Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11) PB Ratio: 0.34 (As of Jul. 16, 2026) — 35% Below Median

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BSP:LMAI11 Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Ltd BSP:LMAI11
70 GF Score
Price R$36.49
GF Value R$86.21
Valuation Significantly Undervalued
View Full Analysis

What is Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp PB Ratio?

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp BSP:LMAI11 -1.19% 70 PB Ratio is 0.34 as of Jul. 16, 2026, which is 35% below its 10-year median of 0.52. GuruFocus rates BSP:LMAI11 with a GF Scoreâ„¢ of 70/100 and a GF Valueâ„¢ of R$86.21 (Significantly Undervalued). Among 922 REITs companies, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp ranks better than 91.76% 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 (2026-07-16), Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's share price is R$36.49. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's Book Value per Share for the quarter that ended in Dec. 2024 was R$106.18. Hence, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's PB Ratio of today is 0.34.

Good Sign:

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Ltd stock PB Ratio (=0.35) is close to 3-year low of 0.34.

The historical rank and industry rank for Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's PB Ratio or its related term are showing as below:

BSP:LMAI11' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.52   Max: 0.8
Current: 0.35

During the past 10 years, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's highest PB Ratio was 0.80. The lowest was 0.30. And the median was 0.52.

BSP:LMAI11's PB Ratio is ranked better than
91.76% of 922 companies
in the REITs industry
Industry Median: 0.86 vs BSP:LMAI11: 0.35

During the past 12 months, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.40% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp was 19.40% per year. The lowest was -1.70% per year. And the median was 2.80% per year.

Back to Basics: PB Ratio


Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp  (BSP:LMAI11) 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.


Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp PB Ratio Related Terms


Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp PB Ratio Historical Data

* Premium members only.

The historical data trend for Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp'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.

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp PB Ratio Chart

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.60 0.71 0.80

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.60 0.71 0.80

BSP:LMAI11 vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp'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.


Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's PB Ratio falls into.


BSP:LMAI11
70GF Score
Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Ltd BSP:LMAI11
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp 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.

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=36.49/106.18
=0.34

* 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 0.34 mean?
Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11) has a PB Ratio of 0.34 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp and its competitors. This is 35% below median its historical median of 0.52. Over the past decade, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's PB Ratio has ranged from 0.30 to 0.80. According to the industry distribution chart, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp ranks #76 out of 922 companies in the REITs industry, placing it in the top 8.2%.
Is Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's PB Ratio too high?
Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's current PB Ratio of 0.34 is 35% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.80. The REITs industry median PB Ratio is 0.86. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's value of 0.34 is 60.5% below this industry median. Based on the distribution chart, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp ranks #76 out of 922 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp ranks #76 out of 922 companies for PB Ratio. This places Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp in the top 8% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's value of 0.34 is 60.5% below this benchmark. Historically, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's own PB Ratio has ranged from 0.30 to 0.80 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.86, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp 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 922 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. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's current PB Ratio of 0.34 is 60.5% 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 Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp 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. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's current PB Ratio is 0.34, which is 35% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp stock overvalued right now?
Based on GuruFocus' analysis, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$86.21, compared to a current price of R$36.49 — trading 57.7% below its estimated fair value. The current PB Ratio is 0.34, which is 35% below median its 10-year median of 0.52 and 60.5% below the REITs industry median of 0.86. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's overall GF Score™ is 70/100. 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 Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11), the current PB Ratio is 0.34 as of Jul. 16, 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 Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11) Overvalued in 2026?

Based on GuruFocus' analysis, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp stock appears to be undervalued. The current stock price of R$36.49 is trading 57.7% below its estimated GF Value™ of R$86.21. GuruFocus considers Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp to be Significantly Undervalued.

Key valuation signals for BSP:LMAI11:

  • PB Ratio: 0.34 (35% below median its 10-year median of 0.52)
  • GF Value™: R$86.21 vs. price of R$36.49 (57.7% below fair value)
  • GF Score™: 70/100
  • Industry Position: 60.5% below the REITs median (#76 of 922)

No single metric tells the full story. See the BSP:LMAI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Business Description

Industry Real EstateREITs
Address Av Faria Lima, 2277, 17th Floor, Vila Olimpia, Sao Paulo, SP, BRA, 01452000
Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Ltd is a real estate investment fund.
70GF Score

Get the complete analysis for BSP:LMAI11

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

R$36.49
Price
R$86.21
GF Value