Itausa Investimentos ITAUBSP:ITSA3 -0.74%75 PB Ratio is 1.68 as of Jul. 07, 2026, which is 18% above its 10-year median of 1.42. GuruFocus rates BSP:ITSA3 with a GF Score™ of 75/100 and a GF Value™ of R$10.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 548 Conglomerates companies, Itausa Investimentos ITAU ranks worse than 68.98% on this metric.
The historical rank and industry rank for Itausa Investimentos ITAU's PB Ratio or its related term are showing as below:
BSP:ITSA3'
s PB Ratio Range Over the Past 10 Years
Min: 1.05 Med: 1.42 Max: 2.45
Current: 1.68
During the past 13 years, Itausa Investimentos ITAU's highest PB Ratio was 2.45. The lowest was 1.05. And the median was 1.42.
BSP:ITSA3's PB Ratio is ranked worse than 68.98% of 548
companies
in the Conglomerates industry
Industry Median: 1.07
vs BSP:ITSA3: 1.68
During the past 12 months, Itausa Investimentos ITAU's average Book Value Per Share Growth Rate was 4.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Itausa Investimentos ITAU was 20.70% per year. The lowest was 2.70% per year. And the median was 9.90% per year.
Back to Basics: PB Ratio
Itausa Investimentos ITAU (BSP:ITSA3) 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.
Itausa Investimentos ITAU PB Ratio Related Terms
Itausa Investimentos ITAU 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.
For the Conglomerates subindustry, Itausa Investimentos ITAU'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.
Itausa Investimentos ITAU PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Itausa Investimentos ITAU's PB Ratio distribution charts can be found below:
* The bar in red indicates where Itausa Investimentos ITAU'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.
* 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.
Itausa Investimentos ITAU (BSP:ITSA3) has a PB Ratio of 1.68 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Itausa Investimentos ITAU and its competitors. This is 18% above median its historical median of 1.42. Over the past decade, Itausa Investimentos ITAU's PB Ratio has ranged from 1.05 to 2.45. According to the industry distribution chart, Itausa Investimentos ITAU ranks #378 out of 548 companies in the Conglomerates industry, placing it in the top 69%.
Is Itausa Investimentos ITAU's PB Ratio too high?
Itausa Investimentos ITAU's current PB Ratio of 1.68 is 18% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.45. The Conglomerates industry median PB Ratio is 1.07. Itausa Investimentos ITAU's value of 1.68 is 57% above this industry median. Based on the distribution chart, Itausa Investimentos ITAU ranks #378 out of 548 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Itausa Investimentos ITAU has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Itausa Investimentos ITAU's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Itausa Investimentos ITAU ranks #378 out of 548 companies for PB Ratio. This places Itausa Investimentos ITAU in the lower half of its industry. The industry median PB Ratio is 1.07. Itausa Investimentos ITAU's value of 1.68 is 57% above this benchmark. Historically, Itausa Investimentos ITAU's own PB Ratio has ranged from 1.05 to 2.45 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.07, Itausa Investimentos ITAU 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.07, based on 548 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. Itausa Investimentos ITAU's current PB Ratio of 1.68 is 57% 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 Itausa Investimentos ITAU and its competitors. For the Conglomerates industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itausa Investimentos ITAU's current PB Ratio is 1.68, which is 18% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itausa Investimentos ITAU stock overvalued right now?
Based on GuruFocus' analysis, Itausa Investimentos ITAU (BSP:ITSA3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$10.23, compared to a current price of R$13.50 — trading 32% above its estimated fair value. The current PB Ratio is 1.68, which is 18% above median its 10-year median of 1.42 and 57% above the Conglomerates industry median of 1.07. Itausa Investimentos ITAU's overall GF Score™ is 75/100 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 Itausa Investimentos ITAU (BSP:ITSA3), the current PB Ratio is 1.68 as of Jul. 07, 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 Itausa Investimentos ITAU (BSP:ITSA3) Overvalued in 2026?
Based on GuruFocus' analysis, Itausa Investimentos ITAU stock appears to be overvalued.
The current stock price of R$13.50 is trading 32% above its estimated GF Value™ of R$10.23.
GuruFocus considers Itausa Investimentos ITAU to be Significantly Overvalued.
Key valuation signals for BSP:ITSA3:
PB Ratio: 1.68 (18% above median its 10-year median of 1.42)
GF Value™: R$10.23 vs. price of R$13.50 (32% above fair value)
Industry Position: 57% above the Conglomerates median (#378 of 548)
No single metric tells the full story. See the BSP:ITSA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itausa Investimentos ITAU SA is a Brazilian investment holding company. The purpose of the company is to hold equity interests in other companies, in Brazil or abroad, for investment in any sectors of the economy, including through investment funds, disseminating among its investees its principles of appreciation of human capital, governance, and ethics in business. Its portfolio consists of brands such as Itau Unibanco, Motiva, Alpargatas, Aegea, Copa Energia, and Nova Transportadora do Sudeste (NTS). The majority of the revenue for the company is generated from Itau Unibanco, which is a banking institution that offers, directly or using its subsidiaries, a broad range of credit products and other financial services to a diversified individual & corporate client base in Brazil and abroad.
75GF Score
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