Modis NavnirmanNSE:MODIS +0.45%62 PB Ratio is 4.19 as of Jul. 04, 2026, which is 17% below its 10-year median of 5.04. GuruFocus rates NSE:MODIS with a GF Score™ of 62/100 and a GF Value™ of ₹780.57 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,711 Real Estate companies, Modis Navnirman ranks worse than 93.98% 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 (2026-07-04), Modis Navnirman's share price is ₹335.15. Modis Navnirman's Book Value per Share for the quarter that ended in Mar. 2026 was ₹79.97. Hence, Modis Navnirman's PB Ratio of today is 4.19.
The historical rank and industry rank for Modis Navnirman's PB Ratio or its related term are showing as below:
NSE:MODIS'
s PB Ratio Range Over the Past 10 Years
Min: 3.74 Med: 5.04 Max: 6.57
Current: 4.24
During the past 7 years, Modis Navnirman's highest PB Ratio was 6.57. The lowest was 3.74. And the median was 5.04.
NSE:MODIS's PB Ratio is ranked worse than 93.98% of 1711
companies
in the Real Estate industry
Industry Median: 0.83
vs NSE:MODIS: 4.24
During the past 12 months, Modis Navnirman's average Book Value Per Share Growth Rate was 48.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 61.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 132.00% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Modis Navnirman was 1752.20% per year. The lowest was 61.30% per year. And the median was 190.10% 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.
Modis Navnirman PB Ratio Related Terms
Modis Navnirman PB Ratio Historical Data
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The historical data trend for Modis Navnirman'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, Modis Navnirman'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.
Modis Navnirman PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Modis Navnirman's PB Ratio distribution charts can be found below:
* The bar in red indicates where Modis Navnirman'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.
Modis Navnirman's PB Ratio for today is calculated as follows:
* 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.
Modis Navnirman (NSE:MODIS) has a PB Ratio of 4.19 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Modis Navnirman and its competitors. This is 17% below median its historical median of 5.04. Over the past decade, Modis Navnirman's PB Ratio has ranged from 3.74 to 6.57. According to the industry distribution chart, Modis Navnirman ranks #1608 out of 1711 companies in the Real Estate industry, placing it in the top 94%.
Is Modis Navnirman's PB Ratio too high?
Modis Navnirman's current PB Ratio of 4.19 is 17% below median its 10-year median of 5.04. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 6.57. The Real Estate industry median PB Ratio is 0.83. Modis Navnirman's value of 4.19 is 404.8% above this industry median. Based on the distribution chart, Modis Navnirman ranks #1608 out of 1711 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Modis Navnirman has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Modis Navnirman's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Modis Navnirman ranks #1608 out of 1711 companies for PB Ratio. This places Modis Navnirman in the lower half of its industry. The industry median PB Ratio is 0.83. Modis Navnirman's value of 4.19 is 404.8% above this benchmark. Historically, Modis Navnirman's own PB Ratio has ranged from 3.74 to 6.57 over the past decade. While the company's 10-year median is 5.04 vs. the industry median of 0.83, Modis Navnirman 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 1,711 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. Modis Navnirman's current PB Ratio of 4.19 is 404.8% 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 Modis Navnirman 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. Modis Navnirman's current PB Ratio is 4.19, which is 17% 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 Modis Navnirman stock overvalued right now?
Based on GuruFocus' analysis, Modis Navnirman (NSE:MODIS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹780.57, compared to a current price of ₹335.15 — trading 57.1% below its estimated fair value. The current PB Ratio is 4.19, which is 17% below median its 10-year median of 5.04 and 404.8% above the Real Estate industry median of 0.83. Modis Navnirman's overall GF Score™ is 62/100 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 Modis Navnirman (NSE:MODIS), the current PB Ratio is 4.19 as of Jul. 04, 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 Modis Navnirman (NSE:MODIS) Overvalued in 2026?
Based on GuruFocus' analysis, Modis Navnirman stock appears to be undervalued.
The current stock price of ₹335.15 is trading 57.1% below its estimated GF Value™ of ₹780.57.
GuruFocus considers Modis Navnirman to be Possible Value Trap.
Key valuation signals for NSE:MODIS:
PB Ratio: 4.19 (17% below median its 10-year median of 5.04)
GF Value™: ₹780.57 vs. price of ₹335.15 (57.1% below fair value)
Industry Position: 404.8% above the Real Estate median (#1608 of 1711)
No single metric tells the full story. See the NSE:MODIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Rashmi Jewel, Rashmi Terrace and others.
62GF Score
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