Becamex Infrastructure Development JSC (STC:IJC) Cyclically Adjusted PB Ratio: 0.60 (As of Jul. 26, 2026) — 43% Below Median

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STC:IJC Becamex Infrastructure Development JSC STC:IJC
74 GF Score
Price ₫7,050.00
GF Value ₫10,787.41
Valuation Possible Value Trap
! 6 Warning Signs
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What is Becamex Infrastructure Development JSC Cyclically Adjusted PB Ratio?

Becamex Infrastructure Development JSC STC:IJC -2.49% 74 Cyclically Adjusted PB Ratio is 0.60 as of Jul. 26, 2026, which is 43% below its 10-year median of 1.06. GuruFocus rates STC:IJC with a GF Score™ of 74/100 and a GF Value™ of ₫10,787.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,359 Construction companies, Becamex Infrastructure Development JSC ranks better than 73.51% on this metric.

As of today (2026-07-26), Becamex Infrastructure Development JSC's current share price is ₫7050.00. Becamex Infrastructure Development JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫11,838.33. Becamex Infrastructure Development JSC's Cyclically Adjusted PB Ratio for today is 0.60.

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

STC:IJC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.06   Max: 1.34
Current: 0.6

During the past years, Becamex Infrastructure Development JSC's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.60. And the median was 1.06.

STC:IJC's Cyclically Adjusted PB Ratio is ranked better than
73.51% of 1359 companies
in the Construction industry
Industry Median: 1.16 vs STC:IJC: 0.60

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.

Becamex Infrastructure Development JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ₫12,974.658. 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 ₫11,838.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Becamex Infrastructure Development JSC  (STC:IJC) 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.


Becamex Infrastructure Development JSC Cyclically Adjusted PB Ratio Related Terms


Becamex Infrastructure Development JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Becamex Infrastructure Development 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.

Becamex Infrastructure Development JSC Cyclically Adjusted PB Ratio Chart

Becamex Infrastructure Development 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 1.03 1.09 0.93

Becamex Infrastructure Development 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 1.07 0.96 1.20 0.93 0.86

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

For the Engineering & Construction subindustry, Becamex Infrastructure Development 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.


Becamex Infrastructure Development JSC Cyclically Adjusted PB Ratio vs Construction Industry

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

* The bar in red indicates where Becamex Infrastructure Development JSC's Cyclically Adjusted PB Ratio falls into.


STC:IJC
74GF Score
Becamex Infrastructure Development JSC STC:IJC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Becamex Infrastructure Development 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.

Becamex Infrastructure Development JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7050.00/11838.33
=0.60

* 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.

Becamex Infrastructure Development JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Becamex Infrastructure Development 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)
=12974.658/330.2130*330.2130
=12,974.658

Current CPI (Mar. 2026) = 330.2130.

Becamex Infrastructure Development JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 7,013.106 241.018 9,608.489
201609 7,174.122 241.428 9,812.401
201612 7,247.139 241.432 9,912.106
201703 7,878.511 243.801 10,670.944
201706 7,776.600 244.955 10,483.290
201709 7,938.143 246.819 10,620.244
201712 8,111.994 246.524 10,865.822
201803 8,369.428 249.554 11,074.533
201806 8,030.027 251.989 10,522.758
201809 8,373.463 252.439 10,953.245
201812 8,480.532 251.233 11,146.553
201903 8,817.117 254.202 11,453.595
201906 8,531.737 256.143 10,998.897
201909 8,846.209 256.759 11,376.946
201912 9,052.754 256.974 11,632.839
202003 9,513.090 258.115 12,170.335
202006 8,972.231 257.797 11,492.559
202009 9,303.791 260.280 11,803.568
202012 10,109.192 260.474 12,815.815
202103 10,372.250 264.877 12,930.726
202106 9,848.358 271.696 11,969.465
202109 10,110.678 274.310 12,171.183
202112 10,311.194 278.802 12,212.575
202203 10,847.407 287.504 12,458.800
202206 11,330.773 296.311 12,627.167
202209 11,694.327 296.808 13,010.494
202212 11,768.056 296.797 13,093.007
202303 12,099.762 301.836 13,237.317
202306 11,370.597 305.109 12,306.156
202309 11,584.652 307.789 12,428.653
202312 11,790.750 306.746 12,692.778
202403 12,397.146 312.332 13,106.882
202406 11,338.547 314.175 11,917.357
202409 11,537.576 315.301 12,083.240
202412 11,911.105 315.605 12,462.419
202503 11,947.841 319.799 12,336.913
202506 12,211.702 322.561 12,501.396
202509 12,338.842 324.800 12,544.477
202512 12,809.010 324.054 13,052.459
202603 12,974.658 330.213 12,974.658

