Ba Ria – Vung Tau House Development JSC (STC:HDC) Cyclically Adjusted PS Ratio: 2.29 (As of Aug. 29, 2026) — 38% 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:HDC Ba Ria – Vung Tau House Development JSC STC:HDC
79 GF Score
Price ₫12,100.00
GF Value ₫24,136.96
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Ba Ria – Vung Tau House Development JSC Cyclically Adjusted PS Ratio?

Ba Ria – Vung Tau House Development JSC STC:HDC -1.63% 79 Cyclically Adjusted PS Ratio is 2.29 as of Aug. 29, 2026, which is 38% below its 10-year median of 3.67. GuruFocus rates STC:HDC with a GF Score™ of 79/100 and a GF Value™ of ₫24,136.96 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,360 Real Estate companies, Ba Ria – Vung Tau House Development JSC ranks worse than 56.91% on this metric.

As of today (2026-08-29), Ba Ria – Vung Tau House Development JSC's current share price is ₫12100.00. Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₫5,287.24. Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS Ratio for today is 2.29.

The historical rank and industry rank for Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS Ratio or its related term are showing as below:

STC:HDC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.67   Max: 6.34
Current: 2.3

During the past years, Ba Ria – Vung Tau House Development JSC's highest Cyclically Adjusted PS Ratio was 6.34. The lowest was 2.16. And the median was 3.67.

STC:HDC's Cyclically Adjusted PS Ratio is ranked worse than
56.91% of 1360 companies
in the Real Estate industry
Industry Median: 1.8 vs STC:HDC: 2.30

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ba Ria – Vung Tau House Development JSC's adjusted revenue per share data for the three months ended in Jun. 2026 was ₫411.145. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₫5,287.24 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ba Ria – Vung Tau House Development JSC  (STC:HDC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Ba Ria – Vung Tau House Development JSC Cyclically Adjusted PS Ratio Related Terms


Ba Ria – Vung Tau House Development JSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS 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.

Ba Ria – Vung Tau House Development JSC Cyclically Adjusted PS Ratio Chart

Ba Ria – Vung Tau House Development JSC Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 3.79 3.83

Ba Ria – Vung Tau House 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 PS 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 3.90 5.56 3.83 3.08 2.83

Ba Ria – Vung Tau House Development JSC Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Ba Ria – Vung Tau House Development JSC Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS Ratio falls into.


STC:HDC
79GF Score
Ba Ria – Vung Tau House Development JSC STC:HDC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ba Ria – Vung Tau House Development JSC Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12100.00/5287.24
=2.29

* 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.

Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ba Ria – Vung Tau House Development JSC's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=411.145/333.9520*333.9520
=411.145

Current CPI (Jun. 2026) = 333.9520.

Ba Ria – Vung Tau House Development JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 611.021 238.132 856.885
201606 343.743 241.018 476.287
201609 520.053 241.428 719.356
201612 1,010.160 241.432 1,397.267
201703 375.176 243.801 513.906
201706 378.540 244.955 516.071
201803 1,240.062 249.554 1,659.445
201806 939.943 251.989 1,245.673
201809 471.456 252.439 623.690
201812 1,114.880 251.233 1,481.957
201903 551.987 254.202 725.160
201906 933.611 256.143 1,217.216
201909 799.287 256.759 1,039.588
201912 1,715.424 256.974 2,229.289
202003 730.596 258.115 945.253
202006 1,018.191 257.797 1,318.972
202009 950.858 260.280 1,219.997
202012 1,403.378 260.474 1,799.262
202103 1,435.958 264.877 1,810.429
202106 1,663.808 271.696 2,045.050
202109 1,364.624 274.310 1,661.328
202112 2,098.529 278.802 2,513.640
202203 4,445.832 287.504 5,164.083
202206 4,230.017 296.311 4,767.365
202209 3,827.102 296.808 4,306.044
202212 897.281 296.797 1,009.609
202303 914.006 301.836 1,011.258
202306 602.647 305.109 659.617
202309 784.863 307.789 851.579
202312 893.587 306.746 972.841
202403 398.175 312.332 425.737
202406 746.563 314.175 793.558
202409 542.201 315.301 574.274
202412 718.496 315.605 760.264
202503 430.830 319.799 449.897
202506 349.234 322.561 361.567
202509 444.053 324.800 456.565
202512 763.076 324.054 786.384
202603 1,082.618 330.213 1,094.876
202606 411.145 333.952 411.145

