Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) Book Value per Share: R$8.71 (As of Dec. 2025)

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BSP:HRDF11 Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11
23 GF Score
Price R$4.44
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What is Hedge Realty Development Fundo Investimento Imobiliario FII Book Value per Share?

Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11 -0.22% 23 Book Value per Share is R$8.71 as of Dec. 2025. GuruFocus rates BSP:HRDF11 with a GF Score™ of 23/100.

Hedge Realty Development Fundo Investimento Imobiliario FII's book value per share for the quarter that ended in Dec. 2025 was R$8.71.

During the past 12 months, Hedge Realty Development Fundo Investimento Imobiliario FII's average Book Value Per Share Growth Rate was 12.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Hedge Realty Development Fundo Investimento Imobiliario FII was 12.20% per year. The lowest was -52.90% per year. And the median was -4.20% per year.

Hedge Realty Development Fundo Investimento Imobiliario FII's current price is R$4.44. Its book value per share for the quarter that ended in Dec. 2025 was R$8.71. Hence, today's PB Ratio of Hedge Realty Development Fundo Investimento Imobiliario FII is 0.51.

During the past 8 years, the highest P/B Ratio of Hedge Realty Development Fundo Investimento Imobiliario FII was 1.92. The lowest was 0.38. And the median was 0.74.


Hedge Realty Development Fundo Investimento Imobiliario FII  (BSP:HRDF11) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Hedge Realty Development Fundo Investimento Imobiliario FII Book Value per Share Related Terms


Hedge Realty Development Fundo Investimento Imobiliario FII Book Value per Share Historical Data

* Premium members only.

The historical data trend for Hedge Realty Development Fundo Investimento Imobiliario FII's Book Value per Share 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.

Hedge Realty Development Fundo Investimento Imobiliario FII Book Value per Share Chart

Hedge Realty Development Fundo Investimento Imobiliario FII Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial 6.67 6.17 7.99 7.73 8.71

Hedge Realty Development Fundo Investimento Imobiliario FII Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share Get a 7-Day Free Trial 6.67 6.17 7.99 7.73 8.71

BSP:HRDF11 vs VICI, WPC: Book Value per Share Comparison

For the REIT - Diversified subindustry, Hedge Realty Development Fundo Investimento Imobiliario FII'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.


Hedge Realty Development Fundo Investimento Imobiliario FII PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Realty Development Fundo Investimento Imobiliario FII's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hedge Realty Development Fundo Investimento Imobiliario FII's PB Ratio falls into.


BSP:HRDF11
23GF Score
Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Realty Development Fundo Investimento Imobiliario FII Book Value per Share Calculation

Hedge Realty Development Fundo Investimento Imobiliario FII's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(13.21-0.00)/1.52
=8.71

Hedge Realty Development Fundo Investimento Imobiliario FII's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(13.21-0.00)/1.52
=8.71

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of R$8.71 mean?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a Book Value per Share of R$8.71 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Hedge Realty Development Fundo Investimento Imobiliario FII and its competitors.
Is Hedge Realty Development Fundo Investimento Imobiliario FII's Book Value per Share too high?
Hedge Realty Development Fundo Investimento Imobiliario FII's current Book Value per Share is R$8.71. Overall, Hedge Realty Development Fundo Investimento Imobiliario FII has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Realty Development Fundo Investimento Imobiliario FII's Book Value per Share compare to VICI and WPC?
Hedge Realty Development Fundo Investimento Imobiliario FII's Book Value per Share of R$8.71 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a REITs company?
A good Book Value per Share depends on the REITs industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Hedge Realty Development Fundo Investimento Imobiliario FII and its competitors. Hedge Realty Development Fundo Investimento Imobiliario FII's current Book Value per Share is R$8.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Realty Development Fundo Investimento Imobiliario FII stock overvalued right now?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a current Book Value per Share of R$8.71. The current Book Value per Share is R$8.71. Hedge Realty Development Fundo Investimento Imobiliario FII's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11), the current Book Value per Share is R$8.71 as of Dec. 2025. 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.

Hedge Realty Development Fundo Investimento Imobiliario FII Business Description

Industry Real EstateREITs
Address Avenue Horacio Lafer, 160, 9th Floor, Itaim Bibi, Sao Paulo, BRA
Hedge Realty Development Fundo Investimento Imobiliario FII is a closed-end fund. The Fund's objective is to provide its shareholders with long-term appreciation and profitability of their shares, predominantly through investment.
23GF Score

Get the complete analysis for BSP:HRDF11

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$4.44
Price