Ventia Services Group (ASX:VNT) Price-to-Tangible-Book : (As of Jun. 03, 2024)

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What is Ventia Services Group Price-to-Tangible-Book?

As of today (2024-06-03), Ventia Services Group's share price is A$3.67. Ventia Services Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$-0.68. Hence, Ventia Services Group's Price to Tangible Book Ratio of today is .

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

ASX:VNT's Price-to-Tangible-Book is not ranked ^*
in the Construction industry.
Industry Median: 1.34
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Ventia Services Group's share price is A$3.67. Ventia Services Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.67. Hence, Ventia Services Group's P/B Ratio of today is 5.50.

Ventia Services Group Price-to-Tangible-Book Historical Data

The historical data trend for Ventia Services Group'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.

Ventia Services Group Price-to-Tangible-Book Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	-	-	-	-	-

Competitive Comparison of Ventia Services Group's Price-to-Tangible-Book

For the Infrastructure Operations subindustry, Ventia Services Group'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.

Ventia Services Group's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's Price-to-Tangible-Book falls into.

Ventia Services Group Price-to-Tangible-Book Calculation

Ventia Services Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.67	/	-0.675
	=

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.

Ventia Services Group Price-to-Tangible-Book Related Terms

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

Ventia Services Group (ASX:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

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.