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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.
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio PB Ratio Related Terms
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio 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.
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio PB Ratio Chart
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
PB Ratio
0.00
1.27
2.39
1.07
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio 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.
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio PB Ratio vs REITs Industry
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio 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.
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a PB Ratio of 0.04 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio and its competitors. This is 97% below median its historical median of 1.34. Over the past decade, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's PB Ratio has ranged from 0.04 to 2.44. According to the industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #1 out of 922 companies in the REITs industry, placing it in the top 0.099999999999994%.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's PB Ratio too high?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current PB Ratio of 0.04 is 97% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 2.44. The REITs industry median PB Ratio is 0.86. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 0.04 is 95.3% below this industry median. Based on the distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #1 out of 922 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #1 out of 922 companies for PB Ratio. This places Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio in the top 0% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 0.04 is 95.3% below this benchmark. Historically, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's own PB Ratio has ranged from 0.04 to 2.44 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 0.86, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio 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 922 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. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current PB Ratio of 0.04 is 95.3% 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio 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. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current PB Ratio is 0.04, which is 97% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio stock overvalued right now?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a current PB Ratio of 0.04. The current PB Ratio is 0.04, which is 97% below median its 10-year median of 1.34 and 95.3% below the REITs industry median of 0.86. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's overall GF Score™ is 24/100 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11), the current PB Ratio is 0.04 as of Jul. 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.
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Business Description
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio is a closed-end fund. The fund's objective is to provide its shareholders with appreciation and profitability of their shares in the long term, aiming to obtain capital gains through the investment of its assets.
24GF Score
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