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VPBank Securities JSCSTC:VPX 36 Pretax Margin % is 68.16% as of Jun. 2026, which is 7% above its 10-year median of 63.44. GuruFocus rates STC:VPX with a GF Score™ of 36/100. The stock has 2 warning signs investors should review. Among 773 Capital Markets companies, VPBank Securities JSC ranks better than 82.54% on this metric.
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.
VPBank Securities JSC Pretax Margin % Related Terms
VPBank Securities JSC Pretax Margin % Historical Data
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The historical data trend for VPBank Securities JSC'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.
STC:VPX vs MS, GS, SCHW: Pretax Margin % Comparison
For the Capital Markets subindustry, VPBank Securities JSC'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.
VPBank Securities JSC Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, VPBank Securities JSC's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where VPBank Securities JSC'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.
VPBank Securities JSC (STC:VPX) has a Pretax Margin % of 68.16% as of Jun. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on VPBank Securities JSC and its competitors. This is near median its historical median of 63.44. Over the past decade, VPBank Securities JSC's Pretax Margin % has ranged from 56.62 to 70.26. According to the industry distribution chart, VPBank Securities JSC ranks #135 out of 773 companies in the Capital Markets industry, placing it in the top 17.5%.
Is VPBank Securities JSC's Pretax Margin % too high?
VPBank Securities JSC's current Pretax Margin % of 68.16% is near median its 10-year median of 63.44. Over the past 10 years, this metric has ranged from a low of 56.62 to a high of 70.26. The Capital Markets industry median Pretax Margin % is 21.72. VPBank Securities JSC's value of 68.16% is 213.8% above this industry median. Based on the distribution chart, VPBank Securities JSC ranks #135 out of 773 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, VPBank Securities JSC has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does VPBank Securities JSC's Pretax Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, VPBank Securities JSC ranks #135 out of 773 companies for Pretax Margin %. This places VPBank Securities JSC in the top 18% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 21.72. VPBank Securities JSC's value of 68.16% is 213.8% above this benchmark. Historically, VPBank Securities JSC's own Pretax Margin % has ranged from 56.62 to 70.26 over the past decade. While the company's 10-year median is 63.44 vs. the industry median of 21.72, VPBank Securities 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 Pretax Margin % for a Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 21.72, based on 773 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. VPBank Securities JSC's current Pretax Margin % of 68.16% is 213.8% 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 VPBank Securities JSC and its competitors. For the Capital Markets industry, the median Pretax Margin % is 21.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VPBank Securities JSC's current Pretax Margin % is 68.16%, which is near median its own 10-year median of 63.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VPBank Securities JSC stock overvalued right now?
VPBank Securities JSC (STC:VPX) has a current Pretax Margin % of 68.16%. The current Pretax Margin % is 68.16%, which is near median its 10-year median of 63.44 and 213.8% above the Capital Markets industry median of 21.72. VPBank Securities JSC's overall GF Score™ is 36/100 with 2 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 VPBank Securities JSC (STC:VPX), the current Pretax Margin % is 68.16% as of Jun. 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.
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