Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
As of Mar. 2026, Petrovietnam Transportation has a Sloan Ratio of 8.21%, indicating the company is in the safe zone and there is no funny business with accruals.
Petrovietnam Transportation (STC:PVT) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, Petrovietnam Transportation has a Sloan Ratio of 8.21%, indicating the company is in the safe zone and there is no funny business with accruals.
Petrovietnam Transportation Sloan Ratio % Related Terms
Petrovietnam Transportation Sloan Ratio % 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.
Petrovietnam Transportation Sloan Ratio % Competitor Comparison
For the Marine Shipping subindustry, Petrovietnam Transportation's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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.
Petrovietnam Transportation Sloan Ratio % vs Transportation Industry
For the Transportation industry and Industrials sector, Petrovietnam Transportation's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Petrovietnam Transportation's Sloan Ratio % falls into.
Petrovietnam Transportation Sloan Ratio % Calculation
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Petrovietnam Transportation's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 293686.729 (Jun. 2025 ) + 263378.757 (Sep. 2025 ) + 266242.659 (Dec. 2025 ) + 319047.082 (Mar. 2026 ) = ₫1,142,355 Mil.
Petrovietnam Transportation's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 287483.152 (Jun. 2025 ) + 1442145.269 (Sep. 2025 ) + 925866.328 (Dec. 2025 ) + 676392.186 (Mar. 2026 ) = ₫3,331,887 Mil.
Petrovietnam Transportation's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -677892.833 (Jun. 2025 ) + -591359.638 (Sep. 2025 ) + -2069510.741 (Dec. 2025 ) + -677405.12 (Mar. 2026 ) = ₫-4,016,168 Mil.
* 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.
Petrovietnam Transportation (STC:PVT) has a Sloan Ratio % of 8.21% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Petrovietnam Transportation and its competitors.
Is Petrovietnam Transportation's Sloan Ratio % too high?
Petrovietnam Transportation's current Sloan Ratio % is 8.21%. Overall, Petrovietnam Transportation has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Petrovietnam Transportation's Sloan Ratio % compare to competitors?
Petrovietnam Transportation's Sloan Ratio % of 8.21% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Transportation company?
A good Sloan Ratio % depends on the Transportation industry context. However, Sloan Ratio % 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 Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Petrovietnam Transportation and its competitors. Petrovietnam Transportation's current Sloan Ratio % is 8.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrovietnam Transportation stock overvalued right now?
Based on GuruFocus' analysis, Petrovietnam Transportation (STC:PVT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫26,213.10, compared to a current price of ₫18,900.00 — trading 27.9% below its estimated fair value. The current Sloan Ratio % is 8.21%. Petrovietnam Transportation's overall GF Score™ is 99/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Petrovietnam Transportation (STC:PVT), the current Sloan Ratio % is 8.21% 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 Petrovietnam Transportation (STC:PVT) Overvalued in 2026?
Based on GuruFocus' analysis, Petrovietnam Transportation stock appears to be undervalued.
The current stock price of ₫18,900.00 is trading 27.9% below its estimated GF Value™ of ₫26,213.10.
GuruFocus considers Petrovietnam Transportation to be Modestly Undervalued.
Key valuation signals for STC:PVT:
Sloan Ratio %: 8.21%
GF Value™: ₫26,213.10 vs. price of ₫18,900.00 (27.9% below fair value)
No single metric tells the full story. See the STC:PVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petrovietnam Transportation Corp provides maritime transportation and services to the oil and gas industry in Viet Nam and abroad Its services also include offshore petroleum technical services and logistics services.
99GF Score
Get the complete analysis for STC:PVT
Sloan Ratio % 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:PVT has been successfully added to your 
