Thien Viet Securities JSC (STC:TVS) PE Ratio without NRI: 12.75 (As of Jul. 02, 2026) — 12% Above Median


STC:TVS Thien Viet Securities JSC STC:TVS
72 GF Score
Price ₫14,800.00
GF Value ₫12,453.14
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Thien Viet Securities JSC PE Ratio without NRI?

Thien Viet Securities JSC STC:TVS 72 PE Ratio without NRI is 12.75 as of Jul. 02, 2026, which is 12% above its 10-year median of 11.37. GuruFocus rates STC:TVS with a GF Score™ of 72/100 and a GF Value™ of ₫12,453.14 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 552 Capital Markets companies, Thien Viet Securities JSC ranks better than 65.04% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-02), Thien Viet Securities JSC's share price is ₫14800.00. Thien Viet Securities JSC's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₫1,161.16. Therefore, Thien Viet Securities JSC's PE Ratio without NRI for today is 12.75.

During the past 8 years, Thien Viet Securities JSC's highest PE Ratio without NRI was 115.73. The lowest was 3.80. And the median was 11.37.

Thien Viet Securities JSC's EPS without NRI for the three months ended in Mar. 2026 was ₫18.74. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₫1,161.16.

As of today (2026-07-02), Thien Viet Securities JSC's share price is ₫14800.00. Thien Viet Securities JSC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫1,194.56. Therefore, Thien Viet Securities JSC's PE Ratio (TTM) for today is 12.39.

During the past years, Thien Viet Securities JSC's highest PE Ratio (TTM) was 115.73. The lowest was 3.91. And the median was 11.69.

Thien Viet Securities JSC's EPS (Diluted) for the three months ended in Mar. 2026 was ₫10.00. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫1,194.56.

Thien Viet Securities JSC's EPS (Basic) for the three months ended in Mar. 2026 was ₫10.00. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫1,194.56.


Thien Viet Securities JSC  (STC:TVS) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Thien Viet Securities JSC PE Ratio without NRI Related Terms


Thien Viet Securities JSC PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Thien Viet Securities JSC's PE Ratio without NRI 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.

Thien Viet Securities JSC PE Ratio without NRI Chart

Thien Viet Securities JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial 12.74 51.59 13.38 12.68 11.60

Thien Viet Securities JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio without NRI 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 13.82 11.38 8.79 11.60 11.63

STC:TVS vs MS, GS, SCHW: PE Ratio without NRI Comparison

For the Capital Markets subindustry, Thien Viet Securities JSC's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


Thien Viet Securities JSC PE Ratio without NRI vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Thien Viet Securities JSC's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Thien Viet Securities JSC's PE Ratio without NRI falls into.


STC:TVS
72GF Score
Thien Viet Securities JSC STC:TVS
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Thien Viet Securities JSC PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.

Thien Viet Securities JSC's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=14800.00/1161.155
=12.75

Thien Viet Securities JSC's Share Price of today is ₫14800.00.
Thien Viet Securities JSC's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫1,161.16.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 12.75 mean?
Thien Viet Securities JSC (STC:TVS) has a PE Ratio without NRI of 12.75 as of Jul. 02, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Thien Viet Securities JSC and its competitors. This is 12% above median its historical median of 11.37. Over the past decade, Thien Viet Securities JSC's PE Ratio without NRI has ranged from 3.80 to 115.73. According to the industry distribution chart, Thien Viet Securities JSC ranks #193 out of 552 companies in the Capital Markets industry, placing it in the top 35%.
Is Thien Viet Securities JSC's PE Ratio without NRI too high?
Thien Viet Securities JSC's current PE Ratio without NRI of 12.75 is 12% above median its 10-year median of 11.37. Over the past 10 years, this metric has ranged from a low of 3.80 to a high of 115.73. The Capital Markets industry median PE Ratio without NRI is 16.85. Thien Viet Securities JSC's value of 12.75 is 24.3% below this industry median. Based on the distribution chart, Thien Viet Securities JSC ranks #193 out of 552 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Thien Viet Securities JSC has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thien Viet Securities JSC's PE Ratio without NRI compare to MS and GS?
According to the Capital Markets industry distribution chart, Thien Viet Securities JSC ranks #193 out of 552 companies for PE Ratio without NRI. This puts Thien Viet Securities JSC in the upper half of its industry. The industry median PE Ratio without NRI is 16.85. Thien Viet Securities JSC's value of 12.75 is 24.3% below this benchmark. Historically, Thien Viet Securities JSC's own PE Ratio without NRI has ranged from 3.80 to 115.73 over the past decade. While the company's 10-year median is 11.37 vs. the industry median of 16.85, Thien Viet Securities 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 PE Ratio without NRI for a Capital Markets company?
The median PE Ratio without NRI among Capital Markets companies is 16.85, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thien Viet Securities JSC's current PE Ratio without NRI of 12.75 is 24.3% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Thien Viet Securities JSC and its competitors. For the Capital Markets industry, the median PE Ratio without NRI is 16.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thien Viet Securities JSC's current PE Ratio without NRI is 12.75, which is 12% above median its own 10-year median of 11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thien Viet Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Thien Viet Securities JSC (STC:TVS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫12,453.14, compared to a current price of ₫14,800.00 — trading 18.8% above its estimated fair value. The current PE Ratio without NRI is 12.75, which is 12% above median its 10-year median of 11.37 and 24.3% below the Capital Markets industry median of 16.85. Thien Viet Securities JSC's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Thien Viet Securities JSC (STC:TVS), the current PE Ratio without NRI is 12.75 as of Jul. 02, 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 Thien Viet Securities JSC (STC:TVS) Overvalued in 2026?

Based on GuruFocus' analysis, Thien Viet Securities JSC stock appears to be overvalued. The current stock price of ₫14,800.00 is trading 18.8% above its estimated GF Value™ of ₫12,453.14. GuruFocus considers Thien Viet Securities JSC to be Modestly Overvalued.

Key valuation signals for STC:TVS:

  • PE Ratio without NRI: 12.75 (12% above median its 10-year median of 11.37)
  • GF Value™: ₫12,453.14 vs. price of ₫14,800.00 (18.8% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 24.3% below the Capital Markets median (#193 of 552)

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


Thien Viet Securities JSC Business Description

Address No. 4 Lang Ha Street, Giang Vo Ward, 15th Floor, HAREC Building, Hanoi, VNM
Thien Viet Securities JSC is engaged in the provision of financial advisory, investment banking, brokerage, research, and investment services. It also provides proprietary trading, financial and securities investment consulting, securities underwriting, and securities depository services.
72GF Score

Get the complete analysis for STC:TVS

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫14,800.00
Price
₫12,453.14
GF Value