Viaz Tyres (NSE:VIAZ) PB Ratio: 1.42 (As of Jul. 29, 2026) — 33% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:VIAZ Viaz Tyres Ltd NSE:VIAZ
83 GF Score
Price ₹61.00
GF Value ₹121.19
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Viaz Tyres PB Ratio?

Viaz Tyres NSE:VIAZ 83 PB Ratio is 1.42 as of Jul. 29, 2026, which is 33% below its 10-year median of 2.11. GuruFocus rates NSE:VIAZ with a GF Score™ of 83/100 and a GF Value™ of ₹121.19 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Viaz Tyres ranks worse than 51% 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 (2026-07-29), Viaz Tyres's share price is ₹61.00. Viaz Tyres's Book Value per Share for the quarter that ended in Mar. 2026 was ₹42.90. Hence, Viaz Tyres's PB Ratio of today is 1.42.

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

NSE:VIAZ' s PB Ratio Range Over the Past 10 Years
Min: 1.26   Med: 2.11   Max: 12.74
Current: 1.42

During the past 7 years, Viaz Tyres's highest PB Ratio was 12.74. The lowest was 1.26. And the median was 2.11.

NSE:VIAZ's PB Ratio is ranked worse than
51% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.38 vs NSE:VIAZ: 1.42

During the past 12 months, Viaz Tyres's average Book Value Per Share Growth Rate was 58.90% 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 66.60% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Viaz Tyres was 93.00% per year. The lowest was 23.40% per year. And the median was 86.05% per year.

Back to Basics: PB Ratio


Viaz Tyres  (NSE:VIAZ) 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.


Viaz Tyres PB Ratio Related Terms


Viaz Tyres PB Ratio Historical Data

* Premium members only.

The historical data trend for Viaz Tyres'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.

Viaz Tyres PB Ratio Chart

Viaz Tyres Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 2.14 1.87 2.10 1.28

Viaz Tyres Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
PB Ratio Get a 7-Day Free Trial 0.00 2.14 1.87 2.10 1.42

NSE:VIAZ vs ORLY, AZO: PB Ratio Comparison

For the Auto Parts subindustry, Viaz Tyres'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.


Viaz Tyres PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Viaz Tyres's PB Ratio distribution charts can be found below:

* The bar in red indicates where Viaz Tyres's PB Ratio falls into.


NSE:VIAZ
83GF Score
Viaz Tyres Ltd NSE:VIAZ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viaz Tyres 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.

Viaz Tyres's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=61.00/42.899
=1.42

* 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 1.42 mean?
Viaz Tyres (NSE:VIAZ) has a PB Ratio of 1.42 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Viaz Tyres and its competitors. This is 33% below median its historical median of 2.11. Over the past decade, Viaz Tyres' PB Ratio has ranged from 1.26 to 12.74. According to the industry distribution chart, Viaz Tyres ranks #660 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 51%.
Is Viaz Tyres' PB Ratio too high?
Viaz Tyres' current PB Ratio of 1.42 is 33% below median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 12.74. The Vehicles & Parts industry median PB Ratio is 1.38. Viaz Tyres' value of 1.42 is 2.9% above this industry median. Based on the distribution chart, Viaz Tyres ranks #660 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Viaz Tyres has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viaz Tyres' PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Viaz Tyres ranks #660 out of 1294 companies for PB Ratio. This places Viaz Tyres in the lower half of its industry. The industry median PB Ratio is 1.38. Viaz Tyres' value of 1.42 is 2.9% above this benchmark. Historically, Viaz Tyres' own PB Ratio has ranged from 1.26 to 12.74 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 1.38, Viaz Tyres 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 a Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.38, based on 1,294 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. Viaz Tyres's current PB Ratio of 1.42 is 2.9% 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 Viaz Tyres and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viaz Tyres's current PB Ratio is 1.42, which is 33% below median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viaz Tyres stock overvalued right now?
Based on GuruFocus' analysis, Viaz Tyres (NSE:VIAZ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹121.19, compared to a current price of ₹61.00 — trading 49.7% below its estimated fair value. The current PB Ratio is 1.42, which is 33% below median its 10-year median of 2.11 and 2.9% above the Vehicles & Parts industry median of 1.38. Viaz Tyres' overall GF Score™ is 83/100 with 6 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 Viaz Tyres (NSE:VIAZ), the current PB Ratio is 1.42 as of Jul. 29, 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 Viaz Tyres (NSE:VIAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Viaz Tyres stock appears to be undervalued. The current stock price of ₹61.00 is trading 49.7% below its estimated GF Value™ of ₹121.19. GuruFocus considers Viaz Tyres to be Possible Value Trap.

Key valuation signals for NSE:VIAZ:

  • PB Ratio: 1.42 (33% below median its 10-year median of 2.11)
  • GF Value™: ₹121.19 vs. price of ₹61.00 (49.7% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 2.9% above the Vehicles & Parts median (#660 of 1294)

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


Viaz Tyres Business Description

Address Sal Hospital Road, 915/916, Maple Trade, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380059
Viaz Tyres Ltd is engaged in the manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles. Its product portfolio comprises bicycle tyres, bicycle butyl moulded tubes, scooter and moped tubes, passenger car tubes, farm vehicle tubes, lubricants, grease, tubless tyre kits, and multipurpose air pumps, among others. The company operates in a single business segment, which comprises the manufacturing and selling of Tubes and Tyres. Its geographical segment is considered based on sales within India and outside India.
83GF Score

Get the complete analysis for NSE:VIAZ

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

₹61.00
Price
₹121.19
GF Value