Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) Cyclically Adjusted PB Ratio: (As of Jul. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:IRDM11 Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios BSP:IRDM11
12 GF Score
Price R$58.50
GF Value R$91.55
! 1 Warning Sign
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What is Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Cyclically Adjusted PB Ratio?

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios  (BSP:IRDM11) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Cyclically Adjusted PB Ratio Related Terms


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Cyclically Adjusted PB Ratio 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.

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Cyclically Adjusted PB Ratio Chart

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Semi-Annual Data
Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

BSP:IRDM11 vs VICI, WPC: Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Cyclically Adjusted PB Ratio falls into.


BSP:IRDM11
12GF Score
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios BSP:IRDM11
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Is Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios stock appears to be undervalued. The current stock price of R$58.50 is trading 36.1% below its estimated GF Value™ of R$91.55.

Key valuation signals for BSP:IRDM11:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: R$91.55 vs. price of R$58.50 (36.1% below fair value)
  • GF Score™: 12/100 with 1 warning sign

No single metric tells the full story. See the BSP:IRDM11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Business Description

Industry Real EstateREITs
Address Rua Joaquim Floriano, 100, 9th Floor, Sao Paulo, SP, BRA, 04534-000
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios is a real estate investment fund whose main focus is investment in real estate recieveable certificates.
12GF Score

Get the complete analysis for BSP:IRDM11

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$58.50
Price
R$91.55
GF Value