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VIP IndustriesNSE:VIPIND +3.33%73 Shiller PE Ratio is 96.44 as of Jul. 16, 2026, which is 24% above its 10-year median of 77.91. GuruFocus rates NSE:VIPIND with a GF Score™ of 73/100 and a GF Value™ of ₹402.01 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 638 Manufacturing - Apparel & Accessories companies, VIP Industries ranks worse than 90.6% on this metric.
As of today (2026-07-16), VIP Industries's current share price is ₹303.80. VIP Industries's E10 for the quarter that ended in Mar. 2026 was ₹3.15. VIP Industries's Shiller PE Ratio for today is 96.44.
The historical rank and industry rank for VIP Industries's Shiller PE Ratio or its related term are showing as below:
NSE:VIPIND'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 43.16 Med: 77.91 Max: 106.92
Current: 96.39
During the past years, VIP Industries's highest Shiller PE Ratio was 106.92. The lowest was 43.16. And the median was 77.91.
NSE:VIPIND's Shiller PE Ratio is ranked worse than 90.6% of 638
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 16.335
vs NSE:VIPIND: 96.39
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
VIP Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was ₹-3.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹3.15 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
VIP Industries (NSE:VIPIND) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
VIP Industries Shiller PE Ratio Related Terms
VIP Industries Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for VIP Industries's Shiller PE Ratio 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.
NSE:VIPIND vs NKE, DECK, ONON: Shiller PE Ratio Comparison
For the Footwear & Accessories subindustry, VIP Industries's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where VIP Industries's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
VIP Industries's Shiller PE Ratio for today is calculated as
* 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's E10 for the quarter that ended in Mar. 2026 is calculated as:
For example, VIP Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
VIP Industries (NSE:VIPIND) has a Shiller PE Ratio of 96.44 as of Jul. 16, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on VIP Industries and its competitors. This is 24% above median its historical median of 77.91. Over the past decade, VIP Industries' Shiller PE Ratio has ranged from 43.16 to 106.92. According to the industry distribution chart, VIP Industries ranks #578 out of 638 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 90.6%.
Is VIP Industries' Shiller PE Ratio too high?
VIP Industries' current Shiller PE Ratio of 96.44 is 24% above median its 10-year median of 77.91. Over the past 10 years, this metric has ranged from a low of 43.16 to a high of 106.92. The Manufacturing - Apparel & Accessories industry median Shiller PE Ratio is 16.34. VIP Industries' value of 96.44 is 490.4% above this industry median. Based on the distribution chart, VIP Industries ranks #578 out of 638 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, VIP Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Shiller PE Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Industries ranks #578 out of 638 companies for Shiller PE Ratio. This places VIP Industries in the lower half of its industry. The industry median Shiller PE Ratio is 16.34. VIP Industries' value of 96.44 is 490.4% above this benchmark. Historically, VIP Industries' own Shiller PE Ratio has ranged from 43.16 to 106.92 over the past decade. While the company's 10-year median is 77.91 vs. the industry median of 16.34, VIP Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Manufacturing - Apparel & Accessories company?
The median Shiller PE Ratio among Manufacturing - Apparel & Accessories companies is 16.34, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VIP Industries's current Shiller PE Ratio of 96.44 is 490.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on VIP Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Shiller PE Ratio is 16.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Industries's current Shiller PE Ratio is 96.44, which is 24% above median its own 10-year median of 77.91. 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 ₹402.01, compared to a current price of ₹303.80 — trading 24.4% below its estimated fair value. The current Shiller PE Ratio is 96.44, which is 24% above median its 10-year median of 77.91 and 490.4% above the Manufacturing - Apparel & Accessories industry median of 16.34. VIP Industries' overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For VIP Industries (NSE:VIPIND), the current Shiller PE Ratio is 96.44 as of Jul. 16, 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 ₹303.80 is trading 24.4% below its estimated GF Value™ of ₹402.01.
GuruFocus considers VIP Industries to be Modestly Undervalued.
Key valuation signals for NSE:VIPIND:
Shiller PE Ratio: 96.44 (24% above median its 10-year median of 77.91)
GF Value™: ₹402.01 vs. price of ₹303.80 (24.4% below fair value)
Industry Position: 490.4% above the Manufacturing - Apparel & Accessories median (#578 of 638)
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 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.
73GF Score
Get the complete analysis for NSE:VIPIND
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