
PetroVietnam Construction Joint Stock Corporation (PVX), formerly known as Petroleum Construction Joint Stock Company, was established in 1983. In 2005, the Company transformed its business model into a Joint Stock Company. As a member of Vietnam Oil and Gas Corporation, the company is the only unit managing and operating exploration, exploitation and related activities in Vietnam, so PVX always receives help in capital, market expansion strategy, distribution channel from the Corporation. PetroVietnam's projects account for about 70-80% of the company's total output value. The Corporation has participated in the construction of many large oil and gas projects in the industry such as: fabrication and assembly of marine drilling rigs, Bach Ho gas transportation pipe system, LPG terminal, Dung Quat Oil Refinery, 2-3 million m3 of gas/day and night, Ca Mau Gas - Electricity Project and some other works that the Corporation has signed contracts with. In 2020, PVX was traded in the Upcom market.
PVX currently has a market capitalization of roughly VND 560 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 19,9x is 12% below its own 4-year average (22,6x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 4,6x, 5% below its multi-year average of 4,8x. Return on equity (ROE) is at -4%, down from -2,4% the year before. Its debt-to-equity ratio of 1,9x is relatively high, reflecting a leveraged capital structure. In 2024, revenue grew 2% year-on-year while after-tax profit grew 101%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Unit: VND billion. Growth (%) vs. previous period.
Unit: VND billion. Year-end values; current year uses latest session.
Unit: x. Financial debt over shareholders' equity.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.