Alumil Aluminium Industry (ATH:ALMY) Cyclically Adjusted PB Ratio: 2.75 (As of Jul. 20, 2026) — 196% Above Median

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ATH:ALMY Alumil Aluminium Industry SA ATH:ALMY
70 GF Score
Price €5.56
GF Value €4.08
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Alumil Aluminium Industry Cyclically Adjusted PB Ratio?

Alumil Aluminium Industry ATH:ALMY +0.36% 70 Cyclically Adjusted PB Ratio is 2.75 as of Jul. 20, 2026, which is 196% above its 10-year median of 0.93. GuruFocus rates ATH:ALMY with a GF Score™ of 70/100 and a GF Value™ of €4.08 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,542 Metals & Mining companies, Alumil Aluminium Industry ranks worse than 66.54% on this metric.

As of today (2026-07-20), Alumil Aluminium Industry's current share price is €5.56. Alumil Aluminium Industry's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €2.02. Alumil Aluminium Industry's Cyclically Adjusted PB Ratio for today is 2.75.

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

ATH:ALMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.93   Max: 3.25
Current: 2.75

During the past 13 years, Alumil Aluminium Industry's highest Cyclically Adjusted PB Ratio was 3.25. The lowest was 0.04. And the median was 0.93.

ATH:ALMY's Cyclically Adjusted PB Ratio is ranked worse than
66.54% of 1542 companies
in the Metals & Mining industry
Industry Median: 1.375 vs ATH:ALMY: 2.75

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.

Alumil Aluminium Industry's adjusted book value per share data of for the fiscal year that ended in Dec25 was €4.295. 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 €2.02 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alumil Aluminium Industry  (ATH:ALMY) 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.


Alumil Aluminium Industry Cyclically Adjusted PB Ratio Related Terms


Alumil Aluminium Industry Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alumil Aluminium Industry'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.

Alumil Aluminium Industry Cyclically Adjusted PB Ratio Chart

Alumil Aluminium Industry 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 1.08 1.09 1.79 2.51 2.60

Alumil Aluminium Industry Semi-Annual Data
Jun16 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 1.79 0.00 2.51 0.00 2.60

ATH:ALMY vs AA, CENX, CSTM: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Alumil Aluminium Industry'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.


Alumil Aluminium Industry Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Alumil Aluminium Industry's Cyclically Adjusted PB Ratio falls into.


ATH:ALMY
70GF Score
Alumil Aluminium Industry SA ATH:ALMY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alumil Aluminium Industry 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.

Alumil Aluminium Industry's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.56/2.02
=2.75

* 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.

Alumil Aluminium Industry's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Alumil Aluminium Industry'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)
=4.295/122.4500*122.4500
=4.295

Current CPI (Dec25) = 122.4500.

Alumil Aluminium Industry Annual Data

Book Value per Share CPI Adj_Book
201612 2.067 100.110 2.528
201712 1.094 100.762 1.329
201812 0.613 101.330 0.741
201912 0.531 102.120 0.637
202012 0.806 99.751 0.989
202112 1.285 104.853 1.501
202212 1.987 112.428 2.164
202312 2.043 116.364 2.150
202412 3.777 119.360 3.875
202512 4.295 122.450 4.295

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 2.75 mean?
Alumil Aluminium Industry (ATH:ALMY) has a Cyclically Adjusted PB Ratio of 2.75 as of Jul. 20, 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 Alumil Aluminium Industry and its competitors. This is 196% above median its historical median of 0.93. Over the past decade, Alumil Aluminium Industry's Cyclically Adjusted PB Ratio has ranged from 0.04 to 3.25. According to the industry distribution chart, Alumil Aluminium Industry ranks #1026 out of 1542 companies in the Metals & Mining industry, placing it in the top 66.5%.
Is Alumil Aluminium Industry's Cyclically Adjusted PB Ratio too high?
Alumil Aluminium Industry's current Cyclically Adjusted PB Ratio of 2.75 is 196% above median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 3.25. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.38. Alumil Aluminium Industry's value of 2.75 is 100% above this industry median. Based on the distribution chart, Alumil Aluminium Industry ranks #1026 out of 1542 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Alumil Aluminium Industry has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alumil Aluminium Industry's Cyclically Adjusted PB Ratio compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Alumil Aluminium Industry ranks #1026 out of 1542 companies for Cyclically Adjusted PB Ratio. This places Alumil Aluminium Industry in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.38. Alumil Aluminium Industry's value of 2.75 is 100% above this benchmark. Historically, Alumil Aluminium Industry's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 3.25 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 1.38, Alumil Aluminium Industry 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.38, based on 1,542 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. Alumil Aluminium Industry's current Cyclically Adjusted PB Ratio of 2.75 is 100% 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 Alumil Aluminium Industry and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alumil Aluminium Industry's current Cyclically Adjusted PB Ratio is 2.75, which is 196% above median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alumil Aluminium Industry stock overvalued right now?
Based on GuruFocus' analysis, Alumil Aluminium Industry (ATH:ALMY) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.08, compared to a current price of €5.56 — trading 36.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.75, which is 196% above median its 10-year median of 0.93 and 100% above the Metals & Mining industry median of 1.38. Alumil Aluminium Industry's overall GF Score™ is 70/100 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 Alumil Aluminium Industry (ATH:ALMY), the current Cyclically Adjusted PB Ratio is 2.75 as of Jul. 20, 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 Alumil Aluminium Industry (ATH:ALMY) Overvalued in 2026?

Based on GuruFocus' analysis, Alumil Aluminium Industry stock appears to be overvalued. The current stock price of €5.56 is trading 36.3% above its estimated GF Value™ of €4.08. GuruFocus considers Alumil Aluminium Industry to be Significantly Overvalued.

Key valuation signals for ATH:ALMY:

  • Cyclically Adjusted PB Ratio: 2.75 (196% above median its 10-year median of 0.93)
  • GF Value™: €4.08 vs. price of €5.56 (36.3% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 100% above the Metals & Mining median (#1026 of 1542)

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


Alumil Aluminium Industry Business Description

Other Exchanges A3A:Germany
Address Kilkis Industrial Area, Stavrohori, GRC, 61100
Alumil Aluminium Industry SA produces and distributes aluminium products. The company's main products include windows-doors, Entrance doors, Complementary systems for Windows & Doors, Curtain Walls, Shading systems, Railings and Fences, Wall Cladding systems, Partitions and Atriums.
70GF Score

Get the complete analysis for ATH:ALMY

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

€5.56
Price
€4.08
GF Value