AltynEX Co JSC (XKAZ:ATEC) Cyclically Adjusted Book per Share: ₸273,782.50 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is AltynEX Co JSC Cyclically Adjusted Book per Share?

AltynEX Co JSC XKAZ:ATEC Cyclically Adjusted Book per Share is ₸273,782.50 as of Mar. 2026. The stock has 5 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.

AltynEX Co JSC's adjusted book value per share for the three months ended in Mar. 2026 was ₸476,641.455. 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 ₸273,782.50 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-07-14), AltynEX Co JSC's current stock price is ₸338871.70. AltynEX Co JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₸273,782.50. AltynEX Co JSC's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of AltynEX Co JSC was 1.33. The lowest was 1.24. And the median was 1.29.


AltynEX Co JSC  (XKAZ:ATEC) 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.

AltynEX Co JSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=338871.70/273782.50
=1.24

* 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 11 years, the highest Cyclically Adjusted PB Ratio of AltynEX Co JSC was 1.33. The lowest was 1.24. And the median was 1.29.


Be Aware

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


AltynEX Co JSC Cyclically Adjusted Book per Share Related Terms


AltynEX Co JSC Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AltynEX Co JSC'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.

AltynEX Co JSC Cyclically Adjusted Book per Share Chart

AltynEX Co JSC 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 0.00 0.00 0.00 0.00 263,295.60

AltynEX Co JSC 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 0.00 0.00 254,912.17 263,295.60 273,782.50

XKAZ:ATEC vs RAEWF, GRMXD: Cyclically Adjusted Book per Share Comparison

For the Other Industrial Metals & Mining subindustry, AltynEX Co JSC'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.


AltynEX Co JSC Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, AltynEX Co JSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AltynEX Co JSC's Cyclically Adjusted PB Ratio falls into.



AltynEX Co JSC 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, AltynEX Co JSC'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)
=476641.455/330.2130*330.2130
=476,641.455

Current CPI (Mar. 2026) = 330.2130.

AltynEX Co JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 136,795.126 241.432 187,098.350
201703 145,519.667 243.801 197,097.164
201706 144,385.405 244.955 194,639.578
201709 143,743.604 246.819 192,310.992
201712 146,797.333 246.524 196,631.515
201803 154,774.559 249.554 204,799.648
201806 163,699.000 251.989 214,515.466
201809 161,831.528 252.439 211,690.247
201812 142,864.008 251.233 187,776.099
201903 151,620.463 254.202 196,957.726
201906 169,421.984 256.143 218,414.486
201909 199,380.488 256.759 256,419.557
201912 208,585.496 256.974 268,033.507
202003 238,847.366 258.115 305,563.432
202006 261,962.504 257.797 335,548.607
202009 302,327.016 260.280 383,557.365
202012 322,871.341 260.474 409,316.531
202103 348,492.081 264.877 434,453.031
202106 179,542.512 271.696 218,211.794
202109 198,202.496 274.310 238,595.169
202112 216,090.415 278.802 255,937.419
202203 217,332.431 287.504 249,617.376
202206 237,246.724 296.311 264,390.969
202209 192,943.797 296.808 214,659.140
202212 206,758.333 296.797 230,036.993
202303 222,336.504 301.836 243,239.388
202306 224,312.553 305.109 242,768.719
202309 203,264.276 307.789 218,073.116
202312 225,262.805 306.746 242,496.093
202403 243,849.268 312.332 257,809.633
202406 266,723.000 314.175 280,338.671
202409 299,881.415 315.301 314,064.154
202412 320,579.984 315.605 335,418.255
202503 349,188.366 319.799 360,559.407
202506 381,304.341 322.561 390,349.888
202509 411,832.317 324.800 418,695.766
202512 350,349.341 324.054 357,008.113
202603 476,641.455 330.213 476,641.455

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 ₸273,782.50 mean?
AltynEX Co JSC (XKAZ:ATEC) has a Cyclically Adjusted Book per Share of ₸273,782.50 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 AltynEX Co JSC and its competitors.
Is AltynEX Co JSC's Cyclically Adjusted Book per Share too high?
AltynEX Co JSC's current Cyclically Adjusted Book per Share is ₸273,782.50.
How does AltynEX Co JSC's Cyclically Adjusted Book per Share compare to RAEWF and GRMXD?
AltynEX Co JSC's Cyclically Adjusted Book per Share of ₸273,782.50 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining 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 AltynEX Co JSC and its competitors. AltynEX Co JSC's current Cyclically Adjusted Book per Share is ₸273,782.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltynEX Co JSC stock overvalued right now?
AltynEX Co JSC (XKAZ:ATEC) has a current Cyclically Adjusted Book per Share of ₸273,782.50. The stock's GF Value™ is ₸376,474.01, compared to a current price of ₸338,871.70 — trading 10% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₸273,782.50. 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 AltynEX Co JSC (XKAZ:ATEC), the current Cyclically Adjusted Book per Share is ₸273,782.50 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.

AltynEX Co JSC Business Description

Address Street Bokenbai batyr 2, Business center Dastan, 5th floor, 12-microdistrict, Aktobe, KAZ
AltynEX Co JSC is a Kazakhstan-based gold mining company. The company plans to commission a mining and metallurgical plant at the Yubileynoye deposit in the Aktobe region. The facility is expected to extract and process gold-bearing ore and produce gold-silver alloy.