The P/E ratio is poised to expand its range to 13.5–15.x in an optimistic scenario, as the VN-Index fluctuates between 1,550 and 1,770, sustaining its upward trajectory in both the medium and long term.
According to the analysis team, the market's potential is bolstered by its attractively priced valuation compared to many regional markets, particularly as profit growth rates and ROE remain consistently high.