VIP Industries (NSE:VIPIND) EV-to-Revenue: 2.63 (As of Aug. 25, 2026) — 27% Below Median

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NSE:VIPIND VIP Industries Ltd NSE:VIPIND
71 GF Score
Price ₹302.05
GF Value ₹390.43
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is VIP Industries EV-to-Revenue?

VIP Industries NSE:VIPIND -2.04% 71 EV-to-Revenue is 2.63 as of Aug. 25, 2026, which is 27% below its 10-year median of 3.60. GuruFocus rates NSE:VIPIND with a GF Score™ of 71/100 and a GF Value™ of ₹390.43 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,043 Manufacturing - Apparel & Accessories companies, VIP Industries ranks worse than 77.09% on this metric.

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, VIP Industries's enterprise value is ₹49,235 Mil. VIP Industries's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was ₹18,751 Mil. Therefore, VIP Industries's EV-to-Revenue for today is 2.63.

The historical rank and industry rank for VIP Industries's EV-to-Revenue or its related term are showing as below:

NSE:VIPIND' s EV-to-Revenue Range Over the Past 10 Years
Min: 1.28   Med: 3.6   Max: 9.27
Current: 2.63

During the past 13 years, the highest EV-to-Revenue of VIP Industries was 9.27. The lowest was 1.28. And the median was 3.60.

NSE:VIPIND's EV-to-Revenue is ranked worse than
77.09% of 1043 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.07 vs NSE:VIPIND: 2.63

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2026-08-25), VIP Industries's stock price is ₹302.05. VIP Industries's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was ₹132.00. Therefore, VIP Industries's PS Ratio for today is 2.29.


VIP Industries  (NSE:VIPIND) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

VIP Industries's PS Ratiofor today is calculated as:

PS Ratio=Share Price (Today)/Revenue per Share (TTM)
=302.05/132.004
=2.29

VIP Industries's share price for today is ₹302.05.
VIP Industries's Revenue per Share 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 ₹132.00.

* 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 EV-to-Revenue Related Terms


VIP Industries EV-to-Revenue Historical Data

* Premium members only.

The historical data trend for VIP Industries's EV-to-Revenue 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 EV-to-Revenue Chart

VIP Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.37 4.05 3.71 2.16 2.66

VIP Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-Revenue 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 2.85 3.38 2.83 2.66 2.32

NSE:VIPIND vs NKE, DECK, ONON: EV-to-Revenue Comparison

For the Footwear & Accessories subindustry, VIP Industries's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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 EV-to-Revenue vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where VIP Industries's EV-to-Revenue falls into.


NSE:VIPIND
71GF Score
VIP Industries Ltd NSE:VIPIND
EV-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIP Industries EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

VIP Industries's EV-to-Revenue for today is calculated as:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=49234.954/18750.6
=2.63

VIP Industries's current Enterprise Value is ₹49,235 Mil.
VIP Industries's Revenue 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 ₹18,751 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.

Frequently Asked Questions Learn more about EV-to-Revenue →
What does a EV-to-Revenue of 2.63 mean?
VIP Industries (NSE:VIPIND) has a EV-to-Revenue of 2.63 as of Aug. 25, 2026. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on VIP Industries and its competitors. This is 27% below median its historical median of 3.60. Over the past decade, VIP Industries' EV-to-Revenue has ranged from 1.28 to 9.27. According to the industry distribution chart, VIP Industries ranks #804 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.1%.
Is VIP Industries' EV-to-Revenue too high?
VIP Industries' current EV-to-Revenue of 2.63 is 27% below median its 10-year median of 3.60. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 9.27. The Manufacturing - Apparel & Accessories industry median EV-to-Revenue is 1.07. VIP Industries' value of 2.63 is 145.8% above this industry median. Based on the distribution chart, VIP Industries ranks #804 out of 1043 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, VIP Industries has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' EV-to-Revenue compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Industries ranks #804 out of 1043 companies for EV-to-Revenue. This places VIP Industries in the lower half of its industry. The industry median EV-to-Revenue is 1.07. VIP Industries' value of 2.63 is 145.8% above this benchmark. Historically, VIP Industries' own EV-to-Revenue has ranged from 1.28 to 9.27 over the past decade. While the company's 10-year median is 3.60 vs. the industry median of 1.07, VIP Industries 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-Revenue for a Manufacturing - Apparel & Accessories company?
The median EV-to-Revenue among Manufacturing - Apparel & Accessories companies is 1.07, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-Revenue significantly above this median, while those in the bottom quartile fall well below. However, EV-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VIP Industries's current EV-to-Revenue of 2.63 is 145.8% 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-Revenue mean?
A high EV-to-Revenue can signal that a stock is expensive relative to its fundamentals. EV to Revenue ratio is the company's enterprise value divided by sales. View historical data on VIP Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-Revenue is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Industries's current EV-to-Revenue is 2.63, which is 27% below median its own 10-year median of 3.60. 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 ₹390.43, compared to a current price of ₹302.05 — trading 22.6% below its estimated fair value. The current EV-to-Revenue is 2.63, which is 27% below median its 10-year median of 3.60 and 145.8% above the Manufacturing - Apparel & Accessories industry median of 1.07. VIP Industries' overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-Revenue calculated?
EV-to-Revenue is calculated from a company's financial statements. For VIP Industries (NSE:VIPIND), the current EV-to-Revenue is 2.63 as of Aug. 25, 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 ₹302.05 is trading 22.6% below its estimated GF Value™ of ₹390.43. GuruFocus considers VIP Industries to be Modestly Undervalued.

Key valuation signals for NSE:VIPIND:

  • EV-to-Revenue: 2.63 (27% below median its 10-year median of 3.60)
  • GF Value™: ₹390.43 vs. price of ₹302.05 (22.6% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 145.8% above the Manufacturing - Apparel & Accessories median (#804 of 1043)

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.
71GF Score

Get the complete analysis for NSE:VIPIND

EV-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹302.05
Price
₹390.43
GF Value