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Veer Energy & InfrastructureBOM:503657 +2.53%55 PB Ratio is 0.31 as of Aug. 16, 2026, which is 7% above its 10-year median of 0.29. GuruFocus rates BOM:503657 with a GF Score™ of 55/100 and a GF Value™ of ₹8.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 436 Utilities - Independent Power Producers companies, Veer Energy & Infrastructure ranks better than 92.89% on this metric.
During the past 12 months, Veer Energy & Infrastructure's average Book Value Per Share Growth Rate was -1.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Veer Energy & Infrastructure was 51.70% per year. The lowest was -34.70% per year. And the median was 0.60% 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.
Veer Energy & Infrastructure PB Ratio Related Terms
Veer Energy & Infrastructure PB Ratio Historical Data
* 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.
Veer Energy & Infrastructure PB Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Veer Energy & Infrastructure'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.
Veer Energy & Infrastructure PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Veer Energy & Infrastructure's PB Ratio distribution charts can be found below:
* The bar in red indicates where Veer Energy & Infrastructure'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.
Veer Energy & Infrastructure (BOM:503657) has a PB Ratio of 0.31 as of Aug. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Veer Energy & Infrastructure and its competitors. This is near median its historical median of 0.29. Over the past decade, Veer Energy & Infrastructure's PB Ratio has ranged from 0.10 to 0.71. According to the industry distribution chart, Veer Energy & Infrastructure ranks #31 out of 436 companies in the Utilities - Independent Power Producers industry, placing it in the top 7.1%.
Is Veer Energy & Infrastructure's PB Ratio too high?
Veer Energy & Infrastructure's current PB Ratio of 0.31 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.71. The Utilities - Independent Power Producers industry median PB Ratio is 1.29. Veer Energy & Infrastructure's value of 0.31 is 76% below this industry median. Based on the distribution chart, Veer Energy & Infrastructure ranks #31 out of 436 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Veer Energy & Infrastructure has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veer Energy & Infrastructure's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Veer Energy & Infrastructure ranks #31 out of 436 companies for PB Ratio. This places Veer Energy & Infrastructure in the top 7% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.29. Veer Energy & Infrastructure's value of 0.31 is 76% below this benchmark. Historically, Veer Energy & Infrastructure's own PB Ratio has ranged from 0.10 to 0.71 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.29, Veer Energy & Infrastructure 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.29, based on 436 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. Veer Energy & Infrastructure's current PB Ratio of 0.31 is 76% 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 Veer Energy & Infrastructure and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veer Energy & Infrastructure's current PB Ratio is 0.31, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veer Energy & Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Veer Energy & Infrastructure (BOM:503657) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.67, compared to a current price of ₹12.98 — trading 49.7% above its estimated fair value. The current PB Ratio is 0.31, which is near median its 10-year median of 0.29 and 76% below the Utilities - Independent Power Producers industry median of 1.29. Veer Energy & Infrastructure's overall GF Score™ is 55/100 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 Veer Energy & Infrastructure (BOM:503657), the current PB Ratio is 0.31 as of Aug. 16, 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 Veer Energy & Infrastructure (BOM:503657) Overvalued in 2026?
Based on GuruFocus' analysis, Veer Energy & Infrastructure stock appears to be overvalued.
The current stock price of ₹12.98 is trading 49.7% above its estimated GF Value™ of ₹8.67.
GuruFocus considers Veer Energy & Infrastructure to be Significantly Overvalued.
Key valuation signals for BOM:503657:
PB Ratio: 0.31 (near median its 10-year median of 0.29)
GF Value™: ₹8.67 vs. price of ₹12.98 (49.7% above fair value)
Industry Position: 76% below the Utilities - Independent Power Producers median (#31 of 436)
No single metric tells the full story. See the BOM:503657 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veer Energy & Infrastructure Ltd is engaged in the business of implementation and operation of large-scale projects in the renewable energy sector. It is an India-based renewable energy Company that provides services across India to develop, construct, and operate projects that contribute to the goal of a low-carbon and sustainable future. The company generates revenue from the sale of services, and sale of goods, where the majority of the revenue is generated from the sale of services.
55GF Score
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