Ho Chi Minh City Securities (STC:HCM) E10: ₫1,112.48 (As of Jun. 2026)

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STC:HCM Ho Chi Minh City Securities Corp STC:HCM
70 GF Score
Price ₫26,500.00
GF Value ₫29,248.08
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Ho Chi Minh City Securities E10?

Ho Chi Minh City Securities STC:HCM 70 E10 is ₫1,112.48 as of Jun. 2026. GuruFocus rates STC:HCM with a GF Score™ of 70/100 and a GF Value™ of ₫29,248.08 (Fairly Valued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ho Chi Minh City Securities's adjusted earnings per share data for the three months ended in Jun. 2026 was ₫252.951. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₫1,112.48 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ho Chi Minh City Securities's average E10 Growth Rate was 11.90% per year. During the past 3 years, the average E10 Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Ho Chi Minh City Securities was 10.10% per year. The lowest was 9.50% per year. And the median was 9.80% per year.

As of today (2026-08-12), Ho Chi Minh City Securities's current stock price is ₫26500.00. Ho Chi Minh City Securities's E10 for the quarter that ended in Jun. 2026 was ₫1,112.48. Ho Chi Minh City Securities's Shiller PE Ratio of today is 23.82.

During the past 13 years, the highest Shiller PE Ratio of Ho Chi Minh City Securities was 37.60. The lowest was 11.75. And the median was 22.82.


Ho Chi Minh City Securities  (STC:HCM) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ho Chi Minh City Securities's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26500.00/1112.48
=23.82

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Ho Chi Minh City Securities was 37.60. The lowest was 11.75. And the median was 22.82.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Ho Chi Minh City Securities E10 Related Terms


Ho Chi Minh City Securities E10 Historical Data

* Premium members only.

The historical data trend for Ho Chi Minh City Securities's E10 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.

Ho Chi Minh City Securities E10 Chart

Ho Chi Minh City Securities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 706.90 804.33 859.08 944.56 1,055.49

Ho Chi Minh City Securities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 993.89 1,041.23 1,055.49 1,090.31 1,112.48

STC:HCM vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, Ho Chi Minh City Securities's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Ho Chi Minh City Securities Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ho Chi Minh City Securities's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ho Chi Minh City Securities's Shiller PE Ratio falls into.


STC:HCM
70GF Score
Ho Chi Minh City Securities Corp STC:HCM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ho Chi Minh City Securities E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Ho Chi Minh City Securities's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=252.951/333.9520*333.9520
=252.951

Current CPI (Jun. 2026) = 333.9520.

Ho Chi Minh City Securities Quarterly Data

per share eps CPI Adj_EPS
201609 110.976 241.428 153.506
201612 102.791 241.432 142.182
201703 126.260 243.801 172.948
201706 182.005 244.955 248.131
201709 181.311 246.819 245.318
201712 247.899 246.524 335.815
201803 432.219 249.554 578.393
201806 196.041 251.989 259.806
201809 175.094 252.439 231.632
201812 96.028 251.233 127.645
201903 109.144 254.202 143.385
201906 146.292 256.143 190.731
201909 148.982 256.759 193.773
201912 168.391 256.974 218.833
202003 133.627 258.115 172.888
202006 198.823 257.797 257.557
202009 188.163 260.280 241.422
202012 181.880 260.474 233.187
202103 426.280 264.877 537.446
202106 375.120 271.696 461.074
202109 421.837 274.310 513.555
202112 259.392 278.802 310.702
202203 327.974 287.504 380.960
202206 324.000 296.311 365.158
202209 191.498 296.808 215.463
202212 145.378 296.797 163.577
202303 143.552 301.836 158.826
202306 182.359 305.109 199.598
202309 248.355 307.789 269.466
202312 207.963 306.746 226.408
202403 420.269 312.332 449.361
202406 355.282 314.175 377.647
202409 252.149 315.301 267.064
202412 251.707 315.605 266.339
202503 251.344 319.799 262.467
202506 213.261 322.561 220.792
202509 488.378 324.800 502.139
202512 295.372 324.054 304.394
202603 269.196 330.213 272.244
202606 252.951 333.952 252.951

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₫1,112.48 mean?
Ho Chi Minh City Securities (STC:HCM) has a E10 of ₫1,112.48 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ho Chi Minh City Securities and its competitors.
Is Ho Chi Minh City Securities' E10 too high?
Ho Chi Minh City Securities' current E10 is ₫1,112.48. Overall, Ho Chi Minh City Securities has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ho Chi Minh City Securities' E10 compare to MS and GS?
Ho Chi Minh City Securities' E10 of ₫1,112.48 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Capital Markets company?
A good E10 depends on the Capital Markets industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ho Chi Minh City Securities and its competitors. Ho Chi Minh City Securities's current E10 is ₫1,112.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Chi Minh City Securities stock overvalued right now?
Based on GuruFocus' analysis, Ho Chi Minh City Securities (STC:HCM) is currently considered Fairly Valued. The stock's GF Value™ is ₫29,248.08, compared to a current price of ₫26,500.00 — trading 9.4% below its estimated fair value. The current E10 is ₫1,112.48. Ho Chi Minh City Securities' overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Ho Chi Minh City Securities (STC:HCM), the current E10 is ₫1,112.48 as of Jun. 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 Ho Chi Minh City Securities (STC:HCM) Overvalued in 2026?

Based on GuruFocus' analysis, Ho Chi Minh City Securities stock appears to be undervalued. The current stock price of ₫26,500.00 is trading 9.4% below its estimated GF Value™ of ₫29,248.08. GuruFocus considers Ho Chi Minh City Securities to be Fairly Valued.

Key valuation signals for STC:HCM:

  • E10: ₫1,112.48
  • GF Value™: ₫29,248.08 vs. price of ₫26,500.00 (9.4% below fair value)
  • GF Score™: 70/100 with 7 warning signs

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


Ho Chi Minh City Securities Business Description

Address 76A Le Lai street, Level 2,5,6,7,11 & 12 AB Tower, Ben Thanh Ward, District 1, Ho Chi Minh, VNM
Ho Chi Minh City Securities Corporation is a professional securities brokerage firm in Vietnam. It provides a comprehensive suite of financial services to institutional & private clients. The company focuses on professional investment advisory services backed by a highly recognized research team.
70GF Score

Get the complete analysis for STC:HCM

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫26,500.00
Price
₫29,248.08
GF Value