Tasco JSC (HSTC:HUT) Cyclically Adjusted PB Ratio: 1.18 (As of Jul. 19, 2026) — Near Median

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.

HSTC:HUT Tasco JSC HSTC:HUT
83 GF Score
Price ₫15,200.00
GF Value ₫23,724.07
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Tasco JSC Cyclically Adjusted PB Ratio?

Tasco JSC HSTC:HUT 83 Cyclically Adjusted PB Ratio is 1.18 as of Jul. 19, 2026, which is 9% below its 10-year median of 1.29. GuruFocus rates HSTC:HUT with a GF Score™ of 83/100 and a GF Value™ of ₫23,724.07 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,362 Construction companies, Tasco JSC ranks better than 50% on this metric.

As of today (2026-07-19), Tasco JSC's current share price is ₫15200.00. Tasco JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫12,882.29. Tasco JSC's Cyclically Adjusted PB Ratio for today is 1.18.

The historical rank and industry rank for Tasco JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

HSTC:HUT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.29   Max: 3.63
Current: 1.18

During the past years, Tasco JSC's highest Cyclically Adjusted PB Ratio was 3.63. The lowest was 0.81. And the median was 1.29.

HSTC:HUT's Cyclically Adjusted PB Ratio is ranked better than
50% of 1362 companies
in the Construction industry
Industry Median: 1.18 vs HSTC:HUT: 1.18

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.

Tasco JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ₫10,162.009. 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 ₫12,882.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tasco JSC  (HSTC:HUT) 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.


Tasco JSC Cyclically Adjusted PB Ratio Related Terms


Tasco JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tasco JSC's Cyclically Adjusted PB Ratio 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.

Tasco JSC Cyclically Adjusted PB Ratio Chart

Tasco JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.07 1.51 1.17 1.25

Tasco 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 PB Ratio 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 1.09 1.00 1.40 1.25 1.34

HSTC:HUT vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Tasco 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.


Tasco JSC Cyclically Adjusted PB Ratio vs Construction Industry

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

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


HSTC:HUT
83GF Score
Tasco JSC HSTC:HUT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tasco JSC 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.

Tasco JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15200.00/12882.29
=1.18

* 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.

Tasco JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tasco 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)
=10162.009/330.2130*330.2130
=10,162.009

Current CPI (Mar. 2026) = 330.2130.

Tasco JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 10,779.580 241.018 14,768.845
201609 10,925.582 241.428 14,943.458
201612 11,413.491 241.432 15,610.537
201703 12,004.652 243.801 16,259.540
201706 11,650.302 244.955 15,705.257
201709 11,225.833 246.819 15,018.763
201712 11,506.877 246.524 15,413.186
201803 11,541.776 249.554 15,272.224
201806 11,665.667 251.989 15,286.996
201809 11,813.405 252.439 15,453.000
201812 11,322.873 251.233 14,882.439
201903 11,286.134 254.202 14,660.892
201906 11,295.788 256.143 14,562.241
201909 11,414.905 256.759 14,680.498
201912 11,536.594 256.974 14,824.587
202003 11,536.801 258.115 14,759.319
202006 11,494.672 257.797 14,723.562
202009 11,181.976 260.280 14,186.391
202012 10,656.164 260.474 13,509.233
202103 10,574.096 264.877 13,182.360
202106 10,403.962 271.696 12,644.733
202109 10,175.699 274.310 12,249.455
202112 10,349.961 278.802 12,258.491
202203 10,936.803 287.504 12,561.476
202206 10,883.081 296.311 12,128.253
202209 10,891.850 296.808 12,117.701
202212 10,734.851 296.797 11,943.474
202303 10,736.939 301.836 11,746.368
202306 10,763.571 305.109 11,649.185
202309 9,072.913 307.789 9,733.921
202312 9,166.583 306.746 9,867.854
202403 9,194.581 312.332 9,720.971
202406 9,232.863 314.175 9,704.182
202409 9,445.550 315.301 9,892.272
202412 9,269.598 315.605 9,698.648
202503 9,291.160 319.799 9,593.719
202506 9,306.466 322.561 9,527.240
202509 9,949.975 324.800 10,115.798
202512 10,080.892 324.054 10,272.490
202603 10,162.009 330.213 10,162.009

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

What does a Cyclically Adjusted PB Ratio of 1.18 mean?
Tasco JSC (HSTC:HUT) has a Cyclically Adjusted PB Ratio of 1.18 as of Jul. 19, 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 Tasco JSC and its competitors. This is near median its historical median of 1.29. Over the past decade, Tasco JSC's Cyclically Adjusted PB Ratio has ranged from 0.81 to 3.63. According to the industry distribution chart, Tasco JSC ranks #681 out of 1362 companies in the Construction industry, placing it in the top 50%.
Is Tasco JSC's Cyclically Adjusted PB Ratio too high?
Tasco JSC's current Cyclically Adjusted PB Ratio of 1.18 is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 3.63. The Construction industry median Cyclically Adjusted PB Ratio is 1.18. Tasco JSC's value of 1.18 is 0% at this industry median. Based on the distribution chart, Tasco JSC ranks #681 out of 1362 companies in the Construction industry, which is above the industry midpoint. Overall, Tasco JSC has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tasco JSC's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Tasco JSC ranks #681 out of 1362 companies for Cyclically Adjusted PB Ratio. This puts Tasco JSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Tasco JSC's value of 1.18 is 0% at this benchmark. Historically, Tasco JSC's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 3.63 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.18, Tasco JSC has consistently been at 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 Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.18, based on 1,362 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. Tasco JSC's current Cyclically Adjusted PB Ratio of 1.18 is 0% at 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 Tasco JSC and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tasco JSC's current Cyclically Adjusted PB Ratio is 1.18, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tasco JSC stock overvalued right now?
Based on GuruFocus' analysis, Tasco JSC (HSTC:HUT) is currently considered Possible Value Trap. The stock's GF Value™ is ₫23,724.07, compared to a current price of ₫15,200.00 — trading 35.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.18, which is near median its 10-year median of 1.29 and 0% at the Construction industry median of 1.18. Tasco JSC's overall GF Score™ is 83/100 with 7 warning signs 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 Tasco JSC (HSTC:HUT), the current Cyclically Adjusted PB Ratio is 1.18 as of Jul. 19, 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 Tasco JSC (HSTC:HUT) Overvalued in 2026?

Based on GuruFocus' analysis, Tasco JSC stock appears to be undervalued. The current stock price of ₫15,200.00 is trading 35.9% below its estimated GF Value™ of ₫23,724.07. GuruFocus considers Tasco JSC to be Possible Value Trap.

Key valuation signals for HSTC:HUT:

  • Cyclically Adjusted PB Ratio: 1.18 (near median its 10-year median of 1.29)
  • GF Value™: ₫23,724.07 vs. price of ₫15,200.00 (35.9% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 0% at the Construction median (#681 of 1362)

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


Tasco JSC Business Description

Address Pham Hung street, 1st and 20th floor, Tasco building, Lot HH2-2, Tu Liem ward, Hanoi, VNM
Tasco JSC is engaged in providing different services including infrastructure, real estate, and automibile services. The Company operates in the following business segments: Automobile business; Clean water, household goods, building materials, Packaging production; Investment, property trading; Road toll collection under BOT; ETC service; Insurance business and other investment activities. The company derives maximum revenue from Automobile business segment.
83GF Score

Get the complete analysis for HSTC:HUT

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

₫15,200.00
Price
₫23,724.07
GF Value