VRG (WAR:VRG) ROE % Adjusted to Book Value: -0.05% (As of Mar. 2026)

VRG WAR:VRG +0.77% 92 ROE % Adjusted to Book Value is -0.05% as of Mar. 2026. GuruFocus rates WAR:VRG with a GF Score™ of 92/100 and a GF Value™ of zł4.27 (Modestly Overvalued). The stock has 6 warning signs investors should review.

VRG's ROE % for the quarter that ended in Mar. 2026 was -0.05%. VRG's PB Ratio for the quarter that ended in Mar. 2026 was 0.94. VRG's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -0.05%.

VRG ROE % Adjusted to Book Value Related Terms

VRG ROE % Adjusted to Book Value Historical Data

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The historical data trend for VRG'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.

VRG ROE % Adjusted to Book Value Chart

VRG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROE % Adjusted to Book Value

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7.82

12.23

13.11

12.04

9.39

VRG 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															2.83	13.20	4.40	19.18	-0.05

WAR:VRG vs RL, LEVI, VFC: ROE % Adjusted to Book Value Comparison

For the Apparel Manufacturing subindustry, VRG'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.

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

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

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

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92GF Score

VRG SA WAR:VRG

ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.

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VRG ROE % Adjusted to Book Value Calculation

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

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	8.83%	/	0.94
	=	9.39%

VRG'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
	=	-0.05%	/	0.94
	=	-0.05%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of -0.05% mean?

VRG (WAR:VRG) has a ROE % Adjusted to Book Value of -0.05% 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 VRG and its competitors.

Is VRG's ROE % Adjusted to Book Value too high?

VRG's current ROE % Adjusted to Book Value is -0.05%. Overall, VRG has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does VRG's ROE % Adjusted to Book Value compare to RL and LEVI?

VRG's ROE % Adjusted to Book Value of -0.05% 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 VRG and its competitors. VRG's current ROE % Adjusted to Book Value is -0.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is VRG stock overvalued right now?

Based on GuruFocus' analysis, VRG (WAR:VRG) is currently considered Modestly Overvalued. The stock's GF Value™ is zł4.27, compared to a current price of zł5.26 — trading 23.2% above its estimated fair value. The current ROE % Adjusted to Book Value is -0.05%. VRG's overall GF Score™ is 92/100 with 6 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 VRG (WAR:VRG), the current ROE % Adjusted to Book Value is -0.05% 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 VRG (WAR:VRG) Overvalued in 2026?

Based on GuruFocus' analysis, VRG stock appears to be overvalued. The current stock price of zł5.26 is trading 23.2% above its estimated GF Value™ of zł4.27. GuruFocus considers VRG to be Modestly Overvalued.

Key valuation signals for WAR:VRG:

ROE % Adjusted to Book Value: -0.05%
GF Value™: zł4.27 vs. price of zł5.26 (23.2% above fair value)
GF Score™: 92/100 with 6 warning signs

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

VRG Business Description

Industry Consumer Cyclical Manufacturing - Apparel & Accessories

Comparable Companies WAR:MON WAR:EAH WAR:HRT OSTO:HM B RL MIL:MONC WAR:LPP TSX:GIL LEVI VFC HKSE:03998 SHSE:600177 BOM:532827 PVH SHSE:600398 KTB ZGN COLM TPE:1476 XTER:BOSS

Other Exchanges 1NL:Germany

Address 10 Pilotow Street, Cracow, POL, 31-462

Website https://www.vrg.pl

VRG SA is a Poland-based holding that specializes in the design, manufacture, and distribution of men's clothing and accessories. The company's operating segment includes Apparel and Jewellery. It generates maximum revenue from the Apparel segment. Geographically, it derives a majority of revenue from Poland. The company's brands include Vistula, Vistula Red, Lantier, Vesari, Wolczanka, Lambert, and other brand names.

92GF 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.

zł5.26

Price

zł4.27

GF Value

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