Alfa Plam a.d (XBEL:ALFA) Cyclically Adjusted PB Ratio: 0.41 (As of Aug. 12, 2026)

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XBEL:ALFA Alfa Plam a.d XBEL:ALFA
19 GF Score
Price RSD21,010.00
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What is Alfa Plam a.d Cyclically Adjusted PB Ratio?

Alfa Plam a.d XBEL:ALFA 19 Cyclically Adjusted PB Ratio is 0.41 as of Aug. 12, 2026. GuruFocus rates XBEL:ALFA with a GF Score™ of 19/100.

As of today (2026-08-12), Alfa Plam a.d's current share price is RSD21010.00. Alfa Plam a.d's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 was RSD51,379.22. Alfa Plam a.d's Cyclically Adjusted PB Ratio for today is 0.41.

The historical rank and industry rank for Alfa Plam a.d's Cyclically Adjusted PB Ratio or its related term are showing as below:

XBEL:ALFA's Cyclically Adjusted PB Ratio is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.2
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Alfa Plam a.d's adjusted book value per share data of for the fiscal year that ended in Dec21 was RSD61,842.704. 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 RSD51,379.22 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alfa Plam a.d  (XBEL:ALFA) 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.


Alfa Plam a.d Cyclically Adjusted PB Ratio Related Terms


Alfa Plam a.d Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alfa Plam a.d'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.

Alfa Plam a.d Cyclically Adjusted PB Ratio Chart

Alfa Plam a.d Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.94 0.64 0.47 0.53

Alfa Plam a.d Semi-Annual Data
Dec11 Dec12 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.00 0.47 0.00 0.53 0.00

XBEL:ALFA vs WHR, FBHS, MHK: Cyclically Adjusted PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Alfa Plam a.d'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.


Alfa Plam a.d Cyclically Adjusted PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alfa Plam a.d's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alfa Plam a.d's Cyclically Adjusted PB Ratio falls into.


XBEL:ALFA
19GF Score
Alfa Plam a.d XBEL:ALFA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alfa Plam a.d 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.

Alfa Plam a.d's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21010.00/51379.22
=0.41

* 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.

Alfa Plam a.d's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Alfa Plam a.d's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=61842.704/278.8020*278.8020
=61,842.704

Current CPI (Dec21) = 278.8020.

Alfa Plam a.d Annual Data

Book Value per Share CPI Adj_Book
201212 30,963.006 229.601 37,598.042
201312 34,136.266 233.049 40,838.018
201412 37,597.535 234.812 44,641.108
201512 41,586.439 236.525 49,019.691
201612 45,641.962 241.432 52,706.643
201712 49,996.459 246.524 56,542.620
201812 52,108.592 251.233 57,826.717
201912 53,469.669 256.974 58,011.513
202012 52,066.197 260.474 55,729.784
202112 61,842.704 278.802 61,842.704

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 0.41 mean?
Alfa Plam a.d (XBEL:ALFA) has a Cyclically Adjusted PB Ratio of 0.41 as of Aug. 12, 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 Alfa Plam a.d and its competitors.
Is Alfa Plam a.d's Cyclically Adjusted PB Ratio too high?
Alfa Plam a.d's current Cyclically Adjusted PB Ratio is 0.41. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PB Ratio is 1.20. Alfa Plam a.d's value of 0.41 is 65.8% below this industry median. Overall, Alfa Plam a.d has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Alfa Plam a.d's Cyclically Adjusted PB Ratio compare to WHR and FBHS?
Alfa Plam a.d's Cyclically Adjusted PB Ratio of 0.41 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Alfa Plam a.d's value of 0.41 is 65.8% below this benchmark. 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PB Ratio among Furnishings, Fixtures & Appliances companies is 1.20, based on 329 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. Alfa Plam a.d's current Cyclically Adjusted PB Ratio of 0.41 is 65.8% 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 Alfa Plam a.d and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alfa Plam a.d's current Cyclically Adjusted PB Ratio is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alfa Plam a.d stock overvalued right now?
Alfa Plam a.d (XBEL:ALFA) has a current Cyclically Adjusted PB Ratio of 0.41. The current Cyclically Adjusted PB Ratio is 0.41 and 65.8% below the Furnishings, Fixtures & Appliances industry median of 1.20. Alfa Plam a.d's overall GF Score™ is 19/100. 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 Alfa Plam a.d (XBEL:ALFA), the current Cyclically Adjusted PB Ratio is 0.41 as of Aug. 12, 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.

Alfa Plam a.d Business Description

Address Radnicka 1, Vranje, SRB, 17500
Alfa Plam a.d is a manufacturer of non-electric household appliances. The company's product offerings include solid fuel furnaces and stoves, solid fuel fireplaces and stoves, gas furnaces, central heating stoves, boilers, electric and electric gas programs. The company markets its products in the domestic as well as in Europe's markets. The products of Alfa-Plam are primarily intended for the households market.
19GF Score

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

RSD21,010.00
Price