VST Industries (NSE:VSTIND) ROE % Adjusted to Book Value: 13.74% (As of Mar. 2026)


NSE:VSTIND VST Industries Ltd NSE:VSTIND
83 GF Score
Price ₹261.10
GF Value ₹347.33
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is VST Industries ROE % Adjusted to Book Value?

VST Industries NSE:VSTIND +0.15% 83 ROE % Adjusted to Book Value is 13.74% as of Mar. 2026. GuruFocus rates NSE:VSTIND with a GF Score™ of 83/100 and a GF Value™ of ₹347.33 (Modestly Undervalued). The stock has 4 warning signs investors should review.

VST Industries's ROE % for the quarter that ended in Mar. 2026 was 32.29%. VST Industries's PB Ratio for the quarter that ended in Mar. 2026 was 2.35. VST Industries's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 13.74%.


VST Industries ROE % Adjusted to Book Value Related Terms


VST Industries ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for VST 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.

VST Industries ROE % Adjusted to Book Value Chart

VST 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 7.23 7.08 5.65 6.69 8.98

VST 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 4.76 0.00 5.41 0.00 13.74

NSE:VSTIND vs PM, MO, TPB: ROE % Adjusted to Book Value Comparison

For the Tobacco subindustry, VST 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.


VST Industries ROE % Adjusted to Book Value vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, VST Industries's ROE % Adjusted to Book Value distribution charts can be found below:

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


NSE:VSTIND
83GF Score
VST Industries Ltd NSE:VSTIND
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VST Industries ROE % Adjusted to Book Value Calculation

VST 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
=21.11% / 2.35
=8.98%

VST 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
=32.29% / 2.35
=13.74%

* 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 13.74% mean?
VST Industries (NSE:VSTIND) has a ROE % Adjusted to Book Value of 13.74% 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 VST Industries and its competitors.
Is VST Industries' ROE % Adjusted to Book Value too high?
VST Industries' current ROE % Adjusted to Book Value is 13.74%. Overall, VST Industries has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VST Industries' ROE % Adjusted to Book Value compare to PM and MO?
VST Industries' ROE % Adjusted to Book Value of 13.74% can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good ROE % Adjusted to Book Value depends on the Tobacco Products 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 VST Industries and its competitors. VST Industries's current ROE % Adjusted to Book Value is 13.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VST Industries stock overvalued right now?
Based on GuruFocus' analysis, VST Industries (NSE:VSTIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹347.33, compared to a current price of ₹261.10 — trading 24.8% below its estimated fair value. The current ROE % Adjusted to Book Value is 13.74%. VST Industries' overall GF Score™ is 83/100 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 VST Industries (NSE:VSTIND), the current ROE % Adjusted to Book Value is 13.74% 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 VST Industries (NSE:VSTIND) Overvalued in 2026?

Based on GuruFocus' analysis, VST Industries stock appears to be undervalued. The current stock price of ₹261.10 is trading 24.8% below its estimated GF Value™ of ₹347.33. GuruFocus considers VST Industries to be Modestly Undervalued.

Key valuation signals for NSE:VSTIND:

  • ROE % Adjusted to Book Value: 13.74%
  • GF Value™: ₹347.33 vs. price of ₹261.10 (24.8% below fair value)
  • GF Score™: 83/100 with 4 warning signs

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


VST Industries Business Description

Other Exchanges 509966:India
Address 1-7-1063/1065, P.O. Box No. 1804, Azamabad, Hyderabad, TG, IND, 500 020
VST Industries Ltd manufactures and distributes cigarettes and unmanufactured tobacco under the brand names Charms, Charminar, Gold, Moments, and Zaffran. The company operates its business out of India. In terms of revenue from operations, a majority comes from the sale of cigarettes and the remainder generally comes from the sale of unmanufactured tobacco. It has a single operating segment which is. Tobacco and related products. Geographical segments consist of sales within India and sales outside of India with a majority derived from India.
83GF Score

Get the complete analysis for NSE:VSTIND

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

₹261.10
Price
₹347.33
GF Value