PBG (BSP:PTBL3) PB Ratio: (As of Jul. 20, 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:PTBL3 PBG SA BSP:PTBL3
55 GF Score
Price R$1.73
GF Value R$4.99
Valuation Possible Value Trap
! 10 Warning Signs
View Full Analysis

What is PBG 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 (2026-07-20), PBG's share price is R$1.73. PBG's Book Value per Share for the quarter that ended in Mar. 2026 was R$-0.26. Hence, PBG's PB Ratio of today is .

The historical rank and industry rank for PBG's PB Ratio or its related term are showing as below:

During the past 13 years, PBG's highest PB Ratio was 18.88. The lowest was 0.76. And the median was 2.24.

BSP:PTBL3's PB Ratio is not ranked *
in the Construction industry.
Industry Median: 1.31
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, PBG's average Book Value Per Share Growth Rate was -111.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -61.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -31.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PBG was 157.80% per year. The lowest was -61.60% per year. And the median was 13.55% per year.

Back to Basics: PB Ratio


PBG  (BSP:PTBL3) 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.


PBG PB Ratio Related Terms


PBG PB Ratio Historical Data

* Premium members only.

The historical data trend for PBG'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.

PBG PB Ratio Chart

PBG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 2.48 2.73 1.39 16.76

PBG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 1.59 2.62 2.86 16.76 0.00

BSP:PTBL3 vs TT, JCI, CARR: PB Ratio Comparison

For the Building Products & Equipment subindustry, PBG'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.


PBG PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, PBG's PB Ratio distribution charts can be found below:

* The bar in red indicates where PBG's PB Ratio falls into.


BSP:PTBL3
55GF Score
PBG SA BSP:PTBL3
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PBG 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.

PBG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.73/-0.262
=

* 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.

Is PBG (BSP:PTBL3) Overvalued in 2026?

Based on GuruFocus' analysis, PBG stock appears to be undervalued. The current stock price of R$1.73 is trading 65.3% below its estimated GF Value™ of R$4.99. GuruFocus considers PBG to be Possible Value Trap.

Key valuation signals for BSP:PTBL3:

  • PB Ratio:
  • GF Value™: R$4.99 vs. price of R$1.73 (65.3% below fair value)
  • GF Score™: 55/100 with 10 warning signs

No single metric tells the full story. See the BSP:PTBL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PBG Business Description

Address Rodovia BR 101, KM 163, Tijucas, SC, BRA, 88200-000
PBG SA is engaged in the manufacturing and sale of ceramic and porcelain products. It offers products such as floor tiles, technical porcelain, enameled tiles, decorated and special pieces, mosaic tiles, and products for indoor walls and outdoor facades, as well as supplementary services in the sector of civil construction materials. The company sells its product to the Brazilian market through its network of Portobello Shops, home centers, real estate developers, and construction firms. Portobello derives revenue through the sale of ceramic and porcelain products. Geographically it operates in Brazil. The Company is structured in four strategic segments formed by the business units Portobello, Portobello Shop, Pointer and Portobello America.
55GF Score

Get the complete analysis for BSP:PTBL3

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

R$1.73
Price
R$4.99
GF Value