Alpine Select AG (XSWX:ALPNE) Cyclically Adjusted PB Ratio: 0.69 (As of Jul. 13, 2026) — 22% Below Median


XSWX:ALPNE Alpine Select AG XSWX:ALPNE
31 GF Score
Price CHF8.80
! 4 Warning Signs
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What is Alpine Select AG Cyclically Adjusted PB Ratio?

Alpine Select AG XSWX:ALPNE 31 Cyclically Adjusted PB Ratio is 0.69 as of Jul. 13, 2026, which is 22% below its 10-year median of 0.88. GuruFocus rates XSWX:ALPNE with a GF Score™ of 31/100. The stock has 4 warning signs investors should review. Among 1,002 Asset Management companies, Alpine Select AG ranks better than 60.28% on this metric.

As of today (2026-07-13), Alpine Select AG's current share price is CHF8.80. Alpine Select AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was CHF12.75. Alpine Select AG's Cyclically Adjusted PB Ratio for today is 0.69.

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

XSWX:ALPNE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.88   Max: 1.14
Current: 0.72

During the past 13 years, Alpine Select AG's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.45. And the median was 0.88.

XSWX:ALPNE's Cyclically Adjusted PB Ratio is ranked better than
60.28% of 1002 companies
in the Asset Management industry
Industry Median: 0.85 vs XSWX:ALPNE: 0.72

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.

Alpine Select AG's adjusted book value per share data of for the fiscal year that ended in Dec25 was CHF9.085. 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 CHF12.75 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpine Select AG  (XSWX:ALPNE) 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.


Alpine Select AG Cyclically Adjusted PB Ratio Related Terms


Alpine Select AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alpine Select AG'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.

Alpine Select AG Cyclically Adjusted PB Ratio Chart

Alpine Select AG 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 0.99 0.77 0.53 0.56 0.69

Alpine Select AG 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 0.53 0.00 0.56 0.00 0.69

XSWX:ALPNE vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Alpine Select AG'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.


Alpine Select AG Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Alpine Select AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XSWX:ALPNE
31GF Score
Alpine Select AG XSWX:ALPNE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpine Select AG 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.

Alpine Select AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.80/12.75
=0.69

* 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.

Alpine Select AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Alpine Select AG'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)
=9.085/107.2000*107.2000
=9.085

Current CPI (Dec25) = 107.2000.

Alpine Select AG Annual Data

Book Value per Share CPI Adj_Book
201612 12.916 99.380 13.932
201712 16.225 100.213 17.356
201812 13.611 100.906 14.460
201912 14.452 101.063 15.330
202012 13.965 100.241 14.935
202112 16.027 101.776 16.881
202212 11.767 104.666 12.052
202312 7.717 106.461 7.771
202412 7.858 107.128 7.863
202512 9.085 107.200 9.085

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 0.69 mean?
Alpine Select AG (XSWX:ALPNE) has a Cyclically Adjusted PB Ratio of 0.69 as of Jul. 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 Alpine Select AG and its competitors. This is 22% below median its historical median of 0.88. Over the past decade, Alpine Select AG's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.14. According to the industry distribution chart, Alpine Select AG ranks #398 out of 1002 companies in the Asset Management industry, placing it in the top 39.7%.
Is Alpine Select AG's Cyclically Adjusted PB Ratio too high?
Alpine Select AG's current Cyclically Adjusted PB Ratio of 0.69 is 22% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.14. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.85. Alpine Select AG's value of 0.69 is 18.8% below this industry median. Based on the distribution chart, Alpine Select AG ranks #398 out of 1002 companies in the Asset Management industry, which is above the industry midpoint. Overall, Alpine Select AG has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Alpine Select AG's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Alpine Select AG ranks #398 out of 1002 companies for Cyclically Adjusted PB Ratio. This puts Alpine Select AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.85. Alpine Select AG's value of 0.69 is 18.8% below this benchmark. Historically, Alpine Select AG's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.14 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.85, Alpine Select AG 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 Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.85, based on 1,002 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. Alpine Select AG's current Cyclically Adjusted PB Ratio of 0.69 is 18.8% 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 Alpine Select AG and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpine Select AG's current Cyclically Adjusted PB Ratio is 0.69, which is 22% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpine Select AG stock overvalued right now?
Alpine Select AG (XSWX:ALPNE) has a current Cyclically Adjusted PB Ratio of 0.69. The current Cyclically Adjusted PB Ratio is 0.69, which is 22% below median its 10-year median of 0.88 and 18.8% below the Asset Management industry median of 0.85. Alpine Select AG's overall GF Score™ is 31/100 with 4 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 Alpine Select AG (XSWX:ALPNE), the current Cyclically Adjusted PB Ratio is 0.69 as of Jul. 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.

Alpine Select AG Business Description

Other Exchanges ALPN:Switzerland
Address Gotthardstrasse 31, Zug, CHE, CH-6300
Alpine Select AG is an investment company to obtains capital appreciation from investments in core investment strategies: discount-risk-arbitrage, tactical exploitation of under-researched companies/situations, short-term opportunities, liquid hedge funds, and digital assets.
31GF 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.

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