VEFFF (VEF AB) PB Ratio: 0.52 (As of Jun. 25, 2026) — Near Median


VEFFF VEF AB VEFFF
43 GF Score
Price $0.21
! 3 Warning Signs
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What is VEF AB PB Ratio?

VEF AB VEFFF 43 PB Ratio is 0.52 as of Jun. 25, 2026, which is 5% below its 10-year median of 0.55. GuruFocus rates VEFFF with a GF Score™ of 43/100. The stock has 3 warning signs investors should review. Among 1,607 Asset Management companies, VEF AB ranks better than 90.23% on this metric.

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 (2026-06-25), VEF AB's share price is $0.2104. VEF AB's Book Value per Share for the quarter that ended in Mar. 2026 was $0.40. Hence, VEF AB's PB Ratio of today is 0.52.

Good Sign:

VEF AB stock PB Ratio (=0.48) is close to 2-year low of 0.47.

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

VEFFF' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.55   Max: 1.37
Current: 0.48

During the past 6 years, VEF AB's highest PB Ratio was 1.37. The lowest was 0.37. And the median was 0.55.

VEFFF's PB Ratio is ranked better than
90.23% of 1607 companies
in the Asset Management industry
Industry Median: 0.95 vs VEFFF: 0.48

During the past 12 months, VEF AB's average Book Value Per Share Growth Rate was 15.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.80% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of VEF AB was 3.80% per year. The lowest was -19.40% per year. And the median was 1.40% per year.

Back to Basics: PB Ratio


VEF AB  (OTCPK:VEFFF) 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.


VEF AB PB Ratio Related Terms


VEF AB PB Ratio Historical Data

* Premium members only.

The historical data trend for VEF AB'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.

VEF AB PB Ratio Chart

VEF AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.82 1.48 0.59 0.63 0.49

VEF AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.63 0.55 0.50 0.49 0.52

VEFFF vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, VEF AB'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.


VEF AB PB Ratio vs Asset Management Industry

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

* The bar in red indicates where VEF AB's PB Ratio falls into.


VEFFF
43GF Score
VEF AB VEFFF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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VEF AB 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.

VEF AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.2104/0.402
=0.52

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.52 mean?
VEF AB (VEFFF) has a PB Ratio of 0.52 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on VEF AB and its competitors. This is near median its historical median of 0.55. Over the past decade, VEF AB's PB Ratio has ranged from 0.37 to 1.37. According to the industry distribution chart, VEF AB ranks #157 out of 1607 companies in the Asset Management industry, placing it in the top 9.8%.
Is VEF AB's PB Ratio too high?
VEF AB's current PB Ratio of 0.52 is near median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.37. The Asset Management industry median PB Ratio is 0.95. VEF AB's value of 0.52 is 45.3% below this industry median. Based on the distribution chart, VEF AB ranks #157 out of 1607 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, VEF AB has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does VEF AB's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, VEF AB ranks #157 out of 1607 companies for PB Ratio. This places VEF AB in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.95. VEF AB's value of 0.52 is 45.3% below this benchmark. Historically, VEF AB's own PB Ratio has ranged from 0.37 to 1.37 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.95, VEF AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,607 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VEF AB's current PB Ratio of 0.52 is 45.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on VEF AB and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VEF AB's current PB Ratio is 0.52, which is near median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VEF AB stock overvalued right now?
VEF AB (VEFFF) has a current PB Ratio of 0.52. The current PB Ratio is 0.52, which is near median its 10-year median of 0.55 and 45.3% below the Asset Management industry median of 0.95. VEF AB's overall GF Score™ is 43/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For VEF AB (VEFFF), the current PB Ratio is 0.52 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VEF AB Business Description

Other Exchanges VEFAB:Sweden0TX:Germany
Address Master Samuelsgatan 1, 1st Floor, Stockholm, SWE, 111 44
VEF AB is an investment company that invests in growth-stage private fintech companies. The Company focuses on scaling emerging markets and invests across various areas of financial services, including payments, credit, mobile money, and wealth advisory. Its investment portfolio is concentrated in emerging markets such as Brazil, Mexico, India, and Pakistan.
43GF Score

Get the complete analysis for VEFFF

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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