Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) PB Ratio: 0.97 (As of Aug. 03, 2026) — Near Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:HGRU11 Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Ltd BSP:HGRU11
70 GF Score
Price R$125.25
GF Value R$107.60
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Patria Renda Urbana - Fundo De Investimento Imobiliario Resp PB Ratio?

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp BSP:HGRU11 +1.52% 70 PB Ratio is 0.97 as of Aug. 03, 2026, which is 4% below its 10-year median of 1.01. GuruFocus rates BSP:HGRU11 with a GF Score™ of 70/100 and a GF Value™ of R$107.60 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 914 REITs companies, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ranks worse than 61.93% 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 (2026-08-03), Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's share price is R$125.25. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's Book Value per Share for the quarter that ended in Dec. 2025 was R$129.31. Hence, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's PB Ratio of today is 0.97.

Good Sign:

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Ltd stock PB Ratio (=0.97) is close to 3-year low of 0.88.

The historical rank and industry rank for Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's PB Ratio or its related term are showing as below:

BSP:HGRU11' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.01   Max: 1.28
Current: 0.97

During the past 8 years, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's highest PB Ratio was 1.28. The lowest was 0.87. And the median was 1.01.

BSP:HGRU11's PB Ratio is ranked worse than
61.93% of 914 companies
in the REITs industry
Industry Median: 0.86 vs BSP:HGRU11: 0.97

During the past 12 months, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's average Book Value Per Share Growth Rate was 2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.20% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Patria Renda Urbana - Fundo De Investimento Imobiliario Resp was 5.00% per year. The lowest was 2.00% per year. And the median was 2.50% per year.

Back to Basics: PB Ratio


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp  (BSP:HGRU11) 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.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp PB Ratio Related Terms


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp PB Ratio Historical Data

* Premium members only.

The historical data trend for Patria Renda Urbana - Fundo De Investimento Imobiliario Resp'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.

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp PB Ratio Chart

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 1.00 0.99 1.10 0.93 0.97

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio Get a 7-Day Free Trial 1.00 0.99 1.10 0.93 0.97

BSP:HGRU11 vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp'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.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's PB Ratio falls into.


BSP:HGRU11
70GF Score
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Ltd BSP:HGRU11
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp 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.

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=125.25/129.308
=0.97

* 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 0.97 mean?
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) has a PB Ratio of 0.97 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Patria Renda Urbana - Fundo De Investimento Imobiliario Resp and its competitors. This is near median its historical median of 1.01. Over the past decade, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's PB Ratio has ranged from 0.87 to 1.28. According to the industry distribution chart, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ranks #566 out of 914 companies in the REITs industry, placing it in the top 61.9%.
Is Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's PB Ratio too high?
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's current PB Ratio of 0.97 is near median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.28. The REITs industry median PB Ratio is 0.86. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's value of 0.97 is 12.8% above this industry median. Based on the distribution chart, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ranks #566 out of 914 companies in the REITs industry, which is below the industry midpoint. Overall, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ranks #566 out of 914 companies for PB Ratio. This places Patria Renda Urbana - Fundo De Investimento Imobiliario Resp in the lower half of its industry. The industry median PB Ratio is 0.86. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's value of 0.97 is 12.8% above this benchmark. Historically, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's own PB Ratio has ranged from 0.87 to 1.28 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 0.86, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp 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 914 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. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's current PB Ratio of 0.97 is 12.8% 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 Patria Renda Urbana - Fundo De Investimento Imobiliario Resp 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. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's current PB Ratio is 0.97, which is near median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Renda Urbana - Fundo De Investimento Imobiliario Resp stock overvalued right now?
Based on GuruFocus' analysis, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) is currently considered Modestly Overvalued. The stock's GF Value™ is R$107.60, compared to a current price of R$125.25 — trading 16.4% above its estimated fair value. The current PB Ratio is 0.97, which is near median its 10-year median of 1.01 and 12.8% above the REITs industry median of 0.86. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's overall GF Score™ is 70/100 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 Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11), the current PB Ratio is 0.97 as of Aug. 03, 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 Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) Overvalued in 2026?

Based on GuruFocus' analysis, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp stock appears to be overvalued. The current stock price of R$125.25 is trading 16.4% above its estimated GF Value™ of R$107.60. GuruFocus considers Patria Renda Urbana - Fundo De Investimento Imobiliario Resp to be Modestly Overvalued.

Key valuation signals for BSP:HGRU11:

  • PB Ratio: 0.97 (near median its 10-year median of 1.01)
  • GF Value™: R$107.60 vs. price of R$125.25 (16.4% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 12.8% above the REITs median (#566 of 914)

No single metric tells the full story. See the BSP:HGRU11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Business Description

Industry Real EstateREITs
Address Leopoldo Couto de Magalhaes Jr. Street, 700, 11th Floor- Itaim Bibi, Sao Paulo, SP, BRA, 04542-000
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Ltd formerly Credit Suisse Hedging-Griffo CV SA is engaged in the development of urban real estate projects for institutional and commercial use, that potentially generate income through sale, lease, or rental, prioritizing the acquisition of institutional or commercial real estate projects other than office buildings, shopping malls, or logistics facilities.
70GF Score

Get the complete analysis for BSP:HGRU11

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

R$125.25
Price
R$107.60
GF Value