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BKK:VCB11's Cyclically Adjusted PB Ratio is ranked worse than 94.25% of 1288
companies
in the Banks industry
Industry Median: 1.26
vs BKK:VCB11: 3.40
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.
Joint Stock Commercial Bank for Foreign Trade of Vietnam (BKK:VCB11) 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.
Joint Stock Commercial Bank for Foreign Trade of Vietnam Cyclically Adjusted PB Ratio Related Terms
Joint Stock Commercial Bank for Foreign Trade of Vietnam Cyclically Adjusted PB Ratio Historical Data
* 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.
Joint Stock Commercial Bank for Foreign Trade of Vietnam Cyclically Adjusted PB Ratio Chart
Joint Stock Commercial Bank for Foreign Trade of Vietnam Annual Data
Joint Stock Commercial Bank for Foreign Trade of Vietnam Cyclically Adjusted PB Ratio Competitor Comparison
For the Banks - Regional subindustry, Joint Stock Commercial Bank for Foreign Trade of Vietnam'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.
Joint Stock Commercial Bank for Foreign Trade of Vietnam Cyclically Adjusted PB Ratio vs Banks Industry
Joint Stock Commercial Bank for Foreign Trade of Vietnam 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.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 3.63 mean?
Joint Stock Commercial Bank for Foreign Trade of Vietnam (BKK:VCB11) has a Cyclically Adjusted PB Ratio of 3.63 as of Jul. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Joint Stock Commercial Bank for Foreign Trade of Vietnam and its competitors. This is 27% below median its historical median of 4.99. Over the past decade, Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted PB Ratio has ranged from 3.40 to 6.85. According to the industry distribution chart, Joint Stock Commercial Bank for Foreign Trade of Vietnam ranks #1214 out of 1288 companies in the Banks industry, placing it in the top 94.3%.
Is Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted PB Ratio too high?
Joint Stock Commercial Bank for Foreign Trade of Vietnam's current Cyclically Adjusted PB Ratio of 3.63 is 27% below median its 10-year median of 4.99. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 6.85. The Banks industry median Cyclically Adjusted PB Ratio is 1.26. Joint Stock Commercial Bank for Foreign Trade of Vietnam's value of 3.63 is 188.1% above this industry median. Based on the distribution chart, Joint Stock Commercial Bank for Foreign Trade of Vietnam ranks #1214 out of 1288 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Joint Stock Commercial Bank for Foreign Trade of Vietnam has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cyclically Adjusted PB Ratio compare to competitors?
According to the Banks industry distribution chart, Joint Stock Commercial Bank for Foreign Trade of Vietnam ranks #1214 out of 1288 companies for Cyclically Adjusted PB Ratio. This places Joint Stock Commercial Bank for Foreign Trade of Vietnam in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Joint Stock Commercial Bank for Foreign Trade of Vietnam's value of 3.63 is 188.1% above this benchmark. Historically, Joint Stock Commercial Bank for Foreign Trade of Vietnam's own Cyclically Adjusted PB Ratio has ranged from 3.40 to 6.85 over the past decade. While the company's 10-year median is 4.99 vs. the industry median of 1.26, Joint Stock Commercial Bank for Foreign Trade of Vietnam has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.26, based on 1,288 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Joint Stock Commercial Bank for Foreign Trade of Vietnam's current Cyclically Adjusted PB Ratio of 3.63 is 188.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Joint Stock Commercial Bank for Foreign Trade of Vietnam and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joint Stock Commercial Bank for Foreign Trade of Vietnam's current Cyclically Adjusted PB Ratio is 3.63, which is 27% below median its own 10-year median of 4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joint Stock Commercial Bank for Foreign Trade of Vietnam stock overvalued right now?
Based on GuruFocus' analysis, Joint Stock Commercial Bank for Foreign Trade of Vietnam (BKK:VCB11) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.56, compared to a current price of ฿2.90 — trading 18.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.63, which is 27% below median its 10-year median of 4.99 and 188.1% above the Banks industry median of 1.26. Joint Stock Commercial Bank for Foreign Trade of Vietnam's overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Joint Stock Commercial Bank for Foreign Trade of Vietnam (BKK:VCB11), the current Cyclically Adjusted PB Ratio is 3.63 as of Jul. 31, 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 Joint Stock Commercial Bank for Foreign Trade of Vietnam (BKK:VCB11) Overvalued in 2026?
Based on GuruFocus' analysis, Joint Stock Commercial Bank for Foreign Trade of Vietnam stock appears to be undervalued.
The current stock price of ฿2.90 is trading 18.5% below its estimated GF Value™ of ฿3.56.
GuruFocus considers Joint Stock Commercial Bank for Foreign Trade of Vietnam to be Modestly Undervalued.
Key valuation signals for BKK:VCB11:
Cyclically Adjusted PB Ratio: 3.63 (27% below median its 10-year median of 4.99)
GF Value™: ฿3.56 vs. price of ฿2.90 (18.5% below fair value)
Industry Position: 188.1% above the Banks median (#1214 of 1288)
No single metric tells the full story. See the BKK:VCB11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Joint Stock Commercial Bank for Foreign Trade of Vietnam is a a state-owned commercial bank. Its activities include selling gold bars; mobilizing and receiving short, medium and long-term deposits from organizations and individuals; lending to organizations and individuals up to the nature and capability of the bank's capital resources; conducting settlement and cash services; providing other banking services. Its personal banking services include Account Services, Digital Banking Services, Cards, Loans, Savings, Insurance, Investments, and Money Transfer Services. Institutional banking provides SME banking, and corporate banking.
63GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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