Varvee Global (NSE:VGL) ROE % Adjusted to Book Value: -47.30% (As of Mar. 2026)


NSE:VGL Varvee Global Ltd NSE:VGL
49 GF Score
Price ₹63.61
GF Value ₹22.88
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Varvee Global ROE % Adjusted to Book Value?

Varvee Global NSE:VGL -0.27% 49 ROE % Adjusted to Book Value is -47.30% as of Mar. 2026. GuruFocus rates NSE:VGL with a GF Score™ of 49/100 and a GF Value™ of ₹22.88 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Varvee Global's ROE % for the quarter that ended in Mar. 2026 was -148.51%. Varvee Global's PB Ratio for the quarter that ended in Mar. 2026 was 3.14. Varvee Global's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -47.30%.

Varvee Global ROE % Adjusted to Book Value Related Terms

Varvee Global ROE % Adjusted to Book Value Historical Data

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The historical data trend for Varvee Global's ROE % Adjusted to Book Value 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.

Varvee Global ROE % Adjusted to Book Value Chart

Varvee Global Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.66 -100.43 -34.93 7.67 7.03

Varvee Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 -10.87 0.00 9.60 0.00 -47.30

Varvee Global ROE % Adjusted to Book Value Competitor Comparison

For the Textile Manufacturing subindustry, Varvee Global's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Varvee Global ROE % Adjusted to Book Value vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Varvee Global's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Varvee Global's ROE % Adjusted to Book Value falls into.


NSE:VGL
49GF Score
Varvee Global Ltd NSE:VGL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Varvee Global ROE % Adjusted to Book Value Calculation

Varvee Global's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=22.08% / 3.14
=7.03%

Varvee Global's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-148.51% / 3.14
=-47.30%

* 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.

What does a ROE % Adjusted to Book Value of -47.30% mean?
Varvee Global (NSE:VGL) has a ROE % Adjusted to Book Value of -47.30% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Varvee Global and its competitors.
Is Varvee Global's ROE % Adjusted to Book Value too high?
Varvee Global's current ROE % Adjusted to Book Value is -47.30%. Overall, Varvee Global has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varvee Global's ROE % Adjusted to Book Value compare to competitors?
Varvee Global's ROE % Adjusted to Book Value of -47.30% can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Manufacturing - Apparel & Accessories company?
A good ROE % Adjusted to Book Value depends on the Manufacturing - Apparel & Accessories industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Varvee Global and its competitors. Varvee Global's current ROE % Adjusted to Book Value is -47.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varvee Global stock overvalued right now?
Based on GuruFocus' analysis, Varvee Global (NSE:VGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹22.88, compared to a current price of ₹63.61 — trading 178% above its estimated fair value. The current ROE % Adjusted to Book Value is -47.30%. Varvee Global's overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Varvee Global (NSE:VGL), the current ROE % Adjusted to Book Value is -47.30% as of Mar. 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 Varvee Global (NSE:VGL) Overvalued in 2026?

Based on GuruFocus' analysis, Varvee Global stock appears to be overvalued. The current stock price of ₹63.61 is trading 178% above its estimated GF Value™ of ₹22.88. GuruFocus considers Varvee Global to be Significantly Overvalued.

Key valuation signals for NSE:VGL:

  • ROE % Adjusted to Book Value: -47.30%
  • GF Value™: ₹22.88 vs. price of ₹63.61 (178% above fair value)
  • GF Score™: 49/100 with 4 warning signs

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

Varvee Global Business Description

Other Exchanges 514274:India
Address 188/2, Ranipur Village, Opposite CNI Church, Narol, Ahmedabad, GJ, IND, 382 405
Varvee Global Ltd is engaged in the manufacturing and selling of denim and non-denim Fabrics. The company caters to both domestic and international markets. Geographically, the company derives a majority of its revenue from India.
49GF Score

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

₹63.61
Price
₹22.88
GF Value