Southern Gas Trading JSC (HSTC:PGS) Cyclically Adjusted PB Ratio: 2.83 (As of Aug. 20, 2026) — 130% Above Median

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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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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:PGS Southern Gas Trading JSC HSTC:PGS
66 GF Score
Price ₫66,800.00
GF Value ₫34,454.73
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Southern Gas Trading JSC Cyclically Adjusted PB Ratio?

Southern Gas Trading JSC HSTC:PGS 66 Cyclically Adjusted PB Ratio is 2.83 as of Aug. 20, 2026, which is 130% above its 10-year median of 1.23. GuruFocus rates HSTC:PGS with a GF Score™ of 66/100 and a GF Value™ of ₫34,454.73 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 760 Oil & Gas companies, Southern Gas Trading JSC ranks worse than 77.63% on this metric.

As of today (2026-08-20), Southern Gas Trading JSC's current share price is ₫66800.00. Southern Gas Trading JSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₫23,605.75. Southern Gas Trading JSC's Cyclically Adjusted PB Ratio for today is 2.83.

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

HSTC:PGS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.23   Max: 2.66
Current: 2.59

During the past years, Southern Gas Trading JSC's highest Cyclically Adjusted PB Ratio was 2.66. The lowest was 0.80. And the median was 1.23.

HSTC:PGS's Cyclically Adjusted PB Ratio is ranked worse than
77.63% of 760 companies
in the Oil & Gas industry
Industry Median: 1.2 vs HSTC:PGS: 2.59

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.

Southern Gas Trading JSC's adjusted book value per share data for the three months ended in Jun. 2026 was ₫20,047.327. 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 ₫23,605.75 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Gas Trading JSC  (HSTC:PGS) 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.


Southern Gas Trading JSC Cyclically Adjusted PB Ratio Related Terms


Southern Gas Trading JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Southern Gas Trading 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.

Southern Gas Trading JSC Cyclically Adjusted PB Ratio Chart

Southern Gas Trading 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 1.08 1.09 1.17 1.42 2.32

Southern Gas Trading 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 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 1.33 1.93 2.32 2.26 2.23

HSTC:PGS vs XOM, CVX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Integrated subindustry, Southern Gas Trading 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.


Southern Gas Trading JSC Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southern Gas Trading JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HSTC:PGS
66GF Score
Southern Gas Trading JSC HSTC:PGS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Gas Trading 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.

Southern Gas Trading JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66800.00/23605.75
=2.83

* 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.

Southern Gas Trading JSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Southern Gas Trading 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)
=20047.327/333.9520*333.9520
=20,047.327

Current CPI (Jun. 2026) = 333.9520.

Southern Gas Trading JSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 19,337.032 241.432 26,747.244
201703 0.000 243.801 0.000
201706 19,364.069 244.955 26,399.419
201709 19,855.403 246.819 26,864.834
201712 19,226.010 246.524 26,044.379
201803 19,490.290 249.554 26,081.815
201806 19,069.390 251.989 25,271.980
201809 19,591.935 252.439 25,918.205
201812 19,105.104 251.233 25,395.500
201903 19,306.818 254.202 25,363.886
201906 19,612.873 256.143 25,570.709
201909 19,407.560 256.759 25,242.322
201912 19,633.869 256.974 25,515.304
202003 19,161.774 258.115 24,791.712
202006 19,217.055 257.797 24,893.905
202009 19,092.569 260.280 24,496.702
202012 19,765.637 260.474 25,341.393
202103 19,809.870 264.877 24,975.916
202106 19,444.284 271.696 23,899.717
202109 19,836.169 274.310 24,149.059
202112 20,135.394 278.802 24,118.389
202203 20,784.884 287.504 24,142.807
202206 20,041.223 296.311 22,587.101
202209 20,435.898 296.808 22,993.346
202212 20,380.243 296.797 22,931.576
202303 20,924.526 301.836 23,150.941
202306 19,457.131 305.109 21,296.480
202309 19,993.622 307.789 21,693.141
202312 20,195.861 306.746 21,987.078
202403 19,256.397 312.332 20,589.348
202406 19,425.686 314.175 20,648.513
202409 20,127.894 315.301 21,318.519
202412 20,295.241 315.605 21,475.060
202503 20,870.734 319.799 21,794.388
202506 19,552.543 322.561 20,243.026
202509 20,277.025 324.800 20,848.378
202512 20,375.341 324.054 20,997.691
202603 20,954.115 330.213 21,191.378
202606 20,047.327 333.952 20,047.327

