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Godrej PropertiesNSE:GODREJPROP -1.12%82 PB Ratio is 3.17 as of Aug. 12, 2026, which is 37% below its 10-year median of 5.04. GuruFocus rates NSE:GODREJPROP with a GF Score™ of 82/100 and a GF Value™ of ₹2,642.17 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,714 Real Estate companies, Godrej Properties ranks worse than 89.91% on this metric.
The historical rank and industry rank for Godrej Properties's PB Ratio or its related term are showing as below:
NSE:GODREJPROP'
s PB Ratio Range Over the Past 10 Years
Min: 2.37 Med: 5.04 Max: 14.92
Current: 3.16
During the past 13 years, Godrej Properties's highest PB Ratio was 14.92. The lowest was 2.37. And the median was 5.04.
NSE:GODREJPROP's PB Ratio is ranked worse than 89.91% of 1714
companies
in the Real Estate industry
Industry Median: 0.825
vs NSE:GODREJPROP: 3.16
During the past 12 months, Godrej Properties's average Book Value Per Share Growth Rate was 10.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 24.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 29.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Godrej Properties was 163.60% per year. The lowest was -16.90% per year. And the median was 20.40% 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.
Godrej Properties PB Ratio Related Terms
Godrej Properties PB Ratio Historical Data
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The historical data trend for Godrej Properties'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, Godrej Properties'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.
Godrej Properties PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Godrej Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Godrej Properties'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.
Godrej Properties (NSE:GODREJPROP) has a PB Ratio of 3.17 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Godrej Properties and its competitors. This is 37% below median its historical median of 5.04. Over the past decade, Godrej Properties' PB Ratio has ranged from 2.37 to 14.92. According to the industry distribution chart, Godrej Properties ranks #1541 out of 1714 companies in the Real Estate industry, placing it in the top 89.9%.
Is Godrej Properties' PB Ratio too high?
Godrej Properties' current PB Ratio of 3.17 is 37% below median its 10-year median of 5.04. Over the past 10 years, this metric has ranged from a low of 2.37 to a high of 14.92. The Real Estate industry median PB Ratio is 0.83. Godrej Properties' value of 3.17 is 284.2% above this industry median. Based on the distribution chart, Godrej Properties ranks #1541 out of 1714 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Godrej Properties has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Godrej Properties' PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Godrej Properties ranks #1541 out of 1714 companies for PB Ratio. This places Godrej Properties in the lower half of its industry. The industry median PB Ratio is 0.83. Godrej Properties' value of 3.17 is 284.2% above this benchmark. Historically, Godrej Properties' own PB Ratio has ranged from 2.37 to 14.92 over the past decade. While the company's 10-year median is 5.04 vs. the industry median of 0.83, Godrej Properties 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 0.83, based on 1,714 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. Godrej Properties's current PB Ratio of 3.17 is 284.2% 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 Godrej Properties and its competitors. For the Real Estate industry, the median PB Ratio is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godrej Properties's current PB Ratio is 3.17, which is 37% below median its own 10-year median of 5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godrej Properties stock overvalued right now?
Based on GuruFocus' analysis, Godrej Properties (NSE:GODREJPROP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,642.17, compared to a current price of ₹2,015.00 — trading 23.7% below its estimated fair value. The current PB Ratio is 3.17, which is 37% below median its 10-year median of 5.04 and 284.2% above the Real Estate industry median of 0.83. Godrej Properties' overall GF Score™ is 82/100 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 Godrej Properties (NSE:GODREJPROP), the current PB Ratio is 3.17 as of Aug. 12, 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 Godrej Properties (NSE:GODREJPROP) Overvalued in 2026?
Based on GuruFocus' analysis, Godrej Properties stock appears to be undervalued.
The current stock price of ₹2,015.00 is trading 23.7% below its estimated GF Value™ of ₹2,642.17.
GuruFocus considers Godrej Properties to be Modestly Undervalued.
Key valuation signals for NSE:GODREJPROP:
PB Ratio: 3.17 (37% below median its 10-year median of 5.04)
GF Value™: ₹2,642.17 vs. price of ₹2,015.00 (23.7% below fair value)
Industry Position: 284.2% above the Real Estate median (#1541 of 1714)
No single metric tells the full story. See the NSE:GODREJPROP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Godrej Properties Ltd develops residential, commercial, and township properties in multiple cities. The company derives a majority of its revenue from the sale of properties. Other operating sources of revenue include the sale of services, compensation received from projects, and lease rents. The company's operations occur in two main business areas Residential Real Estate and Commercial Real Estate. The company takes on projects in each of these segments. Some of the company's Residential Real Estate projects include Godrej Garden City, Godrej Prakriti, and Godrej Palm Grove. The company's key Commercial Real Estate projects include Godrej BKC and Godrej Eternia. The company generates a majority of its revenue from India.
82GF Score
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