Varun Beverages P/B Ratio

VBL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
9.0
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 9.0
Current Price ₹509.70
Book Value/Share ₹247.63
Exchange NSE

Book Value Breakdown (2024)

Balance Sheet Components
Total Equity ₹16,740 Cr
Share Capital ₹676 Cr
Reserves & Surplus ₹15,934 Cr
Outstanding Shares 676,000,000
Book Value per Share ₹247.63

Valuation Signal

Signal Overvalued
Historical Avg 2.46
Historical Range 0.66 - 4.54
Percentile 100.0%

Sector Context

Sector Average 5.84
Sector Median 3.22
Sector Rank #11 of 23
Sector Percentile 47.8%

Key P/B Ratio Insights for Varun Beverages

  • Stock appears overvalued with PB of 9.0, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Current PB is 265.9% above historical average
  • Trading at premium to sector average PB of 5.84

View the current stock price of Varun Beverages for more insights.

P/B Ratio Historical Trend for Varun Beverages

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2024 2.58 ₹247.63 ₹638.50 ₹16,740 Moderate
2023 4.54 ₹109.0 ₹494.75 ₹7,085 High
2022 3.3 ₹80.25 ₹264.50 ₹5,216 High
2021 1.22 ₹96.93 ₹118.45 ₹4,197 Moderate
2020 0.66 ₹124.19 ₹81.45 ₹3,589 Low

Sector P/B Ratio Comparison

Comparing Varun Beverages with other companies in Beverages sector
Sector Average
5.84
Sector Median
3.22
Lowest P/B
-7.98
Highest P/B
42.11
Companies
23
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Transglobe Foods TRANSFD -7.98 ₹6 Low
Comfort Intech COMFINTE 1.08 ₹209 Moderate
Ravi Kumar Distilleries RKDL 1.34 ₹55 Moderate
Aurangabad Distillery AURDIS 1.41 ₹136 Moderate
Orient Beverages ORIBEVER 1.68 ₹42 Moderate
Winsome Breweries WINSOMBR 2.27 ₹77 Moderate
IFB Agro Industries IFBAGRO 2.34 ₹1,642 Moderate
Som Distilleries & Brewe… SDBL 2.53 ₹2,132 Moderate
GM Breweries GMBREW 2.82 ₹2,702 Moderate
Tahmar Enterprises TAHMARENT 2.91 ₹237 Moderate