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Ocean Vantage Holdings Bhd (XKLS:0220) PB Ratio : 1.21 (As of May. 25, 2024)


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What is Ocean Vantage Holdings Bhd 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 (2024-05-25), Ocean Vantage Holdings Bhd's share price is RM0.185. Ocean Vantage Holdings Bhd's Book Value per Share for the quarter that ended in Dec. 2023 was RM0.15. Hence, Ocean Vantage Holdings Bhd's PB Ratio of today is 1.21.

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

XKLS:0220' s PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.46   Max: 5.04
Current: 1.2

During the past 8 years, Ocean Vantage Holdings Bhd's highest PB Ratio was 5.04. The lowest was 0.86. And the median was 1.46.

XKLS:0220's PB Ratio is ranked better than
52.48% of 987 companies
in the Oil & Gas industry
Industry Median: 1.24 vs XKLS:0220: 1.20

During the past 12 months, Ocean Vantage Holdings Bhd's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.80% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Ocean Vantage Holdings Bhd was 55.80% per year. The lowest was 8.10% per year. And the median was 39.90% per year.

Back to Basics: PB Ratio


Ocean Vantage Holdings Bhd PB Ratio Historical Data

The historical data trend for Ocean Vantage Holdings Bhd'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.

Ocean Vantage Holdings Bhd PB Ratio Chart

Ocean Vantage Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 3.68 1.78 1.14 1.44

Ocean Vantage Holdings Bhd Quarterly Data
Dec16 Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.14 1.07 0.90 1.51 1.44

Competitive Comparison of Ocean Vantage Holdings Bhd's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Ocean Vantage Holdings Bhd'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.


Ocean Vantage Holdings Bhd's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ocean Vantage Holdings Bhd's PB Ratio falls into.



Ocean Vantage Holdings Bhd 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.

Ocean Vantage Holdings Bhd's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.185/0.153
=1.21

* 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.


Ocean Vantage Holdings Bhd  (XKLS:0220) 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.


Ocean Vantage Holdings Bhd PB Ratio Related Terms

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


Ocean Vantage Holdings Bhd (XKLS:0220) Business Description

Traded in Other Exchanges
N/A
Address
Kuala Baram Land District, 1st & 2nd Floor, Block 11, Lot 6073 and 6074, Jalan Tudan, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000
Ocean Vantage Holdings Bhd is engaged in the provision of support services for the oil and gas industry where it supports both the upstream and downstream oil and gas activities. The company's operations as a provider of engineering, fabrication, and NDT inspection and testing services. Its services include Rig/Platform Modifications; Rig Stacking & Reactivation; Rig Repair & Maintenance; Accommodation Refurbishment; Fabrication & Construction of Structures; Blasting & Painting Services; Equipment Rental, Repair & Maintenance; Marine Security Services; Conventional NDT & Inspection; Rope Access; Scaffolding Services; Tank Cleaning; and Crane, Structural, Piping Replacement; among others.

Ocean Vantage Holdings Bhd (XKLS:0220) Headlines

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