Khang Dien House Trading and Investment JSC (STC:KDH) Cyclically Adjusted PB Ratio: 1.53 (As of Jul. 19, 2026) — 47% Below Median

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Director of Data and Quant Analytics at GuruFocus
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STC:KDH Khang Dien House Trading and Investment JSC STC:KDH
87 GF Score
Price ₫18,450.00
GF Value ₫36,485.70
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Khang Dien House Trading and Investment JSC Cyclically Adjusted PB Ratio?

Khang Dien House Trading and Investment JSC STC:KDH -2.89% 87 Cyclically Adjusted PB Ratio is 1.53 as of Jul. 19, 2026, which is 47% below its 10-year median of 2.86. GuruFocus rates STC:KDH with a GF Score™ of 87/100 and a GF Value™ of ₫36,485.70 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,440 Real Estate companies, Khang Dien House Trading and Investment JSC ranks worse than 78.33% on this metric.

As of today (2026-07-19), Khang Dien House Trading and Investment JSC's current share price is ₫18450.00. Khang Dien House Trading and Investment JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫12,066.52. Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio for today is 1.53.

The historical rank and industry rank for Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:

STC:KDH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 2.86   Max: 5.28
Current: 1.53

During the past years, Khang Dien House Trading and Investment JSC's highest Cyclically Adjusted PB Ratio was 5.28. The lowest was 1.53. And the median was 2.86.

STC:KDH's Cyclically Adjusted PB Ratio is ranked worse than
78.33% of 1440 companies
in the Real Estate industry
Industry Median: 0.705 vs STC:KDH: 1.53

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.

Khang Dien House Trading and Investment JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ₫16,756.365. 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 ₫12,066.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Khang Dien House Trading and Investment JSC  (STC:KDH) 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.


Khang Dien House Trading and Investment JSC Cyclically Adjusted PB Ratio Related Terms


Khang Dien House Trading and Investment JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Khang Dien House Trading and Investment 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.

Khang Dien House Trading and Investment JSC Cyclically Adjusted PB Ratio Chart

Khang Dien House Trading and Investment 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 4.76 2.30 2.75 3.12 2.71

Khang Dien House Trading and Investment 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 2.75 2.41 3.00 2.71 2.15

Khang Dien House Trading and Investment JSC Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Khang Dien House Trading and Investment 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.


Khang Dien House Trading and Investment JSC Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio falls into.


STC:KDH
87GF Score
Khang Dien House Trading and Investment JSC STC:KDH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khang Dien House Trading and Investment 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.

Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18450.00/12066.52
=1.53

* 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.

Khang Dien House Trading and Investment JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Khang Dien House Trading and Investment 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)
=16756.365/330.2130*330.2130
=16,756.365

Current CPI (Mar. 2026) = 330.2130.

Khang Dien House Trading and Investment JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 5,541.150 241.018 7,591.797
201609 5,642.165 241.428 7,717.068
201612 5,590.189 241.432 7,645.851
201703 5,698.476 243.801 7,718.225
201706 5,934.440 244.955 7,999.956
201709 7,093.520 246.819 9,490.244
201712 6,722.214 246.524 9,004.245
201803 7,106.622 249.554 9,403.572
201806 7,130.868 251.989 9,344.477
201809 7,091.996 252.439 9,276.971
201812 7,541.741 251.233 9,912.635
201903 7,653.824 254.202 9,942.456
201906 7,505.853 256.143 9,676.354
201909 7,842.608 256.759 10,086.233
201912 8,282.267 256.974 10,642.759
202003 8,450.065 258.115 10,810.380
202006 8,500.639 257.797 10,888.496
202009 8,605.376 260.280 10,917.500
202012 9,030.868 260.474 11,448.782
202103 9,258.820 264.877 11,542.651
202106 9,474.272 271.696 11,514.810
202109 10,711.084 274.310 12,893.949
202112 11,165.270 278.802 13,224.142
202203 11,138.710 287.504 12,793.376
202206 11,401.806 296.311 12,706.327
202209 11,980.531 296.808 13,328.910
202212 12,113.461 296.797 13,477.300
202303 12,311.972 301.836 13,469.477
202306 12,765.296 305.109 13,815.609
202309 13,892.491 307.789 14,904.630
202312 13,907.381 306.746 14,971.338
202403 13,972.892 312.332 14,772.840
202406 14,208.999 314.175 14,934.340
202409 15,279.212 315.301 16,001.835
202412 15,639.080 315.605 16,362.946
202503 15,748.717 319.799 16,261.561
202506 15,876.392 322.561 16,253.022
202509 16,070.122 324.800 16,337.941
202512 16,505.624 324.054 16,819.331
202603 16,756.365 330.213 16,756.365

