Ho Chi Minh City Infrastructure Investment JSC (STC:CII) Cyclically Adjusted PB Ratio: 0.84 (As of Jul. 06, 2026) — Near Median


STC:CII Ho Chi Minh City Infrastructure Investment JSC STC:CII
56 GF Score
Price ₫17,200.00
GF Value ₫8,442.63
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ho Chi Minh City Infrastructure Investment JSC Cyclically Adjusted PB Ratio?

Ho Chi Minh City Infrastructure Investment JSC STC:CII -1.99% 56 Cyclically Adjusted PB Ratio is 0.84 as of Jul. 06, 2026, which is 4% above its 10-year median of 0.81. GuruFocus rates STC:CII with a GF Score™ of 56/100 and a GF Value™ of ₫8,442.63 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,358 Construction companies, Ho Chi Minh City Infrastructure Investment JSC ranks better than 62.37% on this metric.

As of today (2026-07-06), Ho Chi Minh City Infrastructure Investment JSC's current share price is ₫17200.00. Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫20,515.07. Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted PB Ratio for today is 0.84.

The historical rank and industry rank for Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

STC:CII' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.81   Max: 2.87
Current: 0.84

During the past years, Ho Chi Minh City Infrastructure Investment JSC's highest Cyclically Adjusted PB Ratio was 2.87. The lowest was 0.51. And the median was 0.81.

STC:CII's Cyclically Adjusted PB Ratio is ranked better than
62.37% of 1358 companies
in the Construction industry
Industry Median: 1.2 vs STC:CII: 0.84

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.

Ho Chi Minh City Infrastructure Investment JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ₫14,003.277. 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 ₫20,515.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ho Chi Minh City Infrastructure Investment JSC  (STC:CII) 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.


Ho Chi Minh City Infrastructure Investment JSC Cyclically Adjusted PB Ratio Related Terms


Ho Chi Minh City Infrastructure Investment JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ho Chi Minh City Infrastructure Investment 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.

Ho Chi Minh City Infrastructure Investment JSC Cyclically Adjusted PB Ratio Chart

Ho Chi Minh City Infrastructure Investment 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 2.30 0.60 0.77 0.60 1.03

Ho Chi Minh City Infrastructure Investment 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 0.59 0.64 1.31 1.03 0.91

STC:CII vs PWR, FIX, EME: Cyclically Adjusted PB Ratio Comparison

For the Engineering & Construction subindustry, Ho Chi Minh City Infrastructure Investment 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.


Ho Chi Minh City Infrastructure Investment JSC Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted PB Ratio falls into.


STC:CII
56GF Score
Ho Chi Minh City Infrastructure Investment JSC STC:CII
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ho Chi Minh City Infrastructure Investment 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.

Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17200.00/20515.07
=0.84

* 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.

Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ho Chi Minh City Infrastructure Investment 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)
=14003.277/330.2130*330.2130
=14,003.277

Current CPI (Mar. 2026) = 330.2130.

Ho Chi Minh City Infrastructure Investment JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 14,029.982 241.018 19,222.143
201609 13,139.549 241.428 17,971.610
201612 12,816.425 241.432 17,529.367
201703 16,814.890 243.801 22,774.703
201706 17,680.443 244.955 23,834.223
201709 17,548.608 246.819 23,477.846
201712 17,575.250 246.524 23,541.627
201803 17,577.726 249.554 23,259.069
201806 17,632.976 251.989 23,106.715
201809 17,696.004 252.439 23,147.971
201812 17,664.214 251.233 23,217.305
201903 17,598.176 254.202 22,860.349
201906 17,713.845 256.143 22,836.236
201909 19,185.457 256.759 24,674.061
201912 17,957.686 256.974 23,075.725
202003 19,035.317 258.115 24,352.359
202006 19,048.283 257.797 24,399.006
202009 18,996.561 260.280 24,100.628
202012 17,599.189 260.474 22,311.175
202103 17,412.087 264.877 21,707.047
202106 17,388.267 271.696 21,133.295
202109 17,437.750 274.310 20,991.476
202112 17,706.865 278.802 20,972.005
202203 18,743.545 287.504 21,527.917
202206 19,101.176 296.311 21,286.610
202209 18,859.067 296.808 20,981.608
202212 18,728.700 296.797 20,837.341
202303 18,750.950 301.836 20,513.814
202306 18,387.956 305.109 19,900.895
202309 18,456.100 307.789 19,800.721
202312 17,402.847 306.746 18,734.218
202403 17,740.422 312.332 18,756.061
202406 17,233.736 314.175 18,113.483
202409 17,206.852 315.301 18,020.641
202412 16,542.150 315.605 17,307.815
202503 13,337.262 319.799 13,771.579
202506 13,201.032 322.561 13,514.195
202509 14,255.787 324.800 14,493.369
202512 14,272.004 324.054 14,543.259
202603 14,003.277 330.213 14,003.277

