Alcomet AD (XBUL:ALCM) PB Ratio : 0.40 (As of May. 14, 2024)

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What is Alcomet AD 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 (2024-05-14), Alcomet AD's share price is лв6.90. Alcomet AD's Book Value per Share for the quarter that ended in Dec. 2022 was лв17.43. Hence, Alcomet AD's PB Ratio of today is 0.40.

Good Sign:

Alcomet AD stock PB Ratio (=0.4) is close to 10-year low of 0.37

The historical rank and industry rank for Alcomet AD's PB Ratio or its related term are showing as below:

XBUL:ALCM' s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.94 Max: 2.22
Current: 0.4

During the past 13 years, Alcomet AD's highest PB Ratio was 2.22. The lowest was 0.37. And the median was 0.94.

XBUL:ALCM's PB Ratio is ranked better than
90.18% of 2392 companies
in the Metals & Mining industry
Industry Median: 1.41 vs XBUL:ALCM: 0.40

During the past 12 months, Alcomet AD's average Book Value Per Share Growth Rate was 54.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alcomet AD was 20.30% per year. The lowest was -2.20% per year. And the median was 9.70% per year.

Back to Basics: PB Ratio

Alcomet AD PB Ratio Historical Data

The historical data trend for Alcomet AD'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.

Alcomet AD PB Ratio Chart

Alcomet AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

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0.99

0.60

0.58

0.67

0.47

Alcomet AD Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
PB Ratio	Get a 7-Day Free Trial											0.99	0.60	0.58	0.67	0.47

Competitive Comparison of Alcomet AD's PB Ratio

For the Aluminum subindustry, Alcomet AD'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.

Alcomet AD's PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcomet AD's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alcomet AD's PB Ratio falls into.

Alcomet AD 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.

Alcomet AD's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2022)
	=	6.90	/	17.431
	=	0.40

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Alcomet AD (XBUL:ALCM) 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.

Alcomet AD PB Ratio Related Terms

Thank you for viewing the detailed overview of Alcomet AD's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Alcomet AD (XBUL:ALCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcomet AD (XBUL:ALCM) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Second Industrial Zone, Shumen, BGR, 9700

Website

https://www.alcomet.eu

Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD (XBUL:ALCM) Headlines

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