Gelex Group JSC (STC:GEX) Cyclically Adjusted PB Ratio: 3.01 (As of Jul. 13, 2026) — Near Median


STC:GEX Gelex Group JSC STC:GEX
87 GF Score
Price ₫26,600.00
GF Value ₫21,692.57
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Gelex Group JSC Cyclically Adjusted PB Ratio?

Gelex Group JSC STC:GEX -2.56% 87 Cyclically Adjusted PB Ratio is 3.01 as of Jul. 13, 2026, which is 6% above its 10-year median of 2.84. GuruFocus rates STC:GEX with a GF Score™ of 87/100 and a GF Value™ of ₫21,692.57 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,296 Industrial Products companies, Gelex Group JSC ranks worse than 60.15% on this metric.

As of today (2026-07-13), Gelex Group JSC's current share price is ₫26600.00. Gelex Group JSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ₫8,833.59. Gelex Group JSC's Cyclically Adjusted PB Ratio for today is 3.01.

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

STC:GEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.55   Med: 2.84   Max: 3.29
Current: 3.01

During the past 10 years, Gelex Group JSC's highest Cyclically Adjusted PB Ratio was 3.29. The lowest was 2.55. And the median was 2.84.

STC:GEX's Cyclically Adjusted PB Ratio is ranked worse than
60.15% of 2296 companies
in the Industrial Products industry
Industry Median: 2.215 vs STC:GEX: 3.01

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.

Gelex Group JSC's adjusted book value per share data of for the fiscal year that ended in Dec25 was ₫13,162.198. 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 ₫8,833.59 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gelex Group JSC  (STC:GEX) 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.


Gelex Group JSC Cyclically Adjusted PB Ratio Related Terms


Gelex Group JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gelex 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.

Gelex Group JSC Cyclically Adjusted PB Ratio Chart

Gelex 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 0.00 0.00 0.00 0.00 3.29

Gelex Group 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 0.00 0.00 0.00 3.29 0.00

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

For the Electrical Equipment & Parts subindustry, Gelex 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.


Gelex Group JSC Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


STC:GEX
87GF Score
Gelex Group JSC STC:GEX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gelex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26600.00/8833.59
=3.01

* 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.

Gelex Group JSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Gelex Group JSC's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=13162.198/324.0540*324.0540
=13,162.198

Current CPI (Dec25) = 324.0540.

Gelex Group JSC Annual Data

Book Value per Share CPI Adj_Book
201612 3,343.849 241.432 4,488.169
201712 5,350.310 246.524 7,032.943
201812 5,585.866 251.233 7,204.954
201912 6,041.179 256.974 7,618.157
202012 6,604.001 260.474 8,215.994
202112 8,977.151 278.802 10,434.221
202212 9,005.296 296.797 9,832.317
202312 9,210.571 306.746 9,730.273
202412 10,339.829 315.605 10,616.635
202512 13,162.198 324.054 13,162.198

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 3.01 mean?
Gelex Group JSC (STC:GEX) has a Cyclically Adjusted PB Ratio of 3.01 as of Jul. 13, 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 Gelex Group JSC and its competitors. This is near median its historical median of 2.84. Over the past decade, Gelex Group JSC's Cyclically Adjusted PB Ratio has ranged from 2.55 to 3.29. According to the industry distribution chart, Gelex Group JSC ranks #1381 out of 2296 companies in the Industrial Products industry, placing it in the top 60.1%.
Is Gelex Group JSC's Cyclically Adjusted PB Ratio too high?
Gelex Group JSC's current Cyclically Adjusted PB Ratio of 3.01 is near median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 2.55 to a high of 3.29. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.22. Gelex Group JSC's value of 3.01 is 35.9% above this industry median. Based on the distribution chart, Gelex Group JSC ranks #1381 out of 2296 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Gelex Group JSC has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gelex Group JSC's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Gelex Group JSC ranks #1381 out of 2296 companies for Cyclically Adjusted PB Ratio. This places Gelex Group JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.22. Gelex Group JSC's value of 3.01 is 35.9% above this benchmark. Historically, Gelex Group JSC's own Cyclically Adjusted PB Ratio has ranged from 2.55 to 3.29 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.22, Gelex Group 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.22, based on 2,296 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. Gelex Group JSC's current Cyclically Adjusted PB Ratio of 3.01 is 35.9% 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 Gelex Group JSC and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gelex Group JSC's current Cyclically Adjusted PB Ratio is 3.01, which is near median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gelex Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Gelex Group JSC (STC:GEX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫21,692.57, compared to a current price of ₫26,600.00 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.01, which is near median its 10-year median of 2.84 and 35.9% above the Industrial Products industry median of 2.22. Gelex Group JSC's overall GF Score™ is 87/100 with 5 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 Gelex Group JSC (STC:GEX), the current Cyclically Adjusted PB Ratio is 3.01 as of Jul. 13, 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 Gelex Group JSC (STC:GEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gelex Group JSC stock appears to be overvalued. The current stock price of ₫26,600.00 is trading 22.6% above its estimated GF Value™ of ₫21,692.57. GuruFocus considers Gelex Group JSC to be Modestly Overvalued.

Key valuation signals for STC:GEX:

  • Cyclically Adjusted PB Ratio: 3.01 (near median its 10-year median of 2.84)
  • GF Value™: ₫21,692.57 vs. price of ₫26,600.00 (22.6% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 35.9% above the Industrial Products median (#1381 of 2296)

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


Gelex Group JSC Business Description

Address No. 52, Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
Gelex Group JSC operates in the industrial production and infrastructure industry. The Industrial production of the company is engaged in manufacturing and supplying of electrical equipment like electric cables, transformers, electric motors and, other electrical equipment; and the Infrastructure consists of production and trade in construction materials, real estate and construction business; production, transmission and distribution of electricity including hydropower, solar power and wind power; exploitation, treatment and supply of clean water; hotel, tourism and office leasing services, houses, and other factories.
87GF Score

Get the complete analysis for STC:GEX

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

₫26,600.00
Price
₫21,692.57
GF Value