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Vestis (Vestis) PB Ratio : 1.83 (As of May. 19, 2024)


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What is Vestis 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 (2024-05-19), Vestis's share price is $12.52. Vestis's Book Value per Share for the quarter that ended in Mar. 2024 was $6.85. Hence, Vestis's PB Ratio of today is 1.83.

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

VSTS' s PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.76   Max: 3.23
Current: 1.83

During the past 4 years, Vestis's highest PB Ratio was 3.23. The lowest was 1.37. And the median was 2.76.

VSTS's PB Ratio is ranked worse than
52.15% of 1022 companies
in the Business Services industry
Industry Median: 1.81 vs VSTS: 1.83

During the past 12 months, Vestis's average Book Value Per Share Growth Rate was -1.00% per year.

Back to Basics: PB Ratio


Vestis PB Ratio Historical Data

The historical data trend for Vestis'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.

Vestis PB Ratio Chart

Vestis Annual Data
Trend Sep20 Sep21 Sep22 Sep23
PB Ratio
- - - 2.88

Vestis Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 2.88 3.07 2.81

Competitive Comparison of Vestis's PB Ratio

For the Rental & Leasing Services subindustry, Vestis'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.


Vestis's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vestis's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vestis's PB Ratio falls into.



Vestis 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.

Vestis's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=12.52/6.852
=1.83

* 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.


Vestis  (NYSE:VSTS) 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.


Vestis PB Ratio Related Terms

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


Vestis (Vestis) Business Description

Traded in Other Exchanges
Address
500 Colonial Center Parkway, Suite 140, Roswell, GA, USA, 30076
Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.
Executives
Douglas A Pertz director 1801 BAYBERRY COURT, RICHMOND VA 23226
Ricky T Dillon officer: EVP and CFO ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Timothy R Donovan officer: EVP, CLO and General Counsel 1703 N. RANDALL ROAD, ELGIN IL 60123
Angela Kervin officer: EVP and Chief HR Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Kim Scott director, officer: President and CEO 150 PEABODY PL, MEMPHIS TN 38103
Lynn Mckee director
Williams Ena Koschel director 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Burke Richard L. Jr. director 90 FORT WADE ROAD, PONTE VEDRA FL 32081
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Mary Anne Whitney director 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Tracy C Jokinen director 5995 OPUS PARKWAY, SUITE 500, MINNETONKA MN 55343
Intermediate Holdco Aramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103
Christopher J Synek officer: Chief Operating Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Grant Shih officer: Chief Technology Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Ramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103