Vonex (ASX:VN8) PB Ratio: 2.69 (As of Jul. 11, 2026) — 19% Below Median


What is Vonex PB Ratio?

Vonex ASX:VN8 PB Ratio is 2.69 as of Jul. 11, 2026, which is 19% below its 10-year median of 3.33. The stock has 7 warning signs investors should review.

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 (2026-07-11), Vonex's share price is A$0.035. Vonex's Book Value per Share for the quarter that ended in Jun. 2025 was A$0.01. Hence, Vonex's PB Ratio of today is 2.69.

Warning Sign:

Vonex Ltd stock PB Ratio (=2.69) is close to 3-year high of 2.77.

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

ASX:VN8' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 3.33   Max: 7.89
Current: 2.69

During the past 9 years, Vonex's highest PB Ratio was 7.89. The lowest was 0.42. And the median was 3.33.

ASX:VN8's PB Ratio is not ranked
in the Telecommunication Services industry.
Industry Median: 1.845 vs ASX:VN8: 2.69

During the past 3 years, the average Book Value Per Share Growth Rate was -38.90% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Vonex was 37.30% per year. The lowest was -38.90% per year. And the median was -6.30% per year.

Back to Basics: PB Ratio


Vonex  (ASX:VN8) 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.


Vonex PB Ratio Related Terms


Vonex PB Ratio Historical Data

* Premium members only.

The historical data trend for Vonex'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.

Vonex PB Ratio Chart

Vonex Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 4.41 1.14 0.00 0.00 1.54

Vonex Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
PB Ratio 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 0.00 0.00 0.00 0.00 1.54

ASX:VN8 vs TMUS, T, VZ: PB Ratio Comparison

For the Telecom Services subindustry, Vonex'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.


Vonex PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vonex's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vonex's PB Ratio falls into.



Vonex 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.

Vonex's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=0.035/0.013
=2.69

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.69 mean?
Vonex (ASX:VN8) has a PB Ratio of 2.69 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vonex and its competitors. This is 19% below median its historical median of 3.33. Over the past decade, Vonex's PB Ratio has ranged from 0.42 to 7.89.
Is Vonex's PB Ratio too high?
Vonex's current PB Ratio of 2.69 is 19% below median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 7.89. The Telecommunication Services industry median PB Ratio is 1.85. Vonex's value of 2.69 is 45.8% above this industry median.
How does Vonex's PB Ratio compare to TMUS and T?
Vonex's PB Ratio of 2.69 can be compared against companies in the Telecommunication Services industry. The industry median PB Ratio is 1.85. Vonex's value of 2.69 is 45.8% above this benchmark. Historically, Vonex's own PB Ratio has ranged from 0.42 to 7.89 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 1.85, Vonex has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.85, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vonex's current PB Ratio of 2.69 is 45.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vonex and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vonex's current PB Ratio is 2.69, which is 19% below median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vonex stock overvalued right now?
Vonex (ASX:VN8) has a current PB Ratio of 2.69. The stock's GF Value™ is A$0.02, compared to a current price of A$0.04 — trading 75% above its estimated fair value. The current PB Ratio is 2.69, which is 19% below median its 10-year median of 3.33 and 45.8% above the Telecommunication Services industry median of 1.85. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Vonex (ASX:VN8), the current PB Ratio is 2.69 as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vonex Business Description

Address 303 Coronation Drive, Level 6, Milton, QLD, AUS, 4064
Vonex Ltd is an Australia-based telecommunications company. The Company also provides a full range of traditional telecommunications products such as mobile and internet. Its wholesale customers, such as internet service providers, can access the core Vonex PBX, call termination services, hardware, mobile , and internet at wholesale rates via a white-label model. Vonex also delivers custom-built software solutions to wholesale customers to facilitate projects of scale. Geographically, the company has operations in Australia and the United States. It generates a vast majority of the revenues from the retail segment within Australia.