Aluminium du Maroc (CAS:ALM) Cyclically Adjusted PB Ratio: 2.33 (As of Jul. 07, 2026) — 30% Above Median


CAS:ALM Aluminium du Maroc CAS:ALM
62 GF Score
Price MAD1,905.00
GF Value MAD1,596.11
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Aluminium du Maroc Cyclically Adjusted PB Ratio?

Aluminium du Maroc CAS:ALM -0.26% 62 Cyclically Adjusted PB Ratio is 2.33 as of Jul. 07, 2026, which is 30% above its 10-year median of 1.79. GuruFocus rates CAS:ALM with a GF Score™ of 62/100 and a GF Value™ of MAD1,596.11 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,545 Metals & Mining companies, Aluminium du Maroc ranks worse than 60.13% on this metric.

As of today (2026-07-07), Aluminium du Maroc's current share price is MAD1905.00. Aluminium du Maroc's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was MAD818.69. Aluminium du Maroc's Cyclically Adjusted PB Ratio for today is 2.33.

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

CAS:ALM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.48   Med: 1.79   Max: 2.33
Current: 2.33

During the past 13 years, Aluminium du Maroc's highest Cyclically Adjusted PB Ratio was 2.33. The lowest was 1.48. And the median was 1.79.

CAS:ALM's Cyclically Adjusted PB Ratio is ranked worse than
60.13% of 1545 companies
in the Metals & Mining industry
Industry Median: 1.54 vs CAS:ALM: 2.33

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.

Aluminium du Maroc's adjusted book value per share data of for the fiscal year that ended in Dec25 was MAD562.539. 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 MAD818.69 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aluminium du Maroc  (CAS:ALM) 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.


Aluminium du Maroc Cyclically Adjusted PB Ratio Related Terms


Aluminium du Maroc Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aluminium du Maroc'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.

Aluminium du Maroc Cyclically Adjusted PB Ratio Chart

Aluminium du Maroc 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 1.65 1.66 1.63 1.75 2.20

Aluminium du Maroc 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 1.63 0.00 1.75 0.00 2.20

CAS:ALM vs AA, CENX, CSTM: Cyclically Adjusted PB Ratio Comparison

For the Aluminum subindustry, Aluminium du Maroc'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.


Aluminium du Maroc Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


CAS:ALM
62GF Score
Aluminium du Maroc CAS:ALM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aluminium du Maroc 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.

Aluminium du Maroc's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1905.00/818.69
=2.33

* 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.

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

For example, Aluminium du Maroc'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)
=562.539/324.0540*324.0540
=562.539

Current CPI (Dec25) = 324.0540.

Aluminium du Maroc Annual Data

Book Value per Share CPI Adj_Book
201612 773.283 241.432 1,037.913
201712 818.646 246.524 1,076.104
201812 841.732 251.233 1,085.712
201912 870.749 256.974 1,098.048
202012 643.021 260.474 799.978
202112 676.609 278.802 786.429
202212 581.524 296.797 634.930
202312 529.395 306.746 559.266
202412 531.738 315.605 545.973
202512 562.539 324.054 562.539

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 2.33 mean?
Aluminium du Maroc (CAS:ALM) has a Cyclically Adjusted PB Ratio of 2.33 as of Jul. 07, 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 Aluminium du Maroc and its competitors. This is 30% above median its historical median of 1.79. Over the past decade, Aluminium du Maroc's Cyclically Adjusted PB Ratio has ranged from 1.48 to 2.33. According to the industry distribution chart, Aluminium du Maroc ranks #929 out of 1545 companies in the Metals & Mining industry, placing it in the top 60.1%.
Is Aluminium du Maroc's Cyclically Adjusted PB Ratio too high?
Aluminium du Maroc's current Cyclically Adjusted PB Ratio of 2.33 is 30% above median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 2.33. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. Aluminium du Maroc's value of 2.33 is 51.3% above this industry median. Based on the distribution chart, Aluminium du Maroc ranks #929 out of 1545 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Aluminium du Maroc has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aluminium du Maroc's Cyclically Adjusted PB Ratio compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Aluminium du Maroc ranks #929 out of 1545 companies for Cyclically Adjusted PB Ratio. This places Aluminium du Maroc in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Aluminium du Maroc's value of 2.33 is 51.3% above this benchmark. Historically, Aluminium du Maroc's own Cyclically Adjusted PB Ratio has ranged from 1.48 to 2.33 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 1.54, Aluminium du Maroc 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 1.54, based on 1,545 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. Aluminium du Maroc's current Cyclically Adjusted PB Ratio of 2.33 is 51.3% 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 Aluminium du Maroc and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aluminium du Maroc's current Cyclically Adjusted PB Ratio is 2.33, which is 30% above median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminium du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Aluminium du Maroc (CAS:ALM) is currently considered Modestly Overvalued. The stock's GF Value™ is MAD1,596.11, compared to a current price of MAD1,905.00 — trading 19.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.33, which is 30% above median its 10-year median of 1.79 and 51.3% above the Metals & Mining industry median of 1.54. Aluminium du Maroc's overall GF Score™ is 62/100 with 6 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 Aluminium du Maroc (CAS:ALM), the current Cyclically Adjusted PB Ratio is 2.33 as of Jul. 07, 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 Aluminium du Maroc (CAS:ALM) Overvalued in 2026?

Based on GuruFocus' analysis, Aluminium du Maroc stock appears to be overvalued. The current stock price of MAD1,905.00 is trading 19.4% above its estimated GF Value™ of MAD1,596.11. GuruFocus considers Aluminium du Maroc to be Modestly Overvalued.

Key valuation signals for CAS:ALM:

  • Cyclically Adjusted PB Ratio: 2.33 (30% above median its 10-year median of 1.79)
  • GF Value™: MAD1,596.11 vs. price of MAD1,905.00 (19.4% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 51.3% above the Metals & Mining median (#929 of 1545)

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


Aluminium du Maroc Business Description

Address Industrial Zone - Tetouan Road, BP 324, Tangier, MAR, 90000
Aluminium du Maroc is engaged in design and manufacture of aluminum alloy profiles for building and industry. The company's products portfolio includes sliders, doors, roofing, facades, pool barrier, strikes, bodyguards, shutters, and portals.
62GF Score

Get the complete analysis for CAS:ALM

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

MAD1,905.00
Price
MAD1,596.11
GF Value