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Vietnamese (HOSE) Real Estate Sector Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies66
  • 7D9.2%
  • 3M-5.3%
  • 1Y142.8%
  • YTD-6.8%

In the last week, the Real Estate industry is up 5.2%, with Vingroup up 13%. In the last 12 months, the industry was up 145%. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

Has the Vietnamese Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Apr 2026₫2209.1t₫604.5t₫85.0t19.7x26x3.7x
Thu, 12 Mar 2026₫1954.3t₫606.0t₫87.4t19.7x22.4x3.2x
Sat, 07 Feb 2026₫1884.1t₫604.4t₫86.6t21.6x21.8x3.1x
Mon, 05 Jan 2026₫2331.1t₫423.9t₫50.3t25.8x46.3x5.5x
Wed, 03 Dec 2025₫2010.5t₫423.9t₫50.3t23.6x39.9x4.7x
Fri, 31 Oct 2025₫1758.1t₫462.7t₫56.2t24.7x31.3x3.8x
Sun, 28 Sep 2025₫1510.1t₫455.5t₫58.6t34.9x25.8x3.3x
Tue, 26 Aug 2025₫1364.5t₫448.9t₫57.1t36.7x23.9x3x
Thu, 24 Jul 2025₫1244.0t₫454.9t₫50.8t28x24.5x2.7x
Sat, 21 Jun 2025₫992.3t₫456.6t₫50.4t24x19.7x2.2x
Mon, 19 May 2025₫899.8t₫453.4t₫49.4t23.8x18.2x2x
Wed, 16 Apr 2025₫830.3t₫376.6t₫47.4t26x17.5x2.2x
Fri, 14 Mar 2025₫772.4t₫368.7t₫46.9t32x16.5x2.1x
Sun, 09 Feb 2025₫670.9t₫368.1t₫47.3t31.6x14.2x1.8x
Tue, 07 Jan 2025₫673.3t₫292.9t₫37.1t25.5x18.2x2.3x
Thu, 05 Dec 2024₫671.2t₫298.7t₫37.8t21.4x17.7x2.2x
Sat, 02 Nov 2024₫690.9t₫309.4t₫44.8t32.6x15.4x2.2x
Mon, 30 Sep 2024₫721.7t₫282.0t₫39.1t32x18.4x2.6x
Wed, 28 Aug 2024₫723.8t₫282.4t₫39.0t31.1x18.6x2.6x
Fri, 26 Jul 2024₫682.0t₫279.5t₫37.8t33.1x18x2.4x
Sun, 23 Jun 2024₫692.0t₫288.9t₫42.5t22.4x16.3x2.4x
Tue, 21 May 2024₫731.4t₫289.0t₫42.5t23.7x17.2x2.5x
Thu, 18 Apr 2024₫709.7t₫328.7t₫47.8t31x14.8x2.2x
Sat, 16 Mar 2024₫751.1t₫328.7t₫47.6t33.2x15.8x2.3x
Mon, 12 Feb 2024₫715.3t₫328.6t₫47.5t29.8x15x2.2x
Wed, 10 Jan 2024₫729.1t₫367.1t₫53.9t22.4x13.5x2x
Fri, 08 Dec 2023₫716.0t₫371.6t₫54.3t20.6x13.2x1.9x
Sun, 05 Nov 2023₫683.0t₫372.8t₫54.2t20.4x12.6x1.8x
Tue, 03 Oct 2023₫748.6t₫341.6t₫60.6t19x12.4x2.2x
Thu, 31 Aug 2023₫877.2t₫341.2t₫61.0t18.9x14.4x2.6x
Sat, 29 Jul 2023₫841.9t₫276.7t₫53.1t20.4x15.8x3x
Mon, 26 Jun 2023₫800.8t₫278.9t₫53.6t20.7x14.9x2.9x
Wed, 24 May 2023₫774.2t₫277.7t₫53.2t21.3x14.6x2.8x
Fri, 21 Apr 2023₫756.8t₫239.0t₫48.6t21.7x15.6x3.2x
Price to Earnings Ratio

15.6x


Total Market Cap: ₫756.8tTotal Earnings: ₫48.6tTotal Revenue: ₫239.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Real Estate Sector Price to Earnings3Y Average 19.7x202420252026
Current Industry PE
  • Investors are optimistic on the Vietnamese Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 25.2x which is higher than its 3-year average PE of 19.7x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 36% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Vietnamese Real Estate sector?

VN Market4.79%
Real Estate9.19%
Real Estate9.19%
REITS0%0
Specialized REITs-0.64%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 19.7x.
    • Analysts are expecting annual earnings growth of 14.0%, which is lower than the prior year's growth of 34.8% per year.
  • Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 19.7x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 14% over the next 5 years.
  • However this is lower than its past earnings growth rate of 35% per year.
  • In contrast, the Real Estate industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VIC Vingroup₫165.50k15.4%
+₫165.7t
369.5%PE116.1x
VHM Vinhomes₫128.90k12.1%
+₫57.1t
124.2%PE12.6x
NVL No Va Land Investment Group₫17.10k15.9%
+₫5.2t
84.9%PE21.9x
VRE Vincom Retail₫27.90k8.1%
+₫4.8t
37.4%PE9.8x
BCM Becamex Investment and Industrial Development Group₫55.50k4.3%
+₫2.4t
-1.8%PE17.1x

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