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 2.29 mean?
Ba Ria – Vung Tau House Development JSC (STC:HDC) has a Cyclically Adjusted PS Ratio of 2.29 as of Aug. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ba Ria – Vung Tau House Development JSC and its competitors. This is 38% below median its historical median of 3.67. Over the past decade, Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS Ratio has ranged from 2.16 to 6.34. According to the industry distribution chart, Ba Ria – Vung Tau House Development JSC ranks #774 out of 1360 companies in the Real Estate industry, placing it in the top 56.9%.
Is Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS Ratio too high?
Ba Ria – Vung Tau House Development JSC's current Cyclically Adjusted PS Ratio of 2.29 is 38% below median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 6.34. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.80. Ba Ria – Vung Tau House Development JSC's value of 2.29 is 27.2% above this industry median. Based on the distribution chart, Ba Ria – Vung Tau House Development JSC ranks #774 out of 1360 companies in the Real Estate industry, which is below the industry midpoint. Overall, Ba Ria – Vung Tau House Development JSC has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ba Ria – Vung Tau House Development JSC's Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Ba Ria – Vung Tau House Development JSC ranks #774 out of 1360 companies for Cyclically Adjusted PS Ratio. This places Ba Ria – Vung Tau House Development JSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.80. Ba Ria – Vung Tau House Development JSC's value of 2.29 is 27.2% above this benchmark. Historically, Ba Ria – Vung Tau House Development JSC's own Cyclically Adjusted PS Ratio has ranged from 2.16 to 6.34 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 1.80, Ba Ria – Vung Tau House Development 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 PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.80, based on 1,360 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ba Ria – Vung Tau House Development JSC's current Cyclically Adjusted PS Ratio of 2.29 is 27.2% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Ba Ria – Vung Tau House Development JSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ba Ria – Vung Tau House Development JSC's current Cyclically Adjusted PS Ratio is 2.29, which is 38% below median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ba Ria – Vung Tau House Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Ba Ria – Vung Tau House Development JSC (STC:HDC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫24,136.96, compared to a current price of ₫12,100.00 — trading 49.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.29, which is 38% below median its 10-year median of 3.67 and 27.2% above the Real Estate industry median of 1.80. Ba Ria – Vung Tau House Development JSC's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Ba Ria – Vung Tau House Development JSC (STC:HDC), the current Cyclically Adjusted PS Ratio is 2.29 as of Aug. 29, 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 Ba Ria – Vung Tau House Development JSC (STC:HDC) Overvalued in 2026?

Based on GuruFocus' analysis, Ba Ria – Vung Tau House Development JSC stock appears to be undervalued. The current stock price of ₫12,100.00 is trading 49.9% below its estimated GF Value™ of ₫24,136.96. GuruFocus considers Ba Ria – Vung Tau House Development JSC to be Possible Value Trap.

Key valuation signals for STC:HDC:

  • Cyclically Adjusted PS Ratio: 2.29 (38% below median its 10-year median of 3.67)
  • GF Value™: ₫24,136.96 vs. price of ₫12,100.00 (49.9% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 27.2% above the Real Estate median (#774 of 1360)

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


Ba Ria – Vung Tau House Development JSC Business Description

Address 36 Nguyen Thai Hoc Street, 3rd Floor, HODECO Plaza, Ward 7, Vung Tau, VNM
Ba Ria - Vung Tau House Development JSC is engaged in real estate operations in Vietnam. It is involved in the construction of urban residential areas, industrial parks, and civil works; construction and installation of residential.
79GF Score

Get the complete analysis for STC:HDC

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

₫12,100.00
Price
₫24,136.96
GF Value