Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) PB Ratio: 1.82 (As of Jul. 06, 2026)


BSP:NAUI11 Ten Desenvolvimento Fundo De Investimento Imobiliario BSP:NAUI11
7 GF Score
Price R$1,000.00
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What is Ten Desenvolvimento Fundo De Investimento Imobiliario PB Ratio?

Ten Desenvolvimento Fundo De Investimento Imobiliario BSP:NAUI11 7 PB Ratio is 1.82 as of Jul. 06, 2026. GuruFocus rates BSP:NAUI11 with a GF Score™ of 7/100. The stock has 1 warning sign investors should review. Among 931 REITs companies, Ten Desenvolvimento Fundo De Investimento Imobiliario ranks worse than 88.83% 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 (2026-07-06), Ten Desenvolvimento Fundo De Investimento Imobiliario's share price is R$1000.00. Ten Desenvolvimento Fundo De Investimento Imobiliario's Book Value per Share for the quarter that ended in Dec. 2025 was R$549.77. Hence, Ten Desenvolvimento Fundo De Investimento Imobiliario's PB Ratio of today is 1.82.

The historical rank and industry rank for Ten Desenvolvimento Fundo De Investimento Imobiliario's PB Ratio or its related term are showing as below:

BSP:NAUI11' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.82
Current: 1.82

During the past 2 years, Ten Desenvolvimento Fundo De Investimento Imobiliario's highest PB Ratio was 1.82. The lowest was 0.00. And the median was 0.00.

BSP:NAUI11's PB Ratio is ranked worse than
88.83% of 931 companies
in the REITs industry
Industry Median: 0.87 vs BSP:NAUI11: 1.82

During the past 12 months, Ten Desenvolvimento Fundo De Investimento Imobiliario's average Book Value Per Share Growth Rate was -0.10% per year.

Back to Basics: PB Ratio


Ten Desenvolvimento Fundo De Investimento Imobiliario  (BSP:NAUI11) 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.


Ten Desenvolvimento Fundo De Investimento Imobiliario PB Ratio Related Terms


Ten Desenvolvimento Fundo De Investimento Imobiliario PB Ratio Historical Data

* Premium members only.

The historical data trend for Ten Desenvolvimento 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.

Ten Desenvolvimento Fundo De Investimento Imobiliario PB Ratio Chart

Ten Desenvolvimento Fundo De Investimento Imobiliario Annual Data
Trend Dec24 Dec25
PB Ratio
0.00 2.00

Ten Desenvolvimento Fundo De Investimento Imobiliario Quarterly Data
Dec24 Dec25
PB Ratio 0.00 2.00

BSP:NAUI11 vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, Ten Desenvolvimento 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.


Ten Desenvolvimento Fundo De Investimento Imobiliario PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Ten Desenvolvimento Fundo De Investimento Imobiliario's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ten Desenvolvimento Fundo De Investimento Imobiliario's PB Ratio falls into.


BSP:NAUI11
7GF Score
Ten Desenvolvimento Fundo De Investimento Imobiliario BSP:NAUI11
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ten Desenvolvimento 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.

Ten Desenvolvimento Fundo De Investimento Imobiliario's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=1000.00/549.769
=1.82

* 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 1.82 mean?
Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) has a PB Ratio of 1.82 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ten Desenvolvimento Fundo De Investimento Imobiliario and its competitors. According to the industry distribution chart, Ten Desenvolvimento Fundo De Investimento Imobiliario ranks #827 out of 931 companies in the REITs industry, placing it in the top 88.8%.
Is Ten Desenvolvimento Fundo De Investimento Imobiliario's PB Ratio too high?
Ten Desenvolvimento Fundo De Investimento Imobiliario's current PB Ratio is 1.82. The REITs industry median PB Ratio is 0.87. Ten Desenvolvimento Fundo De Investimento Imobiliario's value of 1.82 is 109.2% above this industry median. Based on the distribution chart, Ten Desenvolvimento Fundo De Investimento Imobiliario ranks #827 out of 931 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ten Desenvolvimento Fundo De Investimento Imobiliario has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Ten Desenvolvimento Fundo De Investimento Imobiliario's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Ten Desenvolvimento Fundo De Investimento Imobiliario ranks #827 out of 931 companies for PB Ratio. This places Ten Desenvolvimento Fundo De Investimento Imobiliario in the lower half of its industry. The industry median PB Ratio is 0.87. Ten Desenvolvimento Fundo De Investimento Imobiliario's value of 1.82 is 109.2% above this benchmark. 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. Ten Desenvolvimento Fundo De Investimento Imobiliario's current PB Ratio of 1.82 is 109.2% 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 Ten Desenvolvimento Fundo De Investimento Imobiliario 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. Ten Desenvolvimento Fundo De Investimento Imobiliario's current PB Ratio is 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Desenvolvimento Fundo De Investimento Imobiliario stock overvalued right now?
Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) has a current PB Ratio of 1.82. The current PB Ratio is 1.82 and 109.2% above the REITs industry median of 0.87. Ten Desenvolvimento Fundo De Investimento Imobiliario's overall GF Score™ is 7/100 with 1 warning sign 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 Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11), the current PB Ratio is 1.82 as of Jul. 06, 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.

Ten Desenvolvimento Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Gilberto Sabino Street, 215, 4th FLOOR, Pinheiros, Sao Paulo, SP, BRA, 5425020
Ten Desenvolvimento Fundo De Investimento Imobiliario is a real estate investment fund. The FUND aims to provide through investments: (i) in the acquisition of Real Estate; (ii) in the acquisition of shares in a company whose purpose is to develop projects and/or a developer duly contracted by the SPE for this purpose; and (iii) in investing in financial applications under the terms and limits of current legislation; aiming to make the investments made by the Quotaholders profitable through (a) the payment of remuneration arising from the exploitation of the Target Properties and/or real rights over such properties, which may be acquired the appreciation of the Fund's assets.
7GF Score

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