APT (Alpha Pro Tech) Cyclically Adjusted PB Ratio: 1.12 (As of Aug. 25, 2026) — 32% Below Median

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APT Alpha Pro Tech Ltd APT
72 GF Score
Price $5.22
GF Value $5.66
Valuation Fairly Valued
! 4 Warning Signs
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What is Alpha Pro Tech Cyclically Adjusted PB Ratio?

Alpha Pro Tech APT +0.19% 72 Cyclically Adjusted PB Ratio is 1.12 as of Aug. 25, 2026, which is 32% below its 10-year median of 1.65. GuruFocus rates APT with a GF Score™ of 72/100 and a GF Value™ of $5.66 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,269 Construction companies, Alpha Pro Tech ranks better than 51.14% on this metric.

As of today (2026-08-25), Alpha Pro Tech's current share price is $5.22. Alpha Pro Tech's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $4.68. Alpha Pro Tech's Cyclically Adjusted PB Ratio for today is 1.12.

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

APT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.65   Max: 9.81
Current: 1.11

During the past years, Alpha Pro Tech's highest Cyclically Adjusted PB Ratio was 9.81. The lowest was 0.98. And the median was 1.65.

APT's Cyclically Adjusted PB Ratio is ranked better than
51.14% of 1269 companies
in the Construction industry
Industry Median: 1.13 vs APT: 1.11

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 Pro Tech's adjusted book value per share data for the three months ended in Jun. 2026 was $6.414. 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 $4.68 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha Pro Tech  (AMEX:APT) 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.


Alpha Pro Tech Cyclically Adjusted PB Ratio Related Terms


Alpha Pro Tech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alpha Pro Tech'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.

Alpha Pro Tech Cyclically Adjusted PB Ratio Chart

Alpha Pro Tech 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 2.18 1.26 1.47 1.33 1.01

Alpha Pro Tech Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.12 1.11 1.01 0.98 1.20

APT vs SNTL, INVE, CSTE: Cyclically Adjusted PB Ratio Comparison

For the Building Products & Equipment subindustry, Alpha Pro Tech'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 Pro Tech Cyclically Adjusted PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Alpha Pro Tech's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alpha Pro Tech's Cyclically Adjusted PB Ratio falls into.


APT
72GF Score
Alpha Pro Tech Ltd APT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alpha Pro Tech 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.

Alpha Pro Tech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.22/4.68
=1.12

* 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 Pro Tech's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Alpha Pro Tech's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=6.414/133.5265*133.5265
=6.414

Current CPI (Jun. 2026) = 133.5265.

Alpha Pro Tech Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.137 101.765 2.804
201612 2.119 101.449 2.789
201703 2.131 102.634 2.772
201706 2.183 103.029 2.829
201709 2.218 103.345 2.866
201712 2.192 103.345 2.832
201803 2.214 105.004 2.815
201806 2.264 105.557 2.864
201809 2.351 105.636 2.972
201812 2.384 105.399 3.020
201903 2.454 106.979 3.063
201906 2.525 107.690 3.131
201909 2.556 107.611 3.172
201912 2.579 107.769 3.195
202003 2.977 107.927 3.683
202006 3.443 108.401 4.241
202009 4.031 108.164 4.976
202012 4.436 108.559 5.456
202103 4.637 110.298 5.614
202106 4.714 111.720 5.634
202109 4.766 112.905 5.636
202112 4.708 113.774 5.525
202203 4.901 117.646 5.563
202206 4.968 120.806 5.491
202209 5.024 120.648 5.560
202212 4.970 120.964 5.486
202303 5.025 122.702 5.468
202306 5.147 124.203 5.533
202309 5.276 125.230 5.626
202312 5.393 125.072 5.758
202403 5.420 126.258 5.732
202406 5.575 127.522 5.838
202409 5.666 127.285 5.944
202412 5.753 127.364 6.031
202503 5.826 129.181 6.022
202506 5.977 129.892 6.144
202509 6.081 130.287 6.232
202512 6.166 130.366 6.315
202603 6.219 132.262 6.278
202606 6.414 133.527 6.414

