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Pha Lai Thermal Power JSCSTC:PPC 76 Price-to-Tangible-Book is 0.63 as of Aug. 18, 2026, which is 42% below its 10-year median of 1.08. GuruFocus rates STC:PPC with a GF Score™ of 76/100 and a GF Value™ of ₫12,640.50 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 410 Utilities - Independent Power Producers companies, Pha Lai Thermal Power JSC ranks better than 81.22% on this metric.
The historical rank and industry rank for Pha Lai Thermal Power JSC's Price-to-Tangible-Book or its related term are showing as below:
STC:PPC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63 Med: 1.08 Max: 1.6
Current: 0.63
During the past 13 years, Pha Lai Thermal Power JSC's highest Price to Tangible Book Ratio was 1.60. The lowest was 0.63. And the median was 1.08.
STC:PPC's Price-to-Tangible-Book is ranked better than 81.22% of 410
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.47
vs STC:PPC: 0.63
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.
Pha Lai Thermal Power JSC Price-to-Tangible-Book Related Terms
Pha Lai Thermal Power JSC Price-to-Tangible-Book Historical Data
* 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.
Pha Lai Thermal Power JSC Price-to-Tangible-Book Chart
STC:PPC vs CEG, VST, NRG: Price-to-Tangible-Book Comparison
For the Utilities - Independent Power Producers subindustry, Pha Lai Thermal Power 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.
Pha Lai Thermal Power JSC Price-to-Tangible-Book vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Pha Lai Thermal Power JSC's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Pha Lai Thermal Power 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.
Pha Lai Thermal Power JSC (STC:PPC) has a Price-to-Tangible-Book of 0.63 as of Aug. 18, 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 Pha Lai Thermal Power JSC and its competitors. This is 42% below median its historical median of 1.08. Over the past decade, Pha Lai Thermal Power JSC's Price-to-Tangible-Book has ranged from 0.63 to 1.60. According to the industry distribution chart, Pha Lai Thermal Power JSC ranks #77 out of 410 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.8%.
Is Pha Lai Thermal Power JSC's Price-to-Tangible-Book too high?
Pha Lai Thermal Power JSC's current Price-to-Tangible-Book of 0.63 is 42% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 1.60. The Utilities - Independent Power Producers industry median Price-to-Tangible-Book is 1.47. Pha Lai Thermal Power JSC's value of 0.63 is 57.1% below this industry median. Based on the distribution chart, Pha Lai Thermal Power JSC ranks #77 out of 410 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Pha Lai Thermal Power JSC has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pha Lai Thermal Power JSC's Price-to-Tangible-Book compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Pha Lai Thermal Power JSC ranks #77 out of 410 companies for Price-to-Tangible-Book. This places Pha Lai Thermal Power JSC in the top 19% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 1.47. Pha Lai Thermal Power JSC's value of 0.63 is 57.1% below this benchmark. Historically, Pha Lai Thermal Power JSC's own Price-to-Tangible-Book has ranged from 0.63 to 1.60 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.47, Pha Lai Thermal Power 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 Price-to-Tangible-Book for an Utilities - Independent Power Producers company?
The median Price-to-Tangible-Book among Utilities - Independent Power Producers companies is 1.47, based on 410 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. Pha Lai Thermal Power JSC's current Price-to-Tangible-Book of 0.63 is 57.1% 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 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 Pha Lai Thermal Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Price-to-Tangible-Book is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pha Lai Thermal Power JSC's current Price-to-Tangible-Book is 0.63, which is 42% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pha Lai Thermal Power JSC stock overvalued right now?
Based on GuruFocus' analysis, Pha Lai Thermal Power JSC (STC:PPC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫12,640.50, compared to a current price of ₫9,090.00 — trading 28.1% below its estimated fair value. The current Price-to-Tangible-Book is 0.63, which is 42% below median its 10-year median of 1.08 and 57.1% below the Utilities - Independent Power Producers industry median of 1.47. Pha Lai Thermal Power JSC's overall GF Score™ is 76/100 with 1 warning sign 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 Pha Lai Thermal Power JSC (STC:PPC), the current Price-to-Tangible-Book is 0.63 as of Aug. 18, 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 Pha Lai Thermal Power JSC (STC:PPC) Overvalued in 2026?
Based on GuruFocus' analysis, Pha Lai Thermal Power JSC stock appears to be undervalued.
The current stock price of ₫9,090.00 is trading 28.1% below its estimated GF Value™ of ₫12,640.50.
GuruFocus considers Pha Lai Thermal Power JSC to be Modestly Undervalued.
Key valuation signals for STC:PPC:
Price-to-Tangible-Book: 0.63 (42% below median its 10-year median of 1.08)
GF Value™: ₫12,640.50 vs. price of ₫9,090.00 (28.1% below fair value)
Industry Position: 57.1% below the Utilities - Independent Power Producers median (#77 of 410)
No single metric tells the full story. See the STC:PPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pha Lai Thermal Power JSC operates as a coal-fired power plant in Vietnam. It is engaged in the operation, maintenance, and management of the thermal power plant in Hai Duong Province for electricity generation and distribution.
76GF Score
Get the complete analysis for STC:PPC
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