Nam Long Investment (STC:NLG) Cyclically Adjusted PB Ratio: 1.19 (As of Jul. 19, 2026) — 41% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:NLG Nam Long Investment Corp STC:NLG
82 GF Score
Price ₫24,850.00
GF Value ₫41,336.07
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Nam Long Investment Cyclically Adjusted PB Ratio?

Nam Long Investment STC:NLG +0.20% 82 Cyclically Adjusted PB Ratio is 1.19 as of Jul. 19, 2026, which is 41% below its 10-year median of 2.02. GuruFocus rates STC:NLG with a GF Score™ of 82/100 and a GF Value™ of ₫41,336.07 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,440 Real Estate companies, Nam Long Investment ranks worse than 70.14% on this metric.

As of today (2026-07-19), Nam Long Investment's current share price is ₫24850.00. Nam Long Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫20,919.57. Nam Long Investment's Cyclically Adjusted PB Ratio for today is 1.19.

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

STC:NLG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.02   Max: 4.73
Current: 1.19

During the past years, Nam Long Investment's highest Cyclically Adjusted PB Ratio was 4.73. The lowest was 1.19. And the median was 2.02.

STC:NLG's Cyclically Adjusted PB Ratio is ranked worse than
70.14% of 1440 companies
in the Real Estate industry
Industry Median: 0.705 vs STC:NLG: 1.19

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.

Nam Long Investment's adjusted book value per share data for the three months ended in Mar. 2026 was ₫26,243.433. 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 ₫20,919.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nam Long Investment  (STC:NLG) 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.


Nam Long Investment Cyclically Adjusted PB Ratio Related Terms


Nam Long Investment Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nam Long Investment'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.

Nam Long Investment Cyclically Adjusted PB Ratio Chart

Nam Long Investment 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 4.49 1.91 2.03 1.83 1.51

Nam Long Investment 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 1.67 1.86 1.94 1.51 1.39

Nam Long Investment Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Nam Long Investment'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.


Nam Long Investment Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nam Long Investment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STC:NLG
82GF Score
Nam Long Investment Corp STC:NLG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nam Long Investment 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.

Nam Long Investment's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24850.00/20919.57
=1.19

* 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.

Nam Long Investment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nam Long Investment'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)
=26243.433/330.2130*330.2130
=26,243.433

Current CPI (Mar. 2026) = 330.2130.

Nam Long Investment Quarterly Data

Book Value per Share CPI Adj_Book
201606 9,107.479 241.018 12,477.939
201609 9,155.551 241.428 12,522.499
201612 9,713.074 241.432 13,284.831
201703 9,678.939 243.801 13,109.509
201706 11,761.177 244.955 15,854.722
201709 10,818.216 246.819 14,473.422
201712 11,346.667 246.524 15,198.589
201803 12,445.462 249.554 16,467.992
201806 12,656.336 251.989 16,585.195
201809 14,180.668 252.439 18,549.594
201812 14,105.338 251.233 18,539.626
201903 14,551.689 254.202 18,902.907
201906 13,652.640 256.143 17,600.634
201909 14,663.912 256.759 18,858.986
201912 16,036.532 256.974 20,607.032
202003 16,385.940 258.115 20,962.944
202006 16,051.595 257.797 20,560.539
202009 17,680.558 260.280 22,431.036
202012 17,720.978 260.474 22,465.572
202103 19,346.935 264.877 24,119.155
202106 18,952.996 271.696 23,035.031
202109 21,202.322 274.310 25,523.249
202112 21,567.297 278.802 25,544.300
202203 21,266.647 287.504 24,425.828
202206 20,889.472 296.311 23,279.511
202209 20,908.668 296.808 23,261.886
202212 21,649.110 296.797 24,086.556
202303 21,538.333 301.836 23,563.251
202306 21,721.635 305.109 23,508.865
202309 21,881.264 307.789 23,475.426
202312 22,555.102 306.746 24,280.636
202403 22,370.379 312.332 23,651.083
202406 22,175.282 314.175 23,307.285
202409 22,049.386 315.301 23,092.200
202412 23,238.890 315.605 24,314.518
202503 23,506.307 319.799 24,271.771
202506 23,226.066 322.561 23,777.050
202509 23,576.656 324.800 23,969.576
202512 26,102.461 324.054 26,598.567
202603 26,243.433 330.213 26,243.433

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 1.19 mean?
Nam Long Investment (STC:NLG) has a Cyclically Adjusted PB Ratio of 1.19 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 Nam Long Investment and its competitors. This is 41% below median its historical median of 2.02. Over the past decade, Nam Long Investment's Cyclically Adjusted PB Ratio has ranged from 1.19 to 4.73. According to the industry distribution chart, Nam Long Investment ranks #1010 out of 1440 companies in the Real Estate industry, placing it in the top 70.1%.
Is Nam Long Investment's Cyclically Adjusted PB Ratio too high?
Nam Long Investment's current Cyclically Adjusted PB Ratio of 1.19 is 41% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 4.73. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.71. Nam Long Investment's value of 1.19 is 68.8% above this industry median. Based on the distribution chart, Nam Long Investment ranks #1010 out of 1440 companies in the Real Estate industry, which is below the industry midpoint. Overall, Nam Long Investment has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nam Long Investment's Cyclically Adjusted PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Nam Long Investment ranks #1010 out of 1440 companies for Cyclically Adjusted PB Ratio. This places Nam Long Investment in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.71. Nam Long Investment's value of 1.19 is 68.8% above this benchmark. Historically, Nam Long Investment's own Cyclically Adjusted PB Ratio has ranged from 1.19 to 4.73 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 0.71, Nam Long Investment 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. Nam Long Investment's current Cyclically Adjusted PB Ratio of 1.19 is 68.8% 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 Nam Long Investment 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. Nam Long Investment's current Cyclically Adjusted PB Ratio is 1.19, which is 41% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Long Investment stock overvalued right now?
Based on GuruFocus' analysis, Nam Long Investment (STC:NLG) is currently considered Possible Value Trap. The stock's GF Value™ is ₫41,336.07, compared to a current price of ₫24,850.00 — trading 39.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.19, which is 41% below median its 10-year median of 2.02 and 68.8% above the Real Estate industry median of 0.71. Nam Long Investment's overall GF Score™ is 82/100 with 7 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 Nam Long Investment (STC:NLG), the current Cyclically Adjusted PB Ratio is 1.19 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 Nam Long Investment (STC:NLG) Overvalued in 2026?

Based on GuruFocus' analysis, Nam Long Investment stock appears to be undervalued. The current stock price of ₫24,850.00 is trading 39.9% below its estimated GF Value™ of ₫41,336.07. GuruFocus considers Nam Long Investment to be Possible Value Trap.

Key valuation signals for STC:NLG:

  • Cyclically Adjusted PB Ratio: 1.19 (41% below median its 10-year median of 2.02)
  • GF Value™: ₫41,336.07 vs. price of ₫24,850.00 (39.9% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 68.8% above the Real Estate median (#1010 of 1440)

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


Nam Long Investment Business Description

Address Nguyen Khac Vien Street, No. 6, 11th Floor, Capital Tower, Tan Phu Ward, District 7, Ho Chi Minh, VNM
Nam Long Investment Corp is a Vietnam-based company real estate company engaged in civil and industrial construction; housing renovation; interior decoration; housing trade; road and bridge construction; construction of drainage systems; and other related activities. The company also develops land banks and housing projects, and is also involved in the management and exploitation of commercial real estate properties.
82GF Score

Get the complete analysis for STC:NLG

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

₫24,850.00
Price
₫41,336.07
GF Value