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Mindspace Business Parks REIT (BOM:543217) Price-to-Tangible-Book : 1.40 (As of Jun. 10, 2024)


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What is Mindspace Business Parks REIT Price-to-Tangible-Book?

As of today (2024-06-10), Mindspace Business Parks REIT's share price is ₹341.94. Mindspace Business Parks REIT's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹244.20. Hence, Mindspace Business Parks REIT's Price to Tangible Book Ratio of today is 1.40.

The historical rank and industry rank for Mindspace Business Parks REIT's Price-to-Tangible-Book or its related term are showing as below:

BOM:543217' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.07   Med: 1.32   Max: 1.44
Current: 1.43

During the past 7 years, Mindspace Business Parks REIT's highest Price to Tangible Book Ratio was 1.44. The lowest was 1.07. And the median was 1.32.

BOM:543217's Price-to-Tangible-Book is ranked worse than
85.77% of 843 companies
in the REITs industry
Industry Median: 0.82 vs BOM:543217: 1.43

A closely related ratio is called PB Ratio. As of today, Mindspace Business Parks REIT's share price is ₹341.94. Mindspace Business Parks REIT's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹244.20. Hence, Mindspace Business Parks REIT's P/B Ratio of today is 1.40.


Mindspace Business Parks REIT Price-to-Tangible-Book Historical Data

The historical data trend for Mindspace Business Parks REIT's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mindspace Business Parks REIT Price-to-Tangible-Book Chart

Mindspace Business Parks REIT Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial - 1.07 1.32 1.32 1.44

Mindspace Business Parks REIT Quarterly Data
Mar18 Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.32 1.25 1.28 1.44

Competitive Comparison of Mindspace Business Parks REIT's Price-to-Tangible-Book

For the REIT - Office subindustry, Mindspace Business Parks REIT's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mindspace Business Parks REIT's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mindspace Business Parks REIT's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mindspace Business Parks REIT's Price-to-Tangible-Book falls into.



Mindspace Business Parks REIT Price-to-Tangible-Book Calculation

Mindspace Business Parks REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=341.94/244.2
=1.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Mindspace Business Parks REIT Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Mindspace Business Parks REIT's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Mindspace Business Parks REIT (BOM:543217) Business Description

Traded in Other Exchanges
Address
Plot No. C-30, Raheja Tower, Level 8, Block G, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
Mindspace Business Parks REIT is a real estate investment company. It owns an office portfolio located in four key office markets such as Mumbai Region, Hyderabad, Pune and Chennai in India. The company's portfolio has five integrated business parks with superior infrastructure and amenities (such as restaurants, creches and outdoor sports arenas) and five quality independent offices.

Mindspace Business Parks REIT (BOM:543217) Headlines

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