Vikram SolarNSE:VIKRAMSOLR +5.22%29 PB Ratio is 2.33 as of Jul. 12, 2026, which is 22% below its 10-year median of 2.98. GuruFocus rates NSE:VIKRAMSOLR with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 997 Semiconductors companies, Vikram Solar ranks better than 65.7% 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 (2026-07-12), Vikram Solar's share price is ₹203.35. Vikram Solar's Book Value per Share for the quarter that ended in Mar. 2026 was ₹87.43. Hence, Vikram Solar's PB Ratio of today is 2.33.
Good Sign:
Vikram Solar Ltd stock PB Ratio (=2.33) is close to 1-year low of 2.12.
The historical rank and industry rank for Vikram Solar's PB Ratio or its related term are showing as below:
NSE:VIKRAMSOLR'
s PB Ratio Range Over the Past 10 Years
Min: 2.12 Med: 2.98 Max: 10.4
Current: 2.33
During the past 5 years, Vikram Solar's highest PB Ratio was 10.40. The lowest was 2.12. And the median was 2.98.
NSE:VIKRAMSOLR's PB Ratio is ranked better than 65.7% of 997
companies
in the Semiconductors industry
Industry Median: 3.66
vs NSE:VIKRAMSOLR: 2.33
During the past 12 months, Vikram Solar's average Book Value Per Share Growth Rate was 154.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 105.40% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Vikram Solar was 105.40% per year. The lowest was 52.30% per year. And the median was 78.85% per year.
Back to Basics: PB Ratio
Vikram Solar (NSE:VIKRAMSOLR) 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.
Vikram Solar PB Ratio Related Terms
Vikram Solar PB Ratio Historical Data
* Premium members only.
The historical data trend for Vikram Solar'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.
NSE:VIKRAMSOLR vs FSLR, NXT, ENPH: PB Ratio Comparison
For the Solar subindustry, Vikram Solar'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.
Vikram Solar PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Vikram Solar's PB Ratio distribution charts can be found below:
* The bar in red indicates where Vikram Solar'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.
Vikram Solar's PB Ratio for today is calculated as follows:
* 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.
Vikram Solar (NSE:VIKRAMSOLR) has a PB Ratio of 2.33 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vikram Solar and its competitors. This is 22% below median its historical median of 2.98. Over the past decade, Vikram Solar's PB Ratio has ranged from 2.12 to 10.40. According to the industry distribution chart, Vikram Solar ranks #342 out of 997 companies in the Semiconductors industry, placing it in the top 34.3%.
Is Vikram Solar's PB Ratio too high?
Vikram Solar's current PB Ratio of 2.33 is 22% below median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 10.40. The Semiconductors industry median PB Ratio is 3.66. Vikram Solar's value of 2.33 is 36.3% below this industry median. Based on the distribution chart, Vikram Solar ranks #342 out of 997 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Vikram Solar has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Vikram Solar's PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Vikram Solar ranks #342 out of 997 companies for PB Ratio. This puts Vikram Solar in the upper half of its industry. The industry median PB Ratio is 3.66. Vikram Solar's value of 2.33 is 36.3% below this benchmark. Historically, Vikram Solar's own PB Ratio has ranged from 2.12 to 10.40 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 3.66, Vikram Solar 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.66, based on 997 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. Vikram Solar's current PB Ratio of 2.33 is 36.3% 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 Vikram Solar and its competitors. For the Semiconductors industry, the median PB Ratio is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vikram Solar's current PB Ratio is 2.33, which is 22% below median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vikram Solar stock overvalued right now?
Vikram Solar (NSE:VIKRAMSOLR) has a current PB Ratio of 2.33. The current PB Ratio is 2.33, which is 22% below median its 10-year median of 2.98 and 36.3% below the Semiconductors industry median of 3.66. Vikram Solar's overall GF Score™ is 29/100 with 3 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 Vikram Solar (NSE:VIKRAMSOLR), the current PB Ratio is 2.33 as of Jul. 12, 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.
Vikram Solar Ltd is one of the India's solar photo-voltaic (PV) modules manufacturers. It is currently undertaking greenfield and brownfield expansion plans, which are expected to increase its installed solar PV module manufacturing capacity to up to 15.50 GW and up to 20.50 GW. Its portfolio of solar energy products consists of the following high-efficiency solar PV modules: (i) p-type monocrystalline silicon based Passivated Emitter and Rear Contact (PERC) modules; (ii) N-Type monocrystalline silicon (N-Type) modules; and (iii) n-type monocrystalline silicon based heterojunction technology (HJT) modules; all of these being either bifacial (glass-to-glass/ glass-to-transparent back sheet) or monofacial (glass-to-white/black back sheet) modules.
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