Ocean Vantage Holdings Bhd (XKLS:0220) Price-to-Tangible-Book : 1.21 (As of May. 25, 2024)

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What is Ocean Vantage Holdings Bhd Price-to-Tangible-Book?

As of today (2024-05-25), Ocean Vantage Holdings Bhd's share price is RM0.185. Ocean Vantage Holdings Bhd's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was RM0.15. Hence, Ocean Vantage Holdings Bhd's Price to Tangible Book Ratio of today is 1.21.

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

XKLS:0220' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.14 Med: 1.61 Max: 3.68
Current: 1.23

During the past 8 years, Ocean Vantage Holdings Bhd's highest Price to Tangible Book Ratio was 3.68. The lowest was 1.14. And the median was 1.61.

XKLS:0220's Price-to-Tangible-Book is ranked better than
54.54% of 926 companies
in the Oil & Gas industry
Industry Median: 1.34 vs XKLS:0220: 1.23

A closely related ratio is called PB Ratio. As of today, Ocean Vantage Holdings Bhd's share price is RM0.185. Ocean Vantage Holdings Bhd's Book Value per Sharefor the quarter that ended in Dec. 2023 was RM0.15. Hence, Ocean Vantage Holdings Bhd's P/B Ratio of today is 1.21.

Ocean Vantage Holdings Bhd Price-to-Tangible-Book Historical Data

The historical data trend for Ocean Vantage Holdings Bhd'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.

Ocean Vantage Holdings Bhd Price-to-Tangible-Book Chart

Ocean Vantage Holdings Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.68

1.78

1.14

1.44

Ocean Vantage Holdings Bhd Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.14	1.07	0.90	1.51	1.44

Competitive Comparison of Ocean Vantage Holdings Bhd's Price-to-Tangible-Book

For the Oil & Gas Equipment & Services subindustry, Ocean Vantage Holdings Bhd'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.

Ocean Vantage Holdings Bhd's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ocean Vantage Holdings Bhd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ocean Vantage Holdings Bhd's Price-to-Tangible-Book falls into.

Ocean Vantage Holdings Bhd Price-to-Tangible-Book Calculation

Ocean Vantage Holdings Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.185	/	0.153
	=	1.21

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.

Ocean Vantage Holdings Bhd Price-to-Tangible-Book Related Terms

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

Ocean Vantage Holdings Bhd (XKLS:0220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ocean Vantage Holdings Bhd (XKLS:0220) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kuala Baram Land District, 1st & 2nd Floor, Block 11, Lot 6073 and 6074, Jalan Tudan, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000

Website

https://www.ovbhd.com

Ocean Vantage Holdings Bhd is engaged in the provision of support services for the oil and gas industry where it supports both the upstream and downstream oil and gas activities. The company's operations as a provider of engineering, fabrication, and NDT inspection and testing services. Its services include Rig/Platform Modifications; Rig Stacking & Reactivation; Rig Repair & Maintenance; Accommodation Refurbishment; Fabrication & Construction of Structures; Blasting & Painting Services; Equipment Rental, Repair & Maintenance; Marine Security Services; Conventional NDT & Inspection; Rope Access; Scaffolding Services; Tank Cleaning; and Crane, Structural, Piping Replacement; among others.

Ocean Vantage Holdings Bhd (XKLS:0220) Headlines

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