Ton Dong A (HSTC:GDA) PB Ratio: 0.49 (As of Jul. 16, 2026) — 31% 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.
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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:GDA Ton Dong A Corp HSTC:GDA
62 GF Score
Price ₫13,000.00
GF Value ₫16,702.61
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ton Dong A PB Ratio?

Ton Dong A HSTC:GDA 62 PB Ratio is 0.49 as of Jul. 16, 2026, which is 31% below its 10-year median of 0.71. GuruFocus rates HSTC:GDA with a GF Score™ of 62/100 and a GF Value™ of ₫16,702.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 609 Steel companies, Ton Dong A ranks better than 75.86% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-16), Ton Dong A's share price is ₫13000.00. Ton Dong A's Book Value per Share for the quarter that ended in Mar. 2026 was ₫26,613.61. Hence, Ton Dong A's PB Ratio of today is 0.49.

Good Sign:

Ton Dong A Corp stock PB Ratio (=0.5) is close to 3-year low of 0.5.

The historical rank and industry rank for Ton Dong A's PB Ratio or its related term are showing as below:

HSTC:GDA' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.71   Max: 1.13
Current: 0.5

During the past 4 years, Ton Dong A's highest PB Ratio was 1.13. The lowest was 0.50. And the median was 0.71.

HSTC:GDA's PB Ratio is ranked better than
75.86% of 609 companies
in the Steel industry
Industry Median: 0.98 vs HSTC:GDA: 0.50

During the past 12 months, Ton Dong A's average Book Value Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Ton Dong A was 4.50% per year. The lowest was 4.50% per year. And the median was 4.50% per year.

Back to Basics: PB Ratio


Ton Dong A  (HSTC:GDA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Ton Dong A PB Ratio Related Terms


Ton Dong A PB Ratio Historical Data

* Premium members only.

The historical data trend for Ton Dong A's PB 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.

Ton Dong A PB Ratio Chart

Ton Dong A Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.80 0.82 0.61

Ton Dong A Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB 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 0.71 0.58 0.68 0.61 0.52

HSTC:GDA vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Ton Dong A's PB Ratio, along with its competitors' market caps and PB 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.


Ton Dong A PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ton Dong A's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ton Dong A's PB Ratio falls into.


HSTC:GDA
62GF Score
Ton Dong A Corp HSTC:GDA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ton Dong A PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Ton Dong A's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=13000.00/26613.608
=0.49

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.49 mean?
Ton Dong A (HSTC:GDA) has a PB Ratio of 0.49 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ton Dong A and its competitors. This is 31% below median its historical median of 0.71. Over the past decade, Ton Dong A's PB Ratio has ranged from 0.50 to 1.13. According to the industry distribution chart, Ton Dong A ranks #147 out of 609 companies in the Steel industry, placing it in the top 24.1%.
Is Ton Dong A's PB Ratio too high?
Ton Dong A's current PB Ratio of 0.49 is 31% below median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 1.13. The Steel industry median PB Ratio is 0.98. Ton Dong A's value of 0.49 is 50% below this industry median. Based on the distribution chart, Ton Dong A ranks #147 out of 609 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ton Dong A has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ton Dong A's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Ton Dong A ranks #147 out of 609 companies for PB Ratio. This places Ton Dong A in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.98. Ton Dong A's value of 0.49 is 50% below this benchmark. Historically, Ton Dong A's own PB Ratio has ranged from 0.50 to 1.13 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.98, Ton Dong A has consistently been below 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 PB Ratio for a Steel company?
The median PB Ratio among Steel companies is 0.98, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ton Dong A's current PB Ratio of 0.49 is 50% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ton Dong A and its competitors. For the Steel industry, the median PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ton Dong A's current PB Ratio is 0.49, which is 31% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ton Dong A stock overvalued right now?
Based on GuruFocus' analysis, Ton Dong A (HSTC:GDA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫16,702.61, compared to a current price of ₫13,000.00 — trading 22.2% below its estimated fair value. The current PB Ratio is 0.49, which is 31% below median its 10-year median of 0.71 and 50% below the Steel industry median of 0.98. Ton Dong A's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Ton Dong A (HSTC:GDA), the current PB Ratio is 0.49 as of Jul. 16, 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 Ton Dong A (HSTC:GDA) Overvalued in 2026?

Based on GuruFocus' analysis, Ton Dong A stock appears to be undervalued. The current stock price of ₫13,000.00 is trading 22.2% below its estimated GF Value™ of ₫16,702.61. GuruFocus considers Ton Dong A to be Modestly Undervalued.

Key valuation signals for HSTC:GDA:

  • PB Ratio: 0.49 (31% below median its 10-year median of 0.71)
  • GF Value™: ₫16,702.61 vs. price of ₫13,000.00 (22.2% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 50% below the Steel median (#147 of 609)

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


Ton Dong A Business Description

Address No. 5, Street 5, Song Than 1 Industrial Park, Di An Ward, Di An City, Binh Duong Province, Ho Chi Minh, VNM
Ton Dong A Corp is a company specializing in the production of cold rolled steel, zinc corrugated iron, cold corrugated iron, color corrugated iron, galvanized box steel for industrial and civil construction, transportation infrastructure, and home appliances use. The company operates in the field of manufacturing galvanized steel sheet, the main products are cold rolled steel, black corrugated iron, galvanized steel zinc corrugated iron, aluminum zinc alloy coated steel, cold corrugated iron and painted cold corrugated iron Cold corrugated iron. color cold corrugated iron.
62GF Score

Get the complete analysis for HSTC:GDA

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

₫13,000.00
Price
₫16,702.61
GF Value