Ocean Group JSC (STC:OGC) Cyclically Adjusted PB Ratio: 1.30 (As of Jul. 18, 2026) — 34% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:OGC Ocean Group JSC STC:OGC
63 GF Score
Price ₫2,530.00
GF Value ₫5,570.61
Valuation Possible Value Trap
! 4 Warning Signs
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What is Ocean Group JSC Cyclically Adjusted PB Ratio?

Ocean Group JSC STC:OGC -4.17% 63 Cyclically Adjusted PB Ratio is 1.30 as of Jul. 18, 2026, which is 34% below its 10-year median of 1.97. GuruFocus rates STC:OGC with a GF Score™ of 63/100 and a GF Value™ of ₫5,570.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 478 Conglomerates companies, Ocean Group JSC ranks worse than 59.41% on this metric.

As of today (2026-07-18), Ocean Group JSC's current share price is ₫2530.00. Ocean Group JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₫1,949.48. Ocean Group JSC's Cyclically Adjusted PB Ratio for today is 1.30.

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

STC:OGC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.97   Max: 4.17
Current: 1.41

During the past years, Ocean Group JSC's highest Cyclically Adjusted PB Ratio was 4.17. The lowest was 1.20. And the median was 1.97.

STC:OGC's Cyclically Adjusted PB Ratio is ranked worse than
59.41% of 478 companies
in the Conglomerates industry
Industry Median: 1.06 vs STC:OGC: 1.41

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.

Ocean Group JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ₫2,540.449. 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 ₫1,949.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ocean Group JSC  (STC:OGC) 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.


Ocean Group JSC Cyclically Adjusted PB Ratio Related Terms


Ocean Group JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ocean 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.

Ocean Group JSC Cyclically Adjusted PB Ratio Chart

Ocean 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 2.29 2.08 2.22 1.83 1.85

Ocean 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 2.09 1.73 2.02 1.85 1.54

STC:OGC vs HON, MMM: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Ocean 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.


Ocean Group JSC Cyclically Adjusted PB Ratio vs Conglomerates Industry

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

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


STC:OGC
63GF Score
Ocean Group JSC STC:OGC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2530.00/1949.48
=1.30

* 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.

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

For example, Ocean Group 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)
=2540.449/330.2130*330.2130
=2,540.449

Current CPI (Mar. 2026) = 330.2130.

Ocean Group JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 2,959.633 241.018 4,054.922
201609 3,017.323 241.428 4,126.942
201612 2,383.047 241.432 3,259.357
201703 2,167.768 243.801 2,936.104
201706 1,212.829 244.955 1,634.961
201709 1,278.604 246.819 1,710.612
201712 805.457 246.524 1,078.890
201803 867.819 249.554 1,148.309
201806 759.671 251.989 995.493
201809 889.401 252.439 1,163.417
201812 856.452 251.233 1,125.694
201903 927.371 254.202 1,204.672
201906 836.313 256.143 1,078.153
201909 883.307 256.759 1,136.005
201912 921.736 256.974 1,184.436
202003 1,668.144 258.115 2,134.099
202006 1,723.688 257.797 2,207.877
202009 1,529.733 260.280 1,940.747
202012 1,566.367 260.474 1,985.744
202103 1,536.390 264.877 1,915.364
202106 1,681.851 271.696 2,044.083
202109 1,830.820 274.310 2,203.932
202112 1,350.097 278.802 1,599.054
202203 1,538.080 287.504 1,766.563
202206 1,236.901 296.311 1,378.419
202209 1,488.147 296.808 1,655.634
202212 1,582.361 296.797 1,760.517
202303 1,458.315 301.836 1,595.418
202306 1,514.209 305.109 1,638.796
202309 1,788.175 307.789 1,918.453
202312 1,830.911 306.746 1,970.981
202403 1,828.122 312.332 1,932.782
202406 1,849.447 314.175 1,943.858
202409 1,878.532 315.301 1,967.376
202412 2,258.277 315.605 2,362.803
202503 2,256.741 319.799 2,330.230
202506 2,230.377 322.561 2,283.287
202509 2,485.212 324.800 2,526.630
202512 2,490.743 324.054 2,538.082
202603 2,540.449 330.213 2,540.449

