Vast Resources (LSE:VAST) PB Ratio: (As of Jun. 25, 2026)

Vast Resources  (LSE:VAST) 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.

Vast Resources PB Ratio Related Terms

The historical data trend for Vast Resources'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.

Vast Resources PB Ratio Chart

Vast Resources Annual Data
	Trend	Mar15	Mar16	Mar17	Mar18	Apr20	Apr21	Apr22	Apr23	Apr24	Apr25
PB Ratio		Get a 7-Day Free Trial					3.18	1.02	10.87	0.00	0.00

Vast Resources Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24	Apr25	Oct25
PB Ratio	Get a 7-Day Free Trial															4.89	0.00	0.00	0.00	0.00

Vast Resources PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vast Resources'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.

Vast Resources PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vast Resources's PB Ratio distribution charts can be found below:

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

Vast Resources 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.

Vast Resources's PB Ratio for today is calculated as follows:

* 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.

Vast Resources Business Description