Gelex Group JSC (STC:GEX) PB Ratio: 2.12 (As of Jun. 28, 2026) — 33% Above Median


STC:GEX Gelex Group JSC STC:GEX
73 GF Score
Price ₫30,150.00
GF Value ₫20,881.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Gelex Group JSC PB Ratio?

Gelex Group JSC STC:GEX +0.67% 73 PB Ratio is 2.12 as of Jun. 28, 2026, which is 33% above its 10-year median of 1.59. GuruFocus rates STC:GEX with a GF Score™ of 73/100 and a GF Value™ of ₫20,881.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,982 Industrial Products companies, Gelex Group JSC ranks better than 52.78% 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 (2026-06-28), Gelex Group JSC's share price is ₫30150.00. Gelex Group JSC's Book Value per Share for the quarter that ended in Mar. 2026 was ₫14,252.66. Hence, Gelex Group JSC's PB Ratio of today is 2.12.

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

STC:GEX' s PB Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.59   Max: 3.68
Current: 2.12

During the past 10 years, Gelex Group JSC's highest PB Ratio was 3.68. The lowest was 0.80. And the median was 1.59.

STC:GEX's PB Ratio is ranked better than
52.78% of 2982 companies
in the Industrial Products industry
Industry Median: 2.26 vs STC:GEX: 2.12

During the past 12 months, Gelex Group JSC's average Book Value Per Share Growth Rate was 34.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.80% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Gelex Group JSC was 21.80% per year. The lowest was 4.80% per year. And the median was 13.50% per year.

Back to Basics: PB Ratio


Gelex Group JSC  (STC:GEX) 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.


Gelex Group JSC PB Ratio Related Terms


Gelex Group JSC PB Ratio Historical Data

* Premium members only.

The historical data trend for Gelex Group 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.

Gelex Group JSC PB Ratio Chart

Gelex Group JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.88 0.87 1.63 1.17 2.21

Gelex Group 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 1.40 2.30 3.09 2.21 1.73

STC:GEX vs VRT, BE, NVT: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Gelex Group 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.


Gelex Group JSC PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gelex Group JSC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gelex Group JSC's PB Ratio falls into.


STC:GEX
73GF Score
Gelex Group JSC STC:GEX
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gelex Group 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.

Gelex Group JSC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=30150.00/14252.663
=2.12

* 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 2.12 mean?
Gelex Group JSC (STC:GEX) has a PB Ratio of 2.12 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gelex Group JSC and its competitors. This is 33% above median its historical median of 1.59. Over the past decade, Gelex Group JSC's PB Ratio has ranged from 0.80 to 3.68. According to the industry distribution chart, Gelex Group JSC ranks #1408 out of 2982 companies in the Industrial Products industry, placing it in the top 47.2%.
Is Gelex Group JSC's PB Ratio too high?
Gelex Group JSC's current PB Ratio of 2.12 is 33% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 3.68. The Industrial Products industry median PB Ratio is 2.26. Gelex Group JSC's value of 2.12 is 6.2% below this industry median. Based on the distribution chart, Gelex Group JSC ranks #1408 out of 2982 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Gelex Group JSC has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gelex Group JSC's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Gelex Group JSC ranks #1408 out of 2982 companies for PB Ratio. This puts Gelex Group JSC in the upper half of its industry. The industry median PB Ratio is 2.26. Gelex Group JSC's value of 2.12 is 6.2% below this benchmark. Historically, Gelex Group JSC's own PB Ratio has ranged from 0.80 to 3.68 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 2.26, Gelex Group 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.26, based on 2,982 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. Gelex Group JSC's current PB Ratio of 2.12 is 6.2% 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 Gelex Group JSC and its competitors. For the Industrial Products industry, the median PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gelex Group JSC's current PB Ratio is 2.12, which is 33% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gelex Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Gelex Group JSC (STC:GEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫20,881.16, compared to a current price of ₫30,150.00 — trading 44.4% above its estimated fair value. The current PB Ratio is 2.12, which is 33% above median its 10-year median of 1.59 and 6.2% below the Industrial Products industry median of 2.26. Gelex Group JSC's overall GF Score™ is 73/100 with 5 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 Gelex Group JSC (STC:GEX), the current PB Ratio is 2.12 as of Jun. 28, 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 Gelex Group JSC (STC:GEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gelex Group JSC stock appears to be overvalued. The current stock price of ₫30,150.00 is trading 44.4% above its estimated GF Value™ of ₫20,881.16. GuruFocus considers Gelex Group JSC to be Significantly Overvalued.

Key valuation signals for STC:GEX:

  • PB Ratio: 2.12 (33% above median its 10-year median of 1.59)
  • GF Value™: ₫20,881.16 vs. price of ₫30,150.00 (44.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 6.2% below the Industrial Products median (#1408 of 2982)

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


Gelex Group JSC Business Description

Address No. 52, Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
Gelex Group JSC operates in the industrial production and infrastructure industry. The Industrial production of the company is engaged in manufacturing and supplying of electrical equipment like electric cables, transformers, electric motors and, other electrical equipment; and the Infrastructure consists of production and trade in construction materials, real estate and construction business; production, transmission and distribution of electricity including hydropower, solar power and wind power; exploitation, treatment and supply of clean water; hotel, tourism and office leasing services, houses, and other factories.
73GF Score

Get the complete analysis for STC:GEX

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

₫30,150.00
Price
₫20,881.16
GF Value