Vtex (VTEX) PB Ratio: 2.96 (As of Jun. 26, 2026) — 25% Below Median


VTEX Vtex VTEX
73 GF Score
Price $4.04
GF Value $7.49
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Vtex PB Ratio?

Vtex VTEX +9.78% 73 PB Ratio is 2.96 as of Jun. 26, 2026, which is 25% below its 10-year median of 3.95. GuruFocus rates VTEX with a GF Score™ of 73/100 and a GF Value™ of $7.49 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,624 Software companies, Vtex ranks worse than 56.52% 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), Vtex's share price is $4.04. Vtex's Book Value per Share for the quarter that ended in Mar. 2026 was $1.36. Hence, Vtex's PB Ratio of today is 2.96.

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

VTEX' s PB Ratio Range Over the Past 10 Years
Min: 1.83   Med: 3.95   Max: 103.74
Current: 2.97

During the past 8 years, Vtex's highest PB Ratio was 103.74. The lowest was 1.83. And the median was 3.95.

VTEX's PB Ratio is ranked worse than
56.52% of 2624 companies
in the Software industry
Industry Median: 2.32 vs VTEX: 2.97

During the past 12 months, Vtex's average Book Value Per Share Growth Rate was 1.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.20% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Vtex was 214.60% per year. The lowest was -7.10% per year. And the median was 47.90% per year.

Back to Basics: PB Ratio


Vtex  (NYSE:VTEX) 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.


Vtex PB Ratio Related Terms


Vtex PB Ratio Historical Data

* Premium members only.

The historical data trend for Vtex'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.

Vtex PB Ratio Chart

Vtex Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 6.26 2.58 5.27 4.28 2.79

Vtex 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 3.76 4.80 0.00 2.79 2.93

VTEX vs PAR, SVMB, MTC: PB Ratio Comparison

For the Software - Application subindustry, Vtex'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.


Vtex PB Ratio vs Software Industry

For the Software industry and Technology sector, Vtex's PB Ratio distribution charts can be found below:

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


VTEX
73GF Score
Vtex VTEX
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vtex 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.

Vtex's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=4.04/1.364
=2.96

* 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 2.96 mean?
Vtex (VTEX) has a PB Ratio of 2.96 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 Vtex and its competitors. This is 25% below median its historical median of 3.95. Over the past decade, Vtex's PB Ratio has ranged from 1.83 to 103.74. According to the industry distribution chart, Vtex ranks #1483 out of 2624 companies in the Software industry, placing it in the top 56.5%.
Is Vtex's PB Ratio too high?
Vtex's current PB Ratio of 2.96 is 25% below median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 103.74. The Software industry median PB Ratio is 2.32. Vtex's value of 2.96 is 27.6% above this industry median. Based on the distribution chart, Vtex ranks #1483 out of 2624 companies in the Software industry, which is below the industry midpoint. Overall, Vtex has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vtex's PB Ratio compare to PAR and SVMB?
According to the Software industry distribution chart, Vtex ranks #1483 out of 2624 companies for PB Ratio. This places Vtex in the lower half of its industry. The industry median PB Ratio is 2.32. Vtex's value of 2.96 is 27.6% above this benchmark. Historically, Vtex's own PB Ratio has ranged from 1.83 to 103.74 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 2.32, Vtex 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 Software company?
The median PB Ratio among Software companies is 2.32, based on 2,624 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. Vtex's current PB Ratio of 2.96 is 27.6% 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 Vtex and its competitors. For the Software 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. Vtex's current PB Ratio is 2.96, which is 25% below median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vtex stock overvalued right now?
Based on GuruFocus' analysis, Vtex (VTEX) is currently considered Significantly Undervalued. The stock's GF Value™ is $7.49, compared to a current price of $4.04 — trading 46.1% below its estimated fair value. The current PB Ratio is 2.96, which is 25% below median its 10-year median of 3.95 and 27.6% above the Software industry median of 2.32. Vtex's overall GF Score™ is 73/100 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 Vtex (VTEX), the current PB Ratio is 2.96 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.

Is Vtex (VTEX) Overvalued in 2026?

Based on GuruFocus' analysis, Vtex stock appears to be undervalued. The current stock price of $4.04 is trading 46.1% below its estimated GF Value™ of $7.49. GuruFocus considers Vtex to be Significantly Undervalued.

Key valuation signals for VTEX:

  • PB Ratio: 2.96 (25% below median its 10-year median of 3.95)
  • GF Value™: $7.49 vs. price of $4.04 (46.1% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 27.6% above the Software median (#1483 of 2624)

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


Vtex Business Description

Other Exchanges V2TX34:Brazil
Address 103 South Church Street, 4th Floor, Harbour Place, PO Box 10240, Grand Cayman, CYM, KYI-1002
Vtex provides a software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce plan, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. The VTEX platform is designed to be composable and complete, enabling its customers to seamlessly implement, optimize, test, and expand both B2C and B2B digital experiences. It generates maximum revenues from Brazil followed by Latin America and the rest of the world.
73GF Score

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

$4.04
Price
$7.49
GF Value