VMAR (Vision Marine Technologies) PB Ratio: 0.03 (As of Jun. 25, 2026) — 94% Below Median


VMAR Vision Marine Technologies Inc VMAR
16 GF Score
Price $2.03
! 3 Warning Signs
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What is Vision Marine Technologies PB Ratio?

Vision Marine Technologies VMAR +3.05% 16 PB Ratio is 0.03 as of Jun. 25, 2026, which is 94% below its 10-year median of 0.47. GuruFocus rates VMAR with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,295 Vehicles & Parts companies, Vision Marine Technologies ranks better than 99.77% 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), Vision Marine Technologies's share price is $2.03. Vision Marine Technologies's Book Value per Share for the quarter that ended in Feb. 2026 was $77.78. Hence, Vision Marine Technologies's PB Ratio of today is 0.03.

Good Sign:

Vision Marine Technologies Inc stock PB Ratio (=0.03) is close to 2-year low of 0.03.

The historical rank and industry rank for Vision Marine Technologies's PB Ratio or its related term are showing as below:

VMAR' s PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.47   Max: 1.23
Current: 0.03

During the past 8 years, Vision Marine Technologies's highest PB Ratio was 1.23. The lowest was 0.02. And the median was 0.47.

VMAR's PB Ratio is ranked better than
99.77% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 1.39 vs VMAR: 0.03

During the past 12 months, Vision Marine Technologies's average Book Value Per Share Growth Rate was -98.60% per year.

Back to Basics: PB Ratio


Vision Marine Technologies  (NAS:VMAR) 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.


Vision Marine Technologies PB Ratio Related Terms


Vision Marine Technologies PB Ratio Historical Data

* Premium members only.

The historical data trend for Vision Marine Technologies'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.

Vision Marine Technologies PB Ratio Chart

Vision Marine Technologies Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 1.07

Vision Marine Technologies Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.56 0.80 1.07 1.50 0.32

VMAR vs MCOM, EZGO, VEEE: PB Ratio Comparison

For the Recreational Vehicles subindustry, Vision Marine Technologies'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.


Vision Marine Technologies PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vision Marine Technologies's PB Ratio falls into.


VMAR
16GF Score
Vision Marine Technologies Inc VMAR
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vision Marine Technologies 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.

Vision Marine Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Feb. 2026)
=2.03/77.779
=0.03

* 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 0.03 mean?
Vision Marine Technologies (VMAR) has a PB Ratio of 0.03 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 Vision Marine Technologies and its competitors. This is 94% below median its historical median of 0.47. Over the past decade, Vision Marine Technologies' PB Ratio has ranged from 0.02 to 1.23. According to the industry distribution chart, Vision Marine Technologies ranks #3 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 0.2%.
Is Vision Marine Technologies' PB Ratio too high?
Vision Marine Technologies' current PB Ratio of 0.03 is 94% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.23. The Vehicles & Parts industry median PB Ratio is 1.39. Vision Marine Technologies' value of 0.03 is 97.8% below this industry median. Based on the distribution chart, Vision Marine Technologies ranks #3 out of 1295 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Vision Marine Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vision Marine Technologies' PB Ratio compare to MCOM and EZGO?
According to the Vehicles & Parts industry distribution chart, Vision Marine Technologies ranks #3 out of 1295 companies for PB Ratio. This places Vision Marine Technologies in the top 0% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.39. Vision Marine Technologies' value of 0.03 is 97.8% below this benchmark. Historically, Vision Marine Technologies' own PB Ratio has ranged from 0.02 to 1.23 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 1.39, Vision Marine Technologies 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 a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.39, based on 1,295 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. Vision Marine Technologies's current PB Ratio of 0.03 is 97.8% 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 Vision Marine Technologies and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vision Marine Technologies's current PB Ratio is 0.03, which is 94% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision Marine Technologies stock overvalued right now?
Vision Marine Technologies (VMAR) has a current PB Ratio of 0.03. The current PB Ratio is 0.03, which is 94% below median its 10-year median of 0.47 and 97.8% below the Vehicles & Parts industry median of 1.39. Vision Marine Technologies' overall GF Score™ is 16/100 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 Vision Marine Technologies (VMAR), the current PB Ratio is 0.03 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.

Vision Marine Technologies Business Description

Other Exchanges VMAR:Canada
Address 730 Boulevard du Cure-Boivin, Boisbriand, QC, CAN, J7G 2A7
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems, power boats, related technology, and rents electric boats. Its models include Bruce 22, Fantail 217, VX Electric Pontoon, Volt 180, Phantom, and others. The company provides goods and services for the recreational boating market and focuses on electric outboard powertrain systems, electric power boats, and the renting of electric boats through its subsidiary. It sells boats, parts, and accessories and offers services related to recreational boating, including boats with internal combustion engines and electric propulsion. The company operates in two reportable segments, the sale of electric boats and the rental of electric boats, and generates a substantial portion of its revenue from the USA.
16GF Score

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$2.03
Price