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Alro (BSE:ALR) Cyclically Adjusted PB Ratio : 0.84 (As of May. 22, 2025)


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What is Alro Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Alro's current share price is lei1.45. Alro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was lei1.73. Alro's Cyclically Adjusted PB Ratio for today is 0.84.

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

BSE:ALR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 0.87   Max: 0.97
Current: 0.85

During the past years, Alro's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.77. And the median was 0.87.

BSE:ALR's Cyclically Adjusted PB Ratio is ranked better than
52.81% of 1532 companies
in the Metals & Mining industry
Industry Median: 0.95 vs BSE:ALR: 0.85

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.

Alro's adjusted book value per share data for the three months ended in Mar. 2025 was lei1.444. 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 lei1.73 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alro'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.

* Premium members only.

Alro Cyclically Adjusted PB Ratio Chart

Alro Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.88 0.88

Alro Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.81 0.89 0.87 0.88 0.87

Competitive Comparison of Alro's Cyclically Adjusted PB Ratio

For the Aluminum subindustry, Alro'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.


Alro's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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Alro 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.

Alro's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.45/1.73
=0.84

* 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.

Alro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Alro's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.444/134.9266*134.9266
=1.444

Current CPI (Mar. 2025) = 134.9266.

Alro Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.301 98.326 1.785
201406 1.111 100.560 1.491
201412 1.188 99.070 1.618
201506 1.290 100.684 1.729
201512 1.161 99.792 1.570
201606 1.208 101.688 1.603
201612 1.261 101.863 1.670
201703 0.000 102.862 0.000
201706 1.420 103.349 1.854
201709 0.000 104.136 0.000
201712 1.701 104.011 2.207
201803 1.880 105.290 2.409
201806 1.420 106.317 1.802
201809 1.515 106.507 1.919
201812 1.641 105.998 2.089
201903 1.630 107.251 2.051
201906 1.287 108.070 1.607
201909 1.149 108.329 1.431
201912 1.076 108.420 1.339
202003 0.926 108.902 1.147
202006 1.430 108.767 1.774
202009 1.451 109.815 1.783
202012 1.520 109.897 1.866
202103 1.449 111.754 1.749
202106 1.469 114.631 1.729
202109 1.510 115.734 1.760
202112 1.561 117.630 1.791
202203 1.541 121.301 1.714
202206 1.610 125.017 1.738
202209 1.448 125.227 1.560
202212 2.168 125.222 2.336
202303 2.092 127.348 2.217
202306 1.937 128.729 2.030
202309 1.644 129.860 1.708
202312 1.404 129.419 1.464
202403 1.383 131.776 1.416
202406 1.416 132.554 1.441
202409 1.582 133.029 1.605
202412 1.415 133.157 1.434
202503 1.444 134.927 1.444

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.


Alro  (BSE:ALR) 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.


Alro Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Alro's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Alro Business Description

Industry
Traded in Other Exchanges
N/A
Address
116, Pitesti Street, Olt County, Slatina, ROU, 230048
Alro SA is an aluminum producer. The company organizes its operations into four segments: Alumina, Primary Aluminium, and Processed Aluminium. The Alumina segment uses bauxite to produce alumina, the main raw material for electrolytic aluminium production. The Primary Aluminium segment, which mainly includes the anodes section, electrolysis section, the Casting House and Aluminium Eco Recycling Facility sections, manufactures and sells products like wire, rod, slabs and occasionally ingots. The Processed Aluminium segment, which derives majority revenue, includes Alro's Processed Aluminium section and Vimetco Extrusion, produces and sells sheets, coils, plates, and extruded products.