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V-Guard IndustriesNSE:VGUARD -1.22%88 PB Ratio is 5.35 as of Jul. 27, 2026, which is 33% below its 10-year median of 7.97. GuruFocus rates NSE:VGUARD with a GF Score™ of 88/100 and a GF Value™ of ₹421.84 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,985 Industrial Products companies, V-Guard Industries ranks worse than 83.05% on this metric.
V-Guard Industries Ltd stock PB Ratio (=5.36) is close to 10-year low of 5.36.
The historical rank and industry rank for V-Guard Industries's PB Ratio or its related term are showing as below:
NSE:VGUARD'
s PB Ratio Range Over the Past 10 Years
Min: 5.36 Med: 7.97 Max: 15.26
Current: 5.36
During the past 13 years, V-Guard Industries's highest PB Ratio was 15.26. The lowest was 5.36. And the median was 7.97.
NSE:VGUARD's PB Ratio is ranked worse than 83.05% of 2985
companies
in the Industrial Products industry
Industry Median: 2.12
vs NSE:VGUARD: 5.36
During the past 12 months, V-Guard Industries's average Book Value Per Share Growth Rate was 12.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of V-Guard Industries was 46.00% per year. The lowest was 13.40% per year. And the median was 19.90% per year.
Back to Basics: PB Ratio
V-Guard Industries (NSE:VGUARD) PB Ratio Explanation
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.
V-Guard Industries PB Ratio Related Terms
V-Guard Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for V-Guard 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.
For the Electrical Equipment & Parts subindustry, V-Guard 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.
V-Guard Industries PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, V-Guard Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where V-Guard Industries's PB Ratio falls into.
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.
* 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.
V-Guard Industries (NSE:VGUARD) has a PB Ratio of 5.35 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on V-Guard Industries and its competitors. This is 33% below median its historical median of 7.97. Over the past decade, V-Guard Industries' PB Ratio has ranged from 5.36 to 15.26. According to the industry distribution chart, V-Guard Industries ranks #2479 out of 2985 companies in the Industrial Products industry, placing it in the top 83%.
Is V-Guard Industries' PB Ratio too high?
V-Guard Industries' current PB Ratio of 5.35 is 33% below median its 10-year median of 7.97. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 15.26. The Industrial Products industry median PB Ratio is 2.12. V-Guard Industries' value of 5.35 is 152.4% above this industry median. Based on the distribution chart, V-Guard Industries ranks #2479 out of 2985 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, V-Guard Industries has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V-Guard Industries' PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, V-Guard Industries ranks #2479 out of 2985 companies for PB Ratio. This places V-Guard Industries in the lower half of its industry. The industry median PB Ratio is 2.12. V-Guard Industries' value of 5.35 is 152.4% above this benchmark. Historically, V-Guard Industries' own PB Ratio has ranged from 5.36 to 15.26 over the past decade. While the company's 10-year median is 7.97 vs. the industry median of 2.12, V-Guard 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 PB Ratio for an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.12, based on 2,985 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. V-Guard Industries's current PB Ratio of 5.35 is 152.4% 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 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 V-Guard Industries and its competitors. For the Industrial Products industry, the median PB Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Guard Industries's current PB Ratio is 5.35, which is 33% below median its own 10-year median of 7.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Guard Industries stock overvalued right now?
Based on GuruFocus' analysis, V-Guard Industries (NSE:VGUARD) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹421.84, compared to a current price of ₹290.80 — trading 31.1% below its estimated fair value. The current PB Ratio is 5.35, which is 33% below median its 10-year median of 7.97 and 152.4% above the Industrial Products industry median of 2.12. V-Guard Industries' overall GF Score™ is 88/100 with 2 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 V-Guard Industries (NSE:VGUARD), the current PB Ratio is 5.35 as of Jul. 27, 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 V-Guard Industries (NSE:VGUARD) Overvalued in 2026?
Based on GuruFocus' analysis, V-Guard Industries stock appears to be undervalued.
The current stock price of ₹290.80 is trading 31.1% below its estimated GF Value™ of ₹421.84.
GuruFocus considers V-Guard Industries to be Significantly Undervalued.
Key valuation signals for NSE:VGUARD:
PB Ratio: 5.35 (33% below median its 10-year median of 7.97)
GF Value™: ₹421.84 vs. price of ₹290.80 (31.1% below fair value)
Industry Position: 152.4% above the Industrial Products median (#2479 of 2985)
No single metric tells the full story. See the NSE:VGUARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V-Guard Industries Ltd is an India-based consumer electrical and electronics company. It is involved in the manufacturing, trading, and selling of consumer electrical products. Its business segments are Electricals segment which includes PVC Insulated Cables, Switch Gears, Pumps and Modular Switches. The Electronics segment includes Stabilizers, Digital UPS and Solar Inverters. The Consumer segment Durables includes Fans, Water Heaters, Kitchen Appliances, Air Coolers, and Sunflame segment includes products sold under trademark Sunflame and Superflame. The group derives a majority of the revenue from the Electricals segment. Geographically, the company has operations in India.
88GF Score
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