BSP:HOFC11's PB Ratio is ranked better than 79.66% of 929
companies
in the REITs industry
Industry Median: 0.86
vs BSP:HOFC11: 0.58
During the past 12 months, Hedge Officeome Fundo De Investimento Imobiliario's average Book Value Per Share Growth Rate was -10.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -10.80% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Hedge Officeome Fundo De Investimento Imobiliario was 58.10% per year. The lowest was -13.50% per year. And the median was -10.80% per year.
Back to Basics: PB Ratio
Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) 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.
Hedge Officeome Fundo De Investimento Imobiliario PB Ratio Related Terms
Hedge Officeome 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.
Hedge Officeome Fundo De Investimento Imobiliario PB Ratio Chart
Hedge Officeome Fundo De Investimento Imobiliario 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 Officeome Fundo De Investimento Imobiliario PB Ratio vs REITs Industry
Hedge Officeome 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.
Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) has a PB Ratio of 0.58 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hedge Officeome Fundo De Investimento Imobiliario and its competitors. This is 45% above median its historical median of 0.40. Over the past decade, Hedge Officeome Fundo De Investimento Imobiliario's PB Ratio has ranged from 0.20 to 0.60. According to the industry distribution chart, Hedge Officeome Fundo De Investimento Imobiliario ranks #189 out of 929 companies in the REITs industry, placing it in the top 20.3%.
Is Hedge Officeome Fundo De Investimento Imobiliario's PB Ratio too high?
Hedge Officeome Fundo De Investimento Imobiliario's current PB Ratio of 0.58 is 45% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.60. The REITs industry median PB Ratio is 0.86. Hedge Officeome Fundo De Investimento Imobiliario's value of 0.58 is 32.6% below this industry median. Based on the distribution chart, Hedge Officeome Fundo De Investimento Imobiliario ranks #189 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Officeome Fundo De Investimento Imobiliario has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hedge Officeome Fundo De Investimento Imobiliario's PB Ratio compare to BXP and ARE?
According to the REITs industry distribution chart, Hedge Officeome Fundo De Investimento Imobiliario ranks #189 out of 929 companies for PB Ratio. This places Hedge Officeome Fundo De Investimento Imobiliario in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Hedge Officeome Fundo De Investimento Imobiliario's value of 0.58 is 32.6% below this benchmark. Historically, Hedge Officeome Fundo De Investimento Imobiliario's own PB Ratio has ranged from 0.20 to 0.60 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.86, Hedge Officeome 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 0.86, 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. Hedge Officeome Fundo De Investimento Imobiliario's current PB Ratio of 0.58 is 32.6% 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 Officeome Fundo De Investimento Imobiliario 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 Officeome Fundo De Investimento Imobiliario's current PB Ratio is 0.58, which is 45% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Officeome Fundo De Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$22.43, compared to a current price of R$33.75 — trading 50.5% above its estimated fair value. The current PB Ratio is 0.58, which is 45% above median its 10-year median of 0.40 and 32.6% below the REITs industry median of 0.86. Hedge Officeome Fundo De Investimento Imobiliario's overall GF Score™ is 55/100 with 9 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 Officeome Fundo De Investimento Imobiliario (BSP:HOFC11), the current PB Ratio is 0.58 as of Jul. 02, 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 Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Overvalued in 2026?
Based on GuruFocus' analysis, Hedge Officeome Fundo De Investimento Imobiliario stock appears to be overvalued.
The current stock price of R$33.75 is trading 50.5% above its estimated GF Value™ of R$22.43.
GuruFocus considers Hedge Officeome Fundo De Investimento Imobiliario to be Significantly Overvalued.
Key valuation signals for BSP:HOFC11:
PB Ratio: 0.58 (45% above median its 10-year median of 0.40)
GF Value™: R$22.43 vs. price of R$33.75 (50.5% above fair value)
Industry Position: 32.6% below the REITs median (#189 of 929)
No single metric tells the full story. See the BSP:HOFC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hedge Officeome Fundo De Investimento Imobiliario Business Description
Hedge Office Income Fundo De Investimento Imobiliario operates as a corporate Real Estate Fund .The objective of the Fund is to obtain income and capital gains to be obtained through the exploration of a or more real estate projects, aimed at the office segment including slabs and corporate buildings being certain that in such office developments there may be certain properties intended for commercial, retail activities.
55GF Score
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