Song Hong Garment JSC (STC:MSH) PB Ratio: 1.91 (As of Jul. 02, 2026) — Near Median


STC:MSH Song Hong Garment JSC STC:MSH
79 GF Score
Price ₫33,900.00
GF Value ₫34,379.53
Valuation Fairly Valued
! 4 Warning Signs
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What is Song Hong Garment JSC PB Ratio?

Song Hong Garment JSC STC:MSH 79 PB Ratio is 1.91 as of Jul. 02, 2026, which is 1% above its 10-year median of 1.90. GuruFocus rates STC:MSH with a GF Score™ of 79/100 and a GF Value™ of ₫34,379.53 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,001 Manufacturing - Apparel & Accessories companies, Song Hong Garment JSC ranks worse than 70.53% 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 (2026-07-02), Song Hong Garment JSC's share price is ₫33900.00. Song Hong Garment JSC's Book Value per Share for the quarter that ended in Mar. 2026 was ₫17,764.50. Hence, Song Hong Garment JSC's PB Ratio of today is 1.91.

The historical rank and industry rank for Song Hong Garment JSC's PB Ratio or its related term are showing as below:

STC:MSH' s PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.9   Max: 3.35
Current: 1.91

During the past 8 years, Song Hong Garment JSC's highest PB Ratio was 3.35. The lowest was 0.97. And the median was 1.90.

STC:MSH's PB Ratio is ranked worse than
70.53% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs STC:MSH: 1.91

During the past 12 months, Song Hong Garment JSC's average Book Value Per Share Growth Rate was 6.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Song Hong Garment JSC was 11.50% per year. The lowest was 3.20% per year. And the median was 6.40% per year.

Back to Basics: PB Ratio


Song Hong Garment JSC  (STC:MSH) 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.


Song Hong Garment JSC PB Ratio Related Terms


Song Hong Garment JSC PB Ratio Historical Data

* Premium members only.

The historical data trend for Song Hong Garment 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.

Song Hong Garment JSC PB Ratio Chart

Song Hong Garment JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 2.78 1.54 1.65 2.17 1.90

Song Hong Garment 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 2.38 2.10 1.81 1.90 2.12

STC:MSH vs RL, LEVI, VFC: PB Ratio Comparison

For the Apparel Manufacturing subindustry, Song Hong Garment 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 Hong Garment JSC PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Song Hong Garment JSC's PB Ratio falls into.


STC:MSH
79GF Score
Song Hong Garment JSC STC:MSH
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Song Hong Garment 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.

Song Hong Garment JSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=33900.00/17764.497
=1.91

* 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 1.91 mean?
Song Hong Garment JSC (STC:MSH) has a PB Ratio of 1.91 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Song Hong Garment JSC and its competitors. This is near median its historical median of 1.90. Over the past decade, Song Hong Garment JSC's PB Ratio has ranged from 0.97 to 3.35. According to the industry distribution chart, Song Hong Garment JSC ranks #706 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 70.5%.
Is Song Hong Garment JSC's PB Ratio too high?
Song Hong Garment JSC's current PB Ratio of 1.91 is near median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 3.35. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.06. Song Hong Garment JSC's value of 1.91 is 80.2% above this industry median. Based on the distribution chart, Song Hong Garment JSC ranks #706 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Song Hong Garment JSC has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Hong Garment JSC's PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Song Hong Garment JSC ranks #706 out of 1001 companies for PB Ratio. This places Song Hong Garment JSC in the lower half of its industry. The industry median PB Ratio is 1.06. Song Hong Garment JSC's value of 1.91 is 80.2% above this benchmark. Historically, Song Hong Garment JSC's own PB Ratio has ranged from 0.97 to 3.35 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 1.06, Song Hong Garment 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 a Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.06, based on 1,001 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 Hong Garment JSC's current PB Ratio of 1.91 is 80.2% 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 Hong Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Hong Garment JSC's current PB Ratio is 1.91, which is near median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,379.53, compared to a current price of ₫33,900.00 — trading 1.4% below its estimated fair value. The current PB Ratio is 1.91, which is near median its 10-year median of 1.90 and 80.2% above the Manufacturing - Apparel & Accessories industry median of 1.06. Song Hong Garment JSC's overall GF Score™ is 79/100 with 4 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 Song Hong Garment JSC (STC:MSH), the current PB Ratio is 1.91 as of Jul. 02, 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?

Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued. The current stock price of ₫33,900.00 is trading 1.4% below its estimated GF Value™ of ₫34,379.53. GuruFocus considers Song Hong Garment JSC to be Fairly Valued.

Key valuation signals for STC:MSH:

  • PB Ratio: 1.91 (near median its 10-year median of 1.90)
  • GF Value™: ₫34,379.53 vs. price of ₫33,900.00 (1.4% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 80.2% above the Manufacturing - Apparel & Accessories median (#706 of 1001)

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


Song Hong Garment JSC Business Description

Address 105 Nguyen Duc Thuan Street, Nam Dinh Ward, Ninh Binh Province, Nam Dinh, VNM
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
79GF Score

Get the complete analysis for STC:MSH

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

₫33,900.00
Price
₫34,379.53
GF Value