FECON (STC:FCN) Cyclically Adjusted PB Ratio: 0.58 (As of Aug. 17, 2026) — 24% Below Median

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STC:FCN FECON Corp STC:FCN
52 GF Score
Price ₫11,250.00
GF Value ₫30,778.83
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is FECON Cyclically Adjusted PB Ratio?

FECON STC:FCN 52 Cyclically Adjusted PB Ratio is 0.58 as of Aug. 17, 2026, which is 24% below its 10-year median of 0.76. GuruFocus rates STC:FCN with a GF Score™ of 52/100 and a GF Value™ of ₫30,778.83 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,317 Construction companies, FECON ranks better than 73.96% on this metric.

As of today (2026-08-17), FECON's current share price is ₫11250.00. FECON's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₫19,563.53. FECON's Cyclically Adjusted PB Ratio for today is 0.58.

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

STC:FCN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.76   Max: 1.65
Current: 0.58

During the past years, FECON's highest Cyclically Adjusted PB Ratio was 1.65. The lowest was 0.40. And the median was 0.76.

STC:FCN's Cyclically Adjusted PB Ratio is ranked better than
73.96% of 1317 companies
in the Construction industry
Industry Median: 1.16 vs STC:FCN: 0.58

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.

FECON's adjusted book value per share data for the three months ended in Jun. 2026 was ₫16,461.450. 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 ₫19,563.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FECON  (STC:FCN) 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.


FECON Cyclically Adjusted PB Ratio Related Terms


FECON Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FECON'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.

FECON Cyclically Adjusted PB Ratio Chart

FECON 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 0.51 0.80 0.79 0.77

FECON 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 0.73 0.96 0.77 0.68 0.61

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

For the Engineering & Construction subindustry, FECON'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.


FECON Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, FECON's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FECON's Cyclically Adjusted PB Ratio falls into.


STC:FCN
52GF Score
FECON Corp STC:FCN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FECON 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.

FECON's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11250.00/19563.53
=0.58

* 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.

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

For example, FECON'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)
=16461.45/333.9520*333.9520
=16,461.450

Current CPI (Jun. 2026) = 333.9520.

FECON Quarterly Data

Book Value per Share CPI Adj_Book
201609 12,506.163 241.428 17,298.980
201612 15,188.392 241.432 21,008.789
201703 15,458.297 243.801 21,174.356
201706 14,254.395 244.955 19,433.299
201709 15,371.021 246.819 20,797.358
201712 15,887.670 246.524 21,522.120
201803 16,530.928 249.554 22,121.611
201806 15,450.625 251.989 20,476.160
201809 15,470.847 252.439 20,466.411
201812 17,346.381 251.233 23,057.714
201903 17,498.386 254.202 22,988.100
201906 16,133.726 256.143 21,034.696
201909 16,985.396 256.759 22,091.950
201912 17,527.669 256.974 22,778.180
202003 17,622.199 258.115 22,799.793
202006 17,510.238 257.797 22,682.882
202009 17,646.065 260.280 22,640.766
202012 17,859.036 260.474 22,896.952
202103 17,945.836 264.877 22,625.777
202106 17,782.229 271.696 21,856.821
202109 17,933.553 274.310 21,832.765
202112 13,189.436 278.802 15,798.447
202203 16,828.431 287.504 19,547.165
202206 16,582.335 296.311 18,688.823
202209 16,520.314 296.808 18,587.747
202212 16,810.859 296.797 18,915.353
202303 16,602.032 301.836 18,368.524
202306 16,086.805 305.109 17,607.546
202309 16,170.495 307.789 17,545.036
202312 15,883.895 306.746 17,292.674
202403 15,838.161 312.332 16,934.498
202406 15,893.437 314.175 16,893.913
202409 15,939.218 315.301 16,882.071
202412 15,925.598 315.605 16,851.397
202503 15,817.566 319.799 16,517.587
202506 15,955.228 322.561 16,518.675
202509 16,052.618 324.800 16,504.938
202512 16,093.733 324.054 16,585.305
202603 16,270.526 330.213 16,454.757
202606 16,461.450 333.952 16,461.450

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 0.58 mean?
FECON (STC:FCN) has a Cyclically Adjusted PB Ratio of 0.58 as of Aug. 17, 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 FECON and its competitors. This is 24% below median its historical median of 0.76. Over the past decade, FECON's Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.65. According to the industry distribution chart, FECON ranks #343 out of 1317 companies in the Construction industry, placing it in the top 26%.
Is FECON's Cyclically Adjusted PB Ratio too high?
FECON's current Cyclically Adjusted PB Ratio of 0.58 is 24% below median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.65. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. FECON's value of 0.58 is 50% below this industry median. Based on the distribution chart, FECON ranks #343 out of 1317 companies in the Construction industry, which is above the industry midpoint. Overall, FECON has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FECON's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, FECON ranks #343 out of 1317 companies for Cyclically Adjusted PB Ratio. This puts FECON in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. FECON's value of 0.58 is 50% below this benchmark. Historically, FECON's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 1.65 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.16, FECON 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 1,317 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. FECON's current Cyclically Adjusted PB Ratio of 0.58 is 50% 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 FECON 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. FECON's current Cyclically Adjusted PB Ratio is 0.58, which is 24% below median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FECON stock overvalued right now?
Based on GuruFocus' analysis, FECON (STC:FCN) is currently considered Possible Value Trap. The stock's GF Value™ is ₫30,778.83, compared to a current price of ₫11,250.00 — trading 63.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.58, which is 24% below median its 10-year median of 0.76 and 50% below the Construction industry median of 1.16. FECON's overall GF Score™ is 52/100 with 3 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 FECON (STC:FCN), the current Cyclically Adjusted PB Ratio is 0.58 as of Aug. 17, 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 FECON (STC:FCN) Overvalued in 2026?

Based on GuruFocus' analysis, FECON stock appears to be undervalued. The current stock price of ₫11,250.00 is trading 63.4% below its estimated GF Value™ of ₫30,778.83. GuruFocus considers FECON to be Possible Value Trap.

Key valuation signals for STC:FCN:

  • Cyclically Adjusted PB Ratio: 0.58 (24% below median its 10-year median of 0.76)
  • GF Value™: ₫30,778.83 vs. price of ₫11,250.00 (63.4% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 50% below the Construction median (#343 of 1317)

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


FECON Business Description

Address Lot HH2-1 Me Tri Ha Urban Area, Pham Hung Street, 15th Floor, Building CEO, Me Tri Ward , Nam Tu Liem District, Hanoi, VNM
FECON Corp operates in the field of construction foundation in Vietnam. It functions as a professional contractor, providing comprehensive solutions for foundation work in the construction field. The company is involved in the business areas of construction, road construction, construction of waterway ports, monitoring, research and development, geotechnical consultancy, geological survey and foundation experiments, monitoring, background treatment, waterproofing underground works, construction of tunnel with shield, and production and construction of tunnel lining.
52GF Score

Get the complete analysis for STC:FCN

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

₫11,250.00
Price
₫30,778.83
GF Value