Vingroup JSC (STC:VIC) Cyclically Adjusted PS Ratio: 9.23 (As of Jul. 13, 2026) — 277% Above Median


STC:VIC Vingroup JSC STC:VIC
82 GF Score
Price ₫223,000.00
GF Value ₫59,800.42
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Vingroup JSC Cyclically Adjusted PS Ratio?

Vingroup JSC STC:VIC +0.90% 82 Cyclically Adjusted PS Ratio is 9.23 as of Jul. 13, 2026, which is 277% above its 10-year median of 2.45. GuruFocus rates STC:VIC with a GF Score™ of 82/100 and a GF Value™ of ₫59,800.42 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,360 Real Estate companies, Vingroup JSC ranks worse than 88.6% on this metric.

As of today (2026-07-13), Vingroup JSC's current share price is ₫223000.00. Vingroup JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₫24,167.91. Vingroup JSC's Cyclically Adjusted PS Ratio for today is 9.23.

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

STC:VIC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.45   Max: 9.43
Current: 9.23

During the past years, Vingroup JSC's highest Cyclically Adjusted PS Ratio was 9.43. The lowest was 1.09. And the median was 2.45.

STC:VIC's Cyclically Adjusted PS Ratio is ranked worse than
88.6% of 1360 companies
in the Real Estate industry
Industry Median: 1.845 vs STC:VIC: 9.23

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.

Vingroup JSC's adjusted revenue per share data for the three months ended in Mar. 2026 was ₫13,266.270. 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 ₫24,167.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vingroup JSC  (STC:VIC) 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.


Vingroup JSC Cyclically Adjusted PS Ratio Related Terms


Vingroup JSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vingroup 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.

Vingroup JSC Cyclically Adjusted PS Ratio Chart

Vingroup JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 1.93 1.38 1.09 7.44

Vingroup 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 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 1.46 2.34 4.14 7.44 5.59

STC:VIC vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Vingroup 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.


Vingroup JSC Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vingroup JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Vingroup JSC's Cyclically Adjusted PS Ratio falls into.


STC:VIC
82GF Score
Vingroup JSC STC:VIC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vingroup 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.

Vingroup JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=223000.00/24167.91
=9.23

* 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.

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

For example, Vingroup JSC's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=13266.27/330.2130*330.2130
=13,266.270

Current CPI (Mar. 2026) = 330.2130.

Vingroup JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1,385.600 241.018 1,898.377
201609 1,592.303 241.428 2,177.871
201612 3,432.538 241.432 4,694.774
201703 2,264.127 243.801 3,066.616
201706 2,997.518 244.955 4,040.821
201709 3,284.990 246.819 4,394.906
201712 4,806.941 246.524 6,438.782
201803 5,143.439 249.554 6,805.863
201806 4,820.228 251.989 6,316.553
201809 3,506.868 252.439 4,587.300
201812 5,643.305 251.233 7,417.388
201903 3,260.223 254.202 4,235.089
201906 5,772.787 256.143 7,442.129
201909 4,360.587 256.759 5,608.070
201912 5,272.843 256.974 6,775.632
202003 2,212.207 258.115 2,830.132
202006 3,226.323 257.797 4,132.607
202009 4,939.150 260.280 6,266.219
202012 4,930.257 260.474 6,250.278
202103 3,604.198 264.877 4,493.229
202106 5,795.037 271.696 7,043.153
202109 4,067.407 274.310 4,896.324
202112 4,706.035 278.802 5,573.826
202203 2,458.993 287.504 2,824.279
202206 1,804.090 296.311 2,010.502
202209 3,882.455 296.808 4,319.416
202212 5,597.351 296.797 6,227.550
202303 5,243.914 301.836 5,736.919
202306 6,373.522 305.109 6,897.928
202309 6,461.477 307.789 6,932.229
202312 3,658.729 306.746 3,938.633
202403 2,921.949 312.332 3,089.231
202406 5,689.085 314.175 5,979.501
202409 8,447.547 315.301 8,847.069
202412 8,353.782 315.605 8,740.443
202503 11,265.668 319.799 11,632.526
202506 6,225.374 322.561 6,373.056
202509 5,218.891 324.800 5,305.867
202512 21,758.242 324.054 22,171.781
202603 13,266.270 330.213 13,266.270

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 9.23 mean?
Vingroup JSC (STC:VIC) has a Cyclically Adjusted PS Ratio of 9.23 as of Jul. 13, 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 Vingroup JSC and its competitors. This is 277% above median its historical median of 2.45. Over the past decade, Vingroup JSC's Cyclically Adjusted PS Ratio has ranged from 1.09 to 9.43. According to the industry distribution chart, Vingroup JSC ranks #1205 out of 1360 companies in the Real Estate industry, placing it in the top 88.6%.
Is Vingroup JSC's Cyclically Adjusted PS Ratio too high?
Vingroup JSC's current Cyclically Adjusted PS Ratio of 9.23 is 277% above median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 9.43. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.85. Vingroup JSC's value of 9.23 is 400.3% above this industry median. Based on the distribution chart, Vingroup JSC ranks #1205 out of 1360 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 PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Vingroup JSC ranks #1205 out of 1360 companies for Cyclically Adjusted PS Ratio. This places Vingroup JSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.85. Vingroup JSC's value of 9.23 is 400.3% above this benchmark. Historically, Vingroup JSC's own Cyclically Adjusted PS Ratio has ranged from 1.09 to 9.43 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 1.85, 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 PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.85, 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. Vingroup JSC's current Cyclically Adjusted PS Ratio of 9.23 is 400.3% 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 Vingroup JSC and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vingroup JSC's current Cyclically Adjusted PS Ratio is 9.23, which is 277% above median its own 10-year median of 2.45. 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 ₫59,800.42, compared to a current price of ₫223,000.00 — trading 272.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 9.23, which is 277% above median its 10-year median of 2.45 and 400.3% above the Real Estate industry median of 1.85. Vingroup JSC's overall GF Score™ is 82/100 with 10 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 Vingroup JSC (STC:VIC), the current Cyclically Adjusted PS Ratio is 9.23 as of Jul. 13, 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 ₫223,000.00 is trading 272.9% above its estimated GF Value™ of ₫59,800.42. GuruFocus considers Vingroup JSC to be Significantly Overvalued.

Key valuation signals for STC:VIC:

  • Cyclically Adjusted PS Ratio: 9.23 (277% above median its 10-year median of 2.45)
  • GF Value™: ₫59,800.42 vs. price of ₫223,000.00 (272.9% above fair value)
  • GF Score™: 82/100 with 10 warning signs
  • Industry Position: 400.3% above the Real Estate median (#1205 of 1360)

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 Business Description

Address No. 7, Bang Lang 1 Street, Vinhomes Riverside Ecological Area, Viet Hung Ward, Long Bien District, Hanoi, VNM
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

Get the complete analysis for STC:VIC

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

₫223,000.00
Price
₫59,800.42
GF Value