Fundo Investimento Imobiliario Plus (BSP:VTPL11) PB Ratio: 0.55 (As of Jun. 27, 2026) — 23% Below Median


BSP:VTPL11 Fundo Investimento Imobiliario Plus BSP:VTPL11
8 GF Score
Price R$65.90
! 2 Warning Signs
View Full Analysis

What is Fundo Investimento Imobiliario Plus PB Ratio?

Fundo Investimento Imobiliario Plus BSP:VTPL11 8 PB Ratio is 0.55 as of Jun. 27, 2026, which is 23% below its 10-year median of 0.71. GuruFocus rates BSP:VTPL11 with a GF Score™ of 8/100. The stock has 2 warning signs investors should review.

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 (2026-06-27), Fundo Investimento Imobiliario Plus's share price is R$65.90. Fundo Investimento Imobiliario Plus's Book Value per Share for the quarter that ended in Dec. 2025 was R$119.70. Hence, Fundo Investimento Imobiliario Plus's PB Ratio of today is 0.55.

Good Sign:

Fundo Investimento Imobiliario Plus stock PB Ratio (=0.55) is close to 2-year low of 0.55.

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

BSP:VTPL11' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.71   Max: 1
Current: 0.55

During the past 9 years, Fundo Investimento Imobiliario Plus's highest PB Ratio was 1.00. The lowest was 0.55. And the median was 0.71.

BSP:VTPL11's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.87 vs BSP:VTPL11: 0.55

During the past 12 months, Fundo Investimento Imobiliario Plus's average Book Value Per Share Growth Rate was 18.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.70% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Fundo Investimento Imobiliario Plus was 15.80% per year. The lowest was -8.50% per year. And the median was -3.65% per year.

Back to Basics: PB Ratio


Fundo Investimento Imobiliario Plus  (BSP:VTPL11) 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 Plus PB Ratio Related Terms


Fundo Investimento Imobiliario Plus PB Ratio Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario Plus'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 Plus PB Ratio Chart

Fundo Investimento Imobiliario Plus Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.71 0.55

Fundo Investimento Imobiliario Plus Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.71 0.55

BSP:VTPL11 vs : PB Ratio Comparison

For the REIT - Specialty subindustry, Fundo Investimento Imobiliario Plus'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 Plus PB Ratio vs REITs Industry

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

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


BSP:VTPL11
8GF Score
Fundo Investimento Imobiliario Plus BSP:VTPL11
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Investimento Imobiliario Plus 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 Plus's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=65.90/119.704
=0.55

* 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 0.55 mean?
Fundo Investimento Imobiliario Plus (BSP:VTPL11) has a PB Ratio of 0.55 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fundo Investimento Imobiliario Plus and its competitors. This is 23% below median its historical median of 0.71. Over the past decade, Fundo Investimento Imobiliario Plus' PB Ratio has ranged from 0.55 to 1.00.
Is Fundo Investimento Imobiliario Plus' PB Ratio too high?
Fundo Investimento Imobiliario Plus' current PB Ratio of 0.55 is 23% below median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.00. The REITs industry median PB Ratio is 0.87. Fundo Investimento Imobiliario Plus' value of 0.55 is 36.8% below this industry median. Overall, Fundo Investimento Imobiliario Plus has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario Plus' PB Ratio compare to ?
Fundo Investimento Imobiliario Plus' PB Ratio of 0.55 can be compared against companies in the REITs industry. The industry median PB Ratio is 0.87. Fundo Investimento Imobiliario Plus' value of 0.55 is 36.8% below this benchmark. Historically, Fundo Investimento Imobiliario Plus' own PB Ratio has ranged from 0.55 to 1.00 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.87, Fundo Investimento Imobiliario Plus 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 0.87, based on 929 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. Fundo Investimento Imobiliario Plus's current PB Ratio of 0.55 is 36.8% 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 Fundo Investimento Imobiliario Plus and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Investimento Imobiliario Plus's current PB Ratio is 0.55, which is 23% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario Plus stock overvalued right now?
Fundo Investimento Imobiliario Plus (BSP:VTPL11) has a current PB Ratio of 0.55. The current PB Ratio is 0.55, which is 23% below median its 10-year median of 0.71 and 36.8% below the REITs industry median of 0.87. Fundo Investimento Imobiliario Plus' overall GF Score™ is 8/100 with 2 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 Fundo Investimento Imobiliario Plus (BSP:VTPL11), the current PB Ratio is 0.55 as of Jun. 27, 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.

Fundo Investimento Imobiliario Plus Business Description

Industry Real EstateREITs
Comparable Companies
Address Praia de Botafogo, 501, 6th Floor- Botafogo, Rio de Janeiro, RJ, BRA, 22250-040
Fundo Investimento Imobiliario Plus operates as a real estate investment fund.
8GF Score

Get the complete analysis for BSP:VTPL11

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

R$65.90
Price