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Arvind SmartSpacesNSE:ARVSMART -1.49%91 PB Ratio is 4.24 as of Jul. 27, 2026, which is 108% above its 10-year median of 2.04. GuruFocus rates NSE:ARVSMART with a GF Score™ of 91/100 and a GF Value™ of ₹884.57 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,713 Real Estate companies, Arvind SmartSpaces ranks worse than 94.51% on this metric.
The historical rank and industry rank for Arvind SmartSpaces's PB Ratio or its related term are showing as below:
NSE:ARVSMART'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 2.04 Max: 8.64
Current: 4.26
During the past 12 years, Arvind SmartSpaces's highest PB Ratio was 8.64. The lowest was 0.77. And the median was 2.04.
NSE:ARVSMART's PB Ratio is ranked worse than 94.51% of 1713
companies
in the Real Estate industry
Industry Median: 0.81
vs NSE:ARVSMART: 4.26
During the past 12 months, Arvind SmartSpaces's average Book Value Per Share Growth Rate was 7.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.20% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Arvind SmartSpaces was 23.90% per year. The lowest was -1.80% per year. And the median was 8.30% per year.
Back to Basics: PB Ratio
Arvind SmartSpaces (NSE:ARVSMART) PB Ratio Explanation
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.
Arvind SmartSpaces PB Ratio Related Terms
Arvind SmartSpaces PB Ratio Historical Data
* Premium members only.
The historical data trend for Arvind SmartSpaces's PB Ratio 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.
For the Real Estate - Development subindustry, Arvind SmartSpaces'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.
Arvind SmartSpaces PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Arvind SmartSpaces's PB Ratio distribution charts can be found below:
* The bar in red indicates where Arvind SmartSpaces'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.
Arvind SmartSpaces (NSE:ARVSMART) has a PB Ratio of 4.24 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Arvind SmartSpaces and its competitors. This is 108% above median its historical median of 2.04. Over the past decade, Arvind SmartSpaces' PB Ratio has ranged from 0.77 to 8.64. According to the industry distribution chart, Arvind SmartSpaces ranks #1619 out of 1713 companies in the Real Estate industry, placing it in the top 94.5%.
Is Arvind SmartSpaces' PB Ratio too high?
Arvind SmartSpaces' current PB Ratio of 4.24 is 108% above median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 8.64. The Real Estate industry median PB Ratio is 0.81. Arvind SmartSpaces' value of 4.24 is 423.5% above this industry median. Based on the distribution chart, Arvind SmartSpaces ranks #1619 out of 1713 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Arvind SmartSpaces has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arvind SmartSpaces' PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Arvind SmartSpaces ranks #1619 out of 1713 companies for PB Ratio. This places Arvind SmartSpaces in the lower half of its industry. The industry median PB Ratio is 0.81. Arvind SmartSpaces' value of 4.24 is 423.5% above this benchmark. Historically, Arvind SmartSpaces' own PB Ratio has ranged from 0.77 to 8.64 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 0.81, Arvind SmartSpaces 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. Arvind SmartSpaces's current PB Ratio of 4.24 is 423.5% 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 Arvind SmartSpaces 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. Arvind SmartSpaces's current PB Ratio is 4.24, which is 108% above median its own 10-year median of 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arvind SmartSpaces stock overvalued right now?
Based on GuruFocus' analysis, Arvind SmartSpaces (NSE:ARVSMART) is currently considered Possible Value Trap. The stock's GF Value™ is ₹884.57, compared to a current price of ₹599.70 — trading 32.2% below its estimated fair value. The current PB Ratio is 4.24, which is 108% above median its 10-year median of 2.04 and 423.5% above the Real Estate industry median of 0.81. Arvind SmartSpaces' overall GF Score™ is 91/100 with 6 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 Arvind SmartSpaces (NSE:ARVSMART), the current PB Ratio is 4.24 as of Jul. 27, 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 Arvind SmartSpaces (NSE:ARVSMART) Overvalued in 2026?
Based on GuruFocus' analysis, Arvind SmartSpaces stock appears to be undervalued.
The current stock price of ₹599.70 is trading 32.2% below its estimated GF Value™ of ₹884.57.
GuruFocus considers Arvind SmartSpaces to be Possible Value Trap.
Key valuation signals for NSE:ARVSMART:
PB Ratio: 4.24 (108% above median its 10-year median of 2.04)
GF Value™: ₹884.57 vs. price of ₹599.70 (32.2% below fair value)
Industry Position: 423.5% above the Real Estate median (#1619 of 1713)
No single metric tells the full story. See the NSE:ARVSMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arvind SmartSpaces Ltd is a real estate development company. The company is engaged in developing residential, industrial, and commercial projects. Geographically, it operates only in India. The company's projects in Ahmedabad include Alcove, Parishkaar, Citadel, Megatrade, Aavishkaar, Megapark, and many more; the projects in Bengaluru include Expansia, Sporcia, Oasis, Skylands; the projects in Pune include Elan, and other projects.
91GF Score
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