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IguatemiBSP:IGTI4 -0.35%87 PB Ratio is 2.81 as of Jul. 14, 2026, which is 227% above its 10-year median of 0.86. GuruFocus rates BSP:IGTI4 with a GF Score™ of 87/100 and a GF Value™ of R$13.10 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,715 Real Estate companies, Iguatemi ranks worse than 51.95% 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 (2026-07-14), Iguatemi's share price is R$11.35. Iguatemi's Book Value per Share for the quarter that ended in Mar. 2026 was R$4.05. Hence, Iguatemi's PB Ratio of today is 2.81.
Warning Sign:
Iguatemi SA stock PB Ratio (=0.86) is close to 2-year high of 0.9.
The historical rank and industry rank for Iguatemi's PB Ratio or its related term are showing as below:
BSP:IGTI4'
s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.86 Max: 2.33
Current: 0.86
During the past 13 years, Iguatemi's highest PB Ratio was 2.33. The lowest was 0.16. And the median was 0.86.
BSP:IGTI4's PB Ratio is ranked worse than 51.95% of 1715
companies
in the Real Estate industry
Industry Median: 0.81
vs BSP:IGTI4: 0.86
During the past 12 months, Iguatemi's average Book Value Per Share Growth Rate was 10.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Iguatemi was 47.00% per year. The lowest was -20.10% per year. And the median was 1.65% per year.
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.
Iguatemi PB Ratio Related Terms
Iguatemi PB Ratio Historical Data
* Premium members only.
The historical data trend for Iguatemi'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.
For the Real Estate Services subindustry, Iguatemi'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.
Iguatemi PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Iguatemi's PB Ratio distribution charts can be found below:
* The bar in red indicates where Iguatemi's PB Ratio falls into.
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.
Iguatemi's PB Ratio for today is calculated as follows:
* 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.
Iguatemi (BSP:IGTI4) has a PB Ratio of 2.81 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Iguatemi and its competitors. This is 227% above median its historical median of 0.86. Over the past decade, Iguatemi's PB Ratio has ranged from 0.16 to 2.33. According to the industry distribution chart, Iguatemi ranks #891 out of 1715 companies in the Real Estate industry, placing it in the top 52%.
Is Iguatemi's PB Ratio too high?
Iguatemi's current PB Ratio of 2.81 is 227% above median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 2.33. The Real Estate industry median PB Ratio is 0.81. Iguatemi's value of 2.81 is 246.9% above this industry median. Based on the distribution chart, Iguatemi ranks #891 out of 1715 companies in the Real Estate industry, which is below the industry midpoint. Overall, Iguatemi has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iguatemi's PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Iguatemi ranks #891 out of 1715 companies for PB Ratio. This places Iguatemi in the lower half of its industry. The industry median PB Ratio is 0.81. Iguatemi's value of 2.81 is 246.9% above this benchmark. Historically, Iguatemi's own PB Ratio has ranged from 0.16 to 2.33 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.81, Iguatemi 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,715 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. Iguatemi's current PB Ratio of 2.81 is 246.9% 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 Iguatemi and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iguatemi's current PB Ratio is 2.81, which is 227% above median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iguatemi stock overvalued right now?
Based on GuruFocus' analysis, Iguatemi (BSP:IGTI4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$13.10, compared to a current price of R$11.35 — trading 13.4% below its estimated fair value. The current PB Ratio is 2.81, which is 227% above median its 10-year median of 0.86 and 246.9% above the Real Estate industry median of 0.81. Iguatemi's overall GF Score™ is 87/100 with 5 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 Iguatemi (BSP:IGTI4), the current PB Ratio is 2.81 as of Jul. 14, 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 Iguatemi (BSP:IGTI4) Overvalued in 2026?
Based on GuruFocus' analysis, Iguatemi stock appears to be undervalued.
The current stock price of R$11.35 is trading 13.4% below its estimated GF Value™ of R$13.10.
GuruFocus considers Iguatemi to be Modestly Undervalued.
Key valuation signals for BSP:IGTI4:
PB Ratio: 2.81 (227% above median its 10-year median of 0.86)
GF Value™: R$13.10 vs. price of R$11.35 (13.4% below fair value)
Industry Position: 246.9% above the Real Estate median (#891 of 1715)
No single metric tells the full story. See the BSP:IGTI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iguatemi SA is engaged in the commercial development and planning of shopping malls, as well as the provision of services related to the management of regional shopping centers and mixed-use real estate complexes. The company is also involved in the purchase and sale of properties, operation of short-stay parking facilities, intermediation in the leasing of promotional spaces, investment in other companies, and the provision of economic, financial, and tax advisory and consulting services.
87GF Score
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