Thien Viet Securities JSC (STC:TVS) PB Ratio: 1.19 (As of Jul. 12, 2026) — 15% Below Median


STC:TVS Thien Viet Securities JSC STC:TVS
72 GF Score
Price ₫15,500.00
GF Value ₫12,436.73
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thien Viet Securities JSC PB Ratio?

Thien Viet Securities JSC STC:TVS -4.02% 72 PB Ratio is 1.19 as of Jul. 12, 2026, which is 15% below its 10-year median of 1.40. GuruFocus rates STC:TVS with a GF Score™ of 72/100 and a GF Value™ of ₫12,436.73 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 779 Capital Markets companies, Thien Viet Securities JSC ranks better than 56.35% 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 (2026-07-12), Thien Viet Securities JSC's share price is ₫15500.00. Thien Viet Securities JSC's Book Value per Share for the quarter that ended in Mar. 2026 was ₫13,052.93. Hence, Thien Viet Securities JSC's PB Ratio of today is 1.19.

The historical rank and industry rank for Thien Viet Securities JSC's PB Ratio or its related term are showing as below:

STC:TVS' s PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.4   Max: 6.31
Current: 1.19

During the past 8 years, Thien Viet Securities JSC's highest PB Ratio was 6.31. The lowest was 0.82. And the median was 1.40.

STC:TVS's PB Ratio is ranked better than
56.35% of 779 companies
in the Capital Markets industry
Industry Median: 1.36 vs STC:TVS: 1.19

During the past 12 months, Thien Viet Securities JSC's average Book Value Per Share Growth Rate was 12.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Thien Viet Securities JSC was 16.00% per year. The lowest was 9.60% per year. And the median was 14.75% per year.

Back to Basics: PB Ratio


Thien Viet Securities JSC  (STC:TVS) 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.


Thien Viet Securities JSC PB Ratio Related Terms


Thien Viet Securities JSC PB Ratio Historical Data

* Premium members only.

The historical data trend for Thien Viet Securities 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.

Thien Viet Securities JSC PB Ratio Chart

Thien Viet Securities JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 3.69 1.50 1.55 1.41 1.13

Thien Viet Securities 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 1.34 1.21 1.28 1.13 1.03

STC:TVS vs MS, GS, SCHW: PB Ratio Comparison

For the Capital Markets subindustry, Thien Viet Securities 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.


Thien Viet Securities JSC PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Thien Viet Securities JSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Thien Viet Securities JSC's PB Ratio falls into.


STC:TVS
72GF Score
Thien Viet Securities JSC STC:TVS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thien Viet Securities 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.

Thien Viet Securities JSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=15500.00/13052.927
=1.19

* 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 1.19 mean?
Thien Viet Securities JSC (STC:TVS) has a PB Ratio of 1.19 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Thien Viet Securities JSC and its competitors. This is 15% below median its historical median of 1.40. Over the past decade, Thien Viet Securities JSC's PB Ratio has ranged from 0.82 to 6.31. According to the industry distribution chart, Thien Viet Securities JSC ranks #340 out of 779 companies in the Capital Markets industry, placing it in the top 43.6%.
Is Thien Viet Securities JSC's PB Ratio too high?
Thien Viet Securities JSC's current PB Ratio of 1.19 is 15% below median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 6.31. The Capital Markets industry median PB Ratio is 1.36. Thien Viet Securities JSC's value of 1.19 is 12.5% below this industry median. Based on the distribution chart, Thien Viet Securities JSC ranks #340 out of 779 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Thien Viet Securities JSC has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thien Viet Securities JSC's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Thien Viet Securities JSC ranks #340 out of 779 companies for PB Ratio. This puts Thien Viet Securities JSC in the upper half of its industry. The industry median PB Ratio is 1.36. Thien Viet Securities JSC's value of 1.19 is 12.5% below this benchmark. Historically, Thien Viet Securities JSC's own PB Ratio has ranged from 0.82 to 6.31 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.36, Thien Viet Securities 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 1.36, based on 779 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. Thien Viet Securities JSC's current PB Ratio of 1.19 is 12.5% 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 Thien Viet Securities JSC and its competitors. For the Capital Markets industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thien Viet Securities JSC's current PB Ratio is 1.19, which is 15% below median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thien Viet Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Thien Viet Securities JSC (STC:TVS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫12,436.73, compared to a current price of ₫15,500.00 — trading 24.6% above its estimated fair value. The current PB Ratio is 1.19, which is 15% below median its 10-year median of 1.40 and 12.5% below the Capital Markets industry median of 1.36. Thien Viet Securities JSC's overall GF Score™ is 72/100 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 Thien Viet Securities JSC (STC:TVS), the current PB Ratio is 1.19 as of Jul. 12, 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 Thien Viet Securities JSC (STC:TVS) Overvalued in 2026?

Based on GuruFocus' analysis, Thien Viet Securities JSC stock appears to be overvalued. The current stock price of ₫15,500.00 is trading 24.6% above its estimated GF Value™ of ₫12,436.73. GuruFocus considers Thien Viet Securities JSC to be Modestly Overvalued.

Key valuation signals for STC:TVS:

  • PB Ratio: 1.19 (15% below median its 10-year median of 1.40)
  • GF Value™: ₫12,436.73 vs. price of ₫15,500.00 (24.6% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 12.5% below the Capital Markets median (#340 of 779)

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


Thien Viet Securities JSC Business Description

Address No. 4 Lang Ha Street, Giang Vo Ward, 15th Floor, HAREC Building, Hanoi, VNM
Thien Viet Securities JSC is engaged in the provision of financial advisory, investment banking, brokerage, research, and investment services. It also provides proprietary trading, financial and securities investment consulting, securities underwriting, and securities depository services.
72GF Score

Get the complete analysis for STC:TVS

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

₫15,500.00
Price
₫12,436.73
GF Value