Ocean Group JSC (STC:OGC) Cyclically Adjusted Book per Share: ₫1,949.48 (As of Mar. 2026)

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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.
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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:OGC Ocean Group JSC STC:OGC
63 GF Score
Price ₫2,530.00
GF Value ₫5,570.61
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Ocean Group JSC Cyclically Adjusted Book per Share?

Ocean Group JSC STC:OGC -4.17% 63 Cyclically Adjusted Book per Share is ₫1,949.48 as of Mar. 2026. GuruFocus rates STC:OGC with a GF Score™ of 63/100 and a GF Value™ of ₫5,570.61 (Possible Value Trap). The stock has 4 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.

Ocean Group JSC's adjusted book value per share for the three months ended in Mar. 2026 was ₫2,540.449. 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 ₫1,949.48 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ocean Group JSC's average Cyclically Adjusted Book Growth Rate was -15.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.80% 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 Ocean Group JSC was -20.80% per year. The lowest was -22.40% per year. And the median was -21.60% per year.

As of today (2026-07-18), Ocean Group JSC's current stock price is ₫2530.00. Ocean Group JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫1,949.48. Ocean Group JSC's Cyclically Adjusted PB Ratio of today is 1.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ocean Group JSC was 4.17. The lowest was 1.20. And the median was 1.97.


Ocean Group JSC  (STC:OGC) 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.

Ocean Group JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2530.00/1949.48
=1.30

* 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 Ocean Group JSC was 4.17. The lowest was 1.20. And the median was 1.97.


Be Aware

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


Ocean Group JSC Cyclically Adjusted Book per Share Related Terms


Ocean Group JSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ocean Group 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.

Ocean Group JSC Cyclically Adjusted Book per Share Chart

Ocean Group 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 4,973.55 4,034.85 3,179.56 2,327.13 2,004.05

Ocean Group 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 2,311.36 2,282.18 2,100.04 2,004.05 1,949.48

STC:OGC vs HON, MMM: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Ocean Group 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.


Ocean Group JSC Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ocean Group JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ocean Group JSC's Cyclically Adjusted PB Ratio falls into.


STC:OGC
63GF Score
Ocean Group JSC STC:OGC
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Group 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, Ocean Group 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)
=2540.449/330.2130*330.2130
=2,540.449

Current CPI (Mar. 2026) = 330.2130.

Ocean Group JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,959.633 241.018 4,054.922
201609 3,017.323 241.428 4,126.942
201612 2,383.047 241.432 3,259.357
201703 2,167.768 243.801 2,936.104
201706 1,212.829 244.955 1,634.961
201709 1,278.604 246.819 1,710.612
201712 805.457 246.524 1,078.890
201803 867.819 249.554 1,148.309
201806 759.671 251.989 995.493
201809 889.401 252.439 1,163.417
201812 856.452 251.233 1,125.694
201903 927.371 254.202 1,204.672
201906 836.313 256.143 1,078.153
201909 883.307 256.759 1,136.005
201912 921.736 256.974 1,184.436
202003 1,668.144 258.115 2,134.099
202006 1,723.688 257.797 2,207.877
202009 1,529.733 260.280 1,940.747
202012 1,566.367 260.474 1,985.744
202103 1,536.390 264.877 1,915.364
202106 1,681.851 271.696 2,044.083
202109 1,830.820 274.310 2,203.932
202112 1,350.097 278.802 1,599.054
202203 1,538.080 287.504 1,766.563
202206 1,236.901 296.311 1,378.419
202209 1,488.147 296.808 1,655.634
202212 1,582.361 296.797 1,760.517
202303 1,458.315 301.836 1,595.418
202306 1,514.209 305.109 1,638.796
202309 1,788.175 307.789 1,918.453
202312 1,830.911 306.746 1,970.981
202403 1,828.122 312.332 1,932.782
202406 1,849.447 314.175 1,943.858
202409 1,878.532 315.301 1,967.376
202412 2,258.277 315.605 2,362.803
202503 2,256.741 319.799 2,330.230
202506 2,230.377 322.561 2,283.287
202509 2,485.212 324.800 2,526.630
202512 2,490.743 324.054 2,538.082
202603 2,540.449 330.213 2,540.449

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 ₫1,949.48 mean?
Ocean Group JSC (STC:OGC) has a Cyclically Adjusted Book per Share of ₫1,949.48 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 Ocean Group JSC and its competitors.
Is Ocean Group JSC's Cyclically Adjusted Book per Share too high?
Ocean Group JSC's current Cyclically Adjusted Book per Share is ₫1,949.48. Overall, Ocean Group JSC has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Group JSC's Cyclically Adjusted Book per Share compare to HON and MMM?
Ocean Group JSC's Cyclically Adjusted Book per Share of ₫1,949.48 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Ocean Group JSC and its competitors. Ocean Group JSC's current Cyclically Adjusted Book per Share is ₫1,949.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Ocean Group JSC (STC:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫5,570.61, compared to a current price of ₫2,530.00 — trading 54.6% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₫1,949.48. Ocean Group JSC's overall GF Score™ is 63/100 with 4 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 Ocean Group JSC (STC:OGC), the current Cyclically Adjusted Book per Share is ₫1,949.48 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 Ocean Group JSC (STC:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Group JSC stock appears to be undervalued. The current stock price of ₫2,530.00 is trading 54.6% below its estimated GF Value™ of ₫5,570.61. GuruFocus considers Ocean Group JSC to be Possible Value Trap.

Key valuation signals for STC:OGC:

  • Cyclically Adjusted Book per Share: ₫1,949.48
  • GF Value™: ₫5,570.61 vs. price of ₫2,530.00 (54.6% below fair value)
  • GF Score™: 63/100 with 4 warning signs

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


Ocean Group JSC Business Description

Address No. 643 Pham Van Dong, 23rd Floor, Leadvisors Tower Building, Nghia Do Ward, Hanoi, VNM
Ocean Group JSC is a Vietnam-based company mainly engaged in real estate trading and office leasing. The Group focuses its resources on three strategic business areas: real estate, high-end hospitality services, and food production and trading. It currently owns a diversified asset portfolio, including internationally standardized five-star hotels such as StarCity Nha Trang, Sunrise Nha Trang, and Dusit Le Palais Tu Hoa, as well as high-growth potential real estate projects like 25 Tran Khanh Du, StarCity Westlake at 10 Tran Vu, and Lega Fashion House. The majority of these properties are located in prime locations in Hanoi, Ho Chi Minh City, and key tourism cities.
63GF Score

Get the complete analysis for STC:OGC

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

₫2,530.00
Price
₫5,570.61
GF Value