Today we're going to take a closer look at Mid-Cap Consumer Defensive company Vinda International Holdings, whose shares are currently trading at $3.03. We've been asking ourselves whether the company is under or over valued at today's prices... let's perform a brief value analysis to find out!
Vinda International Holdings Limited, an investment holding company, manufactures and sells household paper and personal care products in Mainland China, Hong Kong, Malaysia, Japan, Taiwan, and internationally. The company belongs to the Consumer Defensive sector, which has an average price to earnings (P/E) ratio of 24.36 and an average price to book (P/B) ratio of 4.29. In contrast, Vinda International Holdings has a trailing 12 month P/E ratio of 43.3 and a P/B ratio of 0.3.
P/B ratios are calculated by dividing the company's market value by its equity's book value. Equity refers to all of the company's assets minus its liabilities. Traditionally, a P/B ratio of around 1 shows that a company is fairly valued, but owing to consistently higher valuations in the modern era, investors generally compare against sector averages.
Vinda International Holdings has moved 11.4% over the last year compared to -2.7% for the S&P 500 — a difference of 14.0%. Vinda International Holdings has a 52 week high of $3.03 and a 52 week low of $1.93.