Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS) Cyclically Adjusted PB Ratio: 0.27 (As of Jul. 30, 2026) — 21% Below Median

Author: Vera Yuan Vera Yuan
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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
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HSTC:PXS Petroleum Equipment Assembly And Metal Structure JSC HSTC:PXS
66 GF Score
Price ₫2,300.00
GF Value ₫6,627.03
Valuation Possible Value Trap
! 6 Warning Signs
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What is Petroleum Equipment Assembly And Metal Structure JSC Cyclically Adjusted PB Ratio?

Petroleum Equipment Assembly And Metal Structure JSC HSTC:PXS 66 Cyclically Adjusted PB Ratio is 0.27 as of Jul. 30, 2026, which is 21% below its 10-year median of 0.34. GuruFocus rates HSTC:PXS with a GF Score™ of 66/100 and a GF Value™ of ₫6,627.03 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,352 Construction companies, Petroleum Equipment Assembly And Metal Structure JSC ranks better than 90.01% on this metric.

As of today (2026-07-30), Petroleum Equipment Assembly And Metal Structure JSC's current share price is ₫2300.00. Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫8,475.30. Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted PB Ratio for today is 0.27.

The historical rank and industry rank for Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

HSTC:PXS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.34   Max: 0.57
Current: 0.27

During the past years, Petroleum Equipment Assembly And Metal Structure JSC's highest Cyclically Adjusted PB Ratio was 0.57. The lowest was 0.22. And the median was 0.34.

HSTC:PXS's Cyclically Adjusted PB Ratio is ranked better than
90.01% of 1352 companies
in the Construction industry
Industry Median: 1.155 vs HSTC:PXS: 0.27

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.

Petroleum Equipment Assembly And Metal Structure JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ₫1,583.058. 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 ₫8,475.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petroleum Equipment Assembly And Metal Structure JSC  (HSTC:PXS) 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.


Petroleum Equipment Assembly And Metal Structure JSC Cyclically Adjusted PB Ratio Related Terms


Petroleum Equipment Assembly And Metal Structure JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Petroleum Equipment Assembly And Metal Structure 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.

Petroleum Equipment Assembly And Metal Structure JSC Cyclically Adjusted PB Ratio Chart

Petroleum Equipment Assembly And Metal Structure 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 0.00 0.30 0.40 0.25 0.38

Petroleum Equipment Assembly And Metal Structure 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 0.27 0.25 0.36 0.38 0.34

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

For the Engineering & Construction subindustry, Petroleum Equipment Assembly And Metal Structure 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.


Petroleum Equipment Assembly And Metal Structure JSC Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted PB Ratio falls into.


HSTC:PXS
66GF Score
Petroleum Equipment Assembly And Metal Structure JSC HSTC:PXS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petroleum Equipment Assembly And Metal Structure 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.

Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2300.00/8475.30
=0.27

* 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.

Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Petroleum Equipment Assembly And Metal Structure 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)
=1583.058/330.2130*330.2130
=1,583.058

Current CPI (Mar. 2026) = 330.2130.

Petroleum Equipment Assembly And Metal Structure JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 13,520.798 241.018 18,524.522
201609 13,650.008 241.428 18,669.790
201612 13,727.225 241.432 18,775.093
201703 14,063.456 243.801 19,048.060
201706 12,959.523 244.955 17,470.160
201709 12,976.533 246.819 17,360.981
201712 12,413.614 246.524 16,627.739
201803 12,078.408 249.554 15,982.302
201806 11,635.614 251.989 15,247.614
201809 11,030.370 252.439 14,428.720
201812 10,090.197 251.233 13,262.247
201903 9,817.465 254.202 12,753.065
201906 9,254.611 256.143 11,930.808
201909 8,909.849 256.759 11,458.792
201912 5,627.300 256.974 7,231.111
202003 5,632.523 258.115 7,205.828
202006 5,637.213 257.797 7,220.724
202009 5,667.143 260.280 7,189.812
202012 5,683.734 260.474 7,205.490
202103 5,709.237 264.877 7,117.508
202106 5,723.152 271.696 6,955.786
202109 5,741.319 274.310 6,911.371
202112 5,703.846 278.802 6,755.633
202203 5,578.561 287.504 6,407.262
202206 0.000 296.311 0.000
202209 4,625.951 296.808 5,146.590
202212 4,626.714 296.797 5,147.630
202303 3,795.381 301.836 4,152.202
202306 2,547.989 305.109 2,757.634
202309 2,146.364 307.789 2,302.738
202312 1,976.611 306.746 2,127.828
202403 1,998.081 312.332 2,112.471
202406 2,022.205 314.175 2,125.434
202409 2,081.678 315.301 2,180.130
202412 1,280.655 315.605 1,339.931
202503 2,170.787 319.799 2,241.477
202506 1,940.616 322.561 1,986.653
202509 2,003.332 324.800 2,036.719
202512 1,526.924 324.054 1,555.945
202603 1,583.058 330.213 1,583.058

