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Vingroup JSCSTC:VIC +1.49%82 Cyclically Adjusted PB Ratio is 14.32 as of Aug. 23, 2026, which is 237% above its 10-year median of 4.25. GuruFocus rates STC:VIC with a GF Score™ of 82/100 and a GF Value™ of ₫66,774.23 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,352 Real Estate companies, Vingroup JSC ranks worse than 99.11% on this metric.
The historical rank and industry rank for Vingroup JSC's Cyclically Adjusted PB Ratio or its related term are showing as below:
STC:VIC'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.77 Med: 4.25 Max: 16.6
Current: 14.32
During the past years, Vingroup JSC's highest Cyclically Adjusted PB Ratio was 16.60. The lowest was 1.77. And the median was 4.25.
STC:VIC's Cyclically Adjusted PB Ratio is ranked worse than 99.11% of 1352
companies
in the Real Estate industry
Industry Median: 0.675
vs STC:VIC: 14.32
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.
Vingroup JSC's adjusted book value per share data for the three months ended in Jun. 2026 was ₫22,621.730. 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 ₫14,319.58 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Vingroup JSC (STC:VIC) 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.
Vingroup JSC Cyclically Adjusted PB Ratio Related Terms
Vingroup JSC Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Vingroup 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.
STC:VIC vs CBRE, BEKE, JLL: Cyclically Adjusted PB Ratio Comparison
For the Real Estate Services subindustry, Vingroup 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.
Vingroup JSC Cyclically Adjusted PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Vingroup JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Vingroup JSC's Cyclically Adjusted PB Ratio falls into.
Vingroup 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.
Vingroup JSC's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 14.32 mean?
Vingroup JSC (STC:VIC) has a Cyclically Adjusted PB Ratio of 14.32 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 Vingroup JSC and its competitors. This is 237% above median its historical median of 4.25. Over the past decade, Vingroup JSC's Cyclically Adjusted PB Ratio has ranged from 1.77 to 16.60. According to the industry distribution chart, Vingroup JSC ranks #1340 out of 1352 companies in the Real Estate industry, placing it in the top 99.1%.
Is Vingroup JSC's Cyclically Adjusted PB Ratio too high?
Vingroup JSC's current Cyclically Adjusted PB Ratio of 14.32 is 237% above median its 10-year median of 4.25. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 16.60. The Real Estate industry median Cyclically Adjusted PB Ratio is 0.68. Vingroup JSC's value of 14.32 is 2021.5% above this industry median. Based on the distribution chart, Vingroup JSC ranks #1340 out of 1352 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Vingroup JSC has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vingroup JSC's Cyclically Adjusted PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Vingroup JSC ranks #1340 out of 1352 companies for Cyclically Adjusted PB Ratio. This places Vingroup JSC in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.68. Vingroup JSC's value of 14.32 is 2021.5% above this benchmark. Historically, Vingroup JSC's own Cyclically Adjusted PB Ratio has ranged from 1.77 to 16.60 over the past decade. While the company's 10-year median is 4.25 vs. the industry median of 0.68, Vingroup 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 0.68, based on 1,352 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. Vingroup JSC's current Cyclically Adjusted PB Ratio of 14.32 is 2021.5% 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 Vingroup JSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PB Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vingroup JSC's current Cyclically Adjusted PB Ratio is 14.32, which is 237% above median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vingroup JSC stock overvalued right now?
Based on GuruFocus' analysis, Vingroup JSC (STC:VIC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫66,774.23, compared to a current price of ₫205,000.00 — trading 207% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 14.32, which is 237% above median its 10-year median of 4.25 and 2021.5% above the Real Estate industry median of 0.68. Vingroup JSC's overall GF Score™ is 82/100 with 5 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 Vingroup JSC (STC:VIC), the current Cyclically Adjusted PB Ratio is 14.32 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 Vingroup JSC (STC:VIC) Overvalued in 2026?
Based on GuruFocus' analysis, Vingroup JSC stock appears to be overvalued.
The current stock price of ₫205,000.00 is trading 207% above its estimated GF Value™ of ₫66,774.23.
GuruFocus considers Vingroup JSC to be Significantly Overvalued.
Key valuation signals for STC:VIC:
Cyclically Adjusted PB Ratio: 14.32 (237% above median its 10-year median of 4.25)
GF Value™: ₫66,774.23 vs. price of ₫205,000.00 (207% above fair value)
Industry Position: 2021.5% above the Real Estate median (#1340 of 1352)
No single metric tells the full story. See the STC:VIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vingroup JSC is a Vietnam-based company engaged in construction and provides retail outlets, commercial offices for lease, residential units for lease and sale. It also carries out investment activities, to provide the management service and to conduct other businesses. The company operates through the segments of Sale of inventory properties, Leasing investment properties and related services, Hospitality, entertainment and other services, Health care and related services, Education services, Retail services, Manufacturing activities, and Others. The company generates the majority of its revenue from Sale of inventory properties including developing and trading apartments and villas at real estate projects of the group.
82GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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