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BSP:HBRE3's PB Ratio is ranked better than 95.8% of 1713
companies
in the Real Estate industry
Industry Median: 0.81
vs BSP:HBRE3: 0.12
During the past 12 months, HBR Realty Empreendimentos Imobiliarios's average Book Value Per Share Growth Rate was -11.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of HBR Realty Empreendimentos Imobiliarios was 22.70% per year. The lowest was -1.60% per year. And the median was 3.10% per year.
Back to Basics: PB Ratio
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
HBR Realty Empreendimentos Imobiliarios PB Ratio Related Terms
HBR Realty Empreendimentos Imobiliarios PB Ratio 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.
HBR Realty Empreendimentos Imobiliarios PB Ratio Chart
HBR Realty Empreendimentos Imobiliarios Annual Data
For the Real Estate Services subindustry, HBR Realty Empreendimentos Imobiliarios'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.
HBR Realty Empreendimentos Imobiliarios PB Ratio vs Real Estate Industry
HBR Realty Empreendimentos Imobiliarios PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a PB Ratio of 0.13 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors. This is 48% below median its historical median of 0.25. Over the past decade, HBR Realty Empreendimentos Imobiliarios' PB Ratio has ranged from 0.12 to 1.05. According to the industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #72 out of 1713 companies in the Real Estate industry, placing it in the top 4.2%.
Is HBR Realty Empreendimentos Imobiliarios' PB Ratio too high?
HBR Realty Empreendimentos Imobiliarios' current PB Ratio of 0.13 is 48% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.05. The Real Estate industry median PB Ratio is 0.81. HBR Realty Empreendimentos Imobiliarios' value of 0.13 is 84% below this industry median. Based on the distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #72 out of 1713 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #72 out of 1713 companies for PB Ratio. This places HBR Realty Empreendimentos Imobiliarios in the top 4% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.81. HBR Realty Empreendimentos Imobiliarios' value of 0.13 is 84% below this benchmark. Historically, HBR Realty Empreendimentos Imobiliarios' own PB Ratio has ranged from 0.12 to 1.05 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.81, HBR Realty Empreendimentos Imobiliarios has consistently been below 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 PB Ratio for a Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,713 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HBR Realty Empreendimentos Imobiliarios's current PB Ratio of 0.13 is 84% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBR Realty Empreendimentos Imobiliarios's current PB Ratio is 0.13, which is 48% below median its own 10-year median of 0.25. 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$16.65, compared to a current price of R$2.24 — trading 86.5% below its estimated fair value. The current PB Ratio is 0.13, which is 48% below median its 10-year median of 0.25 and 84% below the Real Estate industry median of 0.81. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current PB Ratio is 0.13 as of Jul. 15, 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$2.24 is trading 86.5% below its estimated GF Value™ of R$16.65.
GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.
Key valuation signals for BSP:HBRE3:
PB Ratio: 0.13 (48% below median its 10-year median of 0.25)
GF Value™: R$16.65 vs. price of R$2.24 (86.5% below fair value)
Industry Position: 84% below the Real Estate median (#72 of 1713)
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 Business Description
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.
68GF Score
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