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Vani CommercialsBOM:538918 -3.30%47 PB Ratio is 0.66 as of Aug. 11, 2026, which is 27% below its 10-year median of 0.91. GuruFocus rates BOM:538918 with a GF Score™ of 47/100 and a GF Value™ of ₹11.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 526 Credit Services companies, Vani Commercials ranks better than 71.86% 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 (2026-08-11), Vani Commercials's share price is ₹7.91. Vani Commercials's Book Value per Share for the quarter that ended in Dec. 2025 was ₹12.03. Hence, Vani Commercials's PB Ratio of today is 0.66.
Good Sign:
Vani Commercials Ltd stock PB Ratio (=0.68) is close to 3-year low of 0.68.
The historical rank and industry rank for Vani Commercials's PB Ratio or its related term are showing as below:
BOM:538918'
s PB Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.91 Max: 5.59
Current: 0.66
During the past 12 years, Vani Commercials's highest PB Ratio was 5.59. The lowest was 0.17. And the median was 0.91.
BOM:538918's PB Ratio is ranked better than 71.86% of 526
companies
in the Credit Services industry
Industry Median: 1.06
vs BOM:538918: 0.66
During the past 12 months, Vani Commercials's average Book Value Per Share Growth Rate was 3.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Vani Commercials was 27.80% per year. The lowest was 0.20% 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.
Vani Commercials PB Ratio Related Terms
Vani Commercials PB Ratio Historical Data
* Premium members only.
The historical data trend for Vani Commercials'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 Credit Services subindustry, Vani Commercials'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.
Vani Commercials PB Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Vani Commercials's PB Ratio distribution charts can be found below:
* The bar in red indicates where Vani Commercials'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.
Vani Commercials (BOM:538918) has a PB Ratio of 0.66 as of Aug. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vani Commercials and its competitors. This is 27% below median its historical median of 0.91. Over the past decade, Vani Commercials' PB Ratio has ranged from 0.17 to 5.59. According to the industry distribution chart, Vani Commercials ranks #148 out of 526 companies in the Credit Services industry, placing it in the top 28.1%.
Is Vani Commercials' PB Ratio too high?
Vani Commercials' current PB Ratio of 0.66 is 27% below median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 5.59. The Credit Services industry median PB Ratio is 1.06. Vani Commercials' value of 0.66 is 37.7% below this industry median. Based on the distribution chart, Vani Commercials ranks #148 out of 526 companies in the Credit Services industry, which is above the industry midpoint. Overall, Vani Commercials has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vani Commercials' PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Vani Commercials ranks #148 out of 526 companies for PB Ratio. This puts Vani Commercials in the upper half of its industry. The industry median PB Ratio is 1.06. Vani Commercials' value of 0.66 is 37.7% below this benchmark. Historically, Vani Commercials' own PB Ratio has ranged from 0.17 to 5.59 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.06, Vani Commercials 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 Credit Services company?
The median PB Ratio among Credit Services companies is 1.06, based on 526 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. Vani Commercials's current PB Ratio of 0.66 is 37.7% 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 Vani Commercials and its competitors. For the Credit Services industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vani Commercials's current PB Ratio is 0.66, which is 27% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vani Commercials stock overvalued right now?
Based on GuruFocus' analysis, Vani Commercials (BOM:538918) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹11.09, compared to a current price of ₹7.91 — trading 28.7% below its estimated fair value. The current PB Ratio is 0.66, which is 27% below median its 10-year median of 0.91 and 37.7% below the Credit Services industry median of 1.06. Vani Commercials' overall GF Score™ is 47/100 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 Vani Commercials (BOM:538918), the current PB Ratio is 0.66 as of Aug. 11, 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 Vani Commercials (BOM:538918) Overvalued in 2026?
Based on GuruFocus' analysis, Vani Commercials stock appears to be undervalued.
The current stock price of ₹7.91 is trading 28.7% below its estimated GF Value™ of ₹11.09.
GuruFocus considers Vani Commercials to be Modestly Undervalued.
Key valuation signals for BOM:538918:
PB Ratio: 0.66 (27% below median its 10-year median of 0.91)
GF Value™: ₹11.09 vs. price of ₹7.91 (28.7% below fair value)
Industry Position: 37.7% below the Credit Services median (#148 of 526)
No single metric tells the full story. See the BOM:538918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vani Commercials Ltd is an India-based non-banking finance company. Its product includes loans for the purchase of equipment and machinery, working capital loans, loans for business or capacity expansion, term loans against property, loans for the purchase of commercial property, and lease rental discounting. The company offers its lending services to Micro, Small, and Medium Enterprises. It derives key revenue from the Interest income.
47GF Score
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