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Venture (Venture) Price-to-Tangible-Book : 1.80 (As of Apr. 26, 2024)


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What is Venture Price-to-Tangible-Book?

As of today (2024-04-26), Venture's share price is $10.20. Venture's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.67. Hence, Venture's Price to Tangible Book Ratio of today is 1.80.

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

VEMLF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.8   Med: 2.31   Max: 3.82
Current: 1.86

During the past 13 years, Venture's highest Price to Tangible Book Ratio was 3.82. The lowest was 1.80. And the median was 2.31.

VEMLF's Price-to-Tangible-Book is ranked better than
53.62% of 2305 companies
in the Hardware industry
Industry Median: 2.03 vs VEMLF: 1.86

A closely related ratio is called PB Ratio. As of today, Venture's share price is $10.20. Venture's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.33. Hence, Venture's P/B Ratio of today is 1.39.


Venture Price-to-Tangible-Book Historical Data

The historical data trend for Venture'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.

Venture Price-to-Tangible-Book Chart

Venture Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 2.82 2.71 2.20 1.76

Venture Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 2.29 2.20 2.12 1.76

Competitive Comparison of Venture's Price-to-Tangible-Book

For the Electronic Components subindustry, Venture'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.


Venture's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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



Venture Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=10.20/5.669
=1.80

* 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 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.


Venture Price-to-Tangible-Book Related Terms

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


Venture (Venture) Business Description

Traded in Other Exchanges
Address
5006 Ang Mo Kio Avenue 5, No. 05-01/12 TECHplace II, Singapore, SGP, 569873
Venture Corp Ltd is a Singapore-based company that provides technology services, products and solutions. It offers solutions such as supply chain management, product refurbishment, and technical support, product and process engineering and others. The company's reportable segments are Advanced Manufacturing and Design Solutions, and Technology Products and Design Solutions. It generates a majority of its revenue from the Advanced Manufacturing and Design Solutions segment. Geographically, the company generates a majority of its revenue from Asia excluding Singapore.

Venture (Venture) Headlines

From GuruFocus

Roger Edgley Comments on Venture Corp. Ltd.

By Holly LaFon Holly LaFon 12-07-2017