Vibhor Steel Tubes (NSE:VSTL) PB Ratio: 1.12 (As of Jun. 26, 2026) — 28% Below Median


NSE:VSTL Vibhor Steel Tubes Ltd NSE:VSTL
32 GF Score
Price ₹116.37
! 3 Warning Signs
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What is Vibhor Steel Tubes PB Ratio?

Vibhor Steel Tubes NSE:VSTL -0.44% 32 PB Ratio is 1.12 as of Jun. 26, 2026, which is 28% below its 10-year median of 1.56. GuruFocus rates NSE:VSTL with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 612 Steel companies, Vibhor Steel Tubes ranks worse than 56.7% 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 (2026-06-26), Vibhor Steel Tubes's share price is ₹116.37. Vibhor Steel Tubes's Book Value per Share for the quarter that ended in Mar. 2026 was ₹103.89. Hence, Vibhor Steel Tubes's PB Ratio of today is 1.12.

Good Sign:

Vibhor Steel Tubes Ltd stock PB Ratio (=1.14) is close to 3-year low of 1.05.

The historical rank and industry rank for Vibhor Steel Tubes's PB Ratio or its related term are showing as below:

NSE:VSTL' s PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.56   Max: 3.43
Current: 1.13

During the past 6 years, Vibhor Steel Tubes's highest PB Ratio was 3.43. The lowest was 1.05. And the median was 1.56.

NSE:VSTL's PB Ratio is ranked worse than
56.7% of 612 companies
in the Steel industry
Industry Median: 0.965 vs NSE:VSTL: 1.13

During the past 12 months, Vibhor Steel Tubes's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 30.90% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Vibhor Steel Tubes was 43.20% per year. The lowest was 28.30% per year. And the median was 37.80% per year.

Back to Basics: PB Ratio


Vibhor Steel Tubes  (NSE:VSTL) 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.


Vibhor Steel Tubes PB Ratio Related Terms


Vibhor Steel Tubes PB Ratio Historical Data

* Premium members only.

The historical data trend for Vibhor Steel Tubes'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.

Vibhor Steel Tubes PB Ratio Chart

Vibhor Steel Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 2.67 1.49 0.98

Vibhor Steel Tubes Quarterly Data
Mar21 Mar22 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 1.49 0.00 1.52 0.00 0.98

NSE:VSTL vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Vibhor Steel Tubes'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.


Vibhor Steel Tubes PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Vibhor Steel Tubes's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vibhor Steel Tubes's PB Ratio falls into.


NSE:VSTL
32GF Score
Vibhor Steel Tubes Ltd NSE:VSTL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vibhor Steel Tubes 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.

Vibhor Steel Tubes's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=116.37/103.892
=1.12

* 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 1.12 mean?
Vibhor Steel Tubes (NSE:VSTL) has a PB Ratio of 1.12 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vibhor Steel Tubes and its competitors. This is 28% below median its historical median of 1.56. Over the past decade, Vibhor Steel Tubes' PB Ratio has ranged from 1.05 to 3.43. According to the industry distribution chart, Vibhor Steel Tubes ranks #347 out of 612 companies in the Steel industry, placing it in the top 56.7%.
Is Vibhor Steel Tubes' PB Ratio too high?
Vibhor Steel Tubes' current PB Ratio of 1.12 is 28% below median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 3.43. The Steel industry median PB Ratio is 0.97. Vibhor Steel Tubes' value of 1.12 is 16.1% above this industry median. Based on the distribution chart, Vibhor Steel Tubes ranks #347 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, Vibhor Steel Tubes has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Vibhor Steel Tubes' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vibhor Steel Tubes ranks #347 out of 612 companies for PB Ratio. This places Vibhor Steel Tubes in the lower half of its industry. The industry median PB Ratio is 0.97. Vibhor Steel Tubes' value of 1.12 is 16.1% above this benchmark. Historically, Vibhor Steel Tubes' own PB Ratio has ranged from 1.05 to 3.43 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 0.97, Vibhor Steel Tubes 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 612 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. Vibhor Steel Tubes's current PB Ratio of 1.12 is 16.1% 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 Vibhor Steel Tubes and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vibhor Steel Tubes's current PB Ratio is 1.12, which is 28% below median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vibhor Steel Tubes stock overvalued right now?
Vibhor Steel Tubes (NSE:VSTL) has a current PB Ratio of 1.12. The current PB Ratio is 1.12, which is 28% below median its 10-year median of 1.56 and 16.1% above the Steel industry median of 0.97. Vibhor Steel Tubes' overall GF Score™ is 32/100 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 Vibhor Steel Tubes (NSE:VSTL), the current PB Ratio is 1.12 as of Jun. 26, 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.

Vibhor Steel Tubes Business Description

Other Exchanges 544124:India
Address Delhi Road, Plot No. 2, Industrial Development Colony, Hisar, HR, IND, 125005
Vibhor Steel Tubes Ltd is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, and others.
32GF Score

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

₹116.37
Price