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 1.12 mean?
Alpha Pro Tech (APT) has a Cyclically Adjusted PB Ratio of 1.12 as of Aug. 25, 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 Alpha Pro Tech and its competitors. This is 32% below median its historical median of 1.65. Over the past decade, Alpha Pro Tech's Cyclically Adjusted PB Ratio has ranged from 0.98 to 9.81. According to the industry distribution chart, Alpha Pro Tech ranks #620 out of 1269 companies in the Construction industry, placing it in the top 48.9%.
Is Alpha Pro Tech's Cyclically Adjusted PB Ratio too high?
Alpha Pro Tech's current Cyclically Adjusted PB Ratio of 1.12 is 32% below median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 9.81. The Construction industry median Cyclically Adjusted PB Ratio is 1.13. Alpha Pro Tech's value of 1.12 is 0.9% below this industry median. Based on the distribution chart, Alpha Pro Tech ranks #620 out of 1269 companies in the Construction industry, which is above the industry midpoint. Overall, Alpha Pro Tech has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alpha Pro Tech's Cyclically Adjusted PB Ratio compare to SNTL and INVE?
According to the Construction industry distribution chart, Alpha Pro Tech ranks #620 out of 1269 companies for Cyclically Adjusted PB Ratio. This puts Alpha Pro Tech in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Alpha Pro Tech's value of 1.12 is 0.9% below this benchmark. Historically, Alpha Pro Tech's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 9.81 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.13, Alpha Pro Tech has consistently been below 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 a Construction company?
The median Cyclically Adjusted PB Ratio among Construction companies is 1.13, based on 1,269 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. Alpha Pro Tech's current Cyclically Adjusted PB Ratio of 1.12 is 0.9% below 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 Alpha Pro Tech and its competitors. For the Construction industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Pro Tech's current Cyclically Adjusted PB Ratio is 1.12, which is 32% below median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Pro Tech stock overvalued right now?
Based on GuruFocus' analysis, Alpha Pro Tech (APT) is currently considered Fairly Valued. The stock's GF Value™ is $5.66, compared to a current price of $5.22 — trading 7.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 32% below median its 10-year median of 1.65 and 0.9% below the Construction industry median of 1.13. Alpha Pro Tech's overall GF Score™ is 72/100 with 4 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 Alpha Pro Tech (APT), the current Cyclically Adjusted PB Ratio is 1.12 as of Aug. 25, 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 Pro Tech (APT) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Pro Tech stock appears to be undervalued. The current stock price of $5.22 is trading 7.8% below its estimated GF Value™ of $5.66. GuruFocus considers Alpha Pro Tech to be Fairly Valued.

Key valuation signals for APT:

  • Cyclically Adjusted PB Ratio: 1.12 (32% below median its 10-year median of 1.65)
  • GF Value™: $5.66 vs. price of $5.22 (7.8% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 0.9% below the Construction median (#620 of 1269)

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


Alpha Pro Tech Business Description

Other Exchanges APL:Germany
Address 53 Wellington Street East, Aurora, ON, CAN, L4G 1H6
Alpha Pro Tech Ltd is in the business of protecting people, products, and environments. It is developing, manufacturing, and marketing a line of disposable protective apparel and infection control products for the cleanroom, industrial, pharmaceutical, medical, and dental markets. It also manufactures a line of building supply construction weatherization products that are sold under the Alpha Pro Tech brand name. The Company operates through two business segments: Building Supply and Disposable Protective Apparel. Key revenue is generated from Building Supply, consisting of a line of construction supply weatherization products. The construction supply weatherization products consist of housewrap and synthetic roof underlayment, and synthetic roof underlayment accessories.
72GF Score

Get the complete analysis for APT

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

$5.22
Price
$5.66
GF Value