Vitreous Glass (TSXV:VCI) Tax Rate %: 24.11% (As of Mar. 2026)

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TSXV:VCI Vitreous Glass Inc TSXV:VCI
80 GF Score
Price C$7.00
GF Value C$8.37
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Vitreous Glass Tax Rate %?

Vitreous Glass TSXV:VCI 80 Tax Rate % is 24.11% as of Mar. 2026. GuruFocus rates TSXV:VCI with a GF Score™ of 80/100 and a GF Value™ of C$8.37 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vitreous Glass's Tax Expense for the three months ended in Mar. 2026 was C$0.27 Mil. Vitreous Glass's Pre-Tax Income for the three months ended in Mar. 2026 was C$1.12 Mil. Therefore, Vitreous Glass's Tax Rate % for the quarter that ended in Mar. 2026 was 24.11%.

Vitreous Glass Tax Rate % Related Terms

Vitreous Glass Tax Rate % Historical Data

* Premium members only.

The historical data trend for Vitreous Glass's Tax Rate % 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.

Vitreous Glass Tax Rate % Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.69 23.76 23.05 23.78 22.10

Vitreous Glass Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 24.19 21.82 17.66 23.22 24.11
TSXV:VCI
80GF Score
Vitreous Glass Inc TSXV:VCI
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vitreous Glass Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Vitreous Glass's Tax Rate % for the fiscal year that ended in Sep. 2025 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2025 )/Pre-Tax Income (A: Sep. 2025 )
=0.892/4.036
=22.10 %

Vitreous Glass's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=0.27/1.12
=24.11 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 24.11% mean?
Vitreous Glass (TSXV:VCI) has a Tax Rate % of 24.11% as of Mar. 2026.
Is Vitreous Glass' Tax Rate % too high?
Vitreous Glass' current Tax Rate % is 24.11%. Overall, Vitreous Glass has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitreous Glass' Tax Rate % compare to WM and RSG?
Vitreous Glass' Tax Rate % of 24.11% can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Waste Management company?
A good Tax Rate % depends on the Waste Management industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Vitreous Glass's current Tax Rate % is 24.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitreous Glass stock overvalued right now?
Based on GuruFocus' analysis, Vitreous Glass (TSXV:VCI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$8.37, compared to a current price of C$7.00 — trading 16.4% below its estimated fair value. The current Tax Rate % is 24.11%. Vitreous Glass' overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Vitreous Glass (TSXV:VCI), the current Tax Rate % is 24.11% 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 Vitreous Glass (TSXV:VCI) Overvalued in 2026?

Based on GuruFocus' analysis, Vitreous Glass stock appears to be undervalued. The current stock price of C$7.00 is trading 16.4% below its estimated GF Value™ of C$8.37. GuruFocus considers Vitreous Glass to be Modestly Undervalued.

Key valuation signals for TSXV:VCI:

  • Tax Rate %: 24.11%
  • GF Value™: C$8.37 vs. price of C$7.00 (16.4% below fair value)
  • GF Score™: 80/100 with 2 warning signs

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

Vitreous Glass Business Description

Other Exchanges VCIGF:USA
Address 212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.
80GF Score

Get the complete analysis for TSXV:VCI

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$7.00
Price
C$8.37
GF Value