VanEck Vectors Selected Fundamentals

VanEck Vectors Biotech ETF -- USA Etf  

USD 129.32  0.55  0.43%

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Price to Book Analysis

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
VanEck Vectors 
MV Per Share 
BV Per Share 
2.74 times

About Price to Book

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Compare to competition
Based on latest financial disclosure the price to book indicator of VanEck Vectors Biotech ETF is roughly 2.74 times. This is 211.36% higher than that of the Van Eck family, and about the same as Health (which currently averages 2.76) category, The Price to Book for all etfs is 182.47% lower than the firm.

VanEck Vectors Biotech Fundamental Drivers Relationships

VanEck Vectors Biotech ETF is fourth largest ETF in price to earning as compared to similar ETFs. It is third largest ETF in price to sales as compared to similar ETFs fabricating about  0.27  of Price to Sales per Price to Earning. The ratio of Price to Earning to Price to Sales for VanEck Vectors Biotech ETF is roughly  3.74 

Peer Comparison

VanEck Vectors Price to Book Comparison
  Price to Book 
      VanEck Vectors Comparables 
VanEck Vectors is currently under evaluation in price to book as compared to similar ETFs.

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Asset Allocation

Fund Instrument Allocation for VanEck Vectors
The fund invests 99.93% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
      Instrument Type 

Fundamental Indicators

Current VanEck Vectors financial ratios