Valuation · at the close on 16 Oct 2026

TPL Properties Limited (TPLP) valuation

TPLP has no positive earnings to compare its share price with, so P/E is not meaningful. The shares are priced at 0.87× book value (sector median 1.28×).

P/E · today

—

FY2025

5-yr average47.9× Sector median9.4×

P/B · today

0.87×

FY2025

5-yr average0.78× Sector median1.28×

EV/EBITDA · today

—

5-yr average— Sector median10.5×

Dividend yield · today

0.0%

FY2025

5-yr average3.9% Payers' median—

Market value Rs 6.6 bn at Rs 11.80. Sector medians use the latest close of 5 Property 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.

5 10 All

TPLP valuation history (annual) (Rs bn)

Rs bn	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012
Market capitalisation	5.6	4.9	7.1	10.3	9.9	1.7	2.7	2.5	2.5	—	—	—	—	—
Enterprise value	7.0	6.4	7.6	9.5	9.2	4.8	5.3	4.8	4.1	—	—	—	—	—
Share price (period end) Rs	9.97	8.74	12.46	18.33	17.55	3.03	4.83	4.53	5.96	—	—	—	—	—
P/E (diluted)	—	—	2.21×	1.63×	140.00×	14.98×	4.01×	2.13×	7.30×	—	—	—	—	—
Price to book	0.73×	0.52×	0.52×	0.88×	1.60×	0.27×	0.44×	0.46×	0.72×	—	—	—	—	—
Price to sales	5.11×	5.40×	5.72×	15.86×	22.49×	2.51×	4.54×	4.60×	7.08×	—	—	—	—	—
EV / EBITDA	—	—	—	—	—	13.69×	16.30×	16.81×	16.31×	—	—	—	—	—
EV / Sales	6.42×	7.09×	6.37×	18.83×	20.91×	7.14×	8.91×	8.61×	11.22×	—	—	—	—	—
Dividend yield (gross)	0.0%	0.0%	16.1%	0.0%	3.3%	0.0%	0.0%	0.0%	0.0%	—	—	—	—	—
Free cash flow yield	(8.5%)	(28.3%)	(28.1%)	33.1%	(21.5%)	2.1%	(12.7%)	(9.5%)	(3.9%)	—	—	—	—	—
PEG ratio	—	—	(0.04×)	0.00×	(3.68×)	(0.18×)	(0.09×)	0.01×	(0.35×)	—	—	—	—	—
P/E (diluted, normalised)	—	—	—	3.18×	140.00×	14.98×	4.01×	2.13×	7.30×	—	—	—	—	—
Price to book — 5-year average	0.78×	0.72×	0.72×	0.75×	0.70×	—	—	—	—	—	—	—	—	—
EV / EBITDA — 5-year average	—	—	—	—	31.27×	—	—	—	—	—	—	—	—	—
Dividend yield — 5-year average	3.9%	4.3%	4.6%	1.2%	1.6%	—	—	—	—	—	—	—	—	—

TPLP valuation: frequently asked questions

What is TPLP's book value per share? +

TPL Properties Limited's book value per share was Rs 13.60 at the end of FY2025. The shares trade at 0.87× book value.

Information only, not investment advice.