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 1.53 mean?
Khang Dien House Trading and Investment JSC (STC:KDH) has a Cyclically Adjusted PB Ratio of 1.53 as of Jul. 19, 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 Khang Dien House Trading and Investment JSC and its competitors. This is 47% below median its historical median of 2.86. Over the past decade, Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio has ranged from 1.53 to 5.28. According to the industry distribution chart, Khang Dien House Trading and Investment JSC ranks #1128 out of 1440 companies in the Real Estate industry, placing it in the top 78.3%.
Is Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio too high?
Khang Dien House Trading and Investment JSC's current Cyclically Adjusted PB Ratio of 1.53 is 47% below median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 5.28. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Khang Dien House Trading and Investment JSC's value of 1.53 is 117% above this industry median. Based on the distribution chart, Khang Dien House Trading and Investment JSC ranks #1128 out of 1440 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Khang Dien House Trading and Investment JSC has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khang Dien House Trading and Investment JSC's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Khang Dien House Trading and Investment JSC ranks #1128 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Khang Dien House Trading and Investment JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Khang Dien House Trading and Investment JSC's value of 1.53 is 117% above this benchmark. Historically, Khang Dien House Trading and Investment JSC's own Cyclically Adjusted PB Ratio has ranged from 1.53 to 5.28 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 0.71, Khang Dien House Trading and Investment 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 Real Estate company?
The median Cyclically Adjusted PB Ratio among Real Estate companies is 0.71, based on 1,440 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. Khang Dien House Trading and Investment JSC's current Cyclically Adjusted PB Ratio of 1.53 is 117% 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 Khang Dien House Trading and Investment JSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khang Dien House Trading and Investment JSC's current Cyclically Adjusted PB Ratio is 1.53, which is 47% below median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khang Dien House Trading and Investment JSC stock overvalued right now?
Based on GuruFocus' analysis, Khang Dien House Trading and Investment JSC (STC:KDH) is currently considered Possible Value Trap. The stock's GF Value™ is ₫36,485.70, compared to a current price of ₫18,450.00 — trading 49.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.53, which is 47% below median its 10-year median of 2.86 and 117% above the Real Estate industry median of 0.71. Khang Dien House Trading and Investment JSC's overall GF Score™ is 87/100 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 Khang Dien House Trading and Investment JSC (STC:KDH), the current Cyclically Adjusted PB Ratio is 1.53 as of Jul. 19, 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 Khang Dien House Trading and Investment JSC (STC:KDH) Overvalued in 2026?

Based on GuruFocus' analysis, Khang Dien House Trading and Investment JSC stock appears to be undervalued. The current stock price of ₫18,450.00 is trading 49.4% below its estimated GF Value™ of ₫36,485.70. GuruFocus considers Khang Dien House Trading and Investment JSC to be Possible Value Trap.

Key valuation signals for STC:KDH:

  • Cyclically Adjusted PB Ratio: 1.53 (47% below median its 10-year median of 2.86)
  • GF Value™: ₫36,485.70 vs. price of ₫18,450.00 (49.4% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 117% above the Real Estate median (#1128 of 1440)

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


Khang Dien House Trading and Investment JSC Business Description

Address 11th Floor Saigon Center, , Ben Nghe Ward, Suite 1 and 2, 67 Le Loi, District 1, Ho Chi Minh, VNM
Khang Dien House Trading and Investment JSC is a real estate company. It is engaged in the business of developing real estate and offering construction services. The company provides housing products under the Khang Dien brand. Geographically, the company operates within Vietnam.
87GF Score

Get the complete analysis for STC:KDH

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

₫18,450.00
Price
₫36,485.70
GF Value