Valma \v(a)-lma, val-ma\ as a girl's name is a variant of Velma (English), Wilhelmina (Old German) and Wilma (Old German), and the meaning of Valma is "will helmet, protection".
The baby name Valma sounds like Vilma, Vellma, Vehlma and Wylma. Other similar baby names are Dalma, Halma, Palma, Salma, Talma, Vala, Valla, Valda, Valja and Valka.