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 2.83 mean?
Southern Gas Trading JSC (HSTC:PGS) has a Cyclically Adjusted PB Ratio of 2.83 as of Aug. 20, 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 Southern Gas Trading JSC and its competitors. This is 130% above median its historical median of 1.23. Over the past decade, Southern Gas Trading JSC's Cyclically Adjusted PB Ratio has ranged from 0.80 to 2.66. According to the industry distribution chart, Southern Gas Trading JSC ranks #590 out of 760 companies in the Oil & Gas industry, placing it in the top 77.6%.
Is Southern Gas Trading JSC's Cyclically Adjusted PB Ratio too high?
Southern Gas Trading JSC's current Cyclically Adjusted PB Ratio of 2.83 is 130% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.66. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Southern Gas Trading JSC's value of 2.83 is 135.8% above this industry median. Based on the distribution chart, Southern Gas Trading JSC ranks #590 out of 760 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Southern Gas Trading JSC has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Gas Trading JSC's Cyclically Adjusted PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Southern Gas Trading JSC ranks #590 out of 760 companies for Cyclically Adjusted PB Ratio. This places Southern Gas Trading JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Southern Gas Trading JSC's value of 2.83 is 135.8% above this benchmark. Historically, Southern Gas Trading JSC's own Cyclically Adjusted PB Ratio has ranged from 0.80 to 2.66 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.20, Southern Gas Trading JSC 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 760 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. Southern Gas Trading JSC's current Cyclically Adjusted PB Ratio of 2.83 is 135.8% 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 Southern Gas Trading JSC and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Gas Trading JSC's current Cyclically Adjusted PB Ratio is 2.83, which is 130% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Gas Trading JSC stock overvalued right now?
Based on GuruFocus' analysis, Southern Gas Trading JSC (HSTC:PGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫34,454.73, compared to a current price of ₫66,800.00 — trading 93.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.83, which is 130% above median its 10-year median of 1.23 and 135.8% above the Oil & Gas industry median of 1.20. Southern Gas Trading JSC's overall GF Score™ is 66/100 with 8 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 Southern Gas Trading JSC (HSTC:PGS), the current Cyclically Adjusted PB Ratio is 2.83 as of Aug. 20, 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 Southern Gas Trading JSC (HSTC:PGS) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Gas Trading JSC stock appears to be overvalued. The current stock price of ₫66,800.00 is trading 93.9% above its estimated GF Value™ of ₫34,454.73. GuruFocus considers Southern Gas Trading JSC to be Significantly Overvalued.

Key valuation signals for HSTC:PGS:

  • Cyclically Adjusted PB Ratio: 2.83 (130% above median its 10-year median of 1.23)
  • GF Value™: ₫34,454.73 vs. price of ₫66,800.00 (93.9% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 135.8% above the Oil & Gas median (#590 of 760)

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


Southern Gas Trading JSC Business Description

Industry EnergyOil & Gas
Address No 1-5 Le Duan Street, 4th Floor, PetroVietnam Tower, Ben Nghe Ward, District 1, Ho Chi Minh City, VNM
Southern Gas Trading JSC is engaged in the retail of liquefied petroleum gas (LPG), compressed natural gas (CNG), and liquefied natural gas (LNG); electricity production, transmission, and distribution; production of metal containers for compressed and liquefied petroleum gas; repair, maintenance, and operation of LPG, CNG, and LNG tanks, pipelines, storage facilities, machinery, and equipment; architectural, technical, construction, and investment consultancy activities for LPG, LNG, and CNG projects and systems; and completion of construction projects. Its products and services include Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), LPG Cylinder, and Certificate of Liability Insurance.
66GF Score

Get the complete analysis for HSTC:PGS

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

₫66,800.00
Price
₫34,454.73
GF Value