Khai Hoan Land Real Estate JSC (STC:KHG) PB Ratio: 0.42 (As of Jul. 15, 2026) — 21% Below Median

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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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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.

STC:KHG Khai Hoan Land Real Estate JSC STC:KHG
61 GF Score
Price ₫4,980.00
GF Value ₫9,894.25
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Khai Hoan Land Real Estate JSC PB Ratio?

Khai Hoan Land Real Estate JSC STC:KHG 61 PB Ratio is 0.42 as of Jul. 15, 2026, which is 21% below its 10-year median of 0.53. GuruFocus rates STC:KHG with a GF Score™ of 61/100 and a GF Value™ of ₫9,894.25 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,713 Real Estate companies, Khai Hoan Land Real Estate JSC ranks better than 76.47% 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 (2026-07-15), Khai Hoan Land Real Estate JSC's share price is ₫4980.00. Khai Hoan Land Real Estate JSC's Book Value per Share for the quarter that ended in Mar. 2026 was ₫11,799.06. Hence, Khai Hoan Land Real Estate JSC's PB Ratio of today is 0.42.

Good Sign:

Khai Hoan Land Real Estate JSC stock PB Ratio (=0.43) is close to 3-year low of 0.42.

The historical rank and industry rank for Khai Hoan Land Real Estate JSC's PB Ratio or its related term are showing as below:

STC:KHG' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.53   Max: 1.72
Current: 0.43

During the past 8 years, Khai Hoan Land Real Estate JSC's highest PB Ratio was 1.72. The lowest was 0.32. And the median was 0.53.

STC:KHG's PB Ratio is ranked better than
76.47% of 1713 companies
in the Real Estate industry
Industry Median: 0.81 vs STC:KHG: 0.43

During the past 12 months, Khai Hoan Land Real Estate JSC's average Book Value Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Khai Hoan Land Real Estate JSC was 53.70% per year. The lowest was -14.10% per year. And the median was 17.50% per year.

Back to Basics: PB Ratio


Khai Hoan Land Real Estate JSC  (STC:KHG) 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.


Khai Hoan Land Real Estate JSC PB Ratio Related Terms


Khai Hoan Land Real Estate JSC PB Ratio Historical Data

* Premium members only.

The historical data trend for Khai Hoan Land Real Estate JSC'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.

Khai Hoan Land Real Estate JSC PB Ratio Chart

Khai Hoan Land Real Estate JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.77 0.32 0.55 0.48 0.59

Khai Hoan Land Real Estate JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.54 0.60 0.59 0.47

Khai Hoan Land Real Estate JSC PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Khai Hoan Land Real Estate 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.


Khai Hoan Land Real Estate JSC PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Khai Hoan Land Real Estate JSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Khai Hoan Land Real Estate JSC's PB Ratio falls into.


STC:KHG
61GF Score
Khai Hoan Land Real Estate JSC STC:KHG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khai Hoan Land Real Estate JSC 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.

Khai Hoan Land Real Estate JSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=4980.00/11799.06
=0.42

* 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 0.42 mean?
Khai Hoan Land Real Estate JSC (STC:KHG) has a PB Ratio of 0.42 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Khai Hoan Land Real Estate JSC and its competitors. This is 21% below median its historical median of 0.53. Over the past decade, Khai Hoan Land Real Estate JSC's PB Ratio has ranged from 0.32 to 1.72. According to the industry distribution chart, Khai Hoan Land Real Estate JSC ranks #403 out of 1713 companies in the Real Estate industry, placing it in the top 23.5%.
Is Khai Hoan Land Real Estate JSC's PB Ratio too high?
Khai Hoan Land Real Estate JSC's current PB Ratio of 0.42 is 21% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.72. The Real Estate industry median PB Ratio is 0.81. Khai Hoan Land Real Estate JSC's value of 0.42 is 48.1% below this industry median. Based on the distribution chart, Khai Hoan Land Real Estate JSC ranks #403 out of 1713 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Khai Hoan Land Real Estate JSC has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khai Hoan Land Real Estate JSC's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Khai Hoan Land Real Estate JSC ranks #403 out of 1713 companies for PB Ratio. This places Khai Hoan Land Real Estate JSC in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. Khai Hoan Land Real Estate JSC's value of 0.42 is 48.1% below this benchmark. Historically, Khai Hoan Land Real Estate JSC's own PB Ratio has ranged from 0.32 to 1.72 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.81, Khai Hoan Land Real Estate 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 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. Khai Hoan Land Real Estate JSC's current PB Ratio of 0.42 is 48.1% 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 Khai Hoan Land Real Estate JSC and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khai Hoan Land Real Estate JSC's current PB Ratio is 0.42, which is 21% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khai Hoan Land Real Estate JSC stock overvalued right now?
Based on GuruFocus' analysis, Khai Hoan Land Real Estate JSC (STC:KHG) is currently considered Possible Value Trap. The stock's GF Value™ is ₫9,894.25, compared to a current price of ₫4,980.00 — trading 49.7% below its estimated fair value. The current PB Ratio is 0.42, which is 21% below median its 10-year median of 0.53 and 48.1% below the Real Estate industry median of 0.81. Khai Hoan Land Real Estate JSC's overall GF Score™ is 61/100 with 6 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 Khai Hoan Land Real Estate JSC (STC:KHG), the current PB Ratio is 0.42 as of Jul. 15, 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 Khai Hoan Land Real Estate JSC (STC:KHG) Overvalued in 2026?

Based on GuruFocus' analysis, Khai Hoan Land Real Estate JSC stock appears to be undervalued. The current stock price of ₫4,980.00 is trading 49.7% below its estimated GF Value™ of ₫9,894.25. GuruFocus considers Khai Hoan Land Real Estate JSC to be Possible Value Trap.

Key valuation signals for STC:KHG:

  • PB Ratio: 0.42 (21% below median its 10-year median of 0.53)
  • GF Value™: ₫9,894.25 vs. price of ₫4,980.00 (49.7% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 48.1% below the Real Estate median (#403 of 1713)

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


Khai Hoan Land Real Estate JSC Business Description

Address 5-7-9-11 Hung Gia 4 Street, Phu My Hung Urban Area, Tan Hung ward, Ho Chi Minh City, VNM
Khai Hoan Land Real Estate JSC operates as a real estate developer and a broker. The companies business includes real estate consulting, brokerage services, auction of real estate, auction of land use rights; housing construction; site preparation; hotel service with threestart above quality standard (not operating at the head office); organization of introduction and trade promotion; construction of other civil engineering works; restaurants and catering services; trading real estate, land use rights of owners, leased or leased by the owners; retailing other goods in specialized stores; civil design activities; landscape maintenance services; wholesale of other household appliances; career education; other recreational activities.
61GF Score

Get the complete analysis for STC:KHG

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

₫4,980.00
Price
₫9,894.25
GF Value