Dien Quang Group JSC (STC:DQC) Cyclically Adjusted PB Ratio: 0.24 (As of Sep. 15, 2026) — 35% Below 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.

STC:DQC Dien Quang Group JSC STC:DQC
65 GF Score
Price ₫9,680.00
GF Value ₫17,254.79
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Dien Quang Group JSC Cyclically Adjusted PB Ratio?

Dien Quang Group JSC STC:DQC +2.98% 65 Cyclically Adjusted PB Ratio is 0.24 as of Sep. 15, 2026, which is 35% below its 10-year median of 0.37. GuruFocus rates STC:DQC with a GF Score™ of 65/100 and a GF Value™ of ₫17,254.79 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,099 Industrial Products companies, Dien Quang Group JSC ranks better than 96.33% on this metric.

As of today (2026-09-15), Dien Quang Group JSC's current share price is ₫9680.00. Dien Quang Group JSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₫40,330.96. Dien Quang Group JSC's Cyclically Adjusted PB Ratio for today is 0.24.

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

STC:DQC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.37   Max: 1.67
Current: 0.24

During the past years, Dien Quang Group JSC's highest Cyclically Adjusted PB Ratio was 1.67. The lowest was 0.22. And the median was 0.37.

STC:DQC's Cyclically Adjusted PB Ratio is ranked better than
96.33% of 2099 companies
in the Industrial Products industry
Industry Median: 2.08 vs STC:DQC: 0.24

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.

Dien Quang Group JSC's adjusted book value per share data for the three months ended in Jun. 2026 was ₫28,445.420. 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 ₫40,330.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dien Quang Group JSC  (STC:DQC) 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.


Dien Quang Group JSC Cyclically Adjusted PB Ratio Related Terms


Dien Quang Group JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dien Quang Group 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.

Dien Quang Group JSC Cyclically Adjusted PB Ratio Chart

Dien Quang Group 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 0.88 0.43 0.37 0.31 0.26

Dien Quang Group 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 0.26 0.28 0.26 0.23 0.24

STC:DQC vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Dien Quang Group 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.


Dien Quang Group JSC Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dien Quang Group JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STC:DQC
65GF Score
Dien Quang Group JSC STC:DQC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dien Quang Group 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.

Dien Quang Group JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9680.00/40330.964
=0.24

* 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.

Dien Quang Group JSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dien Quang Group 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)
=28445.42/333.9520*333.9520
=28,445.420

Current CPI (Jun. 2026) = 333.9520.

Dien Quang Group JSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 36,111.094 241.428 49,950.180
201612 36,168.993 241.432 50,029.439
201703 37,073.783 243.801 50,782.663
201706 34,604.445 244.955 47,176.925
201709 35,355.663 246.819 47,837.056
201712 36,400.195 246.524 49,309.268
201803 34,454.035 249.554 46,106.229
201806 34,883.580 251.989 46,229.960
201809 34,113.211 252.439 45,128.427
201812 34,705.918 251.233 46,132.915
201903 36,097.643 254.202 47,422.444
201906 34,786.961 256.143 45,354.256
201909 35,072.647 256.759 45,617.021
201912 35,287.884 256.974 45,858.567
202003 34,497.894 258.115 44,633.751
202006 33,142.303 257.797 42,932.766
202009 33,073.091 260.280 42,434.397
202012 33,499.730 260.474 42,949.783
202103 33,977.552 264.877 42,838.266
202106 33,878.364 271.696 41,641.200
202109 33,886.869 274.310 41,254.740
202112 34,270.645 278.802 41,049.743
202203 34,069.735 287.504 39,573.906
202206 34,108.231 296.311 38,441.070
202209 34,373.501 296.808 38,675.168
202212 33,890.551 296.797 38,133.193
202303 33,976.813 301.836 37,592.019
202306 33,953.303 305.109 37,163.025
202309 33,541.654 307.789 36,392.796
202312 32,678.046 306.746 35,576.336
202403 32,686.252 312.332 34,948.834
202406 32,657.129 314.175 34,712.862
202409 32,480.051 315.301 34,401.343
202412 28,254.424 315.605 29,896.933
202503 28,405.155 319.799 29,662.251
202506 28,513.978 322.561 29,520.928
202509 28,578.978 324.800 29,384.258
202512 28,307.351 324.054 29,171.979
202603 28,552.940 330.213 28,876.245
202606 28,445.420 333.952 28,445.420

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 0.24 mean?
Dien Quang Group JSC (STC:DQC) has a Cyclically Adjusted PB Ratio of 0.24 as of Sep. 15, 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 Dien Quang Group JSC and its competitors. This is 35% below median its historical median of 0.37. Over the past decade, Dien Quang Group JSC's Cyclically Adjusted PB Ratio has ranged from 0.22 to 1.67. According to the industry distribution chart, Dien Quang Group JSC ranks #77 out of 2099 companies in the Industrial Products industry, placing it in the top 3.7%.
Is Dien Quang Group JSC's Cyclically Adjusted PB Ratio too high?
Dien Quang Group JSC's current Cyclically Adjusted PB Ratio of 0.24 is 35% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.67. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Dien Quang Group JSC's value of 0.24 is 88.5% below this industry median. Based on the distribution chart, Dien Quang Group JSC ranks #77 out of 2099 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Dien Quang Group JSC has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dien Quang Group JSC's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Dien Quang Group JSC ranks #77 out of 2099 companies for Cyclically Adjusted PB Ratio. This places Dien Quang Group JSC in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 2.08. Dien Quang Group JSC's value of 0.24 is 88.5% below this benchmark. Historically, Dien Quang Group JSC's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 1.67 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 2.08, Dien Quang Group 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,099 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. Dien Quang Group JSC's current Cyclically Adjusted PB Ratio of 0.24 is 88.5% 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 Dien Quang Group JSC and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dien Quang Group JSC's current Cyclically Adjusted PB Ratio is 0.24, which is 35% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dien Quang Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Dien Quang Group JSC (STC:DQC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫17,254.79, compared to a current price of ₫9,680.00 — trading 43.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.24, which is 35% below median its 10-year median of 0.37 and 88.5% below the Industrial Products industry median of 2.08. Dien Quang Group JSC's overall GF Score™ is 65/100 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 Dien Quang Group JSC (STC:DQC), the current Cyclically Adjusted PB Ratio is 0.24 as of Sep. 15, 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 Dien Quang Group JSC (STC:DQC) Overvalued in 2026?

Based on GuruFocus' analysis, Dien Quang Group JSC stock appears to be undervalued. The current stock price of ₫9,680.00 is trading 43.9% below its estimated GF Value™ of ₫17,254.79. GuruFocus considers Dien Quang Group JSC to be Significantly Undervalued.

Key valuation signals for STC:DQC:

  • Cyclically Adjusted PB Ratio: 0.24 (35% below median its 10-year median of 0.37)
  • GF Value™: ₫17,254.79 vs. price of ₫9,680.00 (43.9% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 88.5% below the Industrial Products median (#77 of 2099)

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


Dien Quang Group JSC Business Description

Address 121-123-125 Ham Nghi Street, District 1, Nguyen Thai Binh Ward, Ho Chi Minh City, VNM
Dien Quang Group JSC is a technology company in the lighting industry and electrical equipment. The company's project consists of Bac Giang Gymnasium, Phnom Penh - Cambodia International Airport Project, and Ben Tre Museum.
65GF Score

Get the complete analysis for STC:DQC

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

₫9,680.00
Price
₫17,254.79
GF Value