Ashiana Housing (NSE:ASHIANA) PB Ratio: 4.62 (As of Jul. 22, 2026) — 103% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ASHIANA Ashiana Housing Ltd NSE:ASHIANA
78 GF Score
Price ₹395.30
GF Value ₹547.39
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ashiana Housing PB Ratio?

Ashiana Housing NSE:ASHIANA +5.81% 78 PB Ratio is 4.62 as of Jul. 22, 2026, which is 103% above its 10-year median of 2.28. GuruFocus rates NSE:ASHIANA with a GF Score™ of 78/100 and a GF Value™ of ₹547.39 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,713 Real Estate companies, Ashiana Housing ranks worse than 94.75% on this metric.

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. As of today (2026-07-22), Ashiana Housing's share price is ₹395.30. Ashiana Housing's Book Value per Share for the quarter that ended in Mar. 2026 was ₹85.50. Hence, Ashiana Housing's PB Ratio of today is 4.62.

Warning Sign:

Ashiana Housing Ltd stock PB Ratio (=4.39) is close to 1-year high of 4.54.

The historical rank and industry rank for Ashiana Housing's PB Ratio or its related term are showing as below:

NSE:ASHIANA' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 2.28   Max: 5.75
Current: 4.63

During the past 13 years, Ashiana Housing's highest PB Ratio was 5.75. The lowest was 0.55. And the median was 2.28.

NSE:ASHIANA's PB Ratio is ranked worse than
94.75% of 1713 companies
in the Real Estate industry
Industry Median: 0.82 vs NSE:ASHIANA: 4.63

During the past 12 months, Ashiana Housing's average Book Value Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ashiana Housing was 58.90% per year. The lowest was -2.00% per year. And the median was 6.30% per year.

Back to Basics: PB Ratio


Ashiana Housing  (NSE:ASHIANA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Ashiana Housing PB Ratio Related Terms


Ashiana Housing PB Ratio Historical Data

* Premium members only.

The historical data trend for Ashiana Housing'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.

Ashiana Housing PB Ratio Chart

Ashiana Housing Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 2.28 3.58 3.86 3.27

Ashiana Housing Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 Premium Member Only Premium Member Only 3.86 4.47 3.81 3.42 3.27

Ashiana Housing PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Ashiana Housing'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.


Ashiana Housing PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ashiana Housing's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ashiana Housing's PB Ratio falls into.


NSE:ASHIANA
78GF Score
Ashiana Housing Ltd NSE:ASHIANA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashiana Housing PB Ratio Calculation

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.

Ashiana Housing's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=395.30/85.498
=4.62

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 4.62 mean?
Ashiana Housing (NSE:ASHIANA) has a PB Ratio of 4.62 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ashiana Housing and its competitors. This is 103% above median its historical median of 2.28. Over the past decade, Ashiana Housing's PB Ratio has ranged from 0.55 to 5.75. According to the industry distribution chart, Ashiana Housing ranks #1623 out of 1713 companies in the Real Estate industry, placing it in the top 94.7%.
Is Ashiana Housing's PB Ratio too high?
Ashiana Housing's current PB Ratio of 4.62 is 103% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 5.75. The Real Estate industry median PB Ratio is 0.82. Ashiana Housing's value of 4.62 is 463.4% above this industry median. Based on the distribution chart, Ashiana Housing ranks #1623 out of 1713 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Ashiana Housing has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashiana Housing's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Ashiana Housing ranks #1623 out of 1713 companies for PB Ratio. This places Ashiana Housing in the lower half of its industry. The industry median PB Ratio is 0.82. Ashiana Housing's value of 4.62 is 463.4% above this benchmark. Historically, Ashiana Housing's own PB Ratio has ranged from 0.55 to 5.75 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 0.82, Ashiana Housing 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 0.82, 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. Ashiana Housing's current PB Ratio of 4.62 is 463.4% 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 Ashiana Housing and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashiana Housing's current PB Ratio is 4.62, which is 103% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashiana Housing stock overvalued right now?
Based on GuruFocus' analysis, Ashiana Housing (NSE:ASHIANA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹547.39, compared to a current price of ₹395.30 — trading 27.8% below its estimated fair value. The current PB Ratio is 4.62, which is 103% above median its 10-year median of 2.28 and 463.4% above the Real Estate industry median of 0.82. Ashiana Housing's overall GF Score™ is 78/100 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 Ashiana Housing (NSE:ASHIANA), the current PB Ratio is 4.62 as of Jul. 22, 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 Ashiana Housing (NSE:ASHIANA) Overvalued in 2026?

Based on GuruFocus' analysis, Ashiana Housing stock appears to be undervalued. The current stock price of ₹395.30 is trading 27.8% below its estimated GF Value™ of ₹547.39. GuruFocus considers Ashiana Housing to be Modestly Undervalued.

Key valuation signals for NSE:ASHIANA:

  • PB Ratio: 4.62 (103% above median its 10-year median of 2.28)
  • GF Value™: ₹547.39 vs. price of ₹395.30 (27.8% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 463.4% above the Real Estate median (#1623 of 1713)

No single metric tells the full story. See the NSE:ASHIANA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashiana Housing Business Description

Other Exchanges 523716:India
Address Unit 304, Southern Park, Saket District Centre, Saket, New Delhi, IND, 110 017
Ashiana Housing Ltd is a real estate developer focused on senior living homes, residential properties, and integrated housing solutions across India. The company's projects span multiple locations including Bhiwadi, Chennai, Jaipur, Pune, Lavasa, and recently, it is expanding into Mumbai and Bangalore. Its revenue generation majorly comes from the sale of senior living units and residential properties. The company plans prominent investment in senior living developments, emphasizing long-term community engagement and support.
78GF Score

Get the complete analysis for NSE:ASHIANA

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹395.30
Price
₹547.39
GF Value