Vardhman Polytex (NSE:VARDMNPOLY) PB Ratio: (As of Jul. 21, 2026)

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NSE:VARDMNPOLY Vardhman Polytex Ltd NSE:VARDMNPOLY
53 GF Score
Price ₹6.35
GF Value ₹5.00
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Vardhman Polytex PB Ratio?

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 (2026-07-21), Vardhman Polytex's share price is ₹6.35. Vardhman Polytex's Book Value per Share for the quarter that ended in Mar. 2026 was ₹-4.08. Hence, Vardhman Polytex's PB Ratio of today is .

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

NSE:VARDMNPOLY's PB Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.07
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 34.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -9.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vardhman Polytex was 34.20% per year. The lowest was -134.30% per year. And the median was -15.60% per year.

Back to Basics: PB Ratio


Vardhman Polytex  (NSE:VARDMNPOLY) 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.


Vardhman Polytex PB Ratio Related Terms


Vardhman Polytex PB Ratio Historical Data

* Premium members only.

The historical data trend for Vardhman Polytex'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.

Vardhman Polytex PB Ratio Chart

Vardhman Polytex 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 0.00 0.00 0.00 0.00 0.00

Vardhman Polytex 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 0.00 0.00 0.00 0.00 0.00

Vardhman Polytex PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Vardhman Polytex'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.


Vardhman Polytex PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vardhman Polytex's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vardhman Polytex's PB Ratio falls into.


NSE:VARDMNPOLY
53GF Score
Vardhman Polytex Ltd NSE:VARDMNPOLY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vardhman Polytex 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.

Vardhman Polytex's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.35/-4.082
=

* 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.

Is Vardhman Polytex (NSE:VARDMNPOLY) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Polytex stock appears to be overvalued. The current stock price of ₹6.35 is trading 27% above its estimated GF Value™ of ₹5.00. GuruFocus considers Vardhman Polytex to be Modestly Overvalued.

Key valuation signals for NSE:VARDMNPOLY:

  • PB Ratio:
  • GF Value™: ₹5.00 vs. price of ₹6.35 (27% above fair value)
  • GF Score™: 53/100 with 6 warning signs

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


Vardhman Polytex Business Description

Other Exchanges 514175:India
Address Chandigarh Road, Vardhman Park, Ludhiana, PB, IND, 141123
Vardhman Polytex Ltd is an Indian company operating in the Textile industry. The company is engaged in the manufacturing and export of cotton fabric and branded yarn. It is also engaged in the Real Estate business. It has production facilities located in Bathinda, Ludhiana, and Nalagarh in India. The Company's principal activity is the manufacturing of yarn & garments. Its product range includes yarns, fabrics, and garments including compact yarns, Organic Cotton Yarns, Dyed Yarns, polo t-shirts, round neck t-shirts, hoodies, and sweatshirts for men, women, and kids. It generates the majority of the revenue from the Textile Business. Geographically it covers the Indian and International Market.
53GF Score

Get the complete analysis for NSE:VARDMNPOLY

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

₹6.35
Price
₹5.00
GF Value