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Vardhman Special SteelsNSE:VSSL +6.73%69 3-Year Book Growth Rate is 18.70% as of Jun. 2026, which is 76% above its 10-year median of 10.60. GuruFocus rates NSE:VSSL with a GF Score™ of 69/100 and a GF Value™ of ₹229.14 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 605 Steel companies, Vardhman Special Steels ranks better than 82.98% on this metric.
During the past 12 months, Vardhman Special Steels's average Book Value per Share Growth Rate was 35.30% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 18.70% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 16.70% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 12.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Vardhman Special Steels was 18.70% per year. The lowest was -29.20% per year. And the median was 10.60% per year.
Vardhman Special Steels (NSE:VSSL) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Vardhman Special Steels 3-Year Book Growth Rate Related Terms
NSE:VSSL vs NUE, STLD, RS: 3-Year Book Growth Rate Comparison
For the Steel subindustry, Vardhman Special Steels's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
Vardhman Special Steels 3-Year Book Growth Rate vs Steel Industry
For the Steel industry and Basic Materials sector, Vardhman Special Steels's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Vardhman Special Steels's 3-Year Book Growth Rate falls into.
Vardhman Special Steels 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 18.70% mean?
Vardhman Special Steels (NSE:VSSL) has a 3-Year Book Growth Rate of 18.70% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Vardhman Special Steels and its competitors. This is 76% above median its historical median of 10.60. According to the industry distribution chart, Vardhman Special Steels ranks #103 out of 605 companies in the Steel industry, placing it in the top 17%.
Is Vardhman Special Steels' 3-Year Book Growth Rate too high?
Vardhman Special Steels' current 3-Year Book Growth Rate of 18.70% is 76% above median its 10-year median of 10.60. The Steel industry median 3-Year Book Growth Rate is 4.30. Vardhman Special Steels' value of 18.70% is 334.9% above this industry median. Based on the distribution chart, Vardhman Special Steels ranks #103 out of 605 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Vardhman Special Steels has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Special Steels' 3-Year Book Growth Rate compare to NUE and STLD?
According to the Steel industry distribution chart, Vardhman Special Steels ranks #103 out of 605 companies for 3-Year Book Growth Rate. This places Vardhman Special Steels in the top 17% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 4.30. Vardhman Special Steels' value of 18.70% is 334.9% above this benchmark. While the company's 10-year median is 10.60 vs. the industry median of 4.30, Vardhman Special Steels has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Steel company?
The median 3-Year Book Growth Rate among Steel companies is 4.30, based on 605 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vardhman Special Steels's current 3-Year Book Growth Rate of 18.70% is 334.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Vardhman Special Steels and its competitors. For the Steel industry, the median 3-Year Book Growth Rate is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Special Steels's current 3-Year Book Growth Rate is 18.70%, which is 76% above median its own 10-year median of 10.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Special Steels stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Special Steels (NSE:VSSL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹229.14, compared to a current price of ₹367.75 — trading 60.5% above its estimated fair value. The current 3-Year Book Growth Rate is 18.70%, which is 76% above median its 10-year median of 10.60 and 334.9% above the Steel industry median of 4.30. Vardhman Special Steels' overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Vardhman Special Steels (NSE:VSSL), the current 3-Year Book Growth Rate is 18.70% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vardhman Special Steels (NSE:VSSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vardhman Special Steels stock appears to be overvalued.
The current stock price of ₹367.75 is trading 60.5% above its estimated GF Value™ of ₹229.14.
GuruFocus considers Vardhman Special Steels to be Significantly Overvalued.
Key valuation signals for NSE:VSSL:
3-Year Book Growth Rate: 18.70% (76% above median its 10-year median of 10.60)
GF Value™: ₹229.14 vs. price of ₹367.75 (60.5% above fair value)
Industry Position: 334.9% above the Steel median (#103 of 605)
No single metric tells the full story. See the NSE:VSSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India and also has a presence outside India.
69GF Score
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