Altur (BSE:ALT) Cyclically Adjusted PB Ratio: 0.51 (As of Jul. 31, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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 Altur Cyclically Adjusted PB Ratio?

Altur BSE:ALT Cyclically Adjusted PB Ratio is 0.51 as of Jul. 31, 2026, which is 4% below its 10-year median of 0.53. The stock has 4 warning signs investors should review. Among 1,024 Vehicles & Parts companies, Altur ranks better than 79.79% on this metric.

As of today (2026-07-31), Altur's current share price is lei0.072. Altur's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was lei0.14. Altur's Cyclically Adjusted PB Ratio for today is 0.51.

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

BSE:ALT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.53   Max: 0.97
Current: 0.49

During the past years, Altur's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.22. And the median was 0.53.

BSE:ALT's Cyclically Adjusted PB Ratio is ranked better than
79.79% of 1024 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs BSE:ALT: 0.49

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.

Altur's adjusted book value per share data for the three months ended in Mar. 2026 was lei0.257. 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 lei0.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altur  (BSE:ALT) 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.


Altur Cyclically Adjusted PB Ratio Related Terms


Altur Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Altur'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.

Altur Cyclically Adjusted PB Ratio Chart

Altur 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 0.00 0.25 0.51 0.74 0.56

Altur Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
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 0.56 0.41 0.56 0.56 0.43

BSE:ALT vs ORLY, AZO, GPC: Cyclically Adjusted PB Ratio Comparison

For the Auto Parts subindustry, Altur'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.


Altur Cyclically Adjusted PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Altur's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Altur 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.072/0.14
=0.51

* 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.

Altur's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Altur'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)
=0.257/330.2130*330.2130
=0.257

Current CPI (Mar. 2026) = 330.2130.

Altur Quarterly Data

Book Value per Share CPI Adj_Book
201603 0.082 238.132 0.114
201606 0.081 241.018 0.111
201609 0.082 241.428 0.112
201612 0.077 241.432 0.105
201703 0.076 243.801 0.103
201706 0.081 244.955 0.109
201709 0.082 246.819 0.110
201712 0.077 246.524 0.103
201803 0.000 249.554 0.000
201806 0.078 251.989 0.102
201809 0.078 252.439 0.102
201812 0.078 251.233 0.103
201903 0.077 254.202 0.100
201906 0.076 256.143 0.098
201909 0.075 256.759 0.096
201912 0.075 256.974 0.096
202003 0.075 258.115 0.096
202006 0.072 257.797 0.092
202009 0.070 260.280 0.089
202012 0.037 260.474 0.047
202103 0.037 264.877 0.046
202106 0.036 271.696 0.044
202109 0.033 274.310 0.040
202112 0.061 278.802 0.072
202203 0.176 287.504 0.202
202206 0.182 296.311 0.203
202209 0.176 296.808 0.196
202212 0.174 296.797 0.194
202303 0.186 301.836 0.203
202306 0.201 305.109 0.218
202309 0.195 307.789 0.209
202312 0.204 306.746 0.220
202403 0.000 312.332 0.000
202406 0.210 314.175 0.221
202409 0.210 315.301 0.220
202412 0.205 315.605 0.214
202503 0.205 319.799 0.212
202506 0.206 322.561 0.211
202509 0.206 324.800 0.209
202603 0.257 330.213 0.257

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 0.51 mean?
Altur (BSE:ALT) has a Cyclically Adjusted PB Ratio of 0.51 as of Jul. 31, 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 Altur and its competitors. This is near median its historical median of 0.53. Over the past decade, Altur's Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.97. According to the industry distribution chart, Altur ranks #207 out of 1024 companies in the Vehicles & Parts industry, placing it in the top 20.2%.
Is Altur's Cyclically Adjusted PB Ratio too high?
Altur's current Cyclically Adjusted PB Ratio of 0.51 is near median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.97. The Vehicles & Parts industry median Cyclically Adjusted PB Ratio is 1.27. Altur's value of 0.51 is 59.7% below this industry median. Based on the distribution chart, Altur ranks #207 out of 1024 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers.
How does Altur's Cyclically Adjusted PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Altur ranks #207 out of 1024 companies for Cyclically Adjusted PB Ratio. This places Altur in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Altur's value of 0.51 is 59.7% below this benchmark. Historically, Altur's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 0.97 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.27, Altur 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 Vehicles & Parts company?
The median Cyclically Adjusted PB Ratio among Vehicles & Parts companies is 1.27, based on 1,024 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. Altur's current Cyclically Adjusted PB Ratio of 0.51 is 59.7% 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 Altur and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altur's current Cyclically Adjusted PB Ratio is 0.51, which is near median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altur stock overvalued right now?
Based on GuruFocus' analysis, Altur (BSE:ALT) is currently considered Modestly Undervalued. The stock's GF Value™ is lei0.08, compared to a current price of lei0.07 — trading 10% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.51, which is near median its 10-year median of 0.53 and 59.7% below the Vehicles & Parts industry median of 1.27. 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 Altur (BSE:ALT), the current Cyclically Adjusted PB Ratio is 0.51 as of Jul. 31, 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.

Altur Business Description

Address 114 Pitesti Street, Olt County, Slatina, ROU
Altur SA is engaged in the manufacturing of other parts and accessories for motor vehicles. The company serves city and field vehicles, tractors and agricultural machinery, the motor vehicle and passenger transport industry, and electrotechnical industry, and natural gas heating systems. Its products include Gravitational and Pressurized casting.