Fundo Investimento Imobiliario TG Ativo Real (BSP:TGAR11) PB Ratio: (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:TGAR11 Fundo Investimento Imobiliario TG Ativo Real BSP:TGAR11
12 GF Score
Price R$51.39
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What is Fundo Investimento Imobiliario TG Ativo Real PB Ratio?

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 (2026-07-17), Fundo Investimento Imobiliario TG Ativo Real's share price is R$51.39. Fundo Investimento Imobiliario TG Ativo Real's Book Value per Share for the fiscal year that ended in . 20 was R$0.00. Hence, Fundo Investimento Imobiliario TG Ativo Real's PB Ratio of today is .

The historical rank and industry rank for Fundo Investimento Imobiliario TG Ativo Real's PB Ratio or its related term are showing as below:

BSP:TGAR11's PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.86
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Fundo Investimento Imobiliario TG Ativo Real  (BSP:TGAR11) 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.


Fundo Investimento Imobiliario TG Ativo Real PB Ratio Related Terms


Fundo Investimento Imobiliario TG Ativo Real PB Ratio Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario TG Ativo Real'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.

Fundo Investimento Imobiliario TG Ativo Real PB Ratio Chart

Fundo Investimento Imobiliario TG Ativo Real Annual Data
Trend
PB Ratio

Fundo Investimento Imobiliario TG Ativo Real Semi-Annual Data
PB Ratio

BSP:TGAR11 vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario TG Ativo Real'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.


Fundo Investimento Imobiliario TG Ativo Real PB Ratio vs REITs Industry

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

* The bar in red indicates where Fundo Investimento Imobiliario TG Ativo Real's PB Ratio falls into.


BSP:TGAR11
12GF Score
Fundo Investimento Imobiliario TG Ativo Real BSP:TGAR11
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo Investimento Imobiliario TG Ativo Real 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.

Fundo Investimento Imobiliario TG Ativo Real's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=51.39/
=

* 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.


Fundo Investimento Imobiliario TG Ativo Real Business Description

Industry Real EstateREITs
Address Rua Gilberto Sabino, 215, Conjunto 41, Sala 2, Pinheiros, Sao Paulo, BRA, 5425020
Fundo Investimento Imobiliario TG Ativo Real, formely TG Ativo Real Fundo de Investimento Imobiliario is a real estate investment trust engaged in the real estate sector.
12GF Score

Get the complete analysis for BSP:TGAR11

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

R$51.39
Price