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Velcan Holdings (LUX:VLCN) Price-to-Tangible-Book : 0.55 (As of Sep. 26, 2024)


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What is Velcan Holdings Price-to-Tangible-Book?

As of today (2024-09-26), Velcan Holdings's share price is €14.50. Velcan Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €26.18. Hence, Velcan Holdings's Price to Tangible Book Ratio of today is 0.55.

The historical rank and industry rank for Velcan Holdings's Price-to-Tangible-Book or its related term are showing as below:

LUX:VLCN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35   Med: 0.4   Max: 0.55
Current: 0.55

During the past 13 years, Velcan Holdings's highest Price to Tangible Book Ratio was 0.55. The lowest was 0.35. And the median was 0.40.

LUX:VLCN's Price-to-Tangible-Book is ranked better than
83.33% of 408 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.34 vs LUX:VLCN: 0.55

A closely related ratio is called PB Ratio. As of today, Velcan Holdings's share price is €14.50. Velcan Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was €26.39. Hence, Velcan Holdings's P/B Ratio of today is 0.55.


Velcan Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Velcan Holdings'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.

* Premium members only.

Velcan Holdings Price-to-Tangible-Book Chart

Velcan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.35 0.40 0.41 0.49

Velcan Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 0.40 0.41 0.41 0.48 0.49

Competitive Comparison of Velcan Holdings's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Velcan Holdings'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.


Velcan Holdings's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Velcan Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Velcan Holdings's Price-to-Tangible-Book falls into.



Velcan Holdings Price-to-Tangible-Book Calculation

Velcan Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=14.50/26.179
=0.55

* 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.


Be Aware

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.


Velcan Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Velcan Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Velcan Holdings Business Description

Traded in Other Exchanges
N/A
Address
11 Avenue Guillaume, Luxembourg, LUX, L-1651
Velcan Holdings manages a global portfolio of investments. The assets of the group are deployed in listed and unlisted financial investments, minority private equity participations, commodities, bonds, cash and cash equivalents (bank current accounts and deposits), and a 15 MW hydropower plant in Brazil.