Metrics to compare | SOBH | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipSOBHPeersSector | |
|---|---|---|---|---|
P/E Ratio | 63.1x | 27.2x | 8.8x | |
PEG Ratio | 0.52 | 0.59 | 0.01 | |
Price/Book | 3.1x | 2.8x | 0.9x | |
Price / LTM Sales | 2.6x | 4.7x | 3.9x | |
Upside (Analyst Target) | 30.0% | 25.4% | 18.0% | |
Fair Value Upside | Unlock | 8.0% | 2.7% | Unlock |
Sobha Limited engages in the construction, development, sale, management, and operation of residential and commercial real estate under the Sobha brand primarily in India. It operates through the Real Estate, and Contractual and Manufacturing segments. The Real Estate segment comprises development, sale, management, and operation of townships and housing projects, as well as leasing of commercial premises. The Contractual and Manufacturing segment is involved in the development of commercial premises and other related activities, as well as manufacturing activities related to interiors, glazing, and metal works and concrete products. Its residential real estate portfolio includes apartments, villas, row houses, townships, and plotted developments. The company also provides contracting business services comprising design, civil and structural works, MEP, interior fit-outs, aluminum and glazing systems, and landscaping; glazing and metal works products, such as aluminum doors and windows, structural glazing systems, stainless steel finishes, and pre-engineered building modules tailored for commercial and institutional use; concrete products, including concrete blocks, pavers, kerb stones, water drainage channels, paving slabs, and related landscape; and interior products that consist of doors and frames, modular kitchens, wardrobes, bespoke furniture, panelling systems, partitions, and upholstered elements; and precast products, including columns, beams, slabs, staircases, and facade panels. The company was formerly known as Sobha Developers Limited and changed its name to Sobha Limited in August 2014. Sobha Limited was incorporated in 1995 and is headquartered in Bengaluru, India.