BSP:FISC11's PB Ratio is ranked better than 76.53% of 929
companies
in the REITs industry
Industry Median: 0.86
vs BSP:FISC11: 0.62
During the past 12 months, Fundo Investimento Imobiliario SC 401's average Book Value Per Share Growth Rate was -2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -21.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Fundo Investimento Imobiliario SC 401 was 155.40% per year. The lowest was -58.60% per year. And the median was -0.75% per year.
Back to Basics: PB Ratio
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) 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.
Fundo Investimento Imobiliario SC 401 PB Ratio Related Terms
Fundo Investimento Imobiliario SC 401 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.
Fundo Investimento Imobiliario SC 401 PB Ratio Chart
For the REIT - Diversified subindustry, Fundo Investimento Imobiliario SC 401'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.
Fundo Investimento Imobiliario SC 401 PB Ratio vs REITs Industry
Fundo Investimento Imobiliario SC 401 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.
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) has a PB Ratio of 0.61 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fundo Investimento Imobiliario SC 401 and its competitors. This is 34% below median its historical median of 0.92. Over the past decade, Fundo Investimento Imobiliario SC 401's PB Ratio has ranged from 0.46 to 10.26. According to the industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #218 out of 929 companies in the REITs industry, placing it in the top 23.5%.
Is Fundo Investimento Imobiliario SC 401's PB Ratio too high?
Fundo Investimento Imobiliario SC 401's current PB Ratio of 0.61 is 34% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 10.26. The REITs industry median PB Ratio is 0.86. Fundo Investimento Imobiliario SC 401's value of 0.61 is 29.1% below this industry median. Based on the distribution chart, Fundo Investimento Imobiliario SC 401 ranks #218 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo Investimento Imobiliario SC 401 has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario SC 401's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #218 out of 929 companies for PB Ratio. This places Fundo Investimento Imobiliario SC 401 in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Fundo Investimento Imobiliario SC 401's value of 0.61 is 29.1% below this benchmark. Historically, Fundo Investimento Imobiliario SC 401's own PB Ratio has ranged from 0.46 to 10.26 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.86, Fundo Investimento Imobiliario SC 401 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 0.86, based on 929 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. Fundo Investimento Imobiliario SC 401's current PB Ratio of 0.61 is 29.1% 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 Fundo Investimento Imobiliario SC 401 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. Fundo Investimento Imobiliario SC 401's current PB Ratio is 0.61, which is 34% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario SC 401 stock overvalued right now?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 (BSP:FISC11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$95.56, compared to a current price of R$68.25 — trading 28.6% below its estimated fair value. The current PB Ratio is 0.61, which is 34% below median its 10-year median of 0.92 and 29.1% below the REITs industry median of 0.86. Fundo Investimento Imobiliario SC 401's overall GF Score™ is 71/100 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 Fundo Investimento Imobiliario SC 401 (BSP:FISC11), the current PB Ratio is 0.61 as of Jun. 25, 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 Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 stock appears to be undervalued.
The current stock price of R$68.25 is trading 28.6% below its estimated GF Value™ of R$95.56.
GuruFocus considers Fundo Investimento Imobiliario SC 401 to be Modestly Undervalued.
Key valuation signals for BSP:FISC11:
PB Ratio: 0.61 (34% below median its 10-year median of 0.92)
GF Value™: R$95.56 vs. price of R$68.25 (28.6% below fair value)
Industry Position: 29.1% below the REITs median (#218 of 929)
No single metric tells the full story. See the BSP:FISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo Investimento Imobiliario SC 401 Business Description
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.
71GF Score
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