GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vantage Towers AG (OTCPK:VTAGY) » Definitions » Price-to-Tangible-Book

Vantage Towers AG (Vantage Towers AG) Price-to-Tangible-Book : 9.76 (As of May. 30, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Vantage Towers AG Price-to-Tangible-Book?

As of today (2024-05-30), Vantage Towers AG's share price is $20.00. Vantage Towers AG's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was $2.05. Hence, Vantage Towers AG's Price to Tangible Book Ratio of today is 9.76.

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

VTAGY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.99   Med: 8.8   Max: 9.77
Current: 9.76

During the past 3 years, Vantage Towers AG's highest Price to Tangible Book Ratio was 9.77. The lowest was 6.99. And the median was 8.80.

VTAGY's Price-to-Tangible-Book is not ranked
in the Real Estate industry.
Industry Median: 0.83 vs VTAGY: 9.76

A closely related ratio is called PB Ratio. As of today, Vantage Towers AG's share price is $20.00. Vantage Towers AG's Book Value per Sharefor the quarter that ended in Mar. 2023 was $5.87. Hence, Vantage Towers AG's P/B Ratio of today is 3.41.


Vantage Towers AG Price-to-Tangible-Book Historical Data

The historical data trend for Vantage Towers AG'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.

Vantage Towers AG Price-to-Tangible-Book Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Price-to-Tangible-Book
- 9.44 8.51

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Price-to-Tangible-Book Get a 7-Day Free Trial - 8.98 9.44 7.94 8.51

Competitive Comparison of Vantage Towers AG's Price-to-Tangible-Book

For the Real Estate Services subindustry, Vantage Towers AG'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.


Vantage Towers AG's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vantage Towers AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Vantage Towers AG's Price-to-Tangible-Book falls into.



Vantage Towers AG Price-to-Tangible-Book Calculation

Vantage Towers AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2023 )
=20.00/2.05
=9.76

* 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.


Vantage Towers AG Price-to-Tangible-Book Related Terms

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


Vantage Towers AG (Vantage Towers AG) Business Description

Traded in Other Exchanges
Address
Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.

Vantage Towers AG (Vantage Towers AG) Headlines

From GuruFocus

Half Year 2023 Vantage Towers AG Earnings Call Transcript

By GuruFocus Research 02-15-2024

Half Year 2023 Vantage Towers AG Earnings Call Transcript

By GuruFocus Research 02-15-2024