Sobha Share Price Target: In this article, you will read about Sobha Share Price Target prediction for this year’s end and the upcoming years 2025, 2027, 2030, and 2035.
By the end of this article, you may get an idea about Sobha, and the expected share price target. We will do the analysis and predict whether the stock is best for long-term investment or not.
Sobha Overview :
Sobha Limited is an Omani multinational real estate developer. Sobha was founded on 7 August 1995, Its headquarters located in Dubai, UAE and a corporate office in Bangalore, India. Sobha Founder was P. N. C. Menon. Sobha Ltd, has 3,406 employees in 2023. Check the below table to know more.
| Name | Sobha |
|---|---|
| Industry | Real Estate |
| Founded | 1995 |
| Services | Construction, Development, Property Management |
| Country | India |
| Website | Sobha Limited |
| Profile | Sobha |
Shareholding Pattern of Sobha:
- Promoters. 52.28%
- Retail And Others. 19.43%
- Mutual Funds. 15.09%
- Foreign Institutions. 11.13%
- Other Domestic Institutions. 2.07%
Fundamentals of Sobha:
The market cap of Sobha is ₹127.90B. The number of shares outstanding is 94.85M. And Earnings per share is ₹9.50. From the table below, you can get to know about the Price of the earnings Ratio (P/E), BOOK VALUE, Price to book (P/B), and many more like Dividend yield.
| Market cap | 127.90B |
| Enterprise value | ₹148,278,689,792.00 |
| Shares outstanding | 94.85M |
| P/E ratio | 141.95 |
| Forward P/E ratio | 32.52 |
| Price / Book | 5.12 |
| Book value | ₹263.40 |
| Payout ratio | 31.35% |
| Quick ratio | – |
| Current ratio | – |
| Debt / Equity | 81.18 |
| Price / Sales | 3.61 |
| Earnings per share | ₹9.50 |
| Revenue per share | ₹374.00 |
| Total cash per share | ₹68.18 |
| Forward annual dividend rate | ₹3.00 |
| Ex-Dividend date | July 28, 2023 |
| Forward annual dividend yield | 0.21% |
| Five Year Avg Dividend Yield | 1.25 |
| Total cash | 6.47B |
| Total debt | 20.23B |
| Total revenue | 35.44B |
| Return on assets | – |
| Return on equity | – |
| Gross profit | – |
| Gross margin | 33.73% |
| % Held by insiders | 62.29% |
| % Held by Institutions | 26.83% |
Sobha Share Price NSE/BSE:
Sobha Shares were listed in the (NSE) National Stock Exchange and (BSE) Bombay Stock Exchange.
Sobha shares on NSE are trading at around 1,349.65, each as of February 2024. Sobha shares on BSE are currently trading at 1,356.35 INR.
