Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) PB Ratio: 0.81 (As of Jun. 25, 2026) — 10% Below Median


BSP:HSML11 Hsi Malls Fundo DE Investimento Imobiliario BSP:HSML11
81 GF Score
Price R$84.99
GF Value R$114.84
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Hsi Malls Fundo DE Investimento Imobiliario PB Ratio?

Hsi Malls Fundo DE Investimento Imobiliario BSP:HSML11 -0.77% 81 PB Ratio is 0.81 as of Jun. 25, 2026, which is 10% below its 10-year median of 0.90. GuruFocus rates BSP:HSML11 with a GF Score™ of 81/100 and a GF Value™ of R$114.84 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,607 Asset Management companies, Hsi Malls Fundo DE Investimento Imobiliario ranks better than 72.68% 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 (2026-06-25), Hsi Malls Fundo DE Investimento Imobiliario's share price is R$84.99. Hsi Malls Fundo DE Investimento Imobiliario's Book Value per Share for the quarter that ended in Jun. 2025 was R$104.89. Hence, Hsi Malls Fundo DE Investimento Imobiliario's PB Ratio of today is 0.81.

The historical rank and industry rank for Hsi Malls Fundo DE Investimento Imobiliario's PB Ratio or its related term are showing as below:

BSP:HSML11' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.9   Max: 51.55
Current: 0.81

During the past 6 years, Hsi Malls Fundo DE Investimento Imobiliario's highest PB Ratio was 51.55. The lowest was 0.65. And the median was 0.90.

BSP:HSML11's PB Ratio is ranked better than
72.68% of 1607 companies
in the Asset Management industry
Industry Median: 0.95 vs BSP:HSML11: 0.81

During the past 12 months, Hsi Malls Fundo DE Investimento Imobiliario's average Book Value Per Share Growth Rate was -3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 286.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Hsi Malls Fundo DE Investimento Imobiliario was 286.10% per year. The lowest was -1.60% per year. And the median was 4.70% per year.

Back to Basics: PB Ratio


Hsi Malls Fundo DE Investimento Imobiliario  (BSP:HSML11) 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.


Hsi Malls Fundo DE Investimento Imobiliario PB Ratio Related Terms


Hsi Malls Fundo DE Investimento Imobiliario PB Ratio Historical Data

* Premium members only.

The historical data trend for Hsi Malls Fundo DE Investimento Imobiliario'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.

Hsi Malls Fundo DE Investimento Imobiliario PB Ratio Chart

Hsi Malls Fundo DE Investimento Imobiliario Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial 0.94 42.66 0.98 0.90 0.81

Hsi Malls Fundo DE Investimento Imobiliario Semi-Annual Data
Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio Get a 7-Day Free Trial 0.94 42.66 0.98 0.90 0.81

BSP:HSML11 vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Hsi Malls Fundo DE Investimento Imobiliario'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.


Hsi Malls Fundo DE Investimento Imobiliario PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hsi Malls Fundo DE Investimento Imobiliario's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hsi Malls Fundo DE Investimento Imobiliario's PB Ratio falls into.


BSP:HSML11
81GF Score
Hsi Malls Fundo DE Investimento Imobiliario BSP:HSML11
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsi Malls 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.

Hsi Malls Fundo DE Investimento Imobiliario's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=84.99/104.889
=0.81

* 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 0.81 mean?
Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) has a PB Ratio of 0.81 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 Hsi Malls Fundo DE Investimento Imobiliario and its competitors. This is 10% below median its historical median of 0.90. Over the past decade, Hsi Malls Fundo DE Investimento Imobiliario's PB Ratio has ranged from 0.65 to 51.55. According to the industry distribution chart, Hsi Malls Fundo DE Investimento Imobiliario ranks #439 out of 1607 companies in the Asset Management industry, placing it in the top 27.3%.
Is Hsi Malls Fundo DE Investimento Imobiliario's PB Ratio too high?
Hsi Malls Fundo DE Investimento Imobiliario's current PB Ratio of 0.81 is 10% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 51.55. The Asset Management industry median PB Ratio is 0.95. Hsi Malls Fundo DE Investimento Imobiliario's value of 0.81 is 14.7% below this industry median. Based on the distribution chart, Hsi Malls Fundo DE Investimento Imobiliario ranks #439 out of 1607 companies in the Asset Management industry, which is above the industry midpoint. Overall, Hsi Malls Fundo DE Investimento Imobiliario has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsi Malls Fundo DE Investimento Imobiliario's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Hsi Malls Fundo DE Investimento Imobiliario ranks #439 out of 1607 companies for PB Ratio. This puts Hsi Malls Fundo DE Investimento Imobiliario in the upper half of its industry. The industry median PB Ratio is 0.95. Hsi Malls Fundo DE Investimento Imobiliario's value of 0.81 is 14.7% below this benchmark. Historically, Hsi Malls Fundo DE Investimento Imobiliario's own PB Ratio has ranged from 0.65 to 51.55 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.95, Hsi Malls 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,607 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. Hsi Malls Fundo DE Investimento Imobiliario's current PB Ratio of 0.81 is 14.7% 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 Hsi Malls Fundo DE Investimento Imobiliario and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsi Malls Fundo DE Investimento Imobiliario's current PB Ratio is 0.81, which is 10% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsi Malls Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$114.84, compared to a current price of R$84.99 — trading 26% below its estimated fair value. The current PB Ratio is 0.81, which is 10% below median its 10-year median of 0.90 and 14.7% below the Asset Management industry median of 0.95. Hsi Malls Fundo DE Investimento Imobiliario's overall GF Score™ is 81/100 with 7 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 Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11), the current PB Ratio is 0.81 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 Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) Overvalued in 2026?

Based on GuruFocus' analysis, Hsi Malls Fundo DE Investimento Imobiliario stock appears to be undervalued. The current stock price of R$84.99 is trading 26% below its estimated GF Value™ of R$114.84. GuruFocus considers Hsi Malls Fundo DE Investimento Imobiliario to be Modestly Undervalued.

Key valuation signals for BSP:HSML11:

  • PB Ratio: 0.81 (10% below median its 10-year median of 0.90)
  • GF Value™: R$114.84 vs. price of R$84.99 (26% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 14.7% below the Asset Management median (#439 of 1607)

No single metric tells the full story. See the BSP:HSML11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsi Malls Fundo DE Investimento Imobiliario Business Description

Address Avenue Brig. Faria Lima, 3729, 7th floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-905
Hsi Malls Fundo DE Investimento Imobiliario is a Brazil-based company engaged in real estate and credit business. Its real estate holdings include Cipasa Urbanismo, GoodStorage, Saphyr Shopping Centers, and office and logistics properties in Brazil.
81GF Score

Get the complete analysis for BSP:HSML11

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

R$84.99
Price
R$114.84
GF Value