PVI HoldingsHSTC:PVI +0.27%77 Pretax Margin % is 23.19% as of Mar. 2026, which is 74% above its 10-year median of 13.32. GuruFocus rates HSTC:PVI with a GF Score™ of 77/100 and a GF Value™ of ₫76,339.90 (Fairly Valued). The stock has 4 warning signs investors should review. Among 506 Insurance companies, PVI Holdings ranks better than 62.45% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. PVI Holdings's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₫714,323 Mil. PVI Holdings's Revenue for the
three
months ended in Mar. 2026 was ₫3,080,965 Mil. Therefore, PVI Holdings's pretax margin for the quarter that ended in Mar. 2026 was 23.19%.
The historical rank and industry rank for PVI Holdings's Pretax Margin % or its related term are showing as below:
HSTC:PVI'
s Pretax Margin % Range Over the Past 10 Years
Min: 12.2 Med: 13.32 Max: 19.21
Current: 15.71
HSTC:PVI's Pretax Margin % is ranked better than 62.45% of 506
companies
in the Insurance industry
Industry Median: 12.02
vs HSTC:PVI: 15.71
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
PVI Holdings Pretax Margin % Related Terms
PVI Holdings Pretax Margin % Historical Data
* Premium members only.
The historical data trend for PVI Holdings's Pretax Margin % 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.
HSTC:PVI vs CB, PGR, TRV: Pretax Margin % Comparison
For the Insurance - Property & Casualty subindustry, PVI Holdings's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
PVI Holdings Pretax Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, PVI Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where PVI Holdings's Pretax Margin % falls into.
* 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.
PVI Holdings (HSTC:PVI) has a Pretax Margin % of 23.19% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PVI Holdings and its competitors. This is 74% above median its historical median of 13.32. Over the past decade, PVI Holdings' Pretax Margin % has ranged from 12.20 to 19.21. According to the industry distribution chart, PVI Holdings ranks #190 out of 506 companies in the Insurance industry, placing it in the top 37.5%.
Is PVI Holdings' Pretax Margin % too high?
PVI Holdings' current Pretax Margin % of 23.19% is 74% above median its 10-year median of 13.32. Over the past 10 years, this metric has ranged from a low of 12.20 to a high of 19.21. The Insurance industry median Pretax Margin % is 12.02. PVI Holdings' value of 23.19% is 92.9% above this industry median. Based on the distribution chart, PVI Holdings ranks #190 out of 506 companies in the Insurance industry, which is above the industry midpoint. Overall, PVI Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PVI Holdings' Pretax Margin % compare to CB and PGR?
According to the Insurance industry distribution chart, PVI Holdings ranks #190 out of 506 companies for Pretax Margin %. This puts PVI Holdings in the upper half of its industry. The industry median Pretax Margin % is 12.02. PVI Holdings' value of 23.19% is 92.9% above this benchmark. Historically, PVI Holdings' own Pretax Margin % has ranged from 12.20 to 19.21 over the past decade. While the company's 10-year median is 13.32 vs. the industry median of 12.02, PVI Holdings 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 Pretax Margin % for an Insurance company?
The median Pretax Margin % among Insurance companies is 12.02, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PVI Holdings's current Pretax Margin % of 23.19% is 92.9% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on PVI Holdings and its competitors. For the Insurance industry, the median Pretax Margin % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PVI Holdings's current Pretax Margin % is 23.19%, which is 74% above median its own 10-year median of 13.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PVI Holdings stock overvalued right now?
Based on GuruFocus' analysis, PVI Holdings (HSTC:PVI) is currently considered Fairly Valued. The stock's GF Value™ is ₫76,339.90, compared to a current price of ₫74,500.00 — trading 2.4% below its estimated fair value. The current Pretax Margin % is 23.19%, which is 74% above median its 10-year median of 13.32 and 92.9% above the Insurance industry median of 12.02. PVI Holdings' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For PVI Holdings (HSTC:PVI), the current Pretax Margin % is 23.19% as of Mar. 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 PVI Holdings (HSTC:PVI) Overvalued in 2026?
Based on GuruFocus' analysis, PVI Holdings stock appears to be undervalued.
The current stock price of ₫74,500.00 is trading 2.4% below its estimated GF Value™ of ₫76,339.90.
GuruFocus considers PVI Holdings to be Fairly Valued.
Key valuation signals for HSTC:PVI:
Pretax Margin %: 23.19% (74% above median its 10-year median of 13.32)
GF Value™: ₫76,339.90 vs. price of ₫74,500.00 (2.4% below fair value)
Industry Position: 92.9% above the Insurance median (#190 of 506)
No single metric tells the full story. See the HSTC:PVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PVI Holdings is a Vietnam-based investment holding company. Through its subsidiaries, the company is engaged in the Non-life Insurance, Reinsurance and Asset Management.
77GF Score
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