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 0.27 mean?
Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS) has a Cyclically Adjusted PB Ratio of 0.27 as of Jul. 30, 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 Petroleum Equipment Assembly And Metal Structure JSC and its competitors. This is 21% below median its historical median of 0.34. Over the past decade, Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.57. According to the industry distribution chart, Petroleum Equipment Assembly And Metal Structure JSC ranks #135 out of 1352 companies in the Construction industry, placing it in the top 10%.
Is Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted PB Ratio too high?
Petroleum Equipment Assembly And Metal Structure JSC's current Cyclically Adjusted PB Ratio of 0.27 is 21% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.57. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Petroleum Equipment Assembly And Metal Structure JSC's value of 0.27 is 76.6% below this industry median. Based on the distribution chart, Petroleum Equipment Assembly And Metal Structure JSC ranks #135 out of 1352 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Petroleum Equipment Assembly And Metal Structure JSC has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Petroleum Equipment Assembly And Metal Structure JSC's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Petroleum Equipment Assembly And Metal Structure JSC ranks #135 out of 1352 companies for Cyclically Adjusted PB Ratio. This places Petroleum Equipment Assembly And Metal Structure JSC in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.16. Petroleum Equipment Assembly And Metal Structure JSC's value of 0.27 is 76.6% below this benchmark. Historically, Petroleum Equipment Assembly And Metal Structure JSC's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.57 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.16, Petroleum Equipment Assembly And Metal Structure 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.16, based on 1,352 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. Petroleum Equipment Assembly And Metal Structure JSC's current Cyclically Adjusted PB Ratio of 0.27 is 76.6% 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 Petroleum Equipment Assembly And Metal Structure JSC and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroleum Equipment Assembly And Metal Structure JSC's current Cyclically Adjusted PB Ratio is 0.27, which is 21% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroleum Equipment Assembly And Metal Structure JSC stock overvalued right now?
Based on GuruFocus' analysis, Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS) is currently considered Possible Value Trap. The stock's GF Value™ is ₫6,627.03, compared to a current price of ₫2,300.00 — trading 65.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.27, which is 21% below median its 10-year median of 0.34 and 76.6% below the Construction industry median of 1.16. Petroleum Equipment Assembly And Metal Structure JSC's overall GF Score™ is 66/100 with 6 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 Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS), the current Cyclically Adjusted PB Ratio is 0.27 as of Jul. 30, 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 Petroleum Equipment Assembly And Metal Structure JSC (HSTC:PXS) Overvalued in 2026?

Based on GuruFocus' analysis, Petroleum Equipment Assembly And Metal Structure JSC stock appears to be undervalued. The current stock price of ₫2,300.00 is trading 65.3% below its estimated GF Value™ of ₫6,627.03. GuruFocus considers Petroleum Equipment Assembly And Metal Structure JSC to be Possible Value Trap.

Key valuation signals for HSTC:PXS:

  • Cyclically Adjusted PB Ratio: 0.27 (21% below median its 10-year median of 0.34)
  • GF Value™: ₫6,627.03 vs. price of ₫2,300.00 (65.3% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 76.6% below the Construction median (#135 of 1352)

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


Petroleum Equipment Assembly And Metal Structure JSC Business Description

Address 02, Nguyen Huu Canh Street, Ward Thang Nhat, Vung Tau City, VNM
Petroleum Equipment Assembly And Metal Structure JSC is a Vietnam-based EPC contractor. It specializes in providing EPC services for pipeline, piping, storage tank, thermal power plant, refinery, petrochemical plant, gas processing plant, and projects in the oil and gas industry. The other activities of the organization cover providing EPC/EPCIC services for offshore projects in the oil and gas industry; providing EPC services for process skids and equipment for oil and gas projects; and offering electrical and instrumentation services for oil and gas projects.
66GF Score

Get the complete analysis for HSTC:PXS

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

₫2,300.00
Price
₫6,627.03
GF Value