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IPA Investment Group JSCHSTC:IPA 85 PB Ratio is 0.68 as of Jul. 14, 2026, which is 36% below its 10-year median of 1.07. GuruFocus rates HSTC:IPA with a GF Score™ of 85/100 and a GF Value™ of ₫23,275.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 778 Capital Markets companies, IPA Investment Group JSC ranks better than 75.71% on this metric.
IPA Investment Group JSC stock PB Ratio (=0.7) is close to 1-year low of 0.64.
The historical rank and industry rank for IPA Investment Group JSC's PB Ratio or its related term are showing as below:
HSTC:IPA'
s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 1.07 Max: 4.41
Current: 0.7
During the past 8 years, IPA Investment Group JSC's highest PB Ratio was 4.41. The lowest was 0.55. And the median was 1.07.
HSTC:IPA's PB Ratio is ranked better than 75.71% of 778
companies
in the Capital Markets industry
Industry Median: 1.325
vs HSTC:IPA: 0.70
During the past 12 months, IPA Investment Group JSC's average Book Value Per Share Growth Rate was 12.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.30% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of IPA Investment Group JSC was 35.20% per year. The lowest was 0.90% per year. And the median was 27.80% per year.
Back to Basics: PB Ratio
IPA Investment Group JSC (HSTC:IPA) PB Ratio Explanation
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.
* 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.
For the Capital Markets subindustry, IPA Investment Group JSC'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.
IPA Investment Group JSC PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, IPA Investment Group JSC's PB Ratio distribution charts can be found below:
* The bar in red indicates where IPA Investment Group JSC's PB Ratio falls into.
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.
* 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.
IPA Investment Group JSC (HSTC:IPA) has a PB Ratio of 0.68 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on IPA Investment Group JSC and its competitors. This is 36% below median its historical median of 1.07. Over the past decade, IPA Investment Group JSC's PB Ratio has ranged from 0.55 to 4.41. According to the industry distribution chart, IPA Investment Group JSC ranks #189 out of 778 companies in the Capital Markets industry, placing it in the top 24.3%.
Is IPA Investment Group JSC's PB Ratio too high?
IPA Investment Group JSC's current PB Ratio of 0.68 is 36% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 4.41. The Capital Markets industry median PB Ratio is 1.33. IPA Investment Group JSC's value of 0.68 is 48.7% below this industry median. Based on the distribution chart, IPA Investment Group JSC ranks #189 out of 778 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, IPA Investment Group JSC has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPA Investment Group JSC's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, IPA Investment Group JSC ranks #189 out of 778 companies for PB Ratio. This places IPA Investment Group JSC in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.33. IPA Investment Group JSC's value of 0.68 is 48.7% below this benchmark. Historically, IPA Investment Group JSC's own PB Ratio has ranged from 0.55 to 4.41 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.33, IPA Investment Group JSC 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.33, based on 778 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. IPA Investment Group JSC's current PB Ratio of 0.68 is 48.7% 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 IPA Investment Group JSC and its competitors. For the Capital Markets industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPA Investment Group JSC's current PB Ratio is 0.68, which is 36% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPA Investment Group JSC stock overvalued right now?
Based on GuruFocus' analysis, IPA Investment Group JSC (HSTC:IPA) is currently considered Possible Value Trap. The stock's GF Value™ is ₫23,275.23, compared to a current price of ₫15,200.00 — trading 34.7% below its estimated fair value. The current PB Ratio is 0.68, which is 36% below median its 10-year median of 1.07 and 48.7% below the Capital Markets industry median of 1.33. IPA Investment Group JSC's overall GF Score™ is 85/100 with 5 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 IPA Investment Group JSC (HSTC:IPA), the current PB Ratio is 0.68 as of Jul. 14, 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 IPA Investment Group JSC (HSTC:IPA) Overvalued in 2026?
Based on GuruFocus' analysis, IPA Investment Group JSC stock appears to be undervalued.
The current stock price of ₫15,200.00 is trading 34.7% below its estimated GF Value™ of ₫23,275.23.
GuruFocus considers IPA Investment Group JSC to be Possible Value Trap.
Key valuation signals for HSTC:IPA:
PB Ratio: 0.68 (36% below median its 10-year median of 1.07)
GF Value™: ₫23,275.23 vs. price of ₫15,200.00 (34.7% below fair value)
Industry Position: 48.7% below the Capital Markets median (#189 of 778)
No single metric tells the full story. See the HSTC:IPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPA Investment Group JSC is a multi-sector investment group building and operating a business ecosystem under the Capability Bank model. It operates diversified business lines directly and/or through subsidiaries, associated companies, and enterprises within the IPA Group ecosystem in Vietnam. The Group's operating business segments are: Financial Services, Investment, Commercial electricity production, Business solutions, F&B, and Others: other services, real estate, goods, etc. The majority of its revenue is derived from its Business solutions and Commercial electricity production segments. These segments offer technology and digital solutions to businesses and engage in construction investment, power facilities development, and the trading of commercial electricity.
85GF Score
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