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Trx Real Estate Fundo Investimento Imobiliario (BSP:TRXF11) PB Ratio : 1.04 (As of May. 22, 2024)


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What is Trx Real Estate Fundo Investimento Imobiliario 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 (2024-05-22), Trx Real Estate Fundo Investimento Imobiliario's share price is R$109.09. Trx Real Estate Fundo Investimento Imobiliario's Book Value per Share for the quarter that ended in Dec. 2022 was R$104.83. Hence, Trx Real Estate Fundo Investimento Imobiliario's PB Ratio of today is 1.04.

Good Sign:

Trx Real Estate Fundo Investimento Imobiliario stock PB Ratio (=1.04) is close to 2-year low of 0.97

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

BSP:TRXF11' s PB Ratio Range Over the Past 10 Years
Min: 0.9   Med: 1.02   Max: 1.16
Current: 1.04

During the past 4 years, Trx Real Estate Fundo Investimento Imobiliario's highest PB Ratio was 1.16. The lowest was 0.90. And the median was 1.02.

BSP:TRXF11's PB Ratio is ranked worse than
71.06% of 850 companies
in the REITs industry
Industry Median: 0.83 vs BSP:TRXF11: 1.04

During the past 12 months, Trx Real Estate Fundo Investimento Imobiliario's average Book Value Per Share Growth Rate was 7.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Trx Real Estate Fundo Investimento Imobiliario was 2.00% per year. The lowest was 2.00% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio


Trx Real Estate Fundo Investimento Imobiliario PB Ratio Historical Data

The historical data trend for Trx Real Estate Fundo 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.

* Premium members only.

Trx Real Estate Fundo Investimento Imobiliario PB Ratio Chart

Trx Real Estate Fundo Investimento Imobiliario Annual Data
Trend Dec19 Dec20 Dec21 Dec22
PB Ratio
- 0.97 1.02 1.00

Trx Real Estate Fundo Investimento Imobiliario Semi-Annual Data
Dec19 Dec20 Dec21 Dec22
PB Ratio - 0.97 1.02 1.00

Competitive Comparison of Trx Real Estate Fundo Investimento Imobiliario's PB Ratio

For the REIT - Diversified subindustry, Trx Real Estate Fundo 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.


Trx Real Estate Fundo Investimento Imobiliario's PB Ratio Distribution in the REITs Industry

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

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



Trx Real Estate Fundo 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.

Trx Real Estate Fundo Investimento Imobiliario's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=109.09/104.834
=1.04

* 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.


Trx Real Estate Fundo Investimento Imobiliario  (BSP:TRXF11) 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.


Trx Real Estate Fundo Investimento Imobiliario PB Ratio Related Terms

Thank you for viewing the detailed overview of Trx Real Estate Fundo Investimento Imobiliario's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Trx Real Estate Fundo Investimento Imobiliario (BSP:TRXF11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua Iguatemi, 151, 19th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 01451011
Trx Real Estate Fundo Investimento Imobiliario is focused on distributing income and dividends to its shareholders through active management that seeks to maximize returns through the acquisition, development and sale of properties leased preferably to large companies under long-term contracts.

Trx Real Estate Fundo Investimento Imobiliario (BSP:TRXF11) Headlines

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