Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Price-to-Tangible-Book : 1.39 (As of May. 23, 2024)

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What is Vahanna Tech Edge Acquisition I Price-to-Tangible-Book?

As of today (2024-05-23), Vahanna Tech Edge Acquisition I's share price is $11.12. Vahanna Tech Edge Acquisition I's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $7.97. Hence, Vahanna Tech Edge Acquisition I's Price to Tangible Book Ratio of today is 1.39.

The historical rank and industry rank for Vahanna Tech Edge Acquisition I's Price-to-Tangible-Book or its related term are showing as below:

VHNA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26 Med: 1.28 Max: 1.4
Current: 1.4

During the past 2 years, Vahanna Tech Edge Acquisition I's highest Price to Tangible Book Ratio was 1.40. The lowest was 1.26. And the median was 1.28.

VHNA's Price-to-Tangible-Book is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.86 vs VHNA: 1.40

A closely related ratio is called PB Ratio. As of today, Vahanna Tech Edge Acquisition I's share price is $11.12. Vahanna Tech Edge Acquisition I's Book Value per Sharefor the quarter that ended in Jun. 2023 was $7.97. Hence, Vahanna Tech Edge Acquisition I's P/B Ratio of today is 1.39.

Vahanna Tech Edge Acquisition I Price-to-Tangible-Book Historical Data

The historical data trend for Vahanna Tech Edge Acquisition I'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.

Vahanna Tech Edge Acquisition I Price-to-Tangible-Book Chart

Vahanna Tech Edge Acquisition I Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

1.28

Vahanna Tech Edge Acquisition I Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial				1.26	1.27	1.28	1.31	1.33

Competitive Comparison of Vahanna Tech Edge Acquisition I's Price-to-Tangible-Book

For the Shell Companies subindustry, Vahanna Tech Edge Acquisition I'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.

Vahanna Tech Edge Acquisition I's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Vahanna Tech Edge Acquisition I's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Vahanna Tech Edge Acquisition I's Price-to-Tangible-Book falls into.

Vahanna Tech Edge Acquisition I Price-to-Tangible-Book Calculation

Vahanna Tech Edge Acquisition I's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	11.12	/	7.974
	=	1.39

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Vahanna Tech Edge Acquisition I Price-to-Tangible-Book Related Terms

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Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Vahanna Tech Edge Acquisition I Corp (NAS:VHNA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1230 Avenue of the Americas, 16th Floor, New York, NY, USA, 10020

Website

https://www.vahannatech.com

Vahanna Tech Edge Acquisition I Corp is a newly blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Avacara Pte, Ltd.	10 percent owner	14 ROBINSON ROAD, #12-01/02, FAR EAST FINANCE BUILDING, SINGAPORE U0 048545
Steven J. Carlson	director	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Zoe Ashcroft	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Ankur Kamboj	officer: Chief Operating Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Mohit Pasricha	officer: Chief Financial Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Rohan Malhotra	director, officer: Chief Executive Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Supurna Vedbrat	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Xavier Blanchard	officer: See Remarks	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Akshaya Bhargava	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Vinode Ramgopal	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Ajay Shah	director	2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Abha Kumar	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Karan Puri	officer: Chief Executive Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Vahanna Llc	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Saurav Adhikari	director, officer: Chairman	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010