VIP Industries (NSE:VIPIND) ROE % Adjusted to Book Value: -12.01% (As of Mar. 2026)


NSE:VIPIND VIP Industries Ltd NSE:VIPIND
70 GF Score
Price ₹312.45
GF Value ₹400.96
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is VIP Industries ROE % Adjusted to Book Value?

VIP Industries NSE:VIPIND +0.05% 70 ROE % Adjusted to Book Value is -12.01% as of Mar. 2026. GuruFocus rates NSE:VIPIND with a GF Score™ of 70/100 and a GF Value™ of ₹400.96 (Modestly Undervalued). The stock has 7 warning signs investors should review.

VIP Industries's ROE % for the quarter that ended in Mar. 2026 was -178.10%. VIP Industries's PB Ratio for the quarter that ended in Mar. 2026 was 14.83. VIP Industries's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -12.01%.


VIP Industries ROE % Adjusted to Book Value Related Terms


VIP Industries ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for VIP Industries'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.

VIP Industries ROE % Adjusted to Book Value Chart

VIP Industries 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 0.66 2.01 0.75 -1.65 -5.03

VIP Industries 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 -2.75 0.00 -9.69 0.00 -12.01

NSE:VIPIND vs NKE, DECK, ONON: ROE % Adjusted to Book Value Comparison

For the Footwear & Accessories subindustry, VIP Industries'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.


VIP Industries ROE % Adjusted to Book Value vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:VIPIND
70GF Score
VIP Industries Ltd NSE:VIPIND
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIP Industries ROE % Adjusted to Book Value Calculation

VIP Industries'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
=-74.64% / 14.83
=-5.03%

VIP Industries'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
=-178.10% / 14.83
=-12.01%

* 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 -12.01% mean?
VIP Industries (NSE:VIPIND) has a ROE % Adjusted to Book Value of -12.01% 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 VIP Industries and its competitors.
Is VIP Industries' ROE % Adjusted to Book Value too high?
VIP Industries' current ROE % Adjusted to Book Value is -12.01%. Overall, VIP Industries has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' ROE % Adjusted to Book Value compare to NKE and DECK?
VIP Industries' ROE % Adjusted to Book Value of -12.01% 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 VIP Industries and its competitors. VIP Industries's current ROE % Adjusted to Book Value is -12.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Industries stock overvalued right now?
Based on GuruFocus' analysis, VIP Industries (NSE:VIPIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹400.96, compared to a current price of ₹312.45 — trading 22.1% below its estimated fair value. The current ROE % Adjusted to Book Value is -12.01%. VIP Industries' overall GF Score™ is 70/100 with 7 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 VIP Industries (NSE:VIPIND), the current ROE % Adjusted to Book Value is -12.01% 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 VIP Industries (NSE:VIPIND) Overvalued in 2026?

Based on GuruFocus' analysis, VIP Industries stock appears to be undervalued. The current stock price of ₹312.45 is trading 22.1% below its estimated GF Value™ of ₹400.96. GuruFocus considers VIP Industries to be Modestly Undervalued.

Key valuation signals for NSE:VIPIND:

  • ROE % Adjusted to Book Value: -12.01%
  • GF Value™: ₹400.96 vs. price of ₹312.45 (22.1% below fair value)
  • GF Score™: 70/100 with 7 warning signs

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


VIP Industries Business Description

Other Exchanges 507880:India
Address 88-C, Old Prabhadevi Road, DGP House, 5th Floor, Mumbai, MH, IND, 400 025
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and others.
70GF Score

Get the complete analysis for NSE:VIPIND

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

₹312.45
Price
₹400.96
GF Value