Mindspace Business Parks REIT P/B Ratio
Mindspace Business Parks REIT (MINDSPACE) P/B ratio is 1.36 (Moderate), book value per share ₹8.93 vs Realty average P/B of -2.62 — Moderate - Reasonably valued relative to book value. Review MINDSPACE price earnings ratio to evaluate earnings-based valuation against sector peers.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
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). View MINDSPACE 52-week chart for the annual high/low range and current price position.
- Current PB is 96.4% below historical average
- Trading at premium to sector average PB of -2.62
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. For live price, earnings yield and the full fundamental profile, see Mindspace Business Parks REIT screener.
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 -2.62, median 0.2 — range -83.6–0.56.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mac Charles | MCCHRLS-B | -83.6 | ₹890 | Low |
| Sikozy Realtors | SIKOZY | -25.89 | ₹8 | Low |
| Prime Urban Development | PRIMEURB | -6.15 | ₹21 | Low |
| Suvidha Infraestate Corp… | SICL | -6.09 | ₹12 | Low |
| Jamshri Realty | JAMSHRI | -5.89 | ₹53 | Low |
| Epsom Properties | EPSOMPRO | -3.06 | ₹6 | Low |
| Adhbhut Infrastructure | ADHBHUTIN | -2.45 | ₹19 | Low |
| Rajeswari Infrastructure | RAJINFRA | -2.43 | ₹2 | Low |
| Emami Realty | EMAMIREAL | -2.01 | ₹390 | Low |
| Omaxe | OMAXE | -2.01 | ₹1,844 | Low |