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Kinea Indices Precos Fundo Investimento Imobiliario - FII (BSP:KNIP11) PB Ratio : 0.97 (As of May. 16, 2024)


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What is Kinea Indices Precos Fundo Investimento Imobiliario - FII PB Ratio?

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. As of today (2024-05-16), Kinea Indices Precos Fundo Investimento Imobiliario - FII's share price is R$96.35. Kinea Indices Precos Fundo Investimento Imobiliario - FII's Book Value per Share for the quarter that ended in Jun. 2023 was R$99.26. Hence, Kinea Indices Precos Fundo Investimento Imobiliario - FII's PB Ratio of today is 0.97.

Good Sign:

Kinea Indices Precos Fundo Investimento Imobiliario - FII stock PB Ratio (=0.97) is close to 2-year low of 0.92

The historical rank and industry rank for Kinea Indices Precos Fundo Investimento Imobiliario - FII's PB Ratio or its related term are showing as below:

BSP:KNIP11' s PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 0.96   Max: 1.03
Current: 0.96

During the past 7 years, Kinea Indices Precos Fundo Investimento Imobiliario - FII's highest PB Ratio was 1.03. The lowest was 0.92. And the median was 0.96.

BSP:KNIP11's PB Ratio is ranked worse than
63.18% of 850 companies
in the REITs industry
Industry Median: 0.83 vs BSP:KNIP11: 0.96

During the past 12 months, Kinea Indices Precos Fundo Investimento Imobiliario - FII's average Book Value Per Share Growth Rate was 3.30% per year.

Back to Basics: PB Ratio


Kinea Indices Precos Fundo Investimento Imobiliario - FII PB Ratio Historical Data

The historical data trend for Kinea Indices Precos Fundo Investimento Imobiliario - FII's 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.

* Premium members only.

Kinea Indices Precos Fundo Investimento Imobiliario - FII PB Ratio Chart

Kinea Indices Precos Fundo Investimento Imobiliario - FII Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial - - - 1.05 0.94

Kinea Indices Precos Fundo Investimento Imobiliario - FII Semi-Annual Data
Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio Get a 7-Day Free Trial - - - 1.05 0.94

Competitive Comparison of Kinea Indices Precos Fundo Investimento Imobiliario - FII's PB Ratio

For the REIT - Diversified subindustry, Kinea Indices Precos 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.


Kinea Indices Precos Fundo Investimento Imobiliario - FII's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Kinea Indices Precos Fundo Investimento Imobiliario - FII's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kinea Indices Precos Fundo Investimento Imobiliario - FII's PB Ratio falls into.



Kinea Indices Precos Fundo Investimento Imobiliario - FII 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.

Kinea Indices Precos Fundo Investimento Imobiliario - FII's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=96.35/99.257
=0.97

* 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.


Kinea Indices Precos Fundo Investimento Imobiliario - FII  (BSP:KNIP11) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Kinea Indices Precos Fundo Investimento Imobiliario - FII PB Ratio Related Terms

Thank you for viewing the detailed overview of Kinea Indices Precos Fundo Investimento Imobiliario - FII's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kinea Indices Precos Fundo Investimento Imobiliario - FII (BSP:KNIP11) Business Description

Traded in Other Exchanges
N/A
Address
Av. Brigadeiro Faria Lima, 3400- 10 andar, Sao Paulo, BRA, 01452-000
Kinea Indices Precos Fundo Investimento Imobiliario - FII is a real estate investment trust engaged in real estate sector.

Kinea Indices Precos Fundo Investimento Imobiliario - FII (BSP:KNIP11) Headlines

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