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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.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario PB Ratio Related Terms
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario 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.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario PB Ratio Chart
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Annual Data
Trend
Dec23
Dec24
Dec25
PB Ratio
0.00
0.76
0.92
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Semi-Annual Data
* 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.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario PB Ratio vs Asset Management Industry
Santander Papeis Imobiliarios 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.
* 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.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) has a PB Ratio of 0.91 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 Santander Papeis Imobiliarios Fundo De Investimento Imobiliario and its competitors. This is near median its historical median of 0.90. Over the past decade, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's PB Ratio has ranged from 0.74 to 0.94. According to the industry distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #624 out of 1602 companies in the Asset Management industry, placing it in the top 39%.
Is Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's PB Ratio too high?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current PB Ratio of 0.91 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 0.94. The Asset Management industry median PB Ratio is 0.96. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's value of 0.91 is 5.2% below this industry median. Based on the distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #624 out of 1602 companies in the Asset Management industry, which is above the industry midpoint. Overall, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario ranks #624 out of 1602 companies for PB Ratio. This puts Santander Papeis Imobiliarios Fundo De Investimento Imobiliario in the upper half of its industry. The industry median PB Ratio is 0.96. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's value of 0.91 is 5.2% below this benchmark. Historically, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's own PB Ratio has ranged from 0.74 to 0.94 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.96, Santander Papeis Imobiliarios Fundo De Investimento Imobiliario 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,602 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. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current PB Ratio of 0.91 is 5.2% 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 Santander Papeis Imobiliarios 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. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's current PB Ratio is 0.91, which is near median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santander Papeis Imobiliarios Fundo De Investimento Imobiliario stock overvalued right now?
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11) has a current PB Ratio of 0.91. The current PB Ratio is 0.91, which is near median its 10-year median of 0.90 and 5.2% below the Asset Management industry median of 0.96. Santander Papeis Imobiliarios Fundo De Investimento Imobiliario's overall GF Score™ is 17/100 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 Santander Papeis Imobiliarios Fundo De Investimento Imobiliario (BSP:SAPI11), the current PB Ratio is 0.91 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.
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario Business Description
Santander Papeis Imobiliarios Fundo De Investimento Imobiliario is a Real Estate Fund that invests mainly in CRI's (Real Estate Receivables Certificates). The Fund's objective is to seek out businesses with low credit risk, diversifying the allocation in CRIs indexed to the IPCA and/or CDI, in addition to having monthly distribution of dividends.
17GF Score
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