Mindspace Business Parks REIT P/B Ratio

Current P/B Ratio
1.36
Moderate Valuation
Moderate - Reasonably valued relative to book value

Mindspace Business Parks REIT (MINDSPACE) P/B ratio is 1.36 (Moderate), book value per share ₹8.93 vs Realty average P/B of -11.79 — Moderate - Reasonably valued relative to book value. For live price, earnings yield and the full fundamental profile, see Mindspace Business Parks REIT screener.

Current Valuation Metrics

P/B Ratio 1.36
Current Price ₹466.61
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 -11.79
Sector Median 0.14
Sector Rank #11 of 50
Sector Percentile 22.0%

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

Mindspace Business Parks REIT price-to-book ratio interpretation, valuation status and historical context — current P/B 1.36 (Moderate). Compare with MINDSPACE fundamental valuation to assess whether the stock is under or overvalued.

  • Current PB is 96.4% below historical average
  • Trading at premium to sector average PB of -11.79

Mindspace Business Parks REIT P/B Ratio Historical Trend

MINDSPACE 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 MINDSPACE 52-week chart for the annual high/low range and current price position.

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

Mindspace Business Parks REIT 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 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

MINDSPACE vs Realty Peers — P/B Ratio Comparison

Mindspace Business Parks REIT P/B 1.36 vs Realty average -11.79, median 0.14 — range -296.47–0.61.

Sector Average
-11.79
Sector Median
0.14
Lowest P/B
-296.47
Highest P/B
0.61
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Bhudevi Infra Projects BHUDEVI -296.47 ₹115 Low
Raja Bahadur Internation… RAJABAH -122.73 ₹125 Low
Sikozy Realtors SIKOZY -120.17 ₹6 Low
SSPDL SSPDL -17.36 ₹19 Low
Prime Urban Development PRIMEURB -8.91 ₹25 Low
Jamshri Realty JAMSHRI -6.27 ₹55 Low
Emami Realty EMAMIREAL -6.06 ₹414 Low
Suvidha Infraestate Corp… SICL -5.79 ₹11 Low
Epsom Properties EPSOMPRO -4.13 ₹7 Low
Rajeswari Infrastructure RAJINFRA -3.21 ₹2 Low