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Viva Energy Group (ASX:VEA) PB Ratio : 2.63 (As of May. 15, 2024)


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What is Viva Energy Group 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 (2024-05-15), Viva Energy Group's share price is A$3.42. Viva Energy Group's Book Value per Share for the quarter that ended in Dec. 2023 was A$1.30. Hence, Viva Energy Group's PB Ratio of today is 2.63.

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

ASX:VEA' s PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.69   Max: 2.92
Current: 2.62

During the past 6 years, Viva Energy Group's highest PB Ratio was 2.92. The lowest was 0.86. And the median was 1.69.

ASX:VEA's PB Ratio is ranked worse than
81.25% of 992 companies
in the Oil & Gas industry
Industry Median: 1.24 vs ASX:VEA: 2.62

During the past 12 months, Viva Energy Group's average Book Value Per Share Growth Rate was -14.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Viva Energy Group was -0.40% per year. The lowest was -8.10% per year. And the median was -4.00% per year.

Back to Basics: PB Ratio


Viva Energy Group PB Ratio Historical Data

The historical data trend for Viva Energy Group'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.

Viva Energy Group PB Ratio Chart

Viva Energy Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 1.37 1.49 1.73 1.79 2.68

Viva Energy Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.73 1.73 1.79 2.26 2.68

Competitive Comparison of Viva Energy Group's PB Ratio

For the Oil & Gas Refining & Marketing subindustry, Viva Energy Group'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.


Viva Energy Group's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Viva Energy Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Viva Energy Group's PB Ratio falls into.



Viva Energy Group 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.

Viva Energy Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.42/1.302
=2.63

* 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.


Viva Energy Group  (ASX:VEA) 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.


Viva Energy Group PB Ratio Related Terms

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


Viva Energy Group (ASX:VEA) Business Description

Traded in Other Exchanges
Address
720 Bourke Street, Level 16, Docklands, Melbourne, VIC, AUS, 3008
Viva is Australia's second-largest vertically integrated refined transport fuel supplier. We rate Viva as the second-most-significant pipeline owner, and at approximately 1,155 locations, Viva supplies the third-largest number of retail sites in Australia behind Ampol at approximately 1,985 and BP at 1,400.Vitol bought Shell's Australian downstream operations in 2014, and renamed them Viva Energy. Viva subsequently bought Shell's Australian aviation operations and a 50% investment in Liberty Oil. In 2016, Viva sold (and leased back) a portfolio of its retail sites to Viva Energy REIT and listed Viva Energy REIT on the ASX. It has since sold its entire REIT stake for AUD 734 million.

Viva Energy Group (ASX:VEA) Headlines

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