Vestas Wind Systems ASCHIX:VWSC 81 PB Ratio is 5.76 as of Jun. 25, 2026, which is 5% above its 10-year median of 5.50. GuruFocus rates CHIX:VWSC with a GF Score™ of 81/100 and a GF Value™ of kr193.78 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,986 Industrial Products companies, Vestas Wind Systems AS ranks worse than 81.31% on this metric.
Vestas Wind Systems AS stock PB Ratio (=6.15) is close to 1-year high of 6.7.
The historical rank and industry rank for Vestas Wind Systems AS's PB Ratio or its related term are showing as below:
CHIX:VWSc'
s PB Ratio Range Over the Past 10 Years
Min: 3.35 Med: 5.5 Max: 10.96
Current: 6.15
During the past 13 years, Vestas Wind Systems AS's highest PB Ratio was 10.96. The lowest was 3.35. And the median was 5.50.
CHIX:VWSc's PB Ratio is ranked worse than 81.31% of 2986
companies
in the Industrial Products industry
Industry Median: 2.32
vs CHIX:VWSc: 6.15
During the past 12 months, Vestas Wind Systems AS's average Book Value Per Share Growth Rate was 18.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vestas Wind Systems AS was 25.40% per year. The lowest was -17.70% per year. And the median was 6.20% per year.
Back to Basics: PB Ratio
Vestas Wind Systems AS (CHIX:VWSc) PB Ratio Explanation
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.
* 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 Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.
Vestas Wind Systems AS PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's PB Ratio distribution charts can be found below:
* The bar in red indicates where Vestas Wind Systems AS'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.
Vestas Wind Systems AS (CHIX:VWSC) has a PB Ratio of 5.76 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vestas Wind Systems AS and its competitors. This is near median its historical median of 5.50. Over the past decade, Vestas Wind Systems AS's PB Ratio has ranged from 3.35 to 10.96. According to the industry distribution chart, Vestas Wind Systems AS ranks #2428 out of 2986 companies in the Industrial Products industry, placing it in the top 81.3%.
Is Vestas Wind Systems AS's PB Ratio too high?
Vestas Wind Systems AS's current PB Ratio of 5.76 is near median its 10-year median of 5.50. Over the past 10 years, this metric has ranged from a low of 3.35 to a high of 10.96. The Industrial Products industry median PB Ratio is 2.32. Vestas Wind Systems AS's value of 5.76 is 148.3% above this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #2428 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Vestas Wind Systems AS has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vestas Wind Systems AS ranks #2428 out of 2986 companies for PB Ratio. This places Vestas Wind Systems AS in the lower half of its industry. The industry median PB Ratio is 2.32. Vestas Wind Systems AS's value of 5.76 is 148.3% above this benchmark. Historically, Vestas Wind Systems AS's own PB Ratio has ranged from 3.35 to 10.96 over the past decade. While the company's 10-year median is 5.50 vs. the industry median of 2.32, Vestas Wind Systems AS 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.32, based on 2,986 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. Vestas Wind Systems AS's current PB Ratio of 5.76 is 148.3% 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 Vestas Wind Systems AS and its competitors. For the Industrial Products industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current PB Ratio is 5.76, which is near median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (CHIX:VWSC) is currently considered Modestly Undervalued. The stock's GF Value™ is kr193.78, compared to a current price of kr170.93 — trading 11.8% below its estimated fair value. The current PB Ratio is 5.76, which is near median its 10-year median of 5.50 and 148.3% above the Industrial Products industry median of 2.32. Vestas Wind Systems AS's overall GF Score™ is 81/100 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 Vestas Wind Systems AS (CHIX:VWSC), the current PB Ratio is 5.76 as of Jun. 25, 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 Vestas Wind Systems AS (CHIX:VWSC) Overvalued in 2026?
Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued.
The current stock price of kr170.93 is trading 11.8% below its estimated GF Value™ of kr193.78.
GuruFocus considers Vestas Wind Systems AS to be Modestly Undervalued.
Key valuation signals for CHIX:VWSC:
PB Ratio: 5.76 (near median its 10-year median of 5.50)
GF Value™: kr193.78 vs. price of kr170.93 (11.8% below fair value)
Industry Position: 148.3% above the Industrial Products median (#2428 of 2986)
No single metric tells the full story. See the CHIX:VWSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
81GF Score
Get the complete analysis for CHIX:VWSC
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:VWSC has been successfully added to your 
