ALFNF (Alfen NV) Cyclically Adjusted PB Ratio: 2.42 (As of Jul. 09, 2026) — 33% Below Median


ALFNF Alfen NV ALFNF
91 GF Score
Price $11.00
GF Value $10.30
! 3 Warning Signs
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What is Alfen NV Cyclically Adjusted PB Ratio?

Alfen NV ALFNF 91 Cyclically Adjusted PB Ratio is 2.42 as of Jul. 09, 2026, which is 33% below its 10-year median of 3.60. GuruFocus rates ALFNF with a GF Score™ of 91/100 and a GF Value™ of $10.30. The stock has 3 warning signs investors should review. Among 2,295 Industrial Products companies, Alfen NV ranks worse than 62.53% on this metric.

As of today (2026-07-09), Alfen NV's current share price is $11.00. Alfen NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $4.55. Alfen NV's Cyclically Adjusted PB Ratio for today is 2.42.

The historical rank and industry rank for Alfen NV's Cyclically Adjusted PB Ratio or its related term are showing as below:

ALFNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.92   Med: 3.6   Max: 20.29
Current: 3.41

During the past 12 years, Alfen NV's highest Cyclically Adjusted PB Ratio was 20.29. The lowest was 1.92. And the median was 3.60.

ALFNF's Cyclically Adjusted PB Ratio is ranked worse than
62.53% of 2295 companies
in the Industrial Products industry
Industry Median: 2.29 vs ALFNF: 3.41

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.

Alfen NV's adjusted book value per share data of for the fiscal year that ended in Dec25 was $8.227. 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 $4.55 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfen NV  (OTCPK:ALFNF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Alfen NV Cyclically Adjusted PB Ratio Related Terms


Alfen NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alfen NV's Cyclically Adjusted 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.

Alfen NV Cyclically Adjusted PB Ratio Chart

Alfen NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 21.42 3.38 2.45

Alfen NV Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PB Ratio 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 21.42 0.00 3.38 0.00 2.45

ALFNF vs VRT, BE, HUBB: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Alfen NV'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.


Alfen NV Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alfen NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alfen NV's Cyclically Adjusted PB Ratio falls into.


ALFNF
91GF Score
Alfen NV ALFNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alfen NV Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Alfen NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.00/4.55
=2.42

* 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.

Alfen NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Alfen NV's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=8.227/135.2700*135.2700
=8.227

Current CPI (Dec25) = 135.2700.

Alfen NV Annual Data

Book Value per Share CPI Adj_Book
201612 0.549 100.710 0.737
201712 0.824 101.970 1.093
201812 0.395 103.970 0.514
201912 0.725 106.800 0.918
202012 4.162 107.850 5.220
202112 5.017 114.010 5.953
202212 7.353 124.940 7.961
202312 9.018 126.450 9.647
202412 7.333 131.630 7.536
202512 8.227 135.270 8.227

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

What does a Cyclically Adjusted PB Ratio of 2.42 mean?
Alfen NV (ALFNF) has a Cyclically Adjusted PB Ratio of 2.42 as of Jul. 09, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Alfen NV and its competitors. This is 33% below median its historical median of 3.60. Over the past decade, Alfen NV's Cyclically Adjusted PB Ratio has ranged from 1.92 to 20.29. According to the industry distribution chart, Alfen NV ranks #1435 out of 2295 companies in the Industrial Products industry, placing it in the top 62.5%.
Is Alfen NV's Cyclically Adjusted PB Ratio too high?
Alfen NV's current Cyclically Adjusted PB Ratio of 2.42 is 33% below median its 10-year median of 3.60. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 20.29. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.29. Alfen NV's value of 2.42 is 5.7% above this industry median. Based on the distribution chart, Alfen NV ranks #1435 out of 2295 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Alfen NV has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Alfen NV's Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Alfen NV ranks #1435 out of 2295 companies for Cyclically Adjusted PB Ratio. This places Alfen NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.29. Alfen NV's value of 2.42 is 5.7% above this benchmark. Historically, Alfen NV's own Cyclically Adjusted PB Ratio has ranged from 1.92 to 20.29 over the past decade. While the company's 10-year median is 3.60 vs. the industry median of 2.29, Alfen NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.29, based on 2,295 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alfen NV's current Cyclically Adjusted PB Ratio of 2.42 is 5.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Alfen NV and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfen NV's current Cyclically Adjusted PB Ratio is 2.42, which is 33% below median its own 10-year median of 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfen NV stock overvalued right now?
Alfen NV (ALFNF) has a current Cyclically Adjusted PB Ratio of 2.42. The stock's GF Value™ is $10.30, compared to a current price of $11.00 — trading 6.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.42, which is 33% below median its 10-year median of 3.60 and 5.7% above the Industrial Products industry median of 2.29. Alfen NV's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Alfen NV (ALFNF), the current Cyclically Adjusted PB Ratio is 2.42 as of Jul. 09, 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 Alfen NV (ALFNF) Overvalued in 2026?

Based on GuruFocus' analysis, Alfen NV stock appears to be overvalued. The current stock price of $11.00 is trading 6.8% above its estimated GF Value™ of $10.30.

Key valuation signals for ALFNF:

  • Cyclically Adjusted PB Ratio: 2.42 (33% below median its 10-year median of 3.60)
  • GF Value™: $10.30 vs. price of $11.00 (6.8% above fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 5.7% above the Industrial Products median (#1435 of 2295)

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


Alfen NV Business Description

Address Hefbrugweg 79, Almere, FL, NLD, 1332 AM
Alfen NV is engaged in the business of developing, producing, and selling various products, systems, and services related to the electricity grid. The company's business segments are Smart Grid Solutions, Energy Storage Systems, and EV Charging Equipment. Geographically, the company derives maximum revenue from the Netherlands, followed by Belgium and Finland.
91GF Score

Get the complete analysis for ALFNF

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

$11.00
Price
$10.30
GF Value