Saigon - Hanoi Securities JSCHSTC:SHS 77 PB Ratio is 1.33 as of Jul. 03, 2026, which is 24% above its 10-year median of 1.07. GuruFocus rates HSTC:SHS with a GF Score™ of 77/100 and a GF Value™ of ₫23,770.42 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,600 Asset Management companies, Saigon - Hanoi Securities JSC ranks worse than 77.13% on this metric.
The historical rank and industry rank for Saigon - Hanoi Securities JSC's PB Ratio or its related term are showing as below:
HSTC:SHS'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 1.07 Max: 3.81
Current: 1.33
During the past 13 years, Saigon - Hanoi Securities JSC's highest PB Ratio was 3.81. The lowest was 0.41. And the median was 1.07.
HSTC:SHS's PB Ratio is ranked worse than 77.13% of 1600
companies
in the Asset Management industry
Industry Median: 0.96
vs HSTC:SHS: 1.33
During the past 12 months, Saigon - Hanoi Securities JSC's average Book Value Per Share Growth Rate was 8.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 18.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Saigon - Hanoi Securities JSC was 33.10% per year. The lowest was -18.20% per year. And the median was 12.20% per year.
Back to Basics: PB Ratio
Saigon - Hanoi Securities JSC (HSTC:SHS) 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.
Saigon - Hanoi Securities JSC PB Ratio Related Terms
Saigon - Hanoi Securities 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.
For the Asset Management subindustry, Saigon - Hanoi 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.
Saigon - Hanoi Securities JSC PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Saigon - Hanoi Securities JSC's PB Ratio distribution charts can be found below:
* The bar in red indicates where Saigon - Hanoi Securities JSC's PB Ratio falls into.
Saigon - Hanoi 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.
* 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.
Saigon - Hanoi Securities JSC (HSTC:SHS) has a PB Ratio of 1.33 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Saigon - Hanoi Securities JSC and its competitors. This is 24% above median its historical median of 1.07. Over the past decade, Saigon - Hanoi Securities JSC's PB Ratio has ranged from 0.41 to 3.81. According to the industry distribution chart, Saigon - Hanoi Securities JSC ranks #1234 out of 1600 companies in the Asset Management industry, placing it in the top 77.1%.
Is Saigon - Hanoi Securities JSC's PB Ratio too high?
Saigon - Hanoi Securities JSC's current PB Ratio of 1.33 is 24% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 3.81. The Asset Management industry median PB Ratio is 0.96. Saigon - Hanoi Securities JSC's value of 1.33 is 38.5% above this industry median. Based on the distribution chart, Saigon - Hanoi Securities JSC ranks #1234 out of 1600 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Saigon - Hanoi Securities JSC has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saigon - Hanoi Securities JSC's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Saigon - Hanoi Securities JSC ranks #1234 out of 1600 companies for PB Ratio. This places Saigon - Hanoi Securities JSC in the lower half of its industry. The industry median PB Ratio is 0.96. Saigon - Hanoi Securities JSC's value of 1.33 is 38.5% above this benchmark. Historically, Saigon - Hanoi Securities JSC's own PB Ratio has ranged from 0.41 to 3.81 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.96, Saigon - Hanoi Securities 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 Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,600 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. Saigon - Hanoi Securities JSC's current PB Ratio of 1.33 is 38.5% 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 Saigon - Hanoi Securities JSC and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saigon - Hanoi Securities JSC's current PB Ratio is 1.33, which is 24% above 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 Saigon - Hanoi Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC (HSTC:SHS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫23,770.42, compared to a current price of ₫18,800.00 — trading 20.9% below its estimated fair value. The current PB Ratio is 1.33, which is 24% above median its 10-year median of 1.07 and 38.5% above the Asset Management industry median of 0.96. Saigon - Hanoi Securities JSC's overall GF Score™ is 77/100 with 7 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 Saigon - Hanoi Securities JSC (HSTC:SHS), the current PB Ratio is 1.33 as of Jul. 03, 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 Saigon - Hanoi Securities JSC (HSTC:SHS) Overvalued in 2026?
Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC stock appears to be undervalued.
The current stock price of ₫18,800.00 is trading 20.9% below its estimated GF Value™ of ₫23,770.42.
GuruFocus considers Saigon - Hanoi Securities JSC to be Modestly Undervalued.
Key valuation signals for HSTC:SHS:
PB Ratio: 1.33 (24% above median its 10-year median of 1.07)
GF Value™: ₫23,770.42 vs. price of ₫18,800.00 (20.9% below fair value)
Industry Position: 38.5% above the Asset Management median (#1234 of 1600)
No single metric tells the full story. See the HSTC:SHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saigon - Hanoi Securities JSC Business Description
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