Binh Duong Trade and Development JSC (STC:TDC) Cyclically Adjusted PB Ratio: 0.53 (As of Aug. 23, 2026) — 37% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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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
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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:TDC Binh Duong Trade and Development JSC STC:TDC
61 GF Score
Price ₫7,300.00
GF Value ₫20,666.80
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Binh Duong Trade and Development JSC Cyclically Adjusted PB Ratio?

Binh Duong Trade and Development JSC STC:TDC +0.27% 61 Cyclically Adjusted PB Ratio is 0.53 as of Aug. 23, 2026, which is 37% below its 10-year median of 0.84. GuruFocus rates STC:TDC with a GF Score™ of 61/100 and a GF Value™ of ₫20,666.80 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 296 Building Materials companies, Binh Duong Trade and Development JSC ranks better than 73.31% on this metric.

As of today (2026-08-23), Binh Duong Trade and Development JSC's current share price is ₫7300.00. Binh Duong Trade and Development JSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₫13,703.66. Binh Duong Trade and Development JSC's Cyclically Adjusted PB Ratio for today is 0.53.

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

STC:TDC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.84   Max: 2.3
Current: 0.53

During the past years, Binh Duong Trade and Development JSC's highest Cyclically Adjusted PB Ratio was 2.30. The lowest was 0.52. And the median was 0.84.

STC:TDC's Cyclically Adjusted PB Ratio is ranked better than
73.31% of 296 companies
in the Building Materials industry
Industry Median: 0.98 vs STC:TDC: 0.53

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.

Binh Duong Trade and Development JSC's adjusted book value per share data for the three months ended in Jun. 2026 was ₫13,571.223. 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 ₫13,703.66 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Binh Duong Trade and Development JSC  (STC:TDC) 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.


Binh Duong Trade and Development JSC Cyclically Adjusted PB Ratio Related Terms


Binh Duong Trade and Development JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Binh Duong Trade and 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.

Binh Duong Trade and Development JSC Cyclically Adjusted PB Ratio Chart

Binh Duong Trade and 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 2.24 0.75 0.74 0.87 0.88

Binh Duong Trade and Development JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.82 0.95 0.88 0.81 0.69

STC:TDC vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Binh Duong Trade and 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.


Binh Duong Trade and Development JSC Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Binh Duong Trade and Development JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Binh Duong Trade and Development JSC's Cyclically Adjusted PB Ratio falls into.


STC:TDC
61GF Score
Binh Duong Trade and Development JSC STC:TDC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Binh Duong Trade and 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.

Binh Duong Trade and Development JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7300.00/13703.66
=0.53

* 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.

Binh Duong Trade and Development JSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Binh Duong Trade and Development JSC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=13571.223/333.9520*333.9520
=13,571.223

Current CPI (Jun. 2026) = 333.9520.

Binh Duong Trade and Development JSC Quarterly Data

Book Value per Share CPI Adj_Book
201609 9,972.547 241.428 13,794.390
201612 11,935.377 241.432 16,509.175
201703 11,776.127 243.801 16,130.619
201706 9,993.911 244.955 13,624.897
201709 10,921.320 246.819 14,776.807
201712 12,069.346 246.524 16,349.655
201803 12,141.573 249.554 16,247.796
201806 10,913.426 251.989 14,463.173
201809 10,920.645 252.439 14,446.941
201812 12,015.791 251.233 15,972.016
201903 11,990.334 254.202 15,752.024
201906 10,738.144 256.143 14,000.088
201909 10,806.541 256.759 14,055.460
201912 11,790.549 256.974 15,322.474
202003 12,205.962 258.115 15,792.207
202006 11,110.475 257.797 14,392.585
202009 12,660.062 260.280 16,243.480
202012 12,549.878 260.474 16,090.116
202103 12,640.342 264.877 15,936.708
202106 12,345.681 271.696 15,174.551
202109 11,657.960 274.310 14,192.698
202112 12,507.814 278.802 14,981.993
202203 11,402.983 287.504 13,245.203
202206 12,533.442 296.311 14,125.591
202209 13,713.600 296.808 15,429.787
202212 11,734.739 296.797 13,203.771
202303 11,499.666 301.836 12,723.255
202306 8,490.743 305.109 9,293.402
202309 8,387.784 307.789 9,100.771
202312 7,649.459 306.746 8,327.907
202403 7,415.435 312.332 7,928.740
202406 8,144.996 314.175 8,657.715
202409 8,679.260 315.301 9,192.664
202412 10,895.638 315.605 11,529.032
202503 11,985.861 319.799 12,516.306
202506 14,756.572 322.561 15,277.689
202509 12,298.591 324.800 12,645.133
202512 13,254.089 324.054 13,658.926
202603 13,318.793 330.213 13,469.602
202606 13,571.223 333.952 13,571.223

