ACNDF (CapitaLand India Trust) PB Ratio: 0.74 (As of Jun. 25, 2026) — 37% Below Median


ACNDF CapitaLand India Trust ACNDF
65 GF Score
Price $0.83
GF Value $0.96
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CapitaLand India Trust PB Ratio?

CapitaLand India Trust ACNDF +5.38% 65 PB Ratio is 0.74 as of Jun. 25, 2026, which is 37% below its 10-year median of 1.18. GuruFocus rates ACNDF with a GF Score™ of 65/100 and a GF Value™ of $0.96 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,711 Real Estate companies, CapitaLand India Trust ranks better than 55.11% 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 (2026-06-25), CapitaLand India Trust's share price is $0.83331. CapitaLand India Trust's Book Value per Share for the quarter that ended in Dec. 2025 was $1.13. Hence, CapitaLand India Trust's PB Ratio of today is 0.74.

Good Sign:

CapitaLand India Trust stock PB Ratio (=0.72) is close to 10-year low of 0.66.

The historical rank and industry rank for CapitaLand India Trust's PB Ratio or its related term are showing as below:

ACNDF' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.18   Max: 1.75
Current: 0.72

During the past 13 years, CapitaLand India Trust's highest PB Ratio was 1.75. The lowest was 0.66. And the median was 1.18.

ACNDF's PB Ratio is ranked better than
55.11% of 1711 companies
in the Real Estate industry
Industry Median: 0.82 vs ACNDF: 0.72

During the past 12 months, CapitaLand India Trust's average Book Value Per Share Growth Rate was 5.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CapitaLand India Trust was 14.40% per year. The lowest was -9.60% per year. And the median was 4.40% per year.

Back to Basics: PB Ratio


CapitaLand India Trust  (OTCPK:ACNDF) 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.


CapitaLand India Trust PB Ratio Related Terms


CapitaLand India Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for CapitaLand India Trust'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.

CapitaLand India Trust PB Ratio Chart

CapitaLand India Trust Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.99 0.95 0.75 0.86

CapitaLand India Trust Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.95 0.86 0.75 0.80 0.86

ACNDF vs CBRE, BEKE: PB Ratio Comparison

For the Real Estate Services subindustry, CapitaLand India Trust'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.


CapitaLand India Trust PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, CapitaLand India Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where CapitaLand India Trust's PB Ratio falls into.


ACNDF
65GF Score
CapitaLand India Trust ACNDF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CapitaLand India Trust 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.

CapitaLand India Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.83331/1.127
=0.74

* 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 0.74 mean?
CapitaLand India Trust (ACNDF) has a PB Ratio of 0.74 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CapitaLand India Trust and its competitors. This is 37% below median its historical median of 1.18. Over the past decade, CapitaLand India Trust's PB Ratio has ranged from 0.66 to 1.75. According to the industry distribution chart, CapitaLand India Trust ranks #768 out of 1711 companies in the Real Estate industry, placing it in the top 44.9%.
Is CapitaLand India Trust's PB Ratio too high?
CapitaLand India Trust's current PB Ratio of 0.74 is 37% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.75. The Real Estate industry median PB Ratio is 0.82. CapitaLand India Trust's value of 0.74 is 9.8% below this industry median. Based on the distribution chart, CapitaLand India Trust ranks #768 out of 1711 companies in the Real Estate industry, which is above the industry midpoint. Overall, CapitaLand India Trust has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CapitaLand India Trust's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, CapitaLand India Trust ranks #768 out of 1711 companies for PB Ratio. This puts CapitaLand India Trust in the upper half of its industry. The industry median PB Ratio is 0.82. CapitaLand India Trust's value of 0.74 is 9.8% below this benchmark. Historically, CapitaLand India Trust's own PB Ratio has ranged from 0.66 to 1.75 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 0.82, CapitaLand India Trust has consistently been below 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 1,711 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. CapitaLand India Trust's current PB Ratio of 0.74 is 9.8% below 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 CapitaLand India Trust 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. CapitaLand India Trust's current PB Ratio is 0.74, which is 37% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CapitaLand India Trust stock overvalued right now?
Based on GuruFocus' analysis, CapitaLand India Trust (ACNDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.96, compared to a current price of $0.83 — trading 13.2% below its estimated fair value. The current PB Ratio is 0.74, which is 37% below median its 10-year median of 1.18 and 9.8% below the Real Estate industry median of 0.82. CapitaLand India Trust's overall GF Score™ is 65/100 with 8 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 CapitaLand India Trust (ACNDF), the current PB Ratio is 0.74 as of Jun. 25, 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 CapitaLand India Trust (ACNDF) Overvalued in 2026?

Based on GuruFocus' analysis, CapitaLand India Trust stock appears to be undervalued. The current stock price of $0.83 is trading 13.2% below its estimated GF Value™ of $0.96. GuruFocus considers CapitaLand India Trust to be Modestly Undervalued.

Key valuation signals for ACNDF:

  • PB Ratio: 0.74 (37% below median its 10-year median of 1.18)
  • GF Value™: $0.96 vs. price of $0.83 (13.2% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 9.8% below the Real Estate median (#768 of 1711)

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


CapitaLand India Trust Business Description

Other Exchanges CY6U:Singapore
Address 168 Robinson Road, No. 30-01, Capital Tower, Singapore, SGP, 068912
CapitaLand India Trust is a Singapore-listed property trust that is focused on owning income producing real estate used as business space in India and real estate related assets in relation to the foregoing. Its principal objective is to own income-producing real estate used as business space in India. The trust's portfolio includes IT business parks, industrial facilities, logistics park and data centre developments in India. The company's revenues are derived prominently from corporate tenants.
65GF Score

Get the complete analysis for ACNDF

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

$0.83
Price
$0.96
GF Value