VREX (Varex Imaging) ROE % Adjusted to Book Value: -7.24% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

VREX Varex Imaging Corp VREX
69 GF Score
Price $10.72
GF Value $14.01
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Varex Imaging ROE % Adjusted to Book Value?

Varex Imaging VREX +0.85% 69 ROE % Adjusted to Book Value is -7.24% as of Mar. 2026. GuruFocus rates VREX with a GF Score™ of 69/100 and a GF Value™ of $14.01 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Varex Imaging's ROE % for the quarter that ended in Mar. 2026 was -6.81%. Varex Imaging's PB Ratio for the quarter that ended in Mar. 2026 was 0.94. Varex Imaging's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -7.24%.


Varex Imaging ROE % Adjusted to Book Value Related Terms


Varex Imaging ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Varex Imaging'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.

Varex Imaging ROE % Adjusted to Book Value Chart

Varex Imaging Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 3.75 6.43 -9.57 -12.88

Varex Imaging 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 5.75 -89.78 9.65 1.90 -7.24

VREX vs VMD, DCTH, OFIX: ROE % Adjusted to Book Value Comparison

For the Medical Devices subindustry, Varex Imaging'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.


Varex Imaging ROE % Adjusted to Book Value vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Varex Imaging's ROE % Adjusted to Book Value distribution charts can be found below:

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


VREX
69GF Score
Varex Imaging Corp VREX
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Varex Imaging ROE % Adjusted to Book Value Calculation

Varex Imaging's ROE % Adjusted to Book Value for the fiscal year that ended in Sep. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-14.04% / 1.09
=-12.88%

Varex Imaging'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
=-6.81% / 0.94
=-7.24%

* 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 -7.24% mean?
Varex Imaging (VREX) has a ROE % Adjusted to Book Value of -7.24% 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 Varex Imaging and its competitors.
Is Varex Imaging's ROE % Adjusted to Book Value too high?
Varex Imaging's current ROE % Adjusted to Book Value is -7.24%. Overall, Varex Imaging has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Varex Imaging's ROE % Adjusted to Book Value compare to VMD and DCTH?
Varex Imaging's ROE % Adjusted to Book Value of -7.24% can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good ROE % Adjusted to Book Value depends on the Medical Devices & Instruments 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 Varex Imaging and its competitors. Varex Imaging's current ROE % Adjusted to Book Value is -7.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varex Imaging stock overvalued right now?
Based on GuruFocus' analysis, Varex Imaging (VREX) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.01, compared to a current price of $10.72 — trading 23.5% below its estimated fair value. The current ROE % Adjusted to Book Value is -7.24%. Varex Imaging's overall GF Score™ is 69/100 with 3 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 Varex Imaging (VREX), the current ROE % Adjusted to Book Value is -7.24% 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 Varex Imaging (VREX) Overvalued in 2026?

Based on GuruFocus' analysis, Varex Imaging stock appears to be undervalued. The current stock price of $10.72 is trading 23.5% below its estimated GF Value™ of $14.01. GuruFocus considers Varex Imaging to be Modestly Undervalued.

Key valuation signals for VREX:

  • ROE % Adjusted to Book Value: -7.24%
  • GF Value™: $14.01 vs. price of $10.72 (23.5% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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


Varex Imaging Business Description

Address 1678 S. Pioneer Road, Salt Lake City, UT, USA, 84104
Varex Imaging Corp Designs, manufactures, sells, and services X-ray imaging components, including X-ray tubes, detectors, ionization chambers, high-voltage connectors, software, collimators, generators, exposure control devices, and heat exchangers.. The company operates through two segments: Medical, the key revenue driver, providing X-ray imaging components and accessories for healthcare applications, and Industrial, which provides Linatron X-ray accelerators, X-ray tubes, flat panel detectors, high-voltage connectors, and coolers for non-medical use. Geographically, it generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA), with the rest coming from the Americas and Asia Pacific.
69GF Score

Get the complete analysis for VREX

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

$10.72
Price
$14.01
GF Value