Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario (BSP:PMFO11) PB Ratio: 0.96 (As of Jul. 03, 2026) — Near Median


BSP:PMFO11 Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario BSP:PMFO11
9 GF Score
Price R$86.86
! 1 Warning Sign
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What is Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario PB Ratio?

Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario BSP:PMFO11 9 PB Ratio is 0.96 as of Jul. 03, 2026, which is 8% below its 10-year median of 1.04. GuruFocus rates BSP:PMFO11 with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 1,600 Asset Management companies, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario ranks better than 50.81% 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 (2026-07-03), Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's share price is R$86.86. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's Book Value per Share for the quarter that ended in Dec. 2025 was R$90.69. Hence, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's PB Ratio of today is 0.96.

The historical rank and industry rank for Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's PB Ratio or its related term are showing as below:

BSP:PMFO11' s PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.04   Max: 1.09
Current: 0.96

During the past 3 years, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's highest PB Ratio was 1.09. The lowest was 0.96. And the median was 1.04.

BSP:PMFO11's PB Ratio is ranked better than
50.81% of 1600 companies
in the Asset Management industry
Industry Median: 0.96 vs BSP:PMFO11: 0.96

During the past 12 months, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's average Book Value Per Share Growth Rate was 9.60% per year.

Back to Basics: PB Ratio


Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario  (BSP:PMFO11) 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.


Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario PB Ratio Related Terms


Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario PB Ratio Historical Data

* Premium members only.

The historical data trend for Speciale Real Estate Fund of Funds 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.

Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario PB Ratio Chart

Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario Annual Data
Trend Dec23 Dec24 Dec25
PB Ratio
1.02 1.09 0.97

Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario Semi-Annual Data
Dec23 Dec24 Dec25
PB Ratio 1.02 1.09 0.97

BSP:PMFO11 vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Speciale Real Estate Fund of Funds 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.


Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's PB Ratio distribution charts can be found below:

* The bar in red indicates where Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's PB Ratio falls into.


BSP:PMFO11
9GF Score
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario BSP:PMFO11
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Speciale Real Estate Fund of Funds 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.

Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=86.86/90.689
=0.96

* 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 0.96 mean?
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario (BSP:PMFO11) has a PB Ratio of 0.96 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario and its competitors. This is near median its historical median of 1.04. Over the past decade, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's PB Ratio has ranged from 0.96 to 1.09. According to the industry distribution chart, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario ranks #787 out of 1600 companies in the Asset Management industry, placing it in the top 49.2%.
Is Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's PB Ratio too high?
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's current PB Ratio of 0.96 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 1.09. The Asset Management industry median PB Ratio is 0.96. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's value of 0.96 is 0% at this industry median. Based on the distribution chart, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario ranks #787 out of 1600 companies in the Asset Management industry, which is above the industry midpoint. Overall, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario ranks #787 out of 1600 companies for PB Ratio. This puts Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario in the upper half of its industry. The industry median PB Ratio is 0.96. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's value of 0.96 is 0% at this benchmark. Historically, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's own PB Ratio has ranged from 0.96 to 1.09 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 0.96, Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario has consistently been at 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 0.96, based on 1,600 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. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's current PB Ratio of 0.96 is 0% at 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 Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's current PB Ratio is 0.96, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario stock overvalued right now?
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario (BSP:PMFO11) has a current PB Ratio of 0.96. The current PB Ratio is 0.96, which is near median its 10-year median of 1.04 and 0% at the Asset Management industry median of 0.96. Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario's overall GF Score™ is 9/100 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 Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario (BSP:PMFO11), the current PB Ratio is 0.96 as of Jul. 03, 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.

Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario Business Description

Address Avenida Paulista 1793, São Paulo, SP, BRA, CEP 1311200
Speciale Real Estate Fund of Funds Fundo DE Investimento Imobiliario is a fund classified as an Active Management FII and is intended to business segment which is Bonds and Securities. The purpose of the FUND is to invest in following securities, subject to the requirements and provisions relating to the investments contained in the Regulation shares of other real estate investment funds (FII), primarily mortgage bills (LH), real estate letters of credit (LCI),real estate receivables.
9GF Score

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

R$86.86
Price