VIP Industries (NSE:VIPIND) Book Value per Share: ₹20.38 (As of Mar. 2026)


NSE:VIPIND VIP Industries Ltd NSE:VIPIND
72 GF Score
Price ₹312.45
GF Value ₹401.35
Valuation Modestly Undervalued
! 7 Warning Signs
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What is VIP Industries Book Value per Share?

VIP Industries NSE:VIPIND +0.05% 72 Book Value per Share is ₹20.38 as of Mar. 2026. GuruFocus rates NSE:VIPIND with a GF Score™ of 72/100 and a GF Value™ of ₹401.35 (Modestly Undervalued). The stock has 7 warning signs investors should review.

VIP Industries's book value per share for the quarter that ended in Mar. 2026 was ₹20.38.

During the past 12 months, VIP Industries's average Book Value Per Share Growth Rate was -53.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -23.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of VIP Industries was 29.60% per year. The lowest was -23.40% per year. And the median was 12.00% per year.

VIP Industries's current price is ₹312.45. Its book value per share for the quarter that ended in Mar. 2026 was ₹20.38. Hence, today's PB Ratio of VIP Industries is 15.33.

During the past 13 years, the highest P/B Ratio of VIP Industries was 18.73. The lowest was 4.21. And the median was 11.03.

Warning Sign:

VIP Industries Ltd stock PB Ratio (=15.32) is close to 3-year high of 16.16.


VIP Industries  (NSE:VIPIND) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


VIP Industries Book Value per Share Related Terms


VIP Industries Book Value per Share Historical Data

* Premium members only.

The historical data trend for VIP Industries's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VIP Industries Book Value per Share Chart

VIP Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.56 45.30 47.76 43.39 20.38

VIP Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.39 0.00 32.66 0.00 20.38

NSE:VIPIND vs NKE, DECK, ONON: Book Value per Share Comparison

For the Footwear & Accessories subindustry, VIP Industries's PB Ratio, along with its competitors' market caps and PB Ratio 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.


VIP Industries PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where VIP Industries's PB Ratio falls into.


NSE:VIPIND
72GF Score
VIP Industries Ltd NSE:VIPIND
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIP Industries Book Value per Share Calculation

VIP Industries's Book Value Per Share for the fiscal year that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,895-0)/142
=20.38

VIP Industries's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,895-0)/142
=20.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of ₹20.38 mean?
VIP Industries (NSE:VIPIND) has a Book Value per Share of ₹20.38 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on VIP Industries and its competitors.
Is VIP Industries' Book Value per Share too high?
VIP Industries' current Book Value per Share is ₹20.38. Overall, VIP Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Book Value per Share compare to NKE and DECK?
VIP Industries' Book Value per Share of ₹20.38 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Manufacturing - Apparel & Accessories company?
A good Book Value per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on VIP Industries and its competitors. VIP Industries's current Book Value per Share is ₹20.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Industries stock overvalued right now?
Based on GuruFocus' analysis, VIP Industries (NSE:VIPIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹401.35, compared to a current price of ₹312.45 — trading 22.2% below its estimated fair value. The current Book Value per Share is ₹20.38. VIP Industries' overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For VIP Industries (NSE:VIPIND), the current Book Value per Share is ₹20.38 as of Mar. 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 VIP Industries (NSE:VIPIND) Overvalued in 2026?

Based on GuruFocus' analysis, VIP Industries stock appears to be undervalued. The current stock price of ₹312.45 is trading 22.2% below its estimated GF Value™ of ₹401.35. GuruFocus considers VIP Industries to be Modestly Undervalued.

Key valuation signals for NSE:VIPIND:

  • Book Value per Share: ₹20.38
  • GF Value™: ₹401.35 vs. price of ₹312.45 (22.2% below fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the NSE:VIPIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VIP Industries Business Description

Other Exchanges 507880:India
Address 88-C, Old Prabhadevi Road, DGP House, 5th Floor, Mumbai, MH, IND, 400 025
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and others.
72GF Score

Get the complete analysis for NSE:VIPIND

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹312.45
Price
₹401.35
GF Value