Vnet (VNET) Price to Book (2011 - 2026)
Vnet's (VNET) quarterly Price to Book came in at 3.06 in Q2 2026, up 57.25% year-over-year from 1.94 in Q2 2025, and down 4.45% quarter-over-quarter from 3.2 in Q1 2026.
Analysis
Vnet (VNET) Price to Book (2011 - 2026) Analysis & Trends
Vnet has disclosed Price to Book across 16 years of filings, most recently posting 3.06 for Q2 2026.
- In Q2 2026, Price to Book rose 57.25% year-over-year to 3.06; the TTM figure through Jun 2026 stood at 3.06 (up 57.25% YoY), while the FY2025 annual figure was 2.32, up 74.71% from the prior year.
- Price to Book came in at 3.06 for Q2 2026 at Vnet, down from 3.2 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 3.2 in Q1 2026 to a low of 0.45 in Q1 2024.
- Average Price to Book over 5 years is 1.41, with a median of 0.85 recorded in 2022.
- Year-over-year, Price to Book plunged 79.82% in 2022 and surged 426.65% in 2025.
- Over 5 years, Price to Book stood at 0.85 in 2022, then fell by 4.36% to 0.82 in 2023, then jumped by 60.03% to 1.31 in 2024, then jumped by 80.06% to 2.35 in 2025, then rose by 29.99% to 3.06 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 3.06 in Q2 2026, 3.2 in Q1 2026, and 2.35 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.06 |
| Mar 31, 2026 | 3.20 |
| Dec 31, 2025 | 2.35 |
| Sep 30, 2025 | 3.08 |
| Jun 30, 2025 | 1.94 |
| Mar 31, 2025 | 2.35 |
| Dec 31, 2024 | 1.31 |
| Sep 30, 2024 | 1.07 |
| Jun 30, 2024 | 0.60 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.82 |
| Sep 30, 2023 | 0.49 |
| Jun 30, 2023 | 0.45 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.85 |
| Jun 30, 2022 | 0.79 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 1.10 |
| Sep 30, 2021 | 2.05 |
| Jun 30, 2021 | 2.77 |