Vietnamese (HOSE) Oil and Gas Refining and Marketing Industry Analysis

Industry Valuation and Performance

Has the Vietnamese Oil and Gas Refining and Marketing Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 14 Aug 2026	₫134.3t	₫187.6t	₫20.0t	8.1x	6.7x	0.7x
Sun, 12 Jul 2026	₫129.0t	₫164.2t	₫13.2t	10x	9.7x	0.8x
Tue, 09 Jun 2026	₫144.6t	₫164.2t	₫13.2t	11x	10.9x	0.9x
Thu, 07 May 2026	₫135.2t	₫164.2t	₫13.2t	10.6x	10.2x	0.8x
Sat, 04 Apr 2026	₫133.2t	₫149.8t	₫5.3t	16.6x	25.1x	0.9x
Mon, 02 Mar 2026	₫157.6t	₫149.8t	₫5.3t	16.4x	29.8x	1.1x
Wed, 28 Jan 2026	₫108.9t	₫148.2t	₫2.3t	15.7x	46.5x	0.7x
Fri, 26 Dec 2025	₫80.8t	₫146.3t	₫2.3t	19.6x	34.6x	0.6x
Sun, 23 Nov 2025	₫80.4t	₫146.3t	₫2.3t	18.9x	34.5x	0.5x
Tue, 21 Oct 2025	₫87.0t	₫143.0t	₫173.7b	15.7x	501x	0.6x
Thu, 18 Sep 2025	₫85.2t	₫143.0t	₫173.7b	17.1x	490.8x	0.6x
Sat, 16 Aug 2025	₫76.5t	₫142.9t	₫182.8b	18.3x	418.7x	0.5x
Mon, 14 Jul 2025	₫58.5t	₫129.6t	₫749.0b	19x	78x	0.5x
Wed, 11 Jun 2025	₫55.2t	₫129.6t	₫749.0b	19x	73.7x	0.4x
Fri, 09 May 2025	₫57.1t	₫129.6t	₫749.0b	19x	76.3x	0.4x
Sun, 06 Apr 2025	₫53.4t	₫129.8t	₫752.8b	19.3x	71x	0.4x
Tue, 04 Mar 2025	₫65.5t	₫135.2t	₫3.0t	19.5x	21.6x	0.5x
Thu, 30 Jan 2025	₫64.6t	₫135.2t	₫3.0t	18.1x	21.3x	0.5x
Sat, 28 Dec 2024	₫1.7t	₫5.9t	₫47.6b	9.6x	36.2x	0.3x
Mon, 25 Nov 2024	₫1.7t	₫5.9t	₫47.6b	9.7x	35.4x	0.3x
Wed, 23 Oct 2024	₫1.7t	₫5.9t	₫54.0b	7.7x	31.4x	0.3x
Fri, 20 Sep 2024	₫1.9t	₫5.9t	₫54.0b	7.9x	35.2x	0.3x
Sun, 18 Aug 2024	₫1.9t	₫5.9t	₫54.0b	7.5x	35.1x	0.3x
Tue, 16 Jul 2024	₫2.0t	₫5.7t	₫57.8b	7.5x	33.9x	0.3x
Thu, 13 Jun 2024	₫2.0t	₫5.7t	₫57.8b	7.7x	34.4x	0.4x
Sat, 11 May 2024	₫1.8t	₫5.7t	₫57.8b	7.4x	30.4x	0.3x
Mon, 08 Apr 2024	₫2.0t	₫5.5t	₫57.2b	8.2x	34.8x	0.4x
Wed, 06 Mar 2024	₫2.1t	₫5.8t	₫68.6b	8.4x	30.7x	0.4x
Fri, 02 Feb 2024	₫2.1t	₫5.8t	₫68.6b	7.7x	31.2x	0.4x
Sun, 31 Dec 2023	₫2.5t	₫6.1t	₫69.0b	12.6x	36.2x	0.4x
Tue, 28 Nov 2023	₫2.5t	₫6.1t	₫69.0b	12.7x	35.6x	0.4x
Thu, 26 Oct 2023	₫2.4t	₫4.3t	₫23.2b	2.6x	102.9x	0.6x
Sat, 23 Sep 2023	₫2.7t	₫4.3t	₫7.6b	5.3x	348.8x	0.6x
Mon, 21 Aug 2023	₫2.7t	₫4.3t	₫7.6b	5.9x	348.9x	0.6x

Current Industry PE

Investors are pessimistic on the Vietnamese Oil and Gas Refining and Marketing industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 6.7x which is lower than its 3-year average PE of 93.9x.

The industry is trading close to its 3-year average PS ratio of 0.51x.

Past Earnings Growth

The earnings for companies in the Oil and Gas Refining and Marketing industry have grown 1,281% per year over the last three years.
Revenues for these companies have grown 252% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Vietnamese Oil and Gas Refining and Marketing compare with similar industries?


VN Market	-0.11%
Energy	5.29%
Oil and Gas	5.68%
Oil and Gas Refining and Marketing	5.70%
Oil and Gas Storage and Transportation	5.90%
Oil and Gas Exploration and Production	3.33%
Coal and Fuels	1.54%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

	Company	Last Price	7D	1Y	Valuation
	PCT Global Pacific Shipping JSC	₫10.20k	1.0% +₫8.0b	-7.3%	PE8.1x
	TDG TDG Global Investment	₫2.44k	1.2% +₫726.3m	-30.3%	PE14.7x

Company

Last Price

Valuation

PCT Global Pacific Shipping JSC

₫10.20k

1.0%
+₫8.0b

-7.3%

PE8.1x

TDG TDG Global Investment

₫2.44k

1.2%
+₫726.3m

-30.3%

PE14.7x

New major risk - Earnings quality

The company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 127% Paying a dividend despite having no free cash flows. Earnings have declined by 13% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risk Market cap is less than US$100m (₫617.1b market cap, or US$23.4m).

Vietnamese (HOSE) Oil and Gas Refining and Marketing Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Second quarter 2026 earnings released: EPS: ₫1,490 (vs ₫169 in 2Q 2025)

New major risk - Earnings quality

New major risk - Shareholder dilution

TDG Global Investment Joint Stock Company Announces Changes in the Business Registration Certificate