Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
VIX Securities JSC Price-to-Tangible-Book Related Terms
VIX Securities JSC Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for VIX Securities 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.
STC:VIX vs MS, GS, SCHW: Price-to-Tangible-Book Comparison
For the Capital Markets subindustry, VIX Securities 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.
VIX Securities JSC Price-to-Tangible-Book vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, VIX Securities JSC's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where VIX Securities 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.
VIX Securities JSC (STC:VIX) has a Price-to-Tangible-Book of 1.04 as of Sep. 12, 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 VIX Securities JSC and its competitors. According to the industry distribution chart, VIX Securities JSC ranks #299 out of 745 companies in the Capital Markets industry, placing it in the top 40.1%.
Is VIX Securities JSC's Price-to-Tangible-Book too high?
VIX Securities JSC's current Price-to-Tangible-Book is 1.04. The Capital Markets industry median Price-to-Tangible-Book is 1.35. VIX Securities JSC's value of 1.04 is 23% below this industry median. Based on the distribution chart, VIX Securities JSC ranks #299 out of 745 companies in the Capital Markets industry, which is above the industry midpoint. Overall, VIX Securities JSC has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does VIX Securities JSC's Price-to-Tangible-Book compare to MS and GS?
According to the Capital Markets industry distribution chart, VIX Securities JSC ranks #299 out of 745 companies for Price-to-Tangible-Book. This puts VIX Securities JSC in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.35. VIX Securities JSC's value of 1.04 is 23% below 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 Capital Markets company?
The median Price-to-Tangible-Book among Capital Markets companies is 1.35, based on 745 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. VIX Securities JSC's current Price-to-Tangible-Book of 1.04 is 23% 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 VIX Securities JSC and its competitors. For the Capital Markets industry, the median Price-to-Tangible-Book is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIX Securities JSC's current Price-to-Tangible-Book is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIX Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, VIX Securities JSC (STC:VIX) is currently considered Possible Value Trap. The stock's GF Value™ is ₫24,475.11, compared to a current price of ₫13,250.00 — trading 45.9% below its estimated fair value. The current Price-to-Tangible-Book is 1.04 and 23% below the Capital Markets industry median of 1.35. VIX Securities JSC's overall GF Score™ is 83/100 with 4 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 VIX Securities JSC (STC:VIX), the current Price-to-Tangible-Book is 1.04 as of Sep. 12, 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 VIX Securities JSC (STC:VIX) Overvalued in 2026?
Based on GuruFocus' analysis, VIX Securities JSC stock appears to be undervalued.
The current stock price of ₫13,250.00 is trading 45.9% below its estimated GF Value™ of ₫24,475.11.
GuruFocus considers VIX Securities JSC to be Possible Value Trap.
Key valuation signals for STC:VIX:
Price-to-Tangible-Book: 1.04
GF Value™: ₫24,475.11 vs. price of ₫13,250.00 (45.9% below fair value)
Industry Position: 23% below the Capital Markets median (#299 of 745)
No single metric tells the full story. See the STC:VIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VIX Securities JSC is a Vietnam-based company that provides brokerage services, securities trading, underwriting for securities issues, finance, and investment advisory services. The Company's goal is to become a securities company with the service quality in the Vietnamese market. The Company always strives to build sustainable trust, in order to bring the highest values and benefits to clients, partners, the community, stakeholders and each employee of the Company.
83GF Score
Get the complete analysis for STC:VIX
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STC:VIX has been successfully added to your 
