Hai An Transport and Stevedoring JSC (STC:HAH) Cyclically Adjusted PB Ratio: 3.28 (As of Jul. 28, 2026) — 24% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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STC:HAH Hai An Transport and Stevedoring JSC STC:HAH
97 GF Score
Price ₫44,000.00
GF Value ₫60,734.45
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Hai An Transport and Stevedoring JSC Cyclically Adjusted PB Ratio?

Hai An Transport and Stevedoring JSC STC:HAH 97 Cyclically Adjusted PB Ratio is 3.28 as of Jul. 28, 2026, which is 24% below its 10-year median of 4.30. GuruFocus rates STC:HAH with a GF Score™ of 97/100 and a GF Value™ of ₫60,734.45 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 741 Transportation companies, Hai An Transport and Stevedoring JSC ranks worse than 83% on this metric.

As of today (2026-07-28), Hai An Transport and Stevedoring JSC's current share price is ₫44000.00. Hai An Transport and Stevedoring JSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was ₫13,401.43. Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio for today is 3.28.

The historical rank and industry rank for Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

STC:HAH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.28   Med: 4.3   Max: 4.7
Current: 3.28

During the past 10 years, Hai An Transport and Stevedoring JSC's highest Cyclically Adjusted PB Ratio was 4.70. The lowest was 3.28. And the median was 4.30.

STC:HAH's Cyclically Adjusted PB Ratio is ranked worse than
83% of 741 companies
in the Transportation industry
Industry Median: 1.27 vs STC:HAH: 3.28

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.

Hai An Transport and Stevedoring JSC's adjusted book value per share data of for the fiscal year that ended in Dec25 was ₫26,704.326. 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 ₫13,401.43 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hai An Transport and Stevedoring JSC  (STC:HAH) 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.


Hai An Transport and Stevedoring JSC Cyclically Adjusted PB Ratio Related Terms


Hai An Transport and Stevedoring JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hai An Transport and Stevedoring 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.

Hai An Transport and Stevedoring JSC Cyclically Adjusted PB Ratio Chart

Hai An Transport and Stevedoring JSC Annual Data
Trend Dec15 Dec16 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 4.38

Hai An Transport and Stevedoring 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 4.38 0.00

Hai An Transport and Stevedoring JSC Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Hai An Transport and Stevedoring 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.


Hai An Transport and Stevedoring JSC Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio falls into.


STC:HAH
97GF Score
Hai An Transport and Stevedoring JSC STC:HAH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hai An Transport and Stevedoring 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.

Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44000.00/13401.43
=3.28

* 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.

Hai An Transport and Stevedoring JSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Hai An Transport and Stevedoring 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)
=26704.326/324.0540*324.0540
=26,704.326

Current CPI (Dec25) = 324.0540.

Hai An Transport and Stevedoring JSC Annual Data

Book Value per Share CPI Adj_Book
201512 4,642.401 236.525 6,360.379
201612 5,046.862 241.432 6,773.981
201812 7,392.732 251.233 9,535.548
201912 6,580.189 256.974 8,297.869
202012 7,182.948 260.474 8,936.259
202112 10,306.608 278.802 11,979.461
202212 14,907.794 296.797 16,276.884
202312 16,868.223 306.746 17,820.005
202412 20,773.440 315.605 21,329.562
202512 26,704.326 324.054 26,704.326

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 3.28 mean?
Hai An Transport and Stevedoring JSC (STC:HAH) has a Cyclically Adjusted PB Ratio of 3.28 as of Jul. 28, 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 Hai An Transport and Stevedoring JSC and its competitors. This is 24% below median its historical median of 4.30. Over the past decade, Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio has ranged from 3.28 to 4.70. According to the industry distribution chart, Hai An Transport and Stevedoring JSC ranks #615 out of 741 companies in the Transportation industry, placing it in the top 83%.
Is Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio too high?
Hai An Transport and Stevedoring JSC's current Cyclically Adjusted PB Ratio of 3.28 is 24% below median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 4.70. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Hai An Transport and Stevedoring JSC's value of 3.28 is 158.3% above this industry median. Based on the distribution chart, Hai An Transport and Stevedoring JSC ranks #615 out of 741 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Hai An Transport and Stevedoring JSC has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hai An Transport and Stevedoring JSC's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Hai An Transport and Stevedoring JSC ranks #615 out of 741 companies for Cyclically Adjusted PB Ratio. This places Hai An Transport and Stevedoring JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Hai An Transport and Stevedoring JSC's value of 3.28 is 158.3% above this benchmark. Historically, Hai An Transport and Stevedoring JSC's own Cyclically Adjusted PB Ratio has ranged from 3.28 to 4.70 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 1.27, Hai An Transport and Stevedoring 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 741 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. Hai An Transport and Stevedoring JSC's current Cyclically Adjusted PB Ratio of 3.28 is 158.3% 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 Hai An Transport and Stevedoring JSC and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hai An Transport and Stevedoring JSC's current Cyclically Adjusted PB Ratio is 3.28, which is 24% below median its own 10-year median of 4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hai An Transport and Stevedoring JSC stock overvalued right now?
Based on GuruFocus' analysis, Hai An Transport and Stevedoring JSC (STC:HAH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫60,734.45, compared to a current price of ₫44,000.00 — trading 27.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.28, which is 24% below median its 10-year median of 4.30 and 158.3% above the Transportation industry median of 1.27. Hai An Transport and Stevedoring JSC's overall GF Score™ is 97/100 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 Hai An Transport and Stevedoring JSC (STC:HAH), the current Cyclically Adjusted PB Ratio is 3.28 as of Jul. 28, 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 Hai An Transport and Stevedoring JSC (STC:HAH) Overvalued in 2026?

Based on GuruFocus' analysis, Hai An Transport and Stevedoring JSC stock appears to be undervalued. The current stock price of ₫44,000.00 is trading 27.6% below its estimated GF Value™ of ₫60,734.45. GuruFocus considers Hai An Transport and Stevedoring JSC to be Modestly Undervalued.

Key valuation signals for STC:HAH:

  • Cyclically Adjusted PB Ratio: 3.28 (24% below median its 10-year median of 4.30)
  • GF Value™: ₫60,734.45 vs. price of ₫44,000.00 (27.6% below fair value)
  • GF Score™: 97/100 with 3 warning signs
  • Industry Position: 158.3% above the Transportation median (#615 of 741)

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


Hai An Transport and Stevedoring JSC Business Description

Address No. 45 Trieu Viet Vuong, 7th Floor, Nguyen Du Ward, Hai Ba Trung District, Hanoi, VNM
Hai An Transport and Stevedoring JSC is engaged in the transportation and storage of goods through vessels. It is involved in Domestic, coastal and marine freight transport services, Seaport cargo stevedoring; Road transportation, direct support services for marine transportation, and other transport-related support services. The company is also engaged in warehousing leasing, and maritime transportation.
97GF Score

Get the complete analysis for STC:HAH

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

₫44,000.00
Price
₫60,734.45
GF Value