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 0.84 mean?
Ho Chi Minh City Infrastructure Investment JSC (STC:CII) has a Cyclically Adjusted PB Ratio of 0.84 as of Jul. 06, 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 Ho Chi Minh City Infrastructure Investment JSC and its competitors. This is near median its historical median of 0.81. Over the past decade, Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted PB Ratio has ranged from 0.51 to 2.87. According to the industry distribution chart, Ho Chi Minh City Infrastructure Investment JSC ranks #511 out of 1358 companies in the Construction industry, placing it in the top 37.6%.
Is Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted PB Ratio too high?
Ho Chi Minh City Infrastructure Investment JSC's current Cyclically Adjusted PB Ratio of 0.84 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.87. The Construction industry median Cyclically Adjusted PB Ratio is 1.20. Ho Chi Minh City Infrastructure Investment JSC's value of 0.84 is 30% below this industry median. Based on the distribution chart, Ho Chi Minh City Infrastructure Investment JSC ranks #511 out of 1358 companies in the Construction industry, which is above the industry midpoint. Overall, Ho Chi Minh City Infrastructure Investment JSC has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ho Chi Minh City Infrastructure Investment JSC's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Ho Chi Minh City Infrastructure Investment JSC ranks #511 out of 1358 companies for Cyclically Adjusted PB Ratio. This puts Ho Chi Minh City Infrastructure Investment JSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Ho Chi Minh City Infrastructure Investment JSC's value of 0.84 is 30% below this benchmark. Historically, Ho Chi Minh City Infrastructure Investment JSC's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 2.87 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.20, Ho Chi Minh City Infrastructure Investment 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 1.20, based on 1,358 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. Ho Chi Minh City Infrastructure Investment JSC's current Cyclically Adjusted PB Ratio of 0.84 is 30% 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 Ho Chi Minh City Infrastructure Investment JSC and its competitors. For the Construction 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. Ho Chi Minh City Infrastructure Investment JSC's current Cyclically Adjusted PB Ratio is 0.84, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Chi Minh City Infrastructure Investment JSC stock overvalued right now?
Based on GuruFocus' analysis, Ho Chi Minh City Infrastructure Investment JSC (STC:CII) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫8,442.63, compared to a current price of ₫17,200.00 — trading 103.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.84, which is near median its 10-year median of 0.81 and 30% below the Construction industry median of 1.20. Ho Chi Minh City Infrastructure Investment JSC's overall GF Score™ is 56/100 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 Ho Chi Minh City Infrastructure Investment JSC (STC:CII), the current Cyclically Adjusted PB Ratio is 0.84 as of Jul. 06, 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 Ho Chi Minh City Infrastructure Investment JSC (STC:CII) Overvalued in 2026?

Based on GuruFocus' analysis, Ho Chi Minh City Infrastructure Investment JSC stock appears to be overvalued. The current stock price of ₫17,200.00 is trading 103.7% above its estimated GF Value™ of ₫8,442.63. GuruFocus considers Ho Chi Minh City Infrastructure Investment JSC to be Significantly Overvalued.

Key valuation signals for STC:CII:

  • Cyclically Adjusted PB Ratio: 0.84 (near median its 10-year median of 0.81)
  • GF Value™: ₫8,442.63 vs. price of ₫17,200.00 (103.7% above fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 30% below the Construction median (#511 of 1358)

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


Ho Chi Minh City Infrastructure Investment JSC Business Description

Address 152 Dien Bien Phu, ward25, 12th floor, Binh Thach district, Ho Chi Minh City, VNM
Ho Chi Minh City Infrastructure Investment JSC engages in construction, development, and operation of infrastructure projects. The investment activities of the company include bridge and road, water, and real estate. Some of the projects of the company include Hanoi highway expansion phrase 2, Saigon 2 bridge, rach chiec bridge, rach mieu bridge phrase 2, tan hiep 2 water plant project, diamond riverside building project, and lu gia building project.
56GF Score

Get the complete analysis for STC:CII

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

₫17,200.00
Price
₫8,442.63
GF Value