Vietnam Dairy Products JSC (STC:VNM) Cyclically Adjusted PS Ratio: 1.92 (As of Jul. 23, 2026) — 26% Below Median

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STC:VNM Vietnam Dairy Products JSC STC:VNM
84 GF Score
Price ₫59,100.00
GF Value ₫72,632.47
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vietnam Dairy Products JSC Cyclically Adjusted PS Ratio?

Vietnam Dairy Products JSC STC:VNM +1.20% 84 Cyclically Adjusted PS Ratio is 1.92 as of Jul. 23, 2026, which is 26% below its 10-year median of 2.61. GuruFocus rates STC:VNM with a GF Score™ of 84/100 and a GF Value™ of ₫72,632.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,448 Consumer Packaged Goods companies, Vietnam Dairy Products JSC ranks worse than 77.07% on this metric.

As of today (2026-07-23), Vietnam Dairy Products JSC's current share price is ₫59100.00. Vietnam Dairy Products JSC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₫30,772.97. Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio for today is 1.92.

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

STC:VNM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.78   Med: 2.61   Max: 5.38
Current: 1.92

During the past years, Vietnam Dairy Products JSC's highest Cyclically Adjusted PS Ratio was 5.38. The lowest was 1.78. And the median was 2.61.

STC:VNM's Cyclically Adjusted PS Ratio is ranked worse than
77.07% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs STC:VNM: 1.92

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.

Vietnam Dairy Products JSC's adjusted revenue per share data for the three months ended in Mar. 2026 was ₫7,726.797. 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 ₫30,772.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vietnam Dairy Products JSC  (STC:VNM) 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.


Vietnam Dairy Products JSC Cyclically Adjusted PS Ratio Related Terms


Vietnam Dairy Products JSC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vietnam Dairy Products 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.

Vietnam Dairy Products JSC Cyclically Adjusted PS Ratio Chart

Vietnam Dairy Products 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 3.68 2.92 2.44 2.18 2.03

Vietnam Dairy Products 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 2.06 1.94 2.00 2.03 1.97

STC:VNM vs KHC, GIS: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Vietnam Dairy Products 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.


Vietnam Dairy Products JSC Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


STC:VNM
84GF Score
Vietnam Dairy Products JSC STC:VNM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vietnam Dairy Products 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.

Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=59100.00/30772.97
=1.92

* 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.

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

For example, Vietnam Dairy Products 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)
=7726.797/330.2130*330.2130
=7,726.797

Current CPI (Mar. 2026) = 330.2130.

Vietnam Dairy Products JSC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5,422.851 241.018 7,429.719
201609 5,253.986 241.428 7,186.136
201612 5,649.169 241.432 7,726.519
201703 5,765.127 243.801 7,808.499
201706 5,767.186 244.955 7,774.488
201709 5,719.913 246.819 7,652.529
201712 5,909.649 246.524 7,915.833
201803 5,799.780 249.554 7,674.342
201806 5,931.294 251.989 7,772.523
201809 5,914.994 252.439 7,737.346
201812 5,603.215 251.233 7,364.695
201903 6,311.606 254.202 8,198.890
201906 6,299.590 256.143 8,121.270
201909 6,130.305 256.759 7,884.072
201912 6,144.409 256.974 7,895.599
202003 6,772.969 258.115 8,664.829
202006 6,668.816 257.797 8,542.108
202009 6,691.296 260.280 8,489.138
202012 6,902.905 260.474 8,751.081
202103 6,311.569 264.877 7,868.415
202106 6,719.215 271.696 8,166.378
202109 6,985.142 274.310 8,408.679
202112 7,569.076 278.802 8,964.811
202203 6,640.251 287.504 7,626.667
202206 6,286.111 296.311 7,005.327
202209 6,891.014 296.808 7,666.580
202212 7,210.038 296.797 8,021.807
202303 6,659.661 301.836 7,285.767
202306 6,454.380 305.109 6,985.439
202309 6,688.336 307.789 7,175.615
202312 6,708.083 306.746 7,221.272
202403 6,752.495 312.332 7,139.075
202406 7,097.721 314.175 7,460.045
202409 6,671.274 315.301 6,986.789
202412 6,617.468 315.605 6,923.762
202503 6,199.917 319.799 6,401.812
202506 7,069.440 322.561 7,237.146
202509 7,273.053 324.800 7,394.263
202512 7,334.275 324.054 7,473.671
202603 7,726.797 330.213 7,726.797

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 1.92 mean?
Vietnam Dairy Products JSC (STC:VNM) has a Cyclically Adjusted PS Ratio of 1.92 as of Jul. 23, 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 Vietnam Dairy Products JSC and its competitors. This is 26% below median its historical median of 2.61. Over the past decade, Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio has ranged from 1.78 to 5.38. According to the industry distribution chart, Vietnam Dairy Products JSC ranks #1116 out of 1448 companies in the Consumer Packaged Goods industry, placing it in the top 77.1%.
Is Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio too high?
Vietnam Dairy Products JSC's current Cyclically Adjusted PS Ratio of 1.92 is 26% below median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 5.38. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Vietnam Dairy Products JSC's value of 1.92 is 152.6% above this industry median. Based on the distribution chart, Vietnam Dairy Products JSC ranks #1116 out of 1448 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Vietnam Dairy Products JSC has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Dairy Products JSC's Cyclically Adjusted PS Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Vietnam Dairy Products JSC ranks #1116 out of 1448 companies for Cyclically Adjusted PS Ratio. This places Vietnam Dairy Products JSC in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Vietnam Dairy Products JSC's value of 1.92 is 152.6% above this benchmark. Historically, Vietnam Dairy Products JSC's own Cyclically Adjusted PS Ratio has ranged from 1.78 to 5.38 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 0.76, Vietnam Dairy Products 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,448 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. Vietnam Dairy Products JSC's current Cyclically Adjusted PS Ratio of 1.92 is 152.6% 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 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 Vietnam Dairy Products JSC and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Dairy Products JSC's current Cyclically Adjusted PS Ratio is 1.92, which is 26% below median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Dairy Products JSC stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Dairy Products JSC (STC:VNM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫72,632.47, compared to a current price of ₫59,100.00 — trading 18.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.92, which is 26% below median its 10-year median of 2.61 and 152.6% above the Consumer Packaged Goods industry median of 0.76. Vietnam Dairy Products JSC's overall GF Score™ is 84/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Vietnam Dairy Products JSC (STC:VNM), the current Cyclically Adjusted PS Ratio is 1.92 as of Jul. 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 Vietnam Dairy Products JSC (STC:VNM) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Dairy Products JSC stock appears to be undervalued. The current stock price of ₫59,100.00 is trading 18.6% below its estimated GF Value™ of ₫72,632.47. GuruFocus considers Vietnam Dairy Products JSC to be Modestly Undervalued.

Key valuation signals for STC:VNM:

  • Cyclically Adjusted PS Ratio: 1.92 (26% below median its 10-year median of 2.61)
  • GF Value™: ₫72,632.47 vs. price of ₫59,100.00 (18.6% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 152.6% above the Consumer Packaged Goods median (#1116 of 1448)

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


Vietnam Dairy Products JSC Business Description

Other Exchanges VNM19:Thailand
Address No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM
Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.
84GF Score

Get the complete analysis for STC:VNM

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

₫59,100.00
Price
₫72,632.47
GF Value