Sobha IPO Details:
| IPO Date | November 23, 2006 to November 29, 2006 |
| Listing Date | December 20, 2006 |
| Face Value | ₹10 per share |
| Price Band | ₹550 to ₹640 per share |
| Lot Size | |
| Total Issue Size | 8,893,332 shares (aggregating up to ₹569.17 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Sobha Share Price History:
| Year | Sobha | YOY Chg% | ↑High – ↓Low |
|---|---|---|---|
| 2007 | ₹911.15 | – | ↑ ₹1128↓ ₹620 |
| 2008 | ₹105.25 | -88.5% | ↑ ₹1043↓ ₹83.00 |
| 2009 | ₹245.80 | 133.5% | ↑ ₹307↓ ₹61.00 |
| 2010 | ₹325.15 | 32.2% | ↑ ₹404↓ ₹218 |
| 2011 | ₹191.30 | -41.2% | ↑ ₹330↓ ₹179 |
| 2012 | ₹379.80 | 98.5% | ↑ ₹410↓ ₹189 |
| 2013 | ₹312.15 | -17.9% | ↑ ₹498↓ ₹213 |
| 2014 | ₹482.15 | 54.4% | ↑ ₹583↓ ₹261 |
| 2015 | ₹310.35 | -35.7% | ↑ ₹514↓ ₹244 |
| 2016 | ₹245.60 | -20.9% | ↑ ₹346↓ ₹216 |
| 2017 | ₹619.00 | 152% | ↑ ₹647↓ ₹246 |
| 2018 | ₹455.30 | -26.5% | ↑ ₹694↓ ₹380 |
| 2019 | ₹401.50 | -11.9% | ↑ ₹588↓ ₹376 |
| 2020 | ₹414.65 | 3.2% | ↑ ₹464↓ ₹120 |
| 2021 | ₹895.45 | 115.9% | ↑ ₹980↓ ₹395 |
| 2022 | ₹576.10 | -35.7% | ↑ ₹1044↓ ₹480 |
| 2023 | ₹985.70 | 71% | ↑ ₹1088↓ ₹412 |
Sobha Expected Share Price Target:
| Year | Minimum Share Price (₹) | Maximum Share Price (₹) |
|---|---|---|
| 2024 | ₹1,350 | ₹1,485 |
| 2025 | ₹1,500 | ₹1,690 |
| 2026 | ₹1,700 | ₹1,850 |
| 2027 | ₹1,900 | ₹2,100 |
| 2030 | ₹2,800 | ₹3,000 |
| 2035 | ₹4,000 | ₹4,500 |
Also Consider Reading: MRPL Share Price Target.
Sobha Share Price Target 2024:
On the analysis we will get to know the Sobha share price target by 2024, the minimum price range of 1,350, and the maximum share price of 1,485. This range of amounts is based on the strategies of the company.
Sobha Share Price Target 2024 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 1350 | 1,485 |
Sobha Share Price Target 2025:
The expected minimum range of Sobha share price target in 2025 is 1,500, and the maximum share price target is 1,690.
Sobha Share Price Target 2025 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 1,500 | 1,690 |
Sobha Share Price Target 2027:
The expected minimum range of Sobha share price target in 2027 is 1,900, and the maximum share price target is 2,100.
Sobha Share Price Target 2027 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 1,900 | 2,100 |
Sobha Share Price Target 2030:
Looking ahead to 2030 the expected minimum price range for Sobha shares is 2,800, and the maximum price range is 3,000.
Sobha Share Price Target 2030 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 2,800 | 3,000 |
Sobha Share Price Target 2035:
By the year 2035, the expected minimum range of Sobha share price is 4,000, and the maximum price range is 4,500.
Sobha Share Price Target 2035 As Follows:
| Year | Target 1 | Target 2 |
| 2035 | 4,000 | 4,500 |
Conclusion:
I hope you got clarity on the Sobha Share Price Target from 2024 to 2035. This is just the prediction; You need to analyze the graph to get an idea.
FAQ
1. What is the Sobha Share Price Target for 2024?
A: The expected price target for Sobha in 2024 is 1350 to 1,485 per share.
2. What is the Sobha Share Price Target for 2025?
A: The expected price target for Sobha in 2025 is 1,500 to 1,690 per share.
3. What is the Sobha Share Price Target for 2027?
A: The expected price target for Sobha in 2027 is 1,900 to 2,100 per share.
4. What is the Sobha Share Price Target for 2030?
A: The expected price target for Sobha in 2030 is 2,800 to 3,000 per share.
5. What is the Sobha Share Price Target for 2035?
A: The expected price target for Sobha in 2035 is 4,000 to 4,500 per share.
Disclaimer: Dear people, we would like to inform you that we are not authorized by SEBI. The share price target for Sobha is provided for educational and informational purposes only. The price predictions will only be valid when the market sign is positive. We do not recommend anyone to buy, sell, or hold any stock. Investors should make their analysis or take suggestions from their financial advisers/experts before making any investments.
