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Vela Technologies (LSE:VELA) PB Ratio : (As of Dec. 13, 2024)


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What is Vela Technologies 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 (2024-12-13), Vela Technologies's share price is £6.0E-5. Vela Technologies's Book Value per Share for the fiscal year that ended in Mar. 2024 was £0.00. Hence, Vela Technologies's PB Ratio of today is .

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

During the past 13 years, Vela Technologies's highest PB Ratio was 2.88. The lowest was 0.01. And the median was 0.13.

LSE:VELA's PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful PB Ratio only.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vela Technologies was 51.40% per year. The lowest was -77.60% per year. And the median was -30.70% per year.

Back to Basics: PB Ratio


Vela Technologies PB Ratio Historical Data

The historical data trend for Vela Technologies'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.

Vela Technologies PB Ratio Chart

Vela Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.75 - - -

Vela Technologies Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Vela Technologies's PB Ratio

For the Asset Management subindustry, Vela Technologies'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.


Vela Technologies's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Vela Technologies's PB Ratio distribution charts can be found below:

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



Vela Technologies 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.

Vela Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Mar. 2024)
=6.0E-5/0
=

* 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.


Vela Technologies  (LSE:VELA) 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.


Vela Technologies PB Ratio Related Terms

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Vela Technologies Business Description

Traded in Other Exchanges
Address
Mill Field Road, 15 Victoria Mews, Cottingley Business Park, Bingley, West Yorkshire, GBR, BD16 1PY
Vela Technologies PLC is a UK-based investment company based in London which is engaged in acquiring and consolidating holdings in small and medium-sized enterprises (SMEs), which are active in the development of emergent technologies. It operates through a single segment of Investments in the United Kingdom. It mainly focuses on investment in companies which are based in the UK or Europe with a number of opportunities to acquire interests in undervalued or pre-commercialization technologies and companies. The company seeks to deliver consistent growth, performance, and strong returns to shareholders by building a diverse portfolio of pre-IPO technology investments.

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