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Song Ba Ha Hydro Power JSCHSTC:SBH 40 PB Ratio is 2.31 as of Jul. 28, 2026, which is 22% below its 10-year median of 2.97. GuruFocus rates HSTC:SBH with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 432 Utilities - Independent Power Producers companies, Song Ba Ha Hydro Power JSC ranks worse than 231481.25% on this metric.
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.
Song Ba Ha Hydro Power JSC PB Ratio Related Terms
Song Ba Ha Hydro Power JSC PB Ratio Historical Data
* 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.
Song Ba Ha Hydro Power JSC PB Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Song Ba Ha Hydro Power 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.
Song Ba Ha Hydro Power JSC PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Song Ba Ha Hydro Power JSC's PB Ratio distribution charts can be found below:
* The bar in red indicates where Song Ba Ha Hydro Power 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.
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a PB Ratio of 2.31 as of Jul. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Song Ba Ha Hydro Power JSC and its competitors. This is 22% below median its historical median of 2.97. Over the past decade, Song Ba Ha Hydro Power JSC's PB Ratio has ranged from 2.32 to 3.78. According to the industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 432 companies in the Utilities - Independent Power Producers industry.
Is Song Ba Ha Hydro Power JSC's PB Ratio too high?
Song Ba Ha Hydro Power JSC's current PB Ratio of 2.31 is 22% below median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 2.32 to a high of 3.78. The Utilities - Independent Power Producers industry median PB Ratio is 1.29. Song Ba Ha Hydro Power JSC's value of 2.31 is 79.8% above this industry median. Based on the distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 432 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Song Ba Ha Hydro Power JSC has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Song Ba Ha Hydro Power JSC's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 432 companies for PB Ratio. This places Song Ba Ha Hydro Power JSC in the lower half of its industry. The industry median PB Ratio is 1.29. Song Ba Ha Hydro Power JSC's value of 2.31 is 79.8% above this benchmark. Historically, Song Ba Ha Hydro Power JSC's own PB Ratio has ranged from 2.32 to 3.78 over the past decade. While the company's 10-year median is 2.97 vs. the industry median of 1.29, Song Ba Ha Hydro Power 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 PB Ratio for an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.29, based on 432 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. Song Ba Ha Hydro Power JSC's current PB Ratio of 2.31 is 79.8% 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 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 Song Ba Ha Hydro Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Ba Ha Hydro Power JSC's current PB Ratio is 2.31, which is 22% below median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Ba Ha Hydro Power JSC stock overvalued right now?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a current PB Ratio of 2.31. The current PB Ratio is 2.31, which is 22% below median its 10-year median of 2.97 and 79.8% above the Utilities - Independent Power Producers industry median of 1.29. Song Ba Ha Hydro Power JSC's overall GF Score™ is 40/100 with 1 warning sign 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 Song Ba Ha Hydro Power JSC (HSTC:SBH), the current PB Ratio is 2.31 as of Jul. 28, 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.
Song Ba Ha Hydro Power JSC is a Vietnam-based company mainly focused on electricity production and trading. It operates the Song Ba Ha Hydropower Plant with a design capacity of 220 MW and an average annual electricity output of approximately 601.7 million kWh, located on the Ba River, within the administrative boundaries of Song Hinh district (Phu Yen province) and Krong Ba district (Gia Lai province). Additionally, the company focuses on investment and management of power generation projects, and provides services for the operation, repair, and maintenance of power infrastructure.
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