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 0.60 mean?
Becamex Infrastructure Development JSC (STC:IJC) has a Cyclically Adjusted PB Ratio of 0.60 as of Jul. 26, 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 Becamex Infrastructure Development JSC and its competitors. This is 43% below median its historical median of 1.06. Over the past decade, Becamex Infrastructure Development JSC's Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.34. According to the industry distribution chart, Becamex Infrastructure Development JSC ranks #360 out of 1359 companies in the Construction industry, placing it in the top 26.5%.
Is Becamex Infrastructure Development JSC's Cyclically Adjusted PB Ratio too high?
Becamex Infrastructure Development JSC's current Cyclically Adjusted PB Ratio of 0.60 is 43% below median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 1.34. The Construction industry median Cyclically Adjusted PB Ratio is 1.16. Becamex Infrastructure Development JSC's value of 0.60 is 48.3% below this industry median. Based on the distribution chart, Becamex Infrastructure Development JSC ranks #360 out of 1359 companies in the Construction industry, which is above the industry midpoint. Overall, Becamex Infrastructure Development JSC has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Becamex Infrastructure Development JSC's Cyclically Adjusted PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Becamex Infrastructure Development JSC ranks #360 out of 1359 companies for Cyclically Adjusted PB Ratio. This puts Becamex Infrastructure Development JSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.16. Becamex Infrastructure Development JSC's value of 0.60 is 48.3% below this benchmark. Historically, Becamex Infrastructure Development JSC's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 1.34 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.16, Becamex Infrastructure Development 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 1.16, based on 1,359 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. Becamex Infrastructure Development JSC's current Cyclically Adjusted PB Ratio of 0.60 is 48.3% 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 Becamex Infrastructure Development JSC 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. Becamex Infrastructure Development JSC's current Cyclically Adjusted PB Ratio is 0.60, which is 43% below median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Becamex Infrastructure Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Becamex Infrastructure Development JSC (STC:IJC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫10,787.41, compared to a current price of ₫7,050.00 — trading 34.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is 43% below median its 10-year median of 1.06 and 48.3% below the Construction industry median of 1.16. Becamex Infrastructure Development JSC's overall GF Score™ is 74/100 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 Becamex Infrastructure Development JSC (STC:IJC), the current Cyclically Adjusted PB Ratio is 0.60 as of Jul. 26, 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 Becamex Infrastructure Development JSC (STC:IJC) Overvalued in 2026?

Based on GuruFocus' analysis, Becamex Infrastructure Development JSC stock appears to be undervalued. The current stock price of ₫7,050.00 is trading 34.6% below its estimated GF Value™ of ₫10,787.41. GuruFocus considers Becamex Infrastructure Development JSC to be Possible Value Trap.

Key valuation signals for STC:IJC:

  • Cyclically Adjusted PB Ratio: 0.60 (43% below median its 10-year median of 1.06)
  • GF Value™: ₫10,787.41 vs. price of ₫7,050.00 (34.6% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 48.3% below the Construction median (#360 of 1359)

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


Becamex Infrastructure Development JSC Business Description

Address 230 Pacific Avenue, 5th Floor, Becamex Tower, Phu Hoa, Binh Duong, Thu Dau Mot, VNM
Becamex Infrastructure Development JSC, through its subsidiaries, is engaged in the field of investment and development of industrial, residential, urban and transportation infrastructure. The other business activities in which the company is involved are Collecting traffic fees; Services-Trade; and Real estate business. The organization is based in Vietnam.
74GF Score

Get the complete analysis for STC:IJC

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

₫7,050.00
Price
₫10,787.41
GF Value