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Ventia Services Group (ASX:VNT) PB Ratio : 5.32 (As of May. 21, 2024)


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What is Ventia Services Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-21), Ventia Services Group's share price is A$3.55. Ventia Services Group's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.67. Hence, Ventia Services Group's PB Ratio of today is 5.32.

The historical rank and industry rank for Ventia Services Group's PB Ratio or its related term are showing as below:

ASX:VNT' s PB Ratio Range Over the Past 10 Years
Min: 3.74   Med: 4.98   Max: 6.67
Current: 5.32

During the past 3 years, Ventia Services Group's highest PB Ratio was 6.67. The lowest was 3.74. And the median was 4.98.

ASX:VNT's PB Ratio is ranked worse than
90.5% of 1621 companies
in the Construction industry
Industry Median: 1.25 vs ASX:VNT: 5.32

During the past 12 months, Ventia Services Group's average Book Value Per Share Growth Rate was 9.50% per year.

Back to Basics: PB Ratio


Ventia Services Group PB Ratio Historical Data

The historical data trend for Ventia Services Group's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ventia Services Group PB Ratio Chart

Ventia Services Group Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
4.39 3.96 4.71

Ventia Services Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio 4.39 4.30 3.96 4.79 4.71

Competitive Comparison of Ventia Services Group's PB Ratio

For the Infrastructure Operations subindustry, Ventia Services Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ventia Services Group's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's PB Ratio falls into.



Ventia Services Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Ventia Services Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.55/0.667
=5.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Ventia Services Group  (ASX:VNT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Ventia Services Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Ventia Services Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ventia Services Group (ASX:VNT) Business Description

Traded in Other Exchanges
Address
80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060
While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.