Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario (BSP:VSLH11) PB Ratio: 0.18 (As of Jul. 15, 2026) — 47% Below Median

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BSP:VSLH11 Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario BSP:VSLH11
28 GF Score
Price R$1.77
! 1 Warning Sign
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What is Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario PB Ratio?

Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario BSP:VSLH11 -1.12% 28 PB Ratio is 0.18 as of Jul. 15, 2026, which is 47% below its 10-year median of 0.34. GuruFocus rates BSP:VSLH11 with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 923 REITs companies, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario ranks better than 98.05% 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 (2026-07-15), Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's share price is R$1.77. Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's Book Value per Share for the quarter that ended in Jun. 2025 was R$10.08. Hence, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's PB Ratio of today is 0.18.

The historical rank and industry rank for Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's PB Ratio or its related term are showing as below:

BSP:VSLH11' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.34   Max: 2.39
Current: 0.18

During the past 4 years, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's highest PB Ratio was 2.39. The lowest was 0.16. And the median was 0.34.

BSP:VSLH11's PB Ratio is ranked better than
98.05% of 923 companies
in the REITs industry
Industry Median: 0.86 vs BSP:VSLH11: 0.18

During the past 12 months, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's average Book Value Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 38.20% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario was 38.20% per year. The lowest was 38.20% per year. And the median was 38.20% per year.

Back to Basics: PB Ratio


Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario  (BSP:VSLH11) 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.


Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario PB Ratio Related Terms


Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario PB Ratio Historical Data

* Premium members only.

The historical data trend for Versalhes Recebiveis Imobiliarios - 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.

Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario PB Ratio Chart

Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario Annual Data
Trend Jun21 Jun22 Jun23 Jun24
PB Ratio
0.00 0.88 0.49 0.30

Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio 0.00 0.88 0.49 0.30 0.29

BSP:VSLH11 vs VICI, WPC: PB Ratio Comparison

For the REIT - Diversified subindustry, Versalhes Recebiveis Imobiliarios - 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.


Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's PB Ratio distribution charts can be found below:

* The bar in red indicates where Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's PB Ratio falls into.


BSP:VSLH11
28GF Score
Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario BSP:VSLH11
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Versalhes Recebiveis 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.

Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=1.77/10.083
=0.18

* 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 0.18 mean?
Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario (BSP:VSLH11) has a PB Ratio of 0.18 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario and its competitors. This is 47% below median its historical median of 0.34. Over the past decade, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's PB Ratio has ranged from 0.16 to 2.39. According to the industry distribution chart, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario ranks #18 out of 923 companies in the REITs industry, placing it in the top 2%.
Is Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's PB Ratio too high?
Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's current PB Ratio of 0.18 is 47% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 2.39. The REITs industry median PB Ratio is 0.86. Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's value of 0.18 is 79.1% below this industry median. Based on the distribution chart, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario ranks #18 out of 923 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario ranks #18 out of 923 companies for PB Ratio. This places Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario in the top 2% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.86. Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's value of 0.18 is 79.1% below this benchmark. Historically, Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's own PB Ratio has ranged from 0.16 to 2.39 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.86, Versalhes Recebiveis 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 a REITs company?
The median PB Ratio among REITs companies is 0.86, based on 923 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. Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's current PB Ratio of 0.18 is 79.1% 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 Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's current PB Ratio is 0.18, which is 47% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario stock overvalued right now?
Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario (BSP:VSLH11) has a current PB Ratio of 0.18. The current PB Ratio is 0.18, which is 47% below median its 10-year median of 0.34 and 79.1% below the REITs industry median of 0.86. Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario's overall GF Score™ is 28/100 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 Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario (BSP:VSLH11), the current PB Ratio is 0.18 as of Jul. 15, 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.

Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Rua Gilberto Sabino, 215, 4th Floor, Pinheiros, São Paulo, SP, BRA, 5425020
Versalhes Recebiveis Imobiliarios - Fundo DE Investimento Imobiliario invests primarily in real estate-backed securities (CRI) always seeking asymmetry between risk and return. The fund evaluates investments in equities and/or other real estate funds that have complementary strategies.
28GF Score

Get the complete analysis for BSP:VSLH11

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

R$1.77
Price