Dev Accelerator (NSE:DEVX) PB Ratio: 1.74 (As of Jun. 26, 2026) — 16% Below Median


NSE:DEVX Dev Accelerator Ltd NSE:DEVX
10 GF Score
Price ₹35.72
! 4 Warning Signs
View Full Analysis

What is Dev Accelerator PB Ratio?

Dev Accelerator NSE:DEVX -1.11% 10 PB Ratio is 1.74 as of Jun. 26, 2026, which is 16% below its 10-year median of 2.06. GuruFocus rates NSE:DEVX with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 1,712 Real Estate companies, Dev Accelerator ranks worse than 79.03% 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 (2026-06-26), Dev Accelerator's share price is ₹35.72. Dev Accelerator's Book Value per Share for the quarter that ended in Mar. 2026 was ₹20.58. Hence, Dev Accelerator's PB Ratio of today is 1.74.

Good Sign:

Dev Accelerator Ltd stock PB Ratio (=1.76) is close to 1-year low of 1.7.

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

NSE:DEVX' s PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.06   Max: 10.18
Current: 1.73

During the past 5 years, Dev Accelerator's highest PB Ratio was 10.18. The lowest was 1.70. And the median was 2.06.

NSE:DEVX's PB Ratio is ranked worse than
79.03% of 1712 companies
in the Real Estate industry
Industry Median: 0.82 vs NSE:DEVX: 1.73

During the past 12 months, Dev Accelerator's average Book Value Per Share Growth Rate was 262.40% per year.

Back to Basics: PB Ratio


Dev Accelerator  (NSE:DEVX) 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.


Dev Accelerator PB Ratio Related Terms


Dev Accelerator PB Ratio Historical Data

* Premium members only.

The historical data trend for Dev Accelerator'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.

Dev Accelerator PB Ratio Chart

Dev Accelerator Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 0.00 1.50

Dev Accelerator Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only 0.00 0.00 2.56 0.00 1.50

NSE:DEVX vs CBRE, BEKE: PB Ratio Comparison

For the Real Estate Services subindustry, Dev Accelerator'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.


Dev Accelerator PB Ratio vs Real Estate Industry

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

* The bar in red indicates where Dev Accelerator's PB Ratio falls into.


NSE:DEVX
10GF Score
Dev Accelerator Ltd NSE:DEVX
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dev Accelerator 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.

Dev Accelerator's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=35.72/20.578
=1.74

* 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 1.74 mean?
Dev Accelerator (NSE:DEVX) has a PB Ratio of 1.74 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dev Accelerator and its competitors. This is 16% below median its historical median of 2.06. Over the past decade, Dev Accelerator's PB Ratio has ranged from 1.70 to 10.18. According to the industry distribution chart, Dev Accelerator ranks #1353 out of 1712 companies in the Real Estate industry, placing it in the top 79%.
Is Dev Accelerator's PB Ratio too high?
Dev Accelerator's current PB Ratio of 1.74 is 16% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 10.18. The Real Estate industry median PB Ratio is 0.82. Dev Accelerator's value of 1.74 is 112.2% above this industry median. Based on the distribution chart, Dev Accelerator ranks #1353 out of 1712 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Dev Accelerator has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Dev Accelerator's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dev Accelerator ranks #1353 out of 1712 companies for PB Ratio. This places Dev Accelerator in the lower half of its industry. The industry median PB Ratio is 0.82. Dev Accelerator's value of 1.74 is 112.2% above this benchmark. Historically, Dev Accelerator's own PB Ratio has ranged from 1.70 to 10.18 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 0.82, Dev Accelerator 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 1,712 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. Dev Accelerator's current PB Ratio of 1.74 is 112.2% 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 Dev Accelerator 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. Dev Accelerator's current PB Ratio is 1.74, which is 16% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Accelerator stock overvalued right now?
Dev Accelerator (NSE:DEVX) has a current PB Ratio of 1.74. The current PB Ratio is 1.74, which is 16% below median its 10-year median of 2.06 and 112.2% above the Real Estate industry median of 0.82. Dev Accelerator's overall GF Score™ is 10/100 with 4 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 Dev Accelerator (NSE:DEVX), the current PB Ratio is 1.74 as of Jun. 26, 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.

Dev Accelerator Business Description

Other Exchanges 544513:India
Address Near Shivalik High-Street, A - 1101, B - 1101, The First, Behind Keshavbaug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Dev Accelerator Ltd is one of the flex space operators. Its comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. Its clientele comprises of large corporates, MNCs and SMEs, to whom the company offers a variety of flexible office space solutions such as managed office spaces and coworking spaces as well as design and execution services through its Subsidiary. The flexible workspace solutions provided by the company at its Centers are divided in the following segments: Managed office spaces, Coworking spaces, Design and execution services, Payroll management services, Facility management services, and IT/ITes services.
10GF Score

Get the complete analysis for NSE:DEVX

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

₹35.72
Price