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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Nam Mekong Group JSC Price-to-Tangible-Book Related Terms
Nam Mekong Group JSC Price-to-Tangible-Book Historical Data
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The historical data trend for Nam Mekong Group JSC's Price-to-Tangible-Book 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.
Nam Mekong Group JSC Price-to-Tangible-Book Competitor Comparison
For the Real Estate - Development subindustry, Nam Mekong Group JSC's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Nam Mekong Group JSC Price-to-Tangible-Book vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Nam Mekong Group JSC's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Nam Mekong Group JSC's Price-to-Tangible-Book 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Nam Mekong Group JSC (HSTC:VC3) has a Price-to-Tangible-Book of 2.41 as of Sep. 17, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Nam Mekong Group JSC and its competitors. According to the industry distribution chart, Nam Mekong Group JSC ranks #1406 out of 1684 companies in the Real Estate industry, placing it in the top 83.5%.
Is Nam Mekong Group JSC's Price-to-Tangible-Book too high?
Nam Mekong Group JSC's current Price-to-Tangible-Book is 2.41. The Real Estate industry median Price-to-Tangible-Book is 0.83. Nam Mekong Group JSC's value of 2.41 is 190.4% above this industry median. Based on the distribution chart, Nam Mekong Group JSC ranks #1406 out of 1684 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Nam Mekong Group JSC has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nam Mekong Group JSC's Price-to-Tangible-Book compare to competitors?
According to the Real Estate industry distribution chart, Nam Mekong Group JSC ranks #1406 out of 1684 companies for Price-to-Tangible-Book. This places Nam Mekong Group JSC in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.83. Nam Mekong Group JSC's value of 2.41 is 190.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Real Estate company?
The median Price-to-Tangible-Book among Real Estate companies is 0.83, based on 1,684 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nam Mekong Group JSC's current Price-to-Tangible-Book of 2.41 is 190.4% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Nam Mekong Group JSC and its competitors. For the Real Estate industry, the median Price-to-Tangible-Book is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Mekong Group JSC's current Price-to-Tangible-Book is 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Mekong Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Nam Mekong Group JSC (HSTC:VC3) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫16,509.69, compared to a current price of ₫24,000.00 — trading 45.4% above its estimated fair value. The current Price-to-Tangible-Book is 2.41 and 190.4% above the Real Estate industry median of 0.83. Nam Mekong Group JSC's overall GF Score™ is 52/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Nam Mekong Group JSC (HSTC:VC3), the current Price-to-Tangible-Book is 2.41 as of Sep. 17, 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 Nam Mekong Group JSC (HSTC:VC3) Overvalued in 2026?
Based on GuruFocus' analysis, Nam Mekong Group JSC stock appears to be overvalued.
The current stock price of ₫24,000.00 is trading 45.4% above its estimated GF Value™ of ₫16,509.69.
GuruFocus considers Nam Mekong Group JSC to be Significantly Overvalued.
Key valuation signals for HSTC:VC3:
Price-to-Tangible-Book: 2.41
GF Value™: ₫16,509.69 vs. price of ₫24,000.00 (45.4% above fair value)
Industry Position: 190.4% above the Real Estate median (#1406 of 1684)
No single metric tells the full story. See the HSTC:VC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nam Mekong Group JSC is engaged in real estate development and operations. It also invests in and develops urban, industrial, and resort real estate properties, as well as invests in renewable energy and seaport logistics projects.
52GF Score
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