Varun Beverages P/B Ratio
Varun Beverages (VBL) P/B ratio is 8.73 (High), book value per share ₹292.03 vs Beverages average P/B of 5.01 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see Varun Beverages screener.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
VBL P/B Ratio — Valuation Insights & Book Value Analysis
Varun Beverages price-to-book ratio interpretation, valuation status and historical context — current P/B 8.73 (High). Compare with VBL DCF valuation to assess whether the stock is under or overvalued.
- Stock appears overvalued with PB of 8.73, 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 227.7% above historical average
- Trading at premium to sector average PB of 5.01
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. View VBL yearly price range for the annual high/low range and current price position.
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 8.73 vs Beverages average 5.01, median 2.34 — range -9.95–40.78.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Transglobe Foods | TRANSFD | -9.95 | ₹7 | Low |
| Ravi Kumar Distilleries | RKDL | 1.17 | ₹51 | Moderate |
| Associated Alcohols & Br… | ASALCBR | 1.28 | ₹1,580 | Moderate |
| IFB Agro Industries | IFBAGRO | 1.38 | ₹875 | Moderate |
| Aurangabad Distillery | AURDIS | 1.41 | ₹136 | Moderate |
| Comfort Intech | COMFINTE | 1.42 | ₹250 | Moderate |
| Tahmar Enterprises | TAHMARENT | 1.42 | ₹106 | Moderate |
| Winsome Breweries | WINSOMBR | 1.85 | ₹63 | Moderate |
| GM Breweries | GMBREW | 1.87 | ₹2,067 | Moderate |
| Orient Beverages | ORIBEVER | 1.95 | ₹45 | Moderate |