Vndirect SecuritiesSTC:VND -0.85%90 PB Ratio is 1.25 as of Jun. 25, 2026, which is 7% below its 10-year median of 1.34. GuruFocus rates STC:VND with a GF Score™ of 90/100 and a GF Value™ of ₫20,139.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 778 Capital Markets companies, Vndirect Securities ranks better than 53.73% on this metric.
The historical rank and industry rank for Vndirect Securities's PB Ratio or its related term are showing as below:
STC:VND'
s PB Ratio Range Over the Past 10 Years
Min: 0.68 Med: 1.34 Max: 4.56
Current: 1.25
During the past 13 years, Vndirect Securities's highest PB Ratio was 4.56. The lowest was 0.68. And the median was 1.34.
STC:VND's PB Ratio is ranked better than 53.73% of 778
companies
in the Capital Markets industry
Industry Median: 1.31
vs STC:VND: 1.25
During the past 12 months, Vndirect Securities's average Book Value Per Share Growth Rate was 6.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 23.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vndirect Securities was 34.30% per year. The lowest was -29.20% per year. And the median was 11.60% per year.
Back to Basics: PB Ratio
Vndirect Securities (STC:VND) 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.
Vndirect Securities PB Ratio Related Terms
Vndirect Securities PB Ratio Historical Data
* Premium members only.
The historical data trend for Vndirect Securities'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 Capital Markets subindustry, Vndirect Securities'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.
Vndirect Securities PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Vndirect Securities's PB Ratio distribution charts can be found below:
* The bar in red indicates where Vndirect Securities'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.
* 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.
Vndirect Securities (STC:VND) has a PB Ratio of 1.25 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vndirect Securities and its competitors. This is near median its historical median of 1.34. Over the past decade, Vndirect Securities' PB Ratio has ranged from 0.68 to 4.56. According to the industry distribution chart, Vndirect Securities ranks #360 out of 778 companies in the Capital Markets industry, placing it in the top 46.3%.
Is Vndirect Securities' PB Ratio too high?
Vndirect Securities' current PB Ratio of 1.25 is near median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 4.56. The Capital Markets industry median PB Ratio is 1.31. Vndirect Securities' value of 1.25 is 4.6% below this industry median. Based on the distribution chart, Vndirect Securities ranks #360 out of 778 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Vndirect Securities has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vndirect Securities' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Vndirect Securities ranks #360 out of 778 companies for PB Ratio. This puts Vndirect Securities in the upper half of its industry. The industry median PB Ratio is 1.31. Vndirect Securities' value of 1.25 is 4.6% below this benchmark. Historically, Vndirect Securities' own PB Ratio has ranged from 0.68 to 4.56 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.31, Vndirect Securities 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.31, 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. Vndirect Securities's current PB Ratio of 1.25 is 4.6% 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 Vndirect Securities and its competitors. For the Capital Markets industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vndirect Securities's current PB Ratio is 1.25, which is near median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vndirect Securities stock overvalued right now?
Based on GuruFocus' analysis, Vndirect Securities (STC:VND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫20,139.99, compared to a current price of ₫17,600.00 — trading 12.6% below its estimated fair value. The current PB Ratio is 1.25, which is near median its 10-year median of 1.34 and 4.6% below the Capital Markets industry median of 1.31. Vndirect Securities' overall GF Score™ is 90/100 with 4 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 Vndirect Securities (STC:VND), the current PB Ratio is 1.25 as of Jun. 25, 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 Vndirect Securities (STC:VND) Overvalued in 2026?
Based on GuruFocus' analysis, Vndirect Securities stock appears to be undervalued.
The current stock price of ₫17,600.00 is trading 12.6% below its estimated GF Value™ of ₫20,139.99.
GuruFocus considers Vndirect Securities to be Modestly Undervalued.
Key valuation signals for STC:VND:
PB Ratio: 1.25 (near median its 10-year median of 1.34)
GF Value™: ₫20,139.99 vs. price of ₫17,600.00 (12.6% below fair value)
Industry Position: 4.6% below the Capital Markets median (#360 of 778)
No single metric tells the full story. See the STC:VND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vndirect Securities Corp is engaged in the brokerage business. The company provides corporate finance consulting, self-trading, underwriting, and portfolio management.
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