Hai An Transport and Stevedoring JSC (STC:HAH) Cyclically Adjusted Book per Share: ₫14,247.96 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:HAH Hai An Transport and Stevedoring JSC STC:HAH
100 GF Score
Price ₫46,200.00
GF Value ₫61,063.82
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Hai An Transport and Stevedoring JSC Cyclically Adjusted Book per Share?

Hai An Transport and Stevedoring JSC STC:HAH -0.65% 100 Cyclically Adjusted Book per Share is ₫14,247.96 as of Mar. 2026. GuruFocus rates STC:HAH with a GF Score™ of 100/100 and a GF Value™ of ₫61,063.82 (Modestly Undervalued). The stock has 3 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.

Hai An Transport and Stevedoring JSC's adjusted book value per share for the three months ended in Mar. 2026 was ₫27,458.747. 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 ₫14,247.96 for the trailing ten years ended in Mar. 2026.

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 (2026-08-08), Hai An Transport and Stevedoring JSC's current stock price is ₫46200.00. Hai An Transport and Stevedoring JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫14,247.96. Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio of today is 3.24.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Hai An Transport and Stevedoring JSC was 4.70. The lowest was 3.17. And the median was 4.30.


Hai An Transport and Stevedoring JSC  (STC:HAH) 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.

Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=46200.00/14247.96
=3.24

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Hai An Transport and Stevedoring JSC was 4.70. The lowest was 3.17. And the median was 4.30.


Be Aware

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


Hai An Transport and Stevedoring JSC Cyclically Adjusted Book per Share Related Terms


Hai An Transport and Stevedoring JSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Hai An Transport and Stevedoring 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.

Hai An Transport and Stevedoring JSC Cyclically Adjusted Book per Share Chart

Hai An Transport and Stevedoring JSC Annual Data
Trend Dec15 Dec16 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 0.00 0.00 0.00 0.00 13,600.90

Hai An Transport and Stevedoring 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 0.00 12,781.49 13,234.23 13,600.90 14,247.96

Hai An Transport and Stevedoring JSC Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, Hai An Transport and Stevedoring 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.


Hai An Transport and Stevedoring JSC Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio falls into.


STC:HAH
100GF Score
Hai An Transport and Stevedoring JSC STC:HAH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hai An Transport and Stevedoring 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, Hai An Transport and Stevedoring 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)
=27458.747/330.2130*330.2130
=27,458.747

Current CPI (Mar. 2026) = 330.2130.

Hai An Transport and Stevedoring JSC Quarterly Data

Book Value per Share CPI Adj_Book
201503 4,239.095 236.119 5,928.385
201506 4,196.913 238.638 5,807.437
201509 0.000 237.945 0.000
201512 4,642.401 236.525 6,481.265
201603 4,964.149 238.132 6,883.689
201606 0.000 241.018 0.000
201609 5,203.199 241.428 7,116.672
201612 5,145.831 241.432 7,038.091
201703 5,275.009 243.801 7,144.665
201706 6,581.456 244.955 8,872.170
201812 7,392.732 251.233 9,716.782
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 6,580.189 256.974 8,455.579
202003 6,776.661 258.115 8,669.553
202006 6,581.060 257.797 8,429.701
202009 6,849.687 260.280 8,690.086
202012 7,182.948 260.474 9,106.102
202103 7,631.897 264.877 9,514.422
202106 7,786.086 271.696 9,463.028
202109 11,060.231 274.310 13,314.251
202112 10,306.608 278.802 12,207.143
202203 15,303.117 287.504 17,576.410
202206 8,158.182 296.311 9,091.589
202209 19,710.678 296.808 21,929.066
202212 14,811.579 296.797 16,479.196
202303 15,193.706 301.836 16,622.137
202306 15,591.751 305.109 16,874.621
202309 16,483.713 307.789 17,684.636
202312 16,868.223 306.746 18,158.693
202403 17,258.466 312.332 18,246.513
202406 20,402.742 314.175 21,444.261
202409 21,846.578 315.301 22,879.801
202412 20,773.440 315.605 21,734.953
202503 22,025.213 319.799 22,742.447
202506 23,841.641 322.561 24,407.228
202509 24,882.619 324.800 25,297.304
202512 26,704.326 324.054 27,211.871
202603 27,458.747 330.213 27,458.747

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 ₫14,247.96 mean?
Hai An Transport and Stevedoring JSC (STC:HAH) has a Cyclically Adjusted Book per Share of ₫14,247.96 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 Hai An Transport and Stevedoring JSC and its competitors.
Is Hai An Transport and Stevedoring JSC's Cyclically Adjusted Book per Share too high?
Hai An Transport and Stevedoring JSC's current Cyclically Adjusted Book per Share is ₫14,247.96. Overall, Hai An Transport and Stevedoring JSC has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hai An Transport and Stevedoring JSC's Cyclically Adjusted Book per Share compare to competitors?
Hai An Transport and Stevedoring JSC's Cyclically Adjusted Book per Share of ₫14,247.96 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Hai An Transport and Stevedoring JSC and its competitors. Hai An Transport and Stevedoring JSC's current Cyclically Adjusted Book per Share is ₫14,247.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hai An Transport and Stevedoring JSC stock overvalued right now?
Based on GuruFocus' analysis, Hai An Transport and Stevedoring JSC (STC:HAH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫61,063.82, compared to a current price of ₫46,200.00 — trading 24.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₫14,247.96. Hai An Transport and Stevedoring JSC's overall GF Score™ is 100/100 with 3 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 Hai An Transport and Stevedoring JSC (STC:HAH), the current Cyclically Adjusted Book per Share is ₫14,247.96 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 Hai An Transport and Stevedoring JSC (STC:HAH) Overvalued in 2026?

Based on GuruFocus' analysis, Hai An Transport and Stevedoring JSC stock appears to be undervalued. The current stock price of ₫46,200.00 is trading 24.3% below its estimated GF Value™ of ₫61,063.82. GuruFocus considers Hai An Transport and Stevedoring JSC to be Modestly Undervalued.

Key valuation signals for STC:HAH:

  • Cyclically Adjusted Book per Share: ₫14,247.96
  • GF Value™: ₫61,063.82 vs. price of ₫46,200.00 (24.3% below fair value)
  • GF Score™: 100/100 with 3 warning signs

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


Hai An Transport and Stevedoring JSC Business Description

Address No. 45 Trieu Viet Vuong, 7th Floor, Nguyen Du Ward, Hai Ba Trung District, Hanoi, VNM
Hai An Transport and Stevedoring JSC is engaged in the transportation and storage of goods through vessels. It is involved in Domestic, coastal and marine freight transport services, Seaport cargo stevedoring; Road transportation, direct support services for marine transportation, and other transport-related support services. The company is also engaged in warehousing leasing, and maritime transportation.
100GF Score

Get the complete analysis for STC:HAH

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

₫46,200.00
Price
₫61,063.82
GF Value