Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Volt GroupASX:VPR 43 Price-to-Tangible-Book is 2.50 as of Sep. 11, 2026. GuruFocus rates ASX:VPR with a GF Score™ of 43/100 and a GF Value™ of A$0.17 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 404 Utilities - Independent Power Producers companies, Volt Group ranks worse than 68.81% on this metric.
As of today (2026-09-11), Volt Group's share price is A$0.13. Volt Group's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was A$0.05. Hence, Volt Group's Price to Tangible Book Ratio of today is 2.50.
The historical rank and industry rank for Volt Group's Price-to-Tangible-Book or its related term are showing as below:
ASX:VPR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.18 Med: 5.56 Max: 33.33
Current: 2.6
During the past 13 years, Volt Group's highest Price to Tangible Book Ratio was 33.33. The lowest was 2.18. And the median was 5.56.
ASX:VPR's Price-to-Tangible-Book is ranked worse than 68.81% of 404
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.425
vs ASX:VPR: 2.60
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Volt Group Price-to-Tangible-Book Related Terms
Volt Group Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Volt Group's Price-to-Tangible-Book 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.
Volt Group Price-to-Tangible-Book Competitor Comparison
For the Utilities - Renewable subindustry, Volt Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Volt Group Price-to-Tangible-Book vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Volt Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Volt Group's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Volt Group (ASX:VPR) has a Price-to-Tangible-Book of 2.50 as of Sep. 11, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Volt Group and its competitors. According to the industry distribution chart, Volt Group ranks #278 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 68.8%.
Is Volt Group's Price-to-Tangible-Book too high?
Volt Group's current Price-to-Tangible-Book is 2.50. The Utilities - Independent Power Producers industry median Price-to-Tangible-Book is 1.43. Volt Group's value of 2.50 is 75.4% above this industry median. Based on the distribution chart, Volt Group ranks #278 out of 404 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Volt Group has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Volt Group's Price-to-Tangible-Book compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Volt Group ranks #278 out of 404 companies for Price-to-Tangible-Book. This places Volt Group in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.43. Volt Group's value of 2.50 is 75.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Utilities - Independent Power Producers company?
The median Price-to-Tangible-Book among Utilities - Independent Power Producers companies is 1.43, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Volt Group's current Price-to-Tangible-Book of 2.50 is 75.4% above 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Volt Group and its competitors. For the Utilities - Independent Power Producers industry, the median Price-to-Tangible-Book is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volt Group's current Price-to-Tangible-Book is 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volt Group stock overvalued right now?
Based on GuruFocus' analysis, Volt Group (ASX:VPR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.17, compared to a current price of A$0.13 — trading 23.5% below its estimated fair value. The current Price-to-Tangible-Book is 2.50 and 75.4% above the Utilities - Independent Power Producers industry median of 1.43. Volt Group's overall GF Score™ is 43/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Volt Group (ASX:VPR), the current Price-to-Tangible-Book is 2.50 as of Sep. 11, 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.
Is Volt Group (ASX:VPR) Overvalued in 2026?
Based on GuruFocus' analysis, Volt Group stock appears to be undervalued.
The current stock price of A$0.13 is trading 23.5% below its estimated GF Value™ of A$0.17.
GuruFocus considers Volt Group to be Modestly Undervalued.
Key valuation signals for ASX:VPR:
Price-to-Tangible-Book: 2.50
GF Value™: A$0.17 vs. price of A$0.13 (23.5% below fair value)
Industry Position: 75.4% above the Utilities - Independent Power Producers median (#278 of 404)
No single metric tells the full story. See the ASX:VPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Volt Group Ltd provides power generation technology solutions, including mobile solar Powerbox towers compatible with LED lighting, LTE/WiFi repeater communication solutions, and CCTV retrofit and sample crushing equipment serving the resources and construction sectors. The company also develops and commercializes proprietary OEM equipment designed to improve client productivity, reduce operating costs, and lower Scope One emissions. It generates maximum revenue from sales of Inventory.
43GF Score
Get the complete analysis for ASX:VPR
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:VPR has been successfully added to your 
