VietinBank Securities JSC (STC:CTS) PB Ratio: 2.38 (As of Jun. 26, 2026) — 59% Above Median


STC:CTS VietinBank Securities JSC STC:CTS
91 GF Score
Price ₫25,400.00
GF Value ₫30,417.34
Valuation Modestly Undervalued
! 7 Warning Signs
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What is VietinBank Securities JSC PB Ratio?

VietinBank Securities JSC STC:CTS -1.74% 91 PB Ratio is 2.38 as of Jun. 26, 2026, which is 59% above its 10-year median of 1.50. GuruFocus rates STC:CTS with a GF Score™ of 91/100 and a GF Value™ of ₫30,417.34 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 778 Capital Markets companies, VietinBank Securities JSC ranks worse than 69.54% 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 (2026-06-26), VietinBank Securities JSC's share price is ₫25400.00. VietinBank Securities JSC's Book Value per Share for the quarter that ended in Mar. 2026 was ₫10,676.87. Hence, VietinBank Securities JSC's PB Ratio of today is 2.38.

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

STC:CTS' s PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.5   Max: 3.79
Current: 2.38

During the past 8 years, VietinBank Securities JSC's highest PB Ratio was 3.79. The lowest was 0.45. And the median was 1.50.

STC:CTS's PB Ratio is ranked worse than
69.54% of 778 companies
in the Capital Markets industry
Industry Median: 1.29 vs STC:CTS: 2.38

During the past 12 months, VietinBank Securities JSC's average Book Value Per Share Growth Rate was 23.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of VietinBank Securities JSC was 15.50% per year. The lowest was 7.50% per year. And the median was 11.40% per year.

Back to Basics: PB Ratio


VietinBank Securities JSC  (STC:CTS) 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.


VietinBank Securities JSC PB Ratio Related Terms


VietinBank Securities JSC PB Ratio Historical Data

* Premium members only.

The historical data trend for VietinBank 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.

VietinBank Securities JSC PB Ratio Chart

VietinBank Securities JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 2.78 1.01 2.06 2.34 2.47

VietinBank 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 2.47 2.27 3.16 2.47 2.00

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

For the Capital Markets subindustry, VietinBank 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.


VietinBank Securities JSC PB Ratio vs Capital Markets Industry

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

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


STC:CTS
91GF Score
VietinBank Securities JSC STC:CTS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VietinBank 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=25400.00/10676.866
=2.38

* 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 2.38 mean?
VietinBank Securities JSC (STC:CTS) has a PB Ratio of 2.38 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on VietinBank Securities JSC and its competitors. This is 59% above median its historical median of 1.50. Over the past decade, VietinBank Securities JSC's PB Ratio has ranged from 0.45 to 3.79. According to the industry distribution chart, VietinBank Securities JSC ranks #541 out of 778 companies in the Capital Markets industry, placing it in the top 69.5%.
Is VietinBank Securities JSC's PB Ratio too high?
VietinBank Securities JSC's current PB Ratio of 2.38 is 59% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 3.79. The Capital Markets industry median PB Ratio is 1.29. VietinBank Securities JSC's value of 2.38 is 84.5% above this industry median. Based on the distribution chart, VietinBank Securities JSC ranks #541 out of 778 companies in the Capital Markets industry, which is below the industry midpoint. Overall, VietinBank Securities JSC has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VietinBank Securities JSC's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, VietinBank Securities JSC ranks #541 out of 778 companies for PB Ratio. This places VietinBank Securities JSC in the lower half of its industry. The industry median PB Ratio is 1.29. VietinBank Securities JSC's value of 2.38 is 84.5% above this benchmark. Historically, VietinBank Securities JSC's own PB Ratio has ranged from 0.45 to 3.79 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.29, VietinBank 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 a Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.29, based on 778 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. VietinBank Securities JSC's current PB Ratio of 2.38 is 84.5% 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 VietinBank Securities JSC and its competitors. For the Capital Markets industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VietinBank Securities JSC's current PB Ratio is 2.38, which is 59% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VietinBank Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, VietinBank Securities JSC (STC:CTS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫30,417.34, compared to a current price of ₫25,400.00 — trading 16.5% below its estimated fair value. The current PB Ratio is 2.38, which is 59% above median its 10-year median of 1.50 and 84.5% above the Capital Markets industry median of 1.29. VietinBank Securities JSC's overall GF Score™ is 91/100 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 VietinBank Securities JSC (STC:CTS), the current PB Ratio is 2.38 as of Jun. 26, 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 VietinBank Securities JSC (STC:CTS) Overvalued in 2026?

Based on GuruFocus' analysis, VietinBank Securities JSC stock appears to be undervalued. The current stock price of ₫25,400.00 is trading 16.5% below its estimated GF Value™ of ₫30,417.34. GuruFocus considers VietinBank Securities JSC to be Modestly Undervalued.

Key valuation signals for STC:CTS:

  • PB Ratio: 2.38 (59% above median its 10-year median of 1.50)
  • GF Value™: ₫30,417.34 vs. price of ₫25,400.00 (16.5% below fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 84.5% above the Capital Markets median (#541 of 778)

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


VietinBank Securities JSC Business Description

Address Diplomatic Corps Area, Floor 1st to 4th, Building N02-T2, Xuan Dinh Ward, Ha Noi, VNM
VietinBank Securities JSC is engaged in the provision of securities brokerage services, proprietary trading, securities investment advisory services, financial consultancy, underwriting securities, securities depository, and other services in accordance with laws and regulations applicable to securities companies. The company's operating business segments are: Brokerage and services, Proprietary trading, Underwriting, and Consultancy. Maximum revenue is generated from the Proprietary trading segment. Geographically, the company operates only in Vietnam.
91GF Score

Get the complete analysis for STC:CTS

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

₫25,400.00
Price
₫30,417.34
GF Value