Electro Aco Altona (BSP:EALT4) Cyclically Adjusted PB Ratio: 1.13 (As of Jul. 31, 2026) — 28% Below Median

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BSP:EALT4 Electro Aco Altona SA BSP:EALT4
82 GF Score
Price R$11.10
GF Value R$12.38
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Electro Aco Altona Cyclically Adjusted PB Ratio?

Electro Aco Altona BSP:EALT4 +0.09% 82 Cyclically Adjusted PB Ratio is 1.13 as of Jul. 31, 2026, which is 28% below its 10-year median of 1.58. GuruFocus rates BSP:EALT4 with a GF Score™ of 82/100 and a GF Value™ of R$12.38 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 2,266 Industrial Products companies, Electro Aco Altona ranks better than 68.89% on this metric.

As of today (2026-07-31), Electro Aco Altona's current share price is R$11.10. Electro Aco Altona's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$9.84. Electro Aco Altona's Cyclically Adjusted PB Ratio for today is 1.13.

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

BSP:EALT4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.58   Max: 4.69
Current: 1.2

During the past years, Electro Aco Altona's highest Cyclically Adjusted PB Ratio was 4.69. The lowest was 1.03. And the median was 1.58.

BSP:EALT4's Cyclically Adjusted PB Ratio is ranked better than
68.89% of 2266 companies
in the Industrial Products industry
Industry Median: 2.08 vs BSP:EALT4: 1.20

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.

Electro Aco Altona's adjusted book value per share data for the three months ended in Mar. 2026 was R$16.109. 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 R$9.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Electro Aco Altona  (BSP:EALT4) 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.


Electro Aco Altona Cyclically Adjusted PB Ratio Related Terms


Electro Aco Altona Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Electro Aco Altona'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.

Electro Aco Altona Cyclically Adjusted PB Ratio Chart

Electro Aco Altona 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 2.08 1.34 1.31 1.59 1.47

Electro Aco Altona Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.60 1.65 1.31 1.47 1.34

BSP:EALT4 vs CRS, ATI, MLI: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Electro Aco Altona'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.


Electro Aco Altona Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


BSP:EALT4
82GF Score
Electro Aco Altona SA BSP:EALT4
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electro Aco Altona 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.

Electro Aco Altona's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.10/9.84
=1.13

* 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.

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

For example, Electro Aco Altona'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)
=16.109/175.0655*175.0655
=16.109

Current CPI (Mar. 2026) = 175.0655.

Electro Aco Altona Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.014 108.851 4.847
201609 2.789 109.986 4.439
201612 3.056 110.802 4.828
201703 3.049 111.869 4.771
201706 3.169 112.115 4.948
201709 3.287 112.777 5.102
201712 4.327 114.068 6.641
201803 4.488 114.868 6.840
201806 4.194 117.038 6.273
201809 4.350 117.881 6.460
201812 6.756 118.340 9.994
201903 7.081 120.124 10.320
201906 7.103 120.977 10.279
201909 7.308 121.292 10.548
201912 7.186 123.436 10.192
202003 7.399 124.092 10.438
202006 7.449 123.557 10.554
202009 7.925 125.095 11.091
202012 8.108 129.012 11.002
202103 7.959 131.660 10.583
202106 8.200 133.871 10.723
202109 8.588 137.913 10.902
202112 8.288 141.992 10.218
202203 8.340 146.537 9.964
202206 8.732 149.784 10.206
202209 9.037 147.800 10.704
202212 9.497 150.207 11.069
202303 9.383 153.352 10.712
202306 9.796 154.519 11.099
202309 10.211 155.464 11.498
202312 10.754 157.148 11.980
202403 11.128 159.372 12.224
202406 11.462 161.052 12.459
202409 12.345 162.342 13.313
202412 13.051 164.740 13.869
202503 14.882 168.102 15.499
202506 14.681 169.670 15.148
202509 15.734 170.739 16.133
202512 15.711 171.765 16.013
202603 16.109 175.066 16.109

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 1.13 mean?
Electro Aco Altona (BSP:EALT4) has a Cyclically Adjusted PB Ratio of 1.13 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 Electro Aco Altona and its competitors. This is 28% below median its historical median of 1.58. Over the past decade, Electro Aco Altona's Cyclically Adjusted PB Ratio has ranged from 1.03 to 4.69. According to the industry distribution chart, Electro Aco Altona ranks #705 out of 2266 companies in the Industrial Products industry, placing it in the top 31.1%.
Is Electro Aco Altona's Cyclically Adjusted PB Ratio too high?
Electro Aco Altona's current Cyclically Adjusted PB Ratio of 1.13 is 28% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 4.69. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.08. Electro Aco Altona's value of 1.13 is 45.7% below this industry median. Based on the distribution chart, Electro Aco Altona ranks #705 out of 2266 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Electro Aco Altona has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Electro Aco Altona's Cyclically Adjusted PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Electro Aco Altona ranks #705 out of 2266 companies for Cyclically Adjusted PB Ratio. This puts Electro Aco Altona in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.08. Electro Aco Altona's value of 1.13 is 45.7% below this benchmark. Historically, Electro Aco Altona's own Cyclically Adjusted PB Ratio has ranged from 1.03 to 4.69 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 2.08, Electro Aco Altona 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 an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.08, based on 2,266 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. Electro Aco Altona's current Cyclically Adjusted PB Ratio of 1.13 is 45.7% 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 Electro Aco Altona and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electro Aco Altona's current Cyclically Adjusted PB Ratio is 1.13, which is 28% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electro Aco Altona stock overvalued right now?
Based on GuruFocus' analysis, Electro Aco Altona (BSP:EALT4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$12.38, compared to a current price of R$11.10 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.13, which is 28% below median its 10-year median of 1.58 and 45.7% below the Industrial Products industry median of 2.08. Electro Aco Altona's overall GF Score™ is 82/100 with 7 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 Electro Aco Altona (BSP:EALT4), the current Cyclically Adjusted PB Ratio is 1.13 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.

Is Electro Aco Altona (BSP:EALT4) Overvalued in 2026?

Based on GuruFocus' analysis, Electro Aco Altona stock appears to be undervalued. The current stock price of R$11.10 is trading 10.3% below its estimated GF Value™ of R$12.38. GuruFocus considers Electro Aco Altona to be Modestly Undervalued.

Key valuation signals for BSP:EALT4:

  • Cyclically Adjusted PB Ratio: 1.13 (28% below median its 10-year median of 1.58)
  • GF Value™: R$12.38 vs. price of R$11.10 (10.3% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 45.7% below the Industrial Products median (#705 of 2266)

No single metric tells the full story. See the BSP:EALT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Electro Aco Altona Business Description

Other Exchanges EALT3:Brazil
Address Engenheiro Paulo Werner Street, 925, Blumenau, SC, BRA, 89030900
Electro Aco Altona SA manufactures steel based machinery & equipment. Its product portfolio comprises of carbon steel, high & low alloy steel, manganese steel & heat resistant steel castings. It caters to industries like earthmoving & mining.The company divides its business into two sectors: Repetitive and Custom. The Repetitive sector is responsible for series production of items for self-propelled equipment assemblers, including customers active in the segment of construction and mining machinery. The Custom sector produces customized parts and assemblies.
82GF Score

Get the complete analysis for BSP:EALT4

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

R$11.10
Price
R$12.38
GF Value