Varun Beverages Limited
VBL
Rank in Stocks
#1419
Varun Beverages Limited (VBL) and its subsidiaries serve as a prominent... Varun Beverages Limited (VBL) and its subsidiaries serve as a prominent franchisee for PepsiCo, overseeing the manufacturing, bottling, distribution, and sales of both carbonated and non-carbonated beverages under PepsiCo's diverse brand portfolio. The company's extensive range of sparkling drinks features well-known names such as Pepsi, Diet Pepsi, Seven-Up, Mirinda (Orange and Lemon), Mountain Dew, Seven-Up Nimbooz Masala Soda, Evervess Soda, Duke's Soda, Sting, Pepsi Black, Mountain Dew Ice, Slice Fizzy, and Teem. Additionally, VBL produces and distributes still beverages, including Tropicana Slice, Tropicana Juices, Seven-Up Nimbooz, Gatorade, and Quaker Oats Milk, alongside packaged water brands like Aquafina and Aquavess. In Sri Lanka, the company also holds the franchise for PepsiCo's Ole brand. VBL's products are delivered to retail outlets directly and through an extensive distributor network across India, Nepal, Sri Lanka, Morocco, Zambia, and Zimbabwe. Established in 1995, Varun Beverages Limited is based in Gurugram, India, and operates as a subsidiary of RJ Corp Limited.
Share Price
$4.62
Last synced: 2026-10-19
Market Cap
$15.64B
Change (1 day)
-2.75%
Change (1 year)
-10.99%
Country
IN
Trade Varun Beverages Limited (VBL)
Category
Consumer Defensive
P/B ratio for Varun Beverages Limited (VBL)
P/B ratio as of October 2026 TTM: 6.70
According to Varun Beverages Limited latest financial reports and stock price the company's current price-to-book ratio (TTM) is 6.70. At the end of 2024 the company had a P/B ratio of 12.56.
P/B ratio history for Varun Beverages Limited from 2012 to 2026
P/B ratio at the end of each year
| Year | P/B Ratio | Change |
|---|---|---|
| 2026 (TTM) | 6.70 | -20.76% |
| 2025 | 8.46 | -32.64% |
| 2024 | 12.56 | -46.02% |
| 2023 | 23.27 | 38.18% |
| 2022 | 16.84 | 78.62% |
| 2021 | 9.43 | 25.63% |
| 2020 | 7.50 | 26.51% |
| 2019 | 5.93 | -17.24% |
| 2018 | 7.17 | 6.00% |
| 2017 | 6.76 | 99.28% |
| 2016 | 3.39 | -111.88% |
| 2015 | -28.56 | -259.75% |
| 2014 | 17.87 | -34.30% |
| 2013 | 27.21 | -20.31% |
| 2012 | 34.14 | 0.00% |
P/B ratio for similar companies or competitors
| Company | P/B Ratio | P/B Ratio Difference | Country |
|---|---|---|---|
| 10.9222 | 62.93% |
US
|
|
| 7.9098 | 17.99% |
US
|
|
| 9.243 | 37.88% |
US
|
|
| 10.5668 | 57.62% |
CN
|
|
| 1.8002 | -73.15% |
US
|
