Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) PB Ratio: 0.90 (As of Jul. 09, 2026) — Near Median


BSP:VISC11 Vinci Shopping Centers Fundo Investimento Imobiliario-FII BSP:VISC11
76 GF Score
Price R$104.62
GF Value R$116.12
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vinci Shopping Centers Fundo Investimento Imobiliario-FII PB Ratio?

Vinci Shopping Centers Fundo Investimento Imobiliario-FII BSP:VISC11 -0.38% 76 PB Ratio is 0.90 as of Jul. 09, 2026, which is 1% below its 10-year median of 0.91. GuruFocus rates BSP:VISC11 with a GF Score™ of 76/100 and a GF Value™ of R$116.12 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 927 REITs companies, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks worse than 54.69% on this metric.

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 (2026-07-09), Vinci Shopping Centers Fundo Investimento Imobiliario-FII's share price is R$104.62. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Book Value per Share for the quarter that ended in Dec. 2025 was R$116.53. Hence, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's PB Ratio of today is 0.90.

Warning Sign:

Vinci Shopping Centers Fundo Investimento Imobiliario-FII stock PB Ratio (=0.9) is close to 2-year high of 0.97.

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

BSP:VISC11' s PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 0.91   Max: 3.71
Current: 0.9

During the past 10 years, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's highest PB Ratio was 3.71. The lowest was 0.64. And the median was 0.91.

BSP:VISC11's PB Ratio is ranked worse than
54.69% of 927 companies
in the REITs industry
Industry Median: 0.86 vs BSP:VISC11: 0.90

During the past 12 months, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's average Book Value Per Share Growth Rate was -6.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Vinci Shopping Centers Fundo Investimento Imobiliario-FII was 62.90% per year. The lowest was -1.90% per year. And the median was 4.00% per year.

Back to Basics: PB Ratio


Vinci Shopping Centers Fundo Investimento Imobiliario-FII  (BSP:VISC11) 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.


Vinci Shopping Centers Fundo Investimento Imobiliario-FII PB Ratio Related Terms


Vinci Shopping Centers Fundo Investimento Imobiliario-FII PB Ratio Historical Data

* Premium members only.

The historical data trend for Vinci Shopping Centers 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.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII PB Ratio Chart

Vinci Shopping Centers Fundo Investimento Imobiliario-FII 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 0.89 0.86 0.93 0.78 0.94

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.86 0.93 0.78 0.94

BSP:VISC11 vs SPG, O, KIM: PB Ratio Comparison

For the REIT - Retail subindustry, Vinci Shopping Centers 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.


Vinci Shopping Centers Fundo Investimento Imobiliario-FII PB Ratio vs REITs Industry

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

* The bar in red indicates where Vinci Shopping Centers Fundo Investimento Imobiliario-FII's PB Ratio falls into.


BSP:VISC11
76GF Score
Vinci Shopping Centers Fundo Investimento Imobiliario-FII BSP:VISC11
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinci Shopping Centers 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.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=104.62/116.531
=0.90

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.90 mean?
Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) has a PB Ratio of 0.90 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Vinci Shopping Centers Fundo Investimento Imobiliario-FII and its competitors. This is near median its historical median of 0.91. Over the past decade, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's PB Ratio has ranged from 0.64 to 3.71. According to the industry distribution chart, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks #507 out of 927 companies in the REITs industry, placing it in the top 54.7%.
Is Vinci Shopping Centers Fundo Investimento Imobiliario-FII's PB Ratio too high?
Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current PB Ratio of 0.90 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 3.71. The REITs industry median PB Ratio is 0.86. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's value of 0.90 is 4.7% above this industry median. Based on the distribution chart, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks #507 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Vinci Shopping Centers Fundo Investimento Imobiliario-FII has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinci Shopping Centers Fundo Investimento Imobiliario-FII's PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks #507 out of 927 companies for PB Ratio. This places Vinci Shopping Centers Fundo Investimento Imobiliario-FII in the lower half of its industry. The industry median PB Ratio is 0.86. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's value of 0.90 is 4.7% above this benchmark. Historically, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's own PB Ratio has ranged from 0.64 to 3.71 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.86, Vinci Shopping Centers Fundo Investimento Imobiliario-FII 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 PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 927 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. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current PB Ratio of 0.90 is 4.7% 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 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current PB Ratio is 0.90, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinci Shopping Centers Fundo Investimento Imobiliario-FII stock overvalued right now?
Based on GuruFocus' analysis, Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$116.12, compared to a current price of R$104.62 — trading 9.9% below its estimated fair value. The current PB Ratio is 0.90, which is near median its 10-year median of 0.91 and 4.7% above the REITs industry median of 0.86. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's overall GF Score™ is 76/100 with 4 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11), the current PB Ratio is 0.90 as of Jul. 09, 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) Overvalued in 2026?

Based on GuruFocus' analysis, Vinci Shopping Centers Fundo Investimento Imobiliario-FII stock appears to be undervalued. The current stock price of R$104.62 is trading 9.9% below its estimated GF Value™ of R$116.12. GuruFocus considers Vinci Shopping Centers Fundo Investimento Imobiliario-FII to be Modestly Undervalued.

Key valuation signals for BSP:VISC11:

  • PB Ratio: 0.90 (near median its 10-year median of 0.91)
  • GF Value™: R$116.12 vs. price of R$104.62 (9.9% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 4.7% above the REITs median (#507 of 927)

No single metric tells the full story. See the BSP:VISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vinci Shopping Centers Fundo Investimento Imobiliario-FII Business Description

Industry Real EstateREITs
Address Avenida Bartolomeu Mitre, 336, Leblon, Rio de Janeiro, RJ, BRA, 22431-002
Vinci Shopping Centers Fundo Investimento Imobiliario-FII is a real estate investment trust. The company invests in real estate properties of shopping centers and / or related, such as strip malls, outlet centers, among others. The objective of the Fund is to obtain income through the investment of resources, predominantly in real estate, as well as in any real rights over real estate or, even, through indirect investment in real estate through the acquisition of real estate assets.
76GF Score

Get the complete analysis for BSP:VISC11

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

R$104.62
Price
R$116.12
GF Value