Itau Unibanco Holding (BSP:ITUB4) Book Value per Share: R$19.03 (As of Mar. 2026)

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BSP:ITUB4 Itau Unibanco Holding SA BSP:ITUB4
65 GF Score
Price R$41.96
GF Value R$31.09
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Itau Unibanco Holding Book Value per Share?

Itau Unibanco Holding BSP:ITUB4 -1.39% 65 Book Value per Share is R$19.03 as of Mar. 2026. GuruFocus rates BSP:ITUB4 with a GF Score™ of 65/100 and a GF Value™ of R$31.09 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Itau Unibanco Holding's book value per share for the quarter that ended in Mar. 2026 was R$19.03.

During the past 12 months, Itau Unibanco Holding's average Book Value Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Itau Unibanco Holding was 59.30% per year. The lowest was -3.70% per year. And the median was 10.20% per year.

Itau Unibanco Holding's current price is R$41.96. Its book value per share for the quarter that ended in Mar. 2026 was R$19.03. Hence, today's PB Ratio of Itau Unibanco Holding is 2.21.

During the past 13 years, the highest P/B Ratio of Itau Unibanco Holding was 2.48. The lowest was 1.16. And the median was 1.73.

Warning Sign:

Itau Unibanco Holding SA stock PB Ratio (=2.35) is close to 10-year high of 2.48.


Itau Unibanco Holding  (BSP:ITUB4) 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.


Itau Unibanco Holding Book Value per Share Related Terms


Itau Unibanco Holding Book Value per Share Historical Data

* Premium members only.

The historical data trend for Itau Unibanco Holding'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.

Itau Unibanco Holding Book Value per Share Chart

Itau Unibanco Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.80 15.10 17.12 19.06 18.55

Itau Unibanco Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.11 18.78 19.44 18.55 19.03

Itau Unibanco Holding Book Value per Share Competitor Comparison

For the Banks - Regional subindustry, Itau Unibanco Holding'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.


Itau Unibanco Holding PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Itau Unibanco Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Itau Unibanco Holding's PB Ratio falls into.


BSP:ITUB4
65GF Score
Itau Unibanco Holding SA BSP:ITUB4
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itau Unibanco Holding Book Value per Share Calculation

Itau Unibanco Holding'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)
=(204,501-0)/11,027
=18.55

Itau Unibanco Holding's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(209,705-0)/11,021
=19.03

* 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$19.03 mean?
Itau Unibanco Holding (BSP:ITUB4) has a Book Value per Share of R$19.03 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Itau Unibanco Holding and its competitors.
Is Itau Unibanco Holding's Book Value per Share too high?
Itau Unibanco Holding's current Book Value per Share is R$19.03. Overall, Itau Unibanco Holding has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Itau Unibanco Holding's Book Value per Share compare to competitors?
Itau Unibanco Holding's Book Value per Share of R$19.03 can be compared against companies in the Banks 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 Banks company?
A good Book Value per Share depends on the Banks 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 Itau Unibanco Holding and its competitors. Itau Unibanco Holding's current Book Value per Share is R$19.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itau Unibanco Holding stock overvalued right now?
Based on GuruFocus' analysis, Itau Unibanco Holding (BSP:ITUB4) is currently considered Significantly Overvalued. The stock's GF Value™ is R$31.09, compared to a current price of R$41.96 — trading 35% above its estimated fair value. The current Book Value per Share is R$19.03. Itau Unibanco Holding's overall GF Score™ is 65/100 with 9 warning signs to review. 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 Itau Unibanco Holding (BSP:ITUB4), the current Book Value per Share is R$19.03 as of Mar. 2026. 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.

Is Itau Unibanco Holding (BSP:ITUB4) Overvalued in 2026?

Based on GuruFocus' analysis, Itau Unibanco Holding stock appears to be overvalued. The current stock price of R$41.96 is trading 35% above its estimated GF Value™ of R$31.09. GuruFocus considers Itau Unibanco Holding to be Significantly Overvalued.

Key valuation signals for BSP:ITUB4:

  • Book Value per Share: R$19.03
  • GF Value™: R$31.09 vs. price of R$41.96 (35% above fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the BSP:ITUB4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itau Unibanco Holding Business Description

Address Praca Alfredo Egydio de Souza Aranha, 100, Torre Olavo Setubal, Parque Jabaquara, Sao Paulo, SP, BRA, 04344-902
Itaú Unibanco is the largest privately held bank in Brazil, the result of the 2008 merger between Banco Itaú and Unibanco. In addition to Brazil, the bank has significant operations in Chile, Colombia, Argentina, Uruguay, and Paraguay. Itaú's commercial and consumer loans account for 35% and 43% of the bank's total loans, respectively, while foreign loans account for 22% of its portfolio as of the end of 2025. The bank also operates the fifth-largest insurer in Brazil and is the second-largest asset manager in the country, giving it broad reach over the Brazilian financial system.
65GF Score

Get the complete analysis for BSP:ITUB4

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

R$41.96
Price
R$31.09
GF Value