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Panama Real Estate Development FundXPTY:REDFUNDEV6 35 Price-to-Tangible-Book is 0.81 as of Jul. 22, 2026, which is 63% below its 10-year median of 2.16. GuruFocus rates XPTY:REDFUNDEV6 with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 1,536 Asset Management companies, Panama Real Estate Development Fund ranks worse than 87.17% on this metric.
The historical rank and industry rank for Panama Real Estate Development Fund's Price-to-Tangible-Book or its related term are showing as below:
XPTY:REDFUNDEV6'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.16 Med: 2.16 Max: 2.76
Current: 2.76
During the past 2 years, Panama Real Estate Development Fund's highest Price to Tangible Book Ratio was 2.76. The lowest was 2.16. And the median was 2.16.
XPTY:REDFUNDEV6's Price-to-Tangible-Book is ranked worse than 87.17% of 1536
companies
in the Asset Management industry
Industry Median: 0.95
vs XPTY:REDFUNDEV6: 2.76
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Panama Real Estate Development Fund Price-to-Tangible-Book Related Terms
Panama Real Estate Development Fund Price-to-Tangible-Book 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.
Panama Real Estate Development Fund Price-to-Tangible-Book Chart
Panama Real Estate Development Fund Annual Data
Trend
Dec24
Dec25
Price-to-Tangible-Book
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Panama Real Estate Development Fund Semi-Annual Data
Dec24
Dec25
Price-to-Tangible-Book
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XPTY:REDFUNDEV6 vs BLK, BX, KKR: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Panama Real Estate Development Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Panama Real Estate Development Fund Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Panama Real Estate Development Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Panama Real Estate Development Fund's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Panama Real Estate Development Fund (XPTY:REDFUNDEV6) has a Price-to-Tangible-Book of 0.81 as of Jul. 22, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Panama Real Estate Development Fund and its competitors. This is 63% below median its historical median of 2.16. Over the past decade, Panama Real Estate Development Fund's Price-to-Tangible-Book has ranged from 2.16 to 2.76. According to the industry distribution chart, Panama Real Estate Development Fund ranks #1339 out of 1536 companies in the Asset Management industry, placing it in the top 87.2%.
Is Panama Real Estate Development Fund's Price-to-Tangible-Book too high?
Panama Real Estate Development Fund's current Price-to-Tangible-Book of 0.81 is 63% below median its 10-year median of 2.16. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 2.76. The Asset Management industry median Price-to-Tangible-Book is 0.95. Panama Real Estate Development Fund's value of 0.81 is 14.7% below this industry median. Based on the distribution chart, Panama Real Estate Development Fund ranks #1339 out of 1536 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Panama Real Estate Development Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Panama Real Estate Development Fund's Price-to-Tangible-Book compare to BLK and BX?
According to the Asset Management industry distribution chart, Panama Real Estate Development Fund ranks #1339 out of 1536 companies for Price-to-Tangible-Book. This places Panama Real Estate Development Fund in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.95. Panama Real Estate Development Fund's value of 0.81 is 14.7% below this benchmark. Historically, Panama Real Estate Development Fund's own Price-to-Tangible-Book has ranged from 2.16 to 2.76 over the past decade. While the company's 10-year median is 2.16 vs. the industry median of 0.95, Panama Real Estate Development Fund 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 Price-to-Tangible-Book for an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.95, based on 1,536 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Panama Real Estate Development Fund's current Price-to-Tangible-Book of 0.81 is 14.7% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Panama Real Estate Development Fund and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panama Real Estate Development Fund's current Price-to-Tangible-Book is 0.81, which is 63% below median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panama Real Estate Development Fund stock overvalued right now?
Panama Real Estate Development Fund (XPTY:REDFUNDEV6) has a current Price-to-Tangible-Book of 0.81. The current Price-to-Tangible-Book is 0.81, which is 63% below median its 10-year median of 2.16 and 14.7% below the Asset Management industry median of 0.95. Panama Real Estate Development Fund's overall GF Score™ is 35/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Panama Real Estate Development Fund (XPTY:REDFUNDEV6), the current Price-to-Tangible-Book is 0.81 as of Jul. 22, 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.
Panama Real Estate Development Fund Business Description
Panama Real Estate Development Fund Inc is a real estate investment vehicle that provides institutional and private banking investors with exposure to the Panamanian real estate market. It focuses on investments in real estate development projects and income-generating, stabilized assets.
35GF Score
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