Last close · 16 Oct 2026
Rs 8.79 +0.34%
Valuation · at the close on 16 Oct 2026
TPL REIT Fund I (TPLRF1) valuation
At Rs 8.79 (close on 16 Oct 2026) TPLRF1 trades at 24.0× earnings (FY2025), above the Real Estate Investment Trust median of 7.0×. The shares are priced at 0.48× book value (sector median 1.06×). Enterprise value of Rs 16.1 bn is 24.9× EBITDA.
- P/E · today
- 24.0×
- FY2025
- 5-yr average— Sector median7.0×
- P/B · today
- 0.48×
- FY2025
- 5-yr average— Sector median1.06×
- EV/EBITDA · today
- 24.9×
- 5-yr average— Sector median15.1×
- Dividend yield · today
- 0.0%
- FY2025
- 5-yr average— Payers' median—
Market value Rs 16.1 bn at Rs 8.79. Sector medians use the latest close of 3 Real Estate Investment Trust companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.
Valuation history
At each fiscal year-end price.
| Rs bn | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 |
|---|---|---|---|---|
| Market capitalisation | 25.9 | 27.5 | — | — |
| Enterprise value | 26.1 | 26.0 | — | — |
| Share price (period end) Rs | 14.11 | 15.00 | — | — |
| P/E (diluted) | 40.15× | 85.26× | — | — |
| Price to book | 0.78× | 0.84× | — | — |
| Price to sales | 17.62× | 27.60× | — | — |
| EV / EBITDA | 40.18× | 80.64× | — | — |
| EV / Sales | 17.73× | 26.08× | — | — |
| Dividend yield (gross) | 0.0% | 0.0% | — | — |
| Free cash flow yield | (7.0%) | (11.3%) | — | — |
| PEG ratio | 0.40× | (0.88×) | — | — |
| P/E (diluted, normalised) | 40.15× | 85.26× | — | — |
TPLRF1 valuation: frequently asked questions
What is TPLRF1's P/E ratio?
At the closing price of Rs 8.79 on 16 Oct 2026, TPLRF1 trades at a P/E of 24.0× based on EPS of Rs 0.37 (FY2025).
What is TPLRF1's book value per share?
TPL REIT Fund I's book value per share was Rs 18.16 at the end of FY2025. The shares trade at 0.48× book value.
Information only, not investment advice.