Vardhman Special Steels (NSE:VSSL) PEG Ratio: 4.03 (As of Jun. 27, 2026) — 468% Above Median


NSE:VSSL Vardhman Special Steels Ltd NSE:VSSL
75 GF Score
Price ₹282.90
GF Value ₹223.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Vardhman Special Steels PEG Ratio?

Vardhman Special Steels NSE:VSSL -0.58% 75 PEG Ratio is 4.03 as of Jun. 27, 2026, which is 468% above its 10-year median of 0.71. GuruFocus rates NSE:VSSL with a GF Score™ of 75/100 and a GF Value™ of ₹223.13 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 203 Steel companies, Vardhman Special Steels ranks worse than 76.85% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Vardhman Special Steels's PE Ratio without NRI is 21.74. Vardhman Special Steels's 5-Year EBITDA growth rate is 5.40%. Therefore, Vardhman Special Steels's PEG Ratio for today is 4.03.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Vardhman Special Steels's PEG Ratio or its related term are showing as below:

NSE:VSSL' s PEG Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.71   Max: 13.47
Current: 4.02


During the past 13 years, Vardhman Special Steels's highest PEG Ratio was 13.47. The lowest was 0.42. And the median was 0.71.


NSE:VSSL's PEG Ratio is ranked worse than
76.85% of 203 companies
in the Steel industry
Industry Median: 1.43 vs NSE:VSSL: 4.02

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Vardhman Special Steels  (NSE:VSSL) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Vardhman Special Steels PEG Ratio Related Terms


Vardhman Special Steels PEG Ratio Historical Data

* Premium members only.

The historical data trend for Vardhman Special Steels's PEG 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 Special Steels PEG Ratio Chart

Vardhman Special Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 0.56 0.56 0.62 0.00

Vardhman Special Steels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG 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 0.62 1.10 2.29 5.76 0.00

NSE:VSSL vs NUE, STLD, RS: PEG Ratio Comparison

For the Steel subindustry, Vardhman Special Steels's PEG Ratio, along with its competitors' market caps and PEG 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 Special Steels PEG Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Vardhman Special Steels's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Vardhman Special Steels's PEG Ratio falls into.


NSE:VSSL
75GF Score
Vardhman Special Steels Ltd NSE:VSSL
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vardhman Special Steels PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Vardhman Special Steels's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=21.744811683321/5.40
=4.03

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 4.03 mean?
Vardhman Special Steels (NSE:VSSL) has a PEG Ratio of 4.03 as of Jun. 27, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Vardhman Special Steels and its competitors. This is 468% above median its historical median of 0.71. Over the past decade, Vardhman Special Steels' PEG Ratio has ranged from 0.42 to 13.47. According to the industry distribution chart, Vardhman Special Steels ranks #156 out of 203 companies in the Steel industry, placing it in the top 76.8%.
Is Vardhman Special Steels' PEG Ratio too high?
Vardhman Special Steels' current PEG Ratio of 4.03 is 468% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 13.47. The Steel industry median PEG Ratio is 1.43. Vardhman Special Steels' value of 4.03 is 181.8% above this industry median. Based on the distribution chart, Vardhman Special Steels ranks #156 out of 203 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vardhman Special Steels has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Special Steels' PEG Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vardhman Special Steels ranks #156 out of 203 companies for PEG Ratio. This places Vardhman Special Steels in the lower half of its industry. The industry median PEG Ratio is 1.43. Vardhman Special Steels' value of 4.03 is 181.8% above this benchmark. Historically, Vardhman Special Steels' own PEG Ratio has ranged from 0.42 to 13.47 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 1.43, Vardhman Special Steels 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 PEG Ratio for a Steel company?
The median PEG Ratio among Steel companies is 1.43, based on 203 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vardhman Special Steels's current PEG Ratio of 4.03 is 181.8% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Vardhman Special Steels and its competitors. For the Steel industry, the median PEG Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Special Steels's current PEG Ratio is 4.03, which is 468% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Special Steels stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Special Steels (NSE:VSSL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹223.13, compared to a current price of ₹282.90 — trading 26.8% above its estimated fair value. The current PEG Ratio is 4.03, which is 468% above median its 10-year median of 0.71 and 181.8% above the Steel industry median of 1.43. Vardhman Special Steels' overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Vardhman Special Steels (NSE:VSSL), the current PEG Ratio is 4.03 as of Jun. 27, 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 Vardhman Special Steels (NSE:VSSL) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Special Steels stock appears to be overvalued. The current stock price of ₹282.90 is trading 26.8% above its estimated GF Value™ of ₹223.13. GuruFocus considers Vardhman Special Steels to be Modestly Overvalued.

Key valuation signals for NSE:VSSL:

  • PEG Ratio: 4.03 (468% above median its 10-year median of 0.71)
  • GF Value™: ₹223.13 vs. price of ₹282.90 (26.8% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 181.8% above the Steel median (#156 of 203)

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


Vardhman Special Steels Business Description

Other Exchanges 534392:India
Address Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141 010
Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India and also has a presence outside India.
75GF Score

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

₹282.90
Price
₹223.13
GF Value