Vision Marine Technologies (Vision Marine Technologies) Price-to-Tangible-Book : 122.00 (As of May. 02, 2024)

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What is Vision Marine Technologies Price-to-Tangible-Book?

As of today (2024-05-02), Vision Marine Technologies's share price is $0.61. Vision Marine Technologies's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $0.01. Hence, Vision Marine Technologies's Price to Tangible Book Ratio of today is 122.00.

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

VMAR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.38 Med: 5.16 Max: 158
Current: 61

During the past 6 years, Vision Marine Technologies's highest Price to Tangible Book Ratio was 158.00. The lowest was 2.38. And the median was 5.16.

VMAR's Price-to-Tangible-Book is ranked worse than
99.5% of 1197 companies
in the Vehicles & Parts industry
Industry Median: 1.7 vs VMAR: 61.00

A closely related ratio is called PB Ratio. As of today, Vision Marine Technologies's share price is $0.61. Vision Marine Technologies's Book Value per Sharefor the quarter that ended in Feb. 2024 was $0.39. Hence, Vision Marine Technologies's P/B Ratio of today is 1.56.

Vision Marine Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Vision Marine Technologies'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.

Vision Marine Technologies Price-to-Tangible-Book Chart

Vision Marine Technologies Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Price-to-Tangible-Book

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2.89

5.16

60.98

Vision Marine Technologies Quarterly Data
	Aug18	Feb19	Aug19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															21.57	31.81	60.98	6.06	158.00

Competitive Comparison of Vision Marine Technologies's Price-to-Tangible-Book

For the Recreational Vehicles subindustry, Vision Marine Technologies'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.

Vision Marine Technologies's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Vision Marine Technologies's Price-to-Tangible-Book falls into.

Vision Marine Technologies Price-to-Tangible-Book Calculation

Vision Marine Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	0.61	/	0.005
	=	122.00

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.

Vision Marine Technologies Price-to-Tangible-Book Related Terms

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

Vision Marine Technologies (Vision Marine Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vision Marine Technologies Inc (NAS:VMAR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

730 Boulevard du Cure-Boivin, Boisbriand, Montreal, QC, CAN, J7G 2A7

Website

https://www.visionmarinetechnologies.com

Vision Marine Technologies Inc is in the business of designing and manufacturing electric outboard powertrain systems, power boats, and related technology and the renting of electric boats. The different models of the powerboats and electric boats manufactured by the company includes, Bruce 22, Fantail 217, Volt 180 and others. The company operates in two reportable business segments; Sale of electric boats and Rental of electric boats. The majority of the revenue for the company is generated from its Rental of electric boats segment. Geographically, the company generates revenue from its business in Canada, USA and other countries. A substantial portion of the overall revenue is generated from its business in USA.