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.
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:HBRE3'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.42 Max: 0.53
Current: 0.37
During the past 6 years, the highest Equity to Asset Ratio of HBR Realty Empreendimentos Imobiliarios was 0.53. The lowest was 0.36. And the median was 0.42.
BSP:HBRE3's Equity-to-Asset is ranked worse than 61.09% of 1799
companies
in the Real Estate industry
Industry Median: 0.44
vs BSP:HBRE3: 0.37
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
HBR Realty Empreendimentos Imobiliarios Equity-to-Asset Related Terms
HBR Realty Empreendimentos Imobiliarios Equity-to-Asset Historical Data
* 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.
BSP:HBRE3 vs CBRE, BEKE, JLL: Equity-to-Asset Comparison
For the Real Estate Services subindustry, HBR Realty Empreendimentos Imobiliarios's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
HBR Realty Empreendimentos Imobiliarios Equity-to-Asset vs Real Estate Industry
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
* 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.
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a Equity-to-Asset of 0.54 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors. This is 29% above median its historical median of 0.42. Over the past decade, HBR Realty Empreendimentos Imobiliarios' Equity-to-Asset has ranged from 0.36 to 0.53. According to the industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #1099 out of 1799 companies in the Real Estate industry, placing it in the top 61.1%.
Is HBR Realty Empreendimentos Imobiliarios' Equity-to-Asset too high?
HBR Realty Empreendimentos Imobiliarios' current Equity-to-Asset of 0.54 is 29% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.53. The Real Estate industry median Equity-to-Asset is 0.44. HBR Realty Empreendimentos Imobiliarios' value of 0.54 is 22.7% above this industry median. Based on the distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #1099 out of 1799 companies in the Real Estate industry, which is below the industry midpoint. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' Equity-to-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #1099 out of 1799 companies for Equity-to-Asset. This places HBR Realty Empreendimentos Imobiliarios in the lower half of its industry. The industry median Equity-to-Asset is 0.44. HBR Realty Empreendimentos Imobiliarios' value of 0.54 is 22.7% above this benchmark. Historically, HBR Realty Empreendimentos Imobiliarios' own Equity-to-Asset has ranged from 0.36 to 0.53 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.44, HBR Realty Empreendimentos Imobiliarios has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Real Estate company?
The median Equity-to-Asset among Real Estate companies is 0.44, based on 1,799 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HBR Realty Empreendimentos Imobiliarios's current Equity-to-Asset of 0.54 is 22.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors. For the Real Estate industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBR Realty Empreendimentos Imobiliarios's current Equity-to-Asset is 0.54, which is 29% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$13.68, compared to a current price of R$2.70 — trading 80.3% below its estimated fair value. The current Equity-to-Asset is 0.54, which is 29% above median its 10-year median of 0.42 and 22.7% above the Real Estate industry median of 0.44. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 66/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current Equity-to-Asset is 0.54 as of Jun. 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued.
The current stock price of R$2.70 is trading 80.3% below its estimated GF Value™ of R$13.68.
GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.
Key valuation signals for BSP:HBRE3:
Equity-to-Asset: 0.54 (29% above median its 10-year median of 0.42)
GF Value™: R$13.68 vs. price of R$2.70 (80.3% below fair value)
Industry Position: 22.7% above the Real Estate median (#1099 of 1799)
No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
66GF Score
Get the complete analysis for BSP:HBRE3
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:HBRE3 has been successfully added to your 
