Varun Beverages P/B Ratio

Current P/B Ratio
8.09
High Valuation
Very High - Significant premium, high growth expectations or speculative

Varun Beverages (VBL) P/B ratio is 8.09 (High), book value per share ₹292.03 vs Beverages average P/B of 3.69 — Very High - Significant premium, high growth expectations or speculative. Review VBL PE ratio trends to evaluate earnings-based valuation against sector peers.

Current Valuation Metrics

P/B Ratio 8.09
Current Price ₹457.20
Book Value/Share ₹292.03
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹19,741 Cr
Share Capital ₹676 Cr
Reserves & Surplus ₹18,902 Cr
Outstanding Shares 676,000,000
Book Value per Share ₹292.03

Valuation Signal

Signal Overvalued
Historical Avg 2.66
Historical Range 1.22 - 4.54
Percentile 100.0%

Sector Context

Sector Average 3.69
Sector Median 2.2
Sector Rank #11 of 23
Sector Percentile 47.8%

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

Varun Beverages price-to-book ratio interpretation, valuation status and historical context — current P/B 8.09 (High). View VBL yearly price range for the annual high/low range and current price position.

  • Stock appears overvalued with PB of 8.09, 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 203.7% above historical average
  • Trading at premium to sector average PB of 3.69

Varun Beverages P/B Ratio Historical Trend

VBL annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. For live price, earnings yield and the full fundamental profile, see Varun Beverages screener.

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

Varun Beverages 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 1.68 ₹292.03 ₹489.85 ₹19,741 Moderate
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

VBL vs Beverages Peers — P/B Ratio Comparison

Varun Beverages P/B 8.09 vs Beverages average 3.69, median 2.2 — range -10.33–16.56.

Sector Average
3.69
Sector Median
2.2
Lowest P/B
-10.33
Highest P/B
16.56
Companies
23
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Transglobe Foods TRANSFD -10.33 ₹7 Low
Tahmar Enterprises TAHMARENT 0.89 ₹67 Low
Comfort Intech COMFINTE 1.03 ₹178 Moderate
Ravi Kumar Distilleries RKDL 1.11 ₹46 Moderate
IFB Agro Industries IFBAGRO 1.31 ₹909 Moderate
Aurangabad Distillery AURDIS 1.41 ₹136 Moderate
Orient Beverages ORIBEVER 1.56 ₹39 Moderate
Winsome Breweries WINSOMBR 1.71 ₹58 Moderate
Som Distilleries & Brewe… SDBL 1.76 ₹1,270 Moderate
GM Breweries GMBREW 1.91 ₹2,066 Moderate