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Vantage Drilling International (Vantage Drilling International) PB Ratio : 1.07 (As of May. 02, 2024)


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What is Vantage Drilling International 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 (2024-05-02), Vantage Drilling International's share price is $21.00. Vantage Drilling International's Book Value per Share for the quarter that ended in Jun. 2023 was $19.63. Hence, Vantage Drilling International's PB Ratio of today is 1.07.

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

VTDRF' s PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.5   Max: 1.53
Current: 1.07

During the past 13 years, Vantage Drilling International's highest PB Ratio was 1.53. The lowest was 0.03. And the median was 0.50.

VTDRF's PB Ratio is ranked better than
59.45% of 989 companies
in the Oil & Gas industry
Industry Median: 1.24 vs VTDRF: 1.07

During the past 12 months, Vantage Drilling International's average Book Value Per Share Growth Rate was -13.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -26.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vantage Drilling International was 201.00% per year. The lowest was -28.60% per year. And the median was -11.70% per year.

Back to Basics: PB Ratio


Vantage Drilling International PB Ratio Historical Data

The historical data trend for Vantage Drilling International'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.

Vantage Drilling International PB Ratio Chart

Vantage Drilling International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.11 0.29 0.73

Vantage Drilling International Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.77 0.82 0.73 0.80 1.02

Competitive Comparison of Vantage Drilling International's PB Ratio

For the Oil & Gas Drilling subindustry, Vantage Drilling International'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.


Vantage Drilling International's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Vantage Drilling International's PB Ratio falls into.



Vantage Drilling International 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.

Vantage Drilling International's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=21.00/19.627
=1.07

* 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.


Vantage Drilling International  (OTCPK:VTDRF) 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.


Vantage Drilling International PB Ratio Related Terms

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


Vantage Drilling International (Vantage Drilling International) Business Description

Traded in Other Exchanges
N/A
Address
c/o Vantage Energy Services, Inc., 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056
Vantage Drilling International is an offshore drilling contractor. It operates and manages a fleet of drilling units. Its principal business is to contract drilling units, related equipment, and work crews on a day rate basis to drill oil and natural gas wells. Its rig fleet consists of ultra-deep-water drillships, including Platinum Explorer and Tungsten Explorer; and Jackups, including Topaz Driller and Soehanah. The company's geographical segments includes Drilling Services and Managed Services. It operates in Cayman Islands, Montenegro, Qatar, India, Indonesia, Lebanon, Congo, and Other Countries.

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