BSP:HRDF11's PB Ratio is ranked better than 81.74% of 931
companies
in the REITs industry
Industry Median: 0.87
vs BSP:HRDF11: 0.55
During the past 12 months, Hedge Realty Development Fundo Investimento Imobiliario FII's average Book Value Per Share Growth Rate was 12.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.40% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Hedge Realty Development Fundo Investimento Imobiliario FII was 12.20% per year. The lowest was -52.90% per year. And the median was -4.20% per year.
Back to Basics: PB Ratio
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) 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 Realty Development Fundo Investimento Imobiliario FII PB Ratio Related Terms
Hedge Realty Development Fundo Investimento Imobiliario FII 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 Realty Development Fundo Investimento Imobiliario FII PB Ratio Chart
Hedge Realty Development Fundo Investimento Imobiliario FII 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 Realty Development Fundo Investimento Imobiliario FII PB Ratio vs REITs Industry
Hedge Realty Development Fundo Investimento Imobiliario FII 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 Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a PB Ratio of 0.55 as of Jul. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hedge Realty Development Fundo Investimento Imobiliario FII and its competitors. This is 26% below median its historical median of 0.74. Over the past decade, Hedge Realty Development Fundo Investimento Imobiliario FII's PB Ratio has ranged from 0.38 to 1.92. According to the industry distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #170 out of 931 companies in the REITs industry, placing it in the top 18.3%.
Is Hedge Realty Development Fundo Investimento Imobiliario FII's PB Ratio too high?
Hedge Realty Development Fundo Investimento Imobiliario FII's current PB Ratio of 0.55 is 26% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 1.92. The REITs industry median PB Ratio is 0.87. Hedge Realty Development Fundo Investimento Imobiliario FII's value of 0.55 is 36.8% below this industry median. Based on the distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #170 out of 931 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Realty Development Fundo Investimento Imobiliario FII has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Realty Development Fundo Investimento Imobiliario FII's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #170 out of 931 companies for PB Ratio. This places Hedge Realty Development Fundo Investimento Imobiliario FII in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.87. Hedge Realty Development Fundo Investimento Imobiliario FII's value of 0.55 is 36.8% below this benchmark. Historically, Hedge Realty Development Fundo Investimento Imobiliario FII's own PB Ratio has ranged from 0.38 to 1.92 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.87, Hedge Realty Development Fundo Investimento Imobiliario FII 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 0.87, based on 931 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 Realty Development Fundo Investimento Imobiliario FII's current PB Ratio of 0.55 is 36.8% 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 Hedge Realty Development Fundo Investimento Imobiliario FII and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Realty Development Fundo Investimento Imobiliario FII's current PB Ratio is 0.55, which is 26% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Realty Development Fundo Investimento Imobiliario FII stock overvalued right now?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a current PB Ratio of 0.55. The current PB Ratio is 0.55, which is 26% below median its 10-year median of 0.74 and 36.8% below the REITs industry median of 0.87. Hedge Realty Development Fundo Investimento Imobiliario FII's overall GF Score™ is 19/100. 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 Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11), the current PB Ratio is 0.55 as of Jul. 05, 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 Realty Development Fundo Investimento Imobiliario FII Business Description
Hedge Realty Development Fundo Investimento Imobiliario FII is a closed-end fund. The Fund's objective is to provide its shareholders with long-term appreciation and profitability of their shares, predominantly through investment.
19GF Score
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