Vaibhav Global (BOM:532156) PB Ratio: 2.31 (As of Aug. 17, 2026) — 43% Below Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:532156 Vaibhav Global Ltd BOM:532156
80 GF Score
Price ₹227.85
GF Value ₹300.10
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Vaibhav Global PB Ratio?

Vaibhav Global BOM:532156 -2.32% 80 PB Ratio is 2.31 as of Aug. 17, 2026, which is 43% below its 10-year median of 4.08. GuruFocus rates BOM:532156 with a GF Score™ of 80/100 and a GF Value™ of ₹300.10 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,080 Retail - Cyclical companies, Vaibhav Global ranks worse than 66.39% 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), Vaibhav Global's share price is ₹227.85. Vaibhav Global's Book Value per Share for the quarter that ended in Jun. 2026 was ₹98.68. Hence, Vaibhav Global's PB Ratio of today is 2.31.

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

BOM:532156' s PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 4.08   Max: 16.82
Current: 2.31

During the past 13 years, Vaibhav Global's highest PB Ratio was 16.82. The lowest was 1.91. And the median was 4.08.

BOM:532156's PB Ratio is ranked worse than
66.39% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 1.505 vs BOM:532156: 2.31

During the past 12 months, Vaibhav Global's average Book Value Per Share Growth Rate was 21.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vaibhav Global was 32.90% per year. The lowest was -39.10% per year. And the median was 10.60% per year.

Back to Basics: PB Ratio


Vaibhav Global  (BOM:532156) 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.


Vaibhav Global PB Ratio Related Terms


Vaibhav Global PB Ratio Historical Data

* Premium members only.

The historical data trend for Vaibhav Global'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.

Vaibhav Global PB Ratio Chart

Vaibhav Global 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 5.44 3.74 4.80 2.70 1.78

Vaibhav Global Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 2.60 0.00 1.78 0.00

BOM:532156 vs TPR: PB Ratio Comparison

For the Luxury Goods subindustry, Vaibhav Global'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.


Vaibhav Global PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vaibhav Global's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vaibhav Global's PB Ratio falls into.


BOM:532156
80GF Score
Vaibhav Global Ltd BOM:532156
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vaibhav Global 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.

Vaibhav Global's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=227.85/98.678
=2.31

* 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 2.31 mean?
Vaibhav Global (BOM:532156) has a PB Ratio of 2.31 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 Vaibhav Global and its competitors. This is 43% below median its historical median of 4.08. Over the past decade, Vaibhav Global's PB Ratio has ranged from 1.91 to 16.82. According to the industry distribution chart, Vaibhav Global ranks #717 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 66.4%.
Is Vaibhav Global's PB Ratio too high?
Vaibhav Global's current PB Ratio of 2.31 is 43% below median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 16.82. The Retail - Cyclical industry median PB Ratio is 1.51. Vaibhav Global's value of 2.31 is 53.5% above this industry median. Based on the distribution chart, Vaibhav Global ranks #717 out of 1080 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Vaibhav Global has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vaibhav Global's PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Vaibhav Global ranks #717 out of 1080 companies for PB Ratio. This places Vaibhav Global in the lower half of its industry. The industry median PB Ratio is 1.51. Vaibhav Global's value of 2.31 is 53.5% above this benchmark. Historically, Vaibhav Global's own PB Ratio has ranged from 1.91 to 16.82 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 1.51, Vaibhav Global 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. Vaibhav Global's current PB Ratio of 2.31 is 53.5% 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 Vaibhav Global 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. Vaibhav Global's current PB Ratio is 2.31, which is 43% below median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vaibhav Global stock overvalued right now?
Based on GuruFocus' analysis, Vaibhav Global (BOM:532156) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹300.10, compared to a current price of ₹227.85 — trading 24.1% below its estimated fair value. The current PB Ratio is 2.31, which is 43% below median its 10-year median of 4.08 and 53.5% above the Retail - Cyclical industry median of 1.51. Vaibhav Global's overall GF Score™ is 80/100 with 2 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 Vaibhav Global (BOM:532156), the current PB Ratio is 2.31 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.

Is Vaibhav Global (BOM:532156) Overvalued in 2026?

Based on GuruFocus' analysis, Vaibhav Global stock appears to be undervalued. The current stock price of ₹227.85 is trading 24.1% below its estimated GF Value™ of ₹300.10. GuruFocus considers Vaibhav Global to be Modestly Undervalued.

Key valuation signals for BOM:532156:

  • PB Ratio: 2.31 (43% below median its 10-year median of 4.08)
  • GF Value™: ₹300.10 vs. price of ₹227.85 (24.1% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 53.5% above the Retail - Cyclical median (#717 of 1080)

No single metric tells the full story. See the BOM:532156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vaibhav Global Business Description

Other Exchanges VAIBHAVGBL:India
Address E-69, EPIP, Sitapura, Jaipur, RJ, IND, 302022
Vaibhav Global Ltd is engaged in the manufacturing, selling, and exporting of fashion jewelry which includes coloured gemstones, precious stones, and studded jewelry. The company's geographical segments include the United States of America, the United Kingdom, India, Germany, and other countries. It generates a majority of its revenue from the United States of America. The company's only reportable segment is the manufacturing of fashion and lifestyle products.
80GF Score

Get the complete analysis for BOM:532156

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

₹227.85
Price
₹300.10
GF Value