Southern Gas Trading JSC (HSTC:PGS) Graham Number: ₫39,606.84 (As of Mar. 2026)

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.

HSTC:PGS Southern Gas Trading JSC HSTC:PGS
66 GF Score
Price ₫73,900.00
GF Value ₫34,372.68
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Southern Gas Trading JSC Graham Number?

Southern Gas Trading JSC HSTC:PGS -2.76% 66 Graham Number is ₫39,606.84 as of Mar. 2026. GuruFocus rates HSTC:PGS with a GF Score™ of 66/100 and a GF Value™ of ₫34,372.68 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 631 Oil & Gas companies, Southern Gas Trading JSC ranks worse than 85.58% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-09-15), the stock price of Southern Gas Trading JSC is ₫73900.00. Southern Gas Trading JSC's graham number for the quarter that ended in Mar. 2026 was ₫39,606.84. Therefore, Southern Gas Trading JSC's Price to Graham Number ratio for today is 3.02.

The historical rank and industry rank for Southern Gas Trading JSC's Graham Number or its related term are showing as below:

HSTC:PGS' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.37   Med: 1.07   Max: 2.38
Current: 2.31

During the past 13 years, the highest Price to Graham Number ratio of Southern Gas Trading JSC was 2.38. The lowest was 0.37. And the median was 1.07.

HSTC:PGS's Price-to-Graham-Number is ranked worse than
85.58% of 631 companies
in the Oil & Gas industry
Industry Median: 1.1 vs HSTC:PGS: 2.31

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Southern Gas Trading JSC  (HSTC:PGS) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Southern Gas Trading JSC's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=73900.00/24,458.95
=3.02

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Southern Gas Trading JSC Graham Number Related Terms


Southern Gas Trading JSC Graham Number Historical Data

* Premium members only.

The historical data trend for Southern Gas Trading JSC's Graham Number 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.

Southern Gas Trading JSC Graham Number Chart

Southern Gas Trading JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,680.50 27,690.92 29,039.69 30,565.86 30,452.32

Southern Gas Trading JSC Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Graham Number 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 35,678.24 37,848.13 39,423.41 39,051.63 39,606.84

HSTC:PGS vs XOM, CVX: Graham Number Comparison

For the Oil & Gas Integrated subindustry, Southern Gas Trading JSC's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.


Southern Gas Trading JSC Price-to-Graham-Number vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southern Gas Trading JSC's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Southern Gas Trading JSC's Price-to-Graham-Number falls into.


HSTC:PGS
66GF Score
Southern Gas Trading JSC HSTC:PGS
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Gas Trading JSC Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Southern Gas Trading JSC's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*19814.081*2080.1004528829)
=30,452.32

Southern Gas Trading JSC's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*20405.572*1303)
=24,458.95

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of ₫39,606.84 mean?
Southern Gas Trading JSC (HSTC:PGS) has a Graham Number of ₫39,606.84 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Southern Gas Trading JSC and its competitors. According to the industry distribution chart, Southern Gas Trading JSC ranks #540 out of 631 companies in the Oil & Gas industry, placing it in the top 85.6%.
Is Southern Gas Trading JSC's Graham Number too high?
Southern Gas Trading JSC's current Graham Number is ₫39,606.84. Based on the distribution chart, Southern Gas Trading JSC ranks #540 out of 631 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Southern Gas Trading JSC has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Gas Trading JSC's Graham Number compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Southern Gas Trading JSC ranks #540 out of 631 companies for Graham Number. This places Southern Gas Trading JSC in the lower half of its industry. The industry median Graham Number is 1.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for an Oil & Gas company?
The median Graham Number among Oil & Gas companies is 1.10, based on 631 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Southern Gas Trading JSC and its competitors. For the Oil & Gas industry, the median Graham Number is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Gas Trading JSC's current Graham Number is ₫39,606.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Gas Trading JSC stock overvalued right now?
Based on GuruFocus' analysis, Southern Gas Trading JSC (HSTC:PGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫34,372.68, compared to a current price of ₫73,900.00 — trading 115% above its estimated fair value. The current Graham Number is ₫39,606.84. Southern Gas Trading JSC's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Southern Gas Trading JSC (HSTC:PGS), the current Graham Number is ₫39,606.84 as of Mar. 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 Southern Gas Trading JSC (HSTC:PGS) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Gas Trading JSC stock appears to be overvalued. The current stock price of ₫73,900.00 is trading 115% above its estimated GF Value™ of ₫34,372.68. GuruFocus considers Southern Gas Trading JSC to be Significantly Overvalued.

Key valuation signals for HSTC:PGS:

  • Graham Number: ₫39,606.84
  • GF Value™: ₫34,372.68 vs. price of ₫73,900.00 (115% above fair value)
  • GF Score™: 66/100 with 8 warning signs

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


Southern Gas Trading JSC Business Description

Industry EnergyOil & Gas
Address No 1-5 Le Duan Street, 4th Floor, PetroVietnam Tower, Ben Nghe Ward, District 1, Ho Chi Minh City, VNM
Southern Gas Trading JSC is engaged in the retail of liquefied petroleum gas (LPG), compressed natural gas (CNG), and liquefied natural gas (LNG); electricity production, transmission, and distribution; production of metal containers for compressed and liquefied petroleum gas; repair, maintenance, and operation of LPG, CNG, and LNG tanks, pipelines, storage facilities, machinery, and equipment; architectural, technical, construction, and investment consultancy activities for LPG, LNG, and CNG projects and systems; and completion of construction projects. Its products and services include Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), LPG Cylinder, and Certificate of Liability Insurance.
66GF Score

Get the complete analysis for HSTC:PGS

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

₫73,900.00
Price
₫34,372.68
GF Value