Construtora Tenda (BSP:TEND3) PB Ratio: 3.26 (As of Jun. 25, 2026) — 102% Above Median


BSP:TEND3 Construtora Tenda SA BSP:TEND3
68 GF Score
Price R$36.16
GF Value R$20.57
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Construtora Tenda PB Ratio?

Construtora Tenda BSP:TEND3 +3.31% 68 PB Ratio is 3.26 as of Jun. 25, 2026, which is 102% above its 10-year median of 1.61. GuruFocus rates BSP:TEND3 with a GF Score™ of 68/100 and a GF Value™ of R$20.57 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,711 Real Estate companies, Construtora Tenda ranks worse than 90.65% 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 (2026-06-25), Construtora Tenda's share price is R$36.16. Construtora Tenda's Book Value per Share for the quarter that ended in Mar. 2026 was R$11.08. Hence, Construtora Tenda's PB Ratio of today is 3.26.

Warning Sign:

Construtora Tenda SA stock PB Ratio (=3.07) is close to 10-year high of 3.34.

The historical rank and industry rank for Construtora Tenda's PB Ratio or its related term are showing as below:

BSP:TEND3' s PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1.61   Max: 3.34
Current: 3.26

During the past 13 years, Construtora Tenda's highest PB Ratio was 3.34. The lowest was 0.34. And the median was 1.61.

BSP:TEND3's PB Ratio is ranked worse than
90.65% of 1711 companies
in the Real Estate industry
Industry Median: 0.82 vs BSP:TEND3: 3.26

During the past 12 months, Construtora Tenda's average Book Value Per Share Growth Rate was 25.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Construtora Tenda was 45.70% per year. The lowest was -22.70% per year. And the median was 9.75% per year.

Back to Basics: PB Ratio


Construtora Tenda  (BSP:TEND3) 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.


Construtora Tenda PB Ratio Related Terms


Construtora Tenda PB Ratio Historical Data

* Premium members only.

The historical data trend for Construtora Tenda'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.

Construtora Tenda PB Ratio Chart

Construtora Tenda Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.60 2.12 1.62 2.48

Construtora Tenda Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 2.54 2.61 2.48 2.82

Construtora Tenda PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Construtora Tenda'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.


Construtora Tenda PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Construtora Tenda's PB Ratio distribution charts can be found below:

* The bar in red indicates where Construtora Tenda's PB Ratio falls into.


BSP:TEND3
68GF Score
Construtora Tenda SA BSP:TEND3
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Construtora Tenda 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.

Construtora Tenda's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=36.16/11.078
=3.26

* 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 3.26 mean?
Construtora Tenda (BSP:TEND3) has a PB Ratio of 3.26 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Construtora Tenda and its competitors. This is 102% above median its historical median of 1.61. Over the past decade, Construtora Tenda's PB Ratio has ranged from 0.34 to 3.34. According to the industry distribution chart, Construtora Tenda ranks #1551 out of 1711 companies in the Real Estate industry, placing it in the top 90.6%.
Is Construtora Tenda's PB Ratio too high?
Construtora Tenda's current PB Ratio of 3.26 is 102% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 3.34. The Real Estate industry median PB Ratio is 0.82. Construtora Tenda's value of 3.26 is 297.6% above this industry median. Based on the distribution chart, Construtora Tenda ranks #1551 out of 1711 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Construtora Tenda has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construtora Tenda's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Construtora Tenda ranks #1551 out of 1711 companies for PB Ratio. This places Construtora Tenda in the lower half of its industry. The industry median PB Ratio is 0.82. Construtora Tenda's value of 3.26 is 297.6% above this benchmark. Historically, Construtora Tenda's own PB Ratio has ranged from 0.34 to 3.34 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 0.82, Construtora Tenda 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,711 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. Construtora Tenda's current PB Ratio of 3.26 is 297.6% 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 Construtora Tenda and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construtora Tenda's current PB Ratio is 3.26, which is 102% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construtora Tenda stock overvalued right now?
Based on GuruFocus' analysis, Construtora Tenda (BSP:TEND3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$20.57, compared to a current price of R$36.16 — trading 75.8% above its estimated fair value. The current PB Ratio is 3.26, which is 102% above median its 10-year median of 1.61 and 297.6% above the Real Estate industry median of 0.82. Construtora Tenda's overall GF Score™ is 68/100 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 Construtora Tenda (BSP:TEND3), the current PB Ratio is 3.26 as of Jun. 25, 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 Construtora Tenda (BSP:TEND3) Overvalued in 2026?

Based on GuruFocus' analysis, Construtora Tenda stock appears to be overvalued. The current stock price of R$36.16 is trading 75.8% above its estimated GF Value™ of R$20.57. GuruFocus considers Construtora Tenda to be Significantly Overvalued.

Key valuation signals for BSP:TEND3:

  • PB Ratio: 3.26 (102% above median its 10-year median of 1.61)
  • GF Value™: R$20.57 vs. price of R$36.16 (75.8% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 297.6% above the Real Estate median (#1551 of 1711)

No single metric tells the full story. See the BSP:TEND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Construtora Tenda Business Description

Address Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001
Construtora Tenda SA is engaged in the performance of general construction works: the merger of property; the purchase and sale of properties; providing construction management services; intermediating the sale of consortium shares; and participation in other companies. Subsidiaries share the managerial, operating structures, and corporate costs. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings. It has two segments On-site and Off-site.
68GF Score

Get the complete analysis for BSP:TEND3

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

R$36.16
Price
R$20.57
GF Value