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Viet Nam SteelHSTC:TVN -6.19%76 PB Ratio is 0.80 as of Jul. 14, 2026, which is 31% above its 10-year median of 0.61. GuruFocus rates HSTC:TVN with a GF Score™ of 76/100 and a GF Value™ of ₫10,506.30 (Fairly Valued). The stock has 7 warning signs investors should review. Among 609 Steel companies, Viet Nam Steel ranks better than 55.01% 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 (2026-07-14), Viet Nam Steel's share price is ₫10600.00. Viet Nam Steel's Book Value per Share for the quarter that ended in Mar. 2026 was ₫13,190.00. Hence, Viet Nam Steel's PB Ratio of today is 0.80.
Warning Sign:
Viet Nam Steel Corp stock PB Ratio (=0.86) is close to 1-year high of 0.88.
The historical rank and industry rank for Viet Nam Steel's PB Ratio or its related term are showing as below:
HSTC:TVN'
s PB Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.61 Max: 1.21
Current: 0.86
During the past 8 years, Viet Nam Steel's highest PB Ratio was 1.21. The lowest was 0.32. And the median was 0.61.
HSTC:TVN's PB Ratio is ranked better than 55.01% of 609
companies
in the Steel industry
Industry Median: 0.96
vs HSTC:TVN: 0.86
During the past 12 months, Viet Nam Steel's average Book Value Per Share Growth Rate was 6.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.50% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Viet Nam Steel was 8.60% per year. The lowest was -4.50% per year. And the median was 0.50% per year.
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.
Viet Nam Steel PB Ratio Related Terms
Viet Nam Steel PB Ratio Historical Data
* Premium members only.
The historical data trend for Viet Nam Steel'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.
For the Steel subindustry, Viet Nam Steel'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.
Viet Nam Steel PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Viet Nam Steel's PB Ratio distribution charts can be found below:
* The bar in red indicates where Viet Nam Steel's PB Ratio falls into.
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.
Viet Nam Steel's PB Ratio for today is calculated as follows:
* 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.
Viet Nam Steel (HSTC:TVN) has a PB Ratio of 0.80 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Viet Nam Steel and its competitors. This is 31% above median its historical median of 0.61. Over the past decade, Viet Nam Steel's PB Ratio has ranged from 0.32 to 1.21. According to the industry distribution chart, Viet Nam Steel ranks #274 out of 609 companies in the Steel industry, placing it in the top 45%.
Is Viet Nam Steel's PB Ratio too high?
Viet Nam Steel's current PB Ratio of 0.80 is 31% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.21. The Steel industry median PB Ratio is 0.96. Viet Nam Steel's value of 0.80 is 16.7% below this industry median. Based on the distribution chart, Viet Nam Steel ranks #274 out of 609 companies in the Steel industry, which is above the industry midpoint. Overall, Viet Nam Steel has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Steel's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Viet Nam Steel ranks #274 out of 609 companies for PB Ratio. This puts Viet Nam Steel in the upper half of its industry. The industry median PB Ratio is 0.96. Viet Nam Steel's value of 0.80 is 16.7% below this benchmark. Historically, Viet Nam Steel's own PB Ratio has ranged from 0.32 to 1.21 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.96, Viet Nam Steel 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 609 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. Viet Nam Steel's current PB Ratio of 0.80 is 16.7% 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 Viet Nam Steel and its competitors. For the Steel 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. Viet Nam Steel's current PB Ratio is 0.80, which is 31% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Steel stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Steel (HSTC:TVN) is currently considered Fairly Valued. The stock's GF Value™ is ₫10,506.30, compared to a current price of ₫10,600.00 — trading 0.9% above its estimated fair value. The current PB Ratio is 0.80, which is 31% above median its 10-year median of 0.61 and 16.7% below the Steel industry median of 0.96. Viet Nam Steel's overall GF Score™ is 76/100 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 Viet Nam Steel (HSTC:TVN), the current PB Ratio is 0.80 as of Jul. 14, 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 Viet Nam Steel (HSTC:TVN) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Nam Steel stock appears to be overvalued.
The current stock price of ₫10,600.00 is trading 0.9% above its estimated GF Value™ of ₫10,506.30.
GuruFocus considers Viet Nam Steel to be Fairly Valued.
Key valuation signals for HSTC:TVN:
PB Ratio: 0.80 (31% above median its 10-year median of 0.61)
GF Value™: ₫10,506.30 vs. price of ₫10,600.00 (0.9% above fair value)
Industry Position: 16.7% below the Steel median (#274 of 609)
No single metric tells the full story. See the HSTC:TVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viet Nam Steel Corp is engaged units in the steel production and metal trading industry. The Corporation's main mission is to build and develop a multi-sector business model with the core activity being the production and trading of steel products.
76GF Score
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