Vnet VNET
NASDAQ VNET
$6.37 +0.22 (+3.58%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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