Vardhman Special Steels P/B Ratio

Current P/B Ratio
2.88
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model

Vardhman Special Steels (VSSL) P/B ratio is 2.88 (Moderate), book value per share ₹97.32 vs Industrial Products average P/B of -1.73 — High - Premium to book value, growth expectations or asset-light model. Review VSSL P/E ratio to evaluate earnings-based valuation against sector peers.

Current Valuation Metrics

P/B Ratio 2.88
Current Price ₹359.20
Book Value/Share ₹97.32
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹798 Cr
Share Capital ₹82 Cr
Reserves & Surplus ₹716 Cr
Outstanding Shares 82,000,000
Book Value per Share ₹97.32

Valuation Signal

Signal Overvalued
Historical Avg 2.75
Historical Range 2.58 - 2.92
Percentile 50.0%

Sector Context

Sector Average -1.73
Sector Median -0.39
Sector Rank #11 of 50
Sector Percentile 22.0%

VSSL P/B Ratio — Valuation Insights & Book Value Analysis

Vardhman Special Steels price-to-book ratio interpretation, valuation status and historical context — current P/B 2.88 (Moderate). For live price, earnings yield and the full fundamental profile, see Vardhman Special Steels share price chart.

  • Trading at premium to sector average PB of -1.73

Vardhman Special Steels P/B Ratio Historical Trend

VSSL annual price-to-book ratio — 2 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. View VSSL 52-week performance for the annual high/low range and current price position.

VSSL Historical P/B Ratio — Book Value Per Share & Year-End Price

Vardhman Special Steels annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 2.92 ₹97.32 ₹284.35 ₹798 Moderate
2024 2.58 ₹87.68 ₹226.10 ₹719 Moderate

VSSL vs Industrial Products Peers — P/B Ratio Comparison

Vardhman Special Steels P/B 2.88 vs Industrial Products average -1.73, median -0.39 — range -11.11–0.32.

Sector Average
-1.73
Sector Median
-0.39
Lowest P/B
-11.11
Highest P/B
0.32
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Cochin Malabar Estates COCHMAL -11.11 ₹24 Low
Mahalaxmi Seamless MAHALXSE -10.98 ₹6 Low
Electrotherm ELECTHERM -8.32 ₹1,255 Low
TPINDIA TPINDIA -6.41 ₹75 Low
Aditya Ispat ADITYA -6.15 ₹5 Low
Rollatainers ROLLT -4.71 ₹76 Low
Nova Iron & Steel NOVIS -4.34 ₹43 Low
Mahip Industries MAHIP -4.26 ₹35 Low
Heera Ispat HEERAISP -4.04 ₹4 Low
Mukat Pipes MUKATPIP -2.91 ₹20 Low