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Newtime InfrastructureBOM:531959 45 PB Ratio is 2.96 as of Aug. 23, 2026, which is 11% below its 10-year median of 3.31. GuruFocus rates BOM:531959 with a GF Score™ of 45/100 and a GF Value™ of ₹3.43 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,713 Real Estate companies, Newtime Infrastructure ranks worse than 89.03% on this metric.
Newtime Infrastructure Ltd stock PB Ratio (=2.96) is close to 2-year low of 2.84.
The historical rank and industry rank for Newtime Infrastructure's PB Ratio or its related term are showing as below:
BOM:531959'
s PB Ratio Range Over the Past 10 Years
Min: 2.08 Med: 3.31 Max: 51.17
Current: 2.96
During the past 13 years, Newtime Infrastructure's highest PB Ratio was 51.17. The lowest was 2.08. And the median was 3.31.
BOM:531959's PB Ratio is ranked worse than 89.03% of 1713
companies
in the Real Estate industry
Industry Median: 0.81
vs BOM:531959: 2.96
During the past 12 months, Newtime Infrastructure's average Book Value Per Share Growth Rate was 94.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -23.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -28.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -15.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Newtime Infrastructure was 127.00% per year. The lowest was -43.00% per year. And the median was 6.60% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
BOM:531959 vs CBRE, BEKE, JLL: PB Ratio Comparison
For the Real Estate Services subindustry, Newtime Infrastructure's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Newtime Infrastructure PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Newtime Infrastructure's PB Ratio distribution charts can be found below:
* The bar in red indicates where Newtime Infrastructure's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Newtime Infrastructure (BOM:531959) has a PB Ratio of 2.96 as of Aug. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Newtime Infrastructure and its competitors. This is 11% below median its historical median of 3.31. Over the past decade, Newtime Infrastructure's PB Ratio has ranged from 2.08 to 51.17. According to the industry distribution chart, Newtime Infrastructure ranks #1525 out of 1713 companies in the Real Estate industry, placing it in the top 89%.
Is Newtime Infrastructure's PB Ratio too high?
Newtime Infrastructure's current PB Ratio of 2.96 is 11% below median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 51.17. The Real Estate industry median PB Ratio is 0.81. Newtime Infrastructure's value of 2.96 is 265.4% above this industry median. Based on the distribution chart, Newtime Infrastructure ranks #1525 out of 1713 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Newtime Infrastructure has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Newtime Infrastructure's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Newtime Infrastructure ranks #1525 out of 1713 companies for PB Ratio. This places Newtime Infrastructure in the lower half of its industry. The industry median PB Ratio is 0.81. Newtime Infrastructure's value of 2.96 is 265.4% above this benchmark. Historically, Newtime Infrastructure's own PB Ratio has ranged from 2.08 to 51.17 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 0.81, Newtime Infrastructure has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Newtime Infrastructure's current PB Ratio of 2.96 is 265.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Newtime Infrastructure and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newtime Infrastructure's current PB Ratio is 2.96, which is 11% below median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newtime Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Newtime Infrastructure (BOM:531959) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3.43, compared to a current price of ₹1.93 — trading 43.7% below its estimated fair value. The current PB Ratio is 2.96, which is 11% below median its 10-year median of 3.31 and 265.4% above the Real Estate industry median of 0.81. Newtime Infrastructure's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Newtime Infrastructure (BOM:531959), the current PB Ratio is 2.96 as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Newtime Infrastructure (BOM:531959) Overvalued in 2026?
Based on GuruFocus' analysis, Newtime Infrastructure stock appears to be undervalued.
The current stock price of ₹1.93 is trading 43.7% below its estimated GF Value™ of ₹3.43.
GuruFocus considers Newtime Infrastructure to be Possible Value Trap.
Key valuation signals for BOM:531959:
PB Ratio: 2.96 (11% below median its 10-year median of 3.31)
GF Value™: ₹3.43 vs. price of ₹1.93 (43.7% below fair value)
Industry Position: 265.4% above the Real Estate median (#1525 of 1713)
No single metric tells the full story. See the BOM:531959 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newtime Infrastructure Ltd is a real estate development company. The company's operations encompass various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing, and execution.
45GF Score
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