AltynEX Co JSC (XKAZ:ATEC) Cyclically Adjusted PB Ratio: 1.24 (As of Aug. 13, 2026) — Near Median

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What is AltynEX Co JSC Cyclically Adjusted PB Ratio?

AltynEX Co JSC XKAZ:ATEC Cyclically Adjusted PB Ratio is 1.24 as of Aug. 13, 2026, which is 4% below its 10-year median of 1.29. The stock has 5 warning signs investors should review.

As of today (2026-08-13), AltynEX Co JSC's current share price is ₸338871.70. AltynEX Co JSC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₸273,782.50. AltynEX Co JSC's Cyclically Adjusted PB Ratio for today is 1.24.

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

XKAZ:ATEC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.29   Max: 1.33
Current: 1.24

During the past years, AltynEX Co JSC's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 1.24. And the median was 1.29.

XKAZ:ATEC's Cyclically Adjusted PB Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 1.54 vs XKAZ:ATEC: 1.24

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.

AltynEX Co JSC's adjusted book value per share data for the three months ended in Mar. 2026 was ₸476,641.455. 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 ₸273,782.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AltynEX Co JSC  (XKAZ:ATEC) 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.


AltynEX Co JSC Cyclically Adjusted PB Ratio Related Terms


AltynEX Co JSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AltynEX Co JSC'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.

AltynEX Co JSC Cyclically Adjusted PB Ratio Chart

AltynEX Co JSC 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 0.00 0.00 0.00 0.00 1.29

AltynEX Co JSC 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 0.00 0.00 1.33 1.29 1.24

XKAZ:ATEC vs RAEWF, GRMXD: Cyclically Adjusted PB Ratio Comparison

For the Other Industrial Metals & Mining subindustry, AltynEX Co JSC'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.


AltynEX Co JSC Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



AltynEX Co JSC 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.

AltynEX Co JSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=338871.70/273782.50
=1.24

* 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.

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

For example, AltynEX Co JSC'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)
=476641.455/330.2130*330.2130
=476,641.455

Current CPI (Mar. 2026) = 330.2130.

AltynEX Co JSC Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 136,795.126 241.432 187,098.350
201703 145,519.667 243.801 197,097.164
201706 144,385.405 244.955 194,639.578
201709 143,743.604 246.819 192,310.992
201712 146,797.333 246.524 196,631.515
201803 154,774.559 249.554 204,799.648
201806 163,699.000 251.989 214,515.466
201809 161,831.528 252.439 211,690.247
201812 142,864.008 251.233 187,776.099
201903 151,620.463 254.202 196,957.726
201906 169,421.984 256.143 218,414.486
201909 199,380.488 256.759 256,419.557
201912 208,585.496 256.974 268,033.507
202003 238,847.366 258.115 305,563.432
202006 261,962.504 257.797 335,548.607
202009 302,327.016 260.280 383,557.365
202012 322,871.341 260.474 409,316.531
202103 348,492.081 264.877 434,453.031
202106 179,542.512 271.696 218,211.794
202109 198,202.496 274.310 238,595.169
202112 216,090.415 278.802 255,937.419
202203 217,332.431 287.504 249,617.376
202206 237,246.724 296.311 264,390.969
202209 192,943.797 296.808 214,659.140
202212 206,758.333 296.797 230,036.993
202303 222,336.504 301.836 243,239.388
202306 224,312.553 305.109 242,768.719
202309 203,264.276 307.789 218,073.116
202312 225,262.805 306.746 242,496.093
202403 243,849.268 312.332 257,809.633
202406 266,723.000 314.175 280,338.671
202409 299,881.415 315.301 314,064.154
202412 320,579.984 315.605 335,418.255
202503 349,188.366 319.799 360,559.407
202506 381,304.341 322.561 390,349.888
202509 411,832.317 324.800 418,695.766
202512 350,349.341 324.054 357,008.113
202603 476,641.455 330.213 476,641.455

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 1.24 mean?
AltynEX Co JSC (XKAZ:ATEC) has a Cyclically Adjusted PB Ratio of 1.24 as of Aug. 13, 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 AltynEX Co JSC and its competitors. This is near median its historical median of 1.29. Over the past decade, AltynEX Co JSC's Cyclically Adjusted PB Ratio has ranged from 1.24 to 1.33.
Is AltynEX Co JSC's Cyclically Adjusted PB Ratio too high?
AltynEX Co JSC's current Cyclically Adjusted PB Ratio of 1.24 is near median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 1.33. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.54. AltynEX Co JSC's value of 1.24 is 19.5% below this industry median.
How does AltynEX Co JSC's Cyclically Adjusted PB Ratio compare to RAEWF and GRMXD?
AltynEX Co JSC's Cyclically Adjusted PB Ratio of 1.24 can be compared against companies in the Metals & Mining industry. The industry median Cyclically Adjusted PB Ratio is 1.54. AltynEX Co JSC's value of 1.24 is 19.5% below this benchmark. Historically, AltynEX Co JSC's own Cyclically Adjusted PB Ratio has ranged from 1.24 to 1.33 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.54, AltynEX Co JSC 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.54, based on 1,524 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. AltynEX Co JSC's current Cyclically Adjusted PB Ratio of 1.24 is 19.5% 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 AltynEX Co JSC 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. AltynEX Co JSC's current Cyclically Adjusted PB Ratio is 1.24, which is near median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltynEX Co JSC stock overvalued right now?
AltynEX Co JSC (XKAZ:ATEC) has a current Cyclically Adjusted PB Ratio of 1.24. The stock's GF Value™ is ₸376,474.01, compared to a current price of ₸338,871.70 — trading 10% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.24, which is near median its 10-year median of 1.29 and 19.5% below the Metals & Mining industry median of 1.54. 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 AltynEX Co JSC (XKAZ:ATEC), the current Cyclically Adjusted PB Ratio is 1.24 as of Aug. 13, 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.

AltynEX Co JSC Business Description

Address Street Bokenbai batyr 2, Business center Dastan, 5th floor, 12-microdistrict, Aktobe, KAZ
AltynEX Co JSC is a Kazakhstan-based gold mining company. The company plans to commission a mining and metallurgical plant at the Yubileynoye deposit in the Aktobe region. The facility is expected to extract and process gold-bearing ore and produce gold-silver alloy.