Lam Thao Fertilizers and Chemicals JSC (HSTC:LAS) Cyclically Adjusted PB Ratio: 0.97 (As of Jul. 12, 2026) — 20% Below Median


HSTC:LAS Lam Thao Fertilizers and Chemicals JSC HSTC:LAS
82 GF Score
Price ₫13,800.00
GF Value ₫18,339.20
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Lam Thao Fertilizers and Chemicals JSC Cyclically Adjusted PB Ratio?

Lam Thao Fertilizers and Chemicals JSC HSTC:LAS -2.13% 82 Cyclically Adjusted PB Ratio is 0.97 as of Jul. 12, 2026, which is 20% below its 10-year median of 1.21. GuruFocus rates HSTC:LAS with a GF Score™ of 82/100 and a GF Value™ of ₫18,339.20 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 201 Agriculture companies, Lam Thao Fertilizers and Chemicals JSC ranks better than 68.66% on this metric.

As of today (2026-07-12), Lam Thao Fertilizers and Chemicals JSC's current share price is ₫13800.00. Lam Thao Fertilizers and Chemicals JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫14,209.68. Lam Thao Fertilizers and Chemicals JSC's Cyclically Adjusted PB Ratio for today is 0.97.

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

HSTC:LAS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.21   Max: 2.04
Current: 0.97

During the past years, Lam Thao Fertilizers and Chemicals JSC's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 0.48. And the median was 1.21.

HSTC:LAS's Cyclically Adjusted PB Ratio is ranked better than
68.66% of 201 companies
in the Agriculture industry
Industry Median: 1.39 vs HSTC:LAS: 0.97

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.

Lam Thao Fertilizers and Chemicals JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ₫13,379.247. 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 ₫14,209.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lam Thao Fertilizers and Chemicals JSC  (HSTC:LAS) 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.


Lam Thao Fertilizers and Chemicals JSC Cyclically Adjusted PB Ratio Related Terms


Lam Thao Fertilizers and Chemicals JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lam Thao Fertilizers and Chemicals 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.

Lam Thao Fertilizers and Chemicals JSC Cyclically Adjusted PB Ratio Chart

Lam Thao Fertilizers and Chemicals 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 1.60 0.55 1.01 1.55 1.12

Lam Thao Fertilizers and Chemicals JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 1.55 1.29 1.51 1.12 1.19

HSTC:LAS vs CTVA, CF, MOS: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, Lam Thao Fertilizers and Chemicals 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.


Lam Thao Fertilizers and Chemicals JSC Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Lam Thao Fertilizers and Chemicals JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lam Thao Fertilizers and Chemicals JSC's Cyclically Adjusted PB Ratio falls into.


HSTC:LAS
82GF Score
Lam Thao Fertilizers and Chemicals JSC HSTC:LAS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lam Thao Fertilizers and Chemicals 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.

Lam Thao Fertilizers and Chemicals JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13800.00/14209.68
=0.97

* 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.

Lam Thao Fertilizers and Chemicals JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Lam Thao Fertilizers and Chemicals 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)
=13379.247/330.2130*330.2130
=13,379.247

Current CPI (Mar. 2026) = 330.2130.

Lam Thao Fertilizers and Chemicals JSC Quarterly Data

Book Value per Share CPI Adj_Book
201603 12,038.408 238.132 16,693.426
201606 11,212.679 241.018 15,362.223
201609 11,450.343 241.428 15,661.200
201612 11,362.175 241.432 15,540.350
201703 0.000 243.801 0.000
201706 11,052.829 244.955 14,899.830
201709 11,960.533 246.819 16,001.700
201712 11,684.714 246.524 15,651.395
201803 11,936.764 249.554 15,794.877
201806 11,606.116 251.989 15,208.959
201809 11,782.083 252.439 15,412.028
201812 11,261.011 251.233 14,801.130
201903 11,295.671 254.202 14,673.281
201906 11,062.898 256.143 14,262.005
201909 11,076.722 256.759 14,245.567
201912 10,974.879 256.974 14,102.780
202003 11,009.805 258.115 14,085.120
202006 10,856.641 257.797 13,906.306
202009 10,930.000 260.280 13,866.713
202012 11,228.258 260.474 14,234.498
202103 11,362.291 264.877 14,164.975
202106 11,600.535 271.696 14,099.020
202109 11,653.213 274.310 14,028.079
202112 11,806.848 278.802 13,984.027
202203 12,078.980 287.504 13,873.324
202206 11,640.950 296.311 12,972.833
202209 11,732.211 296.808 13,052.642
202212 11,964.975 296.797 13,312.096
202303 12,213.367 301.836 13,361.602
202306 11,817.164 305.109 12,789.466
202309 12,070.774 307.789 12,950.192
202312 12,597.551 306.746 13,561.302
202403 13,062.582 312.332 13,810.415
202406 12,518.599 314.175 13,157.648
202409 12,807.606 315.301 13,413.335
202412 12,950.100 315.605 13,549.505
202503 13,585.924 319.799 14,028.339
202506 12,685.716 322.561 12,986.655
202512 13,051.552 324.054 13,299.611
202603 13,379.247 330.213 13,379.247

