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.
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.
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario PB Ratio Related Terms
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario 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.
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario PB Ratio Chart
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Annual Data
Trend
Dec20
Dec21
Dec22
Dec23
Dec24
PB Ratio
0.00
0.00
0.86
0.43
0.31
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Semi-Annual Data
* 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.
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario PB Ratio vs REITs Industry
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario 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.
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:DEVA11) has a PB Ratio of 0.18 as of Aug. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario and its competitors. This is 56% below median its historical median of 0.41. Over the past decade, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's PB Ratio has ranged from 0.17 to 1.06. According to the industry distribution chart, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario ranks #18 out of 917 companies in the REITs industry, placing it in the top 2%.
Is Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's PB Ratio too high?
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's current PB Ratio of 0.18 is 56% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 1.06. The REITs industry median PB Ratio is 0.85. Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's value of 0.18 is 78.8% below this industry median. Based on the distribution chart, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario ranks #18 out of 917 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario ranks #18 out of 917 companies for PB Ratio. This places Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.85. Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's value of 0.18 is 78.8% below this benchmark. Historically, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's own PB Ratio has ranged from 0.17 to 1.06 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.85, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario 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 REITs company?
The median PB Ratio among REITs companies is 0.85, based on 917 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. Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's current PB Ratio of 0.18 is 78.8% 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 Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario and its competitors. For the REITs industry, the median PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's current PB Ratio is 0.18, which is 56% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:DEVA11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$4.89, compared to a current price of R$16.81 — trading 243.8% above its estimated fair value. The current PB Ratio is 0.18, which is 56% below median its 10-year median of 0.41 and 78.8% below the REITs industry median of 0.85. Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's overall GF Score™ is 34/100 with 2 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 Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:DEVA11), the current PB Ratio is 0.18 as of Aug. 16, 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 Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:DEVA11) Overvalued in 2026?
Based on GuruFocus' analysis, Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario stock appears to be overvalued.
The current stock price of R$16.81 is trading 243.8% above its estimated GF Value™ of R$4.89.
GuruFocus considers Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario to be Significantly Overvalued.
Key valuation signals for BSP:DEVA11:
PB Ratio: 0.18 (56% below median its 10-year median of 0.41)
GF Value™: R$4.89 vs. price of R$16.81 (243.8% above fair value)
Industry Position: 78.8% below the REITs median (#18 of 917)
No single metric tells the full story. See the BSP:DEVA11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Devant Recebiveis Imobiliarios Fundo DE Investimento Imobiliario is a Brazil-based company. It Earn income and capital gains from investments in financial assets backed by real estate CRI.
34GF Score
Get the complete analysis for BSP:DEVA11
PB Ratio 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:DEVA11 has been successfully added to your 
