ALBKY (Alpha Services and Holdings) Cyclically Adjusted Book per Share: $1.57 (As of Mar. 2026)


ALBKY Alpha Services and Holdings SA ALBKY
33 GF Score
Price $1.15
GF Value $0.39
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Alpha Services and Holdings Cyclically Adjusted Book per Share?

Alpha Services and Holdings ALBKY -1.20% 33 Cyclically Adjusted Book per Share is $1.57 as of Mar. 2026. GuruFocus rates ALBKY with a GF Score™ of 33/100 and a GF Value™ of $0.39 (Significantly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Alpha Services and Holdings's adjusted book value per share for the three months ended in Mar. 2026 was $1.124. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $1.57 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Alpha Services and Holdings's average Cyclically Adjusted Book Growth Rate was -22.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -33.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -33.70% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Alpha Services and Holdings was -28.80% per year. The lowest was -37.20% per year. And the median was -32.40% per year.

As of today (2026-07-02), Alpha Services and Holdings's current stock price is $1.15. Alpha Services and Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.57. Alpha Services and Holdings's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alpha Services and Holdings was 0.76. The lowest was 0.01. And the median was 0.04.


Alpha Services and Holdings  (OTCPK:ALBKY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Alpha Services and Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.15/1.57
=0.73

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alpha Services and Holdings was 0.76. The lowest was 0.01. And the median was 0.04.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Alpha Services and Holdings Cyclically Adjusted Book per Share Related Terms


Alpha Services and Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Alpha Services and Holdings's Cyclically Adjusted Book 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.

Alpha Services and Holdings Cyclically Adjusted Book per Share Chart

Alpha Services and Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.52 6.51 3.99 2.37 1.69

Alpha Services and Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.28 2.03 1.63 1.69 1.57

ALBKY vs ZION, BPOP, ONB: Cyclically Adjusted Book per Share Comparison

For the Banks - Regional subindustry, Alpha Services and Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Alpha Services and Holdings Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Alpha Services and Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alpha Services and Holdings's Cyclically Adjusted PB Ratio falls into.


ALBKY
33GF Score
Alpha Services and Holdings SA ALBKY
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Services and Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Alpha Services and Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.124/122.4494*122.4494
=1.124

Current CPI (Mar. 2026) = 122.4494.

Alpha Services and Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.626 100.121 1.989
201609 1.629 99.878 1.997
201612 1.560 100.110 1.908
201703 1.592 100.770 1.935
201706 1.716 101.138 2.078
201709 1.817 100.882 2.205
201712 1.840 100.762 2.236
201803 1.667 100.534 2.030
201806 1.564 102.121 1.875
201809 1.546 101.982 1.856
201812 1.495 101.330 1.807
201903 1.491 101.482 1.799
201906 1.538 101.837 1.849
201909 1.524 101.906 1.831
201912 1.520 102.120 1.823
202003 1.476 101.479 1.781
202006 1.527 100.239 1.865
202009 1.608 99.886 1.971
202012 1.643 99.751 2.017
202103 1.532 99.817 1.879
202106 1.169 101.270 1.413
202109 0.817 102.095 0.980
202112 0.729 104.853 0.851
202203 0.714 108.651 0.805
202206 0.691 113.517 0.745
202209 0.652 114.371 0.698
202212 0.704 112.428 0.767
202303 0.772 113.620 0.832
202306 0.805 115.515 0.853
202309 0.812 116.234 0.855
202312 0.849 116.364 0.893
202403 0.868 117.285 0.906
202406 0.872 118.129 0.904
202409 0.950 119.650 0.972
202412 0.928 119.360 0.952
202503 0.977 120.133 0.996
202506 1.074 121.399 1.083
202509 1.154 121.946 1.159
202512 1.039 122.449 1.039
202603 1.124 122.449 1.124

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $1.57 mean?
Alpha Services and Holdings (ALBKY) has a Cyclically Adjusted Book per Share of $1.57 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Alpha Services and Holdings and its competitors.
Is Alpha Services and Holdings' Cyclically Adjusted Book per Share too high?
Alpha Services and Holdings' current Cyclically Adjusted Book per Share is $1.57. Overall, Alpha Services and Holdings has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Services and Holdings' Cyclically Adjusted Book per Share compare to ZION and BPOP?
Alpha Services and Holdings' Cyclically Adjusted Book per Share of $1.57 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Banks company?
A good Cyclically Adjusted Book per Share depends on the Banks industry context. However, Cyclically Adjusted Book 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Alpha Services and Holdings and its competitors. Alpha Services and Holdings's current Cyclically Adjusted Book per Share is $1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Services and Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alpha Services and Holdings (ALBKY) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.39, compared to a current price of $1.15 — trading 194.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is $1.57. Alpha Services and Holdings' overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Alpha Services and Holdings (ALBKY), the current Cyclically Adjusted Book per Share is $1.57 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 Alpha Services and Holdings (ALBKY) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Services and Holdings stock appears to be overvalued. The current stock price of $1.15 is trading 194.9% above its estimated GF Value™ of $0.39. GuruFocus considers Alpha Services and Holdings to be Significantly Overvalued.

Key valuation signals for ALBKY:

  • Cyclically Adjusted Book per Share: $1.57
  • GF Value™: $0.39 vs. price of $1.15 (194.9% above fair value)
  • GF Score™: 33/100 with 7 warning signs

No single metric tells the full story. See the ALBKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpha Services and Holdings Business Description

Address 40 Stadiou Street, Athens, GRC, 102 52
Alpha Services and Holdings SA, along with its subsidiaries, offers the following services: corporate and retail banking, financial services, investment banking and brokerage services, insurance services, real estate management and hotel services. Its segments include Retail, Wholesale, Wealth Management, International activities, Non Performing Assets and Corporate Center. The majority of the revenue is generated from its Wholesale banking segment, which offers working capital facilities, corporate loans, leasing products, and investment banking services, among others. Geographically, a substantial part of the company's overall revenue is generated from Greece.
33GF Score

Get the complete analysis for ALBKY

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.15
Price
$0.39
GF Value