Vietnamese (HOSE) IT Industry Analysis

Industry Valuation and Performance

Has the Vietnamese IT Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 11 Jul 2026	₫129.1t	₫80.6t	₫9.7t	16.6x	13.3x	1.6x
Mon, 08 Jun 2026	₫136.7t	₫80.6t	₫9.7t	16.9x	14x	1.7x
Wed, 06 May 2026	₫135.6t	₫79.9t	₫9.7t	18x	14x	1.7x
Fri, 03 Apr 2026	₫136.7t	₫83.1t	₫9.4t	18.3x	14.6x	1.6x
Sun, 01 Mar 2026	₫169.3t	₫83.1t	₫9.4t	19.1x	18x	2x
Tue, 27 Jan 2026	₫179.4t	₫79.7t	₫8.9t	20.1x	20.1x	2.2x
Thu, 25 Dec 2025	₫170.3t	₫78.3t	₫8.9t	12.3x	19.1x	2.2x
Sat, 22 Nov 2025	₫182.8t	₫78.1t	₫8.8t	12.5x	20.7x	2.3x
Mon, 20 Oct 2025	₫160.9t	₫76.4t	₫8.4t	14.2x	19.1x	2.1x
Wed, 17 Sep 2025	₫188.3t	₫76.3t	₫8.4t	16.7x	22.4x	2.5x
Fri, 15 Aug 2025	₫189.6t	₫76.3t	₫8.4t	14.5x	22.5x	2.5x
Sun, 13 Jul 2025	₫199.4t	₫74.4t	₫8.1t	24.6x	24.7x	2.7x
Tue, 10 Jun 2025	₫181.0t	₫74.2t	₫8.0t	22.5x	22.5x	2.4x
Thu, 08 May 2025	₫171.3t	₫74.2t	₫8.0t	21.2x	21.3x	2.3x
Sat, 05 Apr 2025	₫175.8t	₫72.3t	₫7.7t	22.7x	22.9x	2.4x
Mon, 03 Mar 2025	₫218.7t	₫72.3t	₫7.7t	28.6x	28.6x	3x
Wed, 29 Jan 2025	₫238.6t	₫72.1t	₫7.6t	33.2x	31.5x	3.3x
Fri, 27 Dec 2024	₫233.9t	₫69.1t	₫7.3t	36.7x	32.1x	3.4x
Sun, 24 Nov 2024	₫209.8t	₫69.1t	₫7.3t	34.2x	28.8x	3x
Tue, 22 Oct 2024	₫212.2t	₫66.8t	₫6.9t	32.9x	30.6x	3.2x
Thu, 19 Sep 2024	₫209.3t	₫66.8t	₫6.9t	32.4x	30.1x	3.1x
Sat, 17 Aug 2024	₫203.3t	₫66.8t	₫6.9t	31.9x	29.3x	3x
Mon, 15 Jul 2024	₫210.4t	₫64.0t	₫6.6t	31.5x	31.9x	3.3x
Wed, 12 Jun 2024	₫199.1t	₫63.9t	₫6.6t	29x	30.1x	3.1x
Fri, 10 May 2024	₫178.6t	₫63.9t	₫6.6t	26.6x	27x	2.8x
Sun, 07 Apr 2024	₫156.0t	₫61.6t	₫6.3t	24.7x	24.6x	2.5x
Tue, 05 Mar 2024	₫151.7t	₫61.6t	₫6.3t	23.9x	23.9x	2.5x
Thu, 01 Feb 2024	₫131.4t	₫61.5t	₫6.3t	23.4x	20.9x	2.1x
Sat, 30 Dec 2023	₫132.7t	₫60.0t	₫6.0t	25.5x	22x	2.2x
Mon, 27 Nov 2023	₫125.3t	₫60.0t	₫6.0t	23.7x	20.9x	2.1x
Wed, 25 Oct 2023	₫125.8t	₫59.3t	₫6.0t	24.3x	21x	2.1x
Fri, 22 Sep 2023	₫142.1t	₫56.7t	₫5.7t	24.2x	24.9x	2.5x
Sun, 20 Aug 2023	₫126.3t	₫56.7t	₫5.7t	30.6x	22.2x	2.2x
Tue, 18 Jul 2023	₫109.2t	₫55.0t	₫5.4t	21.5x	20.1x	2x

Current Industry PE

Investors are pessimistic on the Vietnamese IT 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 13.3x which is lower than its 3-year average PE of 23.4x.

The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.6x.

Past Earnings Growth

The earnings for companies in the IT industry have grown 21% per year over the last three years.
Revenues for these companies have grown 14% 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 Tech industry?


VN Market	-1.79%
Tech	-2.38%
IT	-2.27%
IT Consulting	-2.27%

Industry PE

Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 23.4x.

Analysts are expecting annual earnings growth of 15.6%, which is lower than the prior year's growth of 20.6% per year.

Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 23.4x.

Forecasted Growth

Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 16% over the next 5 years.
However this is lower than its past earnings growth rate of 21% per year.

In contrast, the IT Consulting industry is expected to see its earnings grow by 16% per year over the next few years.

	Company	Last Price	7D	1Y	Valuation
	VLA Van Lang Technology Development and Investment	₫10.00k	4.2% +₫1.6b	-8.3%	PE44x

Company

Last Price

Valuation

VLA Van Lang Technology Development and Investment

₫10.00k

4.2%
+₫1.6b

-8.3%

PE44x

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Vietnamese (HOSE) IT Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 18%

FPT Corporation Releases Global Study And Launches FleziPT AI Platform And FPT CASAN AI Transformation Methodology

Now 21% overvalued

CMC Corporation, Annual General Meeting, Jul 31, 2026

New major risk - Earnings quality