Vast Renewables (Vast Renewables) Price-to-Tangible-Book : 36.45 (As of May. 28, 2024)

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What is Vast Renewables Price-to-Tangible-Book?

As of today (2024-05-28), Vast Renewables's share price is $2.77. Vast Renewables's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.08. Hence, Vast Renewables's Price to Tangible Book Ratio of today is 36.45.

The historical rank and industry rank for Vast Renewables's Price-to-Tangible-Book or its related term are showing as below:

VSTE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 34.63 Med: 68.29 Max: 68.29
Current: 34.63

During the past 3 years, Vast Renewables's highest Price to Tangible Book Ratio was 68.29. The lowest was 34.63. And the median was 68.29.

VSTE's Price-to-Tangible-Book is ranked worse than
98.42% of 948 companies
in the Semiconductors industry
Industry Median: 2.67 vs VSTE: 34.63

A closely related ratio is called PB Ratio. As of today, Vast Renewables's share price is $2.77. Vast Renewables's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.08. Hence, Vast Renewables's P/B Ratio of today is 36.45.

Vast Renewables Price-to-Tangible-Book Historical Data

The historical data trend for Vast Renewables's Price-to-Tangible-Book 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.

Vast Renewables Price-to-Tangible-Book Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Price-to-Tangible-Book

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	68.29

Competitive Comparison of Vast Renewables's Price-to-Tangible-Book

For the Solar subindustry, Vast Renewables's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Vast Renewables's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Vast Renewables's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Vast Renewables's Price-to-Tangible-Book falls into.

Vast Renewables Price-to-Tangible-Book Calculation

Vast Renewables's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.77	/	0.076
	=	36.45

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Vast Renewables Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Vast Renewables's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Vast Renewables (Vast Renewables) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vast Renewables Ltd (NAS:VSTE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

226-230 Liverpool Street, Darlinghurst, NSW, AUS, 2010

Website

https://www.vast.energy

Vast Solar Pty Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.

Vast Renewables (Vast Renewables) Headlines

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