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Vega JewellersBOM:512026 28 PB Ratio is 1.92 as of Aug. 17, 2026, which is 6300% above its 10-year median of 0.03. GuruFocus rates BOM:512026 with a GF Score™ of 28/100. The stock has 6 warning signs investors should review. Among 1,080 Retail - Cyclical companies, Vega Jewellers ranks worse than 60.37% 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 (2026-08-17), Vega Jewellers's share price is ₹61.95. Vega Jewellers's Book Value per Share for the quarter that ended in Jun. 2026 was ₹32.27. Hence, Vega Jewellers's PB Ratio of today is 1.92.
Warning Sign:
Vega Jewellers Ltd stock PB Ratio (=1.92) is close to 10-year high of 1.96.
The historical rank and industry rank for Vega Jewellers's PB Ratio or its related term are showing as below:
BOM:512026'
s PB Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.03 Max: 1.96
Current: 1.92
During the past 13 years, Vega Jewellers's highest PB Ratio was 1.96. The lowest was 0.03. And the median was 0.03.
BOM:512026's PB Ratio is ranked worse than 60.37% of 1080
companies
in the Retail - Cyclical industry
Industry Median: 1.505
vs BOM:512026: 1.92
During the past 12 months, Vega Jewellers's average Book Value Per Share Growth Rate was -50.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 51.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 37.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vega Jewellers was 82.40% per year. The lowest was -4.60% per year. And the median was 2.30% 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.
Vega Jewellers PB Ratio Related Terms
Vega Jewellers PB Ratio Historical Data
* Premium members only.
The historical data trend for Vega Jewellers'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 Luxury Goods subindustry, Vega Jewellers'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.
Vega Jewellers PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Vega Jewellers's PB Ratio distribution charts can be found below:
* The bar in red indicates where Vega Jewellers'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.
Vega Jewellers'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.
Vega Jewellers (BOM:512026) has a PB Ratio of 1.92 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vega Jewellers and its competitors. This is 6300% above median its historical median of 0.03. Over the past decade, Vega Jewellers' PB Ratio has ranged from 0.03 to 1.96. According to the industry distribution chart, Vega Jewellers ranks #652 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 60.4%.
Is Vega Jewellers' PB Ratio too high?
Vega Jewellers' current PB Ratio of 1.92 is 6300% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.96. The Retail - Cyclical industry median PB Ratio is 1.51. Vega Jewellers' value of 1.92 is 27.6% above this industry median. Based on the distribution chart, Vega Jewellers ranks #652 out of 1080 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Vega Jewellers has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Vega Jewellers' PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Vega Jewellers ranks #652 out of 1080 companies for PB Ratio. This places Vega Jewellers in the lower half of its industry. The industry median PB Ratio is 1.51. Vega Jewellers' value of 1.92 is 27.6% above this benchmark. Historically, Vega Jewellers' own PB Ratio has ranged from 0.03 to 1.96 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 1.51, Vega Jewellers 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.51, based on 1,080 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. Vega Jewellers's current PB Ratio of 1.92 is 27.6% 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 Vega Jewellers and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vega Jewellers's current PB Ratio is 1.92, which is 6300% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vega Jewellers stock overvalued right now?
Vega Jewellers (BOM:512026) has a current PB Ratio of 1.92. The current PB Ratio is 1.92, which is 6300% above median its 10-year median of 0.03 and 27.6% above the Retail - Cyclical industry median of 1.51. Vega Jewellers' overall GF Score™ is 28/100 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 Vega Jewellers (BOM:512026), the current PB Ratio is 1.92 as of Aug. 17, 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.
Vega Jewellers Ltd is mainly engaged in the business of jewellery retailing. The company is involved in trading industrial chemicals, and has expanded its business to include the trading, manufacturing, and dealing of all kinds of ornaments and jewellery. Its product portfolio comprises a wide range of jewellery products such as diamond necklaces, diamond rings, polki bangles, kundan pendants, chowkers, gold bangles, and a collection of antique and bridal jewellery products, among others.
28GF Score
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