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Vardhman HoldingsNSE:VHL -0.78%67 EV-to-EBITDA is 43.54 as of Sep. 21, 2026, which is 54% above its 10-year median of 28.21. GuruFocus rates NSE:VHL with a GF Score™ of 67/100 and a GF Value™ of ₹1,546.60 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 874 Asset Management companies, Vardhman Holdings ranks better than 73.23% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Vardhman Holdings's enterprise value is ₹8,307.3 Mil.
Vardhman Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹190.8 Mil. Therefore, Vardhman Holdings's EV-to-EBITDA for today is 43.54.
The historical rank and industry rank for Vardhman Holdings's EV-to-EBITDA or its related term are showing as below:
NSE:VHL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -141.05 Med: 28.21 Max: 262.1
Current: 5.13
During the past 13 years, the highest EV-to-EBITDA of Vardhman Holdings was 262.10. The lowest was -141.05. And the median was 28.21.
NSE:VHL's EV-to-EBITDA is ranked better than 73.23% of 874
companies
in the Asset Management industry
Industry Median: 9.235
vs NSE:VHL: 5.13
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Vardhman Holdings's PE Ratio (TTM) for today is calculated as:
Vardhman Holdings's share price for today is ₹3377.10.
Vardhman Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹788.116.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Vardhman Holdings's EV-to-EBITDA 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.
For the Asset Management subindustry, Vardhman Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 Holdings EV-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Vardhman Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Vardhman Holdings's EV-to-EBITDA falls into.
Vardhman Holdings's current Enterprise Value is ₹8,307.3 Mil.
Vardhman Holdings's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹190.8 Mil.
* 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.
Vardhman Holdings (NSE:VHL) has a EV-to-EBITDA of 43.54 as of Sep. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Vardhman Holdings. This is 54% above median its historical median of 28.21. According to the industry distribution chart, Vardhman Holdings ranks #234 out of 874 companies in the Asset Management industry, placing it in the top 26.8%.
Is Vardhman Holdings' EV-to-EBITDA too high?
Vardhman Holdings' current EV-to-EBITDA of 43.54 is 54% above median its 10-year median of 28.21. The Asset Management industry median EV-to-EBITDA is 9.24. Vardhman Holdings' value of 43.54 is 371.5% above this industry median. Based on the distribution chart, Vardhman Holdings ranks #234 out of 874 companies in the Asset Management industry, which is above the industry midpoint. Overall, Vardhman Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Holdings' EV-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Vardhman Holdings ranks #234 out of 874 companies for EV-to-EBITDA. This puts Vardhman Holdings in the upper half of its industry. The industry median EV-to-EBITDA is 9.24. Vardhman Holdings' value of 43.54 is 371.5% above this benchmark. While the company's 10-year median is 28.21 vs. the industry median of 9.24, Vardhman Holdings 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 EV-to-EBITDA for an Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 9.24, based on 874 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vardhman Holdings's current EV-to-EBITDA of 43.54 is 371.5% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Vardhman Holdings. For the Asset Management industry, the median EV-to-EBITDA is 9.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Holdings's current EV-to-EBITDA is 43.54, which is 54% above median its own 10-year median of 28.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Holdings (NSE:VHL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,546.60, compared to a current price of ₹3,377.10 — trading 118.4% above its estimated fair value. The current EV-to-EBITDA is 43.54, which is 54% above median its 10-year median of 28.21 and 371.5% above the Asset Management industry median of 9.24. Vardhman Holdings' overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Vardhman Holdings (NSE:VHL), the current EV-to-EBITDA is 43.54 as of Sep. 21, 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 Holdings (NSE:VHL) Overvalued in 2026?
Based on GuruFocus' analysis, Vardhman Holdings stock appears to be overvalued.
The current stock price of ₹3,377.10 is trading 118.4% above its estimated GF Value™ of ₹1,546.60.
GuruFocus considers Vardhman Holdings to be Significantly Overvalued.
Key valuation signals for NSE:VHL:
EV-to-EBITDA: 43.54 (54% above median its 10-year median of 28.21)
GF Value™: ₹1,546.60 vs. price of ₹3,377.10 (118.4% above fair value)
Industry Position: 371.5% above the Asset Management median (#234 of 874)
No single metric tells the full story. See the NSE:VHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vardhman Holdings Ltd operates as a non-banking financial company. It is engaged in the Investment business, the company's sole segment. The company's portfolio consists of investments in debt, equity, and real estate. The group earns its income from investments.
67GF Score
Get the complete analysis for NSE:VHL
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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