Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) PB Ratio : 1.39 (As of May. 26, 2024)

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What is Vahanna Tech Edge Acquisition I 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 (2024-05-26), Vahanna Tech Edge Acquisition I's share price is $11.12. Vahanna Tech Edge Acquisition I's Book Value per Share for the quarter that ended in Jun. 2023 was $7.97. Hence, Vahanna Tech Edge Acquisition I's PB Ratio of today is 1.39.

The historical rank and industry rank for Vahanna Tech Edge Acquisition I's PB Ratio or its related term are showing as below:

VHNA' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.98
Current: 1.39

During the past 2 years, Vahanna Tech Edge Acquisition I's highest PB Ratio was 1.98. The lowest was 0.00. And the median was 0.00.

VHNA's PB Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.865 vs VHNA: 1.39

During the past 12 months, Vahanna Tech Edge Acquisition I's average Book Value Per Share Growth Rate was 0.70% per year.

Back to Basics: PB Ratio

Vahanna Tech Edge Acquisition I PB Ratio Historical Data

The historical data trend for Vahanna Tech Edge Acquisition I'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.

Vahanna Tech Edge Acquisition I PB Ratio Chart

Vahanna Tech Edge Acquisition I Annual Data

Trend

Dec21

Dec22

PB Ratio

1.28

Vahanna Tech Edge Acquisition I Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
PB Ratio	Get a 7-Day Free Trial				1.26	1.27	1.28	1.31	1.33

Competitive Comparison of Vahanna Tech Edge Acquisition I's PB Ratio

For the Shell Companies subindustry, Vahanna Tech Edge Acquisition I'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.

Vahanna Tech Edge Acquisition I's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Vahanna Tech Edge Acquisition I's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vahanna Tech Edge Acquisition I's PB Ratio falls into.

Vahanna Tech Edge Acquisition I 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.

Vahanna Tech Edge Acquisition I's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	11.12	/	7.974
	=	1.39

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Vahanna Tech Edge Acquisition I (NAS:VHNA) 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.

Vahanna Tech Edge Acquisition I PB Ratio Related Terms

Thank you for viewing the detailed overview of Vahanna Tech Edge Acquisition I's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Vahanna Tech Edge Acquisition I Corp (NAS:VHNA) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1230 Avenue of the Americas, 16th Floor, New York, NY, USA, 10020

Website

https://www.vahannatech.com

Vahanna Tech Edge Acquisition I Corp is a newly blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Avacara Pte, Ltd.	10 percent owner	14 ROBINSON ROAD, #12-01/02, FAR EAST FINANCE BUILDING, SINGAPORE U0 048545
Steven J. Carlson	director	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Zoe Ashcroft	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Ankur Kamboj	officer: Chief Operating Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Mohit Pasricha	officer: Chief Financial Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Rohan Malhotra	director, officer: Chief Executive Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Supurna Vedbrat	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Xavier Blanchard	officer: See Remarks	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Akshaya Bhargava	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Vinode Ramgopal	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Ajay Shah	director	2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Abha Kumar	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Karan Puri	officer: Chief Executive Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Vahanna Llc	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Saurav Adhikari	director, officer: Chairman	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010