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 1.30 mean?
Ocean Group JSC (STC:OGC) has a Cyclically Adjusted PB Ratio of 1.30 as of Jul. 18, 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 Ocean Group JSC and its competitors. This is 34% below median its historical median of 1.97. Over the past decade, Ocean Group JSC's Cyclically Adjusted PB Ratio has ranged from 1.20 to 4.17. According to the industry distribution chart, Ocean Group JSC ranks #284 out of 478 companies in the Conglomerates industry, placing it in the top 59.4%.
Is Ocean Group JSC's Cyclically Adjusted PB Ratio too high?
Ocean Group JSC's current Cyclically Adjusted PB Ratio of 1.30 is 34% below median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 4.17. The Conglomerates industry median Cyclically Adjusted PB Ratio is 1.06. Ocean Group JSC's value of 1.30 is 22.6% above this industry median. Based on the distribution chart, Ocean Group JSC ranks #284 out of 478 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Ocean Group JSC has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Group JSC's Cyclically Adjusted PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ocean Group JSC ranks #284 out of 478 companies for Cyclically Adjusted PB Ratio. This places Ocean Group JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.06. Ocean Group JSC's value of 1.30 is 22.6% above this benchmark. Historically, Ocean Group JSC's own Cyclically Adjusted PB Ratio has ranged from 1.20 to 4.17 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 1.06, Ocean 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 a Conglomerates company?
The median Cyclically Adjusted PB Ratio among Conglomerates companies is 1.06, based on 478 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. Ocean Group JSC's current Cyclically Adjusted PB Ratio of 1.30 is 22.6% 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 Ocean Group JSC and its competitors. For the Conglomerates industry, the median Cyclically Adjusted PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Group JSC's current Cyclically Adjusted PB Ratio is 1.30, which is 34% below median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Ocean Group JSC (STC:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫5,570.61, compared to a current price of ₫2,530.00 — trading 54.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.30, which is 34% below median its 10-year median of 1.97 and 22.6% above the Conglomerates industry median of 1.06. Ocean Group JSC's overall GF Score™ is 63/100 with 4 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 Ocean Group JSC (STC:OGC), the current Cyclically Adjusted PB Ratio is 1.30 as of Jul. 18, 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 Ocean Group JSC (STC:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Group JSC stock appears to be undervalued. The current stock price of ₫2,530.00 is trading 54.6% below its estimated GF Value™ of ₫5,570.61. GuruFocus considers Ocean Group JSC to be Possible Value Trap.

Key valuation signals for STC:OGC:

  • Cyclically Adjusted PB Ratio: 1.30 (34% below median its 10-year median of 1.97)
  • GF Value™: ₫5,570.61 vs. price of ₫2,530.00 (54.6% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 22.6% above the Conglomerates median (#284 of 478)

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


Ocean Group JSC Business Description

Address No. 643 Pham Van Dong, 23rd Floor, Leadvisors Tower Building, Nghia Do Ward, Hanoi, VNM
Ocean Group JSC is a Vietnam-based company mainly engaged in real estate trading and office leasing. The Group focuses its resources on three strategic business areas: real estate, high-end hospitality services, and food production and trading. It currently owns a diversified asset portfolio, including internationally standardized five-star hotels such as StarCity Nha Trang, Sunrise Nha Trang, and Dusit Le Palais Tu Hoa, as well as high-growth potential real estate projects like 25 Tran Khanh Du, StarCity Westlake at 10 Tran Vu, and Lega Fashion House. The majority of these properties are located in prime locations in Hanoi, Ho Chi Minh City, and key tourism cities.
63GF Score

Get the complete analysis for STC:OGC

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

₫2,530.00
Price
₫5,570.61
GF Value