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 0.53 mean?
Binh Duong Trade and Development JSC (STC:TDC) has a Cyclically Adjusted PB Ratio of 0.53 as of Aug. 23, 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 Binh Duong Trade and Development JSC and its competitors. This is 37% below median its historical median of 0.84. Over the past decade, Binh Duong Trade and Development JSC's Cyclically Adjusted PB Ratio has ranged from 0.52 to 2.30. According to the industry distribution chart, Binh Duong Trade and Development JSC ranks #79 out of 296 companies in the Building Materials industry, placing it in the top 26.7%.
Is Binh Duong Trade and Development JSC's Cyclically Adjusted PB Ratio too high?
Binh Duong Trade and Development JSC's current Cyclically Adjusted PB Ratio of 0.53 is 37% below median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.30. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.98. Binh Duong Trade and Development JSC's value of 0.53 is 45.9% below this industry median. Based on the distribution chart, Binh Duong Trade and Development JSC ranks #79 out of 296 companies in the Building Materials industry, which is above the industry midpoint. Overall, Binh Duong Trade and Development JSC has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Binh Duong Trade and Development JSC's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Binh Duong Trade and Development JSC ranks #79 out of 296 companies for Cyclically Adjusted PB Ratio. This puts Binh Duong Trade and Development JSC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Binh Duong Trade and Development JSC's value of 0.53 is 45.9% below this benchmark. Historically, Binh Duong Trade and Development JSC's own Cyclically Adjusted PB Ratio has ranged from 0.52 to 2.30 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.98, Binh Duong Trade and 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 Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.98, based on 296 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. Binh Duong Trade and Development JSC's current Cyclically Adjusted PB Ratio of 0.53 is 45.9% 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 Binh Duong Trade and Development JSC and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binh Duong Trade and Development JSC's current Cyclically Adjusted PB Ratio is 0.53, which is 37% below median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binh Duong Trade and Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Binh Duong Trade and Development JSC (STC:TDC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫20,666.80, compared to a current price of ₫7,300.00 — trading 64.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is 37% below median its 10-year median of 0.84 and 45.9% below the Building Materials industry median of 0.98. Binh Duong Trade and Development JSC's overall GF Score™ is 61/100 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 Binh Duong Trade and Development JSC (STC:TDC), the current Cyclically Adjusted PB Ratio is 0.53 as of Aug. 23, 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 Binh Duong Trade and Development JSC (STC:TDC) Overvalued in 2026?

Based on GuruFocus' analysis, Binh Duong Trade and Development JSC stock appears to be undervalued. The current stock price of ₫7,300.00 is trading 64.7% below its estimated GF Value™ of ₫20,666.80. GuruFocus considers Binh Duong Trade and Development JSC to be Possible Value Trap.

Key valuation signals for STC:TDC:

  • Cyclically Adjusted PB Ratio: 0.53 (37% below median its 10-year median of 0.84)
  • GF Value™: ₫20,666.80 vs. price of ₫7,300.00 (64.7% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 45.9% below the Building Materials median (#79 of 296)

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


Binh Duong Trade and Development JSC Business Description

Address No 26-27, Dong Khoi Street, Plot I, Hoa Phu Ward, Binh Duong, Thu Dau Mot, VNM
Binh Duong Trade and Development JSC is a Vietnam based company engaged in the business lines of Trading real estate business, Construction, Production of materials and Material business. The real estate projects of the company include luxury apartment, the ground, villas, shop house, social security housing projects and others.
61GF Score

Get the complete analysis for STC:TDC

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

₫7,300.00
Price
₫20,666.80
GF Value