Mindspace Business Parks REIT P/B Ratio

MINDSPACE • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.46
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.46
Current Price ₹484.42
Book Value/Share ₹8.93
Exchange BSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹14,811 Cr
Share Capital ₹16,582 Cr
Reserves & Surplus ₹-2,528 Cr
Outstanding Shares 16,582,000,000
Book Value per Share ₹8.93

Valuation Signal

Signal Fairly Valued
Historical Avg 38.12
Historical Range 30.98 - 53.19
Percentile 0.0%

Sector Context

Sector Average -11.54
Sector Median 0.2
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Mindspace Business Parks REIT

  • Current PB is 96.2% below historical average
  • Trading at premium to sector average PB of -11.54

View the current stock price of Mindspace Business Parks REIT for more insights.

P/B Ratio Historical Trend for Mindspace Business Parks REIT

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
2025 53.19 ₹8.93 ₹475.07 ₹14,811 High
2024 39.6 ₹9.17 ₹363.02 ₹14,929 High
2023 33.7 ₹9.57 ₹322.35 ₹15,578 High
2022 33.12 ₹10.11 ₹334.99 ₹16,471 High
2021 30.98 ₹10.57 ₹327.44 ₹17,213 High

Sector P/B Ratio Comparison

Comparing Mindspace Business Parks REIT with other companies in Realty sector
Sector Average
-11.54
Sector Median
0.2
Lowest P/B
-329.41
Highest P/B
0.68
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Bhudevi Infra Projects BHUDEVI -329.41 ₹124 Low
Raja Bahadur Internation… RAJABAH -120.4 ₹111 Low
Sikozy Realtors SIKOZY -88.07 ₹4 Low
SSPDL SSPDL -13.54 ₹17 Low
Prime Urban Development PRIMEURB -8.62 ₹26 Low
Jamshri Realty JAMSHRI -7.53 ₹68 Low
Rajeswari Infrastructure RAJINFRA -3.58 ₹2 Low
Suvidha Infraestate Corp… SICL -3.41 ₹7 Low
Epsom Properties EPSOMPRO -2.66 ₹5 Low
Omaxe OMAXE -2.5 ₹1,378 Low