai JSC's current stock price is ₫14900.00. Hoang Anh Gia Lai JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫12,744.57. Hoang Anh Gia Lai JSC's Cyclically Adjusted PB Ratio of today is 1.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hoang Anh Gia Lai JSC was 1.40. The lowest was 0.30. And the median was 0.76.


Hoang Anh Gia Lai JSC  (STC:HAG) 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.

Hoang Anh Gia Lai JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14900.00/12744.57
=1.17

* 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 Hoang Anh Gia Lai JSC was 1.40. The lowest was 0.30. And the median was 0.76.


Be Aware

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


Hoang Anh Gia Lai JSC Cyclically Adjusted Book per Share Related Terms


Hoang Anh Gia Lai JSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hoang Anh Gia Lai JSC'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.

Hoang Anh Gia Lai JSC Cyclically Adjusted Book per Share Chart

Hoang Anh Gia Lai JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,130.30 15,834.56 14,829.09 13,998.94 12,860.54

Hoang Anh Gia Lai JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13,809.47 13,553.16 13,250.32 12,860.54 12,744.57

Hoang Anh Gia Lai JSC Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Diversified subindustry, Hoang Anh Gia Lai 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.


Hoang Anh Gia Lai JSC Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hoang Anh Gia Lai JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hoang Anh Gia Lai JSC's Cyclically Adjusted PB Ratio falls into.


STC:HAG
73GF Score
Hoang Anh Gia Lai JSC STC:HAG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoang Anh Gia Lai JSC 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, Hoang Anh Gia Lai JSC's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11629.34/330.2130*330.2130
=11,629.340

Current CPI (Mar. 2026) = 330.2130.

Hoang Anh Gia Lai JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 17,960.690 241.018 24,607.512
201609 17,210.335 241.428 23,539.425
201612 16,833.274 241.432 23,023.319
201703 17,373.533 243.801 23,531.349
201706 16,121.606 244.955 21,732.824
201709 15,525.950 246.819 20,771.782
201712 15,068.346 246.524 20,183.689
201803 14,590.634 249.554 19,306.511
201806 14,530.547 251.989 19,041.210
201809 14,344.618 252.439 18,764.055
201812 14,305.923 251.233 18,803.269
201903 14,275.581 254.202 18,544.238
201906 13,175.390 256.143 16,985.376
201909 13,683.970 256.759 17,598.701
201912 8,226.076 256.974 10,570.553
202003 13,262.531 258.115 16,967.089
202006 12,873.749 257.797 16,490.026
202009 12,817.632 260.280 16,261.521
202012 5,476.028 260.474 6,942.173
202103 4,988.043 264.877 6,218.421
202106 5,278.343 271.696 6,415.175
202109 5,282.248 274.310 6,358.744
202112 4,837.922 278.802 5,730.033
202203 4,967.275 287.504 5,705.169
202206 4,775.973 296.311 5,322.409
202209 5,101.600 296.808 5,675.772
202212 5,385.309 296.797 5,991.634
202303 5,530.449 301.836 6,050.392
202306 5,585.091 305.109 6,044.626
202309 5,746.168 307.789 6,164.806
202312 6,856.773 306.746 7,381.337
202403 7,042.743 312.332 7,445.940
202406 7,490.950 314.175 7,873.348
202409 7,928.120 315.301 8,303.076
202412 8,269.581 315.605 8,652.344
202503 8,646.534 319.799 8,928.102
202506 9,229.428 322.561 9,448.374
202509 9,990.236 324.800 10,156.730
202512 10,424.107 324.054 10,622.229
202603 11,629.340 330.213 11,629.340

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

What does a Cyclically Adjusted Book per Share of ₫12,744.57 mean?
Hoang Anh Gia Lai JSC (STC:HAG) has a Cyclically Adjusted Book per Share of ₫12,744.57 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hoang Anh Gia Lai JSC and its competitors.
Is Hoang Anh Gia Lai JSC's Cyclically Adjusted Book per Share too high?
Hoang Anh Gia Lai JSC's current Cyclically Adjusted Book per Share is ₫12,744.57. Overall, Hoang Anh Gia Lai JSC has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hoang Anh Gia Lai JSC's Cyclically Adjusted Book per Share compare to competitors?
Hoang Anh Gia Lai JSC's Cyclically Adjusted Book per Share of ₫12,744.57 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Real Estate company?
A good Cyclically Adjusted Book per Share depends on the Real Estate industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Hoang Anh Gia Lai JSC and its competitors. Hoang Anh Gia Lai JSC's current Cyclically Adjusted Book per Share is ₫12,744.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoang Anh Gia Lai JSC stock overvalued right now?
Based on GuruFocus' analysis, Hoang Anh Gia Lai JSC (STC:HAG) is currently considered Fairly Valued. The stock's GF Value™ is ₫14,543.49, compared to a current price of ₫14,900.00 — trading 2.5% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₫12,744.57. Hoang Anh Gia Lai JSC's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Hoang Anh Gia Lai JSC (STC:HAG), the current Cyclically Adjusted Book per Share is ₫12,744.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hoang Anh Gia Lai JSC (STC:HAG) Overvalued in 2026?

Based on GuruFocus' analysis, Hoang Anh Gia Lai JSC stock appears to be overvalued. The current stock price of ₫14,900.00 is trading 2.5% above its estimated GF Value™ of ₫14,543.49. GuruFocus considers Hoang Anh Gia Lai JSC to be Fairly Valued.

Key valuation signals for STC:HAG:

  • Cyclically Adjusted Book per Share: ₫12,744.57
  • GF Value™: ₫14,543.49 vs. price of ₫14,900.00 (2.5% above fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the STC:HAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoang Anh Gia Lai JSC Business Description

Address 15 Truong Chinh Street, Phu Dong Ward, Gia Lai Province, Pleiku, VNM
Hoang Anh Gia Lai JSC is a Vietnam-based company engaged in the development, sale, and lease of residential and commercial properties. It develops, rents, and trades in real estate, including the construction of headquarters, office buildings, amongst others. The group is organised into seven business segments namely, Real Estate, Production, Trading and Services, Construction, Power, Mining, and Agriculture. It also has presence in sport and entertainment industries. Other activities include forestation, rubber cultivation and latex processing, electricity generation and distribution, as well as the provision of hotel and resort services.
73GF Score

Get the complete analysis for STC:HAG

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫14,900.00
Price
₫14,543.49
GF Value