V-Mart Retail (NSE:VMART) PB Ratio: 6.37 (As of Jun. 28, 2026) — 15% Below Median


NSE:VMART V-Mart Retail Ltd NSE:VMART
88 GF Score
Price ₹762.10
GF Value ₹881.43
Valuation Modestly Undervalued
! 1 Warning Sign
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What is V-Mart Retail PB Ratio?

V-Mart Retail NSE:VMART -2.05% 88 PB Ratio is 6.37 as of Jun. 28, 2026, which is 15% below its 10-year median of 7.50. GuruFocus rates NSE:VMART with a GF Score™ of 88/100 and a GF Value™ of ₹881.43 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,072 Retail - Cyclical companies, V-Mart Retail ranks worse than 88.62% 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 (2026-06-28), V-Mart Retail's share price is ₹762.10. V-Mart Retail's Book Value per Share for the quarter that ended in Mar. 2026 was ₹119.70. Hence, V-Mart Retail's PB Ratio of today is 6.37.

The historical rank and industry rank for V-Mart Retail's PB Ratio or its related term are showing as below:

NSE:VMART' s PB Ratio Range Over the Past 10 Years
Min: 3.39   Med: 7.5   Max: 13.73
Current: 6.39

During the past 13 years, V-Mart Retail's highest PB Ratio was 13.73. The lowest was 3.39. And the median was 7.50.

NSE:VMART's PB Ratio is ranked worse than
88.62% of 1072 companies
in the Retail - Cyclical industry
Industry Median: 1.46 vs NSE:VMART: 6.39

During the past 12 months, V-Mart Retail's average Book Value Per Share Growth Rate was 17.00% 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 1.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of V-Mart Retail was 43.00% per year. The lowest was -3.40% per year. And the median was 19.10% per year.

Back to Basics: PB Ratio


V-Mart Retail  (NSE:VMART) 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.


V-Mart Retail PB Ratio Related Terms


V-Mart Retail PB Ratio Historical Data

* Premium members only.

The historical data trend for V-Mart Retail'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.

V-Mart Retail PB Ratio Chart

V-Mart Retail 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 9.22 5.04 5.70 7.11 3.99

V-Mart Retail 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 7.11 0.00 6.66 0.00 3.99

NSE:VMART vs DDS, M: PB Ratio Comparison

For the Department Stores subindustry, V-Mart Retail'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.


V-Mart Retail PB Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where V-Mart Retail's PB Ratio falls into.


NSE:VMART
88GF Score
V-Mart Retail Ltd NSE:VMART
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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V-Mart Retail 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.

V-Mart Retail's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=762.10/119.698
=6.37

* 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 6.37 mean?
V-Mart Retail (NSE:VMART) has a PB Ratio of 6.37 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on V-Mart Retail and its competitors. This is 15% below median its historical median of 7.50. Over the past decade, V-Mart Retail's PB Ratio has ranged from 3.39 to 13.73. According to the industry distribution chart, V-Mart Retail ranks #950 out of 1072 companies in the Retail - Cyclical industry, placing it in the top 88.6%.
Is V-Mart Retail's PB Ratio too high?
V-Mart Retail's current PB Ratio of 6.37 is 15% below median its 10-year median of 7.50. Over the past 10 years, this metric has ranged from a low of 3.39 to a high of 13.73. The Retail - Cyclical industry median PB Ratio is 1.46. V-Mart Retail's value of 6.37 is 336.3% above this industry median. Based on the distribution chart, V-Mart Retail ranks #950 out of 1072 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, V-Mart Retail has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does V-Mart Retail's PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, V-Mart Retail ranks #950 out of 1072 companies for PB Ratio. This places V-Mart Retail in the lower half of its industry. The industry median PB Ratio is 1.46. V-Mart Retail's value of 6.37 is 336.3% above this benchmark. Historically, V-Mart Retail's own PB Ratio has ranged from 3.39 to 13.73 over the past decade. While the company's 10-year median is 7.50 vs. the industry median of 1.46, V-Mart Retail 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 1.46, based on 1,072 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. V-Mart Retail's current PB Ratio of 6.37 is 336.3% 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 V-Mart Retail and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V-Mart Retail's current PB Ratio is 6.37, which is 15% below median its own 10-year median of 7.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Mart Retail stock overvalued right now?
Based on GuruFocus' analysis, V-Mart Retail (NSE:VMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹881.43, compared to a current price of ₹762.10 — trading 13.5% below its estimated fair value. The current PB Ratio is 6.37, which is 15% below median its 10-year median of 7.50 and 336.3% above the Retail - Cyclical industry median of 1.46. V-Mart Retail's overall GF Score™ is 88/100 with 1 warning sign 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 V-Mart Retail (NSE:VMART), the current PB Ratio is 6.37 as of Jun. 28, 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 V-Mart Retail (NSE:VMART) Overvalued in 2026?

Based on GuruFocus' analysis, V-Mart Retail stock appears to be undervalued. The current stock price of ₹762.10 is trading 13.5% below its estimated GF Value™ of ₹881.43. GuruFocus considers V-Mart Retail to be Modestly Undervalued.

Key valuation signals for NSE:VMART:

  • PB Ratio: 6.37 (15% below median its 10-year median of 7.50)
  • GF Value™: ₹881.43 vs. price of ₹762.10 (13.5% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 336.3% above the Retail - Cyclical median (#950 of 1072)

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


V-Mart Retail Business Description

Other Exchanges 534976:India
Address Industrial Area, Phase - V, Plot No. 862, Udyog Vihar, Gurugram, HR, IND, 122016
V-Mart Retail Ltd is engaged in the retailing of readymade garments, accessories, and other products. It is involved in the business of Value Retailing through the chain of stores situated in various cities in India. It provides a range of apparel and accessories for men, women, boys, girls, and toddlers. The company's general merchandise includes Footwear, Home furnishing, Kitchenware, Toys and games, Bags and luggage, and Crockery. The company has two segments: Retail Trade, which includes domestic sales to customers at stores; and the Digital Marketplace segment includes commission and other income by providing Limeroad platform to vendors. It generates a majority of its revenue from the Retail Trade segment.
88GF Score

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

₹762.10
Price
₹881.43
GF Value