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 0.97 mean?
Lam Thao Fertilizers and Chemicals JSC (HSTC:LAS) has a Cyclically Adjusted PB Ratio of 0.97 as of Jul. 12, 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 Lam Thao Fertilizers and Chemicals JSC and its competitors. This is 20% below median its historical median of 1.21. Over the past decade, Lam Thao Fertilizers and Chemicals JSC's Cyclically Adjusted PB Ratio has ranged from 0.48 to 2.04. According to the industry distribution chart, Lam Thao Fertilizers and Chemicals JSC ranks #63 out of 201 companies in the Agriculture industry, placing it in the top 31.3%.
Is Lam Thao Fertilizers and Chemicals JSC's Cyclically Adjusted PB Ratio too high?
Lam Thao Fertilizers and Chemicals JSC's current Cyclically Adjusted PB Ratio of 0.97 is 20% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.04. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.39. Lam Thao Fertilizers and Chemicals JSC's value of 0.97 is 30.2% below this industry median. Based on the distribution chart, Lam Thao Fertilizers and Chemicals JSC ranks #63 out of 201 companies in the Agriculture industry, which is above the industry midpoint. Overall, Lam Thao Fertilizers and Chemicals JSC has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lam Thao Fertilizers and Chemicals JSC's Cyclically Adjusted PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Lam Thao Fertilizers and Chemicals JSC ranks #63 out of 201 companies for Cyclically Adjusted PB Ratio. This puts Lam Thao Fertilizers and Chemicals JSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.39. Lam Thao Fertilizers and Chemicals JSC's value of 0.97 is 30.2% below this benchmark. Historically, Lam Thao Fertilizers and Chemicals JSC's own Cyclically Adjusted PB Ratio has ranged from 0.48 to 2.04 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 1.39, Lam Thao Fertilizers and Chemicals JSC has consistently been below 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.39, based on 201 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. Lam Thao Fertilizers and Chemicals JSC's current Cyclically Adjusted PB Ratio of 0.97 is 30.2% below 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 Lam Thao Fertilizers and Chemicals JSC and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lam Thao Fertilizers and Chemicals JSC's current Cyclically Adjusted PB Ratio is 0.97, which is 20% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Thao Fertilizers and Chemicals JSC stock overvalued right now?
Based on GuruFocus' analysis, Lam Thao Fertilizers and Chemicals JSC (HSTC:LAS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫18,339.20, compared to a current price of ₫13,800.00 — trading 24.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 20% below median its 10-year median of 1.21 and 30.2% below the Agriculture industry median of 1.39. Lam Thao Fertilizers and Chemicals JSC's overall GF Score™ is 82/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Lam Thao Fertilizers and Chemicals JSC (HSTC:LAS), the current Cyclically Adjusted PB Ratio is 0.97 as of Jul. 12, 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 Lam Thao Fertilizers and Chemicals JSC (HSTC:LAS) Overvalued in 2026?

Based on GuruFocus' analysis, Lam Thao Fertilizers and Chemicals JSC stock appears to be undervalued. The current stock price of ₫13,800.00 is trading 24.8% below its estimated GF Value™ of ₫18,339.20. GuruFocus considers Lam Thao Fertilizers and Chemicals JSC to be Modestly Undervalued.

Key valuation signals for HSTC:LAS:

  • Cyclically Adjusted PB Ratio: 0.97 (20% below median its 10-year median of 1.21)
  • GF Value™: ₫18,339.20 vs. price of ₫13,800.00 (24.8% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 30.2% below the Agriculture median (#63 of 201)

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


Lam Thao Fertilizers and Chemicals JSC Business Description

Address Phuong Lai Area, Phu Tho Province, Lam Thao, VNM
Lam Thao Fertilizers and Chemicals JSC is a Taiwan based company engaged in manufacturing and trading of fertilizers and chemicals. The company's product categories include superphosphate, NPK-S, acid sulfuric, pour melted and other products.
82GF Score

Get the complete analysis for HSTC:LAS

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

₫13,800.00
Price
₫18,339.20
GF Value