GODREJ PROPERTIES
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The Current P/B Ratio of GODREJ PROPERTIES is 8.02.
Share Price | ₹2,879.0 | Sep 12,2024 |
Market Cap | ₹80,065.0 Cr | |
Book Value | ₹9,984.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 8.02x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of GODREJ PROPERTIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹80,065.0 Cr] as on Sep 12,2024
(/) Book Value [ ₹9,984.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 8.02x ]
Thus, for GODREJ PROPERTIES , the investors are currently willing to pay '8.02 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of GODREJ PROPERTIES !
The chart below summarizes the trend in P/B Ratio of GODREJ PROPERTIES over the last five years.
Historical PB (Price/Book ) ratio chart of GODREJ PROPERTIES
PB Ratio Performance Analysis for GODREJ PROPERTIES
- GODREJ PROPERTIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.55x.
- GODREJ PROPERTIES 's operated at median p/b ratio of 4.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GODREJ PROPERTIES 's p/b ratio peaked in Mar2024 at 6.4x.
- GODREJ PROPERTIES 's p/b ratio hit its five-year low in Mar2023 of 3.1x.
How does GODREJ PROPERTIES 's P/B Ratio benchmark against top 10 peers in Construction - Real Estate Industry?
Peer Comparison (Construction - Real Estate Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GODREJ PROPERTIES | 9,984.51 | 8.02 | 80,065.0 |
DLF LTD | 39,430.80 | 5.25 | 206,862.0 |
MACROTECH DEVELOPERS LTD | 17,324.50 | 6.88 | 119,137.0 |
OBEROI REALTY LTD | 13,844.40 | 4.64 | 64,219.4 |
THE PHOENIX MILLS LTD | 9,429.19 | 6.37 | 60,098.5 |
PRESTIGE ESTATES PROJECTS LTD | 11,288.80 | 7.19 | 81,175.4 |
BRIGADE ENTERPRISES LTD | 3,636.31 | 8.87 | 32,249.8 |
NBCC (INDIA) LTD | 2,225.62 | 14.58 | 32,454.0 |
SIGNATUREGLOBAL (INDIA) LTD | 626.65 | 33.19 | 20,797.7 |
SOBHA LTD | 2,514.07 | 7.42 | 18,642.6 |
VALOR ESTATE LTD | 5,008.52 | 2.07 | 10,349.3 |
Construction - Real Estate Industry Benchmark (Top 10) PB Analysis vs GODREJ PROPERTIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.07x |
Max industry PB | 33.19x |
Median industry PB | 7.19x |
Average industry PB | 9.50x |
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