Khang Dien House Trading and Investment JSC (STC:KDH) Cyclically Adjusted Book per Share: ₫12,425.70 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:KDH Khang Dien House Trading and Investment JSC STC:KDH
88 GF Score
Price ₫17,450.00
GF Value ₫27,723.22
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is Khang Dien House Trading and Investment JSC Cyclically Adjusted Book per Share?

Khang Dien House Trading and Investment JSC STC:KDH -0.29% 88 Cyclically Adjusted Book per Share is ₫12,425.70 as of Jun. 2026. GuruFocus rates STC:KDH with a GF Score™ of 88/100 and a GF Value™ of ₫27,723.22 (Possible Value Trap). The stock has 9 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.

Khang Dien House Trading and Investment JSC's adjusted book value per share for the three months ended in Jun. 2026 was ₫16,579.871. 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 ₫12,425.70 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Khang Dien House Trading and Investment JSC's average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 Khang Dien House Trading and Investment JSC was 12.90% per year. The lowest was 10.30% per year. And the median was 11.60% per year.

As of today (2026-08-02), Khang Dien House Trading and Investment JSC's current stock price is ₫17450.00. Khang Dien House Trading and Investment JSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₫12,425.70. Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Khang Dien House Trading and Investment JSC was 5.28. The lowest was 1.40. And the median was 2.86.


Khang Dien House Trading and Investment JSC  (STC:KDH) 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.

Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17450.00/12425.70
=1.40

* 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 Khang Dien House Trading and Investment JSC was 5.28. The lowest was 1.40. And the median was 2.86.


Be Aware

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


Khang Dien House Trading and Investment JSC Cyclically Adjusted Book per Share Related Terms


Khang Dien House Trading and Investment JSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Khang Dien House Trading and Investment 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.

Khang Dien House Trading and Investment JSC Cyclically Adjusted Book per Share Chart

Khang Dien House Trading and Investment 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 7,315.32 8,662.84 9,432.96 10,514.66 11,610.67

Khang Dien House Trading and Investment JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11,101.51 11,403.59 11,610.67 12,066.52 12,425.70

Khang Dien House Trading and Investment JSC Cyclically Adjusted Book per Share Competitor Comparison

For the Real Estate - Development subindustry, Khang Dien House Trading and Investment 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.


Khang Dien House Trading and Investment JSC Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio falls into.


STC:KDH
88GF Score
Khang Dien House Trading and Investment JSC STC:KDH
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khang Dien House Trading and Investment 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, Khang Dien House Trading and Investment JSC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=16579.871/333.9520*333.9520
=16,579.871

Current CPI (Jun. 2026) = 333.9520.

Khang Dien House Trading and Investment JSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 5,642.165 241.428 7,804.448
201612 5,590.189 241.432 7,732.425
201703 5,698.476 243.801 7,805.618
201706 5,934.440 244.955 8,090.540
201709 7,093.520 246.819 9,597.702
201712 6,722.214 246.524 9,106.200
201803 7,106.622 249.554 9,510.048
201806 7,130.868 251.989 9,450.284
201809 7,091.996 252.439 9,382.014
201812 7,541.741 251.233 10,024.875
201903 7,653.824 254.202 10,055.034
201906 7,505.853 256.143 9,785.919
201909 7,842.608 256.759 10,200.439
201912 8,282.267 256.974 10,763.266
202003 8,450.065 258.115 10,932.786
202006 8,500.639 257.797 11,011.786
202009 8,605.376 260.280 11,041.119
202012 9,030.868 260.474 11,578.416
202103 9,258.820 264.877 11,673.348
202106 9,474.272 271.696 11,645.192
202109 10,711.084 274.310 13,039.947
202112 11,165.270 278.802 13,373.879
202203 11,138.710 287.504 12,938.236
202206 11,401.806 296.311 12,850.201
202209 11,980.531 296.808 13,479.833
202212 12,113.461 296.797 13,629.904
202303 12,311.972 301.836 13,621.992
202306 12,765.296 305.109 13,972.043
202309 13,892.491 307.789 15,073.395
202312 13,907.381 306.746 15,140.858
202403 13,972.892 312.332 14,940.113
202406 14,208.999 314.175 15,103.441
202409 15,279.212 315.301 16,183.023
202412 15,639.080 315.605 16,548.223
202503 15,748.717 319.799 16,445.691
202506 15,876.392 322.561 16,437.055
202509 16,070.122 324.800 16,522.935
202512 16,505.624 324.054 17,009.777
202603 16,756.365 330.213 16,946.097
202606 16,579.871 333.952 16,579.871

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 ₫12,425.70 mean?
Khang Dien House Trading and Investment JSC (STC:KDH) has a Cyclically Adjusted Book per Share of ₫12,425.70 as of Jun. 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 Khang Dien House Trading and Investment JSC and its competitors.
Is Khang Dien House Trading and Investment JSC's Cyclically Adjusted Book per Share too high?
Khang Dien House Trading and Investment JSC's current Cyclically Adjusted Book per Share is ₫12,425.70. Overall, Khang Dien House Trading and Investment JSC has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khang Dien House Trading and Investment JSC's Cyclically Adjusted Book per Share compare to competitors?
Khang Dien House Trading and Investment JSC's Cyclically Adjusted Book per Share of ₫12,425.70 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 Khang Dien House Trading and Investment JSC and its competitors. Khang Dien House Trading and Investment JSC's current Cyclically Adjusted Book per Share is ₫12,425.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khang Dien House Trading and Investment JSC stock overvalued right now?
Based on GuruFocus' analysis, Khang Dien House Trading and Investment JSC (STC:KDH) is currently considered Possible Value Trap. The stock's GF Value™ is ₫27,723.22, compared to a current price of ₫17,450.00 — trading 37.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₫12,425.70. Khang Dien House Trading and Investment JSC's overall GF Score™ is 88/100 with 9 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 Khang Dien House Trading and Investment JSC (STC:KDH), the current Cyclically Adjusted Book per Share is ₫12,425.70 as of Jun. 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 Khang Dien House Trading and Investment JSC (STC:KDH) Overvalued in 2026?

Based on GuruFocus' analysis, Khang Dien House Trading and Investment JSC stock appears to be undervalued. The current stock price of ₫17,450.00 is trading 37.1% below its estimated GF Value™ of ₫27,723.22. GuruFocus considers Khang Dien House Trading and Investment JSC to be Possible Value Trap.

Key valuation signals for STC:KDH:

  • Cyclically Adjusted Book per Share: ₫12,425.70
  • GF Value™: ₫27,723.22 vs. price of ₫17,450.00 (37.1% below fair value)
  • GF Score™: 88/100 with 9 warning signs

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


Khang Dien House Trading and Investment JSC Business Description

Address 11th Floor Saigon Center, , Ben Nghe Ward, Suite 1 and 2, 67 Le Loi, District 1, Ho Chi Minh, VNM
Khang Dien House Trading and Investment JSC is a real estate company. It is engaged in the business of developing real estate and offering construction services. The company provides housing products under the Khang Dien brand. Geographically, the company operates within Vietnam.
88GF Score

Get the complete analysis for STC:KDH

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

₫17,450.00
Price
₫27,723.22
GF Value