Hoa Phat Group JSC (STC:HPG) PB Ratio: 1.37 (As of Jul. 15, 2026) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:HPG Hoa Phat Group JSC STC:HPG
92 GF Score
Price ₫22,500.00
GF Value ₫29,796.59
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hoa Phat Group JSC PB Ratio?

Hoa Phat Group JSC STC:HPG +0.45% 92 PB Ratio is 1.37 as of Jul. 15, 2026, which is 16% below its 10-year median of 1.64. GuruFocus rates STC:HPG with a GF Score™ of 92/100 and a GF Value™ of ₫29,796.59 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 609 Steel companies, Hoa Phat Group JSC ranks worse than 66.83% 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 (2026-07-15), Hoa Phat Group JSC's share price is ₫22500.00. Hoa Phat Group JSC's Book Value per Share for the quarter that ended in Mar. 2026 was ₫16,456.76. Hence, Hoa Phat Group JSC's PB Ratio of today is 1.37.

Good Sign:

Hoa Phat Group JSC stock PB Ratio (=1.39) is close to 3-year low of 1.32.

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

STC:HPG' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.64   Max: 3.69
Current: 1.4

During the past 13 years, Hoa Phat Group JSC's highest PB Ratio was 3.69. The lowest was 0.73. And the median was 1.64.

STC:HPG's PB Ratio is ranked worse than
66.83% of 609 companies
in the Steel industry
Industry Median: 0.97 vs STC:HPG: 1.40

During the past 12 months, Hoa Phat Group JSC's average Book Value Per Share Growth Rate was 18.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 23.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hoa Phat Group JSC was 35.60% per year. The lowest was 1.20% per year. And the median was 20.80% per year.

Back to Basics: PB Ratio


Hoa Phat Group JSC  (STC:HPG) 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.


Hoa Phat Group JSC PB Ratio Related Terms


Hoa Phat Group JSC PB Ratio Historical Data

* Premium members only.

The historical data trend for Hoa Phat 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.

Hoa Phat Group JSC PB Ratio Chart

Hoa Phat 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 2.29 1.09 1.58 1.49 1.57

Hoa Phat 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 1.45 1.43 1.75 1.57 1.49

STC:HPG vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Hoa Phat 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.


Hoa Phat Group JSC PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Hoa Phat Group JSC's PB Ratio distribution charts can be found below:

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


STC:HPG
92GF Score
Hoa Phat Group JSC STC:HPG
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoa Phat 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=22500.00/16456.755
=1.37

* 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 1.37 mean?
Hoa Phat Group JSC (STC:HPG) has a PB Ratio of 1.37 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hoa Phat Group JSC and its competitors. This is 16% below median its historical median of 1.64. Over the past decade, Hoa Phat Group JSC's PB Ratio has ranged from 0.73 to 3.69. According to the industry distribution chart, Hoa Phat Group JSC ranks #407 out of 609 companies in the Steel industry, placing it in the top 66.8%.
Is Hoa Phat Group JSC's PB Ratio too high?
Hoa Phat Group JSC's current PB Ratio of 1.37 is 16% below median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 3.69. The Steel industry median PB Ratio is 0.97. Hoa Phat Group JSC's value of 1.37 is 41.2% above this industry median. Based on the distribution chart, Hoa Phat Group JSC ranks #407 out of 609 companies in the Steel industry, which is below the industry midpoint. Overall, Hoa Phat Group JSC has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoa Phat Group JSC's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Hoa Phat Group JSC ranks #407 out of 609 companies for PB Ratio. This places Hoa Phat Group JSC in the lower half of its industry. The industry median PB Ratio is 0.97. Hoa Phat Group JSC's value of 1.37 is 41.2% above this benchmark. Historically, Hoa Phat Group JSC's own PB Ratio has ranged from 0.73 to 3.69 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 0.97, Hoa Phat Group 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 Steel company?
The median PB Ratio among Steel companies is 0.97, 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. Hoa Phat Group JSC's current PB Ratio of 1.37 is 41.2% 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 Hoa Phat Group JSC and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoa Phat Group JSC's current PB Ratio is 1.37, which is 16% below median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Phat Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Hoa Phat Group JSC (STC:HPG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫29,796.59, compared to a current price of ₫22,500.00 — trading 24.5% below its estimated fair value. The current PB Ratio is 1.37, which is 16% below median its 10-year median of 1.64 and 41.2% above the Steel industry median of 0.97. Hoa Phat Group JSC's overall GF Score™ is 92/100 with 6 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 Hoa Phat Group JSC (STC:HPG), the current PB Ratio is 1.37 as of Jul. 15, 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 Hoa Phat Group JSC (STC:HPG) Overvalued in 2026?

Based on GuruFocus' analysis, Hoa Phat Group JSC stock appears to be undervalued. The current stock price of ₫22,500.00 is trading 24.5% below its estimated GF Value™ of ₫29,796.59. GuruFocus considers Hoa Phat Group JSC to be Modestly Undervalued.

Key valuation signals for STC:HPG:

  • PB Ratio: 1.37 (16% below median its 10-year median of 1.64)
  • GF Value™: ₫29,796.59 vs. price of ₫22,500.00 (24.5% below fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 41.2% above the Steel median (#407 of 609)

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


Hoa Phat Group JSC Business Description

Address 66 Nguyen Du, P. Nguyen Du, Hai Ba Trung District, Hanoi, VNM
Hoa Phat Group JSC is engaged in the business of steel production and trading. The company operates through four segments which include Production and trading of steel:, Other industrial production, Construction and development of real estate, and Agriculture. The core segment for operations is the steel production and trading accounts for the majority of the Groups revenue.
92GF Score

Get the complete analysis for STC:HPG

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

₫22,500.00
Price
₫29,796.59
GF Value