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Altex Industries's book value per share for the quarter that ended in Mar. 2026 was $0.11.
During the past 12 months, Altex Industries's average Book Value Per Share Growth Rate was -8.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Altex Industries was 32.60% per year. The lowest was -15.20% per year. And the median was -2.40% per year.
Altex Industries's current price is $0.20. Its book value per share for the quarter that ended in Mar. 2026 was $0.11. Hence, today's PB Ratio of Altex Industries is 1.77.
During the past 13 years, the highest P/B Ratio of Altex Industries was 3.41. The lowest was 0.54. And the median was 0.91.
Good Sign:
Altex Industries Inc stock PB Ratio (=1.77) is close to 1-year low of 1.77.
Altex Industries (OTCPK:ALTX) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Altex Industries Book Value per Share Related Terms
Altex Industries Book Value per Share Historical Data
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The historical data trend for Altex Industries's Book Value per Share 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.
ALTX vs CRCE, FECOF, ROYL: Book Value per Share Comparison
For the Oil & Gas E&P subindustry, Altex Industries'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.
Altex Industries PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Altex Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Altex Industries's PB Ratio 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.
Altex Industries (ALTX) has a Book Value per Share of $0.11 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Altex Industries and its competitors.
Is Altex Industries' Book Value per Share too high?
Altex Industries' current Book Value per Share is $0.11. Overall, Altex Industries has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' Book Value per Share compare to CRCE and FECOF?
Altex Industries' Book Value per Share of $0.11 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Oil & Gas company?
A good Book Value per Share depends on the Oil & Gas industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Altex Industries and its competitors. Altex Industries's current Book Value per Share is $0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.20 — trading 100% above its estimated fair value. The current Book Value per Share is $0.11. Altex Industries' overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Altex Industries (ALTX), the current Book Value per Share is $0.11 as of Mar. 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.
Is Altex Industries (ALTX) Overvalued in 2026?
Based on GuruFocus' analysis, Altex Industries stock appears to be overvalued.
The current stock price of $0.20 is trading 100% above its estimated GF Value™ of $0.10.
GuruFocus considers Altex Industries to be Significantly Overvalued.
Key valuation signals for ALTX:
Book Value per Share: $0.11
GF Value™: $0.10 vs. price of $0.20 (100% above fair value)
No single metric tells the full story. See the ALTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altex Industries Inc. is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and the completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
21GF Score
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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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