VMS Industries (BOM:533427) PB Ratio: 0.51 (As of Aug. 19, 2026) — Near Median

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BOM:533427 VMS Industries Ltd BOM:533427
69 GF Score
Price ₹20.22
GF Value ₹20.99
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is VMS Industries PB Ratio?

VMS Industries BOM:533427 -1.61% 69 PB Ratio is 0.51 as of Aug. 19, 2026, which is 2% above its 10-year median of 0.50. GuruFocus rates BOM:533427 with a GF Score™ of 69/100 and a GF Value™ of ₹20.99 (Fairly Valued). The stock has 7 warning signs investors should review. Among 228 Waste Management companies, VMS Industries ranks better than 85.96% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-19), VMS Industries's share price is ₹20.22. VMS Industries's Book Value per Share for the quarter that ended in Mar. 2026 was ₹39.70. Hence, VMS Industries's PB Ratio of today is 0.51.

Good Sign:

VMS Industries Ltd stock PB Ratio (=0.52) is close to 3-year low of 0.52.

The historical rank and industry rank for VMS Industries's PB Ratio or its related term are showing as below:

BOM:533427' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.5   Max: 1.33
Current: 0.51

During the past 13 years, VMS Industries's highest PB Ratio was 1.33. The lowest was 0.16. And the median was 0.50.

BOM:533427's PB Ratio is ranked better than
85.96% of 228 companies
in the Waste Management industry
Industry Median: 1.575 vs BOM:533427: 0.51

During the past 12 months, VMS Industries's average Book Value Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of VMS Industries was 14.30% per year. The lowest was -8.40% per year. And the median was 1.65% per year.

Back to Basics: PB Ratio


VMS Industries  (BOM:533427) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


VMS Industries PB Ratio Related Terms


VMS Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for VMS Industries's PB Ratio 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.

VMS Industries PB Ratio Chart

VMS Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.33 1.10 0.62 0.46

VMS Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 0.62 0.00 0.84 0.00 0.46

BOM:533427 vs WM, RSG, WCN: PB Ratio Comparison

For the Waste Management subindustry, VMS 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.


VMS Industries PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, VMS Industries's PB Ratio distribution charts can be found below:

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


BOM:533427
69GF Score
VMS Industries Ltd BOM:533427
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VMS Industries PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

VMS Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=20.22/39.7
=0.51

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.51 mean?
VMS Industries (BOM:533427) has a PB Ratio of 0.51 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on VMS Industries and its competitors. This is near median its historical median of 0.50. Over the past decade, VMS Industries' PB Ratio has ranged from 0.16 to 1.33. According to the industry distribution chart, VMS Industries ranks #32 out of 228 companies in the Waste Management industry, placing it in the top 14%.
Is VMS Industries' PB Ratio too high?
VMS Industries' current PB Ratio of 0.51 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.33. The Waste Management industry median PB Ratio is 1.58. VMS Industries' value of 0.51 is 67.6% below this industry median. Based on the distribution chart, VMS Industries ranks #32 out of 228 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, VMS Industries has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VMS Industries' PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, VMS Industries ranks #32 out of 228 companies for PB Ratio. This places VMS Industries in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.58. VMS Industries' value of 0.51 is 67.6% below this benchmark. Historically, VMS Industries' own PB Ratio has ranged from 0.16 to 1.33 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.58, VMS Industries has consistently been below 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 PB Ratio for a Waste Management company?
The median PB Ratio among Waste Management companies is 1.58, based on 228 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VMS Industries's current PB Ratio of 0.51 is 67.6% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on VMS Industries and its competitors. For the Waste Management industry, the median PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VMS Industries's current PB Ratio is 0.51, which is near median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VMS Industries stock overvalued right now?
Based on GuruFocus' analysis, VMS Industries (BOM:533427) is currently considered Fairly Valued. The stock's GF Value™ is ₹20.99, compared to a current price of ₹20.22 — trading 3.7% below its estimated fair value. The current PB Ratio is 0.51, which is near median its 10-year median of 0.50 and 67.6% below the Waste Management industry median of 1.58. VMS Industries' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For VMS Industries (BOM:533427), the current PB Ratio is 0.51 as of Aug. 19, 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 VMS Industries (BOM:533427) Overvalued in 2026?

Based on GuruFocus' analysis, VMS Industries stock appears to be undervalued. The current stock price of ₹20.22 is trading 3.7% below its estimated GF Value™ of ₹20.99. GuruFocus considers VMS Industries to be Fairly Valued.

Key valuation signals for BOM:533427:

  • PB Ratio: 0.51 (near median its 10-year median of 0.50)
  • GF Value™: ₹20.99 vs. price of ₹20.22 (3.7% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 67.6% below the Waste Management median (#32 of 228)

No single metric tells the full story. See the BOM:533427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VMS Industries Business Description

Address Corporate Road, 808-C, Pinnacle Business Park, Prahladnagar, Ahmedabad, GJ, IND, 380015
VMS Industries Ltd provides ship recycling and offshore services. The Company is engaged in the business of breaking old and used ships. On the basis of the dominant source, the nature of risks and returns, and the internal organization, the company has identified two operating segments: Manufacturing and Trading. Manufacturing in respect of Ship-Breaking business activities and Trading in respect of trading in Ferrous and Non-Ferrous metals. The majority of income is from the Manufacturing segment.
69GF Score

Get the complete analysis for BOM:533427

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

₹20.22
Price
₹20.99
GF Value