Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Vraj Iron and SteelNSE:VRAJ +0.93%39 PB Ratio is 0.95 as of Aug. 08, 2026, which is 19% below its 10-year median of 1.18. GuruFocus rates NSE:VRAJ with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 610 Steel companies, Vraj Iron and Steel ranks better than 50.82% on this metric.
The historical rank and industry rank for Vraj Iron and Steel's PB Ratio or its related term are showing as below:
NSE:VRAJ'
s PB Ratio Range Over the Past 10 Years
Min: 0.8 Med: 1.18 Max: 2.2
Current: 0.97
During the past 6 years, Vraj Iron and Steel's highest PB Ratio was 2.20. The lowest was 0.80. And the median was 1.18.
NSE:VRAJ's PB Ratio is ranked better than 50.82% of 610
companies
in the Steel industry
Industry Median: 0.97
vs NSE:VRAJ: 0.97
During the past 12 months, Vraj Iron and Steel's average Book Value Per Share Growth Rate was 8.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 45.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 53.20% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Vraj Iron and Steel was 65.80% per year. The lowest was 45.00% per year. And the median was 51.30% per year.
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.
Vraj Iron and Steel PB Ratio Related Terms
Vraj Iron and Steel PB Ratio Historical Data
* Premium members only.
The historical data trend for Vraj Iron and Steel'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 Steel subindustry, Vraj Iron and Steel'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.
Vraj Iron and Steel PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Vraj Iron and Steel's PB Ratio distribution charts can be found below:
* The bar in red indicates where Vraj Iron and Steel'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.
Vraj Iron and Steel (NSE:VRAJ) has a PB Ratio of 0.95 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vraj Iron and Steel and its competitors. This is 19% below median its historical median of 1.18. Over the past decade, Vraj Iron and Steel's PB Ratio has ranged from 0.80 to 2.20. According to the industry distribution chart, Vraj Iron and Steel ranks #300 out of 610 companies in the Steel industry, placing it in the top 49.2%.
Is Vraj Iron and Steel's PB Ratio too high?
Vraj Iron and Steel's current PB Ratio of 0.95 is 19% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.20. The Steel industry median PB Ratio is 0.97. Vraj Iron and Steel's value of 0.95 is 2.1% below this industry median. Based on the distribution chart, Vraj Iron and Steel ranks #300 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Vraj Iron and Steel has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Vraj Iron and Steel's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vraj Iron and Steel ranks #300 out of 610 companies for PB Ratio. This puts Vraj Iron and Steel in the upper half of its industry. The industry median PB Ratio is 0.97. Vraj Iron and Steel's value of 0.95 is 2.1% below this benchmark. Historically, Vraj Iron and Steel's own PB Ratio has ranged from 0.80 to 2.20 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 0.97, Vraj Iron and Steel 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 610 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. Vraj Iron and Steel's current PB Ratio of 0.95 is 2.1% 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 Vraj Iron and Steel and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vraj Iron and Steel's current PB Ratio is 0.95, which is 19% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vraj Iron and Steel stock overvalued right now?
Vraj Iron and Steel (NSE:VRAJ) has a current PB Ratio of 0.95. The current PB Ratio is 0.95, which is 19% below median its 10-year median of 1.18 and 2.1% below the Steel industry median of 0.97. Vraj Iron and Steel's overall GF Score™ is 39/100 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 Vraj Iron and Steel (NSE:VRAJ), the current PB Ratio is 0.95 as of Aug. 08, 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.
Vraj Iron and Steel Ltd is a subsidiary of Gopal Sponge and Power Private Limited, with two manufacturing units located at Raipur and Bilaspur in Chhattisgarh. The company is engaged in the manufacture of iron and steel in Central India. It produces Sponge Iron, TMT Bars, and MS Billets under the brand "Vraj." Vraj Iron And Steel focuses on manufacturing and trading iron, steel, and power, which is its primary business segment. The company offers integrated steel plants with manufacturing setups, including DRI unit, EAF, continuous billet casting mill, high-speed rolling mill, and quality assurance laboratories.
39GF Score
Get the complete analysis for NSE:VRAJ
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:VRAJ has been successfully added to your 
