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Vestas Wind Systems AS (OCSE:VWS) Price-to-Tangible-Book : 82.49 (As of Apr. 17, 2025)


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What is Vestas Wind Systems AS Price-to-Tangible-Book?

As of today (2025-04-17), Vestas Wind Systems AS's share price is kr88.10. Vestas Wind Systems AS's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was kr1.07. Hence, Vestas Wind Systems AS's Price to Tangible Book Ratio of today is 82.49.

The historical rank and industry rank for Vestas Wind Systems AS's Price-to-Tangible-Book or its related term are showing as below:

OCSE:VWS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.31   Med: 7.48   Max: 91.84
Current: 82.34

During the past 13 years, Vestas Wind Systems AS's highest Price to Tangible Book Ratio was 91.84. The lowest was 5.31. And the median was 7.48.

OCSE:VWS's Price-to-Tangible-Book is ranked worse than
99.75% of 2829 companies
in the Industrial Products industry
Industry Median: 2.13 vs OCSE:VWS: 82.34

A closely related ratio is called PB Ratio. As of today, Vestas Wind Systems AS's share price is kr88.10. Vestas Wind Systems AS's Book Value per Sharefor the quarter that ended in Dec. 2024 was kr26.17. Hence, Vestas Wind Systems AS's P/B Ratio of today is 3.37.


Vestas Wind Systems AS Price-to-Tangible-Book Historical Data

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Price-to-Tangible-Book Chart

Vestas Wind Systems AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.01 16.67 - - 91.84

Vestas Wind Systems AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - 91.84

Competitive Comparison of Vestas Wind Systems AS's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.


Vestas Wind Systems AS's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Price-to-Tangible-Book falls into.


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Vestas Wind Systems AS Price-to-Tangible-Book Calculation

Vestas Wind Systems AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=88.10/1.068
=82.49

* 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.


Vestas Wind Systems AS Price-to-Tangible-Book Related Terms

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


Vestas Wind Systems AS Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

Vestas Wind Systems AS Headlines

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