Vertex Securities (BOM:531950) PB Ratio: 3.49 (As of Jul. 24, 2026) — 90% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BOM:531950 Vertex Securities Ltd BOM:531950
56 GF Score
Price ₹3.58
GF Value ₹3.56
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Vertex Securities PB Ratio?

Vertex Securities BOM:531950 -0.83% 56 PB Ratio is 3.49 as of Jul. 24, 2026, which is 90% above its 10-year median of 1.84. GuruFocus rates BOM:531950 with a GF Score™ of 56/100 and a GF Value™ of ₹3.56 (Fairly Valued). The stock has 9 warning signs investors should review. Among 777 Capital Markets companies, Vertex Securities ranks worse than 80.31% 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 (2026-07-24), Vertex Securities's share price is ₹3.58. Vertex Securities's Book Value per Share for the quarter that ended in Mar. 2026 was ₹1.03. Hence, Vertex Securities's PB Ratio of today is 3.49.

Warning Sign:

Vertex Securities Ltd stock PB Ratio (=3.59) is close to 1-year high of 3.89.

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

BOM:531950' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.84   Max: 4.98
Current: 3.48

During the past 13 years, Vertex Securities's highest PB Ratio was 4.98. The lowest was 0.53. And the median was 1.84.

BOM:531950's PB Ratio is ranked worse than
80.31% of 777 companies
in the Capital Markets industry
Industry Median: 1.31 vs BOM:531950: 3.48

During the past 12 months, Vertex Securities's average Book Value Per Share Growth Rate was 15.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vertex Securities was 14.70% per year. The lowest was -21.80% per year. And the median was -9.60% per year.

Back to Basics: PB Ratio


Vertex Securities  (BOM:531950) 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.


Vertex Securities PB Ratio Related Terms


Vertex Securities PB Ratio Historical Data

* Premium members only.

The historical data trend for Vertex Securities'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.

Vertex Securities PB Ratio Chart

Vertex Securities Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 1.76 2.40 3.74 2.36

Vertex Securities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.74 0.00 3.87 0.00 2.36

BOM:531950 vs MS, GS, SCHW: PB Ratio Comparison

For the Capital Markets subindustry, Vertex Securities'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.


Vertex Securities PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vertex Securities's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vertex Securities's PB Ratio falls into.


BOM:531950
56GF Score
Vertex Securities Ltd BOM:531950
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vertex Securities 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.

Vertex Securities's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=3.58/1.027
=3.49

* 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 3.49 mean?
Vertex Securities (BOM:531950) has a PB Ratio of 3.49 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vertex Securities and its competitors. This is 90% above median its historical median of 1.84. Over the past decade, Vertex Securities' PB Ratio has ranged from 0.53 to 4.98. According to the industry distribution chart, Vertex Securities ranks #624 out of 777 companies in the Capital Markets industry, placing it in the top 80.3%.
Is Vertex Securities' PB Ratio too high?
Vertex Securities' current PB Ratio of 3.49 is 90% above median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 4.98. The Capital Markets industry median PB Ratio is 1.31. Vertex Securities' value of 3.49 is 166.4% above this industry median. Based on the distribution chart, Vertex Securities ranks #624 out of 777 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Vertex Securities has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vertex Securities' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Vertex Securities ranks #624 out of 777 companies for PB Ratio. This places Vertex Securities in the lower half of its industry. The industry median PB Ratio is 1.31. Vertex Securities' value of 3.49 is 166.4% above this benchmark. Historically, Vertex Securities' own PB Ratio has ranged from 0.53 to 4.98 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 1.31, Vertex Securities 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.31, based on 777 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. Vertex Securities's current PB Ratio of 3.49 is 166.4% 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 Vertex Securities and its competitors. For the Capital Markets industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vertex Securities's current PB Ratio is 3.49, which is 90% above median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertex Securities stock overvalued right now?
Based on GuruFocus' analysis, Vertex Securities (BOM:531950) is currently considered Fairly Valued. The stock's GF Value™ is ₹3.56, compared to a current price of ₹3.58 — trading 0.6% above its estimated fair value. The current PB Ratio is 3.49, which is 90% above median its 10-year median of 1.84 and 166.4% above the Capital Markets industry median of 1.31. Vertex Securities' overall GF Score™ is 56/100 with 9 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 Vertex Securities (BOM:531950), the current PB Ratio is 3.49 as of Jul. 24, 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 Vertex Securities (BOM:531950) Overvalued in 2026?

Based on GuruFocus' analysis, Vertex Securities stock appears to be overvalued. The current stock price of ₹3.58 is trading 0.6% above its estimated GF Value™ of ₹3.56. GuruFocus considers Vertex Securities to be Fairly Valued.

Key valuation signals for BOM:531950:

  • PB Ratio: 3.49 (90% above median its 10-year median of 1.84)
  • GF Value™: ₹3.56 vs. price of ₹3.58 (0.6% above fair value)
  • GF Score™: 56/100 with 9 warning signs
  • Industry Position: 166.4% above the Capital Markets median (#624 of 777)

No single metric tells the full story. See the BOM:531950 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vertex Securities Business Description

Other Exchanges 890234:India
Address 403, Regent Chambers, Nariman Point, Mumbai, MH, IND, 400 021
Vertex Securities Ltd engages in the provision of securities brokerage services. It also offers equity, commodity, mutual funds, derivatives, currency futures, initial public offerings, and online trading services. The company provides retail brokerage services in equities, equity derivatives, currency derivatives, and commodities; mutual funds, initial public offerings and other retail investment advisory services; institutional brokerage and arbitrage services; and online trading services.
56GF Score

Get the complete analysis for BOM:531950

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

₹3.58
Price
₹3.56
GF Value