Sunshine Homes Development JSCHSTC:SSH 51 PB Ratio is 3.98 as of Jun. 30, 2026, which is 25% below its 10-year median of 5.31. GuruFocus rates HSTC:SSH with a GF Score™ of 51/100 and a GF Value™ of ₫28,785.53 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,714 Real Estate companies, Sunshine Homes Development JSC ranks worse than 93.41% on this metric.
The historical rank and industry rank for Sunshine Homes Development JSC's PB Ratio or its related term are showing as below:
HSTC:SSH'
s PB Ratio Range Over the Past 10 Years
Min: 3.38 Med: 5.31 Max: 16.6
Current: 3.98
During the past 5 years, Sunshine Homes Development JSC's highest PB Ratio was 16.60. The lowest was 3.38. And the median was 5.31.
HSTC:SSH's PB Ratio is ranked worse than 93.41% of 1714
companies
in the Real Estate industry
Industry Median: 0.82
vs HSTC:SSH: 3.98
During the past 12 months, Sunshine Homes Development JSC's average Book Value Per Share Growth Rate was -2.20% 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 highest 3-Year average Book Value Per Share Growth Rate of Sunshine Homes Development JSC was 30.60% per year. The lowest was 9.90% per year. And the median was 20.25% per year.
Back to Basics: PB Ratio
Sunshine Homes Development JSC (HSTC:SSH) 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.
Sunshine Homes Development JSC PB Ratio Related Terms
Sunshine Homes Development 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.
Sunshine Homes Development JSC PB Ratio Competitor Comparison
For the Real Estate - Development subindustry, Sunshine Homes Development 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.
Sunshine Homes Development JSC PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sunshine Homes Development JSC's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sunshine Homes Development JSC's PB Ratio falls into.
Sunshine Homes Development 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.
Sunshine Homes Development JSC (HSTC:SSH) has a PB Ratio of 3.98 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sunshine Homes Development JSC and its competitors. This is 25% below median its historical median of 5.31. Over the past decade, Sunshine Homes Development JSC's PB Ratio has ranged from 3.38 to 16.60. According to the industry distribution chart, Sunshine Homes Development JSC ranks #1601 out of 1714 companies in the Real Estate industry, placing it in the top 93.4%.
Is Sunshine Homes Development JSC's PB Ratio too high?
Sunshine Homes Development JSC's current PB Ratio of 3.98 is 25% below median its 10-year median of 5.31. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 16.60. The Real Estate industry median PB Ratio is 0.82. Sunshine Homes Development JSC's value of 3.98 is 385.4% above this industry median. Based on the distribution chart, Sunshine Homes Development JSC ranks #1601 out of 1714 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Sunshine Homes Development JSC has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunshine Homes Development JSC's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Sunshine Homes Development JSC ranks #1601 out of 1714 companies for PB Ratio. This places Sunshine Homes Development JSC in the lower half of its industry. The industry median PB Ratio is 0.82. Sunshine Homes Development JSC's value of 3.98 is 385.4% above this benchmark. Historically, Sunshine Homes Development JSC's own PB Ratio has ranged from 3.38 to 16.60 over the past decade. While the company's 10-year median is 5.31 vs. the industry median of 0.82, Sunshine Homes Development 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,714 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. Sunshine Homes Development JSC's current PB Ratio of 3.98 is 385.4% 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 Sunshine Homes Development JSC and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunshine Homes Development JSC's current PB Ratio is 3.98, which is 25% below median its own 10-year median of 5.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine Homes Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Sunshine Homes Development JSC (HSTC:SSH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫28,785.53, compared to a current price of ₫61,700.00 — trading 114.3% above its estimated fair value. The current PB Ratio is 3.98, which is 25% below median its 10-year median of 5.31 and 385.4% above the Real Estate industry median of 0.82. Sunshine Homes Development JSC's overall GF Score™ is 51/100 with 3 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 Sunshine Homes Development JSC (HSTC:SSH), the current PB Ratio is 3.98 as of Jun. 30, 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 Sunshine Homes Development JSC (HSTC:SSH) Overvalued in 2026?
Based on GuruFocus' analysis, Sunshine Homes Development JSC stock appears to be overvalued.
The current stock price of ₫61,700.00 is trading 114.3% above its estimated GF Value™ of ₫28,785.53.
GuruFocus considers Sunshine Homes Development JSC to be Significantly Overvalued.
Key valuation signals for HSTC:SSH:
PB Ratio: 3.98 (25% below median its 10-year median of 5.31)
GF Value™: ₫28,785.53 vs. price of ₫61,700.00 (114.3% above fair value)
Industry Position: 385.4% above the Real Estate median (#1601 of 1714)
No single metric tells the full story. See the HSTC:SSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunshine Homes Development JSC Business Description
Sunshine Homes Development JSC is engaged in the development and trading of real estate projects, motor vehicle rental, and management consultancy activities. The Company also conducts real estate business, including land use rights owned, used or leased, finishing of construction works, construction of residential and non-residential buildings, and real estate consultancy, brokerage, and management services. Its projects include Sunshine Marina Mui Ne - Hilltop Hotels & Resorts in Mui Ne Ward, Lam Dong Province; Sunshine Golf & Resort Lang Co in Lang Co, Hue; Noble Palace Tay Thang Long in O Dien, Hanoi City; Noble Palace Garden in Dan Phuong, Hanoi City; Noble Crystal Tay Ho WorldHotels Residence in Phu Thuong Ward, Hanoi City; and Noble Palace Tay Ho in Phu Thuong Ward, Hanoi City.
51GF Score
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