VNG (HSTC:VNZ) ROE % Adjusted to Book Value: 9.01% (As of Mar. 2026)

VNG HSTC:VNZ +0.47% 78 ROE % Adjusted to Book Value is 9.01% as of Mar. 2026. GuruFocus rates HSTC:VNZ with a GF Score™ of 78/100 and a GF Value™ of ₫646,226.24 (Significantly Undervalued). The stock has 6 warning signs investors should review.

VNG's ROE % for the quarter that ended in Mar. 2026 was 111.81%. VNG's PB Ratio for the quarter that ended in Mar. 2026 was 12.41. VNG's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 9.01%.

VNG ROE % Adjusted to Book Value Related Terms

VNG ROE % Adjusted to Book Value Historical Data

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The historical data trend for VNG's ROE % Adjusted to Book Value 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.

VNG ROE % Adjusted to Book Value Chart

VNG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROE % Adjusted to Book Value

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0.00

-7.97

-4.63

-2.10

VNG Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															0.00	1.16	-0.51	-5.97	9.01

HSTC:VNZ vs UBER, SHOP, CRM: ROE % Adjusted to Book Value Comparison

For the Software - Application subindustry, VNG's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

VNG ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, VNG's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where VNG's ROE % Adjusted to Book Value falls into.

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78GF Score

VNG Corp HSTC:VNZ

ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.

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VNG ROE % Adjusted to Book Value Calculation

VNG's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-40.08%	/	19.07
	=	-2.10%

VNG's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	111.81%	/	12.41
	=	9.01%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of 9.01% mean?

VNG (HSTC:VNZ) has a ROE % Adjusted to Book Value of 9.01% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on VNG and its competitors.

Is VNG's ROE % Adjusted to Book Value too high?

VNG's current ROE % Adjusted to Book Value is 9.01%. Overall, VNG has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does VNG's ROE % Adjusted to Book Value compare to UBER and SHOP?

VNG's ROE % Adjusted to Book Value of 9.01% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROE % Adjusted to Book Value for a Software company?

A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROE % Adjusted to Book Value mean?

A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on VNG and its competitors. VNG's current ROE % Adjusted to Book Value is 9.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is VNG stock overvalued right now?

Based on GuruFocus' analysis, VNG (HSTC:VNZ) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫646,226.24, compared to a current price of ₫430,000.00 — trading 33.5% below its estimated fair value. The current ROE % Adjusted to Book Value is 9.01%. VNG's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROE % Adjusted to Book Value calculated?

ROE % Adjusted to Book Value is calculated from a company's financial statements. For VNG (HSTC:VNZ), the current ROE % Adjusted to Book Value is 9.01% 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 VNG (HSTC:VNZ) Overvalued in 2026?

Based on GuruFocus' analysis, VNG stock appears to be undervalued. The current stock price of ₫430,000.00 is trading 33.5% below its estimated GF Value™ of ₫646,226.24. GuruFocus considers VNG to be Significantly Undervalued.

Key valuation signals for HSTC:VNZ:

ROE % Adjusted to Book Value: 9.01%
GF Value™: ₫646,226.24 vs. price of ₫430,000.00 (33.5% below fair value)
GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the HSTC:VNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VNG Business Description

Industry Technology Software

Comparable Companies STC:CMG XTER:SAP UBER SHOP CRM CDNS NOW ADP SNOW DDOG ADBE INTU TSX:CSU ADSK PAYX ROP WDAY MSTR FICO XPAR:DSY

Address Z06 street 13, Tan Thuan Ward, District 7, Ho Chi Minh, VNM

Website https://www.vng.com.vn

VNG Corp offers a variety-of-products and services, including Online games, Communications and Media, Fintech, Cloud services, Zalo AI, and TrueID. The company has five business segments: Games & Entertainment, Zalo & AI, Zalopay, GreenNode, and Long-term Opportunities. The majority of its revenue is generated from the Games and Entertainment segment.

78GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫430,000.00

Price

₫646,226.24

GF Value

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