VIP Clothing (NSE:VIPCLOTHNG) Price-to-Tangible-Book: 1.52 (As of Jul. 31, 2026) — 42% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:VIPCLOTHNG VIP Clothing Ltd NSE:VIPCLOTHNG
62 GF Score
Price ₹21.05
GF Value ₹45.41
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is VIP Clothing Price-to-Tangible-Book?

VIP Clothing NSE:VIPCLOTHNG -0.75% 62 Price-to-Tangible-Book is 1.52 as of Jul. 31, 2026, which is 42% below its 10-year median of 2.62. GuruFocus rates NSE:VIPCLOTHNG with a GF Score™ of 62/100 and a GF Value™ of ₹45.41 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 985 Manufacturing - Apparel & Accessories companies, VIP Clothing ranks worse than 59.59% on this metric.

As of today (2026-07-31), VIP Clothing's share price is ₹21.05. VIP Clothing's Tangible Book per Share of Mar. 2026 for the quarter that ended in Mar. 2026 was ₹13.87. Hence, VIP Clothing's Price to Tangible Book Ratio of today is 1.52.

The historical rank and industry rank for VIP Clothing's Price-to-Tangible-Book or its related term are showing as below:

NSE:VIPCLOTHNG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51   Med: 2.62   Max: 10.93
Current: 1.54

During the past 13 years, VIP Clothing's highest Price to Tangible Book Ratio was 10.93. The lowest was 0.51. And the median was 2.62.

NSE:VIPCLOTHNG's Price-to-Tangible-Book is ranked worse than
59.59% of 985 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.13 vs NSE:VIPCLOTHNG: 1.54

A closely related ratio is called PB Ratio. As of today, VIP Clothing's share price is ₹21.05. VIP Clothing's Book Value per Sharefor the quarter that ended in Mar. 2026 was ₹21.57. Hence, VIP Clothing's P/B Ratio of today is 0.98.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


VIP Clothing Price-to-Tangible-Book Related Terms


VIP Clothing Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for VIP Clothing's Price-to-Tangible-Book 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.

VIP Clothing Price-to-Tangible-Book Chart

VIP Clothing Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 4.05 4.24 2.21 1.07

VIP Clothing Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Price-to-Tangible-Book 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 2.21 0.00 2.55 0.00 1.07

NSE:VIPCLOTHNG vs RL, LEVI, VFC: Price-to-Tangible-Book Comparison

For the Apparel Manufacturing subindustry, VIP Clothing's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


VIP Clothing Price-to-Tangible-Book vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Clothing's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where VIP Clothing's Price-to-Tangible-Book falls into.


NSE:VIPCLOTHNG
62GF Score
VIP Clothing Ltd NSE:VIPCLOTHNG
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIP Clothing Price-to-Tangible-Book Calculation

VIP Clothing's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2026 )
=21.05/13.869
=1.52

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 1.52 mean?
VIP Clothing (NSE:VIPCLOTHNG) has a Price-to-Tangible-Book of 1.52 as of Jul. 31, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on VIP Clothing and its competitors. This is 42% below median its historical median of 2.62. Over the past decade, VIP Clothing's Price-to-Tangible-Book has ranged from 0.51 to 10.93. According to the industry distribution chart, VIP Clothing ranks #587 out of 985 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 59.6%.
Is VIP Clothing's Price-to-Tangible-Book too high?
VIP Clothing's current Price-to-Tangible-Book of 1.52 is 42% below median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 10.93. The Manufacturing - Apparel & Accessories industry median Price-to-Tangible-Book is 1.13. VIP Clothing's value of 1.52 is 34.5% above this industry median. Based on the distribution chart, VIP Clothing ranks #587 out of 985 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, VIP Clothing has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Clothing's Price-to-Tangible-Book compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Clothing ranks #587 out of 985 companies for Price-to-Tangible-Book. This places VIP Clothing in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.13. VIP Clothing's value of 1.52 is 34.5% above this benchmark. Historically, VIP Clothing's own Price-to-Tangible-Book has ranged from 0.51 to 10.93 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 1.13, VIP Clothing 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 Price-to-Tangible-Book for a Manufacturing - Apparel & Accessories company?
The median Price-to-Tangible-Book among Manufacturing - Apparel & Accessories companies is 1.13, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VIP Clothing's current Price-to-Tangible-Book of 1.52 is 34.5% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on VIP Clothing and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Price-to-Tangible-Book is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Clothing's current Price-to-Tangible-Book is 1.52, which is 42% below median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Clothing stock overvalued right now?
Based on GuruFocus' analysis, VIP Clothing (NSE:VIPCLOTHNG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹45.41, compared to a current price of ₹21.05 — trading 53.6% below its estimated fair value. The current Price-to-Tangible-Book is 1.52, which is 42% below median its 10-year median of 2.62 and 34.5% above the Manufacturing - Apparel & Accessories industry median of 1.13. VIP Clothing's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For VIP Clothing (NSE:VIPCLOTHNG), the current Price-to-Tangible-Book is 1.52 as of Jul. 31, 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 VIP Clothing (NSE:VIPCLOTHNG) Overvalued in 2026?

Based on GuruFocus' analysis, VIP Clothing stock appears to be undervalued. The current stock price of ₹21.05 is trading 53.6% below its estimated GF Value™ of ₹45.41. GuruFocus considers VIP Clothing to be Significantly Undervalued.

Key valuation signals for NSE:VIPCLOTHNG:

  • Price-to-Tangible-Book: 1.52 (42% below median its 10-year median of 2.62)
  • GF Value™: ₹45.41 vs. price of ₹21.05 (53.6% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 34.5% above the Manufacturing - Apparel & Accessories median (#587 of 985)

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


VIP Clothing Business Description

Other Exchanges 532613:India
Address C-6, Road No. 22, MIDC, Andheri (East), Mumbai, MH, IND, 400 093
VIP Clothing Ltd is an Indian company which is active in manufacturing innerwear and socks under the brand VIP Inners, Frenchie, Frenchie X, VIP Leader, and VIP Feelings and all of their sub-brands for men and women. The company has one operating segment, namely Hosiery and others. Geographically the company generates the majority of their revenue within India.
62GF Score

Get the complete analysis for NSE:VIPCLOTHNG

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹21.05
Price